2014-08-25T08:22:36-05:00 2014-05-31 043284670 STACK & STACK LLP 393 TOTTEN POND ROAD SUITE 303 WALTHAM MA 02451 990PF 2013-06-01 016009168 KING SPRUCE COMPANY KING 6172273111 50 CONGRESS STREET NO 410 BOSTON MA 02109 EUGENE H CLAPP III PRESIDENT 6172273111 2014-08-25 1 GARY L STACK P00506913 7818903300 2014-08-25 2013 2015-12-30 17:16:21Z X 6041108 X X 2 2 191507 191507 92935 225475 92935 284444 284444 16000 16000 0 10105 10105 0 24512 24512 0 5933 0 0 1987 0 0 58537 50617 0 279000 279000 337537 50617 279000 -53093 233827 -22085 58235 58235 1097802 996613 4839567 1135269 1103045 1143306 2210986 2157893 6041108 0 0 X 2316891 2316891 0 0 -105905 -158998 2210986 2157893 2210986 2157893 2210986 -53093 0 2157893 0 2157893 2500 SHS DUKE REALTY CORP P 2002-03-25 2013-06-03 33413 48368 -14955 -14955 3200 SHS DE MASTER BLNDRS ORD P 1975-02-03 2013-07-23 52024 31360 20664 20664 1280 SHS HILLSHIRE BRANDS CO P 1975-02-03 2014-05-22 46115 864 45251 45251 1600 SHS MACK CALI REALTY CORP P 2002-03-25 2014-05-22 33544 51358 -17814 -17814 300 SHS PPG INDUSTRIES P 1962-10-22 2014-05-22 59110 590 58520 58520 FIDELITY ADV HIGH INC ADVANTAGE P 2013-12-06 1269 1269 1269 92935 0 258125 5665036 0.045565 233300 5233003 0.044582 225361 4707628 0.047871 224440 4596542 0.048828 285260 4514255 0.063191 0.250037 0.050007 5926240 296353 2338 298691 279000 4677 0 4677 0 4677 4680 4680 9 6 0 0 0 0 0 0 0 0 0 0 1 1 ME 1 0 0 0 0 1 N/A EUGENE H CLAPP III 6172273111 50 CONGRESS STREET SUITE 410 BOSTON MA 02109 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MEREDITH P CLAPP 10 CHARLES RIVER SQ BOSTON MA 02193 PRES/TRUSTEE 8.00 16000 0 0 EUGENE H CLAPP III 10 CHARLES RIVER SQ BOSTON MA 02193 TREAS/TRUSTEE 5.00 0 0 0 THOMAS E NEEDHAM 10 PINELEDGE RD BANGOR ME 04401 CLERK/TRUSTEE 1.00 0 0 0 MARJORIE G CLAPP 10 CHARLES RIVER SQ BOSTON MA 02193 V P/TRUSTEE 0.00 0 0 0 NONE 0 NONE 0 0 5973958 42529 0 6016487 0 0 6016487 90247 5926240 296312 296312 4677 4677 291635 0 291635 0 291635 279000 0 279000 0 279000 291635 278068 0 0 279000 278068 0 0 932 0 0 0 0 0 0 0 0 290703 0 0 0 X ACCESS SPORT AMERICA 119 HIGH STREET ACTON MA 01720 NONE CIVIC UNRESTRICTED GIFT 5000 BEACON HILL CIVIC ASSOCIATION 74 JOY STREET BOSTON MA 02114 NONE CIVIC UNRESTRICTED GIFT 4450 BEACON HILL VILLAGE 74 JOY STREET BOSTON MA 02114 NONE CIVIC UNRESTRICTED GIFT 1000 BOSTON ATHENAEUM 10 1/2 BEACON STREET BOSTON MA 02108 NONE CIVIC UNRESTRICTED GIFT 500 BOSTON FOUNDATION 75 ARLINGTON STREET 10TH FLOOR BOSTON MA 02116 NONE CIVIC UNRESTRICTED GIFT 1000 BOSTON SYMPHONY ORCHESTRA 301 MASSACHUSETTS AVENUE BOSTON MA 02115 NONE CIVIC UNRESTRICTED GIFT 4800 BOYS & GIRLS CLUBS OF BOSTON 50 CONGRESS STREET SUITE 730 BOSTON MA 02109 NONE CIVIC UNRESTRICTED GIFT 1000 BROOKS SCHOOL 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 NONE SCHOOL UNRESTRICTED GIFT 1500 CHARLES RIVER WATERSHED ASSOCIATION 48 WOERD AVENUE WALTHAM MA 02453 NONE CIVIC UNRESTRICTED GIFT 1000 CHIKAMING OPEN LANDS 14913 LAKESIDE ROAD LAKESIDE MI 49116 NONE CIVIC UNRESTRICTED GIFT 2500 CLINIC FOR THE REHABILITATION OF WILDLIFE 3883 SANIBEL CAPTIVA ROAD SANIBEL FL 33957 NONE CIVIC UNRESTRICTED GIFT 1000 COMMUNITY BOATING INC 21 DAVID MUGAR WAY BOSTON MA 02114 NONE CIVIC UNRESTRICTED GIFT 1000 COMMUNITY ROWING INC 10 NONANTUM ROAD NEWTON MA 02158 NONE CIVIC UNRESTRICTED GIFT 2000 CONSERVATION LAW FOUNDATION 62 SUMMER STREET BOSTON MA 02110 NONE CIVIC UNRESTRICTED GIFT 11000 EMMA WILLARD SCHOOL 1285 PAWLING AVENUE TROY NY 12180 NONE SCHOOL UNRESTRICTED GIFT 10000 FOURTH PRESBYTERIAN CHURCH 340 DORCHESTER STRET SOUTH BOSTON MA 02127 NONE CHURCH UNRESTRICTED GIFT 500 HAWAII FOOD BASKET 140-B HOLOMUA STREET HILO HI 96720 NONE CHARITY UNRESTRICTED GIFT 500 HILL HOUSE 127 MOUNT VERNON STREET BOSTON MA 02108 NONE CIVIC UNRESTRICTED GIFT 1600 HOME FOR LITTLE WONDERERS 271 HUNTINGTON AVENUE BOSTON MA 02115 NONE CHARITY UNRESTRICTED GIFT 1000 JOHN G SHEDD AQUARIUM 1200 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 NONE MUSEUM UNRESTRICTED GIFT 650 KING'S CHAPEL 64 BEACON STREET BOSTON MA 02108 NONE CHURCH UNRESTRICTED GIFT 15000 MAX WARBURG COURAGE CURRICULUM 263 HUNTINGTON AVE BOSTON MA 02115 NONE CHARITY UNRESTRICTED GIFT 500 MUSEUM OF FINE ARTS 465 HUNTINGTON AVENUE BOSTON MA 02115 NONE MUSEUM UNRESTRICTED GIFT 3000 NANTUCKET CONSERVATION FOUNDATION INC 118 CLIFF ROAD NANTUCKET MA 02554 NONE CIVIC UNRESTRICTED GIFT 1000 NANTUCKET COTTAGE HOSPITAL 57 PROSPECT STREET NANTUCKET MA 02554 NONE HOSPITAL UNRESTRICTED GIFT 1000 NANTUCKET HISTORICAL ASSOCIATION 15 BROAD STREET NANTUCKET MA 02554 NONE CIVIC UNRESTRICTED GIFT 1000 NANTUCKET LAND COUNCIL 6 ASH LANE NANTUCKET MA 02554 NONE CIVIC UNRESTRICTED GIFT 2000 NANTUCKET YACHT CLUB FOUNDATION 1 S BEACH STREET NANTUCKET MA 02554 NONE CIVIC UNRESTRICTED GIFT 500 NATIONAL ROWING FOUNDATION 67 MYSTIC ROAD N STONINGTON CT 06359 NONE CIVIC UNRESTRICTED GIFT 10000 NEW ENGLAND FORESTRY FOUNDATION PO BOX 1346 LITTLETON MA 01460 NONE CIVIC UNRESTRICTED GIFT 1000 OASIS COALITION OF BOSTON 9 COONEY AVENUE PLAINVILLE MA 02762 NONE CHARITY UNRESTRICTED GIFT 2000 PERKINS SCHOOL FOR THE BLIND 175 N BEACON STREET WATERTOWN MA 02472 NONE SCHOOL UNRESTRICTED GIFT 1000 PLANNED PARENTHOOD 434 WEST 33RD STREET NEW YORK NY 10001 NONE CIVIC UNRESTRICTED GIFT 3500 PREVENT CANCER FOUNDATION 1600 DUKE STREET SUITE 500 ALEXANDRIA VA 22314 NONE CHARITY UNRESTRICTED GIFT 1000 RAVINIA 418 SHERIDAN ROAD HIGHLAND PARK IL 60035 NONE CIVIC UNRESTRICTED GIFT 500 ROGERSON COMMUNITIES 1 FLORENCE STREET BOSTON MA 02131 NONE CIVIC UNRESTRICTED GIFT 11000 SANIBEL-CAPTIVA CONSERVATION FEDERATION 3399 SANIBEL CAPTIVA RD SANIBEL FL 33957 NONE CIVIC UNRESTRICTED GIFT 1000 SHADY HILL SCHOOL 178 COOLIDGE HILL CAMBRIDGE MA 02138 NONE SCHOOL UNRESTRICTED GIFT 7000 SPAULDING REHABILITATION HOSPITAL 125 NASHUA STREET BOSTON MA 02114 NONE HOSPITAL UNRESTRICTED GIFT 33000 ST PAUL'S SCHOOL 325 PLEASANT STREET CONCORD NH 03301 NONE SCHOOL UNRESTRICTED GIFT 1500 STOP HANDGUN VIOLENCE ONE BRIDGE STREET SUITE 300 NEWTON MA 02458 NONE CHARITY UNRESTRICTED GIFT 1000 THE ADVENT SCHOOL 15 BRIMMER STREET BOSTON MA 02108 NONE SCHOOL UNRESTRICTED GIFT 1000 THE ESPLANADE ASSOCIATION 10 DERNE STREET BOSTON MA 02114 NONE CIVIC UNRESTRICTED GIFT 9500 THE KONA HISTORICAL SOCIETY PO BOX 398 CAPTAIN COOK HI 96704 NONE CIVIC UNRESTRICTED GIFT 5000 UNITED WAY OF MASS BAY 245 SUMMER STREET 1401 BOSTON MA 02210 NONE CHARITY UNRESTRICTED GIFT 2500 UNIVERSITY OF CHICAGO 5801 SOUTH ELLIS AVENUE CHICAGO IL 60637 NONE SCHOOL UNRESTRICTED GIFT 2500 UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET PHILADELPHIA PA 19104 NONE SCHOOL UNRESTRICTED GIFT 30000 VINCENT CLUB 71 BRIMMER STREET BOSTON MA 02108 NONE CHARITY UNRESTRICTED GIFT 16500 WBUR 890 COMMONWEALTH AVENUE BOSTON MA 02215 NONE CHARITY UNRESTRICTED GIFT 5000 AMERICAN RED CROSS 274 TREMONT STREET BOSTON MA 02116 NONE CHARITY UNRESTRICTED GIFT 2000 ART CONNECTION 551 TREMONT STREET 205 BOSTON MA 02116 NONE CIVIC UNRESTRICTED GIFT 1000 ARTHRITIS FOUNDATION OF NEW ENGLAND PO BOX 96280 WASHINGTIN DC 20077 NONE CHARITY UNRESTRICTED GIFT 500 BARTH SYNDROME FOUNDATION PO BOX 618 LARCHMONT NY 10538 NONE CHARITY UNRESTRICTED GIFT 5000 BOSTON PUBLIC LIBRARY 700 BOYLSTON STREET BOSTON MA 02116 NONE CIVIC UNRESTRICTED GIFT 1000 CHICAGO MARITIME MUSEUM 1200 W 35TH STREET CHICAGO IL 60609 NONE MUSEUM UNRESTRICTED GIFT 500 CHRIST CHURCH EPISCOPAL (MEXICO CITY) 405 MONTES ESCANDINAVOS MEXICO CITY MX DF11000 NONE CHURCH UNRESTRICTED GIFT 5000 DONKEY MILL ART CENTER 78-6670 MAMALAHOA HIGHWAY HOLUALOA HI 96725 NONE CIVIC UNRESTRICTED GIFT 500 FRIENDS OF THE PUBLIC GARDEN 51 BEACON STREET BOSTON MA 02108 NONE CIVIC UNRESTRICTED GIFT 1000 FULL FRAME FILM FESTIVAL 320 BLACKWELL STREET SUITE 101 DURHAM NC 27701 NONE CIVIC UNRESTRICTED GIFT 2000 HEAD OF THE CHARLES REGATTA PO BOX 52 CAMBRIDGE MA 02238 NONE CIVIC UNRESTRICTED GIFT 1000 HUMAN RIGHTS WATCH 350 FIFTH AVENUE 34TH FLOOR NEW YORK NY 10118 NONE CIVIC UNRESTRICTED GIFT 1000 MUSEUM OF CONTEMPORARY ART CHICAGO 220 E CHICAGO AVE CHICAGO IL 60611 NONE MUSEUM UNRESTRICTED GIFT 500 MUSEUM OF FINE ARTS SCHOOL 230 THE FENWAY BOSTON MA 02115 NONE SCHOOL UNRESTRICTED GIFT 1500 NANTUCKET ARTISTS ASSOCIATION 19 WASHINGTON STREET NANTUCKET MA 02554 NONE CIVIC UNRESTRICTED GIFT 7000 NEW ENGLAND AQUARIUM 1 CENTRAL WHARF BOSTON MA 02110 NONE CHARITY UNRESTRICTED GIFT 1500 NORTH BENNET STREET SCHOOL 39 N BENNET STREET BOSTON MA 02109 NONE SCHOOL UNRESTRICTED GIFT 500 OHIO UNIVERSITY 1 OHIO UNIVERITY ATHENS OH 45701 NONE SCHOOL UNRESTRICTED GIFT 5000 ASTRONAUT ELLISON S ONIZUKA MEMORIAL 13423 EAST PARK DRIVE CERRITOS CA 90703 NONE CIVIC UNRESTRICTED GIFT 1000 MASS GENERAL HOSPITAL 55 FRUIT STREET BOSTON MA 02114 NONE HOSPITAL UNRESTRICTED GIFT 1000 CM RUSSELL MUSEUM 400 13TH STREET N GREAT FALLS MT 59401 NONE MUSEUM UNRESTRICTED GIFT 5000 ST VINCENT HOSPITAL 123 SUMMER STREET WORCESTER MA 01608 NONE HOSPITAL UNRESTRICTED GIFT 1000 POSSE FOUNDATION 14 WALL STREET SUITE 8A-60 NEW YORK NY 10005 NONE CHARITY UNRESTRICTED GIFT 1000 ST ANTHONY FUND 101 E VIRGINIA AVENUE EFFINGHAM IL 62401 NONE SCHOOL UNRESTRICTED GIFT 500 UNIVERSITY OF HAWAII 2444 DOLE STREET HONOLULU HI 96822 NONE SCHOOL UNRESTRICTED GIFT 5000 UNIVERSITY OF MAINE 160 COLLEGE AVENUE ORONO ME 04469 NONE SCHOOL UNRESTRICTED GIFT 5000 US OLYMPIC COMMITTEE ONE OLYMPIC PLAZA COLORADO SPRINGS CO 80901 NONE CIVIC UNRESTRICTED GIFT 1000 WTTW 5400 N SAINT LOUIS AVENUE CHICAGO IL 60625 NONE CIVIC UNRESTRICTED GIFT 500 279000 0 14 2 14 191507 18 92935 0 284444 0 284444 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 10105 10105 0 PENOBSCOT CAPITAL INVESTMENT 156479 2140517 PPG INDUSTRIES 3264 342737 VERIZON 15581 100919 CHEVRON CORP 11072 392928 BRISTOL MYERS SQUIBB 54352 149220 AMERICAN ELECTRIC POWER 17650 68875 CONSOLIDATED EDISON 36158 55010 JP MORGAN & CHASE & CO 62561 127811 DOW CHEMICAL 31324 156360 GENERAL ELECTRIC 4410 80370 FEDERAL REALTY INVESTMENT TRUST 53171 250992 HEALTHCARE PROPERTY 52544 116900 HOSPITALITY PROPERTIES TRUST 48273 46416 ROYAL BANK OF SCOTLAND SER L 99648 93360 EXXON MOBIL CORP 69823 156827 PFIZER INC. 103028 100742 SOUTHERN CO 69581 105510 AT&T CORP COM NEW 16211 190048 3M CO COM 69142 128295 NORTHEAST UTILITIES 22341 35730 NORTHEAST INVESTORS MUTUAL FUND AT COST 305067 264139 UNILEVER PLC SPONSORED ADR AT COST 69345 144084 GLAXO SMITHKLINE AT COST 70258 89001 AMERICAN FUND HIGH INCOME AT COST 186133 176030 EATON VANCE INCOME FUND AT COST 186133 179701 FIDELITY ADV HIGH AT COST 100000 110762 DWS HIGH INCOME PLUS FUND AT COST 186109 179589 ANNUAL REPORT 185 0 0 MISC EXPENSE 1802 0 0 INVESTMENT FEES 24512 24512 0 FEDERAL EXCISE TAX 5933 0 0