| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 15,000 | 3,300 | 11,700 | |
| BOOKKEEPING FEE | 300 | 66 | 234 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERCK & COMPANY INC. | 25,000 | 31,055 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC | 7,045 | 139,295 |
| ABERMARLE | 55,775 | 110,640 |
| AFLAC INC | 12,521 | 289,055 |
| AMERICAN EXPRESS | 8,899 | 120,910 |
| APPLE INC | 131,025 | 477,684 |
| AT&T INC | 40,252 | 143,800 |
| ATMOS ENERGY CORP | 41,028 | 95,430 |
| AUTOMATIC DATA PROCESSING | 19,731 | 88,100 |
| BERKSHIRE HATHWAY INC | 73,368 | 231,870 |
| BLACKROCK | 110,547 | 133,485 |
| BOEING COMPANY | 81,859 | 128,436 |
| CHEVRON TEXACO CORP | 20,017 | 109,785 |
| CHUBB LTD | 126,411 | 153,920 |
| CIGNA CORP | 7,444 | 208,180 |
| CISCO SYSTEMS | 110,841 | 223,750 |
| COCA COLA CO | 48,849 | 235,812 |
| COLGATE PALMOLIVE CO | 59,687 | 171,020 |
| COMCAST CORP | 27,709 | 104,800 |
| CONSOIDATED EDISON | 118,886 | 144,540 |
| COSTCO WHOLESALE | 50,544 | 188,390 |
| CVS HEALTH | 153,207 | 157,090 |
| WALT DISNEY CO | 72,134 | 126,826 |
| DOLLAR GENERAL CORP | 88,806 | 147,210 |
| DOLLAR TREE INC | 23,010 | 21,608 |
| DUKE ENERGY CORP | 167,368 | 178,542 |
| EDISON INTERNATIONAL | 76,526 | 125,640 |
| ELBIT SYSTEMS | 110,540 | 170,040 |
| EXELON CORP | 111,748 | 126,660 |
| EXXON MOBIL | 88,716 | 82,440 |
| GENERAL MILLS | 15,388 | 117,600 |
| HAWAIIAN ELECTRIC | 53,931 | 123,865 |
| ILLUMINA CORP | 32,932 | 74,000 |
| INTEL CORP | 87,222 | 199,280 |
| INTERNATIONAL BUSINESS MACHINES | 129,708 | 125,880 |
| JP MORGAN CHASE | 81,275 | 165,191 |
| JOHNSON & JOHNSON | 25,372 | 314,760 |
| KELLOGG COMPANY | 54,660 | 112,014 |
| KIMBERLY CLARK CORP | 36,341 | 148,313 |
| KONNKLUKE PHILIPS ELEC | 8,625 | 110,507 |
| MICROSOFT | 117,429 | 177,936 |
| LOCKHEED MARTIN | 115,763 | 159,741 |
| MANULIFE FINANCIAL | 142,745 | 142,560 |
| MCDONALDS CORP | 128,584 | 128,748 |
| MERCK | 129,565 | 175,870 |
| MILLS MUSIC | 25,300 | 24,263 |
| MONDELEZ INTERNATIOAL | 17,372 | 58,470 |
| NIKE INC | 78,024 | 282,940 |
| NUVEEN QUALITY | 41,948 | 48,650 |
| PEPSICO INC | 55,482 | 74,150 |
| PPL CORP | 88,564 | 78,960 |
| PRINCIPAL FINANCIAL GROUP | 133,717 | 124,025 |
| PROCTER & GAMBLE | 88,920 | 250,452 |
| ROYAL BANK OF CANADA | 125,986 | 164,120 |
| ROYAL DUTCH SHELL | 54,699 | 94,878 |
| SEMPRA ENERGY | 35,016 | 191,115 |
| SMUCKER JM COMPANY | 77,666 | 208,080 |
| SOUTHERN COMPANY | 106,386 | 122,860 |
| 3M | 106,042 | 131,093 |
| THERMO FISHER | 79,671 | 232,890 |
| TRAVELERS COMPANIES | 106,739 | 140,370 |
| UNILVER | 2,468 | 90,540 |
| VERIZON COMMUNICATIONS | 91,516 | 88,125 |
| WALMART STORES | 70,294 | 133,339 |
| WATSON LAND | 23,822 | 1,190,000 |
| WATSON OILD AND GAS | 1 | 1 |
| FRANKLIN GROWTH FUND | 30,035 | 69,062 |
| FRANKLIN UTILITIES | 59,609 | 72,125 |
| FRANKLIN RISING DIVIDENDS | 51,295 | 90,228 |
| AMCAP | 76,209 | 185,207 |
| CAPITAL INCOME BUILDER | 61,876 | 68,959 |
| CAPITAL WORLD GROWTH | 10,892 | 83,818 |
| FUNDAMENTAL INVESTORS | 16,470 | 87,514 |
| GROWTH FUND OF AMERICA | 29,968 | 81,290 |
| INCOME FUND OF AMERICA | 37,170 | 105,389 |
| NEW PERSPECTIVE | 75,602 | 233,946 |
| WASHINGTON MUTUAL INVESTORS | 30,127 | 49,087 |
| CHURCH & DWIGHT | 100,637 | 174,460 |
| UNITED PARCEL SERVICE | 110,614 | 168,400 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| COIN COLLECTION | AT COST | 345 | 345 |
| Description | Amount |
|---|---|
| FEDERAL EXCISE TAX | 6,850 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES & LICENSES | 85 | 19 | 66 | |
| BANK CHARGES | 50 | 11 | 39 | |
| INTEREST INVESTMENT EXPENSE | 529 | 529 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INVESTMENT INCOME | 2,369 | 2,369 | 2,369 |
| OTHER INVESTMENT INCOME | 100 | 100 | 100 |
| Description | Amount |
|---|---|
| VOID CHECKS | 11,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES ON INVESTMENT INCOME | 5,843 | 5,843 | 0 |