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
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
3M Co COM 88579Y101 6,250 44,116 SH   SOLE   44,116 0 0
AT&T Inc. COM 00206R102 474 13,445 SH   SOLE   13,445 0 0
Allergan Inc. COM 018490102 8,923 50,075 SH   SOLE   50,075 0 0
Allstate Corp COM 020002101 381 6,206 SH   SOLE   6,206 0 0
Apple Computer COM 037833100 5,787 57,442 SH   SOLE   57,442 0 0
Automatic Data Processing COM 053015103 6,384 76,845 SH   SOLE   76,845 0 0
BYD Co Ltd ADR COM 05606L100 146 11,000 SH   SOLE   11,000 0 0
Berkshire Hathaway Inc Cl A COM 084670108 6,207 30 SH   SOLE   30 0 0
Berkshire Hathaway Inc Cl B COM 084670702 7,549 54,645 SH   SOLE   54,645 0 0
Bridgehampton National Bank COM 108035106 1,172 49,577 SH   SOLE   49,577 0 0
Bristol Myers COM 110122108 450 8,800 SH   SOLE   8,800 0 0
Caterpillar Inc. COM 149123101 2,325 23,475 SH   SOLE   23,475 0 0
Chevron Corporation COM 166764100 479 4,018 SH   SOLE   4,018 0 0
Coca-Cola COM 191216100 922 21,604 SH   SOLE   21,604 0 0
Deere & Company COM 244199105 1,623 19,800 SH   SOLE   19,800 0 0
Diageo Plc COM 25243Q205 4,618 40,013 SH   SOLE   40,013 0 0
Disney Walt Co COM 254687106 712 8,000 SH   SOLE   8,000 0 0
Ebay Inc Com COM 278642103 4,157 73,400 SH   SOLE   73,400 0 0
Ei Dupont De Nemours & Co COM 263534109 906 12,620 SH   SOLE   12,620 0 0
Emerson Elec Co COM 291011104 4,219 67,410 SH   SOLE   67,410 0 0
Exxon Mobil Corp COM 30231G102 8,734 92,862 SH   SOLE   92,862 0 0
Factset Research Sys COM 303075105 5,873 48,324 SH   SOLE   48,324 0 0
General Elec Co COM 369604103 10,706 417,865 SH   SOLE   417,865 0 0
Google Inc Cl C COM 38259P706 4,922 8,525 SH   SOLE   8,525 0 0
Google Inc. Cl A COM 38259P508 4,999 8,495 SH   SOLE   8,495 0 0
Heineken Holding COM N39338194 604 9,125 SH   SOLE   9,125 0 0
Honeywell International Inc COM 438516106 5,772 61,980 SH   SOLE   61,980 0 0
International Business Machine COM 459200101 4,249 22,383 SH   SOLE   22,383 0 0
Johnson & Johnson COM 478160104 5,983 56,132 SH   SOLE   56,132 0 0
Kraft Foods Group Inc Com COM 50076Q106 1,091 19,347 SH   SOLE   19,347 0 0
Laboratory Amer Hldgs Com New COM 50540R409 326 3,200 SH   SOLE   3,200 0 0
Mondelez Intl Inc Cl A COM 609207105 2,814 82,115 SH   SOLE   82,115 0 0
Nestle Sa COM 641069406 6,949 94,522 SH   SOLE   94,522 0 0
Nextera Energy Inc. COM 65339F101 418 4,457 SH   SOLE   4,457 0 0
Norfolk Southern Corp. COM 655844108 6,151 55,114 SH   SOLE   55,114 0 0
Pepsico Inc. COM 713448108 2,416 25,955 SH   SOLE   25,955 0 0
Perrigo Company COM G97822103 5,441 36,230 SH   SOLE   36,230 0 0
Pfizer Inc. COM 717081103 1,096 37,062 SH   SOLE   37,062 0 0
Plum Creek Timber Co. COM 729251108 390 10,000 SH   SOLE   10,000 0 0
Procter And Gamble Co COM 742718109 6,751 80,616 SH   SOLE   80,616 0 0
Schlumberger COM 806857108 6,289 61,845 SH   SOLE   61,845 0 0
Smucker J M Company COM 832696405 218 2,200 SH   SOLE   2,200 0 0
Southwestern Energy Co. COM 845467109 3,859 110,425 SH   SOLE   110,425 0 0
Target Corp COM 87612E106 765 12,200 SH   SOLE   12,200 0 0
Union Pacific COM 907818108 445 4,100 SH   SOLE   4,100 0 0
Verizon Communications COM 92343V104 402 8,033 SH   SOLE   8,033 0 0
Visa Inc COM 92826C839 3,527 16,530 SH   SOLE   16,530 0 0
Wells Fargo & Co. COM 949746101 363 7,000 SH   SOLE   7,000 0 0