<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>APPLE</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>037833100</cusip>
			<value>7661</value>
			<shrsOrPrnAmt>
				<sshPrnamt>61148</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>61148</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CHEVRON</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>166764100</cusip>
			<value>7447</value>
			<shrsOrPrnAmt>
				<sshPrnamt>70586</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>70586</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>IBM</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>459200101</cusip>
			<value>6367</value>
			<shrsOrPrnAmt>
				<sshPrnamt>40045</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>40045</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>UNITED TECHNOLOGIES</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>913017109</cusip>
			<value>5619</value>
			<shrsOrPrnAmt>
				<sshPrnamt>47990</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>47990</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JOHNSON &amp; JOHNSON</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>478160104</cusip>
			<value>5373</value>
			<shrsOrPrnAmt>
				<sshPrnamt>54550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>54550</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DISNEY</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>254687106</cusip>
			<value>5233</value>
			<shrsOrPrnAmt>
				<sshPrnamt>49425</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>49425</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PFIZER</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>717081103</cusip>
			<value>5107</value>
			<shrsOrPrnAmt>
				<sshPrnamt>148453</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>148453</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>J P MORGAN CHASE</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>46625H100</cusip>
			<value>5076</value>
			<shrsOrPrnAmt>
				<sshPrnamt>84850</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>84850</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VISA</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>92826C839</cusip>
			<value>5064</value>
			<shrsOrPrnAmt>
				<sshPrnamt>77688</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>77688</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>XBI</nameOfIssuer>
			<titleOfClass>ETF</titleOfClass>
			<cusip>78463X301</cusip>
			<value>5002</value>
			<shrsOrPrnAmt>
				<sshPrnamt>22560</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>22560</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VANGUARD EMERGING MARKETS VIPERS</nameOfIssuer>
			<titleOfClass>ETF</titleOfClass>
			<cusip>922042858</cusip>
			<value>4926</value>
			<shrsOrPrnAmt>
				<sshPrnamt>115644</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>115644</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AFLAC INC</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>001055102</cusip>
			<value>4846</value>
			<shrsOrPrnAmt>
				<sshPrnamt>76525</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>76525</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMGEN</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>031162100</cusip>
			<value>4826</value>
			<shrsOrPrnAmt>
				<sshPrnamt>30970</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>30970</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INTEL CORP</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>458140100</cusip>
			<value>4729</value>
			<shrsOrPrnAmt>
				<sshPrnamt>154175</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>154175</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PEPSICO INC</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>713448108</cusip>
			<value>4452</value>
			<shrsOrPrnAmt>
				<sshPrnamt>46341</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>46341</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENERAL ELECTRIC CO.</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>369604103</cusip>
			<value>4437</value>
			<shrsOrPrnAmt>
				<sshPrnamt>177540</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>177540</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>NATIONAL FUEL GAS</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>636180101</cusip>
			<value>4172</value>
			<shrsOrPrnAmt>
				<sshPrnamt>67725</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>67725</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CSX</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>126408103</cusip>
			<value>4150</value>
			<shrsOrPrnAmt>
				<sshPrnamt>125100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>125100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SCHLUMBERGER</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>806857108</cusip>
			<value>4087</value>
			<shrsOrPrnAmt>
				<sshPrnamt>48000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>48000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MC CORMICK</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>579780206</cusip>
			<value>4071</value>
			<shrsOrPrnAmt>
				<sshPrnamt>52829</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>52829</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CATERPILLAR</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>149123101</cusip>
			<value>3993</value>
			<shrsOrPrnAmt>
				<sshPrnamt>49806</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>49806</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GOOGLE</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>38259P706</cusip>
			<value>3457</value>
			<shrsOrPrnAmt>
				<sshPrnamt>6485</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>6485</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CONAGRA FOODS</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>205887102</cusip>
			<value>3163</value>
			<shrsOrPrnAmt>
				<sshPrnamt>83439</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>83439</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GILEAD</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>375558103</cusip>
			<value>2769</value>
			<shrsOrPrnAmt>
				<sshPrnamt>28090</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>28090</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>D R HORTON</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>23331A109</cusip>
			<value>2643</value>
			<shrsOrPrnAmt>
				<sshPrnamt>90575</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>90575</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ANADARKO</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>032511107</cusip>
			<value>2443</value>
			<shrsOrPrnAmt>
				<sshPrnamt>28685</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>28685</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MICROSOFT</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>594918104</cusip>
			<value>2154</value>
			<shrsOrPrnAmt>
				<sshPrnamt>53310</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>53310</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PRAXAIR</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>74005P104</cusip>
			<value>1910</value>
			<shrsOrPrnAmt>
				<sshPrnamt>15629</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>15629</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EXXON CORP</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>302290101</cusip>
			<value>1807</value>
			<shrsOrPrnAmt>
				<sshPrnamt>21373</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>21373</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SOVRAN SELF STORAGE</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>84610H108</cusip>
			<value>1612</value>
			<shrsOrPrnAmt>
				<sshPrnamt>17075</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>17075</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COCA COLA CO.</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>191216100</cusip>
			<value>1372</value>
			<shrsOrPrnAmt>
				<sshPrnamt>33600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>33600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VANGUARD MATERIALS</nameOfIssuer>
			<titleOfClass>ETF</titleOfClass>
			<cusip>92204A801</cusip>
			<value>1209</value>
			<shrsOrPrnAmt>
				<sshPrnamt>11125</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>11125</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DU PONT E I DE NEMOURS</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>263534109</cusip>
			<value>715</value>
			<shrsOrPrnAmt>
				<sshPrnamt>10000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>10000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>3M</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>88579Y101</cusip>
			<value>660</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>4000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SEADRILL</nameOfIssuer>
			<titleOfClass>COMMON</titleOfClass>
			<cusip>G7945E105</cusip>
			<value>518</value>
			<shrsOrPrnAmt>
				<sshPrnamt>52025</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>52025</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
</informationTable>
