James Howard Jarvis 2

UnimpProp (25%) Townsend, TN $137.800 — Rent

Bonds - Flagship Tennessee and Delaware — Interest

Stock - AT&T & Southwest Bell Telephone — Int/Div

UnimpProp Monroe County, TN $247,500 — None

ImpProp Happy Valley TN $29,500 — None

Colonial Securities Fund — Int/Div

Vodaphone Airtouch Stock — Int/Div

Bell Atlantic Stock (including NYNEX Corp. and Verizon) — Int/Div

Norfolk Southern Ry Stock — Int/Div

SBC Communications Stock — Int/Div — sell

CBS Stock (including Viacom) — Int/Div — sell

BellSouth Stock — Int/Div — sell

Qwest Communications Stock — Int/Div

Ameritec Stock — Int/Div

Ford Motor Company Stock — Int/Div

Lucent Stock (including Agere) — sell

Wyeth Stock — Int/Div

Ryan's Steakhouse Stock (S) — Int/Div

Citigroup Stock — Int/Div

Avaya Stock — Int/Div

Comcast Cable Stock — Int/Div

ImpProp Walland, TN ($132,500) — Rent

Certificate of Deposit - Union Planters Bank — Interest

Certificate of Deposit - BB&T Banking Corporation — Interest

UBS PaineWebber Cash Fund — Interest — Redemption

Liberty High Yield Securities Fund - A — Interest

American Balanced Fund - Class C — Interest

Metro Govt Nashville & Davidson Cnty 12/2/03-Bonds — Interest

Abbott Laboratories-Common — Int/Div

Air Products & Chemicals-Common — Int/Div

Amsouth Bancorp-Common — Int/Div

Automatic Data Processing-Common — Int/Div

Bank of America Corp-Common — Int/Div

Baxter International Inc-Common — Int/Div — sell

Bellsouth Corp-Common — Int/Div — sell

Caterpillar Tractor-Common — Int/Div

Chevron Texaco-Common — Int/Div

Citigroup Inc-Common — Int/Div

Conagra Foods-Common — Int/Div

Consolidated Edison-Common — Int/Div

Dell-Common — Int/Div

Dow Chemical-Common — Int/Div

E I Dupont-Common — Int/Div

EMC Corp-Common — Int/Div

Emerson Electric-Common — Int/Div

Exxon Mobil Corp-Common — Int/Div

General Electric Co-Common — Int/Div

HJ Heinz Co-Common — Int/Div

J P Morgan Chase & Co-Common — Int/Div

Johnson City TN GO SER B MBIA INS 12/29/04-Bonds — Interest

Kimberly Clark Corp-Common — Int/Div

Kingsport TN GO REF AMBAC INS 3/15/04-Bonds — Interest — sell

Kingsport TN GO WTR & SWR SYS MBIA 12/1/04-Bonds — Interest

Limited Brands Inc-Common — Int/Div

Marathon Oil Corp-Common — Int/Div

Maury Cnty Tenn GO SCH & PUB IMPT INS 11/1/04-Bonds — Interest

Federated Tax Free Obligations-ISS Fund #397-Interest — Interest

Montgomery CO TN GO REF FSA INSD 6/1/03-Bonds — Interest

Newell Rubbermaid Inc-Common — Int/Div

Nisource Inc-Common — Int/Div

Pitney Bowes Inc -Common — Int/Div

Putnam CNTY TN GO REF AMBAC INS 12/1/02-Bonds — Interest

Robertson CNTY TN GO-ULT MBIA INS 2/1/04-Bonds — Interest

ST Paul Companies Inc-Common — Int/Div

Sara Lee Corp-Common — Int/Div — sell

Southern Company-Common — Int/Div — sell

Wells Fargo & Co-Common — Int/Div

Knoxville Tenn Water Rev Sys Bonds dtd 8/10/05 — Interest — buy

Shelby Cnty Tn GO Ref Ser A bonds dtd 3/10/05 — Interest — buy

Masco Corp-Common — Int/Div — buy

Mylan Laboratories-Common — Int/Div — buy

XCEL Energy Corp-Common — Int/Div — buy

Ingersol Rand Co-Common — Int/Div — buy

Income — 2005 — Tennessee Consolidated Retirement System — $50,492

Spouse's income — 2005 — Self-employed attorney