LEGG MASON GLOBAL TRUST INC
485B24E, 1995-03-31
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<PAGE>


         As filed with the Securities and Exchange Commission on March 31, 1995.
                                                      1933 Act File No. 33-56672
                                                      1940 Act File No. 811-7418
     ==========================================================================
                          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. 7       [X]

         REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940   [X]
                                Amendment No.  8    

                            LEGG MASON GLOBAL TRUST, INC.
                  (Exact Name of Registrant as Specified in Charter)

                               111 South Calvert Street
                              Baltimore, Maryland 21202
                       (Address of Principal Executive Offices)
         Registrant's Telephone Number, including Area Code:  (410) 539-0000
                                     Copies to:

     CHARLES A. BACIGALUPO                      ARTHUR C. DELIBERT, ESQ.
     111 South Calvert Street                   Kirkpatrick & Lockhart
     Baltimore, Maryland 21202                  1800 M Street, N.W.
     (Name and Address of                       South Lobby - Ninth Floor
       Agent for Service)                       Washington, D.C. 20036-5891

     It is proposed that this filing will become effective:

     [__X___] immediately upon filing pursuant to Rule 485(b)
     [      ] on _______, 1995 pursuant to Rule 485(b)
     [______] 60 days after filing pursuant to Rule 485(a)(i)
     [______] on _______, 1995 pursuant to Rule 485(a)(i)
     [______] 75 days after filing pursuant to Rule 485(a)(ii)
     [______] on _______, 1995 pursuant to Rule 485(a)(ii)

     If appropriate, check the following box:

     [_______]  This post-effective amendment designates a new
     effective date for a previously filed post-effective amendment.

     Registrant has filed a declaration pursuant to Rule 24f-2 under the
     Investment Company Act of 1940 and filed the notice required by such Rule
     for its most recent fiscal year on February 24, 1995.



     DC-187871.1 
<PAGE>






     <TABLE>
     <CAPTION>

     LEGG MASON GLOBAL TRUST, INC.
     GLOBAL GOVERNMENT TRUST

                              CALCULATION OF REGISTRATION FEE

       <S>              <C>                 <C>                <C>               <C>

       Title of         Amount of           Proposed           Proposed
       Securities       Shares              Maximum            Maximum           Amount of
       Being            Being               Offering Price     Aggregate         Registration
       Registered       Registered          Per Unit           Offering Price    Fee         
       Shares of        1,140,666           $ 10.05            $290,000 *        $100.00*
       Capital
       Stock,
       Par value
       $.001

     </TABLE>


     The fee for 1,141,524 shares to be registered by this filing has been
     computed on the basis of the price in effect on March 29, 1995.




                               

     *Calculation of the proposed maximum aggregate offering price has been
     made pursuant to Rule 24e-2 under the Investment Company Act of 1940. 
     During its fiscal year ended December 31, 1994, Registrant redeemed or
     repurchased 6,276,848, shares of capital stock.  During its current fiscal
     year, Registrant used 5,165,037 of the shares it redeemed or repurchased
     during its fiscal year ended December 31, 1994 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 1,111,811 shares redeemed or repurchased during its fiscal year
     ended December 31, 1994.  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.
<PAGE>


                                    SIGNATURE PAGE

              Pursuant to the requirements of the Securities Act of 1933 and
     the Investment Company Act of 1940, the Registrant, Legg Mason Global
     Trust, Inc. Global Government Trust certifies that it meets all the
     requirements for effectiveness in this Post-Effective Amendment No. 7 to
     its Registration Statement pursuant to Rule 485(b) under the Securities
     Act of 1933 and has duly caused this Registration Statement to be signed
     on its behalf by the undersigned, thereto duly authorized, in the City of
     Baltimore and State of Maryland, on the 31st day of March, 1995.

                               Legg Mason Global Trust, Inc.

                               By:/s/ Edward A. Taber, III
                                      Edward A. Taber, III
                                      President

              Pursuant to the requirement of the Securities Act of 1933, this
     Post-Effective Amendment to the Registrant's Registration Statement has
     been signed below by the following persons in the capacities and on the
     dates indicated:

     <TABLE>
     <CAPTION>

      <S>                            <C>                        <C>

      Signature                      Title                      Date
      ---------                      -----                      ----
      /s/ Edward A. Taber, III       President and Director     March 31, 1995
      ------------------------
          Edward A. Taber, III

      /s/ John F. Curley, Jr.        Chairman of the Board and  March 31, 1995
      -----------------------        Director
          John F. Curley, Jr.

      /s/ Richard G. Gilmore         Director                   March 31, 1995
      -----------------------
          Richard G. Gilmore*
      /s/ Charles F. Haugh           Director                   March 31, 1995
      ----------------------
          Charles F. Haugh*

      /s/ Arnold L. Lehman           Director                   March 31, 1995
      ----------------------
          Arnold L. Lehman*
      /s/ Jill E. McGovern           Director                   March 31, 1995
      ----------------------
          Jill E. McGovern*
<PAGE>






      /s/ T. A. Rodgers              Director                   March 31, 1995
      ----------------------
          T. A. Rodgers*

      /s/ Marie K. Karpinski         Vice President and         March 31, 1995
      ----------------------         Treasurer
          Marie K. Karpinski

     </TABLE>

     *Signatures affixed by Marie K. Karpinski pursuant to powers of attorney
     dated February 5, 1993 incorporated herein by reference to Pre-Effective
     Amendment No. 2, filed April 1, 1993.
<PAGE>


                                    March 31, 1995



     Legg Mason Global Trust, Inc.
     111 South Calvert Street
     Baltimore, Maryland 21203

     Dear Sirs:

              Legg Mason Global Trust, Inc. ("Fund") is a corporation organized
     under the laws of the State of Maryland on December 31, 1992.  We
     understand that the Fund is about to file Post-Effective Amendment No. 7
     to its Registration Statement on Form N-1A for the purpose of registering
     additional shares of common stock of its series, the Legg Mason Global
     Government Trust ("Portfolio"), under the Securities Act of 1933, as
     amended ("1933 Act"), pursuant to Section 24(e)(1) of the Investment
     Company Act of 1940, as amended ("1940 Act").

              We have, as counsel, participated in various corporate and other
     proceedings relating to the Fund.  We have examined copies either
     certified or otherwise proved to be genuine, of the Articles of
     Incorporation and By-Laws of the Fund and minutes of the meetings of the
     board of directors and other documents relating to its organization and
     operation, and we are generally familiar with its corporate affairs. 
     Based upon the foregoing, it is our opinion that the shares of common
     stock of the Portfolio currently being registered pursuant to Section
     24(e)(1) as reflected in Post-Effective Amendment No. 7 may be sold in
     accordance with the Fund's Articles of Incorporation and By-Laws and, when
     so sold, will be legally issued, fully paid and non-assessable.  We
     express no opinion as to compliance with the 1933 Act, the 1940 Act or
     applicable state securities laws in connection with the sales of shares of
     common stock.

              We hereby consent to this opinion accompanying Post-Effective
     Amendment No. 7 which you are about to file with the Securities and
     Exchange Commission.


                                       Sincerely yours,

                                       KIRKPATRICK & LOCKHART


                                       /s/ Arthur C. Delibert
                                       ______________________
                                           Arthur C. Delibert

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