| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REX BESSENT, CPA PREPAIR 990PF TAX RETURN | 750 | |||
| REX BESSENT, CPA POSTING JAN., 2008 FINANCIAL STMTS | 1,550 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ASTRAZENECA PLC NOTES | 38,774 | 46,321 |
| BEAR STEARNS COS INCOMENT | 50,000 | 51,193 |
| CREDIT SUISSE 1ST BOSTON | 20,751 | 21,130 |
| DUKE ENERGY CORP 1ST MORTGAGE | 24,217 | 28,013 |
| DUKE ENERGY CORP SR NOTES | 20,777 | 22,277 |
| G E CAPITAL CORP INTERNOTES | 50,000 | 52,055 |
| GMAC SMARTNOTES | 100,000 | 85,738 |
| HOME DEPOT INC SENIOR NOTES | 10,601 | 16,463 |
| JPMORGAN CHASE & CO SR NOTES | 19,733 | 21,413 |
| KRAFT FOOD INC NOTES | 21,119 | 21,901 |
| LOWES COS INC NOTES | 75,815 | 85,286 |
| VIRGINIA ELECTRIC & POWER CO SR NOTES | 22,722 | 28,115 |
| WELLS FARGO & CO SUB NOTES | 18,633 | 24,420 |
| CITIGROUP COMMON | 723 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1036 SH FIDELTY PURITAN INV MUTUAL FUND | 19,711 | 18,551 |
| 4490 SH VANGUARD S/T FED | 48,247 | 48,312 |
| 2459 SH VANGUARD L/T INVESTMENT GRADE | 22,275 | 22,967 |
| 1965 SH VANGUARD L/T TAX EXEMPT | 21,892 | 20,986 |
| 1357.964 SH VANGUARD/WELLESLEY INCOME FUND ADMIRAL | 72,397 | 71,375 |
| 16,209 SH LORD ABBETT SHORT DURATION | 75,000 | 75,489 |
| 866 SH VODAFONE GROUP PLC ADR | 25,012 | 22,897 |
| 703 SH REALTY INCOME CORP | 25,000 | 24,043 |
| 514 SH AUTOMATIC DATA PROC. | 19,794 | 23,788 |
| 754 SH VERIZON COMMUNICATIONS | 23,356 | 26,835 |
| 769 SH SYSCO CORP | 19,798 | 22,609 |
| 351 SH ROYAL DUTCH SHELL | 19,760 | 23,440 |
| 759 SH A T & T | 19,713 | 22,299 |
| 332 SH KIMBERLY CLARK | 19,791 | 20,929 |
| 323 SH JOHNSON & JOHNSON | 19,735 | 19,978 |
| 430 SH KINDER MORGAN PTR | 24,509 | 30,212 |
| 180 SH FRONTIER COMM CORP | 1,574 | 1,751 |
| 1415 SH PFIZER INC | 24,999 | 24,777 |
| 1330 SH DUKE ENERGY CORP | 25,001 | 23,687 |
| 909 SH NSTAR | 32,991 | 38,351 |
| 614 SH CONOCOPHILLIPS | 32,983 | 41,813 |
| 550 SH BP PLC | 32,978 | 24,294 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NOTE RECEIVABLE - HUSBAND | 3,817 | 3,817 | |
| NOTE RECEIVABLE - FRITZ SPECK | 25,738 | 25,738 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| 0.0625 OVERIDING ROYALTY INT IN 160 AC | 1,110 | 1,110 | 1,110 |
| 0.0625 OVERIDING ROYALTY INT IN 80 AC | 530 | 530 | 530 |
| 0.046875 OVERIDING ROYALTY INT IN 40 AC | 200 | 200 | 200 |
| 1/8-142 ACRES MINERAL INTEREST | 250 | 250 | 250 |
| DIVIDENDS RECEIVABLE | 1,056 | ||
| EXCISE TAX ESTIMATES | 2,027 | 1,527 | 1,527 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 1,191 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN(LOSS) ON SECURITIES | 3,221 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| JUDY SNOW CLERICAL | 2,200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ROYALTY PROPERTY TAXES | 105 | 105 | ||
| FOREIGN TAXES | 177 | 177 | ||
| MISC | 46 | 46 | ||
| BANK CHARGES | 20 | 20 | ||
| INSURANCE EXP | 1,350 | 1,350 | ||
| POSTAGE & OFFICE SUPPLY | 90 | 90 |