SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* First Hudson Trust of New York (Last) (First) (Middle) 4100 WEST FLAMINGO ROAD SUITE 2750 (Street) LAS VEGAS NV 89103-3949 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 06/20/2015	3. Issuer Name and Ticker or Trading Symbol National Properties Trust [ ENTI ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Preferred Stock(1)	25,000,000(2)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The corporation's Series A Preferred Stock is the control stock.

2. On or about April 22, 2015, Electronic Merchant Systems Rochester, Inc. ("EMSR") and First Hudson Trust of New York ("First Trust") entered into a stock purchase agreement; whereby, an unrelated third party acquired 50,000,000 shares of the Series A Preferred Stock of the issuer. The aforementioned number of shares represented the control stock of the issuer, and each of EMSR and First Trust held 25,000,000 shares. The purchaser was notified of its default under that certain stock purchase agreement, and, consequently, the control shares reverted to EMSR and First Trust on June 20, 2015.

Remarks:

(Kindly refer to certain definitions of the parties' names in footnote second hereof.) As the result of the reversion of the control shares to First Trust and EMSR, Randolph S. Hudson, First Trust's Managing Administrative Trustee, once again became the issuer's Chairman, President, and Chief Executive Officer, and Michael P. Grande, the President of EMSR, once again became the issuer's Vice-Chairman.

	Randolph S. Hudson, Administrative Trustee	03/08/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.