CORTLAND TRUST INC
497J, 1996-06-03
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                       REICH & TANG ASSET MANAGEMENT L.P.
                                600 Fifth Avenue
                            New York, NY 10020-2302




June 3, 1996




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,  does 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 May 15, 1996 and became
     effective on May 15, 1996 pursuant to Rule 485(b).


Cortland Trust, Inc.




REICH & TANG ASSET MANAGEMENT L.P.



BY:
         Bernadette N. Finn
         Authorized Signatory




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