AUTOMATED CASH MANAGEMENT TRUST
485B24E, 1994-06-15
Previous: AUTOMATED CASH MANAGEMENT TRUST, 24F-2NT, 1994-06-15
Next: USAIR GROUP INC, DEF 14A, 1994-06-15



                                                 1933 Act File No. 2-75367
                                                 1940 Act File No. 811-3351

                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                 Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933                 X

     Pre-Effective Amendment No.      ................................

     Post-Effective Amendment No.  19 ................................  X

                                   and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

     Amendment No.      ..............................................

                      AUTOMATED CASH MANAGEMENT TRUST
             (Exact Name of Registrant as Specified in Charter)

                         Federated Investors Tower
                    Pittsburgh, Pennsylvania 15222-3779
                  (Address of Principal Executive Offices)

                               (412) 288-1900
                      (Registrant's Telephone Number)
           John W. McGonigle, Esquire, Federated Investors Tower,
                    Pittsburgh, Pennsylvania 15222-3779
                  (Name and Address of Agent for Service)

It is proposed that this filing will become effective:

 X  immediately upon filing pursuant to paragraph (b)
    on _________________ pursuant to paragraph (b)
    60 days after filing pursuant to paragraph (a)
    on                 pursuant to paragraph (a) of Rule 485.

Registrant has filed with the Securities and Exchange Commission a
declaration pursuant to Rule 24f-2 under the Investment Company Act of 1940,
and:

 X  filed the Notice required by that Rule on June 15, 1994; or
    intends to file the Notice required by that Rule on or about           ;
    or
    during the most recent fiscal year did not sell any securities pursuant
    to Rule 24f-2 under the Investment Company Act of 1940, and, pursuant to
    Rule 24f-2(b)(2), need not file the Notice.

                                 Copies to:

     Thomas J. Donnelly, Esquire             Charles H. Morin, Esquire
     Houston, Houston & Donnelly             Dickstein, Shapiro & Morin
     2510 Centre City Tower                  2101 L Street, N.W.
     650 Smithfield Street                   Washington, D.C.  20037
     Pittsburgh, Pennsylvania 15222
CALCULATION OF REGISTRATION FEE UNDER THE SECURITIES ACT OF 1933
___________________________________________________________________________

                                                Proposed
Title of                       Proposed         Maximum
Securities       Amount        Maximum          Aggregate        Amount of
Being            Being         Offering Price   Offering       Registration
Registered       Registered    Per Unit         Price*             Fee

Shares of        545,828,252       $1.00        $545,828,252    $100.00
Beneficial
Interest
(No par value)
___________________________________________________________________________
___________________________________________________________________________

*Registrant has elected to calculate its filing fee in the manner described
in Rule 24e-2 of the Investment Company Act of 1940.  The total amount of
securities redeemed during the previous fiscal year was 10,415,909,478.  The
total amount of redeemed securities used for reductions pursuant to
paragraph (a) of Rule 24e-2 or paragraph (c) of Rule 24f-2 during the
current year was 9,870,081,226.  The amount of redeemed securities being
used for reduction of the registration fee in this Amendment is 545,828,252.

                           CONTENTS OF AMENDMENT

     This Post-Effective Amendment No. 19 to the Registration Statement of
AUTOMATED CASH MANAGEMENT TRUST is comprised of the following papers and
documents:

          1.   The facing sheet to register a definite number
               of shares of beneficial interest, no par value,
               of AUTOMATED CASH MANAGEMENT TRUST;

          2.   The opinion of Houston, Houston & Donnelly,
               counsel for the Registrant, as to the legality
               of shares being offered and as to the eligibility
               to become effective pursuant to Paragraph (b)
               of Rule 485; and

          3.   Signature page.
                                 SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, AUTOMATED CASH MANAGEMENT
TRUST, certifies that it meets all of the requirements for effectiveness of
this Amendment to its Registration Statement pursuant to Rule 485(b) under
the Securities Act of 1933 and has duly caused this Amendment to its
Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Pittsburgh and Commonwealth of
Pennsylvania on the 15th day of June, 1994.

                      AUTOMATED CASH MANAGEMENT TRUST

               BY: /s/ G. Andrew Bonnewell
               G. Andrew Bonnewell, Assistant Secretary
               Attorney in Fact for John F. Donahue
               June 15, 1994


     Pursuant to the requirements of the Securities Act of 1933, this
Amendment to its Registration Statement has been signed below by the
following person in the capacity and on the date indicated:

     NAME                         TITLE                     DATE

By: /s/G. Andrew Bonnewell
   G. Andrew Bonnewell        Attorney In Fact          June 15, 1994
   Assistant Secretary        For the Persons
                              Listed Below

     NAME                         TITLE

John F. Donahue*              Chairman and Trustee
                              (Chief Executive Officer)

Glen R. Johnson*              President

Edward C. Gonzales*           Vice President and Treasurer
                              (Principal Financial and
                              Accounting Officer)

Edward L. Flaherty, Jr.*      Trustee

Gregor F. Meyer*              Trustee

Marjorie P. Smuts*            Trustee

William J. Copeland*          Trustee

James E. Dowd*                Trustee

Lawrence D. Ellis, M.D.*      Trustee

Wesley W. Posvar*             Trustee

Peter E. Madden*              Trustee

John T. Conroy, Jr.*          Trustee

* By Power of Attorney


Automated Cash Management Trust
Page 1
June 15, 1994
              HOUSTON, HOUSTON & DONNELLY
                    ATTORNEYS AT LAW
                 2510 CENTRE CITY TOWER
WILLIAM McC. HOUSTONPITTSBURGH, PA.  15222
FRED CHALMERS HOUSTON, JR.__________
THOMAS J. DONNELLY
JOHN F. MECK         (412) 471-5828      FRED CHALMERS HOUSTON
                    FAX (412) 471-0736     (1914 - 1971)


MARIO SANTILLI, JR.
THEODORE M. HAMMER

                          June 15, 1994
                                
                                
                                
Automated Cash Management Trust
Federated Investors Tower
Pittsburgh, PA  15222-3779

Gentlemen:

      You  have  requested  our opinion in  connection  with  the
registration by Automated Cash Management Trust ("Trust")  of  an
additional  545,828,252 Shares of Beneficial Interest  ("Shares")
pursuant  to  Post-effective Amendment  No.  19  to  the  Trust's
registration  statement  filed with the Securities  and  Exchange
Commission  under the Securities Act of 1933 (File No.  2-75367).
The  subject  Post-effective Amendment will be filed pursuant  to
Paragraph (b) of Rule 485 and become effective pursuant  to  said
Rule immediately upon filing.

      As  counsel we have participated in the organization of the
Trust and its registration under the Investment Company Act.   We
have  also  participated in the preparation  and  filing  of  the
Trust's  amended registration statement under the Securities  Act
of  1933  referred to above.  We have examined and  are  familiar
with  the  provisions of the written Declaration of  Trust  dated
November  17, 1981, ("Declaration of Trust"), the Bylaws  of  the
Trust  and such other documents and records deemed relevant.   We
have  also  reviewed questions of law and consulted with  counsel
thereon as deemed necessary or appropriate by us for the purposes
of this opinion.

     On the basis of the foregoing, it is our opinion that:

      1.   The  Trust  is  duly organized  and  validly  existing
pursuant to the Declaration of Trust.

      2.   The Shares which are currently being registered by the
Registration  Statement  referred to above  may  be  legally  and
validly  issued  from  time  to  time  in  accordance  with   the
Declaration of Trust upon receipt of consideration sufficient  to
comply  with  the provisions of Article III, Section  3,  of  the
Declaration  of  Trust  and  subject  to  compliance   with   the
Securities Act of 1933, as amended, the  Investment  Company  Act
of  1940,  as  amended, and applicable state laws regulating  the
sale  of securities.  Such Shares, when so issued, will be  fully
paid and non-assessable.

      3.   Post-effective  Amendment  No.  19  does  not  contain
disclosures which would render it ineligible to become  effective
pursuant to Paragraph (b) of Rule 485.

     We hereby consent to the filing of this opinion as a part of
the  Trust's registration statement filed with the Securities and
Exchange  Commission under the Securities Act of 1933  and  as  a
part of any application or registration statement filed under the
securities  laws of the States of the United States.  We  further
consent to the reference to this opinion and the reference to  us
as   counsel   to  the  Trust  in  the  prospectus,  registration
statements and applications.

                                   Very truly yours,

                                   Houston, Houston & Donnelly



                                   By:  /s/Thomas J. Donnelly

TJD:smg




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission