1

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934.

                                                Commission File Number: 2-94289

                         PRESIDENTIAL MORTGAGE COMPANY
             (Exact name of Registrant as specified in its charter)

                            21031 Ventura Boulevard
                       Woodland Hills, California  91364
          (Address of Principal Executive Office, including zip code)

                                 (818) 992-8999
              (Registrant's telephone number, including area code)

                     Class C Limited Partnership Interests
                     Class D Limited Partnership Interests
            (Title of each class of securities covered by this form)


There are no other classes of securities for which a duty to file reports under
section 13(a) or 15(d) remains.

Appropriate rule provisions relied upon to terminate the duty to file reports:

                Rule 12g-4(a)(1)(i)
                Rule 12g-4(a)(1)(ii)

Approximate number of holders of record as of the certification or notice 
date: 0.

Pursuant to the requirements of the Securities Exchange Act of 1934,
Presidential Mortgage Company has caused this certification/notice to be signed
on its behalf by the undersigned duly authorized person.



Date: July 25, 1996              By: JOEL R. SCHULTZ
     ----------------------         -----------------------------------------
                                    Joel R. Schultz, President, Presidential
                                    Services Corporation, general partner,
                                    Presidential Management Company,
                                    general partner