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        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
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            <CityNm>DELMAR</CityNm>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JAMES MCKEE III FORMER OFFICER</PersonNm>
          <USAddress>
            <AddressLine1Txt>543 PORTER RD</AddressLine1Txt>
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          <TitleTxt>FORMER TREAS</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALISON CHAMBERLIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>22 GREENLEAF DR</AddressLine1Txt>
            <CityNm>DELMAR</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <TitleTxt>SECRETARY</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NICK SUHR</PersonNm>
          <USAddress>
            <AddressLine1Txt>105 ADAMS PL</AddressLine1Txt>
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          <TitleTxt>TREASURER</TitleTxt>
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          <PersonNm>DAVID MCKEE</PersonNm>
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        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <GainLossSaleOtherAssetsSch documentId="RetDoc2">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>INVESTMENT CENTRE COVERED ST</AssetDesc>
        <AcquiredDt>2015-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2016-08</SoldDt>
        <GrossSalesPriceAmt>27329</GrossSalesPriceAmt>
        <BasisAmt>22538</BasisAmt>
        <TotalNetAmt>4791</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>INVESTMENT CENTRE COVERED LT</AssetDesc>
        <AcquiredDt>2000-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2016-12</SoldDt>
        <GrossSalesPriceAmt>10628</GrossSalesPriceAmt>
        <BasisAmt>21490</BasisAmt>
        <TotalNetAmt>-10862</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>VERSUS HOSPITALITY PPTYS</AssetDesc>
        <AcquiredDt>2000-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <GrossSalesPriceAmt>13590</GrossSalesPriceAmt>
        <BasisAmt>20648</BasisAmt>
        <TotalNetAmt>-7058</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TASEKO MINES</AssetDesc>
        <AcquiredDt>2007-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2016-07</SoldDt>
        <GrossSalesPriceAmt>2860</GrossSalesPriceAmt>
        <BasisAmt>23219</BasisAmt>
        <TotalNetAmt>-20359</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>US TREASURY NOTES 8/15/16</AssetDesc>
        <AcquiredDt>2000-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2016-08</SoldDt>
        <GrossSalesPriceAmt>20000</GrossSalesPriceAmt>
        <BasisAmt>20000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE SECURITIES</StockNm>
        <EOYBookValueAmt>313295</EOYBookValueAmt>
        <EOYFMVAmt>325846</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REITS</StockNm>
        <EOYBookValueAmt>28481</EOYBookValueAmt>
        <EOYFMVAmt>28918</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CORP PREFERRED STK</StockNm>
        <EOYBookValueAmt>26843</EOYBookValueAmt>
        <EOYFMVAmt>26510</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MUTUAL FUNDS</StockNm>
        <EOYBookValueAmt>15687</EOYBookValueAmt>
        <EOYFMVAmt>15947</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc4">
      <USGovtObligationsBookVlEOYAmt>10228</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>10497</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <OtherAssetsSchedule documentId="RetDoc5">
      <OtherAssetsScheduleGrp>
        <Desc>DIVIDENDS IN TRANSIT</Desc>
        <BOYBookValueAmt>846</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISC INVEST FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>32</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>32</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NY DEPT OF LAW FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>100</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>IRS PENALTIES -- FILING LATE</Desc>
        <RevenueAndExpensesPerBooksAmt>233</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>76-0568219 ORD INCOME K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>118</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>118</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>118</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>76-0568219 ORD INCOME K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>-66</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-66</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-66</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc8">
      <OtherLiabilitiesDetail>
        <Desc>RETURN CAPITAL NOT POSTED YET</Desc>
        <EOYBookValueAmt>3288</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="RetDoc9">
      <TaxesDetail>
        <CategoryTxt>IRS TAX, NOT DEDUCTIBLE</CategoryTxt>
        <Amt>300</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>