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    <votingAuthority>
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      <None>22413</None>
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    <value>940</value>
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      <sshPrnamt>14925</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>14925</None>
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    <nameOfIssuer>Dover Corp.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>260003108</cusip>
    <value>739</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7876</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>7876</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>26078j100</cusip>
    <value>3097</value>
    <shrsOrPrnAmt>
      <sshPrnamt>58099</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8874</Sole>
      <Shared>0</Shared>
      <None>49225</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>26078j100</cusip>
    <value>53</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
    <otherManager>02</otherManager>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>1000</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>281020107</cusip>
    <value>506</value>
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      <sshPrnamt>8173</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>8173</None>
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    <nameOfIssuer>Emerson Electric</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>291011104</cusip>
    <value>744</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10866</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3200</Sole>
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      <None>7666</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>291011104</cusip>
    <value>362</value>
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      <sshPrnamt>5290</sshPrnamt>
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    <investmentDiscretion>OTR</investmentDiscretion>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>5290</None>
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    <cusip>294429105</cusip>
    <value>281</value>
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      <sshPrnamt>2368</sshPrnamt>
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    <investmentDiscretion>OTR</investmentDiscretion>
    <otherManager>02</otherManager>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>2368</None>
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    <nameOfIssuer>Exxon Mobil</nameOfIssuer>
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    <cusip>30231G102</cusip>
    <value>4839</value>
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      <sshPrnamt>59886</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>7899</Sole>
      <Shared>0</Shared>
      <None>51987</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>30231G102</cusip>
    <value>585</value>
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      <sshPrnamt>7236</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>7236</None>
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    <value>511</value>
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      <sshPrnamt>2815</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>2815</None>
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    <nameOfIssuer>Fidelity National Info.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>31620M106</cusip>
    <value>551</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4873</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
    <otherManager>02</otherManager>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>4873</None>
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    <nameOfIssuer>Fifth 3rd Bancorp</nameOfIssuer>
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    <cusip>316773100</cusip>
    <value>394</value>
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      <sshPrnamt>15605</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
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      <None>15605</None>
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    <value>501</value>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>0</Sole>
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      <None>9724</None>
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    <nameOfIssuer>Flir Systems</nameOfIssuer>
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    <cusip>302445101</cusip>
    <value>940</value>
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      <sshPrnamt>19749</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
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      <None>19749</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>369604103</cusip>
    <value>881</value>
    <shrsOrPrnAmt>
      <sshPrnamt>88216</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6644</Sole>
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      <None>81572</None>
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    <nameOfIssuer>General Electric</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>369604103</cusip>
    <value>155</value>
    <shrsOrPrnAmt>
      <sshPrnamt>15549</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>15549</None>
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    <nameOfIssuer>Genesee &amp; Wyoming</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>371559105</cusip>
    <value>1025</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11763</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>11763</None>
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    <nameOfIssuer>Grand Canyon Ed</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38526m106</cusip>
    <value>510</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4457</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>4457</None>
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    <nameOfIssuer>Home Depot</nameOfIssuer>
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    <cusip>437076102</cusip>
    <value>1953</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10178</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1437</Sole>
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      <None>8741</None>
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    <nameOfIssuer>Hoya Capital Housing ETF</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>26922a230</cusip>
    <value>2078</value>
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      <sshPrnamt>82000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>70000</Sole>
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      <None>12000</None>
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    <nameOfIssuer>Humana</nameOfIssuer>
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    <cusip>444859102</cusip>
    <value>1160</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4360</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>4360</None>
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    <nameOfIssuer>Huntington Ingalls Ind.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>446413106</cusip>
    <value>445</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2150</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>2150</None>
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    <nameOfIssuer>IAC Interactive Corp.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>44919P508</cusip>
    <value>1890</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8995</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>8995</None>
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    <nameOfIssuer>Icon PLC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G4705A100</cusip>
    <value>956</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6999</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>6999</None>
    </votingAuthority>
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    <nameOfIssuer>Intel</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>458140100</cusip>
    <value>4114</value>
    <shrsOrPrnAmt>
      <sshPrnamt>76615</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>15312</Sole>
      <Shared>0</Shared>
      <None>61303</None>
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  <infoTable>
    <nameOfIssuer>Intel</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>458140100</cusip>
    <value>187</value>
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      <sshPrnamt>3480</sshPrnamt>
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    <investmentDiscretion>OTR</investmentDiscretion>
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      <Sole>0</Sole>
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      <None>3480</None>
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  <infoTable>
    <nameOfIssuer>International Business Machine</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>459200101</cusip>
    <value>1866</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13227</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1610</Sole>
      <Shared>0</Shared>
      <None>11617</None>
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  <infoTable>
    <nameOfIssuer>JPMorgan Chase</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>46625h100</cusip>
    <value>6470</value>
    <shrsOrPrnAmt>
      <sshPrnamt>63917</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2134</Sole>
      <Shared>0</Shared>
      <None>61783</None>
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  <infoTable>
    <nameOfIssuer>JPMorgan Chase</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>46625h100</cusip>
    <value>2079</value>
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      <sshPrnamt>20536</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
    <otherManager>02</otherManager>
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      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>20536</None>
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  <infoTable>
    <nameOfIssuer>Johnson &amp; Johnson</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>478160104</cusip>
    <value>17474</value>
    <shrsOrPrnAmt>
      <sshPrnamt>125000</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8011</Sole>
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      <None>116989</None>
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  <infoTable>
    <nameOfIssuer>Johnson &amp; Johnson</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>478160104</cusip>
    <value>1252</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8959</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
    <otherManager>02</otherManager>
    <votingAuthority>
      <Sole>0</Sole>
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      <None>8959</None>
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  <infoTable>
    <nameOfIssuer>Keycorp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>493267108</cusip>
    <value>610</value>
    <shrsOrPrnAmt>
      <sshPrnamt>38740</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>38740</None>
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  <infoTable>
    <nameOfIssuer>Kimberly Clark</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>494368103</cusip>
    <value>578</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4663</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>OTR</investmentDiscretion>
    <otherManager>02</otherManager>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>4663</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Kroger</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>501044101</cusip>
    <value>669</value>
    <shrsOrPrnAmt>
      <sshPrnamt>27185</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>27185</None>
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  <infoTable>
    <nameOfIssuer>Marriott Vacations Worldwide</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>57164Y107</cusip>
    <value>805</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8605</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>8605</None>
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  <infoTable>
    <nameOfIssuer>Masco Corp.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>574599106</cusip>
    <value>500</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12731</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>12731</None>
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  <infoTable>
    <nameOfIssuer>McCormick</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>579780206</cusip>
    <value>2117</value>
    <shrsOrPrnAmt>
      <sshPrnamt>14055</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4800</Sole>
      <Shared>0</Shared>
      <None>9255</None>
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  <infoTable>
    <nameOfIssuer>McDonald's Corp.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>580135101</cusip>
    <value>1486</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7825</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1866</Sole>
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      <None>5959</None>
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  <infoTable>
    <nameOfIssuer>Merck</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58933y105</cusip>
    <value>2579</value>
    <shrsOrPrnAmt>
      <sshPrnamt>31006</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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    <value>236</value>
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      <sshPrnamt>1300</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>0</Sole>
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      <None>1300</None>
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      <sshPrnamt>28889</sshPrnamt>
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    <votingAuthority>
      <Sole>1700</Sole>
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      <None>27189</None>
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      <sshPrnamt>8042</sshPrnamt>
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      <Sole>0</Sole>
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      <None>8042</None>
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    <value>1644</value>
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      <sshPrnamt>15821</sshPrnamt>
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      <Sole>0</Sole>
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      <None>15821</None>
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    <value>855</value>
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      <sshPrnamt>12604</sshPrnamt>
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      <Sole>0</Sole>
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      <None>12604</None>
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    <value>323</value>
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      <sshPrnamt>7974</sshPrnamt>
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      <None>7974</None>
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      <sshPrnamt>7974</sshPrnamt>
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      <None>7974</None>
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    <value>353</value>
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      <sshPrnamt>3537</sshPrnamt>
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      <Sole>392</Sole>
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      <None>3145</None>
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    <value>632</value>
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      <sshPrnamt>4952</sshPrnamt>
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    <votingAuthority>
      <Sole>1255</Sole>
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      <None>3697</None>
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    <nameOfIssuer>Zimmer Biomet</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
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    <value>357</value>
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      <sshPrnamt>2796</sshPrnamt>
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      <None>2796</None>
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    <nameOfIssuer>Zoetis</nameOfIssuer>
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    <value>968</value>
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      <sshPrnamt>9620</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
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      <None>9620</None>
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    <value>278</value>
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      <sshPrnamt>2340</sshPrnamt>
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      <Sole>440</Sole>
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      <None>1900</None>
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    <nameOfIssuer>Mid America Apartment Communit</nameOfIssuer>
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      <sshPrnamt>9243</sshPrnamt>
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      <Sole>891</Sole>
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      <None>8352</None>
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      <sshPrnamt>31155</sshPrnamt>
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    <votingAuthority>
      <Sole>210</Sole>
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      <None>30945</None>
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