Exhibit 31.2

I, Craig R. Bald, certify that:

|1. | I
have reviewed this annual report on Form 10-KSB of The Middleton Doll Company;
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|2. | Based
on my knowledge, this 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 report;
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|3. | Based
on my knowledge, the financial statements, and other financial information
                    included in this report, fairly present in all material respects the
financial                     condition, results of operations and cash flows of the
small business issuer as                     of, and for, the periods presented in this
report;
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|4. | The
small business issuers other certifying officer(s) and I are
                    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 small business issuer and
have:
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| | (a)    
            Designed such disclosure controls and procedures, or caused such disclosure
          controls and procedures to be designed under our supervision, to ensure that
          material information relating to the small business issuer, including its
          consolidated subsidiaries, is made known to us by others within those entities,
          particularly during the period in which this report is being prepared;
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| | (b)    
            Designed such internal control over financial reporting, or caused such
          internal control over financial reporting to be designed under our 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;
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| | (c)    
            Evaluated the effectiveness of the small business issuers disclosure
          controls and procedures and presented in this report our conclusions about the
          effectiveness of the disclosure controls and procedures, as of the end of the
          period covered by this report based on such evaluation; and
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| | (d)    
            Disclosed in this report any change in the small business issuers
          internal control over financial reporting that occurred during the small
          business issuers most recent fiscal quarter that has materially affected,
          or is reasonably likely to materially affect, the small business issuers
          internal control over financial reporting; and
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|5. | The
small business issuers other certifying officer(s) and I have
                    disclosed, based on our most recent evaluation of internal control
over                     financial reporting, to the small business issuers
auditors and the audit                     committee of small business issuers
board of directors (or persons                     performing the equivalent function):
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| | (a)                All
significant deficiencies and material weakness in the design or operation           of
internal control over financial reporting which are reasonably likely to
          adversely affect the small business issuers ability to record, process,
          summarize and report financial information; and
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| | (b)    
            Any fraud, whether or not material, that involves management or other
employees           who have a significant role in the small business issuers
internal control           over financial reporting.
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|Date:  March 31, 2008 | /s/ Craig R. Bald         
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|                      | Craig R. Bald             
|                      | Vice President Finance and
|                      | Chief Financial Officer