<ARTICLE> 5 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-END> Mar-31-1997 <CASH> 2,489,801 <SECURITIES> 000 <RECEIVABLES> 000 <ALLOWANCES> 000 <INVENTORY> 000 <CURRENT-ASSETS> 13,933 <PP&E> 33,438,335 <DEPRECIATION> 9,951,123 <TOTAL-ASSETS> 25,990,946 <CURRENT-LIABILITIES> 972,454 <BONDS> 000 <COMMON> 000 <PREFERRED-MANDATORY> 000 <PREFERRED> 000 <OTHER-SE> 25,018,492 <TOTAL-LIABILITY-AND-EQUITY> 25,990,946 <SALES> 1,207,761 <TOTAL-REVENUES> 1,240,156 <CGS> 000 <TOTAL-COSTS> 636,206 <OTHER-EXPENSES> 254,542 <LOSS-PROVISION> 000 <INTEREST-EXPENSE> 000 <INCOME-PRETAX> 000 <INCOME-TAX> 000 <INCOME-CONTINUING> 000 <DISCONTINUED> 000 <EXTRAORDINARY> 000 <CHANGES> 000 <NET-INCOME> 349,408 <EPS-PRIMARY> 2.31 <EPS-DILUTED> 2.31