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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _________)*
Capital Reality Investors Tax Exempt FD LTD Part
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(Name of Issuer)
Mutual Fund
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(Title of Class of Securities)
140437203
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(CUSIP Number)
Check the following line if a fee is being paid with this
settlement _X_. (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior
cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5
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CUSIP No. 140437203 13G Page 2 of 5
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shawmut National Corporation (#06-1212629)
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2. CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP*
(a) ______
(b) ___X__
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Connecticut/United States of America
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5. SOLE VOTING POWER
NUMBER OF 2,200 Shares
SHARES
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BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0 Shares
EACH
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REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 2,200 Shares
WITH
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8. SHARED DISPOSITIVE POWER
0 Shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,200 Shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
No
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.7%
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12. TYPE OF REPORTING PERSON*
HC, BK
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* SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 5
Item 1(a). Name of Issuer.
Capital Reality Investors Tax Exempt FD LTD Part
Item 1(b). Address of Issuer's Principal Executive Offices.
CRI Building
11200 Rockville Pike
Rockville, MD 20852
Item 2(a). Name of Person Filing.
Shawmut National Corporation
Item 2(b). Address of Principal Business Office.
777 Main Street, Hartford, CT 06115
Item 2(c). Citizenship.
United States of America
Item 2(d). Title of Class of Securities.
Common Stock
Item 2(e). CUSIP Number.
140437203
Item 3. Statements Filed Pursuant to Rule 13d-1(b) or
13d-2(b).
The person filing is a:
(b) X Bank has defined in Section 3(a)(b) of the
Act
(g) X Parent Holding Company, in accordance with
s240.13d-1(b)(ii)(G)
Item 4. Ownership. (See Item 6)
(a) Amount beneficially owned (as of September
30, 1994: 2,200 shares.)
(b) Percent of class: 36.7%
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Page 4 of 5
(c) Number of shares as to which such person
has:
(i) Sole power to vote or to direct the
vote 2,200 shares
(ii) Shared power to vote or to direct the
vote 0 shares
(iii) Sole power to dispose or to direct the
disposition of 2,200 shares
(iv) Shared power to dispose on to direct
the disposition of 0 shares
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf of
Another Person.
All of the shares reported as beneficially owned
under Item 4(a), above, are held by the Bank in a
fiduciary capacity. Shares are held by the Bank
as trustee, and/or Co-Trustee, for the benefit of
other persons who have the right to receive
dividends and the proceeds from the sale of such
shares.
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company.
Shawmut Bank Connecticut, N.A.
Item 3 classification: (b) Bank as defined in
Section 3(a)(6) of the Act.
Item 8. Identification and Classification of Members of
the Group.
Not applicable.
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Page 5 of 5
Item 10. Certification.
By signing below we certify that, to the best of
our knowledge and belief, the securities referred
to above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the affect of changing or
influencing the control of the issuer of such
securities were not acquired in connection with or
as a participant in any transaction having such
purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct.
SHAWMUT NATIONAL CORPORATION
Date: October 11, 1994 By (Gunnar S. Overstrom) President/COO
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(Name) (Title)
