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| Form 3 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Thompson Myron
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(Last) (First) (Middle)
6820 18th Avenue, NW
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(Street)
Minot ND 58701
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) 03/20/98
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3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-####
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4. Issuer Name and Ticker or Trading Symbol NDHI
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5. Relationship of Reporting Person to Issuer (Check all applicable)
[X] Director [ ] Officer [ ] 10% Owner [ ] Other
(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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TABLE I-NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
ND Holdings Common Stock 130,500 shares D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
TABLE II-DERIVATIVE SECURITIES BENEFICALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature
Security (Instr. 4) cisable and Underlying Derivative Security or Form of of
Expiration (Instr.4) Exercise Derivative Indirect
Date Price Security: Beneficial
(Month/Day/ of Direct (D) Ownership
Year) Derivative or In- (Instr. 5)
------------------------------------------------ Security direct (I)
Date Expira Amount or (Instr. 5)
Exer- tion Title Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
Note: File three copies of this form, one of which must be manually signed
If space provided is insufficient, See instruction 6 for procedure.
/s/ Myron Thompson 03/30/98
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** Signature of Reporting Person Date
By:
For:
