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U.S SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.
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1. Name and address of issuer:
MEYERS PRIDE VALUE FUND
3435 STELZER RD.
COLUMBUS, OH 43219
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2. Name of each series or class of funds for which this notice is filed:
MEYERS PRIDE VALUE FUND
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3. Investment Company Act File Number: 811-7581
Securities Act File Number: 333-02111
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4. Last day of fiscal year for which this notice is filed:
MAY 31, 1997
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5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration: [ ]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1). If
applicable (see Instruction A.6):
N/A
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7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule 24f-2
in a prior fiscal year, but which remained unsold at the begininng of the
fiscal year:
NONE
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8. Number and amount of securities registered during the fiscal year other than
pursuant to rule 24f-2:
NONE
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9. Number and aggregate sale price of securities sold during the fiscal year:
$1,407,673.00 Price
133,466.00 Shares
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10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
$1,407,673.00 Price
133,466.00 Shares
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11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction B.7):
$0.00 Price
0.00 Shares
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year in reliance on rule 24f-2 (from Item 10): $1,407,673.00
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(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if
applicable): $0.00
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(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): $67,182.00
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(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): $0
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(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-2
[line (i), plus line (ii), less line (iii), plus line
(iv)] (if applicable): $1,340,491.00
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(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or regulation (see
Instruction C.6): 1/3300
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $406.21
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Instruction: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
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13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commission's Rules of Informal and Other
Procedures (17 CFR 202.3a).
[ X ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
7/29/97
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SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title) /s/ Janelle Gellermann, Treasurer
-----------------------------------
Janelle Gellermann, Treasurer
-----------------------------------
Date 7/30/97
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MEYERS PRIDE VALUE FUND
MAY 31, 1997
SUMMARY
<TABLE>
<CAPTION>
FUNDS SHARES
DOLLARS DOLLARS SALES DOLLARS INCREASE/ THAT PURCHASE REINVEST SHARES INCREASE/
FUND PURCHASED REINVEST COMMISSIONS REDEMPTIONS (DECREASE) INCREASED SHARES SHARES REDEMPTION DECREASE
- ----------- ------------- -------- ----------- ----------- ------------- ------------- ---------- -------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PRIDE VALUE
FUND $1,407,673.00 $0.00 $0.00 $67,182.00 $1,340,491.00 $1,340,491.00 133,466.00 0.00 5,599.00 127,867.00
============= ======== =========== =========== ============= ============= ========== ======== ========== ==========
TOTAL $1,407,673.00 $0.00 $0.00 $67,182.00 $1,340,491.00 $1,340,491.00 133,466.00 0.00 5,599.00 127,867.00
CHANGE IN
ASSETS $1,340,491.00
=============
24f-2 FEE
(Change
in assets/
3300) $406.21
=============
</TABLE>
<TABLE>
<CAPTION>
% CONTRIBUTED PROPORTIONAL
TO INCREASE FEE
------------- ------------
<S> <C> <C>
PRIDE VALUE FUND 100.00% $406.21
0 0.00% 0.00
0 0.00% 0.00
0 0.00% 0.00
------------- ------------
100.00% $406.21
</TABLE>
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MAYER, BROWN & PLATT
1675 BROADWAY
NEW YORK, NEW YORK 10019-5820
MAIN TELEPHONE
212-506-2500
MAIN FAX
212-262-1910
July 23, 1997
Meyers Pride Value Fund
3435 Stelzer Road
Columbus, Ohio 43219
Re: Rule 24f-2 Notice for Meyers Investment Trust on behalf
of Meyers Pride Value Fund
Ladies and Gentlemen:
We have acted as counsel to Meyers Investment Trust, a Delaware
Business Trust (the "Trust"), on behalf of Meyers Pride Value Fund, a series of
the Trust (the "Fund"). The Trust has requested our opinion as to the legality
of the 133,466 shares of beneficial interest, $.00001 par value per share (the
"Shares") of the Fund which were issued by the Fund during the Trust's fiscal
year ended May 31, 1997. During the Trust's fiscal year ended May 31, 1997, the
foregoing Shares were registered under the Securities Act of 1933, as amended
(the "Securities Act") pursuant to Rule 24f-2 of the Investment Company Act of
1940, as amended (the "Investment Company Act").
We understand that you are about to file with the Securities and
Exchange Commission, a notice pursuant to Rule 24f-2 making definite the
registration of 133,466 shares of the Fund sold in reliance upon Rule 24f-2
during the fiscal year ended May 31, 1997.
We have examined a certificate of the Secretary of the Trust to the
effect that the Trust or its agent received the consideration for the Shares and
we have examined such other documents as we have deemed reasonably necessary,
including the Trust's Declaration of Trust , the Trust's By-Laws, minutes of the
meetings of the Board of Directors, and the post-effective amendment number 2 to
the Registration Statement on Form N-1A (File 811-7581 and 333-02111) filed in
connection with the offering of the Shares with the Securities and Exchange
Commission. In our examination of the foregoing documents, we have assumed the
genuineness of all signatures, the authenticity of all documents submitted to us
as originals and the conformity to original documents of all documents submitted
to us as certified or photostatic copies.
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MAYER, BROWN & PLATT
Meyers Pride Value Fund
July 23, 1997
Page 2
On the basis of and subject to the foregoing, we are of the opinion
that the Shares registered pursuant to Rule 24f-2 of the Investment Company Act,
were, when issued for payment as described in the Trust's prospectus for such
respective Shares, legally issued, fully paid and non-assessable.
We hereby consent to the filing with the Securities and Exchange
Commission of this opinion as part of the Trust's Rule 24f-2 Notice.
We express no opinion herein as to compliance with any state or federal
securities laws. We are admitted to practice in the State of New York; we are
not admitted in the State of Delaware. Accordingly, for purposes of rendering
this opinion we have assumed that the laws of the State of Delaware are
substantially similar to the laws of the State of New York. The opinion
expressed herein has been rendered at your request and is solely for your
benefit and may not be relied upon in any manner by any other person or by you
for any other purpose.
Very truly yours,
/s/ MAYER, BROWN & PLATT
MAYER, BROWN & PLATT