<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q/A
Amendment NO. 1
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period ended June 30, 1996
OR
[_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File Number 2-95449
NATIONAL PROPERTIES INVESTMENT TRUST
Formerly Richard Roberts Real Estate Growth Trust I
(Exact name of registrant as specified in its charter)
Massachusetts 06-6290322
- -------------------------------- ----------------------
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification Number)
P.O. Box 148 Canton Center, CT 06020
- ---------------------------------------- -------
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (860) 678-1109
Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 12,13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the Registrant
was required to file such reports), and (2) has been subject to filing
requirements for the past 90 days. Yes X No
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Signatures
Pursuant to the requirements of Section 13 of 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
NATIONAL PROPERTIES INVESTMENT TRUST
Date: ___________________ By: __________________________________
Peter M. Stein
Managing Trustee
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in the capacities and on the date indicated:
Signature Title Date
___________________________ Managing Trustee ______________
Peter M. Stein
<TABLE> <S> <C>
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<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL
STATEMENTS OF NATIONAL PROPERTIES INVESTMENT TRUST AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 64,395
<SECURITIES> 0
<RECEIVABLES> 25,925
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 133,057
<PP&E> 1,561,142
<DEPRECIATION> 637,656
<TOTAL-ASSETS> 1,056,543
<CURRENT-LIABILITIES> 41,873
<BONDS> 585,117
0
0
<COMMON> 0
<OTHER-SE> 11,735,447
<TOTAL-LIABILITY-AND-EQUITY> 1,056,543
<SALES> 0
<TOTAL-REVENUES> 178,648
<CGS> 0
<TOTAL-COSTS> 122,364
<OTHER-EXPENSES> (51,010)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 30,945
<INCOME-PRETAX> 5,274
<INCOME-TAX> 0
<INCOME-CONTINUING> 5,274
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,274
<EPS-PRIMARY> 0.01
<EPS-DILUTED> 0.01
</TABLE>
