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 7,249 44,116 SH   SOLE   44,116 0 0
AT&T Inc. COM 00206R102 452 13,445 SH   SOLE   13,445 0 0
Actavis Plc Shs COM G0083B108 528 2,050 SH   SOLE   2,050 0 0
Allergan Inc. COM 018490102 10,273 48,325 SH   SOLE   48,325 0 0
Allstate Corp COM 020002101 531 7,556 SH   SOLE   7,556 0 0
Apple Computer COM 037833100 6,340 57,442 SH   SOLE   57,442 0 0
Automatic Data Processing COM 053015103 6,407 76,845 SH   SOLE   76,845 0 0
BYD Co Ltd ADR COM 05606L100 86 11,000 SH   SOLE   11,000 0 0
Berkshire Hathaway Inc Cl A COM 084670108 6,780 30 SH   SOLE   30 0 0
Berkshire Hathaway Inc Cl B COM 084670702 8,205 54,645 SH   SOLE   54,645 0 0
Bridgehampton National Bank COM 108035106 1,326 49,577 SH   SOLE   49,577 0 0
Bristol Myers COM 110122108 519 8,800 SH   SOLE   8,800 0 0
Caterpillar Inc. COM 149123101 2,149 23,475 SH   SOLE   23,475 0 0
Cdk Global Inc Com COM 12508E101 521 12,789 SH   SOLE   12,789 0 0
Chevron Corporation COM 166764100 429 3,824 SH   SOLE   3,824 0 0
Coca-Cola COM 191216100 811 19,204 SH   SOLE   19,204 0 0
Deere & Company COM 244199105 1,999 22,600 SH   SOLE   22,600 0 0
Diageo Plc COM 25243Q205 4,831 42,343 SH   SOLE   42,343 0 0
Disney Walt Co COM 254687106 754 8,000 SH   SOLE   8,000 0 0
Ebay Inc Com COM 278642103 4,149 73,925 SH   SOLE   73,925 0 0
Ei Dupont De Nemours & Co COM 263534109 933 12,620 SH   SOLE   12,620 0 0
Emerson Elec Co COM 291011104 4,112 66,610 SH   SOLE   66,610 0 0
Exxon Mobil Corp COM 30231G102 8,599 93,012 SH   SOLE   93,012 0 0
Factset Research Sys COM 303075105 6,797 48,294 SH   SOLE   48,294 0 0
General Elec Co COM 369604103 10,595 419,265 SH   SOLE   419,265 0 0
Google Inc Cl C COM 38259P706 5,498 10,445 SH   SOLE   10,445 0 0
Google Inc. Cl A COM 38259P508 4,922 9,275 SH   SOLE   9,275 0 0
Heineken Holding COM N39338194 573 9,125 SH   SOLE   9,125 0 0
Honeywell International Inc COM 438516106 6,193 61,980 SH   SOLE   61,980 0 0
International Business Machine COM 459200101 2,223 13,857 SH   SOLE   13,857 0 0
Johnson & Johnson COM 478160104 5,870 56,132 SH   SOLE   56,132 0 0
Kraft Foods Group Inc Com COM 50076Q106 2,058 32,849 SH   SOLE   32,849 0 0
Laboratory Amer Hldgs Com New COM 50540R409 345 3,200 SH   SOLE   3,200 0 0
Mondelez Intl Inc Cl A COM 609207105 3,237 89,115 SH   SOLE   89,115 0 0
Nestle Sa COM 641069406 6,319 86,077 SH   SOLE   86,077 0 0
Nextera Energy Inc. COM 65339F101 474 4,457 SH   SOLE   4,457 0 0
Norfolk Southern Corp. COM 655844108 6,041 55,114 SH   SOLE   55,114 0 0
Pepsico Inc. COM 713448108 2,421 25,605 SH   SOLE   25,605 0 0
Perrigo Company COM G97822103 6,248 37,380 SH   SOLE   37,380 0 0
Pfizer Inc. COM 717081103 1,154 37,062 SH   SOLE   37,062 0 0
Plum Creek Timber Co. COM 729251108 428 10,000 SH   SOLE   10,000 0 0
Procter And Gamble Co COM 742718109 7,293 80,066 SH   SOLE   80,066 0 0
Schlumberger COM 806857108 5,414 63,385 SH   SOLE   63,385 0 0
Smucker J M Company COM 832696405 222 2,200 SH   SOLE   2,200 0 0
Southwestern Energy Co. COM 845467109 3,227 118,250 SH   SOLE   118,250 0 0
Target Corp COM 87612E106 916 12,066 SH   SOLE   12,066 0 0
Union Pacific COM 907818108 488 4,100 SH   SOLE   4,100 0 0
Verizon Communications COM 92343V104 376 8,033 SH   SOLE   8,033 0 0
Visa Inc COM 92826C839 4,334 16,530 SH   SOLE   16,530 0 0
Wells Fargo & Co. COM 949746101 384 7,000 SH   SOLE   7,000 0 0