September 25, 1996
U.S. Securities and Exchange Commission
Attn: Filing Desk
450 5th Street, N.W.
Washington, DC 20549
RE: Rule 24(f)-2 Notice for Municipal Fund for New York Investors, Inc.
File No. 2-82278
Dear Gentlemen and Ladies:
Pursuant to Rule 24(f)-2 of the Investment Company Act of 1940, the above
referenced Fund hereby files the following:
1. Rule 24(f)-2 Notice; and
2. Opinion of Counsel.
We will obtain confirmation of this filing via our CompuServe account,
72741,733. If there are any questions on this filing I can be reached at
(302) 791-2919.
Very Truly Yours,
Wendy McGee
Legal Assistant
Enclosures
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24f-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer: Municipal Fund for New York Investors, Inc.
400 Bellevue Parkway
Wilmington, DE 19809
2. Name of each series or class of funds for which this notice is filed:
Class A Common Stock, Par Value $.001
3. Investment Company Act File Number: 811-3678
Securities Act File Number: 2-82278
4. Last day of fiscal year for which this notice is filed: July 31, 1996
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:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1),
if applicable: N/A
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
beginning of the fiscal year:
Class A None
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
Number of Aggregate
Name of Portfolio Portfolio Shares Sales Price
Class A 193,692,033 $193,692,033
9. Number and aggregate sale price of securities sold during fiscal year:
Number of Aggregate
Name of Portfolio Portfolio Shares Sales Price
Class A 1,050,486,668 $1,050,486,668
10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2:
Number of Aggregate
Name of Portfolio Portfolio Shares Sales Price
Class A 856,794,635 $856,794,635
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable:
Number of Aggregate
Name of Portfolio Portfolio Shares Sales Price
Class A 143,673 $143,673
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): $ 856,794,635
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11,
if applicable): + 143,673
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if applicable): - 1,025,115,828
(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
(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): $ (168,177,520)
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law or
regulation: \ 2900
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $ 0
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).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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: /s/Edward J. Roach
Edward J. Roach
President and Treasurer
Date: September 25, 1996
DRINKER BIDDLE & REATH
Philadelphia National Bank Building
1345 Chestnut Street
Philadelphia, PA 19107-3496
(215) 988-2700
September 25, 1996
Municipal Fund for New York Investors, Inc.
Bellevue Park Corporate Center
400 Bellevue Parkway, Suite 100
Wilmington, DE 19809
Re: Rule 24f-2 Notice for Municipal Fund for New York Investors, Inc.
Registration No. 2-82278
Gentlemen:
We have acted as counsel for Municipal Fund for New York Investors, Inc.,
a Maryland corporation (the "Fund"), in connection with the registration
under the Securities Act of 1933, as amended, of shares of the Fund's Class
A Common Stock, Class A Common Stock - Special Series 1 and Class A Common
Stock - Special Series 2 made definite by the Fund's September 25, 1996 Rule
24f-2 Notice accompanying this opinion (collectively, the "Shares").
In giving the opinion stated below, we have reviewed the Fund's Charter, its
By-Laws, resolutions adopted by its Board of Directors and shareholders and
such other legal and factual matters as we have deemed appropriate; we have
relied upon a certificate of the Fund's transfer agent as to certain matters
including whether at any time during the Fund's fiscal year ended July 31,
1996 the number of issued and outstanding Shares of any class or series of
the Fund's Common Stock exceeded the number of such Shares that the Fund
was then authorized to issue; and we have assumed the accuracy of the
information in the Rule 24f-2 Notice. We express no opinion concerning the
laws of any jurisdiction other than the Maryland General Corporation Law and
the Federal law of the United States of America.
Based on the foregoing, we are of the opinion that the Shares were, when
issued for payment as described in the Fund's prospectus, legally issued,
fully paid and non-assessable by the Fund.
We hereby consent to the filing of this opinion with the Securities and
Exchange Commission as part of the Fund's Rule 24f-2 Notice.
Very truly yours,
/s/DRINKER BIDDLE & REATH
DRINKER BIDDLE & REATH
