<ARTICLE>                         5
<LEGEND>
This schedule contains summary financial information extracted from the
contained Annual Report for the Year Ended July 31, 2000 and is qualified in its
entirety by reference to such Annual Report.


<MULTIPLIER>                      1


                               
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                                 JUL-31-2000
<PERIOD-START>                                    AUG-01-1999
<PERIOD-END>                                      JUL-31-2000
<CASH>                                              1,529,082
<SECURITIES>                                           41,685
<RECEIVABLES>                                         215,872
<ALLOWANCES>                                                0
<INVENTORY>                                                 0
<CURRENT-ASSETS>                                    3,005,043
<PP&E>                                             53,111,870
<DEPRECIATION>                                     23,557,465
<TOTAL-ASSETS>                                     42,484,544
<CURRENT-LIABILITIES>                               1,986,262
<BONDS>                                                     0
<COMMON>                                            2,178,297
<PREFERRED-MANDATORY>                                       0
<PREFERRED>                                                 0
<OTHER-SE>                                         29,624,698
<TOTAL-LIABILITY-AND-EQUITY>                       42,484,544
<SALES>                                                     0
<TOTAL-REVENUES>                                   10,864,565
<CGS>                                                       0
<TOTAL-COSTS>                                               0
<OTHER-EXPENSES>                                    8,780,081
<LOSS-PROVISION>                                            0
<INTEREST-EXPENSE>                                    618,314
<INCOME-PRETAX>                                     1,762,938
<INCOME-TAX>                                          697,000
<INCOME-CONTINUING>                                 1,065,938
<DISCONTINUED>                                              0
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                        1,065,938
<EPS-BASIC>                                            0.50
<EPS-DILUTED>                                            0.50