<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> dec-31-1996 <PERIOD-START> jan-01-1996 <PERIOD-END> sep-30-1996 <EXCHANGE-RATE> 1 <CASH> 1,185,528 <SECURITIES> 0 <RECEIVABLES> 77,659 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,274,065 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,841,730 <CURRENT-LIABILITIES> 8,455 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,833,275 <TOTAL-LIABILITY-AND-EQUITY> 3,841,730 <SALES> 0 <TOTAL-REVENUES> 432,567 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 143,431 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 289,136 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 289,136 <EPS-PRIMARY> .15 <EPS-DILUTED> 0