The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CARDINAL HEALTH INC COM 14149Y108 3,057,657 44,475 SH SOLE 44,475 0 0
CISCO SYS INC COM 17275R102 1,404,970 82,066 SH SOLE 82,066 0 0
CONOCOPHILLIPS COM 20825C104 397,136 6,826 SH SOLE 6,826 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 441,430 11,284 SH SOLE 11,284 0 0
EXXON MOBIL CORP COM 30231G102 7,086,688 126,165 SH SOLE 126,165 0 0
JPMORGAN CHASE & CO COM 46625H100 856,510 21,580 SH SOLE 21,580 0 0
ORACLE CORP COM 68389X105 363,858 29,800 SH SOLE 29,800 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 287,853 6,069 SH SOLE 6,069 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 250,265 2,010 SH SOLE 2,010 0 0
VARIAN MED SYS INC COM 92220P105 2,180,981 43,325 SH SOLE 43,325 0 0
DREYFUS MUN INCOME INC COM COM 26201R102 208,109 23,383 SH SOLE 23,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 128,260 21,200 SH SOLE 21,200 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 174,740 16,270 SH SOLE 16,270 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 144,906 39,484 SH SOLE 39,484 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 269,180 31,300 SH SOLE 31,300 0 0
AIR PRODS & CHEMS INC COM 009158106 378,816 6,400 SH SOLE 6,400 0 0
APPLIED MATLS INC COM 038222105 2,385,123 132,950 SH SOLE 132,950 0 0
BP PLC SPONSORED ADR 055622104 253,156 3,942 SH SOLE 3,942 0 0
BECTON DICKINSON & CO COM 075887109 890,686 14,825 SH SOLE 14,825 0 0
BOSTON SCIENTIFIC CORP COM 101137107 1,278,378 52,200 SH SOLE 52,200 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 399,438 17,382 SH SOLE 17,382 0 0
CHEVRON CORP NEW COM 166764100 3,957,209 69,706 SH SOLE 69,706 0 0
CLOROX CO DEL COM 189054109 1,406,605 24,725 SH SOLE 24,725 0 0
COCA COLA CO COM 191216100 308,694 7,658 SH SOLE 7,658 0 0
COLGATE PALMOLIVE CO COM 194162103 2,372,263 43,250 SH SOLE 43,250 0 0
CONAGRA BRANDS INC COM 205887102 1,443,084 71,158 SH SOLE 71,158 0 0
DISNEY WALT CO COM DISNEY 254687106 1,692,881 70,625 SH SOLE 70,625 0 0
GENERAL ELECTRIC CO COM 369604103 2,206,573 62,955 SH SOLE 62,955 0 0
HEWLETT PACKARD CO COM 428236103 269,036 9,397 SH SOLE 9,397 0 0
HOME DEPOT INC COM 437076102 3,133,192 77,401 SH SOLE 77,401 0 0
HONEYWELL INTL INC COM 438516106 997,368 26,775 SH SOLE 26,775 0 0
IDACORP INC COM 451107106 383,830 13,100 SH SOLE 13,100 0 0
INTEL CORP COM 458140100 2,346,490 94,010 SH SOLE 94,010 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 885,705 10,775 SH SOLE 10,775 0 0
JOHNSON & JOHNSON COM 478160104 1,946,339 32,385 SH SOLE 32,385 0 0
LILLY ELI & CO COM 532457108 297,098 5,250 SH SOLE 5,250 0 0
MARATHON OIL CORP COM 565849106 1,963,234 32,200 SH SOLE 32,200 0 0
MICROSOFT CORP COM 594918104 2,736,100 104,631 SH SOLE 104,631 0 0
NEWELL BRANDS INC COM 651229106 2,053,403 86,350 SH SOLE 86,350 0 0
PAYCHEX INC COM 704326107 2,432,056 63,800 SH SOLE 63,800 0 0
PFIZER INC COM 717081103 2,676,996 114,794 SH SOLE 114,794 0 0
PLUM CREEK TIMBER CO INC COM 729251108 339,267 9,411 SH SOLE 9,411 0 0
SAFEWAY INC COM 786514208 269,724 11,400 SH SOLE 11,400 0 0
SCHLUMBERGER LTD COM 806857108 580,471 5,975 SH SOLE 5,975 0 0
STEWART ENTERPRISES INC CL A 860370105 751,378 138,887 SH SOLE 138,887 0 0
SYSCO CORP COM 871829107 98,050,746 3,157,834 SH SOLE 3,157,834 0 0
TEXAS INSTRS INC COM 882508104 915,599 28,550 SH SOLE 28,550 0 0
US BANCORP DEL COM NEW 902973304 4,100,101 137,173 SH SOLE 137,173 0 0
UNION PAC CORP COM 907818108 360,684 4,480 SH SOLE 4,480 0 0
VOLTERRA SEMICONDUCTOR CORP COM 928708106 154,990 10,333 SH SOLE 10,333 0 0
WALMART INC COM 931142103 1,262,009 26,966 SH SOLE 26,966 0 0
WALGREEN CO COM 931422109 442,777 10,004 SH SOLE 10,004 0 0
WELLS FARGO CO NEW COM 949746101 5,723,436 91,094 SH SOLE 91,094 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 306,466 4,984 SH SOLE 4,984 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 32,575 11,350 SH SOLE 11,350 0 0
MOTOROLA INC COM 620076109 1,997,137 88,408 SH SOLE 88,408 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 217,210 21,400 SH SOLE 21,400 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 170,951 30,150 SH SOLE 30,150 0 0
TRINITY INDS INC COM 896522109 677,576 15,375 SH SOLE 15,375 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 3,751,569 1,278 SH SOLE 1,278 0 0
MERCK & CO INC COM 589331107 399,088 12,546 SH SOLE 12,546 0 0
INGERSOLL-RAND COMPANY LTD CL A G4776G101 1,951,890 48,350 SH SOLE 48,350 0 0
AMERICAN INTL GROUP INC COM 026874107 2,319,547 33,996 SH SOLE 33,996 0 0
WASHINGTON MUT INC COM 939322103 2,232,638 51,325 SH SOLE 51,325 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 205,425 24,900 SH SOLE 24,900 0 0
GANNETT INC COM 364730101 1,957,925 32,325 SH SOLE 32,325 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 331,113 9,693 SH SOLE 9,693 0 0
ZIONS BANCORPORATION N A COM 989701107 687,067 9,093 SH SOLE 9,093 0 0
SAFECO CORP COM 786429100 1,067,850 18,900 SH SOLE 18,900 0 0
ALLTEL CORP COM 020039103 10,596,635 167,934 SH SOLE 167,934 0 0
WD-40 CO COM 929236107 1,153,208 43,915 SH SOLE 43,915 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 138,804 25,800 SH SOLE 25,800 0 0
FIRST DATA CORP COM 319963104 2,641,889 61,425 SH SOLE 61,425 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 144,500 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 234,400 10,000 SH SOLE 10,000 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 186,010 30,950 SH SOLE 30,950 0 0
LUCENT TECHNOLOGIES INC COM 549463107 33,486 12,589 SH SOLE 12,589 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 348,767 6,150 SH SOLE 6,150 0 0
COMPUTER ASSOC INTL INC COM 204912109 747,035 26,500 SH SOLE 26,500 0 0