U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Report of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
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1. Name and address of Issuer:
Hudson Investors Fund, Inc.
790 Bloomfield Ave. P.O. Box 2070
Clifton, N.J. 07012
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2. Name of each series or class of funds for which this notice is filed:
Hudson Investors Fund
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3. Investment Company Act File Number:
Securities Act File Number:
811-7956
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4. Last day of fiscal year for which this notice is filed:
December 31, 1998
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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:
[ ]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
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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:
-0-
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
-0-
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9. Number and aggregate sale price of securities sold during the fiscal year:
Shares: 97.8676 Aggregate: $840.00
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<PAGE>
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10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
Shares: 97.8676 Aggregate: $840.00
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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):
-0-
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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): $840.00
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(ii) Aggregate price of shares issued in
connection with dividend reinvestment plans
(from Item 11, if applicable): + -0-
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(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): - 6992.00
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(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-
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(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): -0-
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(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable
law or regulation (see Instruction C.6): X -0-
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(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $0.00
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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.
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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).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
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SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Javed Latef
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JAVED LATEF, PRESIDENT
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Date 06/14/99
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*Please print the name and title of the signing officer below the signature.
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John W. Belash, Esquire
110 Wall Street - Suite 15B
New York, New York 10005
June 14, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Hudson Investors Fund, Inc.
Securities Act File No. 33-67174
Investment Company Act File No. 811-7956
Gentlemen:
I have been requested to render this opinion as counsel for Hudson
Investors, Fund, Inc. (the "Fund"), a Maryland corporation, in connection with
its Rule 24f-2 Notice for the fiscal year ending December 31, 1998.
In my opinion, the shares issued were duly authorized, validly issued,
fully paid and non-assessable shares of Common Stock of the Fund.
I consent to the filing of this opinion as part of the Registration
Statement of the Fund.
Very truly yours,
/s/ John W. Belash
John W. Belash, Esq.
