| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BENOIT AND MCARDLE PC | 2,350 | 2,350 | 2,350 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT & T DUE 11/15/11 | 104,583 | 104,583 |
| GENERAL ELECTRIC DUE 11/21/11 | 103,244 | 103,244 |
| BERKSHIRE HATHAWAY DUE 4/15/12 | 103,999 | 103,999 |
| DUPONT EI NEMOUR DUE 11/15/12 | 117,237 | 117,237 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ANALOG DEVICES | 226,019 | 226,019 |
| JOHNSON AND JOHNSON | 179,365 | 179,365 |
| MEDTRONIC | ||
| MERCK | 79,288 | 79,288 |
| MICROSOFT | 111,640 | 111,640 |
| FISERV | 184,464 | 184,464 |
| PROCTER AND GAMBLE | 180,124 | 180,124 |
| STATE STREET | ||
| DOVER | 233,800 | 233,800 |
| GENERAL ELECTRIC | 128,030 | 128,030 |
| PEPSICO | 111,061 | 111,061 |
| ENCANA | 209,664 | 209,664 |
| PLUM CREEK TIMBER | 56,175 | 56,175 |
| ADP | 101,816 | 101,816 |
| CHURCH AND DWIGHT | 207,060 | 207,060 |
| TRANSCANADA | 133,140 | 133,140 |
| NOVARTIS | 132,637 | 132,637 |
| EXXON MOBIL | 182,800 | 182,800 |
| ADOBE SYSTEMS | 76,950 | 76,950 |
| GLACIER BANCORP | ||
| SYSCO | ||
| JOHN WILEY CLASS A | 113,100 | 113,100 |
| CHEVRON TEXACO | 182,500 | 182,500 |
| ILLINOIS TOOLWORKS | 106,800 | 106,800 |
| OCCIDENTAL PETE | 122,625 | 122,625 |
| EXPEDITORS INTERNATIONAL | 163,800 | 163,800 |
| WATERS CORPORATION | 194,274 | 194,274 |
| FORTUNE BRANDS | ||
| JG BOSWELL | 150,000 | 150,000 |
| REALTY INCOME CORP | 102,600 | 102,600 |
| KEWEENAU LAND ASSN LTD | 55,650 | 55,650 |
| STRYKER CORP | 107,400 | 107,400 |
| ALTRIA CORP | 184,650 | 184,650 |
| CME GROUP | 144,787 | 144,787 |
| FIRST POTOMAC REALTY | 84,100 | 84,100 |
| GOLDMAN SACHS | 96,600 | 96,600 |
| JP MORGAN CHASE | 101,240 | 101,240 |
| PHILIP MORRIS INTERNATIONAL | 190,222 | 190,222 |
| USB CAPITAL VII | 99,440 | 99,440 |
| CENOVUS ENERGY | 239,328 | 239,328 |
| IMPERIAL OIL | 121,560 | 121,560 |
| POTASH CORP OF SASKATCHEWAN | ||
| CISCO SYSTEMS | 50,575 | 50,575 |
| EMC | 68,700 | 68,700 |
| NESTLE S A ADR | 88,230 | 88,230 |
| PRIVATE BANCORP | 52,940 | 52,940 |
| NORTHERN OIL AND GAS | 10,884 | 10,884 |
| ROYAL DUTCH SHELL | 100,005 | 100,005 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS AND LOSSES | 626,387 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT AND ADVISORY FEES | 29,337 | 29,337 | 29,337 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 466 | 0 | 0 | 0 |
| COMMONWEALTH OF MASSACHUSETTS | 250 | 0 | 0 | 250 |
| FOREIGN TAX | 4,261 | 4,261 | 0 | 0 |