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 523 2,969 SH   DFND   2,969 0 0
A T & T INC. COM 00206R102 3,331 82,022 SH   DFND   82,022 0 0
ABBOTT LABS COM 002824100 241 5,702 SH   DFND   5,702 0 0
ABBVIE INC. COM 00287Y109 352 5,577 SH   DFND   5,577 0 0
ALBEMARLE CORP. COM 012653101 270 3,160 SH   DFND   3,160 0 0
ALPHABET INC. CL. A CAP STK CL A 02079K305 2,458 3,057 SH   DFND   3,057 0 0
ALPHABET INC. CL. C CAP STK CL C 02079K107 1,529 1,967 SH   DFND   1,967 0 0
ALTRIA GROUP INC. COM 02209S103 695 10,985 SH   DFND   10,985 0 0
AMAZON.COM, INC. COM 023135106 519 620 SH   DFND   620 0 0
ANADARKO PETROLEUM COM 032511107 719 11,350 SH   DFND   11,350 0 0
APPLE INC. COM 037833100 3,693 32,667 SH   DFND   32,667 0 0
APPLIED MATERIALS INC. COM 038222105 882 29,250 SH   DFND   29,250 0 0
AUTOMATIC DATA PROCESSING COM 053015103 206 2,338 SH   DFND   2,338 0 0
AVANGRID, INC. COM 05351W103 1,106 26,450 SH   DFND   26,450 0 0
BCE, INC. COM 05534B760 2,133 46,185 SH   DFND   46,185 0 0
BERKSHIRE HATHAWAY CL B CL B 084670702 236 1,633 SH   DFND   1,633 0 0
BRISTOL-MYERS SQUIBB CO. COM 110122108 815 15,120 SH   DFND   15,120 0 0
BUCKEYE PARTNERS LP UNIT LTD PARTN 118230101 246 3,430 SH   DFND   3,430 0 0
C.R. BARD INC. COM 067383109 336 1,500 SH   DFND   1,500 0 0
CARDINAL HEALTH, INC. COM 14149Y108 2,498 32,146 SH   DFND   32,146 0 0
CELGENE CORP. COM 151020104 2,083 19,934 SH   DFND   19,934 0 0
CHEVRON CORP. COM 166764100 725 7,048 SH   DFND   7,048 0 0
COCA-COLA CO. COM 191216100 496 11,718 SH   DFND   11,718 0 0
COLGATE PALMOLIVE COM 194162103 366 4,943 SH   DFND   4,943 0 0
CONAGRA FOODS, INC. COM 205887102 2,012 42,715 SH   DFND   42,715 0 0
CONSOLIDATED EDISON INC. COM 209115104 374 4,967 SH   DFND   4,967 0 0
DEVON ENERGY COM 25179M103 524 11,885 SH   DFND   11,885 0 0
DOMINION RESOURCES, INC. COM 25746U109 378 5,085 SH   DFND   5,085 0 0
EXPRESS SCRIPTS HOLDINGS CO. COM 30219G108 296 4,200 SH   DFND   4,200 0 0
EXXON MOBIL CORP. COM 30231G102 2,623 30,051 SH   DFND   30,051 0 0
FACEBOOK INC. CL A 30303M102 1,610 12,555 SH   DFND   12,555 0 0
FORD MOTOR CO. COM 345370860 1,674 138,715 SH   DFND   138,715 0 0
GENERAL ELECTRIC COM 369604103 4,097 138,307 SH   DFND   138,307 0 0
HOME DEPOT COM 437076102 1,163 9,038 SH   DFND   9,038 0 0
INTEL CORP. COM 458140100 228 6,049 SH   DFND   6,049 0 0
INTL. BUSINESS MACHINES COM 459200101 419 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 3,640 30,812 SH   DFND   30,812 0 0
JPMORGAN CHASE & CO. COM 46625H100 253 3,796 SH   DFND   3,796 0 0
KINDER MORGAN INC. COM 49456B101 592 25,588 SH   DFND   25,588 0 0
KRAFT HEINZ COMPANY COM 500754106 3,789 42,334 SH   DFND   42,334 0 0
MCKESSON CORP. COM 58155Q103 609 3,650 SH   DFND   3,650 0 0
MERCK & CO. COM 58933Y105 2,372 37,998 SH   DFND   37,998 0 0
METLIFE COM 59156R108 1,339 30,128 SH   DFND   30,128 0 0
MONDELEZ INTL. INC. CL A 609207105 2,809 63,997 SH   DFND   63,997 0 0
NEWMARKET CORP. COM 651587107 396 922 SH   DFND   922 0 0
ORACLE CORP. COM 68389X105 376 9,575 SH   DFND   9,575 0 0
PAYCHEX INC. COM 704326107 506 8,750 SH   DFND   8,750 0 0
PEOPLE'S UNITED FINANCIAL INC. COM 712704105 1,352 85,452 SH   DFND   85,452 0 0
PEPSICO INC. COM 713448108 3,958 36,392 SH   DFND   36,392 0 0
PFIZER COM 717081103 687 20,294 SH   DFND   20,294 0 0
PHILIP MORRIS INTL. INC. COM 718172109 1,237 12,725 SH   DFND   12,725 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 226 1,900 SH   DFND   1,900 0 0
PPG INDUSTRIES COM 693506107 222 2,150 SH   DFND   2,150 0 0
PPL CORP. COM 69351T106 1,974 57,098 SH   DFND   57,098 0 0
PROCTER & GAMBLE CO. COM 742718109 439 4,893 SH   DFND   4,893 0 0
SANOFI SPONSORED ADR 80105N105 1,910 50,005 SH   DFND   50,005 0 0
SPDR GOLD SHARES GOLD SHS 78463V107 1,728 13,754 SH   DFND   13,754 0 0
SPDR S&P 500 ETF TR UNIT 78462F103 1,018 4,705 SH   DFND   4,705 0 0
SPDR S&P MIDCAP 400 ETF UTSER1 78467Y107 896 3,173 SH   DFND   3,173 0 0
THE WALT DISNEY CO. COM 254687106 2,251 24,242 SH   DFND   24,242 0 0
TUPPERWARE BRANDS COM 899896104 248 3,800 SH   DFND   3,800 0 0
U.S. BANCORP COM 902973304 284 6,612 SH   DFND   6,612 0 0
UNITED TECHNOLOGIES COM 913017109 1,977 19,462 SH   DFND   19,462 0 0
VERIZON COMMUNICATIONS COM 92343V104 1,140 21,935 SH   DFND   21,935 0 0
VERTEX PHARMACEUTICALS COM 92532F100 373 4,275 SH   DFND   4,275 0 0
WATERS CORP. COM 941848103 269 1,700 SH   DFND   1,700 0 0
WELLS FARGO & CO. COM 949746101 1,990 44,940 SH   DFND   44,940 0 0
WESTERN GAS PARTNERS LP COM UNIT LP 958254104 1,704 30,960 SH   DFND   30,960 0 0
WORKDAY INC. CL A 98138H101 494 5,390 SH   DFND   5,390 0 0