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HUDSON INVESTORS FUND, INC.
1117 ROUTE 46 EAST, SUITE 101
CLIFTON, N.J. 07013
RULE 24f-2 NOTICE
(i) The fiscal year covered by this notice ended December 31, 1995.
(ii) The amount of securities which remained unsold pursuant to another section
of the Securities Act of 1933 at the beginning of our fiscal year was as
follows:
-0- shares
(iii) There were no registrations of securities done this year pursuant to any
other section than 24f-2.
(iv) The amount of securities sold pursuant to section 24f-2 during this fiscal
year:
18,395.65 shares
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(v) Number of securities sold pursuant to section 24f-2 during the fiscal year:
18,395.65 shares
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Opinion of counsel attached.
CALCULATION OF THE FILING FEE
Proceeds received from sale of shares: $174,900
Amount paid out in redeemed shares $226,995
Net proceeds $ Nil
Registration fee payable $ Nil
/s/ Javed Latef
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Javed Latef, President
2/27/96
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[SHUSTAK JALIL SANDERS & HELLER LETTERHEAD]
April 1, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Hudson Investors Fund, Inc.
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Dear Ladies and Gentlemen:
We have been requested to render this opinion as counsel for Hudson
Investors Fund, Inc., a Maryland corporation (the "Fund"), in connection with
the Rule 24f-2 Notice for the fiscal year ending December 31, 1995.
In our opinion, the shares issued were duly authorized, validly
issued, fully paid and non-assessable shares of Common Stock of the Fund.
We consent to the filing of the opinion as part of the Registration
Statement of the Fund.
Very truly yours,
SHUSTAK, JALIL, SANDERS & HELLER
By /s/ James P. Jalil
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James P. Jalil
