SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
RULE 24F-2 NOTICE
FOR
JOSHUA MUTUAL FUND, INC.
(Name of Registrant)
(Address of principal offices)
Joshua Media Fund, shares .001 par value
(Title of securities with respect to which notice is filed)
File Nos. 33-80110
811-08508
1. Fiscal year for which Notice is filed:
May 1, 1995 through April 30,1996
2. Number or 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 but which remained unsold at the beginning of such fiscal year:
Joshua Media Fund -- 0
3. Number or amount of securities, if any, registered during such fiscal year
other than pursuant to Rule 24f-2:
Joshua Media Fund -- 0
4. Amount of securities sold during such fiscal year net of shares issued
upon reinvestment of dividends:
Joshua Media Fund $ 390,000
5. Amount of securities sold during such fiscal year net of shares issued
upon reinvestment in reliance upon registration pursuant to Rule 24f-2:
Joshua Media Fund $ 390,000
6. The required opinion of counsel is attached hereto.
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7. Calculation of Fees:
JOSHUA MEDIA FUND
Amount sold $ 390,000
Amount redeemed $ 289,500
--------
$ 100,500
Fee Rate / 2,900
Total Fees $ 34.66
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DATE: June 28 , 1996
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JOSHUA MUTUAL FUND, INC.
BY: Ballard Spahr Andrews & Ingersoll
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LAW OFFICES
BALLARD SPAHR ANDREWS & INGERSOLL
1735 MARKET STREET 51ST FLOOR
PHILADELPHIA, PENNSYLVANIA 19103-7599
(215) 665-8500
FAX: (215) 664-8999
[email protected]
June 28, 1996
Joshua Mutual Fund, Inc.
P.O. Box 9090
Valley Forge, PA 19485-9090
RE: Rule 24f-2 Notice for the
Joshua Mutual Fund, Inc.
(Securities Act File No. 33-80110)
Gentlemen:
We have acted as councel to the Joshua Mutual Fund, Inc. (the "Fund"),
a corporation organized under the laws of the State of Maryland as registered
with the Securities and Exchange Commission under the Investment Company Act of
1940 as an open-end non-diversified, management investment company.
We understand that, pursuant to the provisions of Rule 24f-2, the Fund
is filing with the Securities and Exchange Commission a notice (the "Notice")
for the fiscal year ended April 30, 1996. Specifically, we have been informed by
the Fund that a total of 26,042.782 Shares (representing interests in the media
series portfolio existing during the fiscal year) were issued from time to time
during such Joshua Mutual Fund fiscal year. The Fund has requested our opinion
in connection with the filing of such Notice, for inclusion in such filing.
In connection with our giving this opinion, we have examined a copy of
the Charter of the Fund as amended, and originals or copies, certified or
otherwise identified to our satisfaction, of such other documents, corporate
records and other instruments as we have deemed necessary or advisable for
purposes of this opinion. As to various questions of fact material to our
opinion, we have relied upon information provided by officers or agents of the
Fund.
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Joshua Mutual Fund, Inc.
June 28, 1996
Page 2
Based on the foregoing, we are of the opinion that the 26,042.782
Shares issued by the Fund during its fiscal year ended April 30, 1996 were, when
issued for payment as described in the Fund's prospectus, legally issued, fully
paid and non-assessable.
Very Truly yours,
Ballard Spahr Andrews & Ingersoll
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