CORTLAND TRUST INC
497J, 1995-08-09
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                       REICH & TANG ASSET MANAGEMENT L.P.
                                600 Fifth Avenue
                            New York, NY 10020-2302




August 8, 1995




VIA EDGAR TRANSMISSION



Securities & Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Re:      Cortland Trust, Inc.
         Registration Statement No. 2-94935
         File No. 811-4179

Dear Sir or Madam:

As sponsor of the  above-referenced  Fund, we are writing this letter to certify
that:

(1)      the form of Prospectus  and Statement of  Additional  Information  that
         would have been filed under Rule 497(b) of the  Securities Act of 1933,
         do not differ from that  contained  in the most  recent  Post-Effective
         Amendment to the Registration Statement on Form N-1A (the "Registration
         Statement"), and

(2)      the  text  of  the  most  recent   Registration   Statement  was  filed
         electronically with the Securities and Exchange Commission on July 28,
         1995 and became effective on August 1, 1995 pursuant to Rule 485(b).


Cortland Trust, Inc.




REICH & TANG ASSET MANAGEMENT L.P.



BY:
         Bernadette N. Finn
         Authorized Signatory




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