MOORES LANE PROPERTIES LTD
10-Q/A, 1996-11-05
REAL ESTATE
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  FORM 10-Q--QUARTERLY REPORT UNDER SECTION 13 OR 15(D)
         OF THE SECURITIES EXCHANGE ACT OF 1934

                      UNITED STATES

           SECURITIES AND EXCHANGE COMMISSION

                 Washington, D.C. 20549

                        FORM 10-Q/A No.1
(Mark One)

[X] Quarterly Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
For the period ended June 30, 1996

                           or
[  ]  Transition Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
For the transition period from __________ to
_______________

Commission File Number: 33-3955-A

              MOORE'S LANE PROPERTIES, LTD.
      (Exact name of Registrant as specified in its
charter)

 Tennessee                                    62-1271931
 (State or other jurisdiction of        (I.R.S. Employer
 incorporation or organization)          Identification)


One Belle Meade Place, 4400 Harding Road, Suite 500,
Nashville, Tennessee 37205
(Address of principal executive office)       (Zip Code)

                          (615)  292-1040
  (Registrant's telephone number, including area code)

(Former  name,  former address and former fiscal year,
if changed since last report.)


    Indicate by check mark whether the  Registrant  (1)
has filed all reports required to be filed by Section
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 such filing
requirements for at least the past 90 days.


                                  YES    X     NO  ___  


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                      PART II. OTHER INFORMATION



Item 6. EXHIBITS AND REPORTS ON FORM 8-K


   (a) Exhibits

       Exhibit 27  -  Financial Data Schedule 

   (b) No 8-K's have been filed during this quarter.





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                             SIGNATURES



Pursuant to the requirements 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.


                              MOORE'S LANE PROPERTIES, LTD.

                              By:   222 PARTNERS, INC. 
                              General Partner    



Date:November 1, 1996          By:/s/ Steven D. Ezell   
                               President



Date:November 1, 1996          By:/s/ Michael A. Hartley
                              Secretary/Treasurer   

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<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1996
<CASH>                                          22,985
<SECURITIES>                                   415,137
<RECEIVABLES>                                    1,000
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       2,510,538
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               2,949,660
<CURRENT-LIABILITIES>                           70,521
<BONDS>                                              0
                                0
                                          0
<COMMON>                                             0
<OTHER-SE>                                   2,879,039
<TOTAL-LIABILITY-AND-EQUITY>                 2,949,660
<SALES>                                              0
<TOTAL-REVENUES>                                 3,865
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                33,662
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                               (29,796)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (29,796)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (29,796)
<EPS-PRIMARY>                                   (3.97)
<EPS-DILUTED>                                        0
        

</TABLE>


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