<SEC-DOCUMENT>0001494234-24-000006.txt : 20240805 <SEC-HEADER>0001494234-24-000006.hdr.sgml : 20240805 <ACCEPTANCE-DATETIME>20240805144931 ACCESSION NUMBER: 0001494234-24-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240805 DATE AS OF CHANGE: 20240805 EFFECTIVENESS DATE: 20240805 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hemenway Trust Co LLC CENTRAL INDEX KEY: 0001494234 ORGANIZATION NAME: IRS NUMBER: 272269963 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14337 FILM NUMBER: 241174352 BUSINESS ADDRESS: STREET 1: HEMENWAY TRUST COMPANY LLC STREET 2: 23 KEEWAYDIN DRIVE, SUITE 400 CITY: SALEM STATE: NH ZIP: 03079 BUSINESS PHONE: 603-913-8022 MAIL ADDRESS: STREET 1: HEMENWAY TRUST COMPANY LLC STREET 2: 23 KEEWAYDIN DRIVE, SUITE 400 CITY: SALEM STATE: NH ZIP: 03079 </SEC-HEADER> <DOCUMENT> <TYPE>13F-HR <SEQUENCE>1 <FILENAME>primary_doc.xml <TEXT> <XML> <?xml version="1.0" encoding="UTF-8"?> <edgarSubmission xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:com="http://www.sec.gov/edgar/common"> <schemaVersion>X0202</schemaVersion> <headerData> <submissionType>13F-HR</submissionType> <filerInfo> <liveTestFlag>LIVE</liveTestFlag> <flags> <confirmingCopyFlag>false</confirmingCopyFlag> <returnCopyFlag>false</returnCopyFlag> <overrideInternetFlag>false</overrideInternetFlag> </flags> <filer> <credentials> <cik>0001494234</cik> <ccc>XXXXXXXX</ccc> </credentials> </filer> <periodOfReport>06-30-2024</periodOfReport> </filerInfo> </headerData> <formData> <coverPage> <reportCalendarOrQuarter>06-30-2024</reportCalendarOrQuarter> <filingManager> <name>Hemenway Trust Co LLC</name> <address> <com:street1>HEMENWAY TRUST COMPANY LLC</com:street1> <com:street2>23 KEEWAYDIN DRIVE, SUITE 400</com:street2> <com:city>SALEM</com:city> <com:stateOrCountry>NH</com:stateOrCountry> <com:zipCode>03079</com:zipCode> </address> </filingManager> <reportType>13F HOLDINGS REPORT</reportType> <form13FFileNumber>028-14337</form13FFileNumber> <provideInfoForInstruction5>N</provideInfoForInstruction5> </coverPage> <signatureBlock> <name>Alicia L Fazzone</name> <title>Advent Software Manager</title> <phone>6176198258</phone> <signature>Alicia L Fazzone</signature> <city>Boston</city> <stateOrCountry>MA</stateOrCountry> <signatureDate>08-05-2024</signatureDate> </signatureBlock> <summaryPage> <otherIncludedManagersCount>0</otherIncludedManagersCount> <tableEntryTotal>129</tableEntryTotal> <tableValueTotal>1168427006</tableValueTotal> <isConfidentialOmitted>false</isConfidentialOmitted> </summaryPage> </formData> </edgarSubmission> </XML> </TEXT> </DOCUMENT> <DOCUMENT> <TYPE>INFORMATION TABLE <SEQUENCE>2 <FILENAME>HTCinftable.xml <TEXT> <XML> <?xml version="1.0" encoding="windows-1252"?> <informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"> <infoTable> <nameOfIssuer>ABBOTT LABS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>002824100</cusip> <value>35881869</value> <shrsOrPrnAmt> <sshPrnamt>345317</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>345317</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ABBVIE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>00287Y109</cusip> <value>5088616</value> <shrsOrPrnAmt> <sshPrnamt>29668</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>29668</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ADOBE SYS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>00724F101</cusip> <value>3701563</value> <shrsOrPrnAmt> <sshPrnamt>6663</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>6663</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ADVANCED MICRO DEVICES</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>007903107</cusip> <value>42575959</value> <shrsOrPrnAmt> <sshPrnamt>262474</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>262474</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ALPHABET INC CL A</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>02079K305</cusip> <value>57223815</value> <shrsOrPrnAmt> <sshPrnamt>314158</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>314158</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ALPHABET INC CL C</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>02079K107</cusip> <value>1494506</value> <shrsOrPrnAmt> <sshPrnamt>8148</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>8148</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ALTRIA GROUP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>02209S103</cusip> <value>242686</value> <shrsOrPrnAmt> <sshPrnamt>5328</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5328</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AMAZON.COM</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>023135106</cusip> <value>44798442</value> <shrsOrPrnAmt> <sshPrnamt>231816</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>231816</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AMERICAN TOWER</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>03027X100</cusip> <value>1241403</value> <shrsOrPrnAmt> <sshPrnamt>6386</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>6386</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AMGEN INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>031162100</cusip> <value>373378</value> <shrsOrPrnAmt> <sshPrnamt>1195</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1195</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AMPHENOL</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>032095101</cusip> <value>2018405</value> <shrsOrPrnAmt> <sshPrnamt>29960</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>29960</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ANALOG DEVICES</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>032654105</cusip> <value>43456856</value> <shrsOrPrnAmt> <sshPrnamt>190383</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>190383</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>APPLE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>037833100</cusip> <value>58752185</value> <shrsOrPrnAmt> <sshPrnamt>278949</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>278949</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>APTARGROUP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>038336103</cusip> <value>32622967</value> <shrsOrPrnAmt> <sshPrnamt>231681</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>231681</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>APTIV PLC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>G6095L109</cusip> <value>4271184</value> <shrsOrPrnAmt> <sshPrnamt>60653</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>60653</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ASML HOLDING NV</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>N07059210</cusip> <value>1164298</value> <shrsOrPrnAmt> <sshPrnamt>1128</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1128</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AUTOMATIC DATA PROCESSING</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>053015103</cusip> <value>37988993</value> <shrsOrPrnAmt> <sshPrnamt>159156</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>159156</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>BALL CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>058498106</cusip> <value>11281548</value> <shrsOrPrnAmt> <sshPrnamt>187963</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>187963</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>BANK OF NOVA SCOTIA</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>064149107</cusip> <value>252832</value> <shrsOrPrnAmt> <sshPrnamt>5530</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5530</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>BEAM THERAPEUTICS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>07373V105</cusip> <value>251990</value> <shrsOrPrnAmt> <sshPrnamt>10755</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>10755</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>BECTON DICKINSON</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>075887109</cusip> <value>14626100</value> <shrsOrPrnAmt> <sshPrnamt>62582</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>62582</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>BERKSHIRE HATHAWAY CL B</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>084670702</cusip> <value>1217146</value> <shrsOrPrnAmt> <sshPrnamt>2992</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2992</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>BROADCOM INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>11135F101</cusip> <value>271335</value> <shrsOrPrnAmt> <sshPrnamt>169</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>169</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CANADIAN NATL RAILWAY</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>136375102</cusip> <value>32222590</value> <shrsOrPrnAmt> <sshPrnamt>272772</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>272772</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CANADIAN PACIFIC RAILWAY LTD</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>13646K108</cusip> <value>837692</value> <shrsOrPrnAmt> <sshPrnamt>10645</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>10645</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CARRIER GLOBAL</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>14448C104</cusip> <value>12856661</value> <shrsOrPrnAmt> <sshPrnamt>203815</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>203815</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CHEVRON</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>166764100</cusip> <value>22894239</value> <shrsOrPrnAmt> <sshPrnamt>146364</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>146364</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CHUBB LIMITED</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>H1467J104</cusip> <value>510018</value> <shrsOrPrnAmt> <sshPrnamt>1999</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1999</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CHURCH & DWIGHT</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>171340102</cusip> <value>1833166</value> <shrsOrPrnAmt> <sshPrnamt>17681</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>17681</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CISCO SYS INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>17275R102</cusip> <value>317736</value> <shrsOrPrnAmt> <sshPrnamt>6688</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>6688</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>COCA COLA</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>191216100</cusip> <value>582079</value> <shrsOrPrnAmt> <sshPrnamt>9145</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>9145</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>COLGATE-PALMOLIVE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>194162103</cusip> <value>493448</value> <shrsOrPrnAmt> <sshPrnamt>5085</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5085</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>COSTCO WHOLESALE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>22160K105</cusip> <value>1381234</value> <shrsOrPrnAmt> <sshPrnamt>1625</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1625</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CROWDSTRIKE HOLDINGS INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>22788C105</cusip> <value>574785</value> <shrsOrPrnAmt> <sshPrnamt>1500</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1500</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CVS HEALTH</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>126650100</cusip> <value>1517003</value> <shrsOrPrnAmt> <sshPrnamt>25686</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>25686</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>DANAHER CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>235851102</cusip> <value>38711990</value> <shrsOrPrnAmt> <sshPrnamt>154941</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>154941</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>DARDEN RESTAURANTS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>237194105</cusip> <value>329121</value> <shrsOrPrnAmt> <sshPrnamt>2175</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2175</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>DEERE & CO</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>244199105</cusip> <value>372883</value> <shrsOrPrnAmt> <sshPrnamt>998</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>998</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>DIGITAL REALTY</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>253868103</cusip> <value>212870</value> <shrsOrPrnAmt> <sshPrnamt>1400</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1400</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>DONALDSON INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>257651109</cusip> <value>215968</value> <shrsOrPrnAmt> <sshPrnamt>3018</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>3018</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ECOLAB INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>278865100</cusip> <value>2108680</value> <shrsOrPrnAmt> <sshPrnamt>8860</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>8860</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>EDWARDS LIFESCIENCES</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>28176E108</cusip> <value>392388</value> <shrsOrPrnAmt> <sshPrnamt>4248</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>4248</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ENTERPRISE PRODUCTS PTNR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>293792107</cusip> <value>211554</value> <shrsOrPrnAmt> <sshPrnamt>7300</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>7300</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>EOG RESOURCES</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>26875P101</cusip> <value>945473</value> <shrsOrPrnAmt> <sshPrnamt>7512</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>7512</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>EXXON MOBIL</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>30231G102</cusip> <value>1860722</value> <shrsOrPrnAmt> <sshPrnamt>16163</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>16163</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>FISERV</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>337738108</cusip> <value>41927143</value> <shrsOrPrnAmt> <sshPrnamt>281315</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>281315</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>FRAC FIRST HORIZON NATL CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>DCA517101</cusip> <value>2</value> <shrsOrPrnAmt> <sshPrnamt>187721</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>187721</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>GENERAL ELECTRIC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>369604301</cusip> <value>244484</value> <shrsOrPrnAmt> <sshPrnamt>1538</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1538</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>GENERAL MILLS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>370334104</cusip> <value>511267</value> <shrsOrPrnAmt> <sshPrnamt>8082</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>8082</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>HOME DEPOT</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>437076102</cusip> <value>34626177</value> <shrsOrPrnAmt> <sshPrnamt>100587</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>100587</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>HONEYWELL INTL</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>438516106</cusip> <value>4170510</value> <shrsOrPrnAmt> <sshPrnamt>19530</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>19530</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>IDEXX CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>45168D104</cusip> <value>853574</value> <shrsOrPrnAmt> <sshPrnamt>1752</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1752</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ILLINOIS TOOL WORKS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>452308109</cusip> <value>536951</value> <shrsOrPrnAmt> <sshPrnamt>2266</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2266</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>INTEL</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>458140100</cusip> <value>371944</value> <shrsOrPrnAmt> <sshPrnamt>12010</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>12010</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>INTL BUSINESS MACH</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>459200101</cusip> <value>612548</value> <shrsOrPrnAmt> <sshPrnamt>3542</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>3542</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>INTUITIVE SURGICAL</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>46120E602</cusip> <value>284259</value> <shrsOrPrnAmt> <sshPrnamt>639</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>639</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ISHARES EDGE MSCI USA QUALITY </nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>46432F339</cusip> <value>321883</value> <shrsOrPrnAmt> <sshPrnamt>1885</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1885</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ISHARES RUSSELL 1000</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>464287622</cusip> <value>895595</value> <shrsOrPrnAmt> <sshPrnamt>3010</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>3010</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ISHARES S&P 500</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>464287200</cusip> <value>710160</value> <shrsOrPrnAmt> <sshPrnamt>1298</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1298</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>JOHNSON & JOHNSON</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>478160104</cusip> <value>30984287</value> <shrsOrPrnAmt> <sshPrnamt>211989</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>211989</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>JPMORGAN CHASE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>46625H100</cusip> <value>2193105</value> <shrsOrPrnAmt> <sshPrnamt>10843</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>10843</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>LEDYARD FINANCIAL GROUP INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>523338101</cusip> <value>550970</value> <shrsOrPrnAmt> <sshPrnamt>39810</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>39810</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MASTERCARD</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>57636Q104</cusip> <value>43431154</value> <shrsOrPrnAmt> <sshPrnamt>98448</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>98448</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MCCORMICK & CO</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>579780206</cusip> <value>5806510</value> <shrsOrPrnAmt> <sshPrnamt>81851</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>81851</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MEDTRONIC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>G5960L103</cusip> <value>14472383</value> <shrsOrPrnAmt> <sshPrnamt>183870</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>183870</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MERCK</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>58933Y105</cusip> <value>1136732</value> <shrsOrPrnAmt> <sshPrnamt>9182</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>9182</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>META PLATFORMS INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>30303M102</cusip> <value>347942</value> <shrsOrPrnAmt> <sshPrnamt>690</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>690</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>METTLER TOLEDO</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>592688105</cusip> <value>802217</value> <shrsOrPrnAmt> <sshPrnamt>574</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>574</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MICROSOFT</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>594918104</cusip> <value>59943381</value> <shrsOrPrnAmt> <sshPrnamt>134117</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>134117</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MODERNA INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>60770K107</cusip> <value>864262</value> <shrsOrPrnAmt> <sshPrnamt>7278</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>7278</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>MONDELEZ INTERNATIONAL INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>609207105</cusip> <value>493941</value> <shrsOrPrnAmt> <sshPrnamt>7548</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>7548</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NESTLE SA</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>712387901</cusip> <value>204114</value> <shrsOrPrnAmt> <sshPrnamt>2000</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2000</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NESTLE SA ADR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>641069406</cusip> <value>25028023</value> <shrsOrPrnAmt> <sshPrnamt>244295</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>244295</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NETAPP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>64110D104</cusip> <value>3381000</value> <shrsOrPrnAmt> <sshPrnamt>26250</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>26250</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NEXTERA ENERGY</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>65339F101</cusip> <value>6347809</value> <shrsOrPrnAmt> <sshPrnamt>89646</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>89646</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NIKE INC CLASS B</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>654106103</cusip> <value>3581072</value> <shrsOrPrnAmt> <sshPrnamt>47513</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>47513</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NOVARTIS AG ADR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>66987V109</cusip> <value>2127069</value> <shrsOrPrnAmt> <sshPrnamt>19980</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>19980</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NOVO NORDISK A S ADR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>670100205</cusip> <value>1625523</value> <shrsOrPrnAmt> <sshPrnamt>11388</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>11388</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NOVOZYMES A S DKK 2.0</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>B798FW902</cusip> <value>336878</value> <shrsOrPrnAmt> <sshPrnamt>5521</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5521</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NVIDIA CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>67066G104</cusip> <value>64241655</value> <shrsOrPrnAmt> <sshPrnamt>520007</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>520007</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ORACLE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>68389X105</cusip> <value>365846</value> <shrsOrPrnAmt> <sshPrnamt>2591</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2591</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>PEPSICO</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>713448108</cusip> <value>2091147</value> <shrsOrPrnAmt> <sshPrnamt>12679</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>12679</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>PFIZER</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>717081103</cusip> <value>443483</value> <shrsOrPrnAmt> <sshPrnamt>15850</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>15850</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>PHILIP MORRIS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>718172109</cusip> <value>521620</value> <shrsOrPrnAmt> <sshPrnamt>5148</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5148</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>PROCTER & GAMBLE</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>742718109</cusip> <value>35090186</value> <shrsOrPrnAmt> <sshPrnamt>212771</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>212771</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>QUALCOMM</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>747525103</cusip> <value>304347</value> <shrsOrPrnAmt> <sshPrnamt>1528</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1528</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>RELX PLC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>759530108</cusip> <value>263810</value> <shrsOrPrnAmt> <sshPrnamt>5750</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5750</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>REPLIGEN CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>759916109</cusip> <value>535755</value> <shrsOrPrnAmt> <sshPrnamt>4250</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>4250</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ROCHE HLDG LTD ADR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>771195104</cusip> <value>242898</value> <shrsOrPrnAmt> <sshPrnamt>7006</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>7006</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ROCKWELL AUTOMATION</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>773903109</cusip> <value>29331794</value> <shrsOrPrnAmt> <sshPrnamt>106553</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>106553</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ROYAL BANK CANADA</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>780087102</cusip> <value>376585</value> <shrsOrPrnAmt> <sshPrnamt>3540</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>3540</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>RTX CORPORATION</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>75513E101</cusip> <value>25400481</value> <shrsOrPrnAmt> <sshPrnamt>253018</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>253018</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>SALESFORCE.COM</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>79466L302</cusip> <value>448639</value> <shrsOrPrnAmt> <sshPrnamt>1745</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1745</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>SCHNEIDER ELEC SA ADR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>80687P106</cusip> <value>25091723</value> <shrsOrPrnAmt> <sshPrnamt>521224</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>521224</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>SPDR PORT S&P 500 ETF</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>78464A854</cusip> <value>868160</value> <shrsOrPrnAmt> <sshPrnamt>13565</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>13565</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>SPDR S&P 500 ETF</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>78462F103</cusip> <value>811976</value> <shrsOrPrnAmt> <sshPrnamt>1492</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1492</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>STRYKER CORP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>863667101</cusip> <value>861853</value> <shrsOrPrnAmt> <sshPrnamt>2533</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2533</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>SYSCO</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>871829107</cusip> <value>254302</value> <shrsOrPrnAmt> <sshPrnamt>3562</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>3562</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>TEMPUR SEALY INTERNATIONAL INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>88023U101</cusip> <value>1492725</value> <shrsOrPrnAmt> <sshPrnamt>31532</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>31532</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>TESLA MOTORS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>88160R101</cusip> <value>272085</value> <shrsOrPrnAmt> <sshPrnamt>1375</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1375</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>THERMO FISHER SCIENTIFIC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>883556102</cusip> <value>3184174</value> <shrsOrPrnAmt> <sshPrnamt>5758</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5758</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>TJX COS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>872540109</cusip> <value>35018267</value> <shrsOrPrnAmt> <sshPrnamt>318059</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>318059</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>TORONTO DOMINION BANK</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>891160509</cusip> <value>347897</value> <shrsOrPrnAmt> <sshPrnamt>6330</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>6330</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>TRANE TECHNOLOGIES PLC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>G8994E103</cusip> <value>230251</value> <shrsOrPrnAmt> <sshPrnamt>700</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>700</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>UNILEVER PLC NEW ADR</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>904767704</cusip> <value>217353</value> <shrsOrPrnAmt> <sshPrnamt>3953</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>3953</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>UNION PACIFIC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>907818108</cusip> <value>5962630</value> <shrsOrPrnAmt> <sshPrnamt>26353</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>26353</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>UNITED HEALTH GROUP</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>91324P102</cusip> <value>25847576</value> <shrsOrPrnAmt> <sshPrnamt>50755</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>50755</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>UNIVERSAL HEALTH SERVICES CL B</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>913903100</cusip> <value>221916</value> <shrsOrPrnAmt> <sshPrnamt>1200</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1200</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VANGUARD DIVIDEND APPRECIATION</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>921908844</cusip> <value>257213</value> <shrsOrPrnAmt> <sshPrnamt>1409</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1409</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VANGUARD FTSE DEVELOPED MARKET</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>921943858</cusip> <value>366301</value> <shrsOrPrnAmt> <sshPrnamt>7412</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>7412</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VANGUARD VALUE ETF</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>922908744</cusip> <value>401025</value> <shrsOrPrnAmt> <sshPrnamt>2500</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2500</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VEEVA SYSTEMS INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>922475108</cusip> <value>385419</value> <shrsOrPrnAmt> <sshPrnamt>2106</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2106</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VERTEX PHARMACEUTICALS</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>92532F100</cusip> <value>13328991</value> <shrsOrPrnAmt> <sshPrnamt>28437</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>28437</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VISA</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>92826C839</cusip> <value>642596</value> <shrsOrPrnAmt> <sshPrnamt>2448</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>2448</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>WAL-MART STORES</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>931142103</cusip> <value>2608366</value> <shrsOrPrnAmt> <sshPrnamt>38523</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>38523</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>WASTE MANAGEMENT INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>94106L109</cusip> <value>11286966</value> <shrsOrPrnAmt> <sshPrnamt>52906</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>52906</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>XYLEM INC</nameOfIssuer> <titleOfClass>COM</titleOfClass> <cusip>98419M100</cusip> <value>28780040</value> <shrsOrPrnAmt> <sshPrnamt>212195</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>212195</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AMERICAN FUNDS SMALL CAP WORLD</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>831681101</cusip> <value>299899</value> <shrsOrPrnAmt> <sshPrnamt>4508</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>4508</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>AMG RIVER ROAD SMALL-MID CAP V</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>00171A878</cusip> <value>13468655</value> <shrsOrPrnAmt> <sshPrnamt>1379985</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>1379985</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>CHAMPLAIN MID CAP ADVISOR</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>00764Q744</cusip> <value>303749</value> <shrsOrPrnAmt> <sshPrnamt>12920</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>12920</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>FPA CRESCENT FUND</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>30254T759</cusip> <value>1695748</value> <shrsOrPrnAmt> <sshPrnamt>41593</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>41593</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>GQG PARTNERS EMERGING MARKETS </nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>00771X419</cusip> <value>16521733</value> <shrsOrPrnAmt> <sshPrnamt>898409</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>898409</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>NEUBERGER BERMAN ALTERN LONG S</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>64128R608</cusip> <value>1205748</value> <shrsOrPrnAmt> <sshPrnamt>66800</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>66800</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>PRIMECAP ODYSSEY AGGRESSIVE GR</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>74160Q202</cusip> <value>408510</value> <shrsOrPrnAmt> <sshPrnamt>9000</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>9000</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>ROBECO BOSTON PARTNERS LONG SH</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>74925K581</cusip> <value>1396615</value> <shrsOrPrnAmt> <sshPrnamt>96987</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>96987</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>T ROWE PRICE DIVIDEND GROWTH</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>779546100</cusip> <value>998510</value> <shrsOrPrnAmt> <sshPrnamt>12906</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>12906</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VANGUARD DIVIDEND GROWTH</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>921908604</cusip> <value>671963</value> <shrsOrPrnAmt> <sshPrnamt>17628</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>17628</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VANGUARD INTERNATIONAL GROWTH </nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>921910501</cusip> <value>548600</value> <shrsOrPrnAmt> <sshPrnamt>5000</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>5000</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> <infoTable> <nameOfIssuer>VANGUARD TARGET RETIREMENT INC</nameOfIssuer> <titleOfClass>Equity Mutual Fu</titleOfClass> <cusip>92202E102</cusip> <value>603980</value> <shrsOrPrnAmt> <sshPrnamt>45618</sshPrnamt> <sshPrnamtType>SH</sshPrnamtType> </shrsOrPrnAmt> <investmentDiscretion>SOLE</investmentDiscretion> <votingAuthority> <Sole>45618</Sole> <Shared>0</Shared> <None>0</None> </votingAuthority> </infoTable> </informationTable> </XML> </TEXT> </DOCUMENT> </SEC-DOCUMENT>