1933 Act Registration No. 33-48613 1940 Act File No. 811-6705
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933 ( )
Pre-Effective Amendment No. ( )
Post-Effective Amendment No. 8 (X)
and/or
REGISTRATION STATEMENT
UNDER THE INVESTMENT COMPANY ACT OF 1940 ( )
Amendment No. ( )
__________
G R A D I S O N - M C D O N A L D M U N I C I P A L
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:
Richard M. Wachterman Bradley J. Turner
Gradison-McDonald Municipal Gradison-McDonald Municipal
Custodian Trust Custodian Trust
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)
of Rule 485.
on _______________ pursuant to paragraph (b) of
Rule 485.
_____ 60 days after filing pursuant to paragraph (a)
of Rule 485.
_____ on ________ l995 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 August 21, 1996.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant has duly caused this
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 3rd day of September 1996.
Registrant hereby certifies that this Amendment to Registration Statement
meets all of the requirements for effectiveness pursuant to paragraph (b)
of Rule 485.
GRADISON-MCDONALD MUNICIPAL CUSTODIAN TRUST
(Registrant)
By */S/ DONALD E. WESTON
Chairman
Pursuant to the requirements of the Securities Act of 1933, this
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 September 3, l996
(Principal Executive
Officer and Trustee)
*DANIEL J. CASTELLINI Trustee "
*THEODORE EMMERICH Trustee "
*RICHARD RANKIN Trustee "
*JEROME SCHNEE Trustee "
*BRADLEY E. TURNER President "
*PATRICIA JAMIESON Treasurer
(Principal Financial and
Accounting Officer "
*By /S/ Richard M. Wachterman
Richard M. Wachterman
Attorney-in-Fact
CALCULATION OF REGISTRATION FEE
A. Title and amount of securities being registered (number of shares or
other units):
218,120 shares beneficial interest (See Note Below)
B. Proposed aggregate offering price to the public of the securities being
registered:
$1,998,100 (Determined on the basis of the closing price on August
21, 1996, of shares of the Gradison-McDonald Ohio Tax-
Free Income Fund, i.e. $13.36 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:
$689 (See Note Below)
D. Approximate 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: 218,120
Less Adjustment for Shares
Redeemed in Excess of Shares
Sold During Fiscal Year
Ended June 30, 1996: -68,562
--------
149,558 X $13.36 = $1,998,100
Fee at l/2900 $ 689
The calculation of the maximum offering price is made pursuant to Rule 24e-
2 under the Investment Company Act of 1940. During its fiscal year ended
June 30, 1996, Registrant redeemed or repurchased 1,576,717 shares of
beneficial interest and used 1,508,155 of those shares for a reduction
pursuant to Paragraph (c) of Rule 24f-2 under the Investment Company Act of
1940. Registrant is using this post-effective amendment to register the
remaining 68,562 shares redeemed or purchased during its fiscal year ended
June 30, 1996. 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.
Gradison Division
McDonald & Company Securities, Inc.
580 Walnut Street
Cincinnati, Ohio 45202
(513) 579-5076
September 3, l996
Gradison-McDonald Municipal 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 Municipal Custodian Trust to be
made 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 shareholders and
trustees from the date of its organization until the present time, 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 Trust had authority
to issue the Shares and that, assuming such Shares were issued pursuant to
the terms, provisions and conditions set forth in the then current
Registration Statement of the Trust, under the Securities Act of l933, as
amended, (Registration No. 33-48613), the Shares were validly issued, fully
paid and nonassessable.
Respectfully submitted,
|S| Richard M. Wachterman
Richard M. Wachterman
General Counsel
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