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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-K/A
 Amendment No. 1
 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended DECEMBER 31, 2010
Commission file number 000-02123
 MILLS MUSIC TRUST
  New York
(State or other jurisdiction of 
incorporation or organization)
    
    13-6183792
(I.R.S. Employer
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)
 212- 525-1349
  Title of each class
    
    Name of each exchange on which registeredTrust Units
    
    OTC Bulletin Board Market
  o þ
  o þ
  o þ
  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 1A. RISK FACTORSITEM 1B. UNRESOLVED STAFF COMMENTSITEM 2. PROPERTIESITEM 3. LEGAL PROCEEDINGSITEM 4. REMOVED AND RESERVEDPART 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. REPORT OF INDEPENDENT REGISTERED ACCOUNTING FIRMITEM 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 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERSITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONSITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICESPART IVITEM 15. EXHIBITS, FINANCIAL STATEMENTS SCHEDULES, AND REPORTS ON FORM 8-KSIGNATURESEX-31.1EX-31.2EX-32.1EX-32.2    Table of Contents  
 
    
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Market Information
   Calendar Period
    
    High
    
    Low$
    
    $2009First Quarter
    
    
    22.00
    
    
    
    20.75Second Quarter
    
    
    21.00
    
    
    
    20.50Third Quarter
    
    
    28.50
    
    
    
    21.00Fourth Quarter
    
    
    30.00
    
    
    
    28.002010First Quarter
    
    
    40.00
    
    
    
    29.50Second Quarter
    
    
    42.00
    
    
    
    36.00Third Quarter
    
    
    37.00
    
    
    
    35.53Fourth Quarter
    
    
    40.00
    
    
    
    36.50
 Holders
  Dividends
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Cash
    
    CashYear Ended
    
    Receipts From
    
    Distributions
    
    DistributionDecember 31,
    
    EMI
    
    to Unit Holders
    
    Per Unit*2010
    
    $
    1,013,161
    
    
    $
    890,928
    
    
    $
    3.212009
    
    $
    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
    
    
    $
    4.48
 
 *
    
    Based on the 277,712 Trust Units outstanding 
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Report of Independent Registered Public Accounting Firm
 The Trustees and Unit Owners
Mills Music Trust
     /s/ CORNICK, GARBER & SANDLER, LLPCORNICK, GARBER & SANDLER, LLP New York, New York
April 14, 2011
 Cornick, Garber & Sandler, LLP825 Third Avenue, New York, NY 10022-9524    T 212.557.3900    F 212.557.393650 Charles Lindbergh Blvd., Uniondale, NY 11553-3600    T 516.542.9030    F 516.542.9035
    
    cgscpa.com
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2010
    
    
    2009Receipts from EMI
    
    $
    1,013,161
    
    
    $
    1,039,162Undistributed Cash at Beginning of Year
    
    
    4,457
    
    
    
    88Disbursements  Administrative Expenses
    
    
    (126,623
    )*
    
    
    (71,356
    )Balance Available for Distribution
    
    
    890,995
    
    
    
    967,894Cash Distributions to Unit Holders
    
    
    890,928
    
    
    
    963,437Undistributed Cash at End of the year
    
    $
    67
    
    
    $
    4,457Cash Distributions Per Unit based on the
277,712 Trust Units Outstanding
    
    $
    3.21
    
    
    $
    3.47
   
 *
    
    In December 2009, $4,375 of Corporate Trustee and transfer agent fees, that were scheduled to be
paid, went unpaid. These disbursements were made in January 2010. -9-




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Trustees
    
    2010
    
    2009HSBC Bank USA
National Association:Corporate Trustee fees
    
    $
    3,125
    *
    
    $
    1,875Transfer agent
and registrar fees
Expenses
    
    
    18,750
    *
    
    
    11,250
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ITEM 9.
    
    CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
 
 ITEM 9A.
    
    CONTROLS AND PROCEDURESManagements 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 StreetNew York, New York 10019
    
    79,609 Units
    
    
    28.67
    %Cede & Co.
PO Box 20
Bowling Green St.
NY, NY 10004
    
    160,070 Units
    
    
    57.64
    %
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Page1. FINANCIAL STATEMENTSReport of Independent Registered Accounting Firm
    
    
    8Statement of cash receipts and disbursements 
years ended December 31, 2010 and 2009
    
    
    9Notes to statement of cash receipts and disbursements
    
    
    10-122. 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. -17-




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SIGNATURES
  MILLS MUSIC TRUST 
(Registrant)Date: May 13, 2011
    
    /s/ Frank GodinoHSBC Bank USA, NA
Corporate Trustee -18-