FORM 10-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
(Mark One)
[x] Annual report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 [Fee Required]
For the fiscal year ended December 31, 1996
OR
[ ] Transition report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 [No Fee Required]
For the transition period from to
Commission File Number 0-15408
Southwest Royalties, Inc. Income Fund V
(Exact name of registrant as specified in
its limited partnership agreement)
Tennessee 75-2104619
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
407 N. Big Spring, Suite 300, Midland, Texas 79701
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code (915) 686-9927
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
limited partnership interests
Indicate by check mark whether registrant (1) has filed reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days: Yes x No
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K (229.405 of this chapter) is not contained herein, and
will not be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. [x]
The registrant's outstanding securities consist of Units of limited
partnership interests for which there exists no established public market
from which to base a calculation of aggregate market value.
The total number of pages contained in this report is 187. The exhibit index
is found on page 46.
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Table of Contents
Item Page
Part I
1. Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
2. Properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
3. Legal Proceedings. . . . . . . . . . . . . . . . . . . . . . . . . 9
4. Submission of Matters to a Vote of Security Holders. . . . . . . . 9
Part II
5. Market for the Registrant's Common Equity and Related
Stockholder Matters. . . . . . . . . . . . . . . . . . . . . . . .10
6. Selected Financial Data. . . . . . . . . . . . . . . . . . . . . .11
7. Management's Discussion and Analysis of
Financial Condition and Results of Operations. . . . . . . . . . .12
8. Financial Statements and Supplementary Data. . . . . . . . . . . .19
9. Changes in and Disagreements with Accountants
on Accounting and Financial Disclosure . . . . . . . . . . . . . .34
Part III
10. Directors and Executive Officers of the Registrant . . . . . . . .35
11. Executive Compensation . . . . . . . . . . . . . . . . . . . . . .38
12. Security Ownership of Certain Beneficial Owners
and Management . . . . . . . . . . . . . . . . . . . . . . . . . .38
13. Certain Relationships and Related Transactions . . . . . . . . . .40
Part IV
14. Exhibits, Financial Statement Schedules and Reports on
Form 8-K . . . . . . . . . . . . . . . . . . . . . . . . . . . . .41
Signatures . . . . . . . . . . . . . . . . . . . . . . . . . . . .45
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Part I
Item 1. Business
General
Southwest Royalties, Inc. Income Fund V (the "Partnership" or "Registrant")
was organized as a Tennessee limited partnership on May 1, 1986. The
offering of limited partnership interests began January 22, 1986, reached
minimum capital requirements on May 1, 1986 and concluded July 22, 1986. The
Partnership has no subsidiaries.
The Partnership has expended its capital and acquired interests in producing
oil and gas properties. After such acquisitions, the Partnership has
produced and marketed the crude oil and natural gas produced from such
properties. In most cases, the Partnership purchased royalty or overriding
royalty interests and working interests in oil and gas properties that were
converted into net profits interests or other nonoperating interests. The
Partnership purchased either all or part of the rights and obligations under
various oil and gas leases.
The principal executive offices of the Partnership are located at 407 N. Big
Spring, Suite 300, Midland, Texas, 79701. The Managing General Partner of
the Partnership, Southwest Royalties, Inc. (the "Managing General Partner")
and its staff of 245 individuals, together with certain independent
consultants used on an "as-needed" basis, perform various services on behalf
of the Partnership, including the selection of oil and gas properties and the
marketing of production from such properties. H. H. Wommack, III, a
stockholder, director, President and Treasurer of the Managing General
Partner, is also a general partner. The Partnership has no employees.
Principal Products, Marketing and Distribution
The Partnership has acquired and holds royalty interests and net profit
interests in oil and gas properties located in Texas, Oklahoma and North
Dakota. All activities of the Partnership are confined to the continental
United States. All oil and gas produced from these properties is sold to
unrelated third parties in the oil and gas business.
The revenues generated from the Partnership's oil and gas activities are
dependent upon the current market for oil and gas. The prices received by
the Partnership for its oil and gas production depend upon numerous factors
beyond the Partnership's control, including competition, economic, political
and regulatory developments and competitive energy sources, and make it
particularly difficult to estimate future prices of oil and natural gas.
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The recent strength in the price of crude oil reflects a continued growth in
demand for energy. The worldwide demand for oil continues to grow. The
United States dependence on foreign oil reached a record 51% in 1996. The
supply of oil is not keeping up with the demand on either a domestic or
worldwide economic basis. Oil production in the United States fell for the
fifth straight year, dropping 1.8% to 6.45 million barrels per day in 1996.
At the same time, economic recovery in the world economy continues to apply
upward pressure on demand. Current oil consumption of over 70 million
barrels per day is growing on an annual basis. This is especially acute in
the lesser developed countries as they move toward industrialization. Supply
and demand for oil has moved very close to being in balance. The lack of
excess capacity in the oil markets has helped push oil prices into the mid-
20's during 1996.
For the last several years, the natural gas industry in the United States has
been affected generally by a surplus in available natural gas and enhanced
delivery capability causing a general deterioration in natural gas prices.
In 1996, natural gas prices recovered significantly after having been
adversely affected for many years by the chronic oversupply. A colder than
normal 1995 and 1996 winter for most of the nation and a cold start for the
1996 and 1997 heating season has increased demand, while supplies have
declined creating a guarded optimism within the industry in regards to the
1997 gas price. January 1997's gas price is the highest the industry has
seen since deregulation in 1985.
Following is a table of the ratios of revenues received from oil and gas
production for the last three years:
Oil Gas
1996 62% 38%
1995 59% 41%
1994 55% 45%
As the table indicates, the majority of the Partnership's revenue is from its
oil production, and Partnership revenues will be highly dependent upon the
future prices and demands for oil.
Seasonality of Business
Although the demand for natural gas is highly seasonal, with higher demand in
the colder winter months and in very hot summer months, the Partnership has
been able to sell all of its natural gas, either through contracts in place
or on the spot market at the then prevailing spot market price. As a result,
the volumes sold by the Partnership have not fluctuated materially with the
change of season.
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Customer Dependence
No material portion of the Partnership's business is dependent on a single
purchaser, or a very few purchasers, where the loss of one would have a
material adverse impact on the Partnership. Four purchasers accounted for
83% of the Partnership's total oil and gas production during 1996: Scurlock
Permian Corporation 35%, Phillips 66 Company 23%, Vintage Petroleum, Inc. 15%
and Aquila Southwest Pipeline Corporation 10%. Three purchasers accounted
for 79% of the Partnership's total oil and gas production during 1995:
Scurlock Permian Corporation 40%, Phillips 66 Company 26% and Aquila
Southwest Pipeline 13%. Three purchasers accounted for 79% of the
Partnership's total oil and gas production during 1994: Scurlock Permian
Corporation 40%, Phillips 66 Company 28% and Aquila Southwest Pipeline 11%.
All purchasers of the Partnership's oil and gas production are unrelated
third parties. In the event any of these purchasers were to discontinue
purchasing the Partnership's production, the Managing General Partner
believes that a substitute purchaser or purchasers could be located without
undue delay. No other purchaser accounted for an amount equal to or greater
than 10% of the Partnership's sales of oil and gas production.
Competition
Because the Partnership has utilized all of its funds available for the
acquisition of net profits or royalty interests in producing oil and gas
properties, it is not subject to competition from other oil and gas property
purchasers. See Item 2, Properties.
Factors that may adversely affect the Partnership include delays in
completing arrangements for the sale of production, availability of a market
for production, rising operating costs of producing oil and gas and complying
with applicable water and air pollution control statutes, increasing costs
and difficulties of transportation, and marketing of competitive fuels.
Moreover, domestic oil and gas must compete with imported oil and gas and
with coal, atomic energy, hydroelectric power and other forms of energy.
Regulation
Oil and Gas Production - The production and sale of oil and gas is subject to
federal and state governmental regulation in several respects, such as
existing price controls on natural gas and possible price controls on crude
oil, regulation of oil and gas production by state and local governmental
agencies, pollution and environmental controls and various other direct and
indirect regulation. Many jurisdictions have periodically imposed
limitations on oil and gas production by restricting the rate of flow for oil
and gas wells below their actual capacity to produce and by imposing acreage
limitations for the drilling of wells. The federal government has the power
to permit increases in the amount of oil imported from other countries and to
impose pollution control measures.
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Various aspects of the Partnership's oil and gas activities are regulated by
administrative agencies under statutory provisions of the states where such
activities are conducted and by certain agencies of the federal government
for operations on Federal leases. Moreover, certain prices at which the
Partnership may sell its natural gas production are controlled by the Natural
Gas Policy Act of 1978, the Natural Gas Wellhead Decontrol Act of 1989 and
the regulations promulgated by the Federal Energy Regulatory Commission.
Environmental - The Partnership's oil and gas activities are subject to
extensive federal, state and local laws and regulations governing the
generation, storage, handling, emission, transportation and discharge of
materials into the environment. Governmental authorities have the power to
enforce compliance with their regulations, and violations carry substantial
penalties. This regulatory burden on the oil and gas industry increases its
cost of doing business and consequently affects its profitability. The
Managing General Partner is unable to predict what, if any, effect compliance
will have on the Partnership.
Industry Regulations and Guidelines - Certain industry regulations and
guidelines apply to the registration, qualification and operation of oil and
gas programs in the form of limited partnerships. The Partnership is subject
to these guidelines which regulate and restrict transactions between the
Managing General Partner and the Partnership. The Partnership complies with
these guidelines and the Managing General Partner does not anticipate that
continued compliance will have a material adverse effect on Partnership
operations.
Partnership Employees
The Partnership has no employees; however, the Managing General Partner has
a staff of geologists, engineers, accountants, landmen and clerical staff who
engage in Partnership activities and operations and perform additional
services for the Partnership as needed. In addition to the Managing General
Partner's staff, the Partnership engages independent consultants such as
petroleum engineers and geologists as needed. As of December 31, 1996, there
were 245 individuals directly employed by the Managing General Partner in
various capacities.
Item 2. Properties
In determining whether an interest in a particular producing property was to
be acquired, the Managing General Partner considered such criteria as
estimated oil and gas reserves, estimated cash flow from the sale of
production, present and future prices of oil and gas, the extent of
undeveloped and unproved reserves, the potential for secondary, tertiary and
other enhanced recovery projects and the availability of markets.
As of December 31, 1996, the Partnership possessed an interest in oil and gas
properties located in McKenzie County, North Dakota; Pottawatomie County,
Oklahoma; and Crane, Dawson, Midland, Ward, Winkler and Upton Counties of
Texas. These properties consist of various interests in approximately 58
wells and units.
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Due to the Partnership's objective of maintaining current operations without
engaging in the drilling of any developmental or exploratory wells, or
additional acquisitions of producing properties, there has not been any
significant changes in properties during 1996, 1995 and 1994.
Significant Properties
The following table reflects the significant properties in which the
Partnership has an interest:
Date
Name and Purchased No. of Proved Reserves*
Location and Interest Wells Oil (bbls) Gas (mcf)
Mewbourne 1/87 at 50% 7 77,561 485,295
Crane County, to 100% net
Texas profits
interests
Damson-Rhoda 12/86 at 44% 7 116,591 484,490
Walker to 100% net
Ward County, profits
Texas interests
Union Texas 12/86 at 3% 7 68,473 483,428
Upton County, to 50% net
Texas profits
interests
*The reserve estimates were prepared as of January 1, 1997, by Donald R.
Creamer, P.E., an independent registered petroleum engineer. The reserve
estimates were made in accordance with guidelines established by the
Securities and Exchange Commission pursuant to Rule 4-10(a) of Regulation S-
X. Such guidelines require oil and gas reserve reports be prepared under
existing economic and operation conditions, price and costs, as of the date
the estimation is made. Prices may include consideration of changes in
existing price provided only by contractual arrangements, but not on
escalations based upon future conditions.
An oil price of $24.73 per barrel was used in the preparation of the reserve
report as of January 1, 1997. The West Texas Intermediate posted price at
December 31, 1996 of $24.25 was used as the beginning basis for the oil
price. Oil price adjustments from $24.25 per barrel were made in the
individual evaluations to allow for the average difference between recent
prices actually received (current prices) and the West Texas Intermediate
posted price on the sales date. This effectively adjusts for temperature,
gravity, transportation and impurities on an individual property basis to
arrive at a fair value for the selling price.
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A gas price of $4.08 per mcf was used in the preparation of the reserve
report as of January 1, 1997. The El Paso Permian Basin Index posted price
at December 31, 1996 of $3.59 was used as the beginning basis for the gas
price. Gas price adjustments from $3.59 per mcf were made in the individual
evaluations to allow for the average difference between recent prices
actually received (current prices) and the El Paso Permian Basin Index posted
price on the sales date. This effectively adjusts for temperature, gravity,
transportation and impurities on an individual property basis to arrive at a
fair value for the selling price.
As also discussed in Part II, Item 7, Management's Discussion and Analysis of
Financial Condition and Results of Operations, oil and gas prices were
subject to frequent changes in 1996.
The evaluation of oil and gas properties is not an exact science and
inevitably involves a significant degree of uncertainty, particularly with
respect to the quantity of oil or gas that any given property is capable of
producing. Estimates of oil and gas reserves are based on available
geological and engineering data, the extent and quality of which may vary in
each case and, in certain instances, may prove to be inaccurate.
Consequently, properties may be depleted more rapidly than the geological and
engineering data have indicated.
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Unanticipated depletion, if it occurs, will result in lower reserves than
previously estimated; thus an ultimately lower return for the Partnership.
Basic changes in past reserve estimates occur annually. As new data is
gathered during the subsequent year, the engineer must revise his earlier
estimates. A year of new information, which is pertinent to the estimation
of future recoverable volumes, is available during the subsequent year
evaluation. In applying industry standards and procedures, the new data may
cause the previous estimates to be revised. This revision may increase or
decrease the earlier estimated volumes. Pertinent information gathered
during the year may include actual production and decline rates, production
from offset wells drilled to the same geologic formation, increased or
decreased water production, workovers, and changes in lifting costs, among
others. Accordingly, reserve estimates are often different from the
quantities of oil and gas that are ultimately recovered.
The Partnership has reserves which are classified as proved developed
producing and proved undeveloped. All of the proved reserves are included in
the engineering reports which evaluate the Partnership's present reserves.
Because the Partnership does not engage in drilling activities, the
development of proved undeveloped reserves is conducted pursuant to farmout
arrangements with the Managing General Partner or unrelated third parties.
Generally, the Partnership retains a carried interest such as an overriding
royalty interest under the terms of a farmout or receives cash.
The Partnership or the owners of properties in which the Partnership owns an
interest can engage in workover projects or supplementary recovery projects,
for example, to extract behind the pipe reserves which qualify as proved
developed non-producing reserves. See Part II, Item 7, Management's
Discussion and Analysis of Financial Condition and Results of Operations.
Item 3. Legal Proceedings
There are no material pending legal proceedings to which the Partnership is
a party.
Item 4. Submission of Matters to a Vote of Security Holders
No matter was submitted to a vote of security holders during the fourth
quarter of 1996 through the solicitation of proxies or otherwise.
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Part II
Item 5. Market for the Registrant's Common Equity and Related Stockholder
Matters
Market Information
Limited partnership interests, or units, in the Partnership were initially
offered and sold for a price of $1,000. Limited partner units are not traded
on any exchange and there is no public or organized trading market for them.
The Managing General Partner has become aware of certain limited and sporadic
transfers of units between limited partners and third parties, but has no
verifiable information regarding the prices at which such units have been
transferred. Further, a transferee may not become a substitute limited
partner without the consent of the Managing General Partner.
After completion of the Partnership's first full fiscal year of operations
and each year thereafter, the Managing General Partner has offered and will
continue to offer to purchase each limited partner's interest in the
Partnership, at a price based on tangible assets of the Partnership, plus the
present value of the future net revenues of proved oil and gas properties,
minus liabilities with a risk factor discount of up to one-third which may be
implemented at the sole discretion of the Managing General Partner. However,
the Managing General Partner's obligation to purchase limited partner units
is limited to an expenditure of an amount not in excess of 10% of the total
limited partner units initially subscribed for by limited partners. In 1996,
230 limited partner units were tendered to and purchased by the Managing
General Partner at an average base price of $152.78 per unit. In 1995, 189
limited partner units were tendered to and purchased by the Managing General
Partner at an average base price of $129.42 per unit. In 1994, 92 limited
partner units were tendered to and purchased by the Managing General Partner
at an average base price of $145.26 per unit.
Number of Limited Partner Interest Holders
As of December 31, 1996, there were 771 holders of limited partner units in
the Partnership.
Distributions
Pursuant to Article IV, Section 4.01 of the Partnership's Certificate and
Agreement of Limited Partnership "Net Cash Flow" is distributed to the
partners on a monthly basis. "Net Cash Flow" is defined as "the cash
generated by the Partnership's investments in producing oil and gas
properties, less (i) General and Administrative Costs, (ii) Operating Costs,
and (iii) any reserves necessary to meet current and anticipated needs of the
Partnership, as determined at the sole discretion of the Managing General
Partner."
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During 1996, twelve monthly distributions were made totaling $286,113, with
$258,313 distributed to the limited partners and $27,800 to the general
partners. For the year ended December 31, 1996, distributions of $34.45 per
limited partner unit were made, based upon 7,499 limited partner units
outstanding. During 1995, twelve monthly distributions were made totaling
$186,941, with $168,841 distributed to the limited partners and $18,100 to
the general partners. For the year ended December 31, 1995, distributions of
$22.52 per limited partner unit were made, based upon 7,499 limited partner
units outstanding. For the year ended 1994, twelve monthly distributions
were made totaling $237,500, with $213,750 distributed to the limited
partners and $23,750 to the general partners. For the year ended
December 31, 1994, distributions of $28.50 per limited partner unit were
made, based upon 7,499 limited partner units outstanding.
Item 6. Selected Financial Data
The following selected financial data for the years ended December 31, 1996,
1995, 1994, 1993 and 1992 should be read in conjunction with the financial
statements included in Item 8:
Years ended December 31,
-----------------------------------------------------
1996 1995 1994 1993 1992
---- ---- ---- ---- -----
Revenues $ 464,939 321,963 358,085 554,303 615,708
Net income (loss) 213,770 14,937 (5,643) 18,586 143,286
Partners' share
of net income
(loss):
General partners 21,377 1,494 (564) 1,859 14,329
Limited partners 192,393 13,443 (5,079) 16,727 128,957
Limited partners'
net income (loss)
per unit 25.66 1.79 (0.68) 2.23 17.20
Limited partners'
cash distributions
per unit 34.45 22.52 28.50 58.98 66.09
Total assets $ 1,557,540 1,629,799 1,802,483 2,045,655 2,518,089
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Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operations
General
The Partnership was formed to acquire nonoperating interests in producing oil
and gas properties, to produce and market crude oil and natural gas produced
from such properties and to distribute any net proceeds from operations to
the general and limited partners. Net revenues from producing oil and gas
properties are not reinvested in other revenue producing assets except to the
extent that producing facilities and wells are reworked or where methods are
employed to improve or enable more efficient recovery of oil and gas
reserves. The economic life of the Partnership thus depends on the period
over which the Partnership's oil and gas reserves are economically
recoverable.
Increases or decreases in Partnership revenues and, therefore, distributions
to partners will depend primarily on changes in the prices received for
production, changes in volumes of production sold, lease operating expenses,
enhanced recovery projects, offset drilling activities pursuant to farmout
arrangements and on the depletion of wells. Since wells deplete over time,
production can generally be expected to decline from year to year.
Well operating costs and general and administrative costs usually decrease
with production declines; however, these costs may not decrease
proportionately. Net income available for distribution to the limited
partners has fluctuated over the past few years and is expected to fluctuate
in later years based on these factors.
Based on current conditions, management anticipates performing workovers
during 1997 to enhance production. The Partnership may have a slight
increase in 1997 and 1998, but thereafter, the Partnership could possibly
experience a normal decline of 8% to 10% a year.
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Results of Operations
A. General Comparison of the Years Ended December 31, 1996 and 1995
The following table provides certain information regarding performance
factors for the years ended December 31, 1996 and 1995:
Year Ended Percentage
December 31, Increase
1996 1995 (Decrease)
---- ---- ----------
Average price per barrel of oil $ 22.20 17.34 28%
Average price per mcf of gas $ 2.61 1.92 36%
Oil production in barrels 29,300 31,200 (6%)
Gas production in mcf 152,700 193,700 (21%)
Income from net profits interests $ 463,630 320,832 45%
Partnership distributions $ 286,113 186,941 53%
Limited partner distributions $ 258,313 168,841 53%
Per unit distribution to limited partners $ 34.45 22.52 53%
Number of limited partner units 7,499 7,499
Revenues
The Partnership's income from net profits interests increased to $463,630
from $320,832 for the years ended December 31, 1996 and 1995, respectively,
an increase of 45%. The principal factors affecting the comparison of the
years ended December 31, 1996 and 1995 are as follows:
1. The average price for a barrel of oil received by the Partnership
increased during the year ended December 31, 1996 as compared to the year
ended December 31, 1995 by 28%, or $4.86 per barrel, resulting in an
increase of approximately $151,600 in income from net profits interests.
Oil sales represented 62% of total oil and gas sales during the year
ended December 31, 1996 as compared to 59% during the year ended December
31, 1995.
The average price for an mcf of gas received by the Partnership increased
during the same period by 36%, or $.69 per mcf, resulting in an increase
of approximately $133,700 in income from net profits interests.
The total increase in income from net profits interests due to the change
in prices received from oil and gas production is approximately $285,300.
The market price for oil and gas has been extremely volatile over the
past decade, and management expects a certain amount of volatility to
continue in the foreseeable future.
2. Oil production decreased approximately 1,900 barrels or 6% during the
year ended December 31, 1996 as compared to the year ended December 31,
1995, resulting in a decrease of approximately $42,200 in income from net
profits interests.
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Gas production decreased approximately 41,000 mcf or 21% during the same
period, resulting in a decrease of approximately $107,000 in income from
net profits interests.
The total decrease in income from net profits interests due to the change
in production is approximately $149,200. The decrease is primarily
attributable to downhole problems causing the loss of one well, another
well being shut-in due to mechanical failures that were uneconomical to
repair and property sales.
3. Lease operating costs and production taxes were 1% lower, or
approximately $7,800 less during the year ended December 31, 1996 as
compared to the year ended December 31, 1995.
Costs and Expenses
Total costs and expenses decreased to $251,169 from $307,026 for the years
ended December 31, 1996 and 1995, respectively, a decrease of 18%. The
decrease is the result of lower general and administrative expense and
depletion expense.
1. General and administrative costs consists of independent accounting and
engineering fees, computer services, postage, and Managing General
Partner personnel costs. General and administrative costs decreased 2%
or approximately $2,900 during the year ended December 31, 1996 as
compared to the year ended December 31, 1995.
2. Depletion expense decreased to $132,000 for the year ended December 31,
1996 from $185,000 for the same period in 1995. This represents a
decrease of 29%.
Depletion is calculated using the units of revenue method based on a
percentage of current period gross revenues to total future gross oil and
gas revenues, as estimated by the Partnership's independent petroleum
consultants.
Three factors attributed to the decline in depletion expense between the
comparative periods. One contributing factor was the increase in the
price of oil and gas used to determine the Partnership's reserves for
January 1, 1997 as compared to 1996. Another contributing factor was the
increase in property sales. The last contributing factor was due to the
impact of revisions of previous estimates on reserves. Revisions of
previous estimates can be attributed to the changes in production
performance, oil and gas price and production costs. The impact of the
revision would have decreased depletion expense approximately $30,000 as
of December 31, 1995.
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B. General Comparison of the Years Ended December 31, 1995 and 1994
The following table provides certain information regarding performance
factors for the years ended December 31, 1995 and 1994:
Year Ended Percentage
December 31, Increase
1995 1994 (Decrease)
---- ---- ----------
Average price per barrel of oil $ 17.34 16.01 8%
Average price per mcf of gas $ 1.92 1.96 (2%)
Oil production in barrels 31,200 33,200 (6%)
Gas production in mcf 193,700 219,200 (12%)
Income from net profits interests $ 320,832 356,581 (10%)
Partnership distributions $ 186,941 237,500 (21%)
Limited partner distributions $ 168,841 213,750 (21%)
Per unit distribution to limited partners $ 22.52 28.50 (21%)
Number of limited partner units 7,499 7,499
Revenues
The Partnership's income from net profits interests decreased to $320,832
from $356,581 for the years ended December 31, 1995 and 1994, respectively,
a decrease of 10%. The principal factors affecting the comparison of the
year ended December 31, 1995 and 1994 are as follows:
1. The average price for a barrel of oil received by the Partnership
increased during the year ended December 31, 1995 as compared to the
year ended December 31, 1994 by 8%, or $1.33 per barrel, resulting in an
increase of approximately $44,200 in income from net profits interests.
Oil sales represented 59% of total oil and gas sales during the year
ended December 31, 1995 as compared to 55% during the year ended
December 31, 1994.
The average price for an mcf of gas received by the Partnership
decreased during the same period by 2%, or $.04 per mcf, resulting in a
decrease of approximately $8,800 in income from net profits interests.
The net increase in income from net profits interests due to the change
in prices received from oil and gas production is approximately $35,400.
The market price for oil and gas has been extremely volatile over the
past decade, and management expects a certain amount of volatility to
continue in the foreseeable future.
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2. Oil production decreased approximately 2,000 barrels or 6% during the
year ended December 31, 1995 as compared to the year ended December 31,
1994, resulting in a decrease of approximately $34,700 in income from
net profits interests.
Gas production decreased approximately 25,500 mcf or 12% during the same
period, resulting in a decrease of approximately $49,000 in income from
net profits interests.
The total decrease in income from net profits interests due to the
change in production is approximately $83,700. The decrease is a result
of increased downtime due to mechanical failures and property sales.
3. Lease operating costs and production taxes were 2% lower, or
approximately $12,000 less during the year ended December 31, 1995 as
compared to the year ended December 31, 1994.
Costs and Expenses
Total costs and expenses decreased to $307,026 from $363,728 for the year
ended December 31, 1995 and 1994, respectively, a decrease of 16%. The
decrease is the result of a decrease in general and administrative costs and
depletion.
1. General and administrative costs consists of independent accounting and
engineering fees, computer services, postage, and Managing General
Partner personnel costs. General and administrative costs decreased 3%
or approximately $3,700 during the year ended December 31, 1995 as
compared to the year ended December 31, 1994.
2. Depletion expense decreased to $185,000 for the year ended December 31,
1995 from $238,000 for the same period in 1994. This represents a
decrease of 22%. Depletion is calculated using the units of revenue
method of amortization based on a percentage of current gross revenues
to future gross revenues. Consequently, depletion will fluctuate in
direct relation to oil and gas revenues. As noted above, oil and gas
revenues decreased due to a decline in gas prices and oil and gas
production for the year ended December 31, 1995 as compared to the same
period for 1994. Depletion reflected a comparable decline.
<PAGE>
<PAGE>
C. Revenue and Distribution Comparison
Partnership net income or (loss) for the years ended December 31, 1996, 1995
and 1994 was $213,770 in 1996, $14,937 in 1995 and $(5,643) in 1994.
Excluding the effects of depreciation, depletion and amortization, net income
for the years ended December 31, 1996, 1995 and 1994 would have been
$345,770, $199,937 and $232,357, respectively. Correspondingly, Partnership
distributions for the years ended December 31, 1996, 1995 and 1994 were
$286,113, $186,941 and $237,500, respectively. These differences are
indicative of the changes in oil and gas prices, production and properties
during 1996, 1995 and 1994.
The sources for the 1996 distributions of $286,113 were oil and gas
operations of approximately $265,100 and property sales of $12,500, with the
balance from available cash on hand at the beginning of the period. The
sources for the 1995 distributions of $186,941 were oil and gas operations of
approximately $193,300 and property sales of approximately $1,800, resulting
in excess cash for contingencies or subsequent distributions. The sources
for the 1994 distributions of $237,500 were oil and gas operations of
approximately $250,000 and property sales of approximately $3,800, resulting
in excess cash for contingencies or subsequent distributions.
Total distributions during the year ended December 31, 1996 were $286,113 of
which $258,313 was distributed to the limited partners and $27,800 to the
general partners. The per unit distribution to limited partners during the
same period was $34.45. Total distributions during the year ended December
31, 1995 were $186,941 of which $168,841 was distributed to the limited
partners and $18,100 to the general partners. The per unit distribution to
limited partners during the same period was $22.52. Total distributions
during the year ended December 31, 1994 were $237,500 of which $213,750 was
distributed to the limited partners and $23,750 to the general partners. The
per unit distribution to limited partners during the same period was $28.50.
Since inception of the Partnership, cumulative monthly cash distributions of
$6,876,043 have been made to the partners. As of December 31, 1996,
$6,172,070 or $823.05 per limited partner unit, has been distributed to the
limited partners, representing an 82% return of the capital contributed.
<PAGE>
<PAGE>
Liquidity and Capital Resources
The primary source of cash is from operations, the receipt of income from net
profits interests in oil and gas properties. The Partnership knows of no
material change, nor does it anticipate any such change.
Cash flows provided by operating activities were approximately $265,100 in
1996 compared to approximately $193,300 in 1995 and approximately $250,000 in
1994. The primary source of the 1996 cash flow from operating activities was
profitable operations.
Cash flows provided by investing activities were approximately $12,500 in
1996 compared to approximately $1,800 in 1995 and approximately $3,800 in
1994. The principal source of the 1996 cash flow from investing activities
was the sale of oil and gas properties.
Cash flows used in financing activities were approximately $286,000 in 1996
compared to approximately $187,000 in 1995 and approximately $237,500 in
1994. The only use in financing activities was the distributions to
partners.
As of December 31, 1996, the Partnership had approximately $206,500 in
working capital. The Managing General Partner knows of no unusual
contractual commitments and believes the revenue generated from operations
are adequate to meet the needs of the Partnership.
<PAGE>
<PAGE>
Item 8. Financial Statements and Supplementary Data
Index to Financial Statements
Page
Report of Independent Accountants. . . . . . . . . . . . . . . . . . . 20
Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Statements of Operations . . . . . . . . . . . . . . . . . . . . . . . 22
Statement of Changes in Partners' Equity . . . . . . . . . . . . . . . 23
Statements of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . 24
Notes to Financial Statements. . . . . . . . . . . . . . . . . . . . . 26
<PAGE>
<PAGE>
REPORT OF INDEPENDENT ACCOUNTANTS
To the Partners
Southwest Royalties, Inc.
Income Fund V
Midland, Texas
We have audited the accompanying balance sheets of Southwest Royalties, Inc.
Income Fund V as of December 31, 1996 and 1995, and the related statements of
operations, changes in partners' equity and cash flows for each of the three
years in the period ended December 31, 1996. These financial statements are
the responsibility of the partnership's management. Our responsibility is to
express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements.
An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Southwest Royalties, Inc.
Income Fund V as of December 31, 1996 and 1995, and the results of its
operations and its cash flows for each of the three years in the period ended
December 31, 1996, in conformity with generally accepted accounting
principles.
JOSEPH DECOSIMO AND COMPANY
A Tennessee Registered Limited Liability Partnership
Chattanooga, Tennessee
March 14, 1997
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Balance Sheets
December 31, 1996 and 1995
1996 1995
---- ----
Assets
Current assets:
Cash and cash equivalents $ 16,380 24,788
Receivable from Managing General Partner 190,242 109,546
Distribution receivable - 47
--------- ---------
Total current assets 206,622 134,381
--------- ---------
Oil and gas properties - using the full-
cost method of accounting 6,159,438 6,171,938
Less accumulated depreciation,
depletion and amortization 4,808,520 4,676,520
--------- ---------
Net oil and gas properties 1,350,918 1,495,418
--------- ---------
$ 1,557,540 1,629,799
========= =========
Liabilities and Partners' Equity
Current liability - Distribution payable $ 84 -
--------- ---------
Partners' equity:
General partners (520,448) (514,025)
Limited partners 2,077,904 2,143,824
--------- ---------
Total partners' equity 1,557,456 1,629,799
--------- ---------
$ 1,557,540 1,629,799
========= =========
The accompanying notes are an integral
part of these financial statements.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Statements of Operations
Years ended December 31, 1996, 1995 and 1994
1996 1995 1994
---- ---- ----
Revenues
Income from net profits interests $ 463,630 320,832 356,581
Interest 1,309 1,131 1,504
------- ------- -------
464,939 321,963 358,085
------- ------- -------
Expenses
General and administrative 119,169 122,026 125,728
Depreciation, depletion and amortization 132,000 185,000 238,000
------- ------- -------
251,169 307,026 363,728
------- ------- -------
Net income (loss) $ 213,770 14,937 (5,643)
======= ======= =======
Net income (loss) allocated to:
Managing General Partner $ 19,239 1,344 (508)
======= ======= =======
General partner $ 2,138 150 (56)
======= ======= =======
Limited partners $ 192,393 13,443 (5,079)
======= ======= =======
Per limited partner unit $ 25.66 1.79 (0.68)
======= ======= =======
The accompanying notes are an integral
part of these financial statements.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Statement of Changes in Partners' Equity
Years ended December 31, 1996, 1995 and 1994
General Limited
Partners Partners Total
-------- -------- -----
Balance at December 31, 1993 $ (473,105) 2,518,051 2,044,946
Net loss (564) (5,079) (5,643)
Distributions (23,750) (213,750) (237,500)
-------- --------- ---------
Balance at December 31, 1994 (497,419) 2,299,222 1,801,803
Net income 1,494 13,443 14,937
Distributions (18,100) (168,841) (186,941)
-------- --------- ---------
Balance at December 31, 1995 (514,025) 2,143,824 1,629,799
Net income 21,377 192,393 213,770
Distributions (27,800) (258,313) (286,113)
-------- --------- ---------
Balance at December 31, 1996 $ (520,448) 2,077,904 1,557,456
======== ========= =========
The accompanying notes are an integral
part of these financial statements.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Statements of Cash Flows
Years ended December 31, 1996, 1995 and 1994
1996 1995 1994
---- ---- ----
Cash flows from operating activities:
Cash received from income from net
profits interests $ 382,934 314,909 374,241
Cash paid to suppliers (119,169) (122,706) (125,728)
Interest received 1,309 1,131 1,504
-------- -------- --------
Net cash provided by operating
activities 265,074 193,334 250,017
-------- -------- --------
Cash provided by investing activities:
Cash received from sale of oil and gas
properties 12,500 1,791 3,750
-------- -------- --------
Cash used in financing activities:
Distributions to partners (285,982) (186,982) (237,535)
-------- -------- --------
Net increase (decrease) in cash and
cash equivalents (8,408) 8,143 16,232
Beginning of year 24,788 16,645 413
-------- -------- --------
End of year $ 16,380 24,788 16,645
======== ======== ========
(continued)
The accompanying notes are an integral
part of these financial statements.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Statements of Cash Flows, continued
Years ended December 31, 1996, 1995 and 1994
1996 1995 1994
---- ---- ----
Reconciliation of net income (loss)
to net cash provided by operating
activities:
Net income (loss) $ 213,770 14,937 (5,643)
Adjustments to reconcile net income
(loss) to net cash provided by
operating activities:
Depreciation, depletion and
amortization 132,000 185,000 238,000
(Increase) decrease in receivables (80,696) (5,923) 17,660
Decrease in payables - (680) -
------- ------- -------
Net cash provided by operating
activities $ 265,074 193,334 250,017
======= ======= =======
The accompanying notes are an integral
part of these financial statements.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
1. Summary of Significant Accounting Policies
Oil and Gas Properties
Oil and gas properties are accounted for at cost under the full-cost
method. Under this method, all productive and nonproductive costs
incurred in connection with the acquisition, exploration and development
of oil and gas reserves are capitalized. Gain or loss on the sale of
oil and gas properties is not recognized unless significant oil and gas
reserves are involved.
The Partnership's policy for depreciation, depletion and amortization of
oil and gas properties is computed under the units of revenue method.
Under the units of revenue method, depreciation, depletion and
amortization is computed on the basis of current gross revenues from
production in relation to future gross revenues, based on current
prices, from estimated production of proved oil and gas reserves.
Under the units of revenue method, the Partnership computes the
provision by multiplying the total unamortized cost of oil and gas
properties by an overall rate determined by dividing (a) oil and gas
revenues during the period by (b) the total future gross oil and gas
revenues as estimated by the Partnership's independent petroleum
consultants. It is reasonably possible that those estimates of
anticipated future gross revenues, the remaining estimated economic life
of the product, or both could be changed significantly in the near term
due to the potential fluctuation of oil and gas prices or production.
The depletion estimate would also be affected by this change.
Should the net capitalized costs exceed the estimated present value of
oil and gas reserves, discounted at 10%, such excess costs would be
charged to current expense. As of December 31, 1996, 1995 and 1994 the
net capitalized costs did not exceed the estimated present value of oil
and gas reserves.
The Partnership's interest in oil and gas properties consists of net
profits interests in proved properties located within the continental
United States. A net profits interest is created when the owner of a
working interest in a property enters into an arrangement providing that
the net profits interest owner will receive a stated percentage of the
net profit from the property. The net profits interest owner will not
otherwise participate in additional costs and expenses of the property.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
Estimates and Uncertainties
The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the
financial statements and the reported amounts of revenues and expenses
during the reporting period. Actual results could differ from those
estimates.
Syndication Costs
Syndication costs are accounted for as a reduction of partnership
equity.
Environmental Costs
The Partnership is subject to extensive federal, state and local
environmental laws and regulations. These laws, which are constantly
changing, regulate the discharge of materials into the environment and
may require the Partnership to remove or mitigate the environmental
effects of the disposal or release of petroleum or chemical substances
at various sites. Environmental expenditures are expensed or
capitalized depending on their future economic benefit. Costs which
improve a property as compared with the condition of the property when
originally constructed or acquired and costs which prevent future
environmental contamination are capitalized. Expenditures that relate
to an existing condition caused by past operations and that have no
future economic benefits are expensed. Liabilities for expenditures of
a non-capital nature are recorded when environmental assessment and/or
remediation is probable, and the costs can be reasonably estimated.
Gas Balancing
The Partnership utilizes the sales method of accounting for gas-
balancing arrangements. Under this method the Partnership recognizes
sales revenue on all gas sold. As of December 31, 1996, 1995 and 1994,
there were no significant amounts of imbalance in terms of units and
value.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
Income Taxes
No provision for income taxes is reflected in these financial
statements, since the tax effects of the Partnership's income or loss
are passed through to the individual partners.
In accordance with the requirements of Statement of Financial Accounting
Standards No. 109, "Accounting for Income Taxes", the Partnership's tax
basis in its net oil and gas properties at December 31, 1996 and 1995 is
$56,414 and $38,165, respectively, more than that shown on the
accompanying Balance Sheets in accordance with generally accepted
accounting principles.
Cash and Cash Equivalents
For purposes of the statements of cash flows, the Partnership considers
all highly liquid debt instruments purchased with a maturity of three
months or less to be cash equivalents. The Partnership maintains its
cash at one financial institution.
Number of Limited Partner Units
As of December 31, 1996, 1995 and 1994, there were 7,499 limited partner
units outstanding.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
2. Organization
Southwest Royalties, Inc. Income Fund V was organized under the laws of
the state of Tennessee on May 1, 1986, for the purpose of acquiring
producing oil and gas properties and to produce and market crude oil and
natural gas produced from such properties for a term of 50 years,
unless terminated at an earlier date as provided for in the Partnership
Agreement. The Partnership sells its oil and gas production to a
variety of purchasers with the prices it receives being dependent upon
the oil and gas economy. Southwest Royalties, Inc. serves as the
Managing General Partner and H. H. Wommack, III, as the individual
general partner. Revenues, costs and expenses are allocated as follows:
Limited General
Partners Partners
-------- --------
Interest income on capital contributions 100% -
Oil and gas sales 90% 10%
All other revenues 90% 10%
Organization and offering costs (1) 100% -
Amortization of organization costs 100% -
Property acquisition costs 100% -
Gain/loss on property disposition 90% 10%
Operating and administrative costs (2) 90% 10%
Depreciation, depletion and amortization
of oil and gas properties 90% 10%
All other costs 90% 10%
(1) All organization costs in excess of 3% of initial capital
contributions will be paid by the Managing General Partner and will
be treated as a capital contribution. The Partnership paid the
Managing General Partner an amount equal to 3% of initial capital
contributions for such organization costs.
(2) Administrative costs in any year which exceed 2% of capital
contributions shall be paid by the Managing General Partner and
will be treated as a capital contribution.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
3. Oil and Gas Properties
Costs incurred in connection with the Partnership's oil and gas
producing activities for the years ended December 31, 1996, 1995 and
1994 are as follows:
1996 1995 1994
---- ---- ----
Depreciation, depletion and
amortization $ 132,000 185,000 238,000
======= ======= =======
All of the Partnership's properties were proved when acquired.
4. Commitments and Contingent Liabilities
The Partnership is subject to various federal, state and local
environmental laws and regulations which establish standards and
requirements for protection of the environment. The Partnership cannot
predict the future impact of such standards and requirements, which are
subject to change and can have retroactive effectiveness. The
Partnership continues to monitor the status of these laws and
regulations.
As of December 31, 1996, the Partnership has not been fined, cited or
notified of any environmental violations and management is not aware of
any unasserted violations which would have a material adverse effect
upon capital expenditures, earnings or the competitive position in the
oil and gas industry.
However, the Managing General Partner does recognize by the very nature
of its business, material costs could be incurred in the near term to
bring the Partnership into total compliance. The amount of such future
expenditures is not determinable due to several factors, including the
unknown magnitude of possible contaminations, the unknown timing and
extent of the corrective actions which may be required, the
determination of the Partnership's liability in proportion to other
responsible parties and the extent to which such expenditures are
recoverable from insurance or indemnifications from prior owners of the
Partnership's properties.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
5. Related Party Transactions
A significant portion of the oil and gas properties in which the
Partnership has an interest are operated by and purchased from the
Managing General Partner. As is usual in the industry and as provided
for in the operating agreement for each respective oil and gas property
in which the Partnership has an interest, the operator is paid an amount
for administrative overhead attributable to operating such properties,
with such amounts to Southwest Royalties, Inc. as operator approximating
$98,000, $91,000 and $99,000 for the years ended December 31, 1996, 1995
and 1994, respectively. In addition, the Managing General Partner and
certain officers and employees may have an interest in some of the
properties in which the Partnership also participates.
Certain subsidiaries of the Managing General Partner perform various
oilfield services for properties in which the Partnership owns an
interest. Such services aggregated approximately $5,000, $25,000 and
$19,000 for the years ended December 31, 1996, 1995 and 1994,
respectively, and the Managing General Partner believes that these costs
are comparable to similar charges paid by the Partnership to unrelated
third parties.
Southwest Royalties, Inc., the Managing General Partner, was paid
$109,200 during 1996, 1995 and 1994, as an administrative fee, for
indirect general and administrative overhead expenses.
Receivables from Southwest Royalties, Inc., the Managing General
Partner, of $190,242 and $109,546 are from oil and gas production, net
of lease operating costs and production taxes, as of December 31, 1996
and 1995, respectively.
In addition, a director and officer of the Managing General Partner is
a partner in a law firm, with such firm providing legal services to the
Partnership approximating $1,300, $800 and $2,000 for the years ended
December 31, 1996, 1995 and 1994, respectively.
6. Major Customers and Significant Leases
Four customers purchased 35%, 23%, 15% and 10% of the Partnership's oil
and gas production during 1996. During 1995, three customers purchased
40%, 26% and 13% of the Partnership's oil and gas production. During
1994, three customers purchased 40%, 28% and 11% of the Partnership's
oil and gas production.
During 1996, no one lease accounted for more than 15% of the
Partnership's gross revenue.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
7. Estimated Oil and Gas Reserves (unaudited)
The Partnership's interest in proved oil and gas reserves is as follows:
Oil (bbls) Gas (mcf)
---------- ---------
Proved developed and undeveloped reserves -
January 1, 1994 247,000 1,735,000
Revisions of previous estimates 16,000 90,000
Production (35,000) (222,000)
------- ---------
December 31, 1994 228,000 1,603,000
Revisions of previous estimates 54,000 218,000
Production (31,000) (194,000)
Sale of minerals in place - (8,000)
------- ---------
December 31, 1995 251,000 1,619,000
Revisions of previous estimates 73,000 169,000
Production (29,000) (153,000)
Sale of minerals in place (1,000) (7,000)
------- ---------
December 31, 1996 294,000 1,628,000
======= =========
Proved developed reserves -
December 31, 1994 191,000 1,529,000
======= =========
December 31, 1995 214,000 1,545,000
======= =========
December 31, 1996 257,000 1,553,000
======= =========
All of the Partnership's reserves are located within the continental
United States.
<PAGE>
<PAGE>
Southwest Royalties, Inc. Income Fund V
(a Tennessee limited partnership)
Notes to Financial Statements
7. Estimated Oil & Gas Reserves (unaudited) - continued
The standardized measure of discounted future net cash flows relating to
proved oil and gas reserves at December 31, 1996, 1995 and 1994 is
presented below:
1996 1995 1994
Future cash inflows, net of
production and development
costs $ 6,926,000 3,733,000 3,022,000
10% annual discount for
estimated timing of cash
flows 2,722,000 1,414,000 1,089,000
--------- --------- ---------
Standardized measure of
discounted future net cash
flows $ 4,204,000 2,319,000 1,933,000
========= ========= =========
The principal sources of change in the standardized measure of
discounted future net cash flows for the years ended December 31, 1996,
1995 and 1994 are as follows:
1996 1995 1994
Sales of oil and gas produced,
net of production costs $ (781,000) (592,000) (538,000)
Changes in price 1,943,000 773,000 543,000
Revisions to estimated
production costs 457,000 (443,000) (131,000)
Sales of minerals in place (5,000) (4,000) -
Revisions of previous
quantities estimates (80,000) 425,000 (59,000)
Accretion of discount 351,000 227,000 194,000
Discounted future net
cash flows -
Beginning of year 2,319,000 1,933,000 1,924,000
--------- --------- ---------
End of year $ 4,204,000 2,319,000 1,933,000
========= ========= =========
Future net cash flows were computed using year-end prices and costs that
related to existing proved oil and gas reserves in which the Partnership
has mineral interests.
<PAGE>
<PAGE>
Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure
None.
<PAGE>
<PAGE>
Part III
Item 10. Directors and Executive Officers of the Registrant
Management of the Partnership is provided by Southwest Royalties, Inc., as
Managing General Partner. The names, ages, offices, positions and length of
service of the directors and executive officers of Southwest Royalties, Inc.
are set forth below. Each director and executive officer serves for a term
of one year. The present directors of the Managing General Partner have
served in their capacity since the Company's formation in 1983.
Name Age Position
- -------------------- --- -------------------------------------
H. H. Wommack, III 41 Chairman of the Board, President,
Chief Executive Officer, Treasurer
and Director
H. Allen Corey 41 Secretary and Director
Bill E. Coggin 42 Vice President and Chief Financial
Officer
Richard E. Masterson 43 Vice President, Exploration and
Acquisitions
Jon P. Tate 39 Vice President, Land and Assistant
Secretary
Joel D. Talley 35 Vice President, Acquisitions and
Exploitation Manager
R. Douglas Keathley 41 Vice President, Operations
H. H. Wommack, III, is Chairman of the Board, President, Chief Executive
Officer, Treasurer, principal stockholder and a director of the Managing
General Partner, and has served as its President since the Company's
organization in August, 1983. Prior to the formation of the Company, Mr.
Wommack was a self-employed independent oil producer engaged in the purchase
and sale of royalty and working interests in oil and gas leases, and the
drilling of exploratory and developmental oil and gas wells. Mr. Wommack
holds a J.D. degree from the University of Texas from which he graduated in
1980, and a B.A. from the University of North Carolina in 1977.
H. Allen Corey, a founder of the Managing General Partner, has served as the
Managing General Partner's secretary and a director since its inception. Mr.
Corey is President of Trolley Barn Brewery, Inc., a brew pub restaurant chain
based in the Southeast. Prior to his involvement with Trolley Barn, Mr.
Corey was a partner at the law firm of Miller & Martin in Chattanooga,
Tennessee. He is currently of counsel to the law firm of Baker, Donelson,
Bearman & Caldwell, with the offices in Chattanooga, Tennessee. Mr. Corey
received a J.D. degree from the Vanderbilt University Law School and B.A.
degree from the University of North Carolina at Chapel Hill.
<PAGE>
<PAGE>
Bill E. Coggin, Vice President and Chief Financial Officer, has been with the
Managing General Partner since 1985. Mr. Coggin was Controller for Rod Ric
Corporation of Midland, Texas, an oil and gas drilling company, during the
latter part of 1984. He was Controller for C.F. Lawrence & Associates, Inc.,
an independent oil and gas operator also of Midland, Texas during the early
part of 1984. Mr. Coggin taught public school for four years prior to his
business experience. Mr. Coggin received a B.S. in Education and a B.B.A.
in Accounting from Angelo State University.
Richard E. Masterson, Vice President, Exploration and Acquisitions, first
became associated with the Managing General Partner as a geological
consultant in 1985. He was employed as a petroleum geologist by Grand Banks
Energy (1980-1985), Monsanto (1977-1980) and Texaco, Inc. (1974-1976) prior
to joining the Managing General Partner. Mr. Masterson is a member of the
Society of Economic Paleontologists and Mineralogists and the West Texas
Geological Society. Mr. Masterson received his B.A. degree in Geology from
Trinity University.
Jon P. Tate, Vice President, Land and Assistant Secretary, assumed his
responsibilities with the Managing General Partner in 1989. Prior to joining
the Managing General Partner, Mr. Tate was employed by C.F. Lawrence &
Associates, Inc., an independent oil and gas company, as Land Manager from
1981 through 1989. Mr. Tate is a member of the Permian Basin Landman's
Association and received his B.B.S. degree from Hardin-Simmons University.
Joel D. Talley, Vice President, Acquisitions and Exploitation Manager,
assumed his responsibilities with the Managing General Partner on July 15,
1996. Prior to joining the Managing General Partner, Mr. Talley was employed
for four (4) years by Merit Energy Company as Acquisitions Manager and then
as Region Manager over West Texas, New Mexico and Wyoming (1992-1996) and
eight (8) years by ARCO Oil & Gas Company in various engineering positions
(1984-1992). Mr. Talley received his B.S. in Mechanical Engineering in 1984
from Texas A&M University.
R. Douglas Keathley, Vice President, Operations, assumed his responsibilities
with the Managing General Partner as a Production Engineer in October, 1992.
Prior to joining the Managing General Partner, Mr. Keathley was employed for
four (4) years by ARCO Oil & Gas Company as senior drilling engineer working
in all phases of well production (1988-1992), eight (8) years by Reading &
Bates Petroleum Company as senior petroleum engineer responsible for drilling
(1980-1988) and two (2) years by Tenneco Oil Company as drilling engineer
responsible for all phases of drilling (1978-1980). Mr. Keathley received
his B.S. in Petroleum Engineering in 1977 from the University of Oklahoma.
Key Employees
Accounting and Administrative Officer - Debbie A. Brock, age 44, assumed her
position with the Managing General Partner in 1991. Prior to joining the
Managing General Partner, Ms. Brock was employed with Western Container
Corporation as Accounting Manager (1982-1990), Synthetic Industries (Texas),
Inc. as Accounting Manager (1976-1982) and held various accounting positions
in the manufacturing industry (1971-1975). Ms. Brock received a B.B.A. from
the University of Houston.
<PAGE>
<PAGE>
Controller - Robert A. Langford, age 47, assumed his responsibilities with
the Managing General Partner in 1992. Mr. Langford received his B.B.A.
degree in Accounting in 1975 from the University of Central Arkansas. Prior
to joining the Managing General Partner, Mr. Langford was employed with
Forest Oil Corporation as Corporate Coordinator, Regional Coordinator,
Accounting Manager. He held various other positions from 1982-1992 and 1976-
1980 and was Assistant Controller of National Oil Company from 1980-1982.
Financial Reporting Manager - Bryan Dixon, C.P.A., age 30, assumed his
responsibilities with the Managing General Partner in 1992. Mr. Dixon
received his B.B.A. degree in Accounting in 1988 from Texas Tech University
in Lubbock, Texas. Prior to joining the Managing General Partner, Mr. Dixon
was employed as a Senior Auditor with Johnson, Miller & Company from 1991-
1992 and Audit Supervisor for Texas Tech University and the Texas Tech
University Health Sciences Center from 1988-1991.
Production Superintendent - Steve C. Garner, age 55, assumed his
responsibilities with the Managing General Partner as Production
Superintendent in July, 1989. Prior to joining the Managing General Partner,
Mr. Garner was employed 16 years by Shell Oil Company working in all phases
of oil field production as operations foreman, one and one-half years with
Petroleum Corporation of Delaware as Production Superintendent, six years as
an independent engineering consultant, and one year with Citation Oil & Gas
Corp. as a workover, completion and production foreman. Mr. Garner has
worked extensively in the Permian Basin oil field for the last 25 years.
Tax Manager - Carolyn Cookson, age 40, assumed her position with the Managing
General Partner in April, 1989. Prior to joining the Managing General
Partner, Ms. Cookson was employed as Director of Taxes at C.F. Lawrence &
Associates, Inc. from 1983 to 1989, and worked in public accounting at
McCleskey, Cook & Green, P.C. from 1981 to 1983 and Deanna Brady, C.P.A. from
1980 to 1981. She is a member of the Permian Basin Chapter of the Petroleum
Accountants' Society, and serves on its Board of Directors and is liaison to
the Tax Committee. Ms. Cookson received a B.B.A. in accounting from New
Mexico State University.
Vice President, Marketing - Steve J. Person, age 38, joined the Managing
General Partner in 1989. Prior to joining the Managing General Partner, Mr.
Person served as Vice President of Marketing for CRI, Inc., and was
associated with Capital Financial Group and Dean Witter (1983). He received
a B.B.A. from Baylor University in 1982 and an M.D.A. from Houston Baptist
University in 1987.
Investor Relations Manager - Sandra K. Flournoy, age 50, came to Southwest
Royalties, Inc. in 1988 from Parker & Parsley Petroleum, where she was
Assistant Manager of Investor Services and Broker/Dealer Relations for two
years. Prior to that, Ms. Flournoy was Administrative Assistant to the
Superintendent at Greenwood ISD for four years.
<PAGE>
<PAGE>
In certain instances, the Managing General Partner will engage professional
petroleum consultants and other independent contractors, including engineers
and geologists in connection with property acquisitions, geological and
geophysical analysis, and reservoir engineering. The Managing General
Partner believes that, in addition to its own "in-house" staff, the
utilization of such consultants and independent contractors in specific
instances and on an "as-needed" basis allows for greater flexibility and
greater opportunity to perform its oil and gas activities more economically
and effectively.
Item 11. Executive Compensation
The Partnership does not have any directors or executive officers. The
executive officers of the Managing General Partner do not receive any cash
compensation, bonuses, deferred compensation or compensation pursuant to any
type of plan, from the Partnership. The Managing General Partner received
$109,200 during 1996, 1995 and 1994 as an annual administrative fee.
Item 12. Security Ownership of Certain Beneficial Owners and Management
There are no limited partners who own of record, or are known by the Managing
General Partner to beneficially own, more than five percent of the
Partnership's limited partnership interests.
The Managing General Partner owns a nine percent interest in the Partnership
as a general partner. Through repurchase offers to the limited partners, the
Managing General Partner also owns 855.5 limited partner units, an 11.4%
limited partner interest. The Managing General Partner total percentage
interest ownership in the Partnership is 19.3%.
No officer or director of the Managing General Partner owns Units in the
Partnership. H. H. Wommack, III, as the individual general partner of the
Partnership, owns a one percent interest in the Partnership as a general
partner. The officers and directors of the Managing General Partner are
considered beneficial owners of the limited partner units acquired by the
Managing General Partner by virtue of their status as such. A list of
beneficial owners of limited partner units, acquired by the Managing General
Partner, is as follows:
<PAGE>
<PAGE>
Amount and
Nature of Percent
Name and Address of Beneficial of
Title of Class Beneficial Owner Ownership Class
- ------------------- --------------------------- --------------- -------
Limited Partnership Southwest Royalties, Inc. Directly Owns 11.4%
Interest Managing General Partner 855.5 Units
407 N. Big Spring Street
Midland, TX 79701
Limited Partnership H. H. Wommack, III Indirectly Owns 11.4%
Interest Chairman of the Board, 855.5 Units
President, CEO, Treasurer
and Director of Southwest
Royalties, Inc., the
Managing General Partner
407 N. Big Spring Street
Midland, TX 79701
Limited Partnership H. Allen Corey Indirectly Owns 11.4%
Interest Secretary and Director of 855.5 Units
Southwest Royalties, Inc.,
the Managing General
Partner
633 Chestnut Street
Chattanooga, TN 37450-1800
Limited Partnership Bill E. Coggin Indirectly Owns 11.4%
Interest Vice President and CFO of 855.5 Units
Southwest Royalties, Inc.,
the Managing General
Partner
407 N. Big Spring Street
Midland, TX 79701
Limited Partnership Richard E. Masterson Indirectly Owns 11.4%
Interest Vice President, Exploration 855.5 Units
and Acquisitions of
Southwest Royalties, Inc.,
the Managing General
Partner
407 N. Big Spring Street
Midland, TX 79701
Limited Partnership Jon P. Tate Indirectly Owns 11.4%
Interest Vice President, Land and 855.5 Units
Assistant Secretary of
Southwest Royalties, Inc.,
the Managing General
Partner
407 N. Big Spring Street
Midland, TX 79701
<PAGE>
<PAGE>
Amount and
Nature of Percent
Name and Address of Beneficial of
Title of Class Beneficial Owner Ownership Class
- ------------------- --------------------------- --------------- -------
Limited Partnership Joel D. Talley Indirectly Owns 11.4%
Interest Vice President, 855.5 Units
Acquisitions and
Exploitation Manager of
Southwest Royalties, Inc.,
the Managing General
Partner
407 N. Big Spring Street
Midland, TX 79701
Limited Partnership R. Douglas Keathley Indirectly Owns 11.4%
Interest Vice President, 855.5 Units
Operations of Southwest
Royalties, Inc., the
Managing General
Partner
407 N. Big Spring Street
Midland, TX 79701
There are no arrangements known to the Managing General Partner which may at
a subsequent date result in a change of control of the Partnership.
Item 13. Certain Relationships and Related Transactions
In 1996, the Managing General Partner received $109,200 as an administrative
fee. This amount is part of the general and administrative expenses incurred
by the Partnership.
In some instances the Managing General Partner and certain officers and
employees may be working interest owners in an oil and gas property in which
the Partnership also has a net profits interest. Certain properties in which
the Partnership has an interest are operated by the Managing General Partner,
which was paid approximately $98,000 for administrative overhead attributable
to operating such properties during 1996.
Certain subsidiaries of the Managing General Partner perform various oilfield
services for properties in which the Partnership owns an interest. Such
services aggregated approximately $5,000 for the year ended December 31,
1996.
The law firm of Miller & Martin, of which H. Allen Corey, an officer and
director of the Managing General Partner, is a partner, is counsel to the
Partnership. Legal services rendered by Miller & Martin to the Partnership
during 1996 were approximately $1,300, which constitutes an immaterial
portion of that firm's business. Subsequent to December 31, 1996, the
counsel to the Partnership, H. Allen Corey, became a partner in the law firm
Baker, Donelson, Bearman & Caldwell.
In the opinion of management, the terms of the above transactions are similar
to ones with unaffiliated third parties.
<PAGE>
<PAGE>
Part IV
Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K
(a)(1) Financial Statements:
Included in Part II of this report --
Report of Independent Accountants
Balance Sheets
Statements of Operations
Statement of Changes in Partners' Equity
Statements of Cash Flows
Notes to Financial Statements
(2) Schedules required by Article 12 of Regulation S-X are
either omitted because they are not applicable or because
the required information is shown in the financial
statements or the notes thereto.
(3) Exhibits:
4 (a) Certificate and Agreement of Limited Partnership
of Southwest Royalties, Inc. Income Fund V, dated
May 1, 1986. (Incorporated by reference from
Partnership's Form 10-K for the fiscal year ended
December 31, 1986.)
(b) First Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated May 21, 1986. (Incorporated
by reference from Partnership's Form 10-K for the
fiscal year ended December 31, 1986.)
(c) Second Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated July 1, 1986. (Incorporated
by reference from Partnership's Form 10-K for the
fiscal year ended December 31, 1986.)
(d) Third Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated July 17, 1986. (Incorporated
by reference from Partnership's Form 10-K for the
fiscal year ended December 31, 1986.)
(e) Fourth Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated September 8, 1986.
(Incorporated by reference from Partnership's Form
10-K for the fiscal year ended December 31, 1986.)
<PAGE>
<PAGE>
(f) Fifth Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated October 9, 1987.
(Incorporated by reference from the Partnership's
Form 10-K for the fiscal year ended December 31,
1987.)
(g) Sixth Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated September 3, 1987.
(Incorporated by reference from the Partnership's
Form 10-K for the fiscal year ended December 31,
1987.)
(h) Seventh Amendment to Certificate and Agreement of
Limited Partnership of Southwest Royalties, Inc.
Income Fund V, dated June 30, 1988. (Incorporated
by reference from the Partnership's Form 10-K for
the fiscal year ended December 31, 1988.)
(i) Eighth Amendment to the Certificate and Agreement
of Limited Partnership of Southwest Royalties,
Inc. Income Fund V, dated December 31, 1988.
(Incorporated by reference from the Partnership's
Form 10-K for the fiscal year ended December 31,
1989.)
(j) Tenth Amendment to the Certificate and Agreement
of Limited Partnership of Southwest Royalties,
Inc. Income Fund V, dated March 19, 1990.
(Incorporated by reference from the Partnership's
Form 10-K for the fiscal year ended December 31,
1990.)
(k) Eleventh Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated December 31,
1990. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1990.)
(l) Twelfth Amendment to the Certificate and Agreement
of Limited Partnership of Southwest Royalties,
Inc. Income Fund V, dated September 30, 1991.
(Incorporated by reference from the Partnership's
Form 10-K for the fiscal year ended December 31,
1991.)
(m) Thirteenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated December 31,
1991. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1992.)
<PAGE>
<PAGE>
(n) Fourteenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated March 31,
1992. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1992.)
(o) Fifteenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated June 30,
1992. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1992.)
(p) Sixteenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated November 23,
1992. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1992.)
(q) Seventeenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated April 22,
1993. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1993.)
(r) Eighteenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated September 30,
1993. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1993.)
(s) Nineteenth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated December 31,
1993. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1993.)
(t) Twentieth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated July 26,
1994. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1994.)
(u) Twenty First Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated January 18,
1995. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1994.)
<PAGE>
<PAGE>
(v) Twenty Second Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated July 26,
1995. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1995.)
(w) Twenty Third Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated January 17,
1996. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1995.)
(x) Twenty Fourth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated April 30,
1996. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1996.)
(y) Twenty Fifth Amendment to the Certificate and
Agreement of Limited Partnership of Southwest
Royalties, Inc. Income Fund V, dated September 30,
1996. (Incorporated by reference from the
Partnership's Form 10-K for the fiscal year ended
December 31, 1996.)
27 Financial Data Schedule
99 Limited Partners as of April 30, 1996
Limited Partners as of September 30, 1996
(b) Reports on Form 8-K
There were no reports filed on Form 8-K during the quarter
ended December 31, 1996.
<PAGE>
<PAGE>
Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Partnership has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
Southwest Royalties, Inc. Income Fund V, a
Tennessee limited partnership
By: Southwest Royalties, Inc., Managing
General Partner
By: /s/ H. H. Wommack, III
-----------------------------
H. H. Wommack, III, President
Date: March 26, 1997
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Partnership and in the capacities and on the dates indicated.
By: /s/ H. H. Wommack, III
-----------------------------------
H. H. Wommack, III, Chairman of the
Board, President, Chief Executive
Officer, Treasurer and Director
Date: March 26, 1997
By: /s/ H. Allen Corey
-----------------------------
H. Allen Corey, Secretary and
Director
Date: March 26, 1997
<PAGE>
<PAGE>
Exhibit Index
Item No. Description Page No.
14(a)(3) Exhibit 4(x): Twenty Fourth Amendment to the
Certificate and Agreement of Limited Partnership
of Southwest Royalties, Inc. Income Fund V, dated
April 30, 1996. 47
Exhibit 4(y): Twenty Fifth Amendment to the
Certificate and Agreement of Limited Partnership
of Southwest Royalties, Inc. Income Fund V, dated
September 30, 1996. 49
<PAGE>
<PAGE>
This Instrument Prepared By:
J. Porter Durham, Jr.
Miller & Martin
1000 Volunteer Building
832 Georgia Avenue
Chattanooga, Tennessee 37402
TWENTY FOURTH AMENDMENT TO CERTIFICATE AND AGREEMENT OF
LIMITED PARTNERSHIP OF SOUTHWEST ROYALTIES, INC.
INCOME FUND V, A TENNESSEE LIMITED PARTNERSHIP
Pursuant to the Tennessee Revised Uniform Limited Partnership Act, 62-2-1204
of the Tennessee Code Annotated, and the provisions of the Tennessee Uniform
Limited Partnership Act, being formerly 61-2-101, et seq. of the Tennessee
Code Annotated, this Twenty Fourth Amendment (the "Amendment") to the
Certificate and Agreement of Limited Partnership of Southwest Royalties, Inc.
Income V is executed to be effective as of the 30th day of April, 1996, by
and between H. H. WOMMACK, III, an individual ("General Partner"), SOUTHWEST
ROYALTIES, INC. ("Managing General Partner") (the Managing General Partner
and the General Partner, are hereinafter collectively referred to as "General
Partners"), and the General Partners as attorney-in-fact for those persons
and entities listed on Schedule 1 attached to this Amendment, whether
existing or additional limited partners (collectively the "Limited Partners")
and as attorney-in-fact for the Withdrawing Limited Partners, as defined
hereinafter.
WHEREAS, Southwest Royalties, Inc. Income V was organized as a Tennessee
limited partnership pursuant to an Agreement of Limited Partnership, as
amended from time to time, dated May 2, 1986 and recorded in Book 3197, Page
943 in the Register's Office of Hamilton County, Tennessee (the "Agreement");
and
WHEREAS, the General Partners, Limited Partners and Withdrawing Limited
Partners desire to amend the Agreement in the manner set forth herein;
NOW, THEREFORE, for and in consideration of the mutual rights and obligations
herein and other good and valuable consideration the receipt and legal
sufficiency of which are acknowledged, the parties hereto agree as follows:
1. Schedule 1 to the Agreement is hereby deleted in its entirety and
replaced by the Schedule 1 attached hereto. Those persons and entities
which were formerly listed on Schedule 1 to the Agreement but which are
not listed on the revised Schedule 1 attached hereto shall be defined
collectively as the "Withdrawing Limited Partners."
2. Except as provided herein, the Agreement is hereby constituted and
acknowledged as the controlling Agreement of Southwest Royalties, Inc.
Income Fund V.
<PAGE>
<PAGE>
IN WITNESS WHEREOF, the parties hereto acknowledge that they have executed
this Amendment to the Agreement to be effective as of the date first above
written.
GENERAL PARTNERS:
/s/ H. H. Wommack, III
By: -----------------------------------
H. H. Wommack, III, General Partner
By: SOUTHWEST ROYALTIES, INC.
Managing General Partner
/s/ H. H. Wommack, III
By: -----------------------------------
H. H. Wommack, III, President
LIMITED PARTNERS:
By: General Partners, as attorneys-in-fact for the Limited
Partners listed on Schedule 1 attached hereto and those
Withdrawing Limited Partners removed from Schedule 1
under Powers of Attorney previously granted
By: /s/ H. H. Wommack, III
-----------------------------------
H. H. Wommack, III
By: SOUTHWEST ROYALTIES, INC.
Managing General Partner
/s/ H. H. Wommack, III
By: -----------------------------------
STATE OF TEXAS )
COUNTY OF MIDLAND )
Personally appeared before me, /s/ Vonda L. Walker, Notary Public, H. H.
Wommack, III, with whom I am personally acquainted, and who acknowledged that
he executed the within instrument for the purposes therein contained for
himself and as the attorney-in-fact for the admitted and withdrawing Limited
Partners and as president of Southwest Royalties, Inc. for itself and as
attorney-in-fact for the admitted and withdrawing Limited Partners, and who
further acknowledged that he is authorized by Southwest Royalties, Inc., the
Limited Partners and the Withdrawing Limited Partners to execute this
document on its and their behalf.
Witness my hand, at office, this 16th day of May, 1996.
/s/ Vonda L. Walker
-----------------------------------
Notary Public
<PAGE>
<PAGE>
This Instrument Prepared By:
J. Porter Durham, Jr.
Miller & Martin
1000 Volunteer Building
832 Georgia Avenue
Chattanooga, Tennessee 37402
TWENTY FIFTH AMENDMENT TO CERTIFICATE AND AGREEMENT OF
LIMITED PARTNERSHIP OF SOUTHWEST ROYALTIES, INC.
INCOME FUND V, A TENNESSEE LIMITED PARTNERSHIP
Pursuant to the Tennessee Revised Uniform Limited Partnership Act, 62-2-1204
of the Tennessee Code Annotated, and the provisions of the Tennessee Uniform
Limited Partnership Act, being formerly 61-2-101, et seq. of the Tennessee
Code Annotated, this Twenty Fifth Amendment (the "Amendment") to the
Certificate and Agreement of Limited Partnership of Southwest Royalties, Inc.
Income V is executed to be effective as of the 30th day of September, 1996,
by and between H. H. WOMMACK, III, an individual ("General Partner"),
SOUTHWEST ROYALTIES, INC. ("Managing General Partner") (the Managing General
Partner and the General Partner, are hereinafter collectively referred to as
"General Partners"), and the General Partners as attorney-in-fact for those
persons and entities listed on Schedule 1 attached to this Amendment, whether
existing or additional limited partners (collectively the "Limited Partners")
and as attorney-in-fact for the Withdrawing Limited Partners, as defined
hereinafter.
WHEREAS, Southwest Royalties, Inc. Income V was organized as a Tennessee
limited partnership pursuant to an Agreement of Limited Partnership, as
amended from time to time, dated May 2, 1986 and recorded in Book 3197, Page
943 in the Register's Office of Hamilton County, Tennessee (the "Agreement");
and
WHEREAS, the General Partners, Limited Partners and Withdrawing Limited
Partners desire to amend the Agreement in the manner set forth herein;
NOW, THEREFORE, for and in consideration of the mutual rights and obligations
herein and other good and valuable consideration the receipt and legal
sufficiency of which are acknowledged, the parties hereto agree as follows:
1. Schedule 1 to the Agreement is hereby deleted in its entirety and
replaced by the Schedule 1 attached hereto. Those persons and entities
which were formerly listed on Schedule 1 to the Agreement but which are
not listed on the revised Schedule 1 attached hereto shall be defined
collectively as the "Withdrawing Limited Partners."
2. Except as provided herein, the Agreement is hereby constituted and
acknowledged as the controlling Agreement of Southwest Royalties, Inc.
Income Fund V.
<PAGE>
<PAGE>
IN WITNESS WHEREOF, the parties hereto acknowledge that they have executed
this Amendment to the Agreement to be effective as of the date first above
written.
GENERAL PARTNERS:
/s/ H. H. Wommack, III
By: -----------------------------------
H. H. Wommack, III, General Partner
By: SOUTHWEST ROYALTIES, INC.
Managing General Partner
/s/ H. H. Wommack, III
By: -----------------------------------
H. H. Wommack, III, President
LIMITED PARTNERS:
By: General Partners, as attorneys-in-fact for the Limited
Partners listed on Schedule 1 attached hereto and those
Withdrawing Limited Partners removed from Schedule 1
under Powers of Attorney previously granted
/s/ H. H. Wommack, III
By: -----------------------------------
H. H. Wommack, III
By: SOUTHWEST ROYALTIES, INC.
Managing General Partner
/s/ H. H. Wommack, III
By: -----------------------------------
STATE OF TEXAS )
COUNTY OF MIDLAND )
Personally appeared before me, /s/ Vonda L. Walker, Notary Public, H. H.
Wommack, III, with whom I am personally acquainted, and who acknowledged that
he executed the within instrument for the purposes therein contained for
himself and as the attorney-in-fact for the admitted and withdrawing Limited
Partners and as president of Southwest Royalties, Inc. for itself and as
attorney-in-fact for the admitted and withdrawing Limited Partners, and who
further acknowledged that he is authorized by Southwest Royalties, Inc., the
Limited Partners and the Withdrawing Limited Partners to execute this
document on its and their behalf.
Witness my hand, at office, this 23rd day of October, 1996.
/s/ Vonda L. Walker
-----------------------------------
Notary Public
<PAGE>
<PAGE>
AMENDMENTS FOLLOW AS EX-99
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Balance Sheet at December 31, 1996 and the Statement of Operations for the
Year Ended December 31, 1996 and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<CASH> 16,380
<SECURITIES> 0
<RECEIVABLES> 190,242
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 206,622
<PP&E> 6,159,438
<DEPRECIATION> 4,808,520
<TOTAL-ASSETS> 1,557,540
<CURRENT-LIABILITIES> 84
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 1,557,456
<TOTAL-LIABILITY-AND-EQUITY> 1,557,540
<SALES> 463,630
<TOTAL-REVENUES> 464,939
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 251,169
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 213,770
<INCOME-TAX> 0
<INCOME-CONTINUING> 213,770
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 213,770
<EPS-PRIMARY> 25.66
<EPS-DILUTED> 25.66
</TABLE>
RUN DATE: Wednesday March 26,1997 10:07 AM PAGE 1
SWR INCOME FUND V
I N V E S T O R L I S T I N G B Y P A R T N E R S H I P
As of 04/30/96 For Investors: ALL
-------INVESTOR---------------------- UNITS INVESTMENT
NUMBER NAME/ADDRESS BOUGHT AMOUNT
AA590 John R. Aamodt IRA 2.0000 2,000.00
5 Dover Circle
Franklin, MA 02038-1560
AB763 Shirley Abraham 2.0000 2,000.00
7016 Westbrook Avenue
Las Vegas, NV 89117-4516
AD111 Irene Russell Adams IRA 2.0000 2,000.00
4337 Lake Laurel Dr.
Smyrna, GA 30080
AG430 Robert C. Agin IRA 15.0000 15,000.00
2388 Cherry Spring Cove
Cordova, TN 38018
AH270 Ahearn, Campbell, & Hughes Inc 6.0000 6,000.00
Employees PSP
c/o ACH Pension Consultants
6200 East 14th Street, B-200
Tucson, AZ 85711
AK430 Jackson Akimoto 5.0000 5,000.00
1202 E. Pike Unit #610
Seattle, WA 98122
AK430 Jackson Akimoto 5.0000 5,000.00
1202 E. Pike Unit #610
Seattle, WA 98122
AL570 Maxine Y. Allen IRA 5.0000 5,000.00
10654 Forest Ave. South
Seattle, WA 98178
AL571 J. Norris Allen 35.0000 35,000.00
3400 Knollwood Court
Buford, GA 30518
AL572 George & Lucie Allis 27.0000 27,000.00
2615 Ross Lane
Eugene, OR 97404
AL573 Leroy Allen, M.D. 34.0000 34,000.00
1603 Ridge Road
Raleigh, NC 27607
AM112 N. J. Amar, M.D. IRA 15.0000 15,000.00
<PAGE>
813 Forest Oaks Circle
Waco, TX 76712
AM210 Cecilia Luz Ambrosia 3.0000 3,000.00
Erlinda B. Corpuz-Ambrosia
Custodian
300 Hospital Dr.
Spencer, WV 25276
AM236 Robert O. Hoover & Alex Gaynes 60.0000 60,000.00
TTEES for AMCEP, Inc. Profit
Sharing Plan and Trust
4484 E. Tennessee St.
Tucson, AZ 85714
AM632 The Jerry L. Amo Family Trust 25.0000 25,000.00
dated 9/21/87 Jerry L. &
Shirley A. Amo Trustees
43 Calle Lista
Rancho Mirage, CA 92270
AM636 Nancy M. Amos IRA 2.5000 2,500.00
604 Emerywood Drive
High Point, NC 27262
AN112 Virender Anand, M.D. 10.0000 10,000.00
P. O. Box 130
Hohenwald, TN 38462
AN25S Donald W. Anderson IRA 4.0000 4,000.00
Star Route 3
Ripley, WV 25271
AN268 Valerie V. Andrews 15.0000 15,000.00
P. O. Box 11086
Aspen, CO 81612-9659
AN26G Janet D. Andrews IRA 2.0000 2,000.00
1706 Twin Brooks Drive
Marietta, GA 30067
AN392 Theodore Angerson IRA 6.0000 6,000.00
3730 Lillo St.
Las Vegas, NV 89103
AN792 Caroline B. Ansbacher IRA 2.5000 2,500.00
1132 W. Davis Street
Burlington, NC 27215
AP731 Richard Appel 2.0000 2,000.00
1333 New Hampshire Ave.
Washington, DC 20036
AP732 Robert W. Applegate IRA 2.0000 2,000.00
1627 Buckman Springs Road
Campo, CA 91906
AR451 Valentina Arias 1.0600 1,060.55
<PAGE>
10019 Chadsey Dr.
Whittier, CA 90603
AR592 Charliene Armstrong 5.0000 5,000.00
7 Foxhill Close
Nashville, TN 37215
AR594 Philip S. Armstrong 3.0000 3,000.00
7 Foxhill Close
Nashville, TN 37215
AR595 Philip Armstrong III 5.0000 5,000.00
#7 Foxhill Close
Nashville, TN 37215
AR632 Roberta F. Aronson IRA 2.5000 2,500.00
1580 Sandpoint Dr.
Roswell, GA 30075
AR760 Linda J. Arrington IRA 3.0000 3,000.00
3508 Talwyn Court
Charlotte, NC 28269-8678
AR799 Aronson Enterprises P/S Plan 2.5000 2,500.00
1580 Sandpoint Drive
Roswell, GA 30075-5403
AR802 James A. Arthur IRA 5.0000 5,000.00
5315 N. W. Burr Oak
Johnston, IA 50131
AS251 Blanche E. Van Asdale 10.0000 10,000.00
4504 Magnolia Cove E.
Diberville, MS 39532
AS405 George Ashkar IRA 3.5000 3,500.00
4112 N. 27th St.
Arlington, VA 22207
AS530 Charles D. Askew IRA 2.5000 2,500.00
4244 Lone Oak Road
Nashville, TN 37215-3435
AS730 Sandra Aspromonte IRA 2.0000 2,000.00
2685 So. Dayton Way #133
Denver, CO 80231
AU575 David E. Ault IRA 3.5000 3,500.00
4086 Viscount
Memphis, TN 38118
AU576 Gerald W. Ault II 75.0000 75,000.00
P. O. Box 182020
Memphis, TN 38181
AU577 Gerald W. Ault II IRA 20.0000 20,000.00
P. O. Box 182020
<PAGE>
Memphis, TN 38181
AU787 Edwin D. Austin IRA 2.0000 2,000.00
P. O. Box 501
San Diego, CA 92112
AU810 Authorized Appliance Service 5.0000 5,000.00
943 S. Gallatin St.
Jackson, MS 39203
AY571 Cecilia & Stephen Aylor 5.0000 5,000.00
Trustees, Cecilia Lewis Aylor
Revocable Trust u/a/d 11/30/94
2810 University Terrace NW
Washington, DC 20016
BA110 Rev James & Helen Baar 6.0000 6,000.00
146 Lakeview
Holland, MI 49424
BA120 Mark Bachik, Trustee 3.0000 3,000.00
FBO Marcus Brandon Bachik
c/o 708 Indian Springs Drive
Waco, TX 76708
BA212 N. S. Babu M.D. IRA 7.5000 7,500.00
1232 Vintage Place
Nashville, TN 37215
BA212 N. S. Babu M.D. IRA 15.0000 15,000.00
1232 Vintage Place
Nashville, TN 37215
BA250 R. John Badger, Jr. IRA 2.0000 2,000.00
1516 Germania Dr.
Des Moines, IA 50311
BA392 William R Bagwell Family Trust 16.0000 16,000.00
J. Gary Ciccone and Jill C.
Bagwell Trustees
2510 Raeford
Fayetteville, NC 28305
BA393 Hanna R. Bagwell 25.0000 25,000.00
1215 Summit Ave.
Washington, NC 27889
BA435 Stephen L. Baird 3.0000 3,000.00
4863 Rhea Rd.
Wichita Falls, TX 76308
BA572 Joyce F. Ball IRA 2.5000 2,500.00
2201 Golf Club Drive
Nashville, TN 37215
BA614 Sam L. Banks 8.0000 8,000.00
Chattanooga Skin & Cancer
<PAGE>
Voluntary Employee Contrib TR
300 Windmere Drive
Chattanooga, TN 37411
BA617 Granger Thomas Banks 20.0000 20,000.00
4445 Hastings Drive
Boulder, CO 80303-6614
BA61G Aileen L. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA61H Sandra K. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA61I Dana B. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA61J Samuel L. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA763 Stanley L. Barr 5.0000 5,000.00
555 Westmont #151
San Luis Obispo, CA 93401
BA767 James Bartolini IRA 2.0000 2,000.00
47 Wood Pond Road
Glastonbury, CT 06033
BA775 Mrs. D. W. Bartlett 10.0000 10,000.00
3725 Austin Avenue
Waco, TX 76710
BA781 Robert J.H. Badger 15.0000 15,000.00
703 Main Street
Montezuma, IA 50171
BA81H Boyd C. Batchelor IRA 6.0000 6,000.00
24 Northampton
Huntsville, AL 35801
BA841 Lonnie C. Baugh IRA 4.0000 4,000.00
P. O. Box 703
Vian, OK 74962-0703
BE112 Norma J. Bean IRA 2.5000 2,500.00
4936 Streamside Drive
McLeansville, NC 27301
BE115 Jack E. & Jean J. Beard 10.0000 10,000.00
1612 Falmouth Avenue
Deltona, FL 32725
BE234 Gary Becker, M.D. 7.0000 7,000.00
<PAGE>
2200 N. 25th St.
Waco, TX 76708
BE272 James E. Beebe 2.0000 2,000.00
3710 Boyd Avenue #83
San Diego, CA 92111
BE57E Christopher M. Bell IRA 9.0000 9,000.00
108 Hayes Street
Crossville, TN 38555
BE610 Robert V. Beneda IRA 3.0000 3,000.00
4433 Huntshire Dr.
Stone Mountain, GA 30083
BE611 Allan R. Bennett 10.0000 10,000.00
131 Waring Road
Memphis, TN 38117
BE611 Allan R. Bennett 10.0000 10,000.00
131 Waring Road
Memphis, TN 38117
BE613 Bessie P. Bennett 10.0000 10,000.00
Rt 1 Box 52
Leland, MS 38756
BE61Y Jessica C. Bensinger Living 3.0000 3,000.00
Trust dated December 15, 1995
Jessica C. Bensinger Trustee
955 Green Oaks Drive
Memphis, TN 38117
BE750 Berry Hill Animal Clinic PSP 2.5000 2,500.00
417 Windsor Court
Nashville, TN 37211
BE759 Ellen K. Berkowitz IRA 2.0000 2,000.00
320 Cortez Street
Tallahassee, FL 32303-5624
BE761 Janet G. Berthon IRA 4.0000 4,000.00
28423 Mud Mountain Rd.
Enumclaw, WA 98022
BE762 Joseph A. Berthon IRA 4.0000 4,000.00
28423 Mud Mountain Rd.
Enumclaw, WA 98022
BI250 Margaret E Biddle 7.5000 7,500.00
3268 Via Grande
Sacramento, CA 95825
BI571 Donna Billington IRA 2.0000 2,000.00
2124 Inverness Drive
Henderson, NV 89014
BI786 Eustace E. Bishop, Jr. 30.0000 30,000.00
<PAGE>
P. O. Box 1326
Dothan, AL 36302
BI787 Eustace E. Bishop 50.0000 50,000.00
603 N. Pontiac
Dothan, AL 36303
BI788 Davis Newton Bishop 6.0000 6,000.00
Sandra S. Bishop Custodian
3106 Fox Ridge
Dothan, AL 36303
BI789 Harrison Kimbrough Bishop 6.0000 6,000.00
Sandra S. Bishop Custodian
3106 Fox Ridge
Dothan, AL 36303
BI798 Harry R. Bissinger, Jr. IRA 2.0000 2,000.00
5174 LuPine Lane
Acworth, GA 30101-6964
BI79I William Graham Bishop 6.0000 6,000.00
229 Lake Ruby
Suwane, GA 30174
BI79K John S. Bischof 6.0000 6,000.00
465 Carybell Lane
Alpharetta, GA 30201
BL103 William & Delpha Blackwell 5.0000 5,000.00
Trustees u/a/d 6/17/86
506 14th Avenue N. E.
St. Petersburg, FL 33701
BL106 Linda T. Blanks RD 4.0000 4,000.00
5304 Stallworth Drive
Nashville, TN 37220
BL107 Carla Blankinship IRA 50.0000 50,000.00
270 Boone Road
Newman, GA 30263
BL110 Erna N. Blatt 7.5000 7,500.00
1781 Archer Court N
Plymouth, MN 55447
BL122 Virginia R. Blake, Trustee 4.0000 4,000.00
FBO Virginia R. Blake
Revocable Trust
4414 Oakcliffe Road
Greensboro, NC 27406
BL126 Carla Blankinship IRA 50.0000 50,000.00
270 Boone Road
Newman, GA 30263
BL850 Mark A. Blumenfeld IRA 7.0000 7,000.00
<PAGE>
24 Ice Pond Road
Granby, CT 06035-2626
BO230 Thomas M. Bock 3.0000 3,000.00
633 N. Ridge
Holland, MI 49423
BO278 John C. Boersema 4.0000 4,000.00
2460 Lakeshore Drive
Holland, MI 49424
BO412 Jules Bohnn 100.0000 100,000.00
1215 Barkdull Street
Houston, TX 77006
BO611 Lloyd & Beverly Bond 2.5000 2,500.00
1637 Oak Street
Eugene, OR 97401
BO617 Melvin & Elizabeth Bond 2.5000 2,500.00
Trustees FBO Melvin G. and
Elizabeth Bond Revocable
Living Trust u/a/d 5/6/91
3065 N. W. Autumn Street
Corvallis, OR 97330
BO620 Philip H. Bonardi IRA 3.0000 3,000.00
855 Academy St.
Rural Hall, NC 27045
BO633 Robert & Sandra Boothe 10.0000 10,000.00
205 Wildwood Trace
Hattiesburg, MS 39402
BO799 James Boswood IRA 2.0000 2,000.00
2710 Salmon Court
North Pole, AK 99705-7308
BO816 John T. Bottom 2.5000 2,500.00
2373 S. Stathmore
Memphis, TN 38112-3221
BO817 John T. Bottom IRA 2.5000 2,500.00
2373 S. Stathmore
Memphis, TN 38112-3221
BO964 Elizabeth C. Bowman IRA 3.0000 3,000.00
15-129th Avenue S.E.
Bellvue, WA 98005
BO964 Elizabeth C. Bowman IRA 3.0000 3,000.00
15-129th Avenue S.E.
Bellvue, WA 98005
BO96G William B. Bowman IRA 4.0000 4,000.00
2356 Rosewood Ave.
Winston Salem, NC 27103
<PAGE>
BO98C James W. Boyd 5.0000 5,000.00
11545 Falling Leaves Drive
Charlotte, NC 28277-9129
BR104 Robert Branberg 8.0000 8,000.00
732 N. 77th Street
Seattle, WA 98103
BR11E Duane Bratten IRA 2.0000 2,000.00
P. O. Box 74651
Fairbanks, AK 99707
BR11R Nancy E. Wood IRA 2.0000 2,000.00
13073 San Dimas Circle
Victorville, CA 92392-6626
BR175 William H. Brown 25.0000 25,000.00
5118 Corners Dr.
Dunwoody, GA 30338
BR27B Gerard J. Brett IRA 2.5000 2,500.00
8868 Eatonwick Fairway
Cordova, TN 38018
BR429 John E. Bridges 3.0000 3,000.00
5669 Redcoat Run
Stone Mountain, GA 30087
BR639 A. Brent & Salley M. Brower 8.0000 8,000.00
511 Spaulding Lake Drive
Greenville, SC 29615
BR63A Pamela J. Brooks 35.0000 35,000.00
3321 O'Hara Drive SW
Huntsville, AL 35801
BR640 Dale & Anne Brown 4.0000 4,000.00
9001 Bingham St.
Zeeland, MI 49464
BR655 William Brown IRA 2.0000 2,000.00
5118 Corners Drive
Dunwoody, GA 30338
BR980 James W. Bryant IRA 2.5000 2,500.00
881 S. Perkins
Memphis, TN 38117
BR981 Patricia H. Bryant IRA 2.5000 2,500.00
881 S. Perkins
Memphis, TN 38117
BR990 Bryant & Humphreys Family PST 5.0000 5,000.00
Practice FBO Robert Humphreys
5220 Park Avenue Suite 100
Memphis, TN 38119
<PAGE>
BR996 Bryant Medical Services PC 4.0000 4,000.00
Employee's PST
FBO James W. Bryant,M.D.
5220 Park Ave Suite 100
Memphis, TN 38119
BR997 Bryant Medical Service P.C. 9.0000 9,000.00
Employee's Money Purchase
FBO James Bryant,M.D.
5220 Park Avenue Suite 100
Memphis, TN 38119
BR998 Bryant & Humphreys Family 3.0000 3,000.00
Employee Money Purchase
FBO James Bryant, M.D.
5220 Park Avenue Suite 100
Memphis, TN 38119
BR999 Bryant & Humphreys Family Prac 5.0000 5,000.00
Profit Sharing Plan
FBO James Bryant
5220 Park Avenue Suite 100
Memphis, TN 38119
BU230 Alison R. Buckley IRA 2.0000 2,000.00
2240 S. Flower Way
Lakewood, CO 80227
BU233 Walter G. Buckley IRA 2.0000 2,000.00
2240 S. Flower Way
Lakewood, CO 80227
BU234 Walter G. Buckley IRA 2.0000 2,000.00
2240 S. Flower Way
Lakewood, CO 80227
BU235 Mark L. Buchly IRA 7.0000 7,000.00
440 Springvale Road
Great Falls, VA 22066
BU23F Katherine S. Bucher Trustee 18.0000 18,000.00
FBO George C. Bucher Trust
dated 8-14-89
132 E. Pasco Lane
Cocoa Beach, FL 32931
BU277 Richard Buehler IRA 2.0000 2,000.00
88586 Ellmaker Road
Veneta, OR 97487
BU610 Julia H. Bunch 3.0000 3,000.00
72 Valeria St.
Nashville, TN 37210
BU750 Patricia K. Burda 3.0000 3,000.00
12220 6th Ave. N.W.
<PAGE>
Seattle, WA 98177
BU767 James C. Burroughs 5.0000 5,000.00
4617 Robinwood Dr.
Waco, TX 76708
BU76D Michael Burky MMPP 3.0000 3,000.00
4521 Edgemere Terrace
Marietta, GA 30062-5779
BU76N Norwest Bank Texas, Waco, N.A. 7.5000 7,500.00
FBO Edward B. Burleson Trust
P. O. Box 2626
Waco, TX 76702-2626
BU76O Norwest Bank Texas, Waco, N.A. 7.5000 7,500.00
FBO Maurine Burleson Trust
P. O. Box 2626
Waco, TX 76702-2626
BU790 Marianne Bush 15.0000 15,000.00
4152 Flamingo Crest Dr., #2
Las Vegas, NV 89121
BY828 Jimmy Bytel 12.5400 12,538.45
3978 Mystral Drive
Huntington Bch, CA 92649
CA589 William W. Campbell 20.0000 20,000.00
4608 Joseph Hoskins Rd.
Summerfield, NC 27358
CA740 Thelma H. Burruss Trustee 5.0000 5,000.00
FBO Margaret B. Caplan
U/A dtd 1-11-89
5540 Tamberland Circle #113
Palm
Beach Garden, FL 33418
CA756 Martha D. Carlisle 10.0000 10,000.00
2238 Elderslie
Germantown, TN 38138
CA757 Charles Cardany IRA 2.0000 2,000.00
5530 Wisconsin Avenue #1150
Chevy Chase, MD 20815
CA759 Martha D. Carlisle IRA 6.0000 6,000.00
2238 Elderslie
Germantown, TN 38138
CA761 Anthony B. & Deann D. Carroll 3.0000 3,000.00
1515 Coral Ave.
Vero Beach, FL 32963
CA767 Larry & Cynthia Carruth 10.0000 10,000.00
3 Windwood Cove
<PAGE>
Jackson, TN 38305
CA775 Robert W. Carter IRA 10.0000 10,000.00
1347 Weymouth Lane
Charlotte, NC 28270
CA77L Ailene Card 15.0000 15,000.00
206 S. Graycroft Drive
Madison, TN 37115
CA790 Randolph & Patricia Cason 3.0000 3,000.00
Rt. 9 #4 Dronfield Ct.
Greenville, SC 29609
CE612 Central Texas Data Corp. 10.0000 10,000.00
c/o Doug Birdsong
1706 Washington
Waco, TX 76701
CH109 Gerry M. Chambers IRA 3.0000 3,000.00
9251 39th South
Seattle, WA 98118
CH111 Paul J. Charette 4.0000 4,000.00
8880 E. Broadway, Apt. 113
Tucson, AZ 85710
CH113 Chattanooga Orthorpedic Clinic 30.0000 30,000.00
725 Glenwood Dr.
#E-580 Memorial Medical Bldg
Chattanooga, TN 37404
CH114 Mark P. Charette IRA 2.0000 2,000.00
97 Chapman
Glastonbury, CT 06033
CH269 Eric D. Cheek IRA 5.0000 5,000.00
2205 New Garden Rd. Apt #3410
Greensboro, NC 27407
CH27E David L. Chesson IRA 2.5000 2,500.00
140 Riverview Court
Lexington, NC 27292-8182
CH27H Carolyn Hill Chester 5.0000 5,000.00
P. O. Box 689
Rye, NH 03870
CH767 David R. Christensen IRA 2.0000 2,000.00
7 Homestead Rd.
West Stimsbury, CT 06092
CH768 Patricia A. Christensen IRA 2.0000 2,000.00
4 Torrey Pines Court
Newnan, GA 30265
CH769 Carl W. Christensen IRA 10.0000 10,000.00
<PAGE>
4 Torrey Pines Court
Newnan, GA 30265
CI762 Dominick A. Ciraco IRA 7.5000 7,500.00
430 Mosswood Blvd
Indialantic, FL 32903
CI763 Roxanna P. Ciraco IRA 7.5000 7,500.00
430 Mosswood Blvd.
Indialantic, FL 32903
CL105 Billy M. Clark 20.0000 20,000.00
P. O. Box 211925
Augusta, GA 30717-1925
CL111 Terri R. Clark IRA 3.0000 3,000.00
24512 S.E. 387th
Enumclaw, WA 98022-6897
CO210 Ralph L. Coble IRA 20.0000 20,000.00
4105 Old Julian Rd.
Julian, NC 27283
CO23B Dixie Lee Sterling IRA 4.0000 4,000.00
4971 Lake Fjord Pass
Marietta, GA 30067
CO240 William J. Cochran, Jr. IRA 2.0000 2,000.00
220 Maplewood Road
Riverside, IL 60546
CO418 Roy W. Cohn IRA 2.5000 2,500.00
2406 Watrous Avenue
Tampa, FL 33629
CO530 Homer C. & Cynthia C. Coker 5.0000 5,000.00
2613 Cambridge Rd.
Burlington, NC 27215
CO567 August Rath Colachis IRA 5.0000 5,000.00
533 Coast Blvd South
La Jolla, CA 92037
CO570 John R. Collins, M.D. 20.0000 20,000.00
960 E. 3rd St. Ste 518
Chattanooga, TN 37403
CO571 Larry L. Cole 10.0000 10,000.00
P. O. Box 794
Hillsboro, TX 76645
CO577 Bruce L. Coleman 3.0000 3,000.00
49 Crossgate Drive
Brandon, MS 39042
CO57Y Helene A. Cole 1992 Trust 5.0000 5,000.00
dtd 3/18/92 Helen A Cole TTEE
<PAGE>
2901 Linkview Drive
Las Vegas, NV 89134
CO57Z Lucille R. Cole 2.5000 2,500.00
312 W. Illinois Street
Bellingham, WA 98225-1820
CO615 George R. & Evann Conrad 25.0000 25,000.00
1123 Breckenridge Lane
Alpharetta, GA 30202
CO620 Roy Contreras IRA 2.0000 2,000.00
1720 W. Placita Caracol
Tucson, AZ 85715
CO624 Joel M. Cook DPM 20.0000 20,000.00
Profit Sharing Plan
3804 Elvis Presley Blvd
Memphis, TN 38116
CO635 William E. Cooper, Jr. 20.0000 20,000.00
7821 Old Chester Rd.
Bethesda, MD 20817
CO638 Thomas A. Cook IRA 2.5000 2,500.00
2 Majestic Oaks Drive
Signal Mountain, TN 37377-2600
CO63R William Cooper, CFP 7.0000 7,000.00
206 C Park Lane
Austin, TX 78704
CO676 Cook, Maner & Williams,MD P.A. 30.0000 30,000.00
Employees Pension Plan
801 E. 6th Street, Suite 504
Panama City, FL 32401
CO757 W. Lee Corbett KEOGH 5.0000 5,000.00
c/o W. Lee Corbett & Assoc.
Ste 1050 American Center
3100 W. End Avenue
Nashville, TN 37203
CO765 Mr. & Mrs. Joseph Cortopassi 5.0000 5,000.00
31871 Corte Positas
Temecula, CA 92592-6481
CO766 J. Andy Corley 3.0000 3,000.00
27112 Hidden Trail
Laguna Hills, CA 92653
CO811 Mary Geniece Cotte IRA 2.0000 2,000.00
8012 Martingale Lane
Las Vegas, NV 89123
CO962 Walter S. Cowger 3.0000 3,000.00
6414 Mimosa Lane
<PAGE>
Dallas, TX 75230
CO967 Walter S. Cowger 2.5000 2,500.00
6414 Mimosa Lane
Dallas, TX 75230
CO988 Joseph F. Coyles IRA 2.5000 2,500.00
910 Meade
Greensboro, NC 27410
CR100 Raymond & Martha Crace 25.0000 25,000.00
4007 Sharon Parkway
Charlotte, NC 28211
CR105 Transcorp Pension Services 2.0000 2,000.00
FBO Curtis K. Cragg IRA
IRC-3111-OC
P. O. Box 6535
Englewood, CO 80155-6535
CR106 Linda Craig Kennedy 25.0000 25,000.00
130 York Haven Drive
Collierville, TN 38017
CR11B John D. Cranwell IRA 2.5000 2,500.00
2339 McCallie Avenue #300
Chattanooga, TN 37404
CR11G Clyde E. Cramer IRA 4.0000 4,000.00
23919 127th Avenue N.E.
Arlington, WA 98223-8223
CR122 Jacqueline Crawford 6.0000 6,000.00
800 Wooded Crest
Waco, TX 76710
CR269 Terry W. Crews IRA 3.0000 3,000.00
9191 Garland Road #1025
Dallas, TX 75218
CR430 Kay L. Eschen IRA 2.0000 2,000.00
12741 County Road 57
Hillrose, CO 80733
CR630 Joan Ellen Smith Crotty IRA 2.5000 2,500.00
681 Quaterstaff Rd.
Winston-Salem, NC 27104
CR631 Rosalie & James Crofoot, Jr. 5.0000 5,000.00
223 Superior
Wayland, MI 49348
CU759 Stacey Curtis IRA 2.0000 2,000.00
6131 Waverly Avenue
La Jolla, CA 92037
CU790 Samuel T. Cuscovitch IRA 2.0000 2,000.00
<PAGE>
147 Oakwood Dr.
Coventry, CT 06238
CV272 Gloria Cvelbar IRA 2.0000 2,000.00
2350 Mauritania Drive
Punta Gorda, FL 33983
CY250 Alice M. Cydell IRA 6.0000 6,000.00
4346 Caminito Pintoresco
San Diego, CA 92108
DA210 Mousa I. Dababnah 10.0000 10,000.00
P. O. Box 247
Beaver, WV 25813
DA611 Gordon Danielson IRA 12.0000 12,000.00
P. O. Box 186
Kanorado, KS 67741-0186
DA980 Bruce E. & Mary L. Day 14.0000 14,000.00
1614 Greer Avenue N.W.
Maple Lake, MN 55358
DE11O Maxine L. de Beck IRA 10.0000 10,000.00
4845 Gardena Avenue
San Diego, CA 92110
DE250 David A. & Rosemary Dederichs 10.0000 10,000.00
6312 Tingdale Ave.
Edina, MN 55435
DE251 Franklin Dedmon 7.0000 7,000.00
P. O. Box 266
Milan, TN 38358
DE253 John Dedmon IRA 2.5000 2,500.00
P.O. Box 30
Milan, TN 38358
DE254 John Dedmon 50.0000 50,000.00
22 O'Kenna Dr.
Jackson, TN 38305
DE256 George A. Dedmon IRA 93.0000 93,000.00
8029 Stinson Street
Milan, TN 38358
DE258 Franklin Dedmon IRA 2.5000 2,500.00
P. O. Box 266
Milan, TN 38358
DE258 Franklin Dedmon IRA 7.0000 7,000.00
P. O. Box 266
Milan, TN 38358
DE530 James C. Dekle IRA 3.0000 3,000.00
3225 Lanier Beach South
<PAGE>
Cumming, GA 30130
DE610 Marilyn & William Denison 5.0000 5,000.00
12105 Westgate
Overland Park, KS 66213
DE795 Gary Deskin IRA 2.5000 2,500.00
2422 Emerald Drive
Jonesboro, GA 30236
DE797 Lou Ella Deskin IRA 2.5000 2,500.00
2422 Emerald Drive
Jonesboro, GA 30236
DE953 Rex DeWeese 3.0000 3,000.00
P.O. Box 16
Yorba Linda, CA 92686
DE954 Resources Trust Co. 2.0000 2,000.00
FBO Gloria DeVore IRA
# I ###-##-####
P. O. Box 5900
Denver, CO 80217-5900
DE960 The DeWeese Revocable Living 20.0000 20,000.00
Trust, Samuel or Maybelle
Deweese Trustees
P. O. Box 16
Yorba Linda, CA 92686
DI574 John P. Dillow 50.0000 50,000.00
6500 Calender Rd.
Arlington, TX 76017
DI615 Raymond DiPhillips IRA 14.0000 14,000.00
1710 Lamont Street N.W.
Washington, DC 20010
DO616 L.L. Done Realty Consultant 15.1200 15,120.00
Profit Sharing Plan
Lyra L. Done, Trustee
1554 West Carmel Pointe Drive
Tucson, AZ 85737-7098
DO616 L.L. Done Realty Consultant 5.0000 5,000.00
Profit Sharing Plan
Lyra L. Done, Trustee
1554 West Carmel Pointe Drive
Tucson, AZ 85737-7098
DO619 Thomas Donald IRA 2.0000 2,000.00
3586 Audobon Street
Las Vegas, NV 89117
DO633 Anna Lisa Doodeheefuer IRA 2.5000 2,500.00
3826 Durness
Houston, TX 77025
<PAGE>
DO755 Joann D. Donn IRA 2.5000 2,500.00
3908 Collander Drive
Durham, NC 27707
DO756 Karl H. Donn IRA 2.5000 2,500.00
3908 Collander Drive
Durham, NC 27707
DO760 Jennifer Doran 9.0000 9,000.00
9400 E. Iliff Ave., #354
Denver, CO 80231-3490
DO858 Kathleen Douglass 2.0000 2,000.00
P. O. Box 956
Kotzebue, AK 99752
DO962 Kate A. Dowlen IRA 2.5000 2,500.00
6 Prentice Lane
Signal Mountain, TN 37377
DO966 C. P. Downing 100.0000 100,000.00
5301 Links Drive
Waco, TX 76708
DR435 Douglas Driver 3.0000 3,000.00
107 Forrest Park Drive
Smyrna, TN 37167-4912
DU371 Kathleen A. Duff IRA 2.0000 2,000.00
8776 E. Shea Blvd. B-3A-194
Scottsdale, AZ 85260
DU607 Ann E. Duncan 5.0000 5,000.00
282 Goodwyn St.
Memphis, TN 38111
DU608 Elizabeth Duncan Ferguson 6.0000 6,000.00
2970 Woodforest Road
Marietta, GA 30066
DU609 James H. Dunn 20.0000 20,000.00
1731 Sirrine Drive
Santa Ana, CA 92705
DU610 Linda K. Dunnaway 12.0000 12,000.00
104 East Monticello #10
Brookhaven, MS 39601
EA790 Will W. Eason III IRA 2.5000 2,500.00
713 Nichole Lane
Rocky Mount, NC 27804
EA810 Thomas E. Eaton IRA 5.0000 5,000.00
17101 Skelton Place
Dallas, TX 75248-1624
ED950 Catherine M. Edwards IRA 2.0000 2,000.00
<PAGE>
2626 NW 7th Rd
Gainesville, FL 32607-2615
ED960 Amy B. Edwards 20.0000 20,000.00
16402 Canario Drive
Houston, TX 77083
EL400 Elizabeth II Trust 30.0000 30,000.00
David McMillian TTEE
115 28th Avenue North
Nashville, TN 37203
EL575 Donald L. Ellis IRA 2.5000 2,500.00
5362 Southwood Drive
Memphis, TN 38120-1904
EL57P Margaret J. Elliott 3.0000 3,000.00
7131 - 29th S.W.
Seattle, WA 98126
EL57S Stephen L. Ellison IRA 4.0000 4,000.00
2612 Baytree Drive
Greensboro, NC 27405
ER212 E. Alan Erb IRA 6.0000 6,000.00
3213 F. Postwoods Drive , N.W.
Atlanta, GA 30339
ER633 Judy P. Eron IRA 2.5000 2,500.00
HC 65, Box 604
Alpine, TX 79830
ES730 Esperanza-The Outdoor School 10.0000 10,000.00
639 Heights Blvd
Houston, TX 77007-2523
EU209 Jackson & Patricia Eubank 10.0000 10,000.00
4804 Leeds Court
Dunwoody, GA 30338
EV110 G. B. Evans 10.0000 10,000.00
1117 Mogford
Midland, TX 79701
FA427 Helen W. Fair IRA 2.0000 2,000.00
5500 East Vassar Avenue
Denver, CO 80222-6240
FA850 Louise W. Faulkner 7.0000 7,000.00
129 Laird Rd.
Nashville, TN 37205
FA852 Willard R. Faulkner 4.0000 4,000.00
129 Laird Road
Nashville, TN 37205
FE270 Ronald L. Feenstra 3.0000 3,000.00
<PAGE>
1009 Walton Road
Franklin, TN 37069
FE769 Herman L. Ferrell 3.0000 3,000.00
1495 Lewisburg Pike
Franklin, TN 37064-1110
FI790 Robert Fisher IRA 2.0000 2,000.00
P. O. Box 5227
San Clemente, CA 92672
FI791 Patricia Fisher IRA 2.0000 2,000.00
P. O. Box 5227
San Clemente, CA 92672
FI792 Ronald W. Fisk IRA 2.0000 2,000.00
3646 Argonne Street
San Diego, CA 92117
FL630 Flowers Construction Co. PSP 20.0000 20,000.00
c/o William G. Schroeder
South Hwy 81
P. O. Box 1207
Hillsboro, TX 76645
FO571 Hilda F. Folger IRA 3.0000 3,000.00
101 Water Oak Suites
Brevard, NC 28712
FO572 John R. Folger IRA 3.0000 3,000.00
101 Water Oak Suites
Brevard, NC 28712
FO574 Teresa Foley IRA 2.5000 2,500.00
431 Halladay
Seattle, WA 98109
FO575 James G. Folks IRA 2.5000 2,500.00
951 Riverdale Drive
Graham, NC 27253
FO766 Vicki H. Forsyth 3.0000 3,000.00
16222 La Cabana
Houston, TX 77062
FR107 Barry D. Frame M.D. PSP 10.0000 10,000.00
930 Emerald Ave. Ste 719
Knoxville, TN 37917
FR11I Donald W. Frame IRA 20.0000 20,000.00
1921 Daniel Drive
Corinth, MS 38834
FR11L Richard Ellis Frazier IRA 16.0000 16,000.00
120 Professional Drive
Roanoke Rapids, NC 27870
FR120 Wilma Frazee IRA 2.0000 2,000.00
<PAGE>
783 Lander Circle
Claremont, CA 91711
FR27A Dixie Frederiksen IRA 3.0000 3,000.00
4500 Price Circle Road
Nashville, TN 37205
FR283 Nancy Joan Freeman 15.0000 15,000.00
1710 Northampton
Rowlett, TX 75088
FU250 Verne & Kathleen Fuder 10.0000 10,000.00
789 Myrtle Avenue
Holland, MI 49423
GA568 Peter Gal IRA 4.5000 4,500.00
3815 Firestone Rd.
Keernersville, NC 27284
GA569 Robert E. Gallaher 5.0000 5,000.00
2860 Armstrong Dr.
Sacramento, CA 95825
GA578 Bettie J. Gallaher IRA 24.8800 24,880.00
P. O. Box 11816
Tucson, AZ 85734-1816
GA591 Herminio L & Phoebe J Gamponia 3.0000 3,000.00
Living Trust
dtd 7/11/92
413 Green Acres Circle
Spencer, WV 25276
GA612 Jitendra G. Gandhi, M.D. IRA 8.0000 8,000.00
2339 McCallie Ave., Suite 406
Chattanooga, TN 37404
GA612 Jitendra G. Gandhi, M.D. IRA 2.5000 2,500.00
2339 McCallie Ave., Suite 406
Chattanooga, TN 37404
GA749 Sabodh Garg IRA 2.0000 2,000.00
12909 Via Esperia
Del Mar, CA 92104
GA752 Aruna Garg IRA 2.0000 2,000.00
12909 Via Esperia
Del Mar, CA 92104
GA757 Gilbert J. Garcia MD PSP 2.5000 2,500.00
2811 McLamb Place
Goldsboro, NC 27534
GA758 Katherine H. Garcia IRA 2.0000 2,000.00
5400 Vernon Walk NW
Atlanta, GA 30327
GA759 Jose A. Garcia IRA 2.0000 2,000.00
<PAGE>
980 Johnston Ferry Rd , #220
Atlanta, GA 30342
GA761 Buford & Bernice Garner 10.0000 10,000.00
3000 Grand Ave. #217
Des Moines, IA 50312
GE570 Gilbert Gelfand IRA 2.0000 2,000.00
2723 Manning Avenue
Los Angeles, CA 90064
GE614 Michael M. Gentile IRA 25.0000 25,000.00
1555 Tarpon Center Apt I-259
Venice, FL 33595
GE615 Joe G. Gentis 10.0000 10,000.00
647 River Rough Dr.
Nashville, TN 37209
GI567 Stephen Giles 2.5000 2,500.00
3060 Tokila Cove
Longwood, FL 32779
GI571 Bruce E. & Jean Gill 5.0000 5,000.00
6465 Oberlin Way
San Jose, CA 95123
GI578 Bill Gilles IRA 15.0000 15,000.00
9100 Teasley Lane L-26K
Denton, TX 76205
GI57T Evelyn K. Giles Trustee 2.5000 2,500.00
of the Evelyn K. Giles Trust
dated 6-29-95
6065 S. Verde Trail #G 206
Boca Raton, FL 33433-4412
GI582 Steven M. Gilkeson IRA 3.0000 3,000.00
9302 Crockett Road
Brentwood, TN 37027
GL115 John E. & Patricia Glasgow 5.0000 5,000.00
1773 Clearview Drive
Delta, CO 81416
GL270 Larry E. Glenn IRA 2.0000 2,000.00
4851 Alpine Dr.
Lilburn, GA 30247
GO210 Betty L. Goble IRA 2.0000 2,000.00
2148 New London Place
Snellville, GA 30278
GO270 Rudolph & Evelyn Goennewich 5.0000 5,000.00
960 Wordsworth Dr.
Roswell, GA 30075
GO370 David A. Goff 15.0000 15,000.00
<PAGE>
880 Highway 92 North
Fayetteville, GA 30214
GO571 Philip Goldhammer IRA 5.5000 5,500.00
25813 S.E. 25th Way
Issaquah, WA 98029
GO579 Robert H. Gold D.P.M.,P.A. 20.0000 20,000.00
Profit Sharing Plan
3804 Elvis Presley Blvd.
Memphis, TN 38116-4199
GO57J Robert R. Goldwin IRA 3.5000 3,500.00
5671 Shady Glen
Memphis, TN 38119
GO63I Sharon Sauls Goodwin 12.5000 12,500.00
6580 Sentry Hill Trail
Atlanta, GA 30328
GO63J Mary L. Goodman IRA 5.0000 5,000.00
6920 Somerset Farms Circle
Nashville, TN 37221-2354
GR110 Andrew L. Grady IRA 2.5000 2,500.00
7534 King Road
Fairview, TN 37062
GR111 Carol Ann Graham IRA 2.5000 2,500.00
6511 Brownlee Drive
Nashville, TN 37215
GR112 Thomas P. Graham IRA 2.5000 2,500.00
6511 Brownlee Drive
Nashville, TN 37205
GR11F John F. Graessle IRA 2.0000 2,000.00
1186 England Circle
North Pole, AK 99705
GR11L Rose Grant IRA 2.0000 2,000.00
2939 Van Ness St. N.W. #302
Washington, DC 20008
GR11M Philip Grant IRA 2.0000 2,000.00
2939 Van Ness St. N.W. #302
Washington, DC 20008
GR272 John P. Gregg & Lora Tredway 6.0000 6,000.00
6913 Rannoch Road
Bethesda, MD 20817
GR27J Dick L. Greer & Phyllis S. 5.0000 5,000.00
Greer Trustees of the Greer
Trust Agreement dtd 3/27/90
5071 Pine Street
La Mesa, CA 91941
<PAGE>
GR27U Stephen F. Gregory 16.0000 16,000.00
2216 30th Ave. S.
Nashville, TN 37212
GR27W Myron Gress 5.0000 5,000.00
3370 Edgewood Circle
Gainesville, GA 30506
GR426 Jean F. Grissim 15.0000 15,000.00
6151 Hillsboro Rd.
Nashville, TN 37215
GR630 John C. Groomes IRA 17.0000 17,000.00
912 Quail Valley Drive
Brentwood, TN 37027-5806
GR635 Thomas M. Grooms IRA 4.0000 4,000.00
3641 Glenbarry Circle
Fayetteville, NC 28314-2605
GR950 Joyce D. Maitland 16.0000 16,000.00
292 US Hwy 101
Hoquiam, WA 98550
GU436 Daphne M. Guise IRA 2.0000 2,000.00
4124 Seville Rd.
Las Vegas, NV 89121
GU437 Ralph M. Guise IRA 2.0000 2,000.00
4124 Sevile Rd.
Las Vegas, NV 89121
GU438 Teresa Guice 10.0000 10,000.00
P. O. Box 5276
Johnson City, TN 37603
GU764 John P. Gurganus 5.0000 5,000.00
P. O. Box 1566
Bay Minette, AL 36507
HA253 Phyllis L. Haddox IRA 4.0000 4,000.00
106 Holeman Avenue
Eugene, OR 97404
HA430 Phyllis J. Haines 5.0000 5,000.00
6163 Quinella Way
Centerville, OH 45459
HA573 Esther L. Hall 10.0000 10,000.00
Profit Sharing Plan
7503 West Shore Drive
Edina, MN 55435-4023
HA575 Conni C. Hallmark IRA 4.0000 4,000.00
1111 So. MacArthur Blvd.
Irving, TX 75060
<PAGE>
HA576 Carter Hallmark IRA 4.0000 4,000.00
111 S. McArthur Blvd
Irving, TX 75060
HA57P Thomas J. Hall IRA 2.0000 2,000.00
12150 Brookfield Club Drive
Roswell, GA 30075
HA610 H. Vernon & Helen W. Hannum 3.0000 3,000.00
1365 Bethany Court
Alpharetta, GA 30201
HA756 Ezra R. Harris IRA 2.5000 2,500.00
100 Yacht Club Dr.
Greenville, SC 29609
HA757 Serena J. Harris IRA 2.5000 2,500.00
100 Yacht Club Drive
Greenville, SC 29625
HA762 Roxanne D. Hart IRA 2.0000 2,000.00
11852 Caminito Corriente
San Diego, CA 92128-3317
HA76Z W.J. Hardy, Jr., Susan Hardy 10.0000 10,000.00
Estes & Marilyn Hardy Ford
228 Alyssia Lane
Jackson, MS 39212
HA77F Richard & Joanne Harris 5.0000 5,000.00
Trustees FBO Harris Living
Trust u/a/d 9/4/92
3053 Hayden Bridge Road
Springfield, OR 97477
HA850 Cosmo L. Haun M.D. 10.0000 10,000.00
2935 Thompson Mill Road
Gainesville, GA 30506
HA956 W. Sam Havron Jr. 4.0000 4,000.00
c/o Susan T. Havron
4 Fortunes Way
Signal Mountain, TN 37377-3140
HA95F W. Samuel Havron, Jr. IRA 2.5000 2,500.00
4 Fortunes Way
Signal Mtn, TN 37377
HA95F W. Samuel Havron, Jr. IRA 10.0000 10,000.00
4 Fortunes Way
Signal Mtn, TN 37377
HA95G Susan Havron IRA 2.5000 2,500.00
4 Fortunes Way
Signal Mtn, TN 37377
HA989 James E. Hays IRA 2.0000 2,000.00
<PAGE>
1445 El Camino Real #6
Burlingame, CA 94010-4720
HE122 Cecile T. Heald IRA 10.0000 10,000.00
818 West Bonnie Brae
Ontario, CA 91762
HE431 Craig R. Heim IRA 2.5000 2,500.00
P. O. Box 53
Wilmot, NH 03287
HE614 Melvin L. Henderson M.D. 6.0000 6,000.00
3601 Cape Center Drive
Fayetteville, NC 28304-4457
HE615 Reggie A. Henderson 5.0000 5,000.00
173 Beech Cove
Lexington, TN 38351
HE619 Kimberly C. Henry 10.0000 10,000.00
40 Cambridge St.
New Britain, CT 06051
HE61U Virginia L. Henderson IRA 2.0000 2,000.00
1300 W. Stuart #4
Ft. Collins, CO 80526
HE624 Marshall Hendrick IRA 2.5000 2,500.00
1955 South 100 West
Perry, UT 84302
HE764 Richard A. Herman IRA 3.0000 3,000.00
506 Summerchase Drive
Duluth, GA 30136-8007
HE791 Michael A. Hester 5.0000 5,000.00
508 Buck Ron Drive
Kernersville, NC 27284-8087
HI273 Donald G. Hiers IRA 6.0000 6,000.00
P. O. Box 5281
Johnson City, TN 37603-5281
HI57N Montgomery Stokes Hill, III 5.0000 5,000.00
37 Arden Way NE
Atlanta, GA 30342-3955
HI57T George D. Hill 2.5000 2,500.00
5618 S. 147th St.
Seattle, WA 98168-4552
HI760 Judith M. Hirsch M.D. IRA 5.0000 5,000.00
4305 South Franklin Street
Encglewood, CO 80110
HO279 Robert E. Hoehn IRA 3.0000 3,000.00
214 Second Avenue North #300
<PAGE>
Nashville, TN 37201
HO370 Stephanie Hope Hoffman 3.0000 3,000.00
c/o Kathie Hoffman
1472 W. Elmhill Circle
Salt Lake City, UT 84123
HO373 Jennifer Ann Hoffman 3.0000 3,000.00
c/o Kathie Hoffman
1472 W. Elmhill Circle
Salt Lake City, UT 84123
HO566 Wachovia Bank of N. Carolina 10.0000 10,000.00
FBO Estate of George Holt
Attn: Debra Mosgrober
P. O. Box 3080
Winston-Salem, NC 27102
HO57F Sandra Lee Holford IRA 2.0000 2,000.00
7342 E. Calle Agerrida
Tucson, AZ 85715
HO594 Ronald G. Homuth 2.0000 2,000.00
9721 Lamar St.
Spring Valley, CA 92077
HO760 Virginia J. Horowitz IRA 4.0000 4,000.00
687 Felino Way
Chula Vista, CA 91910
HO761 M. Allan Horton 5.0000 5,000.00
609 Topeka
Waco, TX 76710
HO762 Gerald N. & Merilyn L. Horton 5.0000 5,000.00
TTEES of the Horton Revocable
Trust No. 1 est 3/12/85
69411 Ramon Road #79
Cathedral City, CA 92234
HO76L David H. Horowitz MD IRA 6.0000 6,000.00
1916 Patterson Ste. 605
Nashville, TN 37203
HO810 William Lynn Hottinger IRA 2.5000 2,500.00
1925 Bramblewood Trail
Pfafftown, NC 27040
HO850 Wendy Houstoun 10.0000 10,000.00
8962 Road 74
Windsor, CO 80550
HO960 W. William Howard IRA 2.0000 2,000.00
5718 S. Kenton Street
Englewood, CO 80111
HO970 John P. Howser M.D. 30.0000 30,000.00
<PAGE>
Pension Plan Trust
3960 Knight Arnold Road #203
Memphis, TN 38118-3008
HO971 John P. Howser M.D. PSP 50.0000 50,000.00
3960 Knight Arnold Rd, Ste 203
Memphis, TN 38118-3008
HU210 Lawrence & Vencil S. Hubbard 5.0000 5,000.00
Route 1 Box 520
Lucedale, MS 39452
HU378 J. Eugene Huffstutter 5.0000 5,000.00
4229 Lundy Mountain Lane
Signal Mountain, TN 37377
HU388 Eric L. Hughes IRA 2.0000 2,000.00
4265 N. Camino Arco
Tucson, AZ 85718
HU393 Cheryl A. Hughes IRA 2.0000 2,000.00
4265 N. Camino Arco
Tucson, AZ 85718
HU410 James K. Huhta 5.0000 5,000.00
507 E. Northfield Blvd
Murfreesboro, TN 37130
HU571 Barbara Hull IRA 2.0000 2,000.00
6541 Amberly Street
San Diego, CA 92120
HU588 Alan Farley Humphreys 5.0000 5,000.00
c/o Robert A. Humphreys Cust.
2888 Carnton Drive
Germantown, TN 38138-7370
HU589 Robert Christopher Humphreys 5.0000 5,000.00
c/o Robert A. Humphreys Cust.
3888 Carnton Drive
Germantown, TN 38138-7370
HU590 French P. Humphreys, Jr. IRA 2.5000 2,500.00
330 West Presnell Street
House #1
Asheboro, NC 29203
HU730 Martin Huppert 5.0000 5,000.00
2019 N. Taylor Street
Arlington, VA 22207
HU813 Brenda J. Hutcherson IRA 3.0000 3,000.00
P. O. Box 111779
Nashville, TN 37215
HU814 Wallace T. Hutcherson IRA 3.0000 3,000.00
P. O. Box 111779
<PAGE>
Nashville, TN 37215
HU81F Community National Bank 5.0000 5,000.00
FBO Wallace J. Hutcherson IRA
a/c# 852279
Attn: Jacque Stanley
P. O. Box 210
Seneca, KS 66538
HY255 Lisbeth J. Hydrick IRA 3.0000 3,000.00
2573 Hawthorne Dr.
Atlanta, GA 30338
IN391 Ingraham Law Firm PSP 15.0000 15,000.00
2114 Parkway Towers
Nashville, TN 37215
IN950 Investment Securities 3.0000 3,000.00
7339 S. Endora Ct.
Littleton, CO 80122
JA217 A. Everette James M.D. 10.0000 10,000.00
St. James Place
P. O. Box 789
Robersonville, NC 27871
JA233 Don & Frances Jackson 3.0000 3,000.00
5908 Abbott Dr.
Nashville, TN 37211
JA23B G. Jackson Jacobs IRA 10.0000 10,000.00
318 Post Road
McMinnville, TN 37110
JA591 A. Everette James IRA 3.0000 3,000.00
St. James Place
P. O. Box 789
Robersonville, NC 27871
JA760 Jarman Foundation 35.0000 35,000.00
c/o Frank C. Ingram, Attorney
2114 Pkwy. Towers, 21st Floor
Nashville, TN 37219
JA766 Tandy M. Jarvis IRA 4.0000 4,000.00
243 Ensworth Avenue
Nashville, TN 37205
JE610 Otis D. Mitchum M.D. 29.0000 29,000.00
Westlake Professional Park #1
Geneva, AL 36340
JO212 Joel E. Jobst Trustee 3.0000 3,000.00
FBO The Jobst family Trust
3013 Bryant Ave.
Las Vegas, NV 89102
JO409 Melvin E. & Phyllis L. Johnson 50.0000 50,000.00
<PAGE>
4704 Trail Bend Circle
Fort Worth, TX 76109-1801
JO43P Norwest Bank Texas, N.A. 5.0000 5,000.00
FBO P. M. Johnston IRA
a/c# 7820161704
P. O. Box 2676
Waco, TX 76702-2626
JO613 G. Perry Jones IRA 2.0000 2,000.00
11870 Little Creek Crossing
Alpharetta, GA 30201
JO617 Ronald A. & Linda L. Jones 5.0000 5,000.00
7332 S. Quince Street
Englewood, CO 80112-1728
KA385 Judith K. Kafka IRA 2.5000 2,500.00
3225 Soundview Court N.W.
Gig Harbor, WA 98335
KA391 Kenneth & Madeleline Kagy 10.0000 10,000.00
775 Birch Ridge Drive
Roswell, GA 30076
KA571 Roger M. Kalar 10.0000 10,000.00
173 Reverknolls
Avon, CT 06001
KA571 Roger M. Kalar 2.0000 2,000.00
173 Reverknolls
Avon, CT 06001
KA590 Allan Lee Kamrath IRA 2.0000 2,000.00
2609 Larkin Place
San Diego, CA 92123
KA737 Peter R. Kaplan IRA 15.0000 15,000.00
5057 Villa Crest Drive
Nashville, TN 37220
KA850 Joan M. Kauffman IRA 5.0000 5,000.00
9545 Jiola Way
La Mesa, CA 92041
KE569 Pola Kelman 20.0000 20,000.00
5244 Boswell Ave.
Memphis, TN 38120
KE570 Kelman/Lazarov Profit Sharing 5.0000 5,000.00
3105 Clark Tower
Memphis, TN 38137
KE573 John P. Kelley IRA 2.0000 2,000.00
1501 S. Cherry Street
Denver, CO 80222
KE57N Kathleen F. Kellogg Trust 11.0000 11,000.00
<PAGE>
Kathleen F. Kellogg Trustee
UDT dtd 5/16/91
13606 Torrey Hill Court
San Diego, CA 92130
KE61R Deloris M. Kendall 2.0000 2,000.00
2601 NE 14th St. Causeway #538
Pompamo Beach, FL 33062
KE76D John R. Kern 2.5000 2,500.00
1000 Gracelawn
Brentwood, TN 37027
KE810 Robert C. Kethman IRA 4.0000 4,000.00
P. O. Box 489
Maggie Valley, NC 28751
KE812 Robert C. Kethman IRA 4.0000 4,000.00
P. O. Box 489
Maggie Valley, NC 28751
KE990 Warren B. Keyser, Jr. 4.0000 4,000.00
215 James Avenue NW
Cleveland, TN 37311-1604
KI570 John R. Kiley IRA 2.0000 2,000.00
26 Emerald
Irvine, CA 92714
KI590 Mary Lou Kimmel IRA 2.0000 2,000.00
841 W." D" Street
Ontario, CA 91762-3023
KI612 Elsie D. & Philip Kincaid 10.0000 10,000.00
736 "F" St.
Coronado, CA 92118
KI613 The Estate of Floyd W. King Jr 2.5000 2,500.00
c/o Gloria King
520 South 303rd Street
Federal Way, WA 98003
KI61M John L. King IRA 2.0000 2,000.00
3966 Central Drive
Clarkston, GA 30021
KI791 Philip D. & Phyllis Kisinger 10.0000 10,000.00
412 Orchard Circle
Route 1, Box 2K
Gobles, MI 49055
KL114 Norman G. Klasna IRA 2.0000 2,000.00
8621 W. Hampden Avenue #208
Lakewood, CO 80227
KL401 Wilma Louise Kliewer IRA 2.0000 2,000.00
382 Kudu Trail
<PAGE>
Bailey, CO 80421
KN110 New River Internal Medicine 10.0000 10,000.00
FBO John W. Knarr
810 Prospect Avenue
Pulaski, VA 24301
KN634 John D. Knox, Jr. IRA 5.0000 5,000.00
211 Chicopee Drive
Marietta, GA 30060
KN850 Transcorp Pension Services 2.0000 2,000.00
FBO William Knutson IRA
IRC-2941-OT
P. O. Box 6535
Englewood, CO 80155-6535
KO730 Walter F. & Anna E. Kopp 15.0000 15,000.00
6288 Darien Way
Spring Hill, FL 34606
KO790 Melanie M. Kosterman IRA 2.0000 2,000.00
504 Owen Drive
Fayetteville, NC 28304
KO791 Michael J. Kosterman IRA 2.0000 2,000.00
504 Owen Drive
Fayetteville, NC 28304
KO810 Charles D. Koteen IRA 2.0000 2,000.00
98 Newport Avenue
West Hartford, CT 06117
KR117 Richard Krause M.D. P.C. PSP 15.0000 15,000.00
2337 McCallie Ste 400
Chattanooga, TN 37404
KR117 Richard Krause M.D. P.C. PSP 15.0000 15,000.00
2337 McCallie Ste 400
Chattanooga, TN 37404
KR11A Richard A. Krause M.D. IRA 3.5000 3,500.00
2337 McCallie Ste 400
Chattanooga, TN 37404
KR11B Shawn K. Krause IRA 2.5000 2,500.00
6532 Forest Park Drive
Signal Mountain, TN 37377
KR270 Allyson Krebs 10.0000 10,000.00
4406 Alcott Drive
Nashville, TN 37215
KR272 John F. Krempen,M.D.PC Defined 20.0000 20,000.00
Benefit Plan,John Krempen TTEE
6980 N. Donatello Way
Tuscon, AZ 85741
<PAGE>
KR27B John F. Krempen IRA 12.0000 12,000.00
6980 N. Donatello Way
Tucson, AZ 85741
KR27C Christine Krempen IRA 12.0000 12,000.00
6980 N. Donatello Way
Tucson, AZ 85741
KR630 Christopher N. Kroha 10.0000 10,000.00
121 Seville Road
West Palm Beach, FL 33405
KR635 Marvin W. Kronenberg IRA 2.5000 2,500.00
14 Vaughan Ridge
Bloomfield Hill, MI 48304
KR852 Sylvia L. Krueger M.D. IRA 2.5000 2,500.00
P. O. Box 3296
Cleveland, TN 37320-3296
KU210 Michael E. Kubicki IRA 4.0000 4,000.00
7168 Egerton Lane
Germantown, TN 38138
KU230 Lawrence L. & Helma Kuck 4.0000 4,000.00
930 Shadybrook Drive
Holland, MI 49424
KU760 John B. Kurtin Trust 10.0000 10,000.00
Assoc. Ear, Nose & Throat
Specialties Ltd. PS
6565 E. Carondelet, Suite 300
Tucson, AZ 85710
LA112 Mary E. La Bonte IRA 2.5000 2,500.00
200 Wagner Place, #702
Memphis, TN 38103
LA215 Roger S. LaBonte IRA 2.5000 2,500.00
200 Wagner Place, Ste. 702
Memphis, TN 38103
LA593 Frederick D. Lambert IRA 10.0000 10,000.00
4705 Westgarden Blvd.
Alexandria, LA 71303
LA607 Helen Ann Landecker 20.0000 20,000.00
Wren Drive
HC 2 Box 93 M
Pequot Lakes, MN 56472-9407
LA608 Todd A. Landgren IRA 2.0000 2,000.00
1310 Estelle Lane
Newport Beach, CA 92660
LA611 Harold James Langseth IRA 2.5000 2,500.00
<PAGE>
9502 36th Avenue S.E.
Everette, WA 98208
LA850 Francis J. Laurent IRA 4.0000 4,000.00
4003 Penhurst Dr.
Marietta, GA 30062
LA961 Mary A. Lawson IRA 2.5000 2,500.00
6223 Vosswood Road
Nashville, TN 37205
LA966 Philip C. Lawton IRA 2.0000 2,000.00
3649 Maria St.
Las Vegas, NV 89121
LA995 Sheryl Lazarov 10.0000 10,000.00
8609 Timber Creek Drive
Cordova, TN 38018-6481
LA996 Alvin J. Lazarov 50.0000 50,000.00
200 Wagner Place 1408
Memphis, TN 38103
LE111 Philip Bruce Leavenworth IRA 2.0000 2,000.00
230 North Grove Street
Mt. Horeb, WI 53572-1616
LE115 George Leavesley 50.0000 50,000.00
P. O. Box 638
Coldspring, TX 77331
LE250 James P. & Marcela C. Ledesma 3.0000 3,000.00
7465 Gorge View
San Diego, CA 92120
LE269 Richard C. Lee 3.0000 3,000.00
1765 S. Salida Circle
Aurora, CO 80017-5212
LE27K Pamela Sauls Lee 12.5000 12,500.00
12570 Crabapple Road
Alpharetta, GA 30201
LE360 Bobette M. Leggott 25.0000 25,000.00
4524 Westchester
Waco, TX 76710
LE390 Beverly J. Legler IRA 2.0000 2,000.00
20610 David Avenue
Eagle River, AK 99577
LE780 Linton & Yvonne Lester 5.0000 5,000.00
1841 59th St. N.
St. Petersburg, FL 33710
LE950 Anne B. Levitt 25.0000 25,000.00
626 Melody Lane
<PAGE>
Jonesboro, AR 72401
LE960 Harold C. Le Witt 5.0000 5,000.00
6025 Ashland Dr.
Nashville, TN 37215
LI586 Hoei Bin Lim IRA 6.0000 6,000.00
1444 Cimarron Drive
Holland, MI 49423
LI591 Lee E. Limbird IRA 2.5000 2,500.00
3435 Hampton
Nashville, TN 37217
LI592 Thomas J. Limbird IRA 2.5000 2,500.00
3435 Hampton
Nashville, TN 37217
LI606 Timothy F. & Pattie L. Linder 3.0000 3,000.00
443 Lakeshore Dr.
Lexington, TN 38351
LI608 Melissa DeLane Lindsey 3.0000 3,000.00
Hubert K. Lindsey TTEE
5110 Corners Dr.
Dunwoody, GA 30338
LI609 Clayton Kenneth Lindsey 3.0000 3,000.00
Hubert K. Lindsey TTEE
5110 Corners Dr.
Dunwoody, GA 30338
LI612 George W. & Marjorie Lindsey 3.0000 3,000.00
2454 NW 198th St.
Seattle, WA 98177
LI615 H.K. & Elaine C. Lindsey 10.0000 10,000.00
5110 Corners Dr.
Dunwoody, GA 30338
LI61M Tyler T. Lindsey 3.0000 3,000.00
935 Sugar Meadow Drive
Sugarhill, GA 30518
LI620 Mozelle Linzey/Carolyn Stewart 10.0000 10,000.00
4102 E. Ray Road Unit #1198
Phoeniz, AZ 85044-4616
LO611 Ben Crocker 5.0000 5,000.00
Crocker Financial Advisors
FBO Gary W. & Diane S. Long
1601 Blake Street, Ste. 100
Denver, CO 80202
LO611 Ben Crocker 5.0000 5,000.00
Crocker Financial Advisors
FBO Gary W. & Diane S. Long
<PAGE>
1601 Blake Street, Ste. 100
Denver, CO 80202
LO612 Kay S. Long IRA 2.5000 2,500.00
1820 Buena Vista
Winston Salem, NC 27104
LO616 Diane M. Long IRA 2.5000 2,500.00
529 S. Belvedere
Memphis, TN 38104
LO617 Thomas E. Long M.D. 15.0000 15,000.00
529 S. Belvedere
Memphis, TN 38104
LO61A Thomas E. Long IRA 2.5000 2,500.00
529 S. Belvedere
Memphis, TN 38104
LO628 Pedro & Remy Lo 10.0000 10,000.00
509 Green Acres Circle
Spencer, WV 25301
LO961 Betty J. Lowe IRA 2.5000 2,500.00
718 N. Ratherford Blvd
Murfreesboro, TN 37130
LO961 Betty J. Lowe IRA 2.5000 2,500.00
718 N. Ratherford Blvd
Murfreesboro, TN 37130
LO966 Eleanor Ann Lowen IRA 2.0000 2,000.00
P. O. Box 2289
Seward, AK 99664
LU239 Kenneth J. Lucas IRA 25.0000 25,000.00
405 N. Clyde Morriss
Daytona Beach, FL 32114
LY613 Andrea Lyn 2.5000 2,500.00
120 Weatherhill Pointe
Carrboro, NC 27510
LY614 Nell M. Lynn IRA 2.0000 2,000.00
1813 Paseo Overlook Court
Las Vegas, NV 89128
LY615 Lindsay R. Lynn IRA 2.0000 2,000.00
1813 Paseo
Overlook Court
Las Vegas, NV 89128
LY630 Trent W. Lyon, Trustee 100.0000 100,000.00
Lyon Family Trust
206 Canon Drive
Santa Barbara, CA 93105-2639
MA110 Ronald A. Maas IRA 2.0000 2,000.00
<PAGE>
16108 Landmark Dr.
Whittier, CA 90604
MA23M Anne M. MacCollum IRA 20.0000 20,000.00
1515 Hummingbird Lane
Sierra Vista, AZ 85635
MA25D Radiology Group of Chattanooga 8.0000 8,000.00
PSP FBO Allen M. Mitchell, MD
1205 Laurelsprings Way
Signal Mountain, TN 37377
MA25G John G. Madden IRA 2.0000 2,000.00
120 Seville Chase
Atlanta, GA 30328
MA25H Barbara Madden IRA 2.0000 2,000.00
120 Seville Chase
Atlanta, GA 30328
MA371 Patricia Maffeo 15.0000 15,000.00
4160 Towanda Tr.
Knoxville, TN 37919
MA390 J. Henly Magee IRA 2.0000 2,000.00
3891 Wieuca Rd. NE
Atlanta, GA 30342
MA61C Eugene P. Manuel IRA 2.0000 2,000.00
P. O. Box 68
Clear, AK 99704
MA650 Beth Marchese IRA 11.0000 11,000.00
P. O. Box 8564
La Cresenta, CA 91214
MA786 Roxy Marrese, Jr. IRA 25.0000 25,000.00
6 Moss Point Drive
Ormand Beach, FL 32174
MA787 The Master Partnership 5.0000 5,000.00
c/o Dr. Jimmy Epting
P. O. Box 247
Tigerville, SC 29688
MA988 Ronald A. Maxwell IRA 5.0000 5,000.00
612 W. Burton Street
Murfreesboro, TN 37130
MC110 Wendall G. McAlexander 10.0000 10,000.00
8970 Winding Way
Germantown, TN 38138
MC111 Lois McA Finch IRA 2.5000 2,500.00
4923 Roselawn Circle
Nashville, TN 37215
MC229 Eleanor Y. McCall 10.0000 10,000.00
<PAGE>
P. O. Box 6642
High Point, NC 27262
MC230 Forrest M. McCleeary IRA 6.0000 6,000.00
3700 Lindlavista Way
Des Moines, IA 50310
MC235 Ronald C. Herrmann Trustee 20.0000 20,000.00
FBO Barbara A. McChesney
28 Hurds Hill Rd.
Southbury, CT 06488
MC23N Gary P. McCaughan M.D. Inc. 5.0000 5,000.00
Retirement Trust
Gary P. McCaughan M.D. Trustee
7918 8th Street
Downey, CA 90241
MC245 Gregg D. McClendon IRA 2.0000 2,000.00
7217 Bandolero Way
Bakersfield, CA 93308
MC256 James W. McKinney IRA 5.0000 5,000.00
308 Lynnwood Blvd
Nashville, TN 37205
MC382 Barbara B. McKee IRA 2.5000 2,500.00
RR 1 Box 121
Hughes, AR 72348-9517
MC390 Richard McGee IRA 2.5000 2,500.00
398 Arnold Road
Shelbyville, TN 37160-7301
MC531 Scott L. & Naomi M. McKay 10.0000 10,000.00
29411 - 1st Avenue S.
Federal Way, WA 98003
MC532 Grayce McKinney IRA 3.0000 3,000.00
308 Lynwood Blvd.
Nashville, TN 37205
MC569 Robert E. McLean 5.0000 5,000.00
2509 Roland Drive
Greensboro, NC 27407
MC577 J. B. McLeroy IRA 2.0000 2,000.00
5017 Grandview Dr.
Las Vegas, NV 89120
MC587 McMillan Investments 20.0000 20,000.00
Toney & David McMillan Prtnrs
P. O. Box 607
Arkadelphia, AR 71923
MC593 Toney D. McMillan IRA 3.0000 3,000.00
P. O. Box 607
<PAGE>
Arkadelphia, AR 71923
MC597 Jill J. McMillan IRA 3.0000 3,000.00
P. O. Box 607
Arkadelphia, AR 71923
MC598 Toney McMillan/David McMillan 20.0000 20,000.00
McMillan Investments
P. O. Box 607
Arkadelphia, AR 71923
MC750 John & Alma R. McQueen 10.0000 10,000.00
1230 W. Ina Rd.
Tucson, AZ 85704
MC793 Eugene H. McShane, Jr. IRA 5.0000 5,000.00
950 S. Cherry, Suite 420
Denver, CO 80222
MC810 David W. McTighe 11.5000 11,500.00
c/o Air Hong Kong, Ltd.
2nd Floor,Block 2-Tien Chu Ctr
1E Mok Cheong Street
Kowloon,
Hong Kong
MC959 Chester & Ann McWhorter 20.0000 20,000.00
4366 Good Hope Road
Decatur, MS 39327
MC964 Marilyn J. McWhorter 6.1030 6,103.00
640 Amber Place SW
Marietta, GA 30060
MC965 Marilyn J. McWhorter IRA 6.0000 6,000.00
640 Amber Place
Marietta, GA 30060
ME760 Robert V. & Eileen R. Mercer 5.0000 5,000.00
911 Pine Avenue
Frederick, MD 21701
ME814 Willard A. Metcalf IRA 2.0000 2,000.00
110 Inglewood Way
Greenville, SC 29615
ME989 Anita L. Meyer IRA 2.0000 2,000.00
650 Clayton St.
Denver, CO 80206
ME990 Edward J. Meyer IRA 4.0000 4,000.00
1554 Sundale Road
El Cajon, CA 92020
ME991 Allen E. & Caroline L. Meyer 20.0000 20,000.00
38169 North Ridge Drive
Eagan, MN 55123
<PAGE>
ME992 Sandra L. Meyer IRA 2.0000 2,000.00
1554 Sundale Rd.
El Cajon, CA 92020
ME993 Robert S. Meyer M.D. 2.5000 2,500.00
208 N. Herman Street
Goldsboro, NC 27530
MI252 Middle Tennessee Gastro- 11.0000 11,000.00
enterology Consultants P.C.
Profit Sharing Plan & Trust
1510 Hatcher Lane
Columbia, TN 38401
MI571 Deborah J. Miller IRA 2.5000 2,500.00
426 Wildwood Lane
Graham, NC 27253
MI573 Gale F. Miller IRA 2.5000 2,500.00
426 Wildwood Lane
Graham, NC 27253
MI574 Mary Jane Miller 3.0000 3,000.00
3375 E. Tompkins #156
Las Vegas, NV 89121
MI576 Donald Ray & Lona Beth Miller 50.0000 50,000.00
5032 Meadow Wood
Waco, TX 76710
MI578 Reps & Betty Miller, Jr. 50.0000 50,000.00
563 Dogwood Drive
Lilburn, GA 30247
MI579 Ronald L. Miller 6.0000 6,000.00
7604 Olcott Avenue
Bakersfield, CA 93308
MI609 Brandon Richard Minor 10.0000 10,000.00
Lynda Minor TTEE
408 Crown Ridge Pt.
Waco, TX 76712
MI610 Lynda Minor 10.0000 10,000.00
408 Crown Ridge Point
Waco, TX 76712
MI611 Melinda Ann Minor 10.0000 10,000.00
Lynda Minor TTEE
408 Crown Ridge Pt.
Waco, TX 76712
MO629 Betty G. Moore 15.0000 15,000.00
7743 Foster Ridge
Germantown, TN 38138
MO634 Betty G. Moore 10.0000 10,000.00
<PAGE>
7743 Foster Ridge
Germantown, TN 38138
MO63D Larry A. Mooney IRA 20.0000 20,000.00
3180 Woods Circle
Davis, CA 95616
MO668 Robert L. Moroy IRA 2.0000 2,000.00
1185 Forest Brook Court
Marietta, GA 30067
MO668 Robert L. Moroy IRA 2.0000 2,000.00
1185 Forest Brook Court
Marietta, GA 30067
MO760 Marcella Morales 2.2200 2,224.53
1900 Hillandale Ave.
La Habra, CA 90631
MO77I Robert L. Moroy 3.0000 3,000.00
1185 Forest Brook Ct.
Marietta, GA 30068-2826
MO810 R. Prasad Motaparthi 5.0000 5,000.00
Madhvri Motaparthi UGMATX
9901 Townridge
Waco, TX 76710
MU270 Dennis L. Mueller 15.0000 15,000.00
4221 Mary Lynn
Des Moines, IA 50322
MU582 Charles A. Mullins IRA 2.5000 2,500.00
2122 University Circle
Memphis, TN 38112
MU765 John F. Murphy 9.0000 9,000.00
3322 Shamrock Rd.
Tampa, FL 33629
MU766 Charles M. Muschany Rev. Trust 30.0000 30,000.00
Charles M. Muscany, Trustee
Trust Agreement dtd May 6 1986
4870 Retriever Circle
Anchorage, AK 99502
MU76U Mary B. Murray IRA 2.0000 2,000.00
3030 Holly Mill Road
Marietta, GA 30062
MU76V Gilbert E. Murray IRA 2.0000 2,000.00
3030 Holly Mill Road
Marietta, GA 30067
MY271 Richard C. & Joyce Myerly 5.0000 5,000.00
121 Foothills Drive
Hendersonville, NC 28792
<PAGE>
MY27A Phillip Stephen Myers 8.5000 8,500.00
5634 Vicksburg Drive
Baton Rouge, LA 70817-3133
NA210 Steven & Barbara Naber 5.0000 5,000.00
99 Bay Circle
Holland, MI 49424-6609
NA515 Mathilde M. Najjar 3.0000 3,000.00
717 Georgetown Drive
Nashville, TN 37205
NA515 Mathilde M. Najjar 2.5000 2,500.00
717 Georgetown Drive
Nashville, TN 37205
NA792 Elias N. Nasr M.D. IRA 4.0000 4,000.00
3660 20th Street Suite #2
Vero Beach, FL 32960
NE109 Clara L. Neal IRA 2.6000 2,600.00
9106 Lafayette Ct., West
Charleston, SC 29406
NE110 Clara L. Neal 15.0000 15,000.00
9106 Lafayette Ct., West
Charleston, SC 29406
NE111 John H. Neal IRA 8.2000 8,200.00
9106 Lafayette Ct., West
Charleston, SC 29406
NE570 Joan Louise Nelson IRA 2.0000 2,000.00
Arawana Newfield St.
Middletown, CT 06457
NE571 Peter Butterfield Nelson IRA 2.0000 2,000.00
Arawana Newfield St.
Middletown, CT 06457
NE573 Billy P. Nelson 10.0000 10,000.00
Rt. 1 Box 33-B
Crawford, TX 76638
NE579 Michael N. Nelson Trustee 10.0000 10,000.00
FBO Dawn D Nelson Family Trust
781 Seven Lakes Blvd.
Martinez, GA 30907
NE57N A. Stephen Nelson IRA 5.0000 5,000.00
Aranawa Newfield Street
Middleton, CT 06457
NE850 Christopher Lee Neudecker 3.0000 3,000.00
Timothy F. Linder Custodian
443 Lakeshore Drive
<PAGE>
Lexington, TN 38351
NE960 Peachtree Women's Clinic PST 20.0000 20,000.00
Zachariah B. Newton
980 Johnson Ferry Rd. NE #220
Atlanta, GA 30342
NI239 Thomas L. Nicholson Jr. IRA 3.0000 3,000.00
274 St. Johns Wood
Fayetteville, NC 28303
NI270 Russell N. Nielsen IRA 2.0000 2,000.00
P. O. Box 50576
Henderson, NV 89016
NI273 Lucille H. Nielsen IRA 2.0000 2,000.00
310 Cherry Dr.
Eugene, OR 97401
OC630 Maxine O'Connor IRA 2.0000 2,000.00
318 Evian Way
Peachtreet City, GA 30269-2725
OD273 William H. Oden IRA 5.0000 5,000.00
406 Parkway Road
Brandon, MS 39042
OL429 Robin P. Olimb IRA 2.0000 2,000.00
11454 Elbert Way
San Diego, CA 92126
OL431 Lawrence R. Oliver 4.0000 4,000.00
229 Tweedy Road
Valley Mills, TX 76689
OL434 Marylee Olivia IRA 2.7000 2,700.00
5809 Recife Way
San Jose, CA 95120
OL780 Raymond N. Olson, M.D. 20.0000 20,000.00
4319 Vistaway
Davis, CA 95616
OL797 Helen M. Olson 2.0000 2,000.00
5015 35th Avenue S #333
Minneapolis, MN 55417
ON250 Eugene G. Ondrusek 10.0000 10,000.00
10014 Ramblewood
Waco, TX 76712
ON270 William O'Neil IRA 4.0000 4,000.00
1704 Townsend Forest Lane
Brown Summit, NC 27214
OR759 Edward T. O'Reilly IRA 2.5000 2,500.00
1243 Shamrock Drive
<PAGE>
Burlington, NC 27215
OR760 Pollyanna W. O'Reilly IRA 2.5000 2,500.00
1243 Shamrock Drive
Burlington, NC 27215
OR761 Renee A. Rubenstein 20.0000 20,000.00
9111 Cliffwood
Houston, TX 77096
OR995 Eric A. Orzeck M.D. P.A. 25.0000 25,000.00
8181 North Stadium Dr. Ste 200
Houston, TX 77054
OS810 Argyle V. Ostermiller 3.0000 3,000.00
13631 E. Marina Dr. #101
Aurora, CO 80014
OS811 Ronald Ostermiller 3.0000 3,000.00
13631 E. Marina Dr. #101
Aurora, CO 80014
OT809 Margaret M. Ottley IRA 2.0000 2,000.00
932 Glenbrook Dr. NW
Atlanta, GA 30318
OW270 Joe A. Owens, II 125.0000 125,000.00
P. O. Box 21025
Waco, TX 76702
PA230 Charles & Rosemarie Packard Jr 3.0000 3,000.00
Route 9 8 Dronfield Court
Greenville, SC 29609
PA559 Vince J. Palasota 10.0000 10,000.00
P. O. Box 20725
Waco, TX 76702-0725
PA575 John R. Palumbo IRA 20.0000 20,000.00
4921 Joaquin Way
Sacramento, CA 95822
PA730 Richard N. Papike 5.0000 5,000.00
3198 Ashley Park Way
Jamul, CA 91935-1528
PA731 Larry V. Papike 5.0000 5,000.00
Combination Retirement Trust
3737 Camino Del Rio South #308
San Diego, CA 92108-4009
PA758 Annie N. Parkman 40.0000 40,000.00
P. O. Box 6235
Dothan, AL 36302
PA761 Gordon L. Partridge 10.0000 10,000.00
254 Hayden Station Rd.
<PAGE>
Windsor, CT 06095
PA76D Marjean L. Parriott IRA 4.0000 4,000.00
302 Buckingham Blvd.
Gallatin, TN 37066
PA807 R. D. Pattillo, III 20.0000 20,000.00
3501 W. Waco Dr.
Waco, TX 76710
PA812 John G. Paty PSP 2.5000 2,500.00
c/o Arthritis Association
Suite 100 Memorial Plaza
605 Glenwood Avenue
Chattanooga, TN 37404-1103
PA813 Charlotte E. Paty IRA 2.5000 2,500.00
605 Glenwood Drive
Chattanooga, TN 37404-1103
PA814 John G. Paty IRA 2.5000 2,500.00
c/o Arthritis Association
Suite 100 Memorial Plaza
605 Glenwood Avenue
Chattanooga, TN 37404-1103
PE250 David P. & Marta Pedersen 5.0000 5,000.00
3208 Merrimack Lane
Flower Mound, TX 75028
PE614 Maxene L Pentecost 15.0000 15,000.00
3605 Clubwood Trail NE
Marietta, GA 30067
PE615 Henry P. Pendergrass, M.D. 10.0000 10,000.00
512 Fishers Road
Bryn Mawr, PA 19010
PE760 John V. & Jane H. Perini TTEES 10.0000 10,000.00
u/t/d 4/19/84
824 Glenoak
Arroyo Grande, CA 93420
PE767 Alan Robert Perlman InterVivos 3.0000 3,000.00
Trust, Suzanna Perlman,Trustee
6420 Worchester Drive
Nashville, TN 37221
PE811 Melinda Peters-Jones IRA 2.0000 2,000.00
11870 Little Creek Crossing
Alpharetta, GA 30201
PE813 James D. Petrucelli 15.0000 15,000.00
653 Harpeth Trace Drive
Nashville, TN 37221-3147
PH270 Jeremy D. Phelan IRA 4.0000 4,000.00
<PAGE>
1111 Whitfield Court
Elkhart, IN 46517
PH432 Michael Phelps IRA 2.0000 2,000.00
6610 Medinah Lane
Alexandria, VA 22312-3116
PI231 Janet Marie Picard IRA 2.5000 2,500.00
P. O. Box 214975
Sacramento, CA 95821
PI280 Allen L. or Anna Mae Piersma 20.0000 20,000.00
333 Lakewood Blvd #402
Holland, MI 49423
PO102 Giog Sing T. Po Trustee for 15.0000 15,000.00
Giog Sing T. Po, M.D. and
Divina T. Po, M.D., PC PSP &TR
1210 Briarville Road #A
Madison, TN 37115
PO102 Giog Sing T. Po Trustee for 15.0000 15,000.00
Giog Sing T. Po, M.D. and
Divina T. Po, M.D., PC PSP &TR
1210 Briarville Road #A
Madison, TN 37115
PO410 Norman D. Pohll IRA 3.0000 3,000.00
86399 N. Modesto Dr.
Eugene, OR 97402
PO570 James P. & Cheryl Poling 3.0000 3,000.00
119 Lynn Circle
Ripley, WV 25271
PO760 Philip W. & Patricia Porter 10.0000 10,000.00
86 Arthur Ave. SE
Minneapolis, MN 55414
PO810 Dwight P. Potter IRA 2.5000 2,500.00
2411 S. E. 8th Place
Renton, WA 98055
PO811 Janice D. Potter IRA 4.0000 4,000.00
2411 S E 8th Place
Renton, WA 98055
PR110 Christopher A. Pratt Keogh 3.0000 3,000.00
687 Felino Way
Chula Vista, CA 91910
PR433 John R. Price 4.0000 4,000.00
5000 W. 95th Street Suite 270
P. O. Box 7368
Praire Vlg, KS 66207
PR436 Radiology Consultants Inc. 15.0000 15,000.00
<PAGE>
FBO Edward M. Priest M.D.
2nd Restated MPPP
210 25th Ave. North, Ste. 1212
Nashville, TN 37203
PR43E Edward M. Priest IRA 2.5000 2,500.00
30 Annandale Drive
Nashville, TN 37215
PR43F Virginia B. Priest IRA 2.5000 2,500.00
30 Annandale Drive
Nashville, TN 37215
PR43S Diane G. Price Trustee 8.0000 8,000.00
FBO Diane G. Price Self-
Employed PSP&T
15460 Willow Ranch Road
Powoy, CA 92064-1001
PU760 Michael G. Purcell IRA 2.0000 2,000.00
3340 Laguna Avenue
Davis, CA 95616
QU113 Joseph Patrick Qualls IRA 20.0000 20,000.00
1616 Georgetown Lane
Murfreesboro, TN 37130
QU430 Sharon D. Quinn IRA 2.0000 2,000.00
7595 E. Gunnison Place
Denver, CO 80231
QU431 Sharon D. Quinn 3.0000 3,000.00
7595 E. Gunnison Rd.
Denver, CO 80231
QU433 Louise Quillin IRA 2.0000 2,000.00
HCR 31 Box 791
Sandy Valley, NV 89019
RA253 Fred H. Rader, Jr. M.D. 6.0000 6,000.00
P. O. Box 5100
Waco, TX 76708
RA25F Natalie B. Rader 20.0000 20,000.00
2611 Polk Avenue
San Diego, CA 92104
RA570 Ralph Rais HR-10 Retirement 10.0000 10,000.00
3301 Evergreen
Anchorage, AK 99504
RA59B Mittur N. Ramprasad, M.D.P.C. 10.0000 10,000.00
FBO Mittur N. Ramprsad Self
Employed Pension Plan 4/6/84
a/c #638-47495-204
509 N. Atlantic
Tullahoma, TN 37388
<PAGE>
RA730 Jill Rappaport IRA 2.0000 2,000.00
11454 Elbert Way
San Diego, CA 92126
RA950 Prabhakara B. Ravi 5.0000 5,000.00
111 Hastings Road
Athens, AL 35611
RE266 Woodrow A. & Frances C. Reed 8.0000 8,000.00
23825-15 SE #70
Bothell, WA 98021
RE426 Michael Reichert IRA 6.0000 6,000.00
24132 Barquero
Mission Veijo, CA 92691
RI231 Virginia W. Rice 6.0000 6,000.00
P. O. Box 935
Pulaski, VA 24301
RI232 Charlotte J. Richard IRA 4.0000 4,000.00
770 Rodney Drive
Nashville, TN 37205
RI233 Wayne C. Richard IRA 3.0000 3,000.00
958 Gen. Geo Patten
Nashville, TN 37221
RI245 Gerlie Rickard 3.0000 3,000.00
108 Twin Hill Drive
Madison, TN 37115
RI393 Ren T. Riggle 30.0000 30,000.00
10202 Myers Way South
Seattle, WA 98168
RI395 Fannie Riggs IRA 2.0000 2,000.00
1270 Rockcrest Drive
Marietta, GA 30067
RO204 Jerry B. Roberts 30.0000 30,000.00
103 Buckhill Lane
Madison, MS 39110
RO21A Oswald E & Katherine G Roberts 25.0000 25,000.00
226 East Shore Drive
Little Long Lake
Hickory Corners, MI 49060
RO21D Eric A Roberts, as Trustee udt 10.0000 10,000.00
dtd 1/22/90 FBO Eric A Roberts
& Carol A Roberts as TTEES udt
dtd 1/22/90 FBO Carol Roberts
370 Oak Haven Drive
Melbourne, FL 32940
RO22D Richard R. Robertson IRA 6.0000 6,000.00
<PAGE>
3821 Winchester Loop
Anchorage, AK 99507
RO250 Dan M. Roden IRA 2.5000 2,500.00
316 Fairfax Avenue
Nashville, TN 37212-4007
RO251 Rosemary W. Roden IRA 2.5000 2,500.00
316 Fairfax Avenue
Nashville, TN 37212-4007
RO592 Duane A. Romberg IRA 2.0000 2,000.00
P. O. Box 670036
Chugiak, AK 99567-0036
RO959 Virginia M. Rowe, Cust for 3.0000 3,000.00
Christopher D. Rowe
1105 Concord Street
Chattanooga, TN 37405
RO966 William E. Rowe Sr. IRA 2.5000 2,500.00
1105 Concord Street
Chattanooga, TN 37405
RU230 Suzanne R. Horstman 3.0000 3,000.00
4597 SE Windsor Court
Stuart, FL 34997
RU730 Demarius Sue Rupp 15.0000 15,000.00
2061 Ridgeview Drive
Longmont, CO 80501
RU790 Cheryl Russell 6.0000 6,000.00
132 North Summit, #C-6
Kent, WA 98031
RU791 Mitchell H. Russell 20.0000 20,000.00
73 Sussex Drive
Lewes, DE 19958
RU792 Jack P. & Lois Rust 3.0000 3,000.00
1121 Fair Oaks Avenue
Arroyo Grande, CA 93420
RU799 Russell Family Trust 10.0000 10,000.00
Donald Edward Russell Sr.
Trustee
9625 Bullion Way
Orangevale, CA 95662
SA211 Janelle Sabourin IRA 2.0000 2,000.00
220 E. Arby Avenue
Las Vegas, NV 89119-4232
SA575 Sarah R. Salter IRA 4.0000 4,000.00
4039 McClatchey Circle
Atlanta, GA 30342
<PAGE>
SA951 Sylvia Savin IRA 2.5000 2,500.00
12862 Circulo Dardo
San Diego, CA 92128
SA96A Sydney Sawyer IRA 2.0000 2,000.00
11907 Henderson Road
Clifton, VA 22024-2200
SC406 Carl Schaapman IRA 10.0000 10,000.00
200 Rolling Meadows Trail
Fayetteville, GA 30214
SC407 Joseph Schierl IRA 8.0000 8,000.00
3315 W. 45th Street
Minneapolis, MN 55410
SC413 Edith K. Schklar 15.0000 15,000.00
403 Bellwood Drive
Murfreesboro, TN 37133
SC414 Donald E. Schrader 7.0000 7,000.00
5929 Long Meadow Road
Nashville, TN 37205
SC417 Bruce D. Scott IRA 3.0000 3,000.00
11129 SW 81st Ave.
Tigard, OR 97223
SC420 Roger S. Scott IRA 3.0000 3,000.00
6285 20th Ave., NE
Seattle, WA 98115
SC43C John P. Schilling M.D. IRA 5.0000 5,000.00
P. O. Box 25
Jonesboro, GA 30237
SE433 Robert J. Seifert 3.0000 3,000.00
1011 Meadow Crest Drive
Valrico, FL 33594
SE760 Constance Sergio 3.0000 3,000.00
621 Hidden Point Road
Hartwell, GA 30643
SH115 Estelle & James Shaw 6.0000 6,000.00
925 Cleveland St. Apt 239
Greensville, SC 29601
SH116 Brenda M. Shammaa 10.0000 10,000.00
P. O. Box 370
Hilton, WV 25951
SH270 Velma Shelton & Lamar Ireland 10.0000 10,000.00
101 Joyce Ave. #1F
Chattanooga, TN 37415
SH438 Glen S. & Mary S. Shimazu 6.0000 6,000.00
<PAGE>
4921 El Paraiso Ave.
Sacramento, CA 95824
SH43I Floyd L. Shilanski IRA 2.0000 2,000.00
431 W. 7th Avenue #100
Anchorage, AK 99501-3511
SH442 Kay Shirley IRA 2.0000 2,000.00
3500 Piedmont Rd., NE #212
Atlanta, GA 30305-1503
SI271 Charles Sienknecht IRREV Trust 3.0000 3,000.00
4206 Ivory Avenue
Signal Mountain, TN 37215
SI273 Charles Sienknecht IRA 2.5000 2,500.00
4206 Ivory Ave.
Signal Mountain, TN 37377
SI274 Nancy Sienknecht IRA 3.0000 3,000.00
4206 Ivory Avenue
Signal Mountain, TN 37377
SI275 Charles W. Sienknecht PSP 2.5000 2,500.00
c/o Arthritis Associates
Suite 100 Memorial Plaza
605 Glenwood Avenue
Chattanooga, TN 37404-1103
SI410 Gerhard G. Sihler IRA 5.0000 5,000.00
48 Doral Farm Rd.
Stamford, CT 06902
SI570 Russell G. Sillery IRA 2.0000 2,000.00
152 Cheese Spring Road
Wilton, CT 06897-2307
SI590 Peter & Kveta Simon 3.0000 3,000.00
4853 Tommar Dr.
Fair Oaks, CA 95628-5125
SI613 William M. Singletary Jr IRA 5.0000 5,000.00
941 S. Galatin Street
Jackson, MS 39204
SI760 Daniel M. Siracusa IRA 2.0000 2,000.00
55 Stockade Road
So. Glastonbury, CT 06073
SL629 Kathleen A. Sloan 3.0000 3,000.00
11217 W. 106th
Overland Park, KS 66214
SM428 Joseph F. Smith 100.0000 100,000.00
1901 East Wedover
Greensboro, NC 27405
SM43U Gregory A. Smith IRA 2.0000 2,000.00
<PAGE>
P. O. Box 783
Grand Marais, MN 55604-0783
SM43V Cindy Lea Smith IRA 2.0000 2,000.00
HCR 1 Box 275
Grand Marais, MN 55604-9608
SM43X James D. Smith IRA 2.0000 2,000.00
6324 Inca Road
Ft. Worth, TX 76116
SM44T Charles K. Smith IRA 5.0000 5,000.00
P. O. Box 27
Hartsville, TN 37074
SM477 Edward C. & Shirley A. Smith 3.0000 3,000.00
1126 Saunders
Memphis, TN 38127
SO730 Betty Sopher IRA 4.0000 4,000.00
6930 Hyde Park Drive #106
San Diego, CA 92119
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 30.0000 30,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner .5000 500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner .5000 500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
<PAGE>
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 30.0000 30,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 20.0000 20,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.5000 3,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.5000 3,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.5000 4,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
<PAGE>
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 9.0000 9,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 73.0000 73,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
<PAGE>
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 30.0000 30,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 8.0000 8,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
<PAGE>
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 6.0000 6,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 28.0000 28,000.00
P. O. Box 11390
Midland, TX 79702
<PAGE>
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 7.0000 7,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
<PAGE>
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 50.0000 50,000.00
P. O. Box 11390
Midland, TX 79702
SP111 William T. Sparks IRA 5.0000 5,000.00
21 Boyd Drive
New Blaine, AR 72851-9095
SP115 Joseph W. Spadaro IRA 10.0000 10,000.00
14 Halsey Avenue
Laguna Niguel, CA 92677
SP116 Karen M. Spadaro IRA 4.0000 4,000.00
14 Halsey Avenue
Laguna Niguel, CA 92677
SP11C Robert C. Sparkman IRA 5.0000 5,000.00
2144 Gorham Place
Germantown, TN 38138
SP435 Emily Loos Spitzner IRA 5.0000 5,000.00
1600 Oakway S.
Wayzata, MN 55391
SQ851 Rod Squires 25.0000 25,000.00
3501 W. Waco Dr.
Waco, TX 76710
ST113 Natalie L. Starr 5.0000 5,000.00
5709 Patomac Ave., NW
Washington, DC 20016-2559
ST259 Paul E. Steen IRA 2.0000 2,000.00
4417 E. Mountain View
Phoenix, AZ 85028
ST260 David P. Steed IRA 2.0000 2,000.00
2985 Habersham Way, N.W.
Atlanta, GA 30305
ST261 Rose B. Steed IRA 2.0000 2,000.00
2985 Habersham Way, N.W.
Atlanta, GA 30305
ST264 Laurence D. Stephens 10.0000 10,000.00
3319 Greenbrier Drive
Dallas, TX 75225-4818
ST272 Mary Christine Steuterman 10.0000 10,000.00
517 Hobbs Road
Greensboro, NC 27403
ST273 Margaret L. Stickley 15.0000 15,000.00
330 Hilltop Avenue
<PAGE>
Keyser, WV 26726
ST274 Stanley W. Stevens 5.0000 5,000.00
112 13th St.
Pulanski, VA 24301
ST27G James G. Stensby IRA 9.0000 9,000.00
Route 3 Box 235-C
Winchester, TN 37398
ST27H Monica Y. Stensby IRA 4.0000 4,000.00
Route 3 Box 235-C
Winchester, TN 37398
ST27Z Joseph W. Stewart IRA 70.0000 70,000.00
15650 S. 13th Place
Phoenix, AZ 85044-8663
ST630 William J. Stokes 15.0000 15,000.00
Temple First Stock Co. TTEE
P. O. Box 6101
Temple, TX 76503
ST76C Raymond Strickland IRA 2.5000 2,500.00
Pigg Schoolhouse Road
Santa Fe, TN 38482
ST76N Rodney Strachan Trustee 9.0000 9,000.00
FBO Rodney Strachan M.D., Inc.
Retirement Trust
11632 Ranch Hill
Santa Ana, CA 92705
ST772 Beth Jean Strickland IRA 2.5000 2,500.00
10442 Ravenbrook Lane
Knoxville, TN 37922
ST850 Bruce W. Stuart Children Trust 5.0000 5,000.00
45 Farmstead Lane
Windsor, CT 06095
ST851 Linda C. Stuart IRA 2.0000 2,000.00
45 Farmstead Lane
Windsor, CT 06095
SU810 Courtney R. Suthoff 5.0000 5,000.00
21014 Hwy 51
Hazlehurst, MS 39083
SU813 Rebecca Hewitt Suthoff 5.0000 5,000.00
21014 Hwy 51
Hazelhurst, MS 39083
SW274 Sweet Family Trust 8.0500 8,041.67
Carole Gail Sweet, Trustee
u/t/d 6/22/90
4324 Elder Avenue
<PAGE>
Seal Beach, CA 90740
SW274 Sweet Family Trust 1.1300 1,134.80
Carole Gail Sweet, Trustee
u/t/d 6/22/90
4324 Elder Avenue
Seal Beach, CA 90740
SY590 Jackie Marie Symonds 10.0000 10,000.00
311C Misty Isle Lane
Las Vegas, NV 89107
SY951 Johnne D. Syverson IRA 2.0000 2,000.00
1116 6th Street
W. Des Moines, IA 50265
TA810 John C. & Connie Tatgenhorst 3.0000 3,000.00
1113 Farington Dr.
Knoxville, TN 37923
TE211 Michael G. Tebeleff IRA 2.0000 2,000.00
7135 Willow Brook Way
Columbia, MD 21046
TE271 Betty A. Teem 10.0000 10,000.00
12 Bohler Mews N.W.
Atlanta, GA 30327
TE272 James H. Teepen IRA 2.0000 2,000.00
271 Sir Phillips Court
Las Vegas, NV 89110
TE273 Betty A. Teem IRA 5.0000 5,000.00
12 Bohler Mews N.W.
Atlanta, GA 30327-1141
TE980 Texas Seal Supply Co. 5.0000 5,000.00
Marcos Gallegos TTEE
P. O. Box 5726
Arlington, TX 76011
TH620 Frank L. & Lydia R. Thomas 4.0000 4,000.00
1211 Bates Street
Brandon, FL 33511-2934
TH649 Phillis M. Thompson 8.5000 8,500.00
2530 Dartsmouth Drive
Fayetteville, NC 28304
TH64C Kay T. Thomas IRA 2.0000 2,000.00
114 E. Prentiss Avenue
Greensville, SC 29605
TH64D Alfred W. Thomas III IRA 2.0000 2,000.00
114 E. Prentiss Avenue
Greenville, SC 29605
TI590 David L. Timmerman 5.0000 5,000.00
<PAGE>
10493 River Bluff Trail
Zeeland, MI 49464
TI610 Kenneth T. & Retha A. Tiner 4.0000 4,000.00
Rt. 2 Box 1162
China Spring, TX 76633
TO632 Paul J. Toohey 10.0000 10,000.00
Custodian for Jason P. Toohey,
Heather L. Toohey & Nicole L.
Toohey, UTMA CA
673 S. Pathfinder Trail
Anaheim Hills, CA 92807
TO760 Louis Tortora 5.0000 5,000.00
117 Darrow Lane
Greenlawn, NY 11740-2906
TO960 John H. & Claire Sue Townsend 5.0000 5,000.00
8832 Egret Isle Pointe
Lake Worth, FL 33467
TO961 Myron S. Towbin IRA 3.0000 3,000.00
1003 Edwin Warner Drive
Nashville, TN 37205
TR270 Joffre R. & Marjorie Tremblay 3.0000 3,000.00
18724 Soundview Dr.
Stanwood, WA 98292
TU390 William C. & Christine Tuggle 5.0000 5,000.00
950 Glendale Lane
Nashville, TN 37204
TU569 William L. Tullar 5.0000 5,000.00
5002 Millburn Dr.
Greensboro, NC 27407
TU570 Cesar J. Tula M.D. P.A. PSP 5.0000 5,000.00
315 Plymouth
Laredo, TX 78041
TU571 James H. & Wilma J. Tull 50.0000 50,000.00
1302 Sunbird
Waco, TX 76706
TU759 Evelyn S. Turner 15.0000 15,000.00
108 Corrine Drive
Greenville, SC 29607
TU761 Fred P. Turner 10.0000 10,000.00
1406 N. Main St.
Greenville, SC 29609
TU76H Toni Turok IRA 2.0000 2,000.00
8842 Summerhill Point
Alpine, CA 91901
<PAGE>
TW630 Bonita Doris Twombly 10.0000 10,000.00
350 Grandview Avenue
Woodside, CA 94062
UP790 Charles & Margaret Upshaw 5.0000 5,000.00
1207 Glendale Road
Marietta, OH 45750-9323
VA252 Patrick L. Vaden IRA 6.0000 6,000.00
1187 Vulzee Blvd.
Nashville, TN 37217
VA595 Vallejo Clinic PC MPP 15.0000 15,000.00
711 N. Atlantic
Tullahoma, TN 37388
VA61G Patricia Van DenBroeke IRA 2.0000 2,000.00
14802 N. 10th Street
Phoenix, AZ 85022
VA620 Sandra Van Velsor IRA 3.0000 3,000.00
4793 Winchester
Memphis, TN 38118
VA762 Peter J. Varney IRA 2.0000 2,000.00
5903 S. Fairfield St.
Littleton, CO 80120
WA567 Senorita G. Walden 50.0000 50,000.00
5704 Airport Freeway
Ft. Worth, TX 76117
WA761 Glenda E. Warren Irrevocable 3.0000 3,000.00
Trust
P. O. Box 59
Rescue, CA 95672
WA76S Gaylee P. Warner IRA 2.0000 2,000.00
E 9603 1390th Street
New Auburn, WI 54757
WA76V David B. Warner IRA 2.0000 2,000.00
P. O. Box 4987
Aspen, CO 81612
WA812 Samuel E. Watson 10.0000 10,000.00
3687 Summer Ave.
Memphis, TN 38122
WA81Q Corinne Watanabe 3.0000 3,000.00
1862 Rosemount Avenue
Claremont, CA 91711-2634
WA81V Rose Lynn B. Watson 10.0000 10,000.00
181 Belle Meade Lane
Memphis, TN 38117-3017
<PAGE>
WE118 Henrietta Weaver Living Trust 5.0000 5,000.00
dated 10/21/80, Henrietta
Weaver, Trustee
Building 6 #45
230 State Street
Zeeland, MI 49464
WE210 William J. Webb, Jr. IRA 4.0000 4,000.00
1439 Ashtone
Germantown, TN 38138
WE215 Ralph L. Weir, Jr. 100.0000 100,000.00
1570 Camel Drivers Lane
Colorado Spring, CO 80904
WE21Q Natalie F. Webb IRA 5.0000 5,000.00
Rt. 2 Box 2200
Townsend, GA 31331
WE21R Robert O. Webb IRA 5.0000 5,000.00
Rt. 2 Box 2200
Townsend, GA 31331
WE270 Era T. Weeks 5.0000 5,000.00
4931 Mill Brook Dr.
Dunwoody, GA 30338
WE271 Walter H. Weeks IRA 4.0000 4,000.00
4931 Millbrook Drive
Dunwoody, GA 30338
WE425 Alexandra Weinstein 3.0000 3,000.00
c/o Matthew Weinstein
905 E. Horseshoe Ct.
Virginia Beach, VA 23451-5924
WE426 Ileana Weinstein 3.0000 3,000.00
c/o Matthew Weinstein
905 East Horseshoe Court
Virginia Beach, VA 23451-5924
WE436 Faye Weinzimer IRA 2.5000 2,500.00
4487 Post Place #70
Nashville, TN 37205
WE437 Robert F. Weigel IRA 3.5000 3,500.00
346 Herron Drive
Nashville, TN 37210
WE43W Edward W. Weitzel IRA 20.0000 20,000.00
10 Charter Oaks Condominiums
7100 F. Procher Drive
Myrtle Beach, SC 29577
WE790 Carl E. Westmoreland, Jr. IRA 2.0000 2,000.00
908 W. Wesley Rd.
<PAGE>
Atlanta, GA 30327
WE795 Kevin J. West IRA 2.0000 2,000.00
7004 Franklin
Des Moines, IA 50322
WE79C Stephen L. Weston IRA 3.0000 3,000.00
c/o Spencer L. Weston, CPA
3420 Coach Lane #12
Cameron Park, CA 95682
WE79E T O Powell/D Wilson Trustees 8.4000 8,400.00
Peterson, Dillard, Young,
Self & Asselin 401K
FBO Carl E. Westmoreland, Jr.
230 Peachtree Street NW
Atlanta, GA 30303-1513
WE811 Phyllis E. Wetzel Trust 20.0000 20,000.00
Phyllis E. Wetzel, Trustee
u/a/d 5/17/88
905 Walnut Street
Frederick, MD 21703-8430
WH420 Richard A.& Maxine J. Whipple 5.0000 5,000.00
3102 52nd St.
Des Moines, IA 50310
WH429 Nancy E. Whidby IRA 2.0000 2,000.00
3652 Ingraham Street
San Diego, CA 92109-6716
WH43C William D. White IRA 10.0000 10,000.00
1606 Georgetown Lane
Murfreesboro, TN 37130
WI270 Mark A. Wierson 10.0000 10,000.00
9825 Iltis Drive
Des Moines, IA 50322
WI276 Phillip W. Wierson IRA 2.0000 2,000.00
5445 Mallard Pt.
Gainesville, GA 30501
WI27D Mark A. Wierson IRA 3.0000 3,000.00
9825 Iltis Drive
Des Moines, IA 50322
WI549 Harmon Willard 10.0000 10,000.00
3110 Marlynn Street
Carmichael, CA 95608
WI550 Dorman E. & Helen A. Williams 5.0000 5,000.00
Trustees u/a/d 10-9-84
FBO Dorman E. &
Helen A. Williams Trust
7596 17th Lane No.
<PAGE>
St. Petersburg, FL 33702
WI572 Garrett J. Williamson IRA 2.0000 2,000.00
8281 Juanita Dr.
Olive Branch, MS 38654
WI575 Julie W. Wilson IRA 2.0000 2,000.00
17 Ridgemere Trce NE
Atlanta, GA 30328-4847
WI593 Evelyn Wimmer IRA 20.0000 20,000.00
7440 S. Ocean Drive Apt A224
Jensen Beach, FL 34957-2022
WI59I Wilson Brock & Irby, L.L.C. 11.6000 11,600.00
401(k) Plan FBO Richard W.
Wilson, Jr. dated 5/19/95
999 Peachtree St. N.E. #2000
Atlanta, GA 30309
WI610 Winchester Partners 10.0000 10,000.00
James G. Stensby
660 Tri Cities Farm Road
Winchester, TN 37398
WI611 Norman C. & L. Ann Wingerd 40.0000 40,000.00
16 Cavaleade Circle
Sacramento, CA 95831
WO570 Jerry Wolfe IRA 4.0000 4,000.00
4154 Grandview
Memphis, TN 38117
WO590 H. H. WOMMACK III 1.0000 .00
P. O. Box 2196
MIDLAND, TX 79702
WO624 William E. & Jean Wood 5.0000 5,000.00
4963 Churnak Cove
Memphis, TN 38118
WO625 Thomas E. Wood IRA 2.0000 2,000.00
Route 11 Lynn Dr.
Taylors, SC 29687
WO63Q Charles Gardner Woodruff and 2.0000 2,000.00
Antoinette F. Woodruff TTEE's
of The Charles G Woodruff and
Antoinette F. Woodruff Fam Tst
8852 Sunny Mead Court
Las Vegas, NV 89134
WO63Y Antoinette Woodruff 2.0000 2,000.00
8852 Sunny Mead Court
Las Vegas, NV 89134-8824
YE760 June Yerby Trust 6.0000 6,000.00
<PAGE>
U/A dated 10-31-79
11338 King
Overland Park, KS 66210
YO250 New River Internal Medicine 10.0000 10,000.00
FBO Donald E. Yoder Voluntary
Profit Sharing Plan
2460 Lee Highway
Pulaski, VA 24301
YO761 Clyde York 5.0000 5,000.00
938 Strongbox Lane
N. Fort Meyes, FL 33917
YO840 David Young IRA 2.0000 2,000.00
1887 East Chase Avenue
El Cajon, CA 92020
YO85C Alice C. Young 4.0000 4,000.00
1816 Bedfordshire Drive
Decatur, GA 30033
YO860 S.M. & Frances C. Young 10.0000 10,000.00
537 Tower
Ketchikan, AK 99901
ZE430 Willard G. & Thelma Zeiler 5.0000 5,000.00
315 W. Walnut
El Sequndo, CA 90245
ZE611 Arpine M. Norian IRA 6.5360 6,536.00
4316 Pleasant St.
Des Moines, IA 50311
ZE764 Robert E. and Bernice D. 3.0000 3,000.00
Zermuehlen Trust
7601 Weld County Road #21
Ft. Lupton, CO 80621
ZI270 Ralph P. Ziegler 4.0000 4,000.00
4504 Adams Street
Kansas City, KS 66103-3415
ZI612 David S. Zinn 5.0000 5,000.00
David S. Zinn Law Firm
Glen Echo Building, Ste. 102
2000 Glen Echo Road
Nashville, TN 37215
891 Total Investors 7,554.1390 7,553,139.00
<PAGE>
AA590 John R. Aamodt IRA 2.0000 2,000.00
5 Dover Circle
Franklin, MA 02038-1560
AD111 Irene Russell Adams IRA 2.0000 2,000.00
4337 Lake Laurel Dr.
Smyrna, GA 30080
AG430 Robert C. Agin IRA 15.0000 15,000.00
2388 Cherry Spring Cove
Cordova, TN 38018
AH270 Ahearn, Campbell, & Hughes Inc 6.0000 6,000.00
Employees PSP
c/o ACH Pension Consultants
6200 East 14th Street, B-200
Tucson, AZ 85711
AK430 Jackson Akimoto 5.0000 5,000.00
1202 E. Pike Unit #610
Seattle, WA 98122
AK430 Jackson Akimoto 5.0000 5,000.00
1202 E. Pike Unit #610
Seattle, WA 98122
AL570 Maxine Y. Allen IRA 5.0000 5,000.00
10654 Forest Ave. South
Seattle, WA 98178
AL571 J. Norris Allen 35.0000 35,000.00
3400 Knollwood Court
Buford, GA 30518
AL572 George & Lucie Allis 27.0000 27,000.00
2615 Ross Lane
Eugene, OR 97404
AL573 Leroy Allen, M.D. 34.0000 34,000.00
1603 Ridge Road
Raleigh, NC 27607
AM112 N. J. Amar, M.D. IRA 15.0000 15,000.00
813 Forest Oaks Circle
Waco, TX 76712
AM210 Cecilia Luz Ambrosia 3.0000 3,000.00
Erlinda B. Corpuz-Ambrosia
Custodian
300 Hospital Dr.
Spencer, WV 25276
AM236 Robert O. Hoover & Alex Gaynes 60.0000 60,000.00
TTEES for AMCEP, Inc. Profit
Sharing Plan and Trust
4484 E. Tennessee St.
<PAGE>
Tucson, AZ 85714
AM632 The Jerry L. Amo Family Trust 25.0000 25,000.00
dated 9/21/87 Jerry L. &
Shirley A. Amo Trustees
43 Calle Lista
Rancho Mirage, CA 92270
AM636 Nancy M. Amos IRA 2.5000 2,500.00
604 Emerywood Drive
High Point, NC 27262
AN112 Virender Anand, M.D. 10.0000 10,000.00
P. O. Box 130
Hohenwald, TN 38462
AN25S Donald W. Anderson IRA 4.0000 4,000.00
Star Route 3
Ripley, WV 25271
AN268 Valerie V. Andrews 15.0000 15,000.00
P. O. Box 11086
Aspen, CO 81612-9659
AN26G Janet D. Andrews IRA 2.0000 2,000.00
1706 Twin Brooks Drive
Marietta, GA 30067
AN392 Theodore Angerson IRA 6.0000 6,000.00
3730 Lillo St.
Las Vegas, NV 89103
AN793 Caroline B. Ansbacher IRA 2.5000 2,500.00
1132 W. Davis Street
Burlington, NC 27215
AP731 Richard Appel 2.0000 2,000.00
1333 New Hampshire Ave.
Washington, DC 20036
AP732 Robert W. Applegate IRA 2.0000 2,000.00
1627 Buckman Springs Road
Campo, CA 91906
AR451 Valentina Arias 1.0600 1,060.55
10019 Chadsey Dr.
Whittier, CA 90603
AR592 Charliene Armstrong 5.0000 5,000.00
7 Foxhill Close
Nashville, TN 37215
AR594 Philip S. Armstrong 3.0000 3,000.00
7 Foxhill Close
Nashville, TN 37215
AR595 Philip Armstrong III 5.0000 5,000.00
<PAGE>
#7 Foxhill Close
Nashville, TN 37215
AR632 Roberta F. Aronson IRA 2.5000 2,500.00
1580 Sandpoint Dr.
Roswell, GA 30075
AR760 Linda J. Arrington IRA 3.0000 3,000.00
3508 Talwyn Court
Charlotte, NC 28269-8678
AR799 Aronson Enterprises P/S Plan 2.5000 2,500.00
1580 Sandpoint Drive
Roswell, GA 30075-5403
AR802 James A. Arthur IRA 5.0000 5,000.00
5315 N. W. Burr Oak
Johnston, IA 50131
AS251 Blanche E. Van Asdale 10.0000 10,000.00
4504 Magnolia Cove E.
Diberville, MS 39532
AS405 George Ashkar IRA 3.5000 3,500.00
4112 N. 27th St.
Arlington, VA 22207
AS530 Charles D. Askew IRA 2.5000 2,500.00
4244 Lone Oak Road
Nashville, TN 37215-3435
AS730 Sandra Aspromonte IRA 2.0000 2,000.00
2685 So. Dayton Way #133
Denver, CO 80231
AU575 David E. Ault IRA 3.5000 3,500.00
4086 Viscount
Memphis, TN 38118
AU576 Gerald W. Ault II 75.0000 75,000.00
P. O. Box 182020
Memphis, TN 38181
AU577 Gerald W. Ault II IRA 20.0000 20,000.00
P. O. Box 182020
Memphis, TN 38181
AU787 Edwin D. Austin IRA 2.0000 2,000.00
P. O. Box 501
San Diego, CA 92112
AU810 Authorized Appliance Service 5.0000 5,000.00
943 S. Gallatin St.
Jackson, MS 39203
AY571 Cecilia & Stephen Aylor 5.0000 5,000.00
Trustees, Cecilia Lewis Aylor
<PAGE>
Revocable Trust u/a/d 11/30/94
2810 University Terrace NW
Washington, DC 20016
BA110 Rev James & Helen Baar 6.0000 6,000.00
146 Lakeview
Holland, MI 49424
BA212 N. S. Babu M.D. IRA 7.5000 7,500.00
1232 Vintage Place
Nashville, TN 37215
BA212 N. S. Babu M.D. IRA 15.0000 15,000.00
1232 Vintage Place
Nashville, TN 37215
BA250 R. John Badger, Jr. IRA 2.0000 2,000.00
1516 Germania Dr.
Des Moines, IA 50311
BA392 William R Bagwell Family Trust 16.0000 16,000.00
J. Gary Ciccone and Jill C.
Bagwell Trustees
2510 Raeford
Fayetteville, NC 28305
BA393 Hanna R. Bagwell 25.0000 25,000.00
1215 Summit Ave.
Washington, NC 27889
BA435 Stephen L. Baird 3.0000 3,000.00
4863 Rhea Rd.
Wichita Falls, TX 76308
BA572 Joyce F. Ball IRA 2.5000 2,500.00
2201 Golf Club Drive
Nashville, TN 37215
BA614 Sam L. Banks 8.0000 8,000.00
Chattanooga Skin & Cancer
Voluntary Employee Contrib TR
300 Windmere Drive
Chattanooga, TN 37411
BA61G Aileen L. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA61H Sandra K. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA61I Dana B. Banks IRA 2.5000 2,500.00
300 Windmere Drive
Chattanooga, TN 37411
BA61J Samuel L. Banks IRA 2.5000 2,500.00
<PAGE>
300 Windmere Drive
Chattanooga, TN 37411
BA61K Esther M. & Granger T. Banks 20.0000 20,000.00
4445 Hastings Drive
Boulder, CO 80303
BA763 Stanley L. Barr 5.0000 5,000.00
555 Westmont #151
San Luis Obispo, CA 93401
BA767 James Bartolini IRA 2.0000 2,000.00
47 Wood Pond Road
Glastonbury, CT 06033
BA775 Mrs. D. W. Bartlett 10.0000 10,000.00
3725 Austin Avenue
Waco, TX 76710
BA781 Robert J.H. Badger 15.0000 15,000.00
703 Main Street
Montezuma, IA 50171
BA81H Boyd C. Batchelor IRA 6.0000 6,000.00
24 Northampton
Huntsville, AL 35801
BA841 Lonnie C. Baugh IRA 4.0000 4,000.00
P. O. Box 703
Vian, OK 74962-0703
BE112 Norma J. Bean IRA 2.5000 2,500.00
4936 Streamside Drive
McLeansville, NC 27301
BE115 Jack E. & Jean J. Beard 10.0000 10,000.00
1612 Falmouth Avenue
Deltona, FL 32725
BE234 Gary Becker, M.D. 7.0000 7,000.00
2200 N. 25th St.
Waco, TX 76708
BE57E Christopher M. Bell IRA 9.0000 9,000.00
108 Hayes Street
Crossville, TN 38555
BE610 Robert V. Beneda IRA 3.0000 3,000.00
4433 Huntshire Dr.
Stone Mountain, GA 30083
BE611 Allan R. Bennett 10.0000 10,000.00
131 Waring Road
Memphis, TN 38117
BE611 Allan R. Bennett 10.0000 10,000.00
131 Waring Road
<PAGE>
Memphis, TN 38117
BE613 Bessie P. Bennett 10.0000 10,000.00
Rt 1 Box 52
Leland, MS 38756
BE61Y Jessica C. Bensinger Living 3.0000 3,000.00
Trust dated December 15, 1995
Jessica C. Bensinger Trustee
955 Green Oaks Drive
Memphis, TN 38117
BE750 Berry Hill Animal Clinic PSP 2.5000 2,500.00
417 Windsor Court
Nashville, TN 37211
BE759 Ellen K. Berkowitz IRA 2.0000 2,000.00
320 Cortez Street
Tallahassee, FL 32303-5624
BE761 Janet G. Berthon IRA 4.0000 4,000.00
28423 Mud Mountain Rd.
Enumclaw, WA 98022
BE762 Joseph A. Berthon IRA 4.0000 4,000.00
28423 Mud Mountain Rd.
Enumclaw, WA 98022
BI250 Margaret E Biddle 7.5000 7,500.00
3268 Via Grande
Sacramento, CA 95825
BI571 Donna Billington IRA 2.0000 2,000.00
2124 Inverness Drive
Henderson, NV 89014
BI786 Eustace E. Bishop, Jr. 30.0000 30,000.00
P. O. Box 1326
Dothan, AL 36302
BI787 Eustace E. Bishop 50.0000 50,000.00
603 N. Pontiac
Dothan, AL 36303
BI788 Davis Newton Bishop 6.0000 6,000.00
Sandra S. Bishop Custodian
3106 Fox Ridge
Dothan, AL 36303
BI789 Harrison Kimbrough Bishop 6.0000 6,000.00
Sandra S. Bishop Custodian
3106 Fox Ridge
Dothan, AL 36303
BI798 Harry R. Bissinger, Jr. IRA 2.0000 2,000.00
5174 LuPine Lane
Acworth, GA 30101-6964
<PAGE>
BI79I William Graham Bishop 6.0000 6,000.00
229 Lake Ruby
Suwane, GA 30174
BI79K John S. Bischof 6.0000 6,000.00
465 Carybell Lane
Alpharetta, GA 30201
BL103 William & Delpha Blackwell 5.0000 5,000.00
Trustees u/a/d 6/17/86
506 14th Avenue N. E.
St. Petersburg, FL 33701
BL106 Linda T. Blanks RD 4.0000 4,000.00
5304 Stallworth Drive
Nashville, TN 37220
BL110 Erna N. Blatt 7.5000 7,500.00
1781 Archer Court N
Plymouth, MN 55447
BL122 Virginia R. Blake, Trustee 4.0000 4,000.00
FBO Virginia R. Blake
Revocable Trust
4414 Oakcliffe Road
Greensboro, NC 27406
BL126 Carla Blankinship IRA 50.0000 50,000.00
270 Boone Road
Newman, GA 30263
BL850 Mark A. Blumenfeld IRA 7.0000 7,000.00
24 Ice Pond Road
Granby, CT 06035-2626
BO230 Thomas M. Bock 3.0000 3,000.00
633 N. Ridge
Holland, MI 49423
BO278 John C. Boersema 4.0000 4,000.00
2460 Lakeshore Drive
Holland, MI 49424
BO412 Jules Bohnn 100.0000 100,000.00
1215 Barkdull Street
Houston, TX 77006
BO611 Lloyd & Beverly Bond 2.5000 2,500.00
1637 Oak Street
Eugene, OR 97401
BO617 Melvin & Elizabeth Bond 2.5000 2,500.00
Trustees FBO Melvin G. and
Elizabeth Bond Revocable
Living Trust u/a/d 5/6/91
3065 N. W. Autumn Street
<PAGE>
Corvallis, OR 97330
BO620 Philip H. Bonardi IRA 3.0000 3,000.00
855 Academy St.
Rural Hall, NC 27045
BO633 Robert & Sandra Boothe 10.0000 10,000.00
205 Wildwood Trace
Hattiesburg, MS 39402
BO799 James Boswood IRA 2.0000 2,000.00
2710 Salmon Court
North Pole, AK 99705-7308
BO816 John T. Bottom 2.5000 2,500.00
2373 S. Stathmore
Memphis, TN 38112-3221
BO817 John T. Bottom IRA 2.5000 2,500.00
2373 S. Stathmore
Memphis, TN 38112-3221
BO964 Elizabeth C. Bowman IRA 3.0000 3,000.00
15-129th Avenue S.E.
Bellvue, WA 98005
BO964 Elizabeth C. Bowman IRA 3.0000 3,000.00
15-129th Avenue S.E.
Bellvue, WA 98005
BO96G William B. Bowman IRA 4.0000 4,000.00
2356 Rosewood Ave.
Winston Salem, NC 27103
BO98C James W. Boyd 5.0000 5,000.00
11545 Falling Leaves Drive
Charlotte, NC 28277-9129
BR104 Robert Branberg 8.0000 8,000.00
732 N. 77th Street
Seattle, WA 98103
BR11E Duane Bratten IRA 2.0000 2,000.00
P. O. Box 74651
Fairbanks, AK 99707
BR11R Nancy E. Wood IRA 2.0000 2,000.00
13073 San Dimas Circle
Victorville, CA 92392-6626
BR175 William H. Brown 25.0000 25,000.00
5118 Corners Dr.
Dunwoody, GA 30338
BR27B Gerard J. Brett IRA 2.5000 2,500.00
8868 Eatonwick Fairway
Cordova, TN 38018
<PAGE>
BR429 John E. Bridges 3.0000 3,000.00
5669 Redcoat Run
Stone Mountain, GA 30087
BR639 A. Brent & Salley M. Brower 8.0000 8,000.00
511 Spaulding Lake Drive
Greenville, SC 29615
BR63A Pamela J. Brooks 35.0000 35,000.00
3321 O'Hara Drive SW
Huntsville, AL 35801
BR640 Dale & Anne Brown 4.0000 4,000.00
9001 Bingham St.
Zeeland, MI 49464
BR655 William Brown IRA 2.0000 2,000.00
5118 Corners Drive
Dunwoody, GA 30338
BR980 James W. Bryant IRA 2.5000 2,500.00
881 S. Perkins
Memphis, TN 38117
BR981 Patricia H. Bryant IRA 2.5000 2,500.00
881 S. Perkins
Memphis, TN 38117
BR990 Bryant & Humphreys Family PST 5.0000 5,000.00
Practice FBO Robert Humphreys
5220 Park Avenue Suite 100
Memphis, TN 38119
BR996 Bryant Medical Services PC 4.0000 4,000.00
Employee's PST
FBO James W. Bryant,M.D.
5220 Park Ave Suite 100
Memphis, TN 38119
BR997 Bryant Medical Service P.C. 9.0000 9,000.00
Employee's Money Purchase
FBO James Bryant,M.D.
5220 Park Avenue Suite 100
Memphis, TN 38119
BR998 Bryant & Humphreys Family 3.0000 3,000.00
Employee Money Purchase
FBO James Bryant, M.D.
5220 Park Avenue Suite 100
Memphis, TN 38119
BR999 Bryant & Humphreys Family Prac 5.0000 5,000.00
Profit Sharing Plan
FBO James Bryant
5220 Park Avenue Suite 100
Memphis, TN 38119
<PAGE>
BU230 Alison R. Buckley IRA 2.0000 2,000.00
2240 S. Flower Way
Lakewood, CO 80227
BU233 Walter G. Buckley IRA 2.0000 2,000.00
2240 S. Flower Way
Lakewood, CO 80227
BU234 Walter G. Buckley IRA 2.0000 2,000.00
2240 S. Flower Way
Lakewood, CO 80227
BU235 Mark L. Buchly IRA 7.0000 7,000.00
440 Springvale Road
Great Falls, VA 22066
BU23F Katherine S. Bucher Trustee 18.0000 18,000.00
FBO George C. Bucher Trust
dated 8-14-89
132 E. Pasco Lane
Cocoa Beach, FL 32931
BU277 Richard Buehler IRA 2.0000 2,000.00
88586 Ellmaker Road
Veneta, OR 97487
BU610 Julia H. Bunch 3.0000 3,000.00
72 Valeria St.
Nashville, TN 37210
BU750 Patricia K. Burda 3.0000 3,000.00
12220 6th Ave. N.W.
Seattle, WA 98177
BU767 James C. Burroughs 5.0000 5,000.00
4617 Robinwood Dr.
Waco, TX 76708
BU76D Michael Burky MMPP 3.0000 3,000.00
4521 Edgemere Terrace
Marietta, GA 30062-5779
BU76N Norwest Bank Texas, Waco, N.A. 7.5000 7,500.00
FBO Edward B. Burleson Trust
P. O. Box 2626
Waco, TX 76702-2626
BU76O Norwest Bank Texas, Waco, N.A. 7.5000 7,500.00
FBO Maurine Burleson Trust
P. O. Box 2626
Waco, TX 76702-2626
BU790 Marianne Bush 15.0000 15,000.00
4152 Flamingo Crest Dr., #2
Las Vegas, NV 89121
BY828 Jimmy Bytel 12.5400 12,538.45
<PAGE>
3978 Mystral Drive
Huntington Bch, CA 92649
CA589 William W. Campbell 20.0000 20,000.00
4608 Joseph Hoskins Rd.
Summerfield, NC 27358
CA740 Thelma H. Burruss Trustee 5.0000 5,000.00
FBO Margaret B. Caplan
U/A dtd 1-11-89
5540 Tamberland Circle #113
Palm
Beach Garden, FL 33418
CA756 Martha D. Carlisle 10.0000 10,000.00
2238 Elderslie
Germantown, TN 38138
CA757 Charles Cardany IRA 2.0000 2,000.00
5530 Wisconsin Avenue #1150
Chevy Chase, MD 20815
CA759 Martha D. Carlisle IRA 6.0000 6,000.00
2238 Elderslie
Germantown, TN 38138
CA761 Anthony B. & Deann D. Carroll 3.0000 3,000.00
1515 Coral Ave.
Vero Beach, FL 32963
CA767 Larry & Cynthia Carruth 10.0000 10,000.00
3 Windwood Cove
Jackson, TN 38305
CA775 Robert W. Carter IRA 10.0000 10,000.00
1347 Weymouth Lane
Charlotte, NC 28270
CA77L Ailene Card 15.0000 15,000.00
206 S. Graycroft Drive
Madison, TN 37115
CA790 Randolph & Patricia Cason 3.0000 3,000.00
Rt. 9 #4 Dronfield Ct.
Greenville, SC 29609
CE612 Central Texas Data Corp. 10.0000 10,000.00
c/o Doug Birdsong
1706 Washington
Waco, TX 76701
CH109 Gerry M. Chambers IRA 3.0000 3,000.00
9251 39th South
Seattle, WA 98118
CH111 Paul J. Charette 4.0000 4,000.00
8880 E. Broadway, Apt. 113
<PAGE>
Tucson, AZ 85710
CH113 Chattanooga Orthorpedic Clinic 30.0000 30,000.00
725 Glenwood Dr.
#E-580 Memorial Medical Bldg
Chattanooga, TN 37404
CH114 Mark P. Charette IRA 2.0000 2,000.00
97 Chapman
Glastonbury, CT 06033
CH269 Eric D. Cheek IRA 5.0000 5,000.00
2205 New Garden Rd. Apt #3410
Greensboro, NC 27407
CH27H Carolyn Hill Chester 5.0000 5,000.00
P. O. Box 689
Rye, NH 03870
CH27K David L. Chesson, Jr. IRA 2.5000 2,500.00
140 Riverview Court
Lexington, NC 27292-8182
CH767 David R. Christensen IRA 2.0000 2,000.00
7 Homestead Rd.
West Stimsbury, CT 06092
CH768 Patricia A. Christensen IRA 2.0000 2,000.00
4 Torrey Pines Court
Newnan, GA 30265
CH769 Carl W. Christensen IRA 10.0000 10,000.00
4 Torrey Pines Court
Newnan, GA 30265
CI762 Dominick A. Ciraco IRA 7.5000 7,500.00
430 Mosswood Blvd
Indialantic, FL 32903
CI763 Roxanna P. Ciraco IRA 7.5000 7,500.00
430 Mosswood Blvd.
Indialantic, FL 32903
CL105 Billy M. Clark 20.0000 20,000.00
P. O. Box 211925
Augusta, GA 30717-1925
CL111 Terri R. Clark IRA 3.0000 3,000.00
24512 S.E. 387th
Enumclaw, WA 98022-6897
CO210 Ralph L. Coble IRA 20.0000 20,000.00
4105 Old Julian Rd.
Julian, NC 27283
CO23B Dixie Lee Sterling IRA 4.0000 4,000.00
4971 Lake Fjord Pass
<PAGE>
Marietta, GA 30067
CO240 William J. Cochran, Jr. IRA 2.0000 2,000.00
220 Maplewood Road
Riverside, IL 60546
CO41B Roy W. Cohn IRA 2.5000 2,500.00
2406 Watrous Avenue
Tampa, FL 33629
CO530 Homer C. & Cynthia C. Coker 5.0000 5,000.00
2613 Cambridge Rd.
Burlington, NC 27215
CO567 August Rath Colachis IRA 5.0000 5,000.00
533 Coast Blvd South
La Jolla, CA 92037
CO570 John R. Collins, M.D. 20.0000 20,000.00
960 E. 3rd St. Ste 518
Chattanooga, TN 37403
CO571 Larry L. Cole 10.0000 10,000.00
P. O. Box 794
Hillsboro, TX 76645
CO577 Bruce L. Coleman 3.0000 3,000.00
49 Crossgate Drive
Brandon, MS 39042
CO57Y Helene A. Cole 1992 Trust 5.0000 5,000.00
dtd 3/18/92 Helen A Cole TTEE
2901 Linkview Drive
Las Vegas, NV 89134
CO57Z Lucille R. Cole 2.5000 2,500.00
312 W. Illinois Street
Bellingham, WA 98225-1820
CO615 George R. & Evann Conrad 25.0000 25,000.00
1123 Breckenridge Lane
Alpharetta, GA 30202
CO620 Roy Contreras IRA 2.0000 2,000.00
1720 W. Placita Caracol
Tucson, AZ 85715
CO624 Joel M. Cook DPM 20.0000 20,000.00
Profit Sharing Plan
3804 Elvis Presley Blvd
Memphis, TN 38116
CO635 William E. Cooper, Jr. 20.0000 20,000.00
7821 Old Chester Rd.
Bethesda, MD 20817
CO638 Thomas A. Cook IRA 2.5000 2,500.00
<PAGE>
2 Majestic Oaks Drive
Signal Mountain, TN 37377-2600
CO63R William Cooper, CFP 7.0000 7,000.00
206 C Park Lane
Austin, TX 78704
CO676 Cook, Maner & Williams,MD P.A. 30.0000 30,000.00
Employees Pension Plan
801 E. 6th Street, Suite 504
Panama City, FL 32401
CO757 W. Lee Corbett KEOGH 5.0000 5,000.00
c/o W. Lee Corbett & Assoc.
Ste 1050 American Center
3100 W. End Avenue
Nashville, TN 37203
CO765 Mr. & Mrs. Joseph Cortopassi 5.0000 5,000.00
31871 Corte Positas
Temecula, CA 92592-6481
CO766 J. Andy Corley 3.0000 3,000.00
27112 Hidden Trail
Laguna Hills, CA 92653
CO811 Mary Geniece Cotte IRA 2.0000 2,000.00
8012 Martingale Lane
Las Vegas, NV 89123
CO988 Joseph F. Coyles IRA 2.5000 2,500.00
910 Meade
Greensboro, NC 27410
CR100 Raymond & Martha Crace 25.0000 25,000.00
4007 Sharon Parkway
Charlotte, NC 28211
CR105 Transcorp Pension Services 2.0000 2,000.00
FBO Curtis K. Cragg IRA
IRC-3111-OC
P. O. Box 6535
Englewood, CO 80155-6535
CR106 Linda Craig Kennedy 25.0000 25,000.00
130 York Haven Drive
Collierville, TN 38017
CR11B John D. Cranwell IRA 2.5000 2,500.00
2339 McCallie Avenue #300
Chattanooga, TN 37404
CR11G Clyde E. Cramer IRA 4.0000 4,000.00
23919 127th Avenue N.E.
Arlington, WA 98223-8223
CR122 Jacqueline Crawford 6.0000 6,000.00
<PAGE>
800 Wooded Crest
Waco, TX 76710
CR269 Terry W. Crews IRA 3.0000 3,000.00
9191 Garland Road #1025
Dallas, TX 75218
CR630 Joan Ellen Smith Crotty IRA 2.5000 2,500.00
681 Quaterstaff Rd.
Winston-Salem, NC 27104
CR631 Rosalie & James Crofoot, Jr. 5.0000 5,000.00
223 Superior
Wayland, MI 49348
CU759 Stacey Curtis IRA 2.0000 2,000.00
6131 Waverly Avenue
La Jolla, CA 92037
CU790 Samuel T. Cuscovitch IRA 2.0000 2,000.00
147 Oakwood Dr.
Coventry, CT 06238
CV272 Gloria Cvelbar IRA 2.0000 2,000.00
2350 Mauritania Drive
Punta Gorda, FL 33983
CY250 Alice M. Cydell IRA 6.0000 6,000.00
4346 Caminito Pintoresco
San Diego, CA 92108
DA210 Mousa I. Dababnah 10.0000 10,000.00
P. O. Box 247
Beaver, WV 25813
DA611 Gordon Danielson IRA 12.0000 12,000.00
P. O. Box 186
Kanorado, KS 67741-0186
DA980 Bruce E. & Mary L. Day 14.0000 14,000.00
1614 Greer Avenue N.W.
Maple Lake, MN 55358
DE11O Maxine L. de Beck IRA 10.0000 10,000.00
4845 Gardena Avenue
San Diego, CA 92110
DE250 David A. & Rosemary Dederichs 10.0000 10,000.00
6312 Tingdale Ave.
Edina, MN 55435
DE251 Franklin Dedmon 7.0000 7,000.00
P. O. Box 266
Milan, TN 38358
DE253 John Dedmon IRA 2.5000 2,500.00
P.O. Box 30
<PAGE>
Milan, TN 38358
DE254 John Dedmon 50.0000 50,000.00
22 O'Kenna Dr.
Jackson, TN 38305
DE258 Franklin Dedmon IRA 2.5000 2,500.00
P. O. Box 266
Milan, TN 38358
DE258 Franklin Dedmon IRA 7.0000 7,000.00
P. O. Box 266
Milan, TN 38358
DE259 George A. Dedmon IRA 93.0000 93,000.00
8029 Stinson Street
Milan, TN 38358
DE530 James C. Dekle IRA 3.0000 3,000.00
3225 Lanier Beach South
Cumming, GA 30130
DE610 Marilyn & William Denison 5.0000 5,000.00
12105 Westgate
Overland Park, KS 66213
DE795 Gary Deskin IRA 2.5000 2,500.00
2422 Emerald Drive
Jonesboro, GA 30236
DE797 Lou Ella Deskin IRA 2.5000 2,500.00
2422 Emerald Drive
Jonesboro, GA 30236
DE953 Rex DeWeese 3.0000 3,000.00
P.O. Box 16
Yorba Linda, CA 92686
DE954 Resources Trust Co. 2.0000 2,000.00
FBO Gloria DeVore IRA
# I ###-##-####
P. O. Box 5900
Denver, CO 80217-5900
DE960 The DeWeese Revocable Living 20.0000 20,000.00
Trust, Samuel or Maybelle
Deweese Trustees
P. O. Box 16
Yorba Linda, CA 92686
DI574 John P. Dillow 50.0000 50,000.00
6500 Calender Rd.
Arlington, TX 76017
DI615 Raymond DiPhillips IRA 14.0000 14,000.00
1710 Lamont Street N.W.
Washington, DC 20010
<PAGE>
DO616 L.L. Done Realty Consultant 15.1200 15,120.00
Profit Sharing Plan
Lyra L. Done, Trustee
1554 West Carmel Pointe Drive
Tucson, AZ 85737-7098
DO616 L.L. Done Realty Consultant 5.0000 5,000.00
Profit Sharing Plan
Lyra L. Done, Trustee
1554 West Carmel Pointe Drive
Tucson, AZ 85737-7098
DO619 Thomas Donald IRA 2.0000 2,000.00
3586 Audobon Street
Las Vegas, NV 89117
DO633 Anna Lisa Doodeheefuer IRA 2.5000 2,500.00
3826 Durness
Houston, TX 77025
DO755 Joann D. Donn IRA 2.5000 2,500.00
3908 Collander Drive
Durham, NC 27707
DO756 Karl H. Donn IRA 2.5000 2,500.00
3908 Collander Drive
Durham, NC 27707
DO760 Jennifer Doran 9.0000 9,000.00
9400 E. Iliff Ave., #354
Denver, CO 80231-3490
DO858 Kathleen Douglass 2.0000 2,000.00
P. O. Box 956
Kotzebue, AK 99752
DO962 Kate A. Dowlen IRA 2.5000 2,500.00
6 Prentice Lane
Signal Mountain, TN 37377
DO966 C. P. Downing 100.0000 100,000.00
5301 Links Drive
Waco, TX 76708
DR435 Douglas Driver 3.0000 3,000.00
107 Forrest Park Drive
Smyrna, TN 37167-4912
DU371 Kathleen A. Duff IRA 2.0000 2,000.00
8776 E. Shea Blvd. B-3A-194
Scottsdale, AZ 85260
DU607 Ann E. Duncan 5.0000 5,000.00
282 Goodwyn St.
Memphis, TN 38111
DU608 Elizabeth Duncan Ferguson 6.0000 6,000.00
<PAGE>
2970 Woodforest Road
Marietta, GA 30066
DU609 James H. Dunn 20.0000 20,000.00
1731 Sirrine Drive
Santa Ana, CA 92705
DU610 Linda K. Dunnaway 12.0000 12,000.00
104 East Monticello #10
Brookhaven, MS 39601
EA790 Will W. Eason III IRA 2.5000 2,500.00
713 Nichole Lane
Rocky Mount, NC 27804
EA812 Thomas E. Eaton IRA 5.0000 5,000.00
17101 Skelton Place
Dallas, TX 75248-1624
ED950 Catherine M. Edwards IRA 2.0000 2,000.00
2626 NW 7th Rd
Gainesville, FL 32607-2615
ED960 Amy B. Edwards 20.0000 20,000.00
16402 Canario Drive
Houston, TX 77083
EL400 Elizabeth II Trust 30.0000 30,000.00
David McMillian TTEE
115 28th Avenue North
Nashville, TN 37203
EL575 Donald L. Ellis IRA 2.5000 2,500.00
5362 Southwood Drive
Memphis, TN 38120-1904
EL57P Margaret J. Elliott 3.0000 3,000.00
7131 - 29th S.W.
Seattle, WA 98126
EL57S Stephen L. Ellison IRA 4.0000 4,000.00
2612 Baytree Drive
Greensboro, NC 27405
ER212 E. Alan Erb IRA 6.0000 6,000.00
3213 F. Postwoods Drive , N.W.
Atlanta, GA 30339
ER633 Judy P. Eron IRA 2.5000 2,500.00
HC 65, Box 604
Alpine, TX 79830
ES730 Esperanza-The Outdoor School 10.0000 10,000.00
639 Heights Blvd
Houston, TX 77007-2523
EU209 Jackson & Patricia Eubank 10.0000 10,000.00
<PAGE>
4804 Leeds Court
Dunwoody, GA 30338
EV110 G. B. Evans 10.0000 10,000.00
1117 Mogford
Midland, TX 79701
FA427 Helen W. Fair IRA 2.0000 2,000.00
5500 East Vassar Avenue
Denver, CO 80222-6240
FE270 Ronald L. Feenstra 3.0000 3,000.00
1009 Walton Road
Franklin, TN 37069
FE769 Herman L. Ferrell 3.0000 3,000.00
1495 Lewisburg Pike
Franklin, TN 37064-1110
FI790 Robert Fisher IRA 2.0000 2,000.00
P. O. Box 5227
San Clemente, CA 92672
FI791 Patricia Fisher IRA 2.0000 2,000.00
P. O. Box 5227
San Clemente, CA 92672
FI79E Ronald W. Fisk IRA 2.0000 2,000.00
3646 Argonne Street
San Diego, CA 92117
FL630 Flowers Construction Co. PSP 20.0000 20,000.00
c/o William G. Schroeder
South Hwy 81
P. O. Box 1207
Hillsboro, TX 76645
FO571 Hilda F. Folger IRA 3.0000 3,000.00
101 Water Oak Suites
Brevard, NC 28712
FO572 John R. Folger IRA 3.0000 3,000.00
101 Water Oak Suites
Brevard, NC 28712
FO575 James G. Folks IRA 2.5000 2,500.00
951 Riverdale Drive
Graham, NC 27253
FO578 Teresa Foley IRA 2.5000 2,500.00
431 Halladay
Seattle, WA 98109
FO766 Vicki H. Forsyth 3.0000 3,000.00
16222 La Cabana
Houston, TX 77062
FR107 Barry D. Frame M.D. PSP 10.0000 10,000.00
<PAGE>
930 Emerald Ave. Ste 719
Knoxville, TN 37917
FR11I Donald W. Frame IRA 20.0000 20,000.00
1921 Daniel Drive
Corinth, MS 38834
FR11L Richard Ellis Frazier IRA 16.0000 16,000.00
120 Professional Drive
Roanoke Rapids, NC 27870
FR120 Wilma Frazee IRA 2.0000 2,000.00
783 Lander Circle
Claremont, CA 91711
FR27A Dixie Frederiksen IRA 3.0000 3,000.00
4500 Price Circle Road
Nashville, TN 37205
FR283 Nancy Joan Freeman 15.0000 15,000.00
1710 Northampton
Rowlett, TX 75088
FU250 Verne & Kathleen Fuder 10.0000 10,000.00
789 Myrtle Avenue
Holland, MI 49423
GA568 Peter Gal IRA 4.5000 4,500.00
3815 Firestone Rd.
Keernersville, NC 27284
GA569 Robert E. Gallaher 5.0000 5,000.00
2860 Armstrong Dr.
Sacramento, CA 95825
GA578 Bettie J. Gallaher IRA 24.8800 24,880.00
P. O. Box 11816
Tucson, AZ 85734-1816
GA591 Herminio L & Phoebe J Gamponia 3.0000 3,000.00
Living Trust
dtd 7/11/92
413 Green Acres Circle
Spencer, WV 25276
GA612 Jitendra G. Gandhi, M.D. IRA 8.0000 8,000.00
2339 McCallie Ave., Suite 406
Chattanooga, TN 37404
GA612 Jitendra G. Gandhi, M.D. IRA 2.5000 2,500.00
2339 McCallie Ave., Suite 406
Chattanooga, TN 37404
GA749 Sabodh Garg IRA 2.0000 2,000.00
12909 Via Esperia
Del Mar, CA 92104
GA752 Aruna Garg IRA 2.0000 2,000.00
<PAGE>
12909 Via Esperia
Del Mar, CA 92104
GA757 Gilbert J. Garcia MD PSP 2.5000 2,500.00
2811 McLamb Place
Goldsboro, NC 27534
GA758 Katherine H. Garcia IRA 2.0000 2,000.00
5400 Vernon Walk NW
Atlanta, GA 30327
GA759 Jose A. Garcia IRA 2.0000 2,000.00
980 Johnston Ferry Rd , #220
Atlanta, GA 30342
GA761 Buford & Bernice Garner 10.0000 10,000.00
3000 Grand Ave. #217
Des Moines, IA 50312
GE570 Gilbert Gelfand IRA 2.0000 2,000.00
2723 Manning Avenue
Los Angeles, CA 90064
GE615 Joe G. Gentis 10.0000 10,000.00
647 River Rough Dr.
Nashville, TN 37209
GI567 Stephen Giles 2.5000 2,500.00
3060 Tokila Cove
Longwood, FL 32779
GI571 Bruce E. & Jean Gill 5.0000 5,000.00
6465 Oberlin Way
San Jose, CA 95123
GI57T Evelyn K. Giles Trustee 2.5000 2,500.00
of the Evelyn K. Giles Trust
dated 6-29-95
6065 S. Verde Trail #G 206
Boca Raton, FL 33433-4412
GI582 Steven M. Gilkeson IRA 3.0000 3,000.00
9302 Crockett Road
Brentwood, TN 37027
GL115 John E. & Patricia Glasgow 5.0000 5,000.00
1773 Clearview Drive
Delta, CO 81416
GL270 Larry E. Glenn IRA 2.0000 2,000.00
4851 Alpine Dr.
Lilburn, GA 30247
GO210 Betty L. Goble IRA 2.0000 2,000.00
2148 New London Place
Snellville, GA 30278
GO270 Rudolph & Evelyn Goennewich 5.0000 5,000.00
<PAGE>
960 Wordsworth Dr.
Roswell, GA 30075
GO370 David A. Goff 15.0000 15,000.00
880 Highway 92 North
Fayetteville, GA 30214
GO571 Philip Goldhammer IRA 5.5000 5,500.00
25813 S.E. 25th Way
Issaquah, WA 98029
GO579 Robert H. Gold D.P.M.,P.A. 20.0000 20,000.00
Profit Sharing Plan
3804 Elvis Presley Blvd.
Memphis, TN 38116-4199
GO57J Robert R. Goldwin IRA 3.5000 3,500.00
5671 Shady Glen
Memphis, TN 38119
GO63I Sharon Sauls Goodwin 12.5000 12,500.00
6580 Sentry Hill Trail
Atlanta, GA 30328
GO63J Mary L. Goodman IRA 5.0000 5,000.00
6920 Somerset Farms Circle
Nashville, TN 37221-2354
GR110 Andrew L. Grady IRA 2.5000 2,500.00
7534 King Road
Fairview, TN 37062
GR111 Carol Ann Graham IRA 2.5000 2,500.00
6511 Brownlee Drive
Nashville, TN 37215
GR112 Thomas P. Graham IRA 2.5000 2,500.00
6511 Brownlee Drive
Nashville, TN 37205
GR11F John F. Graessle IRA 2.0000 2,000.00
1186 England Circle
North Pole, AK 99705
GR11L Rose Grant IRA 2.0000 2,000.00
2939 Van Ness St. N.W. #302
Washington, DC 20008
GR11M Philip Grant IRA 2.0000 2,000.00
2939 Van Ness St. N.W. #302
Washington, DC 20008
GR272 John P. Gregg & Lora Tredway 6.0000 6,000.00
6913 Rannoch Road
Bethesda, MD 20817
GR27J Dick L. Greer & Phyllis S. 5.0000 5,000.00
<PAGE>
Greer Trustees of the Greer
Trust Agreement dtd 3/27/90
5071 Pine Street
La Mesa, CA 91941
GR27U Stephen F. Gregory 16.0000 16,000.00
2216 30th Ave. S.
Nashville, TN 37212
GR28D Matthew Gress 5.0000 5,000.00
202 Lake Point Drive
Gainesville, GA 30506
GR426 Jean F. Grissim 15.0000 15,000.00
6151 Hillsboro Rd.
Nashville, TN 37215
GR630 John C. Groomes IRA 17.0000 17,000.00
912 Quail Valley Drive
Brentwood, TN 37027-5806
GR635 Thomas M. Grooms IRA 4.0000 4,000.00
3641 Glenbarry Circle
Fayetteville, NC 28314-2605
GR950 Joyce D. Maitland 16.0000 16,000.00
292 US Hwy 101
Hoquiam, WA 98550
GU436 Daphne M. Guise IRA 2.0000 2,000.00
4124 Seville Rd.
Las Vegas, NV 89121
GU437 Ralph M. Guise IRA 2.0000 2,000.00
4124 Sevile Rd.
Las Vegas, NV 89121
GU438 Teresa Guice 10.0000 10,000.00
P. O. Box 5276
Johnson City, TN 37603
GU764 John P. Gurganus 5.0000 5,000.00
P. O. Box 1566
Bay Minette, AL 36507
HA253 Phyllis L. Haddox IRA 4.0000 4,000.00
106 Holeman Avenue
Eugene, OR 97404
HA430 Phyllis J. Haines 5.0000 5,000.00
6163 Quinella Way
Centerville, OH 45459
HA573 Esther L. Hall 10.0000 10,000.00
Profit Sharing Plan
7503 West Shore Drive
Edina, MN 55435-4023
<PAGE>
HA575 Conni C. Hallmark IRA 4.0000 4,000.00
1111 So. MacArthur Blvd.
Irving, TX 75060
HA576 Carter Hallmark IRA 4.0000 4,000.00
111 S. McArthur Blvd
Irving, TX 75060
HA57P Thomas J. Hall IRA 2.0000 2,000.00
12150 Brookfield Club Drive
Roswell, GA 30075
HA610 H. Vernon & Helen W. Hannum 3.0000 3,000.00
1365 Bethany Court
Alpharetta, GA 30201
HA756 Ezra R. Harris IRA 2.5000 2,500.00
100 Yacht Club Dr.
Greenville, SC 29609
HA757 Serena J. Harris IRA 2.5000 2,500.00
100 Yacht Club Drive
Greenville, SC 29625
HA762 Roxanne D. Hart IRA 2.0000 2,000.00
11852 Caminito Corriente
San Diego, CA 92128-3317
HA76Z W.J. Hardy, Jr., Susan Hardy 10.0000 10,000.00
Estes & Marilyn Hardy Ford
228 Alyssia Lane
Jackson, MS 39212
HA77F Richard & Joanne Harris 5.0000 5,000.00
Trustees FBO Harris Living
Trust u/a/d 9/4/92
3053 Hayden Bridge Road
Springfield, OR 97477
HA850 Cosmo L. Haun M.D. 10.0000 10,000.00
2935 Thompson Mill Road
Gainesville, GA 30506
HA95H William Samuel Havron, III 1.3300 1,333.33
4 Fortune's Way
Signal Mountain, TN 37377
HA95I Jess Fowler Havron 1.3300 1,333.33
4 Fortune's Way
Signal Mountain, TN 37377
HA95J Matthew Terrell Havron 1.3400 1,333.34
4 Fortune's Way
Signal Mountain, TN 37377
HA989 James E. Hays IRA 2.0000 2,000.00
<PAGE>
1445 El Camino Real #6
Burlingame, CA 94010-4720
HE122 Cecile T. Heald IRA 10.0000 10,000.00
818 West Bonnie Brae
Ontario, CA 91762
HE431 Craig R. Heim IRA 2.5000 2,500.00
P. O. Box 53
Wilmot, NH 03287
HE614 Melvin L. Henderson M.D. 6.0000 6,000.00
3601 Cape Center Drive
Fayetteville, NC 28304-4457
HE615 Reggie A. Henderson 5.0000 5,000.00
173 Beech Cove
Lexington, TN 38351
HE619 Kimberly C. Henry 10.0000 10,000.00
40 Cambridge St.
New Britain, CT 06051
HE61U Virginia L. Henderson IRA 2.0000 2,000.00
1300 W. Stuart #4
Ft. Collins, CO 80526
HE624 Marshall Hendrick IRA 2.5000 2,500.00
1955 South 100 West
Perry, UT 84302
HE764 Richard A. Herman IRA 3.0000 3,000.00
506 Summerchase Drive
Duluth, GA 30136-8007
HE791 Michael A. Hester 5.0000 5,000.00
508 Buck Ron Drive
Kernersville, NC 27284-8087
HI273 Donald G. Hiers IRA 6.0000 6,000.00
P. O. Box 5281
Johnson City, TN 37603-5281
HI57N Montgomery Stokes Hill, III 5.0000 5,000.00
37 Arden Way NE
Atlanta, GA 30342-3955
HI57T George D. Hill 2.5000 2,500.00
5618 S. 147th St.
Seattle, WA 98168-4552
HI760 Judith M. Hirsch M.D. IRA 5.0000 5,000.00
4305 South Franklin Street
Encglewood, CO 80110
HO279 Robert E. Hoehn IRA 3.0000 3,000.00
214 Second Avenue North #300
<PAGE>
Nashville, TN 37201
HO370 Stephanie Hope Hoffman 3.0000 3,000.00
c/o Kathie Hoffman
1472 W. Elmhill Circle
Salt Lake City, UT 84123
HO373 Jennifer Ann Hoffman 3.0000 3,000.00
c/o Kathie Hoffman
1472 W. Elmhill Circle
Salt Lake City, UT 84123
HO594 Ronald G. Homuth 2.0000 2,000.00
9721 Lamar St.
Spring Valley, CA 92077
HO760 Virginia J. Horowitz IRA 4.0000 4,000.00
687 Felino Way
Chula Vista, CA 91910
HO761 M. Allan Horton 5.0000 5,000.00
609 Topeka
Waco, TX 76710
HO76L David H. Horowitz MD IRA 6.0000 6,000.00
1916 Patterson Ste. 605
Nashville, TN 37203
HO76P Merilyn L. Horton 5.0000 5,000.00
69-411 Ramon Road, #79
Catherdral City, CA 92234
HO810 William Lynn Hottinger IRA 2.5000 2,500.00
1925 Bramblewood Trail
Pfafftown, NC 27040
HO850 Wendy Houstoun 10.0000 10,000.00
8962 Road 74
Windsor, CO 80550
HO960 W. William Howard IRA 2.0000 2,000.00
5718 S. Kenton Street
Englewood, CO 80111
HO970 John P. Howser M.D. 30.0000 30,000.00
Pension Plan Trust
3960 Knight Arnold Road #203
Memphis, TN 38118-3008
HO971 John P. Howser M.D. PSP 50.0000 50,000.00
3960 Knight Arnold Rd, Ste 203
Memphis, TN 38118-3008
HU210 Lawrence & Vencil S. Hubbard 5.0000 5,000.00
Route 1 Box 520
Lucedale, MS 39452
HU378 J. Eugene Huffstutter 5.0000 5,000.00
<PAGE>
4229 Lundy Mountain Lane
Signal Mountain, TN 37377
HU388 Eric L. Hughes IRA 2.0000 2,000.00
4265 N. Camino Arco
Tucson, AZ 85718
HU393 Cheryl A. Hughes IRA 2.0000 2,000.00
4265 N. Camino Arco
Tucson, AZ 85718
HU410 James K. Huhta 5.0000 5,000.00
507 E. Northfield Blvd
Murfreesboro, TN 37130
HU571 Barbara Hull IRA 2.0000 2,000.00
6541 Amberly Street
San Diego, CA 92120
HU588 Alan Farley Humphreys 5.0000 5,000.00
c/o Robert A. Humphreys Cust.
2888 Carnton Drive
Germantown, TN 38138-7370
HU589 Robert Christopher Humphreys 5.0000 5,000.00
c/o Robert A. Humphreys Cust.
3888 Carnton Drive
Germantown, TN 38138-7370
HU590 French P. Humphreys, Jr. IRA 2.5000 2,500.00
330 West Presnell Street
House #1
Asheboro, NC 29203
HU730 Martin Huppert 5.0000 5,000.00
2019 N. Taylor Street
Arlington, VA 22207
HU813 Brenda J. Hutcherson IRA 3.0000 3,000.00
P. O. Box 111779
Nashville, TN 37215
HU814 Wallace T. Hutcherson IRA 3.0000 3,000.00
P. O. Box 111779
Nashville, TN 37215
HU81F Community National Bank 5.0000 5,000.00
FBO Wallace J. Hutcherson IRA
a/c# 852279
Attn: Jacque Stanley
P. O. Box 210
Seneca, KS 66538
HY255 Lisbeth J. Hydrick IRA 3.0000 3,000.00
2573 Hawthorne Dr.
Atlanta, GA 30338
IN391 Ingraham Law Firm PSP 15.0000 15,000.00
<PAGE>
2114 Parkway Towers
Nashville, TN 37215
IN950 Investment Securities 3.0000 3,000.00
7339 S. Endora Ct.
Littleton, CO 80122
JA217 A. Everette James M.D. 10.0000 10,000.00
St. James Place
P. O. Box 789
Robersonville, NC 27871
JA233 Don & Frances Jackson 3.0000 3,000.00
5908 Abbott Dr.
Nashville, TN 37211
JA23B G. Jackson Jacobs IRA 10.0000 10,000.00
318 Post Road
McMinnville, TN 37110
JA591 A. Everette James IRA 3.0000 3,000.00
St. James Place
P. O. Box 789
Robersonville, NC 27871
JA760 Jarman Foundation 35.0000 35,000.00
c/o Frank C. Ingram, Attorney
2114 Pkwy. Towers, 21st Floor
Nashville, TN 37219
JA766 Tandy M. Jarvis IRA 4.0000 4,000.00
243 Ensworth Avenue
Nashville, TN 37205
JO212 Joel E. Jobst Trustee 3.0000 3,000.00
FBO The Jobst family Trust
3013 Bryant Ave.
Las Vegas, NV 89102
JO409 Melvin E. & Phyllis L. Johnson 50.0000 50,000.00
4704 Trail Bend Circle
Fort Worth, TX 76109-1801
JO43P Norwest Bank Texas, N.A. 5.0000 5,000.00
FBO P. M. Johnston IRA
a/c# 7820161704
P. O. Box 2676
Waco, TX 76702-2626
JO613 G. Perry Jones IRA 2.0000 2,000.00
11870 Little Creek Crossing
Alpharetta, GA 30201
JO617 Ronald A. & Linda L. Jones 5.0000 5,000.00
7332 S. Quince Street
Englewood, CO 80112-1728
KA385 Judith K. Kafka IRA 2.5000 2,500.00
<PAGE>
3225 Soundview Court N.W.
Gig Harbor, WA 98335
KA391 Kenneth & Madeleline Kagy 10.0000 10,000.00
775 Birch Ridge Drive
Roswell, GA 30076
KA571 Roger M. Kalar 10.0000 10,000.00
173 Reverknolls
Avon, CT 06001
KA571 Roger M. Kalar 2.0000 2,000.00
173 Reverknolls
Avon, CT 06001
KA590 Allan Lee Kamrath IRA 2.0000 2,000.00
2609 Larkin Place
San Diego, CA 92123
KA737 Peter R. Kaplan IRA 15.0000 15,000.00
5057 Villa Crest Drive
Nashville, TN 37220
KA850 Joan M. Kauffman IRA 5.0000 5,000.00
9545 Jiola Way
La Mesa, CA 92041
KE569 Pola Kelman 20.0000 20,000.00
5244 Boswell Ave.
Memphis, TN 38120
KE573 John P. Kelley IRA 2.0000 2,000.00
1501 S. Cherry Street
Denver, CO 80222
KE57N Kathleen F. Kellogg Trust 11.0000 11,000.00
Kathleen F. Kellogg Trustee
UDT dtd 5/16/91
13606 Torrey Hill Court
San Diego, CA 92130
KE61R Deloris M. Kendall 2.0000 2,000.00
2601 NE 14th St. Causeway #538
Pompamo Beach, FL 33062
KE76D John R. Kern 2.5000 2,500.00
1000 Gracelawn
Brentwood, TN 37027
KE990 Warren B. Keyser, Jr. 4.0000 4,000.00
215 James Avenue NW
Cleveland, TN 37311-1604
KI570 John R. Kiley IRA 2.0000 2,000.00
26 Emerald
Irvine, CA 92714
KI590 Mary Lou Kimmel IRA 2.0000 2,000.00
<PAGE>
841 W." D" Street
Ontario, CA 91762-3023
KI613 The Estate of Floyd W. King Jr 2.5000 2,500.00
c/o Gloria King
520 South 303rd Street
Federal Way, WA 98003
KI61M John L. King IRA 2.0000 2,000.00
3966 Central Drive
Clarkston, GA 30021
KI791 Philip D. & Phyllis Kisinger 10.0000 10,000.00
412 Orchard Circle
Route 1, Box 2K
Gobles, MI 49055
KL115 Norman G. Klasna IRA 2.0000 2,000.00
10368 Lone Lynx
Littleton, CO 80124
KL401 Wilma Louise Kliewer IRA 2.0000 2,000.00
382 Kudu Trail
Bailey, CO 80421
KN110 New River Internal Medicine 10.0000 10,000.00
FBO John W. Knarr
810 Prospect Avenue
Pulaski, VA 24301
KN634 John D. Knox, Jr. IRA 5.0000 5,000.00
211 Chicopee Drive
Marietta, GA 30060
KN850 Transcorp Pension Services 2.0000 2,000.00
FBO William Knutson IRA
IRC-2941-OT
P. O. Box 6535
Englewood, CO 80155-6535
KO730 Walter F. & Anna E. Kopp 15.0000 15,000.00
6288 Darien Way
Spring Hill, FL 34606
KO790 Melanie M. Kosterman IRA 2.0000 2,000.00
504 Owen Drive
Fayetteville, NC 28304
KO791 Michael J. Kosterman IRA 2.0000 2,000.00
504 Owen Drive
Fayetteville, NC 28304
KO810 Charles D. Koteen IRA 2.0000 2,000.00
98 Newport Avenue
West Hartford, CT 06117
KR117 Richard Krause M.D. P.C. PSP 15.0000 15,000.00
<PAGE>
2337 McCallie Ste 400
Chattanooga, TN 37404
KR117 Richard Krause M.D. P.C. PSP 15.0000 15,000.00
2337 McCallie Ste 400
Chattanooga, TN 37404
KR11A Richard A. Krause M.D. IRA 3.5000 3,500.00
2337 McCallie Ste 400
Chattanooga, TN 37404
KR11B Shawn K. Krause IRA 2.5000 2,500.00
6532 Forest Park Drive
Signal Mountain, TN 37377
KR270 Allyson Krebs 10.0000 10,000.00
4406 Alcott Drive
Nashville, TN 37215
KR272 John F. Krempen,M.D.PC Defined 20.0000 20,000.00
Benefit Plan,John Krempen TTEE
6980 N. Donatello Way
Tuscon, AZ 85741
KR27B John F. Krempen IRA 12.0000 12,000.00
6980 N. Donatello Way
Tucson, AZ 85741
KR27C Christine Krempen IRA 12.0000 12,000.00
6980 N. Donatello Way
Tucson, AZ 85741
KR630 Christopher N. Kroha 10.0000 10,000.00
121 Seville Road
West Palm Beach, FL 33405
KR635 Marvin W. Kronenberg IRA 2.5000 2,500.00
14 Vaughan Ridge
Bloomfield Hill, MI 48304
KR852 Sylvia L. Krueger M.D. IRA 2.5000 2,500.00
P. O. Box 3296
Cleveland, TN 37320-3296
KU210 Michael E. Kubicki IRA 4.0000 4,000.00
7168 Egerton Lane
Germantown, TN 38138
KU230 Lawrence L. & Helma Kuck 4.0000 4,000.00
930 Shadybrook Drive
Holland, MI 49424
KU760 John B. Kurtin Trust 10.0000 10,000.00
Assoc. Ear, Nose & Throat
Specialties Ltd. PS
6565 E. Carondelet, Suite 300
Tucson, AZ 85710
<PAGE>
LA112 Mary E. La Bonte IRA 2.5000 2,500.00
200 Wagner Place, #702
Memphis, TN 38103
LA215 Roger S. LaBonte IRA 2.5000 2,500.00
200 Wagner Place, Ste. 702
Memphis, TN 38103
LA593 Frederick D. Lambert IRA 10.0000 10,000.00
4705 Westgarden Blvd.
Alexandria, LA 71303
LA607 Helen Ann Landecker 20.0000 20,000.00
Wren Drive
HC 2 Box 93 M
Pequot Lakes, MN 56472-9407
LA608 Todd A. Landgren IRA 2.0000 2,000.00
1310 Estelle Lane
Newport Beach, CA 92660
LA611 Harold James Langseth IRA 2.5000 2,500.00
9502 36th Avenue S.E.
Everette, WA 98208
LA850 Francis J. Laurent IRA 4.0000 4,000.00
4003 Penhurst Dr.
Marietta, GA 30062
LA961 Mary A. Lawson IRA 2.5000 2,500.00
6223 Vosswood Road
Nashville, TN 37205
LA966 Philip C. Lawton IRA 2.0000 2,000.00
3649 Maria St.
Las Vegas, NV 89121
LA995 Sheryl Lazarov 10.0000 10,000.00
8609 Timber Creek Drive
Cordova, TN 38018-6481
LA996 Alvin J. Lazarov 50.0000 50,000.00
200 Wagner Place 1408
Memphis, TN 38103
LE111 Philip Bruce Leavenworth IRA 2.0000 2,000.00
230 North Grove Street
Mt. Horeb, WI 53572-1616
LE115 George Leavesley 50.0000 50,000.00
P. O. Box 638
Coldspring, TX 77331
LE250 James P. & Marcela C. Ledesma 3.0000 3,000.00
7465 Gorge View
San Diego, CA 92120
<PAGE>
LE269 Richard C. Lee 3.0000 3,000.00
1765 S. Salida Circle
Aurora, CO 80017-5212
LE27K Pamela Sauls Lee 12.5000 12,500.00
12570 Crabapple Road
Alpharetta, GA 30201
LE360 Bobette M. Leggott 25.0000 25,000.00
4524 Westchester
Waco, TX 76710
LE390 Beverly J. Legler IRA 2.0000 2,000.00
20610 David Avenue
Eagle River, AK 99577
LE780 Linton & Yvonne Lester 5.0000 5,000.00
1841 59th St. N.
St. Petersburg, FL 33710
LE950 Anne B. Levitt 25.0000 25,000.00
626 Melody Lane
Jonesboro, AR 72401
LE960 Harold C. Le Witt 5.0000 5,000.00
6025 Ashland Dr.
Nashville, TN 37215
LI586 Hoei Bin Lim IRA 6.0000 6,000.00
1444 Cimarron Drive
Holland, MI 49423
LI591 Lee E. Limbird IRA 2.5000 2,500.00
3435 Hampton
Nashville, TN 37217
LI592 Thomas J. Limbird IRA 2.5000 2,500.00
3435 Hampton
Nashville, TN 37217
LI606 Timothy F. & Pattie L. Linder 3.0000 3,000.00
443 Lakeshore Dr.
Lexington, TN 38351
LI608 Melissa DeLane Lindsey 3.0000 3,000.00
Hubert K. Lindsey TTEE
5110 Corners Dr.
Dunwoody, GA 30338
LI609 Clayton Kenneth Lindsey 3.0000 3,000.00
Hubert K. Lindsey TTEE
5110 Corners Dr.
Dunwoody, GA 30338
LI612 George W. & Marjorie Lindsey 3.0000 3,000.00
2454 NW 198th St.
<PAGE>
Seattle, WA 98177
LI615 H.K. & Elaine C. Lindsey 10.0000 10,000.00
5110 Corners Dr.
Dunwoody, GA 30338
LI61M Tyler T. Lindsey 3.0000 3,000.00
935 Sugar Meadow Drive
Sugarhill, GA 30518
LI620 Mozelle Linzey/Carolyn Stewart 10.0000 10,000.00
4102 E. Ray Road Unit #1198
Phoeniz, AZ 85044-4616
LO611 Ben Crocker 5.0000 5,000.00
Crocker Financial Advisors
FBO Gary W. & Diane S. Long
1601 Blake Street, Ste. 100
Denver, CO 80202
LO611 Ben Crocker 5.0000 5,000.00
Crocker Financial Advisors
FBO Gary W. & Diane S. Long
1601 Blake Street, Ste. 100
Denver, CO 80202
LO612 Kay S. Long IRA 2.5000 2,500.00
1820 Buena Vista
Winston Salem, NC 27104
LO616 Diane M. Long IRA 2.5000 2,500.00
529 S. Belvedere
Memphis, TN 38104
LO617 Thomas E. Long M.D. 15.0000 15,000.00
529 S. Belvedere
Memphis, TN 38104
LO61A Thomas E. Long IRA 2.5000 2,500.00
529 S. Belvedere
Memphis, TN 38104
LO628 Pedro & Remy Lo 10.0000 10,000.00
509 Green Acres Circle
Spencer, WV 25301
LO961 Betty J. Lowe IRA 2.5000 2,500.00
718 N. Ratherford Blvd
Murfreesboro, TN 37130
LO961 Betty J. Lowe IRA 2.5000 2,500.00
718 N. Ratherford Blvd
Murfreesboro, TN 37130
LO966 Eleanor Ann Lowen IRA 2.0000 2,000.00
P. O. Box 2289
Seward, AK 99664
<PAGE>
LU239 Kenneth J. Lucas IRA 25.0000 25,000.00
405 N. Clyde Morriss
Daytona Beach, FL 32114
LY613 Andrea Lyn 2.5000 2,500.00
120 Weatherhill Pointe
Carrboro, NC 27510
LY614 Nell M. Lynn IRA 2.0000 2,000.00
1813 Paseo Overlook Court
Las Vegas, NV 89128
LY615 Lindsay R. Lynn IRA 2.0000 2,000.00
1813 Paseo
Overlook Court
Las Vegas, NV 89128
LY630 Trent W. Lyon, Trustee 100.0000 100,000.00
Lyon Family Trust
206 Canon Drive
Santa Barbara, CA 93105-2639
MA110 Ronald A. Maas IRA 2.0000 2,000.00
16108 Landmark Dr.
Whittier, CA 90604
MA23M Anne M. MacCollum IRA 20.0000 20,000.00
1515 Hummingbird Lane
Sierra Vista, AZ 85635
MA25G John G. Madden IRA 2.0000 2,000.00
120 Seville Chase
Atlanta, GA 30328
MA25H Barbara Madden IRA 2.0000 2,000.00
120 Seville Chase
Atlanta, GA 30328
MA371 Patricia Maffeo 15.0000 15,000.00
4160 Towanda Tr.
Knoxville, TN 37919
MA390 J. Henly Magee IRA 2.0000 2,000.00
3891 Wieuca Rd. NE
Atlanta, GA 30342
MA61C Eugene P. Manuel IRA 2.0000 2,000.00
P. O. Box 68
Clear, AK 99704
MA650 Beth Marchese IRA 11.0000 11,000.00
P. O. Box 8564
La Cresenta, CA 91214
MA786 Roxy Marrese, Jr. IRA 25.0000 25,000.00
6 Moss Point Drive
<PAGE>
Ormand Beach, FL 32174
MA787 The Master Partnership 5.0000 5,000.00
c/o Dr. Jimmy Epting
P. O. Box 247
Tigerville, SC 29688
MA988 Ronald A. Maxwell IRA 5.0000 5,000.00
612 W. Burton Street
Murfreesboro, TN 37130
MC110 Wendall G. McAlexander 10.0000 10,000.00
8970 Winding Way
Germantown, TN 38138
MC111 Lois McA Finch IRA 2.5000 2,500.00
4923 Roselawn Circle
Nashville, TN 37215
MC229 Eleanor Y. McCall 10.0000 10,000.00
P. O. Box 6642
High Point, NC 27262
MC230 Forrest M. McCleeary IRA 6.0000 6,000.00
3700 Lindlavista Way
Des Moines, IA 50310
MC235 Ronald C. Herrmann Trustee 20.0000 20,000.00
FBO Barbara A. McChesney
28 Hurds Hill Rd.
Southbury, CT 06488
MC23N Gary P. McCaughan M.D. Inc. 5.0000 5,000.00
Retirement Trust
Gary P. McCaughan M.D. Trustee
7918 8th Street
Downey, CA 90241
MC245 Gregg D. McClendon IRA 2.0000 2,000.00
7217 Bandolero Way
Bakersfield, CA 93308
MC256 James W. McKinney IRA 5.0000 5,000.00
308 Lynnwood Blvd
Nashville, TN 37205
MC382 Barbara B. McKee IRA 2.5000 2,500.00
RR 1 Box 121
Hughes, AR 72348-9517
MC390 Richard McGee IRA 2.5000 2,500.00
398 Arnold Road
Shelbyville, TN 37160-7301
MC531 Scott L. & Naomi M. McKay 10.0000 10,000.00
29411 - 1st Avenue S.
Federal Way, WA 98003
<PAGE>
MC532 Grayce McKinney IRA 3.0000 3,000.00
308 Lynwood Blvd.
Nashville, TN 37205
MC569 Robert E. McLean 5.0000 5,000.00
2509 Roland Drive
Greensboro, NC 27407
MC577 J. B. McLeroy IRA 2.0000 2,000.00
5017 Grandview Dr.
Las Vegas, NV 89120
MC587 McMillan Investments 20.0000 20,000.00
Toney & David McMillan Prtnrs
P. O. Box 607
Arkadelphia, AR 71923
MC593 Toney D. McMillan IRA 3.0000 3,000.00
P. O. Box 607
Arkadelphia, AR 71923
MC597 Jill J. McMillan IRA 3.0000 3,000.00
P. O. Box 607
Arkadelphia, AR 71923
MC598 Toney McMillan/David McMillan 20.0000 20,000.00
McMillan Investments
P. O. Box 607
Arkadelphia, AR 71923
MC750 John & Alma R. McQueen 10.0000 10,000.00
1230 W. Ina Rd.
Tucson, AZ 85704
MC793 Eugene H. McShane, Jr. IRA 5.0000 5,000.00
950 S. Cherry, Suite 420
Denver, CO 80222
MC810 David W. McTighe 11.5000 11,500.00
c/o Air Hong Kong, Ltd.
2nd Floor,Block 2-Tien Chu Ctr
1E Mok Cheong Street
Kowloon,
Hong Kong
MC959 Chester & Ann McWhorter 20.0000 20,000.00
4366 Good Hope Road
Decatur, MS 39327
MC964 Marilyn J. McWhorter 6.1030 6,103.00
640 Amber Place SW
Marietta, GA 30060
MC965 Marilyn J. McWhorter IRA 6.0000 6,000.00
640 Amber Place
Marietta, GA 30060
<PAGE>
ME760 Robert V. & Eileen R. Mercer 5.0000 5,000.00
911 Pine Avenue
Frederick, MD 21701
ME814 Willard A. Metcalf IRA 2.0000 2,000.00
110 Inglewood Way
Greenville, SC 29615
ME989 Anita L. Meyer IRA 2.0000 2,000.00
650 Clayton St.
Denver, CO 80206
ME990 Edward J. Meyer IRA 4.0000 4,000.00
1554 Sundale Road
El Cajon, CA 92020
ME991 Allen E. & Caroline L. Meyer 20.0000 20,000.00
38169 North Ridge Drive
Eagan, MN 55123
ME992 Sandra L. Meyer IRA 2.0000 2,000.00
1554 Sundale Rd.
El Cajon, CA 92020
ME993 Robert S. Meyer M.D. 2.5000 2,500.00
208 N. Herman Street
Goldsboro, NC 27530
MI252 Middle Tennessee Gastro- 11.0000 11,000.00
enterology Consultants P.C.
Profit Sharing Plan & Trust
1510 Hatcher Lane
Columbia, TN 38401
MI571 Deborah J. Miller IRA 2.5000 2,500.00
426 Wildwood Lane
Graham, NC 27253
MI573 Gale F. Miller IRA 2.5000 2,500.00
426 Wildwood Lane
Graham, NC 27253
MI576 Donald Ray & Lona Beth Miller 50.0000 50,000.00
5032 Meadow Wood
Waco, TX 76710
MI578 Reps & Betty Miller, Jr. 50.0000 50,000.00
563 Dogwood Drive
Lilburn, GA 30247
MI579 Ronald L. Miller 6.0000 6,000.00
7604 Olcott Avenue
Bakersfield, CA 93308
MI609 Brandon Richard Minor 10.0000 10,000.00
Lynda Minor TTEE
<PAGE>
408 Crown Ridge Pt.
Waco, TX 76712
MI610 Lynda Minor 10.0000 10,000.00
408 Crown Ridge Point
Waco, TX 76712
MI611 Melinda Ann Minor 10.0000 10,000.00
Lynda Minor TTEE
408 Crown Ridge Pt.
Waco, TX 76712
MO629 Betty G. Moore 15.0000 15,000.00
7743 Foster Ridge
Germantown, TN 38138
MO634 Betty G. Moore 10.0000 10,000.00
7743 Foster Ridge
Germantown, TN 38138
MO63D Larry A. Mooney IRA 20.0000 20,000.00
3180 Woods Circle
Davis, CA 95616
MO668 Robert L. Moroy IRA 2.0000 2,000.00
1185 Forest Brook Court
Marietta, GA 30067
MO668 Robert L. Moroy IRA 2.0000 2,000.00
1185 Forest Brook Court
Marietta, GA 30067
MO760 Marcella Morales 2.2200 2,224.53
1900 Hillandale Ave.
La Habra, CA 90631
MO77I Robert L. Moroy 3.0000 3,000.00
1185 Forest Brook Ct.
Marietta, GA 30068-2826
MO810 R. Prasad Motaparthi 5.0000 5,000.00
Madhvri Motaparthi UGMATX
9901 Townridge
Waco, TX 76710
MU270 Dennis L. Mueller 15.0000 15,000.00
4221 Mary Lynn
Des Moines, IA 50322
MU582 Charles A. Mullins IRA 2.5000 2,500.00
2122 University Circle
Memphis, TN 38112
MU765 John F. Murphy 9.0000 9,000.00
3322 Shamrock Rd.
Tampa, FL 33629
MU766 Charles M. Muschany Rev. Trust 30.0000 30,000.00
<PAGE>
Charles M. Muscany, Trustee
Trust Agreement dtd May 6 1986
4870 Retriever Circle
Anchorage, AK 99502
MU76U Mary B. Murray IRA 2.0000 2,000.00
3030 Holly Mill Road
Marietta, GA 30062
MU76V Gilbert E. Murray IRA 2.0000 2,000.00
3030 Holly Mill Road
Marietta, GA 30067
MY271 Richard C. & Joyce Myerly 5.0000 5,000.00
121 Foothills Drive
Hendersonville, NC 28792
MY27A Phillip Stephen Myers 8.5000 8,500.00
5634 Vicksburg Drive
Baton Rouge, LA 70817-3133
NA210 Steven & Barbara Naber 5.0000 5,000.00
99 Bay Circle
Holland, MI 49424-6609
NA515 Mathilde M. Najjar 3.0000 3,000.00
717 Georgetown Drive
Nashville, TN 37205
NA515 Mathilde M. Najjar 2.5000 2,500.00
717 Georgetown Drive
Nashville, TN 37205
NA792 Elias N. Nasr M.D. IRA 4.0000 4,000.00
3660 20th Street Suite #2
Vero Beach, FL 32960
NE109 Clara L. Neal IRA 2.6000 2,600.00
9106 Lafayette Ct., West
Charleston, SC 29406
NE110 Clara L. Neal 15.0000 15,000.00
9106 Lafayette Ct., West
Charleston, SC 29406
NE111 John H. Neal IRA 8.2000 8,200.00
9106 Lafayette Ct., West
Charleston, SC 29406
NE570 Joan Louise Nelson IRA 2.0000 2,000.00
Arawana Newfield St.
Middletown, CT 06457
NE571 Peter Butterfield Nelson IRA 2.0000 2,000.00
Arawana Newfield St.
Middletown, CT 06457
NE573 Billy P. Nelson 10.0000 10,000.00
<PAGE>
Rt. 1 Box 33-B
Crawford, TX 76638
NE579 Michael N. Nelson Trustee 10.0000 10,000.00
FBO Dawn D Nelson Family Trust
781 Seven Lakes Blvd.
Martinez, GA 30907
NE57N A. Stephen Nelson IRA 5.0000 5,000.00
Aranawa Newfield Street
Middleton, CT 06457
NE850 Christopher Lee Neudecker 3.0000 3,000.00
Timothy F. Linder Custodian
443 Lakeshore Drive
Lexington, TN 38351
NE960 Peachtree Women's Clinic PST 20.0000 20,000.00
Zachariah B. Newton
980 Johnson Ferry Rd. NE #220
Atlanta, GA 30342
NI239 Thomas L. Nicholson Jr. IRA 3.0000 3,000.00
274 St. Johns Wood
Fayetteville, NC 28303
NI270 Russell N. Nielsen IRA 2.0000 2,000.00
P. O. Box 50576
Henderson, NV 89016
NI273 Lucille H. Nielsen IRA 2.0000 2,000.00
310 Cherry Dr.
Eugene, OR 97401
OC630 Maxine O'Connor IRA 2.0000 2,000.00
318 Evian Way
Peachtreet City, GA 30269-2725
OD273 William H. Oden IRA 5.0000 5,000.00
406 Parkway Road
Brandon, MS 39042
OL429 Robin P. Olimb IRA 2.0000 2,000.00
11454 Elbert Way
San Diego, CA 92126
OL431 Lawrence R. Oliver 4.0000 4,000.00
229 Tweedy Road
Valley Mills, TX 76689
OL434 Marylee Olivia IRA 2.7000 2,700.00
5809 Recife Way
San Jose, CA 95120
OL780 Raymond N. Olson, M.D. 20.0000 20,000.00
4319 Vistaway
Davis, CA 95616
<PAGE>
OL797 Helen M. Olson 2.0000 2,000.00
5015 35th Avenue S #333
Minneapolis, MN 55417
ON250 Eugene G. Ondrusek 10.0000 10,000.00
10014 Ramblewood
Waco, TX 76712
ON270 William O'Neil IRA 4.0000 4,000.00
1704 Townsend Forest Lane
Brown Summit, NC 27214
OR759 Edward T. O'Reilly IRA 2.5000 2,500.00
1243 Shamrock Drive
Burlington, NC 27215
OR760 Pollyanna W. O'Reilly IRA 2.5000 2,500.00
1243 Shamrock Drive
Burlington, NC 27215
OR761 Renee A. Rubenstein 20.0000 20,000.00
9111 Cliffwood
Houston, TX 77096
OR995 Eric A. Orzeck M.D. P.A. 25.0000 25,000.00
8181 North Stadium Dr. Ste 200
Houston, TX 77054
OS810 Argyle V. Ostermiller 3.0000 3,000.00
13631 E. Marina Dr. #101
Aurora, CO 80014
OS811 Ronald Ostermiller 3.0000 3,000.00
13631 E. Marina Dr. #101
Aurora, CO 80014
OT809 Margaret M. Ottley IRA 2.0000 2,000.00
932 Glenbrook Dr. NW
Atlanta, GA 30318
OW270 Joe A. Owens, II 125.0000 125,000.00
P. O. Box 21025
Waco, TX 76702
PA230 Charles & Rosemarie Packard Jr 3.0000 3,000.00
Route 9 8 Dronfield Court
Greenville, SC 29609
PA559 Vince J. Palasota 10.0000 10,000.00
P. O. Box 20725
Waco, TX 76702-0725
PA575 John R. Palumbo IRA 20.0000 20,000.00
4921 Joaquin Way
Sacramento, CA 95822
PA730 Richard N. Papike 5.0000 5,000.00
<PAGE>
3198 Ashley Park Way
Jamul, CA 91935-1528
PA731 Larry V. Papike 5.0000 5,000.00
Combination Retirement Trust
3737 Camino Del Rio South #308
San Diego, CA 92108-4009
PA758 Annie N. Parkman 40.0000 40,000.00
P. O. Box 6235
Dothan, AL 36302
PA761 Gordon L. Partridge 10.0000 10,000.00
254 Hayden Station Rd.
Windsor, CT 06095
PA76D Marjean L. Parriott IRA 4.0000 4,000.00
302 Buckingham Blvd.
Gallatin, TN 37066
PA807 R. D. Pattillo, III 20.0000 20,000.00
3501 W. Waco Dr.
Waco, TX 76710
PA812 John G. Paty PSP 2.5000 2,500.00
c/o Arthritis Association
Suite 100 Memorial Plaza
605 Glenwood Avenue
Chattanooga, TN 37404-1103
PA813 Charlotte E. Paty IRA 2.5000 2,500.00
605 Glenwood Drive
Chattanooga, TN 37404-1103
PA814 John G. Paty IRA 2.5000 2,500.00
c/o Arthritis Association
Suite 100 Memorial Plaza
605 Glenwood Avenue
Chattanooga, TN 37404-1103
PE250 David P. & Marta Pedersen 5.0000 5,000.00
3208 Merrimack Lane
Flower Mound, TX 75028
PE614 Maxene L Pentecost 15.0000 15,000.00
3605 Clubwood Trail NE
Marietta, GA 30067
PE760 John V. & Jane H. Perini TTEES 10.0000 10,000.00
u/t/d 4/19/84
824 Glenoak
Arroyo Grande, CA 93420
PE767 Alan Robert Perlman InterVivos 3.0000 3,000.00
Trust, Suzanna Perlman,Trustee
6420 Worchester Drive
Nashville, TN 37221
<PAGE>
PE811 Melinda Peters-Jones IRA 2.0000 2,000.00
11870 Little Creek Crossing
Alpharetta, GA 30201
PE813 James D. Petrucelli 15.0000 15,000.00
653 Harpeth Trace Drive
Nashville, TN 37221-3147
PH270 Jeremy D. Phelan IRA 4.0000 4,000.00
1111 Whitfield Court
Elkhart, IN 46517
PH432 Michael Phelps IRA 2.0000 2,000.00
6610 Medinah Lane
Alexandria, VA 22312-3116
PI231 Janet Marie Picard IRA 2.5000 2,500.00
P. O. Box 214975
Sacramento, CA 95821
PI27A Ann Piersma or James Piersma 20.0000 20,000.00
333 Lakewood Blvd. #402
Holland, MI 49428
PO102 Giog Sing T. Po Trustee for 15.0000 15,000.00
Giog Sing T. Po, M.D. and
Divina T. Po, M.D., PC PSP &TR
1210 Briarville Road #A
Madison, TN 37115
PO102 Giog Sing T. Po Trustee for 15.0000 15,000.00
Giog Sing T. Po, M.D. and
Divina T. Po, M.D., PC PSP &TR
1210 Briarville Road #A
Madison, TN 37115
PO410 Norman D. Pohll IRA 3.0000 3,000.00
86399 N. Modesto Dr.
Eugene, OR 97402
PO570 James P. & Cheryl Poling 3.0000 3,000.00
119 Lynn Circle
Ripley, WV 25271
PO760 Philip W. & Patricia Porter 10.0000 10,000.00
86 Arthur Ave. SE
Minneapolis, MN 55414
PO810 Dwight P. Potter IRA 2.5000 2,500.00
2411 S. E. 8th Place
Renton, WA 98055
PO811 Janice D. Potter IRA 4.0000 4,000.00
2411 S E 8th Place
Renton, WA 98055
PR110 Christopher A. Pratt Keogh 3.0000 3,000.00
<PAGE>
687 Felino Way
Chula Vista, CA 91910
PR433 John R. Price 4.0000 4,000.00
5000 W. 95th Street Suite 270
P. O. Box 7368
Praire Vlg, KS 66207
PR436 Radiology Consultants Inc. 15.0000 15,000.00
FBO Edward M. Priest M.D.
2nd Restated MPPP
210 25th Ave. North, Ste. 1212
Nashville, TN 37203
PR43E Edward M. Priest IRA 2.5000 2,500.00
30 Annandale Drive
Nashville, TN 37215
PR43F Virginia B. Priest IRA 2.5000 2,500.00
30 Annandale Drive
Nashville, TN 37215
PR43S Diane G. Price Trustee 8.0000 8,000.00
FBO Diane G. Price Self-
Employed PSP&T
15460 Willow Ranch Road
Powoy, CA 92064-1001
PU760 Michael G. Purcell IRA 2.0000 2,000.00
3340 Laguna Avenue
Davis, CA 95616
QU113 Joseph Patrick Qualls IRA 20.0000 20,000.00
1616 Georgetown Lane
Murfreesboro, TN 37130
QU430 Sharon D. Quinn IRA 2.0000 2,000.00
7595 E. Gunnison Place
Denver, CO 80231
QU431 Sharon D. Quinn 3.0000 3,000.00
7595 E. Gunnison Rd.
Denver, CO 80231
RA253 Fred H. Rader, Jr. M.D. 6.0000 6,000.00
P. O. Box 5100
Waco, TX 76708
RA25F Natalie B. Rader 20.0000 20,000.00
2611 Polk Avenue
San Diego, CA 92104
RA570 Ralph Rais HR-10 Retirement 10.0000 10,000.00
3301 Evergreen
Anchorage, AK 99504
RA59C Dean Witter Reynolds, Inc. 10.0000 10,000.00
<PAGE>
FBO Mittur N. Ramprasad M.D.PC
VIP Plus PS dated 10/31/95
a/c #638-48977-204
507 N. Atlantic
Tullahoma, TN 37388-3504
RA730 Jill Rappaport IRA 2.0000 2,000.00
11454 Elbert Way
San Diego, CA 92126
RA950 Prabhakara B. Ravi 5.0000 5,000.00
111 Hastings Road
Athens, AL 35611
RE266 Woodrow A. & Frances C. Reed 8.0000 8,000.00
23825-15 SE #70
Bothell, WA 98021
RE44A Michael B. Reichert IRA 6.0000 6,000.00
24132 Barquero
Mission Veijo, CA 92691
RI231 Virginia W. Rice 6.0000 6,000.00
P. O. Box 935
Pulaski, VA 24301
RI232 Charlotte J. Richard IRA 4.0000 4,000.00
770 Rodney Drive
Nashville, TN 37205
RI233 Wayne C. Richard IRA 3.0000 3,000.00
958 Gen. Geo Patten
Nashville, TN 37221
RI245 Gerlie Rickard 3.0000 3,000.00
108 Twin Hill Drive
Madison, TN 37115
RI393 Ren T. Riggle 30.0000 30,000.00
10202 Myers Way South
Seattle, WA 98168
RI395 Fannie Riggs IRA 2.0000 2,000.00
1270 Rockcrest Drive
Marietta, GA 30067
RO204 Jerry B. Roberts 30.0000 30,000.00
103 Buckhill Lane
Madison, MS 39110
RO21A Oswald E & Katherine G Roberts 25.0000 25,000.00
226 East Shore Drive
Little Long Lake
Hickory Corners, MI 49060
RO21D Eric A Roberts, as Trustee udt 10.0000 10,000.00
dtd 1/22/90 FBO Eric A Roberts
<PAGE>
& Carol A Roberts as TTEES udt
dtd 1/22/90 FBO Carol Roberts
370 Oak Haven Drive
Melbourne, FL 32940
RO22D Richard R. Robertson IRA 6.0000 6,000.00
3821 Winchester Loop
Anchorage, AK 99507
RO250 Dan M. Roden IRA 2.5000 2,500.00
316 Fairfax Avenue
Nashville, TN 37212-4007
RO251 Rosemary W. Roden IRA 2.5000 2,500.00
316 Fairfax Avenue
Nashville, TN 37212-4007
RO592 Duane A. Romberg IRA 2.0000 2,000.00
P. O. Box 670036
Chugiak, AK 99567-0036
RO959 Virginia M. Rowe, Cust for 3.0000 3,000.00
Christopher D. Rowe
1105 Concord Street
Chattanooga, TN 37405
RO966 William E. Rowe Sr. IRA 2.5000 2,500.00
1105 Concord Street
Chattanooga, TN 37405
RU230 Suzanne R. Horstman 3.0000 3,000.00
4597 SE Windsor Court
Stuart, FL 34997
RU730 Demarius Sue Rupp 15.0000 15,000.00
2061 Ridgeview Drive
Longmont, CO 80501
RU790 Cheryl Russell 6.0000 6,000.00
132 North Summit, #C-6
Kent, WA 98031
RU791 Mitchell H. Russell 20.0000 20,000.00
73 Sussex Drive
Lewes, DE 19958
RU792 Jack P. & Lois Rust 3.0000 3,000.00
1121 Fair Oaks Avenue
Arroyo Grande, CA 93420
RU799 Russell Family Trust 10.0000 10,000.00
Donald Edward Russell Sr.
Trustee
9625 Bullion Way
Orangevale, CA 95662
SA211 Janelle Sabourin IRA 2.0000 2,000.00
<PAGE>
220 E. Arby Avenue
Las Vegas, NV 89119-4232
SA575 Sarah R. Salter IRA 4.0000 4,000.00
4039 McClatchey Circle
Atlanta, GA 30342
SA951 Sylvia Savin IRA 2.5000 2,500.00
12862 Circulo Dardo
San Diego, CA 92128
SA96A Sydney Sawyer IRA 2.0000 2,000.00
11907 Henderson Road
Clifton, VA 22024-2200
SC406 Carl Schaapman IRA 10.0000 10,000.00
200 Rolling Meadows Trail
Fayetteville, GA 30214
SC407 Joseph Schierl IRA 8.0000 8,000.00
3315 W. 45th Street
Minneapolis, MN 55410
SC413 Edith K. Schklar 15.0000 15,000.00
403 Bellwood Drive
Murfreesboro, TN 37133
SC414 Donald E. Schrader 7.0000 7,000.00
5929 Long Meadow Road
Nashville, TN 37205
SC417 Bruce D. Scott IRA 3.0000 3,000.00
11129 SW 81st Ave.
Tigard, OR 97223
SC420 Roger S. Scott IRA 3.0000 3,000.00
6285 20th Ave., NE
Seattle, WA 98115
SC43C John P. Schilling M.D. IRA 5.0000 5,000.00
P. O. Box 25
Jonesboro, GA 30237
SE433 Robert J. Seifert 3.0000 3,000.00
1011 Meadow Crest Drive
Valrico, FL 33594
SE760 Constance Sergio 3.0000 3,000.00
621 Hidden Point Road
Hartwell, GA 30643
SH115 Estelle & James Shaw 6.0000 6,000.00
925 Cleveland St. Apt 239
Greensville, SC 29601
SH116 Brenda M. Shammaa 10.0000 10,000.00
P. O. Box 370
<PAGE>
Hilton, WV 25951
SH270 Velma Shelton & Lamar Ireland 10.0000 10,000.00
101 Joyce Ave. #1F
Chattanooga, TN 37415
SH438 Glen S. & Mary S. Shimazu 6.0000 6,000.00
4921 El Paraiso Ave.
Sacramento, CA 95824
SH43I Floyd L. Shilanski IRA 2.0000 2,000.00
431 W. 7th Avenue #100
Anchorage, AK 99501-3511
SH442 Kay Shirley IRA 2.0000 2,000.00
3500 Piedmont Rd., NE #212
Atlanta, GA 30305-1503
SI271 Charles Sienknecht IRREV Trust 3.0000 3,000.00
4206 Ivory Avenue
Signal Mountain, TN 37215
SI273 Charles Sienknecht IRA 2.5000 2,500.00
4206 Ivory Ave.
Signal Mountain, TN 37377
SI274 Nancy Sienknecht IRA 3.0000 3,000.00
4206 Ivory Avenue
Signal Mountain, TN 37377
SI275 Charles W. Sienknecht PSP 2.5000 2,500.00
c/o Arthritis Associates
Suite 100 Memorial Plaza
605 Glenwood Avenue
Chattanooga, TN 37404-1103
SI410 Gerhard G. Sihler IRA 5.0000 5,000.00
48 Doral Farm Rd.
Stamford, CT 06902
SI570 Russell G. Sillery IRA 2.0000 2,000.00
152 Cheese Spring Road
Wilton, CT 06897-2307
SI590 Peter & Kveta Simon 3.0000 3,000.00
4853 Tommar Dr.
Fair Oaks, CA 95628-5125
SI613 William M. Singletary Jr IRA 5.0000 5,000.00
941 S. Galatin Street
Jackson, MS 39204
SI760 Daniel M. Siracusa IRA 2.0000 2,000.00
55 Stockade Road
So. Glastonbury, CT 06073
SL629 Kathleen A. Sloan 3.0000 3,000.00
<PAGE>
11217 W. 106th
Overland Park, KS 66214
SM428 Joseph F. Smith 100.0000 100,000.00
1901 East Wedover
Greensboro, NC 27405
SM43U Gregory A. Smith IRA 2.0000 2,000.00
P. O. Box 783
Grand Marais, MN 55604-0783
SM43V Cindy Lea Smith IRA 2.0000 2,000.00
HCR 1 Box 275
Grand Marais, MN 55604-9608
SM43X James D. Smith IRA 2.0000 2,000.00
6324 Inca Road
Ft. Worth, TX 76116
SM44T Charles K. Smith IRA 5.0000 5,000.00
P. O. Box 27
Hartsville, TN 37074
SM477 Edward C. & Shirley A. Smith 3.0000 3,000.00
1126 Saunders
Memphis, TN 38127
SO730 Betty Sopher IRA 4.0000 4,000.00
6930 Hyde Park Drive #106
San Diego, CA 92119
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 30.0000 30,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner .5000 500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner .5000 500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
<PAGE>
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 30.0000 30,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 20.0000 20,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.5000 3,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.5000 3,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.5000 4,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
<PAGE>
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 9.0000 9,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 73.0000 73,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
<PAGE>
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 30.0000 30,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 8.0000 8,000.00
P. O. Box 11390
<PAGE>
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 6.0000 6,000.00
P. O. Box 11390
Midland, TX 79702
<PAGE>
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 28.0000 28,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 7.0000 7,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
<PAGE>
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 50.0000 50,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 25.0000 25,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.5000 2,500.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
<PAGE>
Midland, TX 79702
SO850 SW Royalties: Limited Partner 3.0000 3,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 7.0000 7,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 15.0000 15,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 2.0000 2,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 8.0000 8,000.00
P. O. Box 11390
Midland, TX 79702
SO850 SW Royalties: Limited Partner 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO900 Southwest Royalties Ltd Ptnh 2.5000 2,500.00
P. O. Box 11390
Midland, TX 79702
SO900 Southwest Royalties Ltd Ptnh 10.0000 10,000.00
P. O. Box 11390
Midland, TX 79702
SO900 Southwest Royalties Ltd Ptnh 2.5000 2,500.00
P. O. Box 11390
Midland, TX 79702
SO900 Southwest Royalties Ltd Ptnh 4.0000 4,000.00
P. O. Box 11390
Midland, TX 79702
SO900 Southwest Royalties Ltd Ptnh 29.0000 29,000.00
P. O. Box 11390
Midland, TX 79702
SO900 Southwest Royalties Ltd Ptnh 5.0000 5,000.00
P. O. Box 11390
Midland, TX 79702
SP111 William T. Sparks IRA 5.0000 5,000.00
21 Boyd Drive
New Blaine, AR 72851-9095
<PAGE>
SP115 Joseph W. Spadaro IRA 10.0000 10,000.00
14 Halsey Avenue
Laguna Niguel, CA 92677
SP116 Karen M. Spadaro IRA 4.0000 4,000.00
14 Halsey Avenue
Laguna Niguel, CA 92677
SP11C Robert C. Sparkman IRA 5.0000 5,000.00
2144 Gorham Place
Germantown, TN 38138
SP435 Emily Loos Spitzner IRA 5.0000 5,000.00
1600 Oakway S.
Wayzata, MN 55391
SQ851 Rod Squires 25.0000 25,000.00
3501 W. Waco Dr.
Waco, TX 76710
ST113 Natalie L. Starr 5.0000 5,000.00
5709 Patomac Ave., NW
Washington, DC 20016-2559
ST259 Paul E. Steen IRA 2.0000 2,000.00
4417 E. Mountain View
Phoenix, AZ 85028
ST260 David P. Steed IRA 2.0000 2,000.00
2985 Habersham Way, N.W.
Atlanta, GA 30305
ST261 Rose B. Steed IRA 2.0000 2,000.00
2985 Habersham Way, N.W.
Atlanta, GA 30305
ST264 Laurence D. Stephens 10.0000 10,000.00
3319 Greenbrier Drive
Dallas, TX 75225-4818
ST272 Mary Christine Steuterman 10.0000 10,000.00
517 Hobbs Road
Greensboro, NC 27403
ST273 Margaret L. Stickley 15.0000 15,000.00
330 Hilltop Avenue
Keyser, WV 26726
ST274 Stanley W. Stevens 5.0000 5,000.00
112 13th St.
Pulanski, VA 24301
ST27G James G. Stensby IRA 9.0000 9,000.00
Route 3 Box 235-C
Winchester, TN 37398
ST27Z Joseph W. Stewart IRA 70.0000 70,000.00
<PAGE>
15650 S. 13th Place
Phoenix, AZ 85044-8663
ST294 Monic Y. Stensby IRA 4.0000 4,000.00
Route 3 Box 235-C
Winchester, TN 37398
ST630 William J. Stokes 15.0000 15,000.00
Temple First Stock Co. TTEE
P. O. Box 6101
Temple, TX 76503
ST76C Raymond Strickland IRA 2.5000 2,500.00
Pigg Schoolhouse Road
Santa Fe, TN 38482
ST76N Rodney Strachan Trustee 9.0000 9,000.00
FBO Rodney Strachan M.D., Inc.
Retirement Trust
11632 Ranch Hill
Santa Ana, CA 92705
ST772 Beth Jean Strickland IRA 2.5000 2,500.00
10442 Ravenbrook Lane
Knoxville, TN 37922
ST850 Bruce W. Stuart Children Trust 5.0000 5,000.00
45 Farmstead Lane
Windsor, CT 06095
ST851 Linda C. Stuart IRA 2.0000 2,000.00
45 Farmstead Lane
Windsor, CT 06095
SU810 Courtney R. Suthoff 5.0000 5,000.00
21014 Hwy 51
Hazlehurst, MS 39083
SU813 Rebecca Hewitt Suthoff 5.0000 5,000.00
21014 Hwy 51
Hazelhurst, MS 39083
SW274 Sweet Family Trust 8.0500 8,041.67
Carole Gail Sweet, Trustee
u/t/d 6/22/90
4324 Elder Avenue
Seal Beach, CA 90740
SW274 Sweet Family Trust 1.1300 1,134.80
Carole Gail Sweet, Trustee
u/t/d 6/22/90
4324 Elder Avenue
Seal Beach, CA 90740
SY590 Jackie Marie Symonds 10.0000 10,000.00
311C Misty Isle Lane
Las Vegas, NV 89107
<PAGE>
SY951 Johnne D. Syverson IRA 2.0000 2,000.00
1116 6th Street
W. Des Moines, IA 50265
TA810 John C. & Connie Tatgenhorst 3.0000 3,000.00
1113 Farington Dr.
Knoxville, TN 37923
TE211 Michael G. Tebeleff IRA 2.0000 2,000.00
7135 Willow Brook Way
Columbia, MD 21046
TE271 Betty A. Teem 10.0000 10,000.00
12 Bohler Mews N.W.
Atlanta, GA 30327
TE272 James H. Teepen IRA 2.0000 2,000.00
271 Sir Phillips Court
Las Vegas, NV 89110
TE273 Betty A. Teem IRA 5.0000 5,000.00
12 Bohler Mews N.W.
Atlanta, GA 30327-1141
TE980 Texas Seal Supply Co. 5.0000 5,000.00
Marcos Gallegos TTEE
P. O. Box 5726
Arlington, TX 76011
TH620 Frank L. & Lydia R. Thomas 4.0000 4,000.00
1211 Bates Street
Brandon, FL 33511-2934
TH649 Phillis M. Thompson 8.5000 8,500.00
2530 Dartsmouth Drive
Fayetteville, NC 28304
TH64C Kay T. Thomas IRA 2.0000 2,000.00
114 E. Prentiss Avenue
Greensville, SC 29605
TH64D Alfred W. Thomas III IRA 2.0000 2,000.00
114 E. Prentiss Avenue
Greenville, SC 29605
TI590 David L. Timmerman 5.0000 5,000.00
10493 River Bluff Trail
Zeeland, MI 49464
TI610 Kenneth T. & Retha A. Tiner 4.0000 4,000.00
Rt. 2 Box 1162
China Spring, TX 76633
TO632 Paul J. Toohey 10.0000 10,000.00
Custodian for Jason P. Toohey,
Heather L. Toohey & Nicole L.
<PAGE>
Toohey, UTMA CA
673 S. Pathfinder Trail
Anaheim Hills, CA 92807
TO760 Louis Tortora 5.0000 5,000.00
117 Darrow Lane
Greenlawn, NY 11740-2906
TO960 John H. & Claire Sue Townsend 5.0000 5,000.00
8832 Egret Isle Pointe
Lake Worth, FL 33467
TO961 Myron S. Towbin IRA 3.0000 3,000.00
1003 Edwin Warner Drive
Nashville, TN 37205
TR270 Joffre R. & Marjorie Tremblay 3.0000 3,000.00
18724 Soundview Dr.
Stanwood, WA 98292
TU390 William C. & Christine Tuggle 5.0000 5,000.00
950 Glendale Lane
Nashville, TN 37204
TU569 William L. Tullar 5.0000 5,000.00
5002 Millburn Dr.
Greensboro, NC 27407
TU570 Cesar J. Tula M.D. P.A. PSP 5.0000 5,000.00
315 Plymouth
Laredo, TX 78041
TU571 James H. & Wilma J. Tull 50.0000 50,000.00
1302 Sunbird
Waco, TX 76706
TU759 Evelyn S. Turner 15.0000 15,000.00
108 Corrine Drive
Greenville, SC 29607
TU761 Fred P. Turner 10.0000 10,000.00
1406 N. Main St.
Greenville, SC 29609
TU76H Toni Turok IRA 2.0000 2,000.00
8842 Summerhill Point
Alpine, CA 91901
TW630 Bonita Doris Twombly 10.0000 10,000.00
350 Grandview Avenue
Woodside, CA 94062
UP790 Charles & Margaret Upshaw 5.0000 5,000.00
1207 Glendale Road
Marietta, OH 45750-9323
VA252 Patrick L. Vaden IRA 6.0000 6,000.00
<PAGE>
1187 Vulzee Blvd.
Nashville, TN 37217
VA595 Vallejo Clinic PC MPP 15.0000 15,000.00
711 N. Atlantic
Tullahoma, TN 37388
VA61G Patricia Van DenBroeke IRA 2.0000 2,000.00
14802 N. 10th Street
Phoenix, AZ 85022
VA620 Sandra Van Velsor IRA 3.0000 3,000.00
4793 Winchester
Memphis, TN 38118
VA762 Peter J. Varney IRA 2.0000 2,000.00
5903 S. Fairfield St.
Littleton, CO 80120
WA567 Senorita G. Walden 50.0000 50,000.00
5704 Airport Freeway
Ft. Worth, TX 76117
WA761 Glenda E. Warren Irrevocable 3.0000 3,000.00
Trust
P. O. Box 59
Rescue, CA 95672
WA76S Gaylee P. Warner IRA 2.0000 2,000.00
E 9603 1390th Street
New Auburn, WI 54757
WA76V David B. Warner IRA 2.0000 2,000.00
P. O. Box 4987
Aspen, CO 81612
WA812 Samuel E. Watson 10.0000 10,000.00
3687 Summer Ave.
Memphis, TN 38122
WA81Q Corinne Watanabe 3.0000 3,000.00
1862 Rosemount Avenue
Claremont, CA 91711-2634
WA81V Rose Lynn B. Watson 10.0000 10,000.00
181 Belle Meade Lane
Memphis, TN 38117-3017
WE118 Henrietta Weaver Living Trust 5.0000 5,000.00
dated 10/21/80, Henrietta
Weaver, Trustee
Building 6 #45
230 State Street
Zeeland, MI 49464
WE210 William J. Webb, Jr. IRA 4.0000 4,000.00
1439 Ashtone
<PAGE>
Germantown, TN 38138
WE215 Ralph L. Weir, Jr. 100.0000 100,000.00
1570 Camel Drivers Lane
Colorado Spring, CO 80904
WE21Q Natalie F. Webb IRA 5.0000 5,000.00
Rt. 2 Box 2200
Townsend, GA 31331
WE21R Robert O. Webb IRA 5.0000 5,000.00
Rt. 2 Box 2200
Townsend, GA 31331
WE270 Era T. Weeks 5.0000 5,000.00
4931 Mill Brook Dr.
Dunwoody, GA 30338
WE27A Walter H. Weeks IRA 4.0000 4,000.00
4931 Millbrook Drive
Dunwoody, GA 30338
WE425 Alexandra Weinstein 3.0000 3,000.00
c/o Matthew Weinstein
905 E. Horseshoe Ct.
Virginia Beach, VA 23451-5924
WE426 Ileana Weinstein 3.0000 3,000.00
c/o Matthew Weinstein
905 East Horseshoe Court
Virginia Beach, VA 23451-5924
WE437 Robert F. Weigel IRA 3.5000 3,500.00
346 Herron Drive
Nashville, TN 37210
WE441 Edward W. Weitzel IRA 20.0000 20,000.00
10 Charter Oaks Condominiums
7100 F. Procher Drive
Myrtle Beach, SC 29577
WE442 Faye Weinzimer IRA 2.5000 2,500.00
4487 Post Place #70
Nashville, TN 37205
WE790 Carl E. Westmoreland, Jr. IRA 2.0000 2,000.00
908 W. Wesley Rd.
Atlanta, GA 30327
WE795 Kevin J. West IRA 2.0000 2,000.00
7004 Franklin
Des Moines, IA 50322
WE79C Stephen L. Weston IRA 3.0000 3,000.00
c/o Spencer L. Weston, CPA
3420 Coach Lane #12
Cameron Park, CA 95682
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WE79E T O Powell/D Wilson Trustees 8.4000 8,400.00
Peterson, Dillard, Young,
Self & Asselin 401K
FBO Carl E. Westmoreland, Jr.
230 Peachtree Street NW
Atlanta, GA 30303-1513
WE811 Phyllis E. Wetzel Trust 20.0000 20,000.00
Phyllis E. Wetzel, Trustee
u/a/d 5/17/88
905 Walnut Street
Frederick, MD 21703-8430
WH420 Richard A.& Maxine J. Whipple 5.0000 5,000.00
3102 52nd St.
Des Moines, IA 50310
WH429 Nancy E. Whidby IRA 2.0000 2,000.00
3652 Ingraham Street
San Diego, CA 92109-6716
WH43C William D. White IRA 10.0000 10,000.00
1606 Georgetown Lane
Murfreesboro, TN 37130
WI270 Mark A. Wierson 10.0000 10,000.00
9825 Iltis Drive
Des Moines, IA 50322
WI276 Phillip W. Wierson IRA 2.0000 2,000.00
5445 Mallard Pt.
Gainesville, GA 30501
WI27D Mark A. Wierson IRA 3.0000 3,000.00
9825 Iltis Drive
Des Moines, IA 50322
WI549 Harmon Willard 10.0000 10,000.00
3110 Marlynn Street
Carmichael, CA 95608
WI550 Dorman E. & Helen A. Williams 5.0000 5,000.00
Trustees u/a/d 10-9-84
FBO Dorman E. &
Helen A. Williams Trust
7596 17th Lane No.
St. Petersburg, FL 33702
WI572 Garrett J. Williamson IRA 2.0000 2,000.00
8281 Juanita Dr.
Olive Branch, MS 38654
WI575 Julie W. Wilson IRA 2.0000 2,000.00
17 Ridgemere Trce NE
Atlanta, GA 30328-4847
WI593 Evelyn Wimmer IRA 20.0000 20,000.00
<PAGE>
7440 S. Ocean Drive Apt A224
Jensen Beach, FL 34957-2022
WI59I Wilson Brock & Irby, L.L.C. 11.6000 11,600.00
401(k) Plan FBO Richard W.
Wilson, Jr. dated 5/19/95
999 Peachtree St. N.E. #2000
Atlanta, GA 30309
WI610 Winchester Partners 10.0000 10,000.00
James G. Stensby
660 Tri Cities Farm Road
Winchester, TN 37398
WI611 Norman C. & L. Ann Wingerd 40.0000 40,000.00
16 Cavaleade Circle
Sacramento, CA 95831
WO570 Jerry Wolfe IRA 4.0000 4,000.00
4154 Grandview
Memphis, TN 38117
WO590 H. H. WOMMACK III 1.0000 .00
P. O. Box 2196
MIDLAND, TX 79702
WO624 William E. & Jean Wood 5.0000 5,000.00
4963 Churnak Cove
Memphis, TN 38118
WO625 Thomas E. Wood IRA 2.0000 2,000.00
Route 11 Lynn Dr.
Taylors, SC 29687
WO63Q Charles Gardner Woodruff and 2.0000 2,000.00
Antoinette F. Woodruff TTEE's
of The Charles G Woodruff and
Antoinette F. Woodruff Fam Tst
8852 Sunny Mead Court
Las Vegas, NV 89134
WO63Y Antoinette Woodruff 2.0000 2,000.00
8852 Sunny Mead Court
Las Vegas, NV 89134-8824
YE760 June Yerby Trust 6.0000 6,000.00
U/A dated 10-31-79
11338 King
Overland Park, KS 66210
YO250 New River Internal Medicine 10.0000 10,000.00
FBO Donald E. Yoder Voluntary
Profit Sharing Plan
2460 Lee Highway
Pulaski, VA 24301
YO761 Clyde York 5.0000 5,000.00
<PAGE>
938 Strongbox Lane
N. Fort Meyes, FL 33917
YO840 David Young IRA 2.0000 2,000.00
1887 East Chase Avenue
El Cajon, CA 92020
YO85C Alice C. Young 4.0000 4,000.00
1816 Bedfordshire Drive
Decatur, GA 30033
YO860 S.M. & Frances C. Young 10.0000 10,000.00
537 Tower
Ketchikan, AK 99901
ZE430 Willard G. & Thelma Zeiler 5.0000 5,000.00
315 W. Walnut
El Sequndo, CA 90245
ZE611 Arpine M. Norian IRA 6.5360 6,536.00
4316 Pleasant St.
Des Moines, IA 50311
ZI270 Ralph P. Ziegler 4.0000 4,000.00
4504 Adams Street
Kansas City, KS 66103-3415
ZI612 David S. Zinn 5.0000 5,000.00
David S. Zinn Law Firm
Glen Echo Building, Ste. 102
2000 Glen Echo Road
Nashville, TN 37215
891 Total Investors 7,500.1390 7,499,139.00
<PAGE>
