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Valley of Lakes RICO Class Action against PNCBANK, et al.
ripped edge: exhibits
Ingersoll and Block Letterhead

				July 14, 1992

VIA FEDERAL EXPRESS

Mr. Robert J. Carter
Acting Chief
Bureau of Subdivided Land Sales Control
New Jersey Real Estate Commission
Department of Insurance, CN-328
Trenton, NJ 08625-0328

	RE:	Valley of the Lakes and Eagle Rock Resort
		Registration Number: 87/8-252/1
		Application for Termination

Dear Mr. Carter:

Pursuant to the New Jersey Real Estate Sales Full Disclosure Act 
(N.J.S.A. 45:15-16.27 et seq and N.J.A.C. 11:5-6.1 et seq), please 
find enclosed an Affidavit for Termination of Registration of The 
Valley of the Lakes and Eagle Rock Resort, located near Hazleton, 
Pennsylvania.

	As noted in the affidavit, the developer of said resort is 
currently subject to proceedings of Chapter 11 bankruptcy.  Thank 
you for your consideration of this application.

				Sincerely,

				INGERSOLL & BLOCH, CHARTERED
				/s/
				Robert M. Chasnow, Esq.


RMC:hgrn

Enclosure:	Affidavit for Termination of Registration with 
		Attachment as stated in Affidavit



Valley of Lakes RICO Class Action against PNCBANK, et al.

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