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FILE NO. 814-______
As filed with the Securities and Exchange Commission on September 27, 1996
U.S. SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
FORM N-54A
NOTIFICATION OF ELECTION TO BE SUBJECT TO
SECTIONS 55 THROUGH 65 OF THE INVESTMENT COMPANY ACT OF 1940
FILED PURSUANT TO SECTION 54(a) OF THE ACT
The undersigned business development company hereby notifies
the Securities and Exchange Commission that it elects, pursuant to the
provisions of section 54(a) of the Investment Company Act of 1940 (the "Act"),
to be subject to the provisions of sections 55 through 65 of the Act and, in
connection with such notification of election, submits the following
information:
Name: PLYMOUTH COMMERCIAL MORTGAGE FUND
Address of Principal Business Office (No. & Street, City, State, Zip Code):
13333 BLANCO ROAD, SUITE 314
SAN ANTONIO, TEXAS 78216-7756
Telephone Number (including area code): (210) 493-3971
Name and address of agent for service
of process: Copy to:
ROBERT R. SWENDSON, PRESIDENT AND
CHIEF EXECUTIVE OFFICER STEVEN B. BOEHM, ESQUIRE
C/O EMERALD ADVISERS, INC. SUTHERLAND, ASBILL & BRENNAN
13333 BLANCO ROAD, SUITE 314 1275 PENNSYLVANIA AVENUE, N.W.
SAN ANTONIO, TEXAS 78216-7756 WASHINGTON, D.C. 20004-2404
Check one of the following:
/x/ The company has filed a registration statement for a class of equity
securities pursuant to section 12 of the Securities Exchange Act of 1934.
Give the file number of the registration statement or, if the file number is
unknown or has not yet been assigned, give the date on which the registration
statement was filed: September 27, 1996
/ / The company is relying on rule 12g-2 under the Securities Exchange Act
of 1934 in lieu of filing a registration statement for a class of equity
securities under that Act.
The file number of the registration as an investment company pursuant
to section 8(a) of the Act, if any, of the company: (Not applicable)
The file number of the registration as an investment company pursuant
to section 8(a) of the Act, if any, of any subsidiary of the company:
(Not applicable)
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The undersigned company certifies that it is a closed-end
company organized under the laws of Delaware and with its principal place of
business in Texas; that it will be operated for the purpose of making
investments in securities described in sections 55(a)(1) through (3) of the
Investment Company Act of 1940; and that it will make available significant
managerial assistance with respect to issuers of such securities to the extent
required by the Act.
Pursuant to the requirements of the Act, the undersigned
company has caused this notification of election to be subject to sections 55
through 65 of the Investment Company Act of 1940 to be duly signed on its
behalf in the city of San Antonio and state of Texas on the 17th day of
September, 1996.
[SEAL] PLYMOUTH COMMERCIAL MORTGAGE FUND
/s/ Robert R. Swendson
By:
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Robert R. Swendson
President and Chief Executive Officer
/s/ John C. Mosher
Attest:
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John C. Mosher
Vice President and Chief Financial Officer
