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    <value>8530</value>
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      <sshPrnamt>102233</sshPrnamt>
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      <Sole>102233</Sole>
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      <None>0</None>
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    <nameOfIssuer>SM ENERGY CO.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>78454L100</cusip>
    <value>2740</value>
    <shrsOrPrnAmt>
      <sshPrnamt>53010</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>53010</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>SOUTHERN CO.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>842587107</cusip>
    <value>213</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4800</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4800</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>SOUTHWESTERN ENERGY</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>845467109</cusip>
    <value>509</value>
    <shrsOrPrnAmt>
      <sshPrnamt>21935</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>21935</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>TARGET</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>87612E106</cusip>
    <value>11235</value>
    <shrsOrPrnAmt>
      <sshPrnamt>136895</sshPrnamt>
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    <votingAuthority>
      <Sole>136895</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>THERMO FISHER</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>883556102</cusip>
    <value>11618</value>
    <shrsOrPrnAmt>
      <sshPrnamt>86480</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>86480</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>TRIUMPH GROUP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>896818101</cusip>
    <value>8034</value>
    <shrsOrPrnAmt>
      <sshPrnamt>134522</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>134522</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>TYSON FOODS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>902494103</cusip>
    <value>1504</value>
    <shrsOrPrnAmt>
      <sshPrnamt>39280</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>39280</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>UNITED PARCEL SERVICE</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>911312106</cusip>
    <value>8723</value>
    <shrsOrPrnAmt>
      <sshPrnamt>89984</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>89984</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>VECTREN</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92240G101</cusip>
    <value>530</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>12000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>VERIZON</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92343V104</cusip>
    <value>209</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4299</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4299</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>WALMART</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>931142103</cusip>
    <value>7973</value>
    <shrsOrPrnAmt>
      <sshPrnamt>96935</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>96935</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>WALT DISNEY</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>254687106</cusip>
    <value>11792</value>
    <shrsOrPrnAmt>
      <sshPrnamt>112427</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>112427</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>WINDSTREAM HOLDINGS, INC.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>97382A101</cusip>
    <value>425</value>
    <shrsOrPrnAmt>
      <sshPrnamt>57498</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>57498</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>AMERICAN FUNDAMENTAL INVESTORS</nameOfIssuer>
    <titleOfClass>MFD</titleOfClass>
    <cusip>360802102</cusip>
    <value>350</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6708</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6708</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>FRANKLIN FEDERAL TAX-FREE INCO</nameOfIssuer>
    <titleOfClass>MFD</titleOfClass>
    <cusip>353519101</cusip>
    <value>158</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12578</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>12578</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>FRANKLIN HIGH YIELD TF INCM FD</nameOfIssuer>
    <titleOfClass>MFD</titleOfClass>
    <cusip>354723702</cusip>
    <value>163</value>
    <shrsOrPrnAmt>
      <sshPrnamt>15306</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>15306</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>FRANKLIN INCOME FUND CL A</nameOfIssuer>
    <titleOfClass>MFD</titleOfClass>
    <cusip>353496300</cusip>
    <value>101</value>
    <shrsOrPrnAmt>
      <sshPrnamt>42256</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>42256</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PUTNAM TAX-FREE HIGH YIELD FUN</nameOfIssuer>
    <titleOfClass>MFD</titleOfClass>
    <cusip>746872407</cusip>
    <value>166</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13119</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13119</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VANGUARD 500 INDEX FUND - ADMI</nameOfIssuer>
    <titleOfClass>MFD</titleOfClass>
    <cusip>922908710</cusip>
    <value>749</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3925</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3925</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SCHWAB US MID CAP ETF</nameOfIssuer>
    <titleOfClass>ETF</titleOfClass>
    <cusip>808524508</cusip>
    <value>5621</value>
    <shrsOrPrnAmt>
      <sshPrnamt>130267</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>130267</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
</informationTable>
