Sky Investment as of Dec. 31, 2011

                {C}					         {C}
Item 1  Name of Issuer
Item 2
Item 3
Item 4
Item 5
a) Sole
b)
Shared
c)
other
Item 7
Item 8 a)
b)
c)
3M COMPANY
Common Stocks
88579Y101
693
8,485
8,485
0
0
8,485
0
0

ABBOTT LABORATORIES
Common Stocks
002824100
2,535
45,078
45,078
0
0
45,078
0
0

AMERICAN ELECTRIC POWER
Common Stocks
025537101
846
20,474
20,474
0
0
20,474
0
0

AMERICAN EXPRESS CO
Common Stocks
025816109
2,568
54,439
54,439
0
0
54,439
0
0

APACHE CORP
Common Stocks
037411105
228
2,519
2,519
0
0
2,519
0
0

AT^T INC
Common Stocks
00206R102
2,708
89,550
89,550
0
0
89,550
0
0

BABSON CAPITAL CORPORATE INVESTORS
Common Stocks
05617K109
1,142
63,463
63,463
0
0
63,463
0
0

BECTON DICKINSON & CO.
Common Stocks
075887109
1,910
25,559
25,559
0
0
25,559
0
0

BERKSHIRE HATHAWAY INC - CL B
Common Stocks
084670702
839
11,000
11,000
0
0
11,000
0
0

BHP BILLITON LTD - ADR
Common Stocks
088606108
1,073
15,188
15,188
0
0
15,188
0
0

BOEING COMPANY
Common Stocks
097023105
1,738
23,691
23,691
0
0
23,691
0
0

CBS CORP NEW CL B
Common Stocks
124857202
717
26,426
26,426
0
0
26,426
0
0

CHEVRON CORP
Common Stocks
166764100
2,461
23,133
23,133
0
0
23,133
0
0

CISCO SYSTEMS INC
Common Stocks
17275R102
1,094
60,523
60,523
0
0
60,523
0
0

COCA-COLA CO
Common Stocks
191216100
4,524
64,650
64,650
0
0
64,650
0
0

CONOCOPHILLIPS
Common Stocks
20825C104
2,202
30,221
30,221
0
0
30,221
0
0

DANAHER CORP
Common Stocks
235851102
2,366
50,304
50,304
0
0
50,304
0
0

DIAGEO PLC - ADR
Common Stocks
25243Q205
2,144
24,520
24,520
0
0
24,520
0
0

DOMINION RESOURCES INC
Common Stocks
25746U109
321
6,050
6,050
0
0
6,050
0
0

ECOLAB INC
Common Stocks
278865100
205
3,550
3,550
0
0
3,550
0
0

EMC CORP MASS
Common Stocks
268648102
308
14,300
14,300
0
0
14,300
0
0

EMERSON ELECTRIC CO
Common Stocks
291011104
1,470
31,546
31,546
0
0
31,546
0
0

ERHC ENERGY INC
Common Stocks
26884J104
6
75,000
75,000
0
0
75,000
0
0

EXELON CORPORATION
Common Stocks
30161N101
1,228
28,312
28,312
0
0
28,312
0
0

EXXON MOBIL CORP
Common Stocks
30231G102
8,688
102,498
102,498
0
0
102,498
0
0

FIFTH THIRD BANCORP
Common Stocks
316773100
719
56,540
56,540
0
0
56,540
0
0

GENERAL ELECTRIC CO
Common Stocks
369604103
2,734
152,666
152,666
0
0
152,666
0
0

GENERAL MILLS INC
Common Stocks
370334104
2,605
64,455
64,455
0
0
64,455
0
0

HALLIBURTON CO
Common Stocks
406216101
1,636
47,415
47,415
0
0
47,415
0
0

HEWLETT-PACKARD CO
Common Stocks
428236103
1,638
63,603
63,603
0
0
63,603
0
0

ILLINOIS TOOL WORKS
Common Stocks
452308109
2,533
54,218
54,218
0
0
54,218
0
0

INTEL CORP
Common Stocks
458140100
1,912
78,851
78,851
0
0
78,851
0
0

INTL BUSINESS MACHINES CORP
Common Stocks
459200101
1,517
8,251
8,251
0
0
8,251
0
0

JOHNSON & JOHNSON
Common Stocks
478160104
3,864
58,916
58,916
0
0
58,916
0
0

JOHNSON CONTROLS INC
Common Stocks
478366107
1,771
56,653
56,653
0
0
56,653
0
0

KIMBERLY-CLARK CORP
Common Stocks
494368103
3,462
47,058
47,058
0
0
47,058
0
0

KINDER MORGAN - FRACTIONAL SHARES
Common Stocks
EKE55U103
0
584,137
584,137
0
0
584,137
0
0

KRAFT FOODS
Common Stocks
50075N104
901
24,124
24,124
0
0
24,124
0
0

M^T BANK
Common Stocks
55261F104
1,602
20,983
20,983
0
0
20,983
0
0

MASCO CORP
Common Stocks
574599106
638
60,875
60,875
0
0
60,875
0
0

MCDONALD`S CORP
Common Stocks
580135101
2,157
21,500
21,500
0
0
21,500
0
0

MEDTRONIC INC
Common Stocks
585055106
936
24,465
24,465
0
0
24,465
0
0

MERCK & CO INC
Common Stocks
58933Y105
2,178
57,773
57,773
0
0
57,773
0
0

MICROSOFT CORP
Common Stocks
594918104
1,690
65,081
65,081
0
0
65,081
0
0

NESTLES SA - ADR
Common Stocks
641069406
2,367
41,010
41,010
0
0
41,010
0
0

NEW HAMPSHIRE THRIFT BANCSHARES
Common Stocks
644722100
450
39,820
39,820
0
0
39,820
0
0

NUCOR CORP
Common Stocks
670346105
1,794
45,342
45,342
0
0
45,342
0
0

OCCIDENTAL PETROLEUM CORP
Common Stocks
674599105
329
3,512
3,512
0
0
3,512
0
0

PEPSICO INC
Common Stocks
713448108
4,341
65,431
65,431
0
0
65,431
0
0

PHILIP MORRIS INTERNATIONAL
Common Stocks
718172109
6,258
79,743
79,743
0
0
79,743
0
0

PRAXAIR INC
Common Stocks
74005P104
3,460
32,370
32,370
0
0
32,370
0
0

PROCTER & GAMBLE CO
Common Stocks
742718109
4,965
74,433
74,433
0
0
74,433
0
0

PROGRESS ENERGY INC
Common Stocks
743263105
291
5,200
5,200
0
0
5,200
0
0

ROCHE HOLDINGS LTD - ADR
Common Stocks
771195104
1,498
35,197
35,197
0
0
35,197
0
0

ROYAL DUTCH SHELL PLC - ADR A
Common Stocks
780259206
1,774
24,265
24,265
0
0
24,265
0
0

SIEMENS AG - ADR
Common Stocks
826197501
1,104
11,544
11,544
0
0
11,544
0
0

SOUTHERN COMPANY
Common Stocks
842587107
2,992
64,628
64,628
0
0
64,628
0
0

SPECTRA ENERGY
Common Stocks
847560109
2,582
83,977
83,977
0
0
83,977
0
0

T ROWE PRICE GROUP INC
Common Stocks
74144T108
2,117
37,180
37,180
0
0
37,180
0
0

TEXAS INSTRUMENTS INC
Common Stocks
882508104
1,400
48,083
48,083
0
0
48,083
0
0

UNITED PARCEL SERVICE - CL B
Common Stocks
911312106
2,309
31,550
31,550
0
0
31,550
0
0

UNITED TECHNOLOGIES CORP
Common Stocks
913017109
3,709
50,741
50,741
0
0
50,741
0
0

VERIZON COMMUNICATIONS INC
Common Stocks
92343V104
1,228
30,603
30,603
0
0
30,603
0
0

WASHINGTON REAL ESTATE INV
Common Stocks
939653101
359
13,140
13,140
0
0
13,140
0
0

WP CAREY & CO. LLC
Common Stocks
92930Y107
313
7,650
7,650
0
0
7,650
0
0

WPP GROUP ADR
Common Stocks
92933H101
567
10,865
10,865
0
0
10,865
0
0