September 14, 1995
Document Control
Securities and Exchange Commission
Judiciary Plaza
450 5th Street, N.W.
Washington, D. C. 20549
Re: Rule 24f-2 Notice for American High-Income Municipal Bond Fund, Inc.
File No. 33-80630
Gentlemen:
This Rule 24f-2 Notice is being filed for the period September 26, 1994 through
July 31, 1995 ("Fiscal Year").
11,473,306 shares were sold during the Fiscal Year at an aggregate sales price
of $164,149,880.
Shares registered pursuant to Rule 24f-2
Aggregate sales price for 11,473,306 shares
sold during Fiscal Year pursuant to Rule 24f-2 $164,149,880
Reduced by the difference between:
(1) Aggregate redemption price of 1,350,195 shares
redeemed during the Fiscal $19,856,585
and
(2) Aggregate redemption price of redeemed shares
previously applied by Fund pursuant to Rule
24e-2(a) in filings made pursuant to Section
24(e)(1) of Investment Company Act of 1940 None
Equals $144,293,295
Page 1 of 4
Securities and Exchange Commission
September 14, 1995
Page Two
Shares registered other than pursuant to Rule 24f-2
Shares of capital stock previously registered (Fund
operations began September 26, 1994) n/a
Shares of capital stock registered (other than
pursuant to Rule 24f-2) during the Fiscal Year none
TOTAL none
After computing the registration fee in accordance with subsection (c) of Rule
24f-2, we have wired the sum of $49,756.31 to Mellon Bank in payment of that
fee.
Attached to this Rule 24f-2 Notice, and made a part hereof, is an opinion of
counsel indicating that the securities, the registration of which this Notice
makes definite in number, were legally issued, fully paid, and nonassessable.
Any questions regarding this matter should be addressed to Julie F. Williams,
Secretary, at the above address.
Very truly yours,
Julie F. Williams
Secretary
Enclosures
2
September 6, 1995
American High-Income Municipal
Bond Fund, Inc.
333 South Hope Street
Los Angeles, CA 90071
Re: Issuance and Sale of 11,473,306
Shares of the American High-Income
Municipal Bond Fund, Inc.
Ladies and Gentlemen:
American High-Income Municipal Bond Fund, Inc. (the "Fund") has requested
our opinion in connection with the offer and sale by the Fund of 11,473,306
capital shares of the Fund (the "Stock") during the period September 26, 1994
through July 31, 1995 inclusive ("Fiscal 1995"). We understand that a copy of
this opinion will be provided to the Securities and Exchange Commission
pursuant to Rule 24f-2(b)(1) under the Investment Company Act of 1940, as
amended.
We have examined documents relating to the organization of the Fund and the
authorization and issuance of shares of the Fund. We have also examined a
certificate of the Treasurer of the Fund, dated August 22, 1995, relating to
the number of shares of the Fund sold by the Fund during Fiscal 1995.
Based upon and subject to the foregoing, we are of the opinion that:
The issuance and sale of the Stock by the Fund have been duly and validly
authorized by all appropriate corporate action and, assuming delivery thereof
and payment therefor was in accordance with the description set forth in the
Fund's current prospectuses under the Securities Act of 1933, the Stock has
been duly authorized and is validly issued, fully paid and nonassessable.
We consent to the submission of a copy of this opinion to the Securities and
Exchange Commission in connection with the filing of the Fund's Rule 24f-2
Notice for Fiscal 1994, as contemplated in Rule 24f-2(b)(1) under the
Investment Company Act of 1940, as amended.
The opinion given above is subject to the condition that the Fund shall have
complied with the provision of any applicable laws, regulations and permits of
any state or foreign country in which any of the Stock was sold.
Very truly yours,
MORRISON & FOERSTER
