FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
Canandaigua National Collective Investment Fund for Qualified Trusts
(the "Fund"), 72 South Main Street, Canandaigua, New York 14424.
2. Name of each series or class of funds for which this notice is filed:
Equity Portfolio; Bond Portfolio
3. Investment Company Act File Number: 811-7322
Securities Act File Number: 33-53698
4. Last day of fiscal year for which this notice is filed:
December 31, 1996
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities sold
after the close of the fiscal year but before termination of the issuer's
24f-2 declaration: [ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
7. Number and amount of securities of the same class or series which had
been registered under the Securities Act of 1933 other than pursuant to
rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year: None
8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2: None
9. Number and aggregate sale price of securities sold during the fiscal
year: 191,927.29 Shares and Aggregate Sale Price: $2,877,717.57.
10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2: 191,927.29
Shares and Aggregate Sale Price: $ 2,877,717.57.
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
Instruction B.7): None.
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal year in
reliance on rule 24f-2 (from Item 10): $2,877,717.57
(ii) Aggregate price of shares issued in connection with dividend
reinvestment plans (from Item 11, if applicable): $ -0-
(iii) Aggregate price of shares redeemed or repurchased during the fiscal
year (if applicable): N/A
(iv) Aggregate price of shares redeemed or repurchased and previously
applied as a reduction to filing fees pursuant to rule 24e-2 (if
applicable): -0-
(v) Net aggregate price of securities sold and issued during the fiscal
year in reliance on rule 24f-2 [line (i), plus line (ii), less line (iii),
plus line (iv)] (if applicable): = $2,877,717.57
(vi) Multiplier prescribed by Section 6(b) of the Securities Act of 1933
or other applicable law or regulation (see Instruction C.6): 1/33rd of 1%
of aggregate sales price of securities sold
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $ 872.04
Instruction: Issuers should complete lines (ii), (iii), (iv), and (v)
only if the form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of Informal
and Other Procedures (17 CFR 202.3a). [X]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository: August 11, 1997.
SIGNATURES
This report has been signed below by the following person on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ ROBERT J. SWARTOUT, SECRETARY
Robert J. Swartout,
Secretary and Member, Supervisory Committee
of the Fund
Date: August 11, 1997
* Please print the name and title of the signing officer below the
signature.
August 8, 1997
(716) 258-2813
Canandaigua National Collective Investment
Fund for Qualified Trusts
c/o Robert J. Swartout, Secretary
The Canandaigua National Bank and Trust Company
72 South Main Street
Canandaigua, New York 14424
Dear Sirs:
It is our opinion that the 178,976.502 units of the Equity Portfolio
of the Canandaigua National Collective Investment Fund for Qualified Trusts
(the "Fund") issued during 1996 and the 12,950.792 units of the Bond
Portfolio of the Fund issued during 1996 were legally issued, fully paid,
and non-assessable.
Very truly yours,
/s/ Underberg & Kessler LLP
UNDERBERG & KESSLER LLP
