AMTRUST CAPITAL CORP
15-12G, 1999-05-13
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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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  0-25484

                            AmTrust Capital Corp.
- ------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


      20 West Fifth Street, Peru, Indiana 46970 (765) 472-1991
- ------------------------------------------------------------------------------
 (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)


                                     None
- ------------------------------------------------------------------------------
 (Titles of all other classes of securities for which a duty to file reports
                    under section 13(a) or 15(d) remains)

     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:  159
      --------


  Pursuant to the requirements of the Securities Exchange Act of 1934,
AmTrust
Capital Corp. has caused this certification/notice to be signed on its behalf
by the undersigned duly authorized person.


Date: May 13, 1999                      By:    /s/ Bruce M. Borst
     -------------------                      -------------------------

Instruction:  This  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 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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