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        <CityNm>TYLER</CityNm>
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        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>SHIRLEY NICHOLS</BusinessNameLine1Txt>
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          <CityNm>TYLER</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75702</ZIPCd>
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        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
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          <PersonNm>WILL A KNIGHT</PersonNm>
          <USAddress>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <TitleTxt>President</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELOISE C CHANDLER</PersonNm>
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          <TitleTxt>Vice-President</TitleTxt>
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          <PersonNm>THOMAS CLYDE</PersonNm>
          <USAddress>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75701</ZIPCd>
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          <TitleTxt>Vice President</TitleTxt>
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          <USAddress>
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          <TitleTxt>Vice President</TitleTxt>
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            <CityNm>TROUP</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <Desc>GROUND LEASE INCOME</Desc>
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          <Desc>OIL &amp; GAS ROYALTIES</Desc>
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        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>11598</Amt>
        <NetInvestmentIncomeAmt>11598</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE SCHEDULE 3: TOTAL EQUITIES</StockNm>
        <EOYBookValueAmt>9895290</EOYBookValueAmt>
        <EOYFMVAmt>12197823</EOYFMVAmt>
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    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvestmentsGovtObligationsSche" softwareId="23017517" softwareVersionNum="2023v5.1">
      <USGovtObligationsBookVlEOYAmt>6240833</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>6069001</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="23017517" softwareVersionNum="2023v5.1">
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture and Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>21576</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>21576</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Miscellaneous</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>179597</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>179597</AccumulatedDepreciationAmt>
        <EOYFMVAmt>5139253</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>1837</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>184</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1653</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>234</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>23</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>211</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ROYALTY OTHER DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>20827</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>20827</NetInvestmentIncomeAmt>
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    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherIncomeDetail>
        <Desc>GROUND LEASE INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>667</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>667</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MISC INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>532</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>532</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OIL &amp; GAS ROYALTIES</Desc>
        <RevenueAndExpensesPerBooksAmt>2041151</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2041151</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherIncreasesDetail>
        <Desc>wash sales and other basis adjustments</Desc>
        <Amt>38165</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL LIABILITES</Desc>
        <BOYBookValueAmt>3566</BOYBookValueAmt>
        <EOYBookValueAmt>3825</EOYBookValueAmt>
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      <OtherLiabilitiesDetail>
        <Desc>Rounding</Desc>
        <EOYBookValueAmt>1</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>boa administrative</CategoryTxt>
        <Amt>10829</Amt>
        <NetInvestmentIncomeAmt>10829</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BOA ANALYSIS FEE</CategoryTxt>
        <Amt>12245</Amt>
        <NetInvestmentIncomeAmt>12245</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BOA MANAGEMENT FEES</CategoryTxt>
        <Amt>69473</Amt>
        <NetInvestmentIncomeAmt>69473</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <TaxesDetail>
        <CategoryTxt>AD VALOREM TAXES</CategoryTxt>
        <Amt>61615</Amt>
        <NetInvestmentIncomeAmt>61615</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX PENALTY</CategoryTxt>
        <Amt>990</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>51000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>OKLAHOMA WITHHOLDING TAXES</CategoryTxt>
        <Amt>32</Amt>
        <NetInvestmentIncomeAmt>32</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAX EXPENSE</CategoryTxt>
        <Amt>10344</Amt>
        <NetInvestmentIncomeAmt>1034</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>9310</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>ROYALTY PROD TAXES</CategoryTxt>
        <Amt>245625</Amt>
        <NetInvestmentIncomeAmt>245625</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>UNEMPLOYMENT TAX EXPENSE</CategoryTxt>
        <Amt>21</Amt>
        <NetInvestmentIncomeAmt>2</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>19</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>