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As filed with the Securities and Exchange Commission on June 6, 1995
1933 Act Registration No.33-14949
1940 Act File No. 811-5198
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________
FORM N-1A
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933 (X)
Pre-Effective Amendment No. ( )
Post-Effective Amendment No. 12* (X)
and/or
REGISTRATION STATEMENT
UNDER THE INVESTMENT COMPANY ACT OF 1940 (X)
Amendment No. 12 (X)
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G R A D I S O N C U S T O D I A N T R U S T
(Exact Name of Registrant as Specified in Declaration of Trust)
580 Walnut Street, Cincinnati, Ohio 45202
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (513) 579-5700
Copy to:
BRADLEY E. TURNER RICHARD M. WACHTERMAN
Gradison Division of McDonald & Gradison Division of McDonald &
Company Securities, Inc. Company Securities,Inc.
580 Walnut Street 580 Walnut Street
Cincinnati, Ohio 45202 Cincinnati, Ohio 45202
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate
box)
(X) immediately upon filing pursuant to paragraph (b)
( ) on ____________ pursuant to paragraph (b)
( ) 60 days after filing pursuant to paragraph (a)
( ) on ___________ pursuant to paragraph (a) of rule 485
__________
Registrant has heretofore registered an indefinite number of shares
of beneficial interest, without par value, pursuant to Rule 24f-2 under
the Investment Company Act of 1940, as amended. Registrant's Rule 24f-2
Notice was filed on February 10, 1995.
* Post-Effective Amendment #1, which was filed on March 11,
1988, was erroneously identified as Post-Effective Amendment #4.
All subsequent Post-Effective Amendments were consecutively
numbered beginning with #5. No Post-Effective Amendments
numbered 1 through 3 were filed.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and
the Investment Company Act of 1940, the Registrant has duly caused this
Amendment to Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Cincinnati and
State of Ohio on the 30th day of May 1995.
Registrant hereby certifies that this Amendment to Registration
Statement meets all of the requirements for effectiveness pursuant to
paragraph (b) of Rule 485.
GRADISON CUSTODIAN TRUST
By BRADLEY E. TURNER*
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Bradley E. Turner, President
Pursuant to the requirements of the Securities Act of 1933, this
Amendment to Registration Statement has been signed below by the following
persons in the capacities and on the date indicated.
Signature Title Date
*DONALD E. WESTON Chairman of the Board May 30, l995
(Principal Executive Officer)
*BRADLEY E. TURNER President "
*PATRICIA JAMIESON Treasurer "
(Principal Financial
and Accounting Officer)
*RICHARD A. RANKIN Trustee "
*JEROME E. SCHNEE Trustee "
*THEODORE H. EMMERICH Trustee "
*JACOB O. KAMM Trustee "
*By /S/ Richard M. Wachterman
________________________________________
Richard M. Wachterman, Attorney-in-fact
S-1
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CALCULATION OF REGISTRATION FEE
A. Title and amount of Securities being registered
(number of shares or other units):
5,689,960 shares beneficial interest (See Note Below)
B. Proposed aggregate offering price to the public of
the securities being registered:
$290,000 (Determined on the basis
of the closing price on
May 19, 1995, i.e.
$12.75 per share (See
Note Below))
C. Amount of filing fee, computed at one twenty-ninth
of one percent of the proposed maximum aggregate
offering price to the public:
$100 (See Note Below)
D. Appropriate date of proposed public offering:
As soon as practicable after the effective date of
this Registration Statement, and thereafter from
day to day.
NOTE: Shares to be registered pursuant to Rule 24e-2.
Aggregate
Offering Price
Total Shares Registered: 5,689,960
Less Adjustment for Shares
Sold During Fiscal Year
Ended December 31, 1994: 5,667,215
22,745 X $12.75 = $ 290,000
Fee at 1/2900 $ 100
The calculation of the maximum offering price is made pursuant to Rule
24e-2 under the Investment Company Act of l940. During its fiscal year
ended December 31, l994, Registrant redeemed or repurchased 9,688,819
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shares of beneficial interest and used 4,021,604 of those shares for a
reduction pursuant to Paragraph (c) of Rule 24f-2 under the Investment
Company Act of l940. Registrant is using this post-effective amendment to
register the remaining 5,667,215 shares redeemed or repurchased during its
fiscal year ended December 31, l994. During its current fiscal year
Registrant has filed no other post-effective amendments for the purpose of
the reduction pursuant to paragraph (a) of Rule 24e-2.
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Gradison Division
McDonald & Company Securities, Inc.
580 Walnut Street
Cincinnati, Ohio 45202
(513) 579-5076
May 23, l995
Gradison Custodian Trust
580 Walnut Street
Cincinnati, Ohio 45202
Dear Sir or Madam:
Reference is made to the registration of shares of beneficial interest,
without par value of the Gradison-McDonald Government Income Fund with the
Securities and Exchange Commission (such shares are hereinafter referred
to as the "Shares").
I wish to advise you that I have reviewed the Trust's Declaration of
Trust, its By-Laws, the record of proceeding of its trustees from the date
of its organization until the present time, the applicable provisions of
the laws of the State of Ohio under which the Trust was organized, and
such other documents and questions of law as I deem necessary for the
purpose of this opinion.
Based upon the foregoing, I am of the opinion that the shares which have
been issued have been duly authorized, and when sold under the method
described in the prospectus, fully paid and non-assessable.
Respectfully submitted,
/S/ Richard M. Wachterman
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Richard M. Wachterman
General Counsel
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