| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES - OP | 7,875 | 1,000 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FED HOME LN BANK - ACQ 4/4/17 | 400,000 | 395,448 |
| NORTH TEXAS BOND - 10/13/17 8.910% | 238,786 | 234,399 |
| VERNON CA BOND - ACQ 1/19/17 | 230,023 | 220,554 |
| LEE CO AL BOND - ACQ 7/21/15 5.25% | 134,561 | 123,770 |
| OCEANSIDE CA BOND - ACQ 8/14/15 3.5% | 160,002 | 163,570 |
| PEORIA IL BOND - ACQ 6/17/15 6.0% | 180,449 | 163,568 |
| COLORADO ST BLDG BOND - ACQ 7/16/15 | 295,636 | 268,920 |
| FOUNTAIN VY CA BOND - ACQ 8/24/15 3. | 249,547 | 257,610 |
| METROPOLITAN ST COLLEGE BOND - ACQ 7 | 167,341 | 154,416 |
| CORPUS CHRISTI TX BOND - ACQ 7/15/15 | 349,273 | 331,379 |
| BRIDGEPORT CT BOND - ACQ 6/18/15 6.5 | 117,037 | 105,776 |
| PORT ST LUCIE BOND - ACQ 6/12/15 7.1 | 165,976 | 158,154 |
| FLORIDA ST BRD GOV BOND - ACQ 6/15/1 | 343,884 | 305,400 |
| ST CHARLES CNTY MO BOND - ACQ 6/12/1 | 138,740 | 124,986 |
| WESTERN MUN WTR DIST BOND - ACQ 6/11 | 241,455 | 221,651 |
| OHIO ST WTR DEV BOND - ACQ 6/11/15 6 | 111,967 | 104,309 |
| MERCER CNTY NJ BOND - ACQ 6/19/15 6. | 247,423 | 221,797 |
| NEW YORK ST MUN BOND - ACQ 6/19/15 6 | 196,379 | 191,987 |
| CHESAPEAKE VA WTR BOND - ACQ 6/19/15 | 228,556 | 208,836 |
| CONNELLSVILLE PA BOND - ACQ 6/17/15 | 166,478 | 153,146 |
| FEDERAL HOME LOAN BANKS BOND - ACQ 5 | 274,104 | 263,399 |
| COCOA FL WTR & SWR BOND - ACQ 6/20/1 | 121,362 | 108,436 |
| NORTHERN IL UNIV BOND - ACQ 6/21/16 | 383,795 | 369,779 |
| CLARK CNTY NV BOND - ACQ 11/18/16 6. | 175,986 | 161,891 |
| NEW YORK BUILD AMERICA BOND - ACQ 11 | 127,055 | 123,588 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CISCO SYSTEMS 1,500 SH - ACQ 4/20/17 | 48,720 | 64,995 |
| PROCTER & GAMBLE 400 SH - ACQ 3/1/17 | 33,648 | 36,768 |
| ROYAL BANK CANADA 700 SH - ACQ 4/17 | 49,938 | 47,964 |
| OGDEN TELEPHONE CO 600 SHARES (D) - | 180,000 | 2,318,630 |
| CAPITAL WORLD GR & IN FD 6,726 | 286,229 | 287,562 |
| AMERICAN FD EURO FND 6,353 SH | 276,370 | 285,312 |
| T ROWE PRICE OVER FD 29,795 SH | 252,948 | 277,097 |
| THORNBURG INV INC BUILDER FND 13,326 | 250,000 | 267,191 |
| PUTNAM SHORT DUR FND 15,497 SH | 155,900 | 155,434 |
| ALLIANT ENERGY 4,380 SH - ACQ 6/17/1 | 254,609 | 370,110 |
| ALTRIA GROUP 1,000 SH - ACQ 4/25/16 | 61,514 | 49,390 |
| AT&T INC 2,000 SH - ACQ 8/24/15 | 64,417 | 57,080 |
| AT&T INC 500 SH - ACQ 4/22/16 | 19,372 | 14,270 |
| BB&T CP 1,000 SH - ACQ 8/25/15 | 36,087 | 43,320 |
| BLACKROCK INC 400 SH - ACQ 8/13/15 | 134,672 | 157,128 |
| BOEING 750 SH - ACQ 5/16/16 | 100,479 | 241,875 |
| CARDINAL HEALTH INC 1,000 SH - ACQ 1 | 78,788 | 44,600 |
| CHEVRON CORP 500 SH - ACQ 6/17/15 | 48,045 | 54,395 |
| CONOCOPHILLIPS 3,000 SH - ACQ VARIOU | 163,006 | 187,050 |
| CONSTELLATION BRANDS INC 200 SH - AC | 28,790 | 32,164 |
| EXELON CORP 3,000 SH - ACQ 7/1/16 | 104,035 | 135,300 |
| EXXONMOBILE 275 SH - ACQ 6/17/15 | 22,652 | 18,752 |
| GENUINE PARTS CO 1,000 SH - ACQ 8/3/ | 88,774 | 96,020 |
| HOME DEPOT 500 SH - ACQ 6/17/15 | 56,035 | 85,910 |
| HOME DEPOT 200 SH - ACQ 3/9/16 | 25,282 | 34,364 |
| JOHNSON & JOHNSON 850 SH - ACQ VARIO | 63,251 | 109,693 |
| JP MORGAN CHASE 650 SH - ACQ 6/17/15 | 44,246 | 63,453 |
| JP MORGAN CHASE 900 SH - ACQ 8/11/16 | 59,455 | 87,858 |
| KINDER MO 4,000 SH ACQ 7/28/15 | 108,714 | 61,520 |
| PFIZER 2,000 SH - ACQ 4/22/16 | 65,703 | 87,300 |
| PROCTER & GAMBLE 100 SH - ACQ 6/17/1 | 7,972 | 9,192 |
| SCHLUMBERGER LTD 350 SH - ACQ 6/17/1 | 29,505 | 12,628 |
| TRAVELERS COS INC 375 SH - ACQ 6/17/ | 37,103 | 44,906 |
| UNITED TECH CORP 250 SH - ACQ 6/17/1 | 27,340 | 26,620 |
| VERIZON COMM INC 450 SH - ACQ 6/17/1 | 21,168 | 25,299 |
| WELLS FARGO & CO 1,350 SH - ACQ 6/17 | 76,194 | 62,208 |
| WEYERHAEUSER CO 2,800 SH - ACQ 9/26/ | 84,116 | 61,208 |
| WILLIAMS SONOMA 1,000 SH - ACQ 5/31/ | 52,224 | 50,450 |
| 3M CO 250 SH - ACQ 6/17/15 | 38,770 | 47,635 |
| ISHARES TR CORE S&P 500 1,675 SH - A | 349,807 | 421,447 |
| ISHARES TR RUSSELL MIDCAP 980 SH - A | 167,737 | 182,202 |
| ISHARES TR RUSSELL 2000 920 SH - ACQ | 115,212 | 123,188 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GAS RIGHTS | AT COST | 13,060 | 13,060 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - OP | 240 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ROYALTY EXPENSE - INV | 327 | 327 | ||
| OFFICE EXPENSE - OP | 56 | |||
| INVESTMENT FEES - INV | 26,901 | 26,901 | ||
| BANK FEES - OP | 30 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL ROYALTIES | 1,406 | 1,406 | 1,406 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES: CO - INV | 39 | 39 | ||
| TAXES: FOREIGN - INV | 3,499 | 3,499 |