VENTURE INCOME (+) PLUS, INC.
SECURITIES ACT OF 1933-FILE NUMBER #2-66935
RULE 24f-2 NOTICE (INVESTMENT COMPANY ACT OF 1940)
Venture Income (+) Plus, Inc. hereby files its Rule 24f-2 notice in respect
to payment of the filing fee due for the shares of common stock sold as
described below:
NAME AND ADDRESS OF ISSUER
Venture Income (+) Plus, Inc.
124 East Marcy Street
Santa Fe, New Mexico 87501
FISCAL YEAR FOR WHICH NOTICE FILED
April 1, 1994 through March 31, 1995 (hereinafter referred to as the
"fiscal period").
NUMBER OF SHARES (hereinafter referred to as "shares") REGISTERED
OTHER THAN UNDER RULE 24f-2 AND REMAINING UNSOLD OF MARCH 31,
1994.
None
NUMBER OF SHARES REGISTERED DURING THE FISCAL PERIOD UNDER THE
SECURITIES ACT OF 1933 OTHER THAN UNDER 24f-2
None
NUMBER OF SHARES SOLD DURING THE FISCAL PERIOD
2,899,949
NUMBER OF SHARES SOLD DURING THE FISCAL PERIOD PURSUANT TO
REGISTRATION UNDER RULE 24f-2
2,899,949
CALCULATION OF FEE
(A) Shares Sold pursuant to 24f-2 Aggregate Sales Price
2,899,949 $14,166,371
(B) Shares Redeemed Aggregate Redemption Price
(4,284,785) ($20,939,225)
Net aggregate sales price: (A) minus (B) equals = ($6,772,854)
Fee Due: (1/29 of 1% of ($6,772,854) equals $ -0- )
Executed this 30th day of May, 1995
By:
Carl R. Luff, Treasurer
Exhibit: Opinion of Counsel dated May 19, 1995
May 19, 1995
Venture Income (+) Plus, Inc.
c/o Mr. Carl R. Luff
124 East Marcy Street
Santa Fe, NM 87501
Re: Investment Company Act Rule 24f-2 Notice for Fiscal Year
ended March 31, 1995
Dear Sir or Madam:
We have examined such documents and records as we deem necessary
to render this opinion, including your Articles of Incorporation and
Certificate of Good Standing of the State of Maryland dated May 18, 1995.
From such examination, we are of the opinion that Venture Income
(+) Plus, Inc. is:
1. Legally organized and existing under the laws of the State of
Maryland and was so organized and existing throughout the period
in which the sales occurred of the subject shares; and
2. Was authorized to issue the shares of its common stock sold
throughout the period covered by the Notice.
On the basis of our examination of all relevant documents, in our
opinion, the shares of your common stock sold in the one-year period
ended March 31, 1995 were part of your authorized, but unissued, shares
of common stock which, when sold, were legally issued and, when issued
and fully paid for in accordance with the terms of their offering,
constituted fully paid and non-assessable shares of your outstanding
common stock.
We hereby consent to the use of this opinion as an exhibit to the
above-referenced Notice.
Very truly yours,
D'ANCONA & PFLAUM
By:
Sheldon R. Stein
Partner
SRS:AD:sls
