EXHIBIT 31

                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
    AS ADOPTED PURSUANT TO SECTION 302(a) OF THE SARBANES-OXLEY ACT OF 2002

I, Lester J. Mantell, a Trustee and the functional equivalent of the Chief
Executive Officer and Chief Financial Officer of the City Investing Company
Liquidating Trust, certify that:

    1. I have reviewed this annual report on Form 10-K of the City Investing
Company Liquidating Trust;

    2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

    3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

    4. I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the registrant and I have:

        a) Designed such disclosure controls and procedures, or caused such
    disclosure controls and procedures to be designed under my supervision, to
    ensure that material information relating to the registrant is made known to
    me by others within the registrant, particularly during the period in which
    this annual report is being prepared;

        b) Designed such internal control over financial reporting, or caused
    such internal control over financial reporting to be designed under my
    supervision, to provide reasonable assurance regarding the reliability of
    financial reporting and the preparation of financial statements for external
    purposes in accordance with generally accepted accounting principles;

        c) Evaluated the effectiveness of the registrant's disclosure controls
    and procedures and presented in this annual report my conclusions about the
    effectiveness of the disclosure controls and procedures, as of the end of
    the period covered by this annual report based on such evaluation; and

        d) Disclosed in this annual report any change in the registrant's
    internal control over financial reporting that occurred during the
    registrant's fourth fiscal quarter that has materially affected, or is
    reasonably likely to materially affect, the registrant's internal control
    over financial reporting; and

    5. I have disclosed, based on my most recent evaluation of internal control
over financial reporting, to the registrant's auditors and the Audit Committee
of registrant's Trustees:

        a) all significant deficiencies and material weaknesses in the design or
    operation of internal control over financial reporting which are reasonably
    likely to adversely affect the registrant's ability to record, process,
    summarize and report financial information; and

        b) any fraud, whether or not material, that involves management or other
    employees who have a significant role in the registrant's internal control
    over financial reporting.

    A signed original of this written statement required by Section 906, or
other document authenticating, acknowledging or otherwise adopting the signature
that appears in typed form within the electronic version of this written
statement required by Section 906, has been provided to the Trust and will be
retained by the Trust and furnished to the Securities and Exchange Commission or
its staff upon request.

Dated: March 15, 2006                         By: /s/ Lester J. Mantell, Trustee