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
3M COMPANY COM 88579Y101 520 2,969 SH   DFND   2,969 0 0
A T & T INC. COM 00206R102 3,544 82,022 SH   DFND   82,022 0 0
ABBOTT LABS COM 002824100 224 5,702 SH   DFND   5,702 0 0
ABBVIE INC. COM 00287Y109 345 5,577 SH   DFND   5,577 0 0
ALBEMARLE CORP. COM 012653101 251 3,170 SH   DFND   3,170 0 0
ALPHABET INC. CL. A CAP STK CL A 02079K305 2,163 3,075 SH   DFND   3,075 0 0
ALPHABET INC. CL. C CAP STK CL C 02079K107 1,361 1,967 SH   DFND   1,967 0 0
ALTRIA GROUP INC. COM 02209S103 758 10,985 SH   DFND   10,985 0 0
AMAZON.COM, INC. COM 023135106 444 620 SH   DFND   620 0 0
ANADARKO PETROLEUM COM 032511107 946 17,750 SH   DFND   17,750 0 0
APPLE INC. COM 037833100 3,070 32,112 SH   DFND   32,112 0 0
APPLIED MATERIALS INC. COM 038222105 720 30,025 SH   DFND   30,025 0 0
AQUA AMERICA COM 03836W103 219 6,150 SH   DFND   6,150 0 0
AUTOMATIC DATA PROCESSING COM 053015103 215 2,338 SH   DFND   2,338 0 0
AVANGRID, INC. COM 05351W103 1,180 25,615 SH   DFND   25,615 0 0
BCE, INC. COM 05534B760 2,194 46,375 SH   DFND   46,375 0 0
BERKSHIRE HATHAWAY CL B CL B 084670702 236 1,633 SH   DFND   1,633 0 0
BRISTOL-MYERS SQUIBB CO. COM 110122108 1,112 15,120 SH   DFND   15,120 0 0
BUCKEYE PARTNERS LP UNIT LTD PARTN 118230101 241 3,430 SH   DFND   3,430 0 0
C.R. BARD INC. COM 067383109 353 1,500 SH   DFND   1,500 0 0
CARDINAL HEALTH, INC. COM 14149Y108 2,473 31,696 SH   DFND   31,696 0 0
CELGENE CORP. COM 151020104 1,957 19,844 SH   DFND   19,844 0 0
CHEVRON CORP. COM 166764100 739 7,048 SH   DFND   7,048 0 0
COCA-COLA CO. COM 191216100 531 11,718 SH   DFND   11,718 0 0
COLGATE PALMOLIVE COM 194162103 376 5,143 SH   DFND   5,143 0 0
CONAGRA FOODS, INC. COM 205887102 2,042 42,715 SH   DFND   42,715 0 0
CONSOLIDATED EDISON INC. COM 209115104 400 4,967 SH   DFND   4,967 0 0
DEVON ENERGY COM 25179M103 435 12,010 SH   DFND   12,010 0 0
DOMINION RESOURCES, INC. COM 25746U109 396 5,085 SH   DFND   5,085 0 0
ESTEE LAUDER COMPANIES INC. CL A 518439104 1,712 18,805 SH   DFND   18,805 0 0
EXPRESS SCRIPTS HOLDINGS CO. COM 30219G108 318 4,200 SH   DFND   4,200 0 0
EXXON MOBIL CORP. COM 30231G102 2,843 30,326 SH   DFND   30,326 0 0
FACEBOOK INC. CL A 30303M102 1,446 12,650 SH   DFND   12,650 0 0
FORD MOTOR CO. COM 345370860 1,681 133,750 SH   DFND   133,750 0 0
GENERAL ELECTRIC COM 369604103 4,359 138,467 SH   DFND   138,467 0 0
HOME DEPOT COM 437076102 1,154 9,038 SH   DFND   9,038 0 0
INTL. BUSINESS MACHINES COM 459200101 401 2,639 SH   DFND   2,639 0 0
I-SHARES BARCLAYS TIPS INDEX TIPS BD ETF 464287176 295 2,530 SH   DFND   2,530 0 0
JOHNSON & JOHNSON COM 478160104 3,771 31,092 SH   DFND   31,092 0 0
JPMORGAN CHASE & CO. COM 46625H100 236 3,796 SH   DFND   3,796 0 0
KINDER MORGAN INC. COM 49456B101 542 28,937 SH   DFND   28,937 0 0
KRAFT HEINZ COMPANY COM 500754106 3,750 42,379 SH   DFND   42,379 0 0
MCDONALD'S CORP. COM 580135101 202 1,675 SH   DFND   1,675 0 0
MCKESSON CORP. COM 58155Q103 681 3,650 SH   DFND   3,650 0 0
MERCK & CO. COM 58933Y105 2,197 38,148 SH   DFND   38,148 0 0
METLIFE COM 59156R108 1,559 39,143 SH   DFND   39,143 0 0
MONDELEZ INTL. INC. CL A 609207105 2,930 64,376 SH   DFND   64,376 0 0
NEWMARKET CORP. COM 651587107 382 922 SH   DFND   922 0 0
ORACLE CORP. COM 68389X105 392 9,575 SH   DFND   9,575 0 0
PAYCHEX INC. COM 704326107 521 8,750 SH   DFND   8,750 0 0
PEOPLE'S UNITED FINANCIAL INC. COM 712704105 1,253 85,452 SH   DFND   85,452 0 0
PEPSICO INC. COM 713448108 3,880 36,622 SH   DFND   36,622 0 0
PFIZER COM 717081103 808 22,954 SH   DFND   22,954 0 0
PHILIP MORRIS INTL. INC. COM 718172109 1,296 12,745 SH   DFND   12,745 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 204 1,900 SH   DFND   1,900 0 0
PPG INDUSTRIES COM 693506107 224 2,150 SH   DFND   2,150 0 0
PPL CORP. COM 69351T106 2,165 57,348 SH   DFND   57,348 0 0
PROCTER & GAMBLE CO. COM 742718109 414 4,893 SH   DFND   4,893 0 0
SANOFI SPONSORED ADR 80105N105 2,092 50,005 SH   DFND   50,005 0 0
SPDR GOLD SHARES GOLD SHS 78463V107 1,749 13,829 SH   DFND   13,829 0 0
SPDR S&P MID-CAP 400 ETF UTSER1 78467Y107 842 3,093 SH   DFND   3,093 0 0
SPDR S&P 500 ETF TR UNIT 78462F103 986 4,705 SH   DFND   4,705 0 0
THE WALT DISNEY CO. COM 254687106 2,329 23,807 SH   DFND   23,807 0 0
TUPPERWARE BRANDS COM 899896104 214 3,800 SH   DFND   3,800 0 0
U.S. BANCORP COM 902973304 267 6,612 SH   DFND   6,612 0 0
UNITED TECHNOLOGIES COM 913017109 1,997 19,477 SH   DFND   19,477 0 0
VERIZON COMMUNICATIONS COM 92343V104 1,225 21,935 SH   DFND   21,935 0 0
VERTEX PHARMACEUTICALS COM 92532F100 368 4,275 SH   DFND   4,275 0 0
WATERS CORP. COM 941848103 239 1,700 SH   DFND   1,700 0 0
WELLS FARGO & CO. COM 949746101 2,134 45,095 SH   DFND   45,095 0 0
WESTERN GAS PARTNERS LP COM UNIT LP 958254104 1,560 30,960 SH   DFND   30,960 0 0
WORKDAY INC. CL A 98138H101 402 5,390 SH   DFND   5,390 0 0