| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WOODS & DURHAM | 6,755 | 6,755 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MOMENTUM ADVISERS | 733,279 | 978,098 |
| VAN ECK GOLD RESOURCES FUND | 58,778 | 96,399 |
| MERRILL LYNCH PIERCE | 136,335 | 238,325 |
| LEXINGTON CORP PROPERTIES | 24,630 | 25,529 |
| MORGAN STANLEY SMITH BARNEY | 436,474 | 916,295 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND - RUSSELL | 23,692 | 0 | 23,692 | 1,000,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OIL ROYALTIES | 0 | 0 | 20,000 |
| WATER WELL RIG | 0 | 86,467 | 86,467 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSE | 396 | 396 | 0 | |
| BROKER FEES | 325 | 325 | 0 | |
| BANK CHARGES | 1,156 | 1,156 | 0 | |
| INSURANCE | 744 | 744 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 9,095 | 9,095 | 9,095 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 62 | 62 | 0 | |
| PROPERTY TAX | 58 | 58 | 0 | |
| SEVERENCE TAX | 18 | 18 | 0 | |
| REAL ESTATE TAX | 4,729 | 4,729 | 0 |