Charles Lynwood Smith jr

U.S. Savings Bonds-Series EE — Interest

Regions Financial Corp. — Int/Div

Citi Bank Money Fund — Interest

Meadowbrook, Ltd. 4.75% Int. in limited partnership — None

Farm: Madison County, Ala. — Crop)

Farm Rental House: Madison County, Ala. — House)

Crown Life Ins. - Cash Value — Int/Div

Apple Computer, Inc — None

Clorox Co. — Int/Div

Defered Comp Plan - PEBSCO Nationwide Fixed — Interest

Madison Co. AL Retirement Fund — Interest

Deferred Comp Plan - PEBSCO Fidelity Magellan — Int/Div

Deferred Comp Plan - PEBSCO American Century Ultra — Int/Div

Deferred Comp Plan - PEBSCO Putnam Voyager Fund Class A — Int/Div

Deferred Comp Plan - PEBSCO Fidelity Contrafund — Int/Div

Am Family Broadcasting Corp (Retirement) — None

Fix Corp Intl, Inc — None

Sanmina-SCI Corp — None

Deferred Comp Plan - PEBSCO S&P 500 Index — Int/Div

PACT (Ala. Prepaid Affordable College Tuition plan) — Interest

Scholars Choice (Section 529 Plan) — Int/Div

Easy Street Investors Corp — None

Davis Selected - Large Cap - Money Manager Acct

Johnson & Johnson

United Healthcare Corp (formerly Unitedhealth Group Inc)

Pepsico, Inc

Maxim Intergrated Prod.

First Horizon Nat. Corp (formerly FirstTenn.Nat.Corp)

QWest Communications Intl

Cisco Systems, Inc

Exxon Mobil Corp

ICOS Corp

Pfizer, Inc

Alliant TechSystems, Inc

CyberSource Corp

St. Joe Company

United Technologies Corp.

Sanmina SCI Corp

Lowe's Companies, Inc

Goldman Sachs Group, Inc

Lincoln National Corp.

Principal Financial Group

Adtran, Inc

Calamos Strategic TR Fund

Calamos Money Manager Account

CoStar Group

UT Star Com, Inc

Emageon, Inc — Buy

Sprint NexTel Corp. — Buy

Schwab Charles Copr New — Buy

Syntroleum Corp. — Buy

Cardiac Science Corp. — Buy

Embarg Corp. — Buy

American Century Value Fund — Int/Div

Education IRA No. 1

CitiBank NA Bank Deposit (formerly SB Money Funds) — Interest

Coca Cola Bottling Co. — Int/Div

Adtran, Inc — Int/Div

OverstockCom, Inc

Education IRA No. 2

Legg Mason Partners (formerly SB Aggressive Growth Funds) — Int/Div

CitiBank NA Bank Deposit (formerly SB Money Funds) — Interest

Adtran, Inc — Int/Div

OverstockCom, Inc — None

Education IRA No. 3

Legg Mason Partners (formerly SB Aggressive Growth Funds) — Int/Div

CitiBank NA Bank Deposit (formerly SB Money Funds) — Interest

Adtran, Inc — Int/Div

OverstockCom, Inc — None

Education IRA No. 4

Legg Mason Partners (formerly SB Aggressive Growth Funds) — Int/Div

CitiBank NA Bank Deposit (formerly SB Money Funds) — Interest

Adtran, Inc — Int/Div

QverstockCom, Inc — None

Coca Cola Bottling Co. — Int/Div

eBay, Inc — None

Johnson & Johnson — Int/Div

Rental Property No. 3, Baldwin County, Ala. (See Part VIII) — None

Trust No. — Int/Div

Citibank NA Bank Deposit Program — Interest

ITC DeltaCom, Inc. - New Issue — None

Vanguard Age-Based Aggressive Growth (Section 529 Plan) — Int/Div — Monthly

Adtran, Inc — Int/Div

Walt Disney (acquisition and merger of Pixar into Disney) — None

Google, Inc — None — Sale — Part VIII

Google, Inc — None — Sold

OverstockCom, Inc. — None — Sold — Part VIII

OverstockCom, Inc. — Buy — and D.E Kenchel

OverstockCom, Inc. — Sold — Goetsch and P. Rochin

Agreement — 1.1981 — Judicial Retirement Fund of Alabama (Retirement fund of former employer, State of Alabama), no control

Agreement — 2.1981 — Madison County, Alabama Retirement Fund (Retirement fund of former employer, Madison County), no control

Liability — Mbna/Bank Of America — Credit Card

Liability — Regions Bank/ Mbna — Credit Card

Liability — Regions Bank — Mortgage On Rental Property No. 3, Baldwin County, Ala. (See Part Vii, Page 8, Line 78)

Spouse's income — 2006 — Madison County Commission - Salary

Spouse's income — Chase — Credit Card

Part VII, page 8, line 78: As previously reported, "Rental Property No. 3, Baldwin County, Ala." was acquired on Oct. 1, 2003, for $186,000.00.

Part VII, page 8, line 85: See page 52 of Filing Instructions (2d para., 2d sentence) for explanation of why Column D4 (Gain) was left blank.

Part V1, page 9, line 87: Same explanation as the immediately preceding entry.

Part VII, page 9, lines 88 and 89: "House

in Huntsville, Ala." was puchased on May 11, 2006 from Jeffrey Thomas Kenchel and wife, Debra Elaine

Kenchel, for $240,000 ("M" Value Code).

on

The same property was sold on Sept. 28, 2006 to C. Allen Goetsch and Peggy Rochin for $290,000 ("N" Value Code),

producing a net Gain (after paying a real estate commission and other closing costs) within the "E" Income Gain Code. Since the asset was entirely sold before the

end of the reporting period, Column C was left blank in accordance with page 48 of the Filing Instructions (1st para., 2d sentence).