John,

It should be

create class Banner of V:\Libs\CT as olecontrol

and than pick ActiveX from the list.

>Perhaps, I spoke too soon. I have tried a dozen variations of the following with a variety of syntax errors. What an I doing wrong?
>
>create classlib V:\Libs\CT
>create class Banner of V:\Libs\CT as "V:\Dbi\Component ToolBox 6.0 Demo\Components\ctBanner.ocx"