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        <NameOfStock>JP MORGAN CHASE &amp; CO</NameOfStock>
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        <EOYFMV>17588</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HONEYWELL INTL INC</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HEINZ H J CO</NameOfStock>
        <EOYBookValue>14802</EOYBookValue>
        <EOYFMV>17304</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EXXON MOBIL CORPORATION</NameOfStock>
        <EOYBookValue>23823</EOYBookValue>
        <EOYFMV>25965</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EXELON CORP</NameOfStock>
        <EOYBookValue>17596</EOYBookValue>
        <EOYFMV>11896</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DOW CHEMICAL COMPANY</NameOfStock>
        <EOYBookValue>237740</EOYBookValue>
        <EOYFMV>226306</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>CHEMICAL FINANCIAL CORPORATION</NameOfStock>
        <EOYBookValue>85079</EOYBookValue>
        <EOYFMV>71280</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>AT&amp;T INC</NameOfStock>
        <EOYBookValue>14350</EOYBookValue>
        <EOYFMV>16855</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ALTRIA GROUP</NameOfStock>
        <EOYBookValue>14391</EOYBookValue>
        <EOYFMV>22008</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ABBOTT LABS</NameOfStock>
        <EOYBookValue>15047</EOYBookValue>
        <EOYFMV>19650</EOYFMV>
      </InvestmentsCorpStock>
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      <InvestmentsOther>
        <CategoryOrItem>PIMCO REAL EST RET STRATEGY C</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>29221</BookValue>
        <EOYFMV>25927</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>JP MORGAN INCOME BUILDER C</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>10400</BookValue>
        <EOYFMV>10953</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>ALLIANCEBER HIGH INCOME</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>25334</BookValue>
        <EOYFMV>26552</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>UNITS ADT ADVISORS CORP TRUST</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>30023</BookValue>
        <EOYFMV>30932</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>WELLS FARGO ADVANTAGE SHORT TERM HIGH YI</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>32139</BookValue>
        <EOYFMV>32092</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>PIMCO FDS EMERGING LOCAL BD FD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>21219</BookValue>
        <EOYFMV>21180</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>OPPENHEIMER SENIOR FLOATING</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>32164</BookValue>
        <EOYFMV>31834</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>GABELLI UTILITIES FUND CL C</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>35516</BookValue>
        <EOYFMV>32287</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>FIRST EAGLE OVERSEAS FUND CLASS C</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>20783</BookValue>
        <EOYFMV>21590</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>PENNSYLVANIA MUTUAL INV</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>11228</BookValue>
        <EOYFMV>12728</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>LAZARD EMERGING MARKETS INST #638</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>11408</BookValue>
        <EOYFMV>14187</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>HARBOR INTL FD #11</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
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        <EOYFMV>17369</EOYFMV>
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        <BOYBookValue>1</BOYBookValue>
        <EOYBookValue>1</EOYBookValue>
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      <OtherAssets>
        <Description>ACCRUED INTEREST</Description>
        <BOYBookValue>140</BOYBookValue>
        <EOYBookValue>124</EOYBookValue>
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        <Description>NONDIVIDEND DISTRIBUTIONS</Description>
        <RevenueAndExpensesPerBooks>-1798</RevenueAndExpensesPerBooks>
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      <OtherExpenses>
        <Description>MISCELLANEOUS</Description>
        <RevenueAndExpensesPerBooks>2823</RevenueAndExpensesPerBooks>
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      <OtherExpenses>
        <Description>INCOME TAX EXPENSE</Description>
        <RevenueAndExpensesPerBooks>662</RevenueAndExpensesPerBooks>
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      <OtherIncome>
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        <EOYBookValue>62</EOYBookValue>
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        <Amount>105</Amount>
        <NetInvestmentIncome>105</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
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      <OtherProfessionalFees>
        <Category>FIDUCIARY FEES</Category>
        <Amount>101</Amount>
        <NetInvestmentIncome>101</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
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      <OtherProfessionalFees>
        <Category>ACCOUNTING</Category>
        <Amount>980</Amount>
        <NetInvestmentIncome>980</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
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        <NetInvestmentIncome>101</NetInvestmentIncome>
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