MONARCH INVESTMENT PROPERTIES INC
15-12G, 1999-02-11
BLANK CHECKS
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    FORM 15

  CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER
     SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR
 SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d)
              OF THE SECURITIES EXCHANGE ACT OF 1934.

                                      Commission File Number  0-23208         
                                                            ------------------

                     MONARCH INVESTMENT PROPERTIES, INC.
- ------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

    88-09 103rd Avenue, Ozone Park, New York 11417         (718) 323-4537
- ------------------------------------------------------------------------------
   (Address, including zip code, and telephone number, including area code, 
                  of registrant's principal executive offices)

                                 Common Stock
- ------------------------------------------------------------------------------
            (Title of each class of securities covered by this Form)

    Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

          Rule 12g-4(a)(1)(i)     [X]       Rule 12h-3(b)(1)(i)     [ ]
          Rule 12g-4(a)(1)(ii)    [ ]       Rule 12h-3(b)(1)(ii)    [ ]
          Rule 12g-4(a)(2)(i)     [ ]       Rule 12h-3(b)(2)(i)     [ ]
          Rule 12g-4(a)(2)(ii)    [ ]       Rule 12h-3(b)(2)(ii)    [ ]
                                            Rule 15d-6

    Approximate number of holders of record as of the certification or notice
date:          14                                            
      --------------------------------------------------------

    Pursuant to the requirements of the Securities Exchange Act of 1934 
MONARCH INVESTMENT PROPERTIES, INC. has caused this certification/notice to 
be signed on its behalf by the undersigned duly authorized person.


Date      February 11, 1999               By     s/Anthony E. Gurino
     ---------------------------------       ---------------------------------
                                             Anthony E. Gurino, President

INSTRUCTION: The form is required by Rules 12g-4, 12h-3 and 15d-6 of the 
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of 
which shall be manually signed. It may be signed by an officer of the 
registrant, by counsel or by any other duly authorized person. The name and 
title of the person signing the form shall be typed or printed under the
signature.




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