UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-K
 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended DECEMBER 31, 2009
 Commission file number 2-22997
 MILLS MUSIC TRUST
  New York
    
    13-6183792(State or other jurisdiction of
    
    (I.R.S. Employerincorporation or organization)
    
    Identification No.)
 c/o HSBC BANK USA, N.A., Corporate Trust, Issuer Services452 Fifth Avenue, New York, NY
    
    10018(Address of principal executive offices)
    
    (Zip code)Registrants telephone number, including area code: 212- 525-1349
  Title of each class
    
    Name of each exchange on which registeredTrust Units
    
    OTC Bulletin Board Market
  o þ
  o þ
  þ o
 þ
  Large accelerated filer o
    
    Accelerated filer o
    
    Non accelerated filer o
    
    Smaller reporting company þ(Do not check if a smaller reporting company)
  o þ




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TABLE OF CONTENTS  PART IITEM 1. BUSINESSITEM 2. PROPERTIESITEM 3. LEGAL PROCEEDINGSITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERSPART IIITEM 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIESITEM 6. SELECTED FINANCIAL DATAITEM 7. MANAGEMENTS DISCUSSION AND ANALYSIS OF THE TRUSTS RECEIPTSITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKITEM 8. AUDITORS REPORT AND FINANCIAL STATEMENTSITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSUREITEM 9A. CONTROLS AND PROCEDURESITEM 9B. OTHER INFORMATIONPART IIIITEM 10. DIRECTORS OF THE REGISTRANTITEM 11. EXECUTIVE COMPENSATIONITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENTITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONSITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICESPART IVITEM 15. EXHIBITS, FINANCIAL STATEMENTS SCHEDULES, AND REPORTS ON FORM 8-KSIGNATURES 
 
  
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ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
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Cash
    
    CashYear Ended
    
    Receipts From
    
    Distributions
    
    DistributionDecember 31,
    
    EMI
    
    to Unit Holders
    
    Per Unit*2009
    
    $
    1,039,162
    
    
    $
    963,437
    
    
    $
    3.472008
    
    $
    999,365
    
    
    $
    806,804
    
    
    $
    2.912007
    
    $
    1,145,529
    
    
    $
    974,962
    
    
    $
    3.512006
    
    $
    1,309,450
    
    
    $
    1,243,594
    
    
    $
    4.482005
    
    $
    1,358,540
    
    
    $
    1,269,573
    
    
    $
    4.57
 
 *
    
    Based on the 277,712 Trust Units outstanding 
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Cornick
Garber Sandler







Report of Independent Registered Public Accounting Firm


The Trustees and Unit Owners  Mills Music Trust










/s/ Cornick, Garber & Sandler, LLP

CORNICK, GARBER & SANDLER, LLP


New York, New York  March 29, 2010


Cornick, Garber & Sandler, LLP


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2009
    
    
    2008Receipts from EMI
    
    $
    1,039,162
    
    
    $
    999,365Undistributed Cash at Beginning
of Year
    
    
    88
    
    
    
    4,422Disbursements 
Administrative Expenses
    
    
    (  71,356
    )
    
    
    (  196,895
    )Balance Available for
Distribution
    
    
    967,894
    
    
    
    806,892Cash Distributions to Unit
Holders
    
    
    963,437
    
    
    
    (806,804
    )Undistributed Cash at
End of the year
    
    $
    4,457
    
    
    $
    88Cash Distributions Per Unit
based on the 277,712
Trust Units Outstanding
    
    $
    3.47
    
    
    $
    2.91
    *
    
    In December 2007 and December 2009, $4,375 of Trustee and transfer agent fees, that were scheduled
to be paid, went unpaid. These disbursements were made in February 2008 and January 2010
respectively. -8-




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Trustees
    
    2009
    
    
    2008HSBC Bank USA
National Association:Trustee fees
    
    $
    1,875
    
    
    $
    3,125
    *Transfer agent
and registrar fees
    
    
    11,250
    
    
    
    18,750
    *Expenses
    
    
    
    
    
    
    350
    *
 
 *
    
    In December 2007 and December 2009 $4,375 of Trustee and transfer agent fees, scheduled to be paid
were not. These disbursements were made in February 2008 and January 2010, respectively.      -10-




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.
 
   
  Managements Annual Report on Disclosure Controls and Procedures
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Managements Annual Report on Internal Control over Financial Reporting.
    
 Changes in Internal Control Over Financial Reporting.
  
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PercentName and Address of
    
    Number of
    
    of UnitsBeneficial Owner
    
    Units Owned
    
    OutstandingMPL Communications, Ltd. 

41 West 54th Street 

New York, New York 10019
    
    79,609 Units
    
    
    28.67
    %Cede & Co. 

PO Box 20

Bowling Green St.
NY, NY 10004
    
    157,574 Units
    
    
    56.74
    %
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Page1. FINANCIAL STATEMENTSIndependent Auditors Reports
    
    
    7Statement of cash receipts and disbursements -
years ended December 31, 2009 and 2008
    
    
    8Notes to statement of cash receipts and disbursements
    
    
    9-112. FINANCIAL STATEMENT SCHEDULES
    
    
    None3. EXHIBITS
    
    
    None
 4.1
    
    Declaration of Trust dated as of December 31, 1964 (1)4.2
    
    Asset purchase agreement dated December 5, 1964 (1)31.1
    
    Certification of chief financial individual providing accounting services
(filed herewith)31.2
    
    Certification of trust officer for the corporate trustee (filed herewith)32.1
    
    Certification of chief financial individual providing accounting services
pursuant to 18 U.S.C. § 1350 (furnished herewith)**32.2
    
    Certification of trust officer for the corporate trustee pursuant
to 18 U.S.C. § 1350 (furnished herewith)**
 
 (1)
    
    Incorporated by reference to the Trusts Annual Report
on Form 10K for the fiscal year ended December 31, 2005 (File No. 2-22997).**
    
    The information furnished in Exhibits 32.1 and 32.2 shall not be deemed filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general
incorporation language in such filing. -16-




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SIGNATURES
  March 29 , 2010
    Mills Music TrustBy:
    S/S Frank Godino -17-