<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                         214,727
<SECURITIES>                                         0
<RECEIVABLES>                               45,233,601<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              45,448,328
<CURRENT-LIABILITIES>                        1,515,698
<BONDS>                                     41,897,991<F2>
<COMMON>                                        50,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   1,984,639
<TOTAL-LIABILITY-AND-EQUITY>                45,448,328
<SALES>                                              0
<TOTAL-REVENUES>                             3,286,126
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             2,998,614<F3>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                287,512
<INCOME-TAX>                                   100,629
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   186,883
<EPS-PRIMARY>                                     3.74
<EPS-DILUTED>                                        0
<FN>
<F1>Accounts Receivable                34,326
    Collateral Notes Receivable    45,199,275
<F2>Loans payable to affiliate     41,897,991
<F3>Interest on Loan Agreement      2,010,729
General and Administrative Exp.       987,885
</FN>