<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <CASH> 78,024 <SECURITIES> 2,110,219 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 79,817 <PP&E> 28,977,010 <DEPRECIATION> 9,636,549 <TOTAL-ASSETS> 21,560,746 <CURRENT-LIABILITIES> 593,158 <BONDS> 0 <COMMON> 418,616 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 14,076,217 <TOTAL-LIABILITY-AND-EQUITY> 21,560,746 <SALES> 0 <TOTAL-REVENUES> 2,913,733 <CGS> 0 <TOTAL-COSTS> 1,397,186 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 417,553 <INCOME-PRETAX> 1,516,547 <INCOME-TAX> 555,100 <INCOME-CONTINUING> 961,447 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 961,447 <EPS-PRIMARY> 2.28 <EPS-DILUTED> 2.28