<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
"Rule 24f-2 Notice"
Fidelity Court Street Trust
(Name of Registrant)
File No. 2-58774
</PAGE>
<PAGE>
FILE NO. 2-58774
Fidelity Court Street Trust
: Fidelity High Yield Tax Free Portfolio
RULE 24F-2 - FILED PURSUANT TO RULE
24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940
(i) Fiscal Year for Which Notice Filed
Fiscal year ended November 30, 1994
(ii) Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2
72,509,523 shares
(iii) Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2
11,206,532 shares
(iv) Number of Securities Sold During Fiscal Year
67,735,743 shares
For information relating to the calculation of the filing fee,
see Note (1) below.
(v) Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2
67,735,743 shares
<TABLE>
<CAPTION>
Number of Shares
Aggregate Price
<S>
<C>
<C>
Sales Pursuant to Rule 24f-2:
67,735,743
$
820,838,266
Redemptions See Note (2) :
(67,735,743)
$
(820,838,266)
Note (2) : The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended November 30, 1994
, aggregated
87,412,391
and $1,057,849,682
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.
Net Sales Pursuant to Rule 24f-2:
0
$
0
</TABLE>
Note (1) : Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0
Fidelity Court Street Trust
:
Fidelity High Yield Tax Free Portfolio
By John H. Costello
Assistant Treasurer
</PAGE>
<PAGE>
FILE NO. 2-58774
Fidelity Court Street Trust
: Spartan Connecticut Municipal High Yield Portfolio
RULE 24F-2 - FILED PURSUANT TO RULE
24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940
(i) Fiscal Year for Which Notice Filed
Fiscal year ended November 30, 1994
(ii) Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2
No shares
(iii) Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2
711,015
(iv) Number of Securities Sold During Fiscal Year
6,627,548 shares
For information relating to the calculation of the filing fee,
see Note (1) below.
(v) Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2
6,627,548 shares
<TABLE>
<CAPTION>
Number of Shares
Aggregate Price
<S>
<C>
<C>
Sales Pursuant to Rule 24f-2:
6,627,548
$
72,572,004
Redemptions See Note (2) :
(6,627,548)
$
(72,572,004)
Note (2) : The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended November 30, 1994
, aggregated
15,753,663
and $170,335,951
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.
Net Sales Pursuant to Rule 24f-2:
0
$
0
</TABLE>
Note (1) : Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0
Fidelity Court Street Trust
:
Spartan Connecticut Municipal High Yield Portfolio
By John H. Costello
Assistant Treasurer
</PAGE>
<PAGE>
FILE NO. 2-58774
Fidelity Court Street Trust
: Spartan Florida Municipal Income Portfolio
RULE 24F-2 - FILED PURSUANT TO RULE
24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940
(i) Fiscal Year for Which Notice Filed
Fiscal year ended November 30, 1994
(ii) Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2
No shares
(iii) Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2
No shares
(iv) Number of Securities Sold During Fiscal Year
10,546,906 shares
For information relating to the calculation of the filing fee,
see Note (1) below.
(v) Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2
10,546,906 shares
<TABLE>
<CAPTION>
Number of Shares
Aggregate Price
<S>
<C>
<C>
Sales Pursuant to Rule 24f-2:
10,546,906
$
113,687,492
Redemptions See Note (2) :
(10,546,906)
$
(113,687,492)
Note (2) : The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended November 30, 1994
, aggregated
15,871,258
and $166,831,473
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.
Net Sales Pursuant to Rule 24f-2:
0
$
0
</TABLE>
Note (1) : Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0
Fidelity Court Street Trust
:
Spartan Florida Municipal Income Portfolio
By John H. Costello
Assistant Treasurer
</PAGE>
<PAGE>
FILE NO. 2-58774
Fidelity Court Street Trust
: Spartan New Jersey Municipal High Yield Portfolio
RULE 24F-2 - FILED PURSUANT TO RULE
24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940
(i) Fiscal Year for Which Notice Filed
Fiscal year ended November 30, 1994
(ii) Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2
No shares
(iii) Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2
No shares
(iv) Number of Securities Sold During Fiscal Year
4,712,112 shares
For information relating to the calculation of the filing fee,
see Note (1) below.
(v) Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2
4,712,112 shares
<TABLE>
<CAPTION>
Number of Shares
Aggregate Price
<S>
<C>
<C>
Sales Pursuant to Rule 24f-2:
4,712,112
$
52,850,946
Redemptions See Note (2) :
(4,712,112)
$
(52,850,946)
Note (2) : The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended November 30, 1994
, aggregated
10,919,165
and $120,455,997
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.
Net Sales Pursuant to Rule 24f-2:
0
$
0
</TABLE>
Note (1) : Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0
Fidelity Court Street Trust
:
Spartan New Jersey Municipal High Yield Portfolio
By John H. Costello
Assistant Treasurer
</PAGE>
January 19, 1995
Mr. John Costello, Assistant Treasurer
Fidelity Court Street Trust
82 Devonshire Street
Boston, Massachusetts 02109
Dear Mr. Costello:
Fidelity Court Street Trust (the trust) is a Massachusetts business
trust created under the name of "Devon Municipal Bond Fund"
under a written Declaration of Trust dated April 21, 1977 and
executed and delivered in Boston, Massachusetts. Its name was
changed to "Fidelity Extra Yield Municipals" by a supplement to
the Declaration of Trust dated October 14, 1977 filed with the
Secretary of the Commonwealth of Massachusetts on October 17,
1977. Its name was further changed to "Fidelity High Yield
Municipals" by a supplement to the Declaration of Trust dated and
filed with the Secretary of the Commonwealth of Massachusetts on
November 3, 1977. An additional supplement to the Declaration of
Trust was dated and filed with the Secretary of the Commonwealth
of Massachusetts on November 30, 1977. An amended and
restated Declaration of Trust, dated February 1, 1987 was executed
and delivered in Boston, Massachusetts on February 12, 1987. The
trust's name was changed to Fidelity Court Street Trust by a
supplement to the Declaration of Trust dated August 1, 1987 and
filed with the Secretary of the Commonwealth of Massachusetts on
August 6, 1987. An additional supplement to the Declaration of
Trust was dated and filed with the Secretary of the Commonwealth
of Massachusetts on December 8, 1988.
I have conducted such legal and factual inquiry as I deem necessary
for the purpose of rendering this opinion.
Under Article III, Section 1 of the Declaration of Trust, the
beneficial interest in the Trust shall be divided into such transferable
Shares of one or more separate and distinct Series or classes as the
Trustees shall from time to time create and establish. The number
of Shares is unlimited and each Share shall be without par value and
shall be fully paid and nonassessable. The Trustees shall have full
power and authority, in their sole discretion and without obtaining
any prior authorization or vote of the Shareholders or of any Series
or class of shareholders of the Trust, to create and establish (and to
change in any manner) Shares or any Series or classes thereof with
such preferences, voting powers, rights and privileges as the
Trustees may from time to time determine, to divide or combine the
Shares or any Series or classes thereof into a greater or lesser
number, to classify or reclassify any issued Shares into one or more
Series or classes of Shares, to abolish any one or more Series or
classes of Shares, and to take such other action with respect to the
Shares as the Trustees may deem desirable.
Under Article III, Section 4, the Trustees shall accept investments
in the Trust from such persons and on such terms as they may from
time to time authorize. Such investments may be in the form of
cash or securities in which the appropriate Series is authorized to
invest, valued as provided in Article X, Section 3. After the date of
the initial contribution of capital, the number of Shares to represent
the initial contribution may in the Trustees' discretion be considered
as outstanding and the amount received by the Trustees on account
of the
contribution shall be treated as an asset of the Trust. Subsequent
investments in the Trust shall be credited to each Shareholder's
account in the form of full Shares at the Net Asset Value per Share
next determined after
the investment is received; provided, however, that the Trustees
may, in their sole discretion, (a) impose a sales charge upon
investments in the Trust and (b) issue fractional Shares.
By a vote adopted on June 19, 1979 and amended on February 22,
1985, the Board of Trustees authorized the issue and sale of an
unlimited number of shares of beneficial interest of this Trust in
accordance with the terms included in the Registration Statement
and subject to the limitations of the Declaration of Trust and any
amendments thereto.
I understand from you that, pursuant to Rule 24f-2 under the
Investment Company Act of 1940, the Trust has registered an
indefinite number of shares of beneficial interest under the
Securities Act of 1933. I further understand that, pursuant to the
provisions of Rule 24f-2, the Trust is about to file with the
Securities and Exchange Commission a notice making definite the
registration of 89,622,309 shares of the Trust (the Shares) sold in
reliance upon Rule 24f-2 during the Trust's fiscal year ended
November 30, 1994.
I am of the opinion that all necessary Trust action precedent to the
issue of the Shares has been duly taken, and that all the Shares were
legally and validly issued and are fully paid and nonassessable
except as described in the Trust's Statements of Additional
Information under the heading "Shareholder and Trustee Liability."
In rendering this opinion, I rely on the representation by the Trust
that it or its agent received consideration for the Shares in
accordance with the Trust's Declaration of Trust, and I express no
opinion as to compliance with the Securities Act of 1933, the
Investment Company Act of 1940, or applicable state "Blue Sky" or
state securities laws in connection with the sale of the Shares.
I hereby consent to the filing of this opinion with the Securities and
Exchange Commission in connection with a Rule 24f-2 Notice
which you are about to file under the 1940 Act with said
Commission.
Sincerely,
Arthur S. Loring, Esq.
Vice President - Legal
