SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 15
Certification and Notice of Termination of Registration
under Section 12(g) of the Securities Exchange Act of
1934 or Suspension of Duty to File Reports Under Sections
13 and 15(d) of the Securities Exchange Act of 1934.
Commission File Number 33-8195
North Side Capital Corporation
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(Exact name of registrant as specified in its charter)
1105 N. Market Street, Suite 2300
Wilmington, Delaware 19899
(302) 427-8736
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(Address, including zip code, and telephone number,
including area code of registrant's principal executive
offices)
Collateralized Mortgage Obligations
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(Title of each class of securities covered by this form)
None
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(Title of all other classes of securities for which a duty
to file reports under Section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the
appropriate rule provision(s) relied upon to terminate or
suspend the duty to file reports:
Rule 12g-4(a)(1)(i) [ ] Rule 12h-3(b)(1)(i) [X]
Rule 12g-4(a)(1)(ii) [ ] Rule 12h-3(b)(1)(ii) [ ]
Rule 12g-4(a)(2)(i) [ ] Rule 12h-3(b)(2)(i) [ ]
Rule 12g-4(a)(2)(ii) [ ] Rule 12h-3(b)(2)(ii) [ ]
Rule 15d-6 [ ]
Approximate number of holders of record as of
certification or notice date:
None
Date: May 14, 1997
By: /s/ Daniel M. Healy
________________________
Daniel M. Healy
Executive Vice President
