| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WOODS & DURHAM | 5,380 | 5,380 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MOMENTUM ADVISERS | 546,248 | 597,284 |
| VAN ECK GOLD RESOURCES FUND | 56,013 | 99,431 |
| MERRILL LYNCH PIERCE | 130,426 | 227,893 |
| LEXINGTON CORP PROPERTIES | 25,529 | 25,529 |
| MORGAN STANLEY SMITH BARNEY | 415,467 | 818,119 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND - RUSSELL | 23,692 | 0 | 23,692 | 650,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OIL ROYALTIES | 0 | 0 | 20,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSE | 321 | 321 | 0 | |
| BROKER FEES | 325 | 325 | 0 | |
| BANK CHARGES | 1,253 | 1,253 | 0 | |
| OTHER OIL EXPENSE | 1,468 | 1,468 | 0 | |
| INSURANCE | 734 | 734 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 12,579 | 12,579 | 12,579 |
| MISC INCOME | 200 | 200 | 200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 60 | 60 | 0 | |
| PROPERTY TAX | 576 | 576 | 0 | |
| SEVERENCE TAX | 24 | 24 | 0 | |
| REAL ESTATE TAX | 4,614 | 4,614 | 0 |