HANCOCK JOHN SOVEREIGN INVESTORS FUND INC
24F-2NT, 1995-02-22
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<PAGE>   1
[JOHN HANCOCK FUNDS LETTERHEAD]


THE CONFORMING PAPER FORMAT DOCUMENT IS BEING SUBMITTED PURSUANT
TO RULE 902 (G) OF REGULATION S-T.

United States Securities and Exchange Commission
OFICS Filer Support
SEC Operations Center
6432 General Green Way
Alexandria, Virginia. 22312-2413

Re:      Rule 24f-2 Notice for
         John Hancock Sovereign Investors Fund, Inc.
         Registration No. 2-7954
         Account No. 0000092551
         CIK: 092551

Dear Gentlemen:

The purpose of this letter is to notify the Commission within two (2) months of
the end of the Registrant's Fiscal Year of the number of Registrant's shares
sold during the last fiscal year which are to be registered pursuant to Rule
24f-2 and to pay the appropriate registration fee.

The information required by the above referenced rule is as follows:

Fiscal Year:                           January 1, 1994 to December 31, 1994

<TABLE>
         <S>                                      <C>
         Number of Shares previously
         Registered Other than
         Pursuant to Rule 24f-2
         Remaining Unsold at
         Beginning of Fiscal Year:                         0

         Number of Shares registered
         During Fiscal Year other than
         Pursuant to Rule 24f-2:                           0

         Number of Shares Sold During
         Fiscal Year:                             23,420,211


         Number of Shares Sold During
         Fiscal Year Pursuant to
         Rule 24f-2:                              23,420,211
</TABLE>

<TABLE>
<S>                                                                                                                           <C>
John Hancock Advisers, Inc. - John Hancock Funds, Inc.* - John Hancock Investor Services Corporation -                        (LOGO)
John Hancock Advisers International, Ltd. - NM Capital Management, Inc. - Sovereign Asset Management Corporation
*Member - National Association of Securities Dealers, Inc.
</TABLE>
<PAGE>   2
United States Securities and Exchange Commission
John Hancock Sovereign Investors Fund, Inc.
February 22, 1995
Page Two



Attached to this Rule 24f-2 Notice, and made part hereof, is an opinion of
counsel indicating that the Securities, the Registration of which the notice
makes definite in number, were legally issued, fully paid and non-assessable by
the Registrant.

In accordance with subsection (c) of Rule 24f-2, a registration fee for John
Hancock Sovereign Investors Fund, Inc. of $1,781.21 is due and a certified
check payable to the Securities and Exchange Commission for such amount has
been mailed to the Securities and Exchange Commission at P.O. Box 360055M,
Pittsburgh, PA. The fee computation is based upon the following:


<TABLE>
<S>                                                            <C>
     (1) Aggregate Sales Price of Shares
         Sold During the
         Fiscal Year in Reliance Upon
         the 24f-2 Declaration (Based
         on aggregate sale price for
         all shares sold of $333,722,296 less
         aggregate sale price of shares
         registered pursuant to Rule 24e-2
         of $None)                                             $333,722,296

Reduced By

     (1) Aggregate Redemption Price
         of Shares Redeemed During
         the Fiscal Year and,                                  (328,556,827)

     (2) Aggregate Redemption
         Price of Redeemed Shares
         Previously Applied by
         Fund Pursuant to Rule
         24e-2 (a) Filings Made Pursuant
         to Section 24(e)(1) of Investment
         Company Act of 1940                                             $0
                                                                 ----------
         Net sales applicable for fee                            $5,165,469
         Computation of fee                                      X.00034483
                                                                 ----------
         Fee                                                      $1,781.21
                                                                 ----------
</TABLE>
<PAGE>   3
United States Securities and Exchange Commission
John Hancock Sovereign Investors Fund, Inc.
February 22, 1995
Page Three




Any questions regarding this matter should be addressed to James J. Stokowski,
Treasurer, John Hancock Advisers, Inc., 101 Huntington Avenue, 8th floor,
Boston, MA  02199-7603, (617) 375-1652.

                                    Very truly yours,



                                    Joan E. Arnold
                                    ----------------------
                                    Joan E. Arnold
                                    Administrative Officer
                                    Mutual Funds


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