The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Altria Group Inc Common 02209S103 84,413 1,713,276 SH   SOLE   1,713,276 0 0
Canadian Natural Resource Ltd Common 136385101 98,873 3,197,951 SH   SOLE   3,197,951 0 0
Coca Cola Company Common 191216100 105,923 2,508,827 SH   SOLE   2,508,827 0 0
Consolidated Tomoka Land Co Common 210226106 86,104 1,543,075 SH   SOLE   1,543,075 0 0
Domtar Corporation Common 257559203 1,961 48,800 SH   SOLE   48,800 0 0
Franklin Resources Inc Common 354613101 131,768 2,379,770 SH   SOLE   2,379,770 0 0
Fuller H B Co Common 359694106 2,071 46,504 SH   SOLE   46,504 0 0
Google Inc Cl A 38259P508 18,055 34,023 SH   SOLE   34,023 0 0
Google Inc Cl C 38259P706 17,910 34,023 SH   SOLE   34,023 0 0
Lorillard Inc Common 544147101 37,966 603,215 SH   SOLE   603,215 0 0
Mastercard Inc Cl A 57636Q104 40,921 474,944 SH   SOLE   474,944 0 0
Norfolk Southern Corp Common 655844108 2,104 19,199 SH   SOLE   19,199 0 0
Reynolds American Inc Common 761713106 135,017 2,100,778 SH   SOLE   2,100,778 0 0
Union Pacific Corporation Common 907818108 34,758 291,762 SH   SOLE   291,762 0 0