Founders Capital Management 13F-HR Quarterly holdings report by institutional manager

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

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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 Company	COM	88579Y101	413	1,964	SH		SOLE		1,964	0	0
Abbott Laboratories	COM	002824100	2,904	40,738	SH		SOLE		40,738	0	0
Abbvie Inc	COM	00287Y109	2,405	25,427	SH		SOLE		25,427	0	0
Alphabet Inc Class A	CAP STK CL A	02079K305	320	279	SH		SOLE		279	0	0
Alphabet Inc Class C	CAP STK CL C	02079K107	23,979	21,056	SH		SOLE		20,990	0	66
American Express Company	COM	025816109	8,297	77,791	SH		SOLE		77,041	0	750
Amgen Incorporated	COM	031162100	2,047	9,935	SH		SOLE		9,935	0	0
Apple Computer, Inc.	COM	037833100	1,299	5,724	SH		SOLE		5,724	0	0
Becton Dickinson&Co	COM	075887109	200	800	SH		SOLE		800	0	0
1/100 Berkshire Htwy Cla	CL A	084670108	336	1	SH		SOLE		1	0	0
Berkshire Hathaway Class B	CL B	084670702	32,698	146,132	SH		SOLE		145,882	0	250
Bristol-Myers Squibb Co	COM	110122108	341	5,399	SH		SOLE		5,399	0	0
C S X Corp	COM	126408103	12,275	164,522	SH		SOLE		163,047	0	1,475
Chevrontexaco Corp	COM	166764100	3,854	30,390	SH		SOLE		30,015	0	375
Cigna Corp	COM	125509109	394	1,842	SH		SOLE		1,842	0	0
Cisco Systems Inc	COM	17275R102	3,726	78,455	SH		SOLE		78,455	0	0
Coca Cola Company	COM	191216100	8,781	189,292	SH		SOLE		189,292	0	0
Disney Walt Co	COM	254687106	10,684	91,406	SH		SOLE		91,296	0	110
Dowdupont Inc	COM	260543103	222	3,643	SH		SOLE		3,643	0	0
Exxon Mobil Corporation	COM	30231G102	799	9,231	SH		SOLE		9,231	0	0
Facebook Inc Class A	CL A	30303M102	265	1,680	SH		SOLE		1,680	0	0
Fedex Corporation	COM	31428X106	6,749	29,374	SH		SOLE		29,374	0	0
Home Depot Inc	COM	437076102	8,241	42,101	SH		SOLE		41,686	0	415
Huntington Bancshar Pfd	PFD	446150500	1,012	50,595	SH		SOLE		50,595	0	0
Intel Corp.	COM	458140100	12,454	267,535	SH		SOLE		266,295	0	1,240
J M Smucker Co New	COM	832696405	479	4,702	SH		SOLE		4,702	0	0
Johnson & Johnson	COM	478160104	4,461	32,048	SH		SOLE		31,913	0	135
Jpmorgan Chase & Co	COM	46625H100	571	4,989	SH		SOLE		4,989	0	0
Liberty Global Inc Ser C	COM	G5480U120	5,581	216,388	SH		SOLE		214,016	0	2,372
Lockheed Martin Corp	COM	539830109	6,078	17,501	SH		SOLE		17,501	0	0
Lowes Companies Inc	COM	548661107	1,113	10,198	SH		SOLE		10,198	0	0
Mckesson Corporation	COM	58155Q103	7,478	54,649	SH		SOLE		54,327	0	322
Medtronic Inc	COM	G5960L103	6,690	69,547	SH		SOLE		68,977	0	570
Microsoft Corp	COM	594918104	13,914	123,943	SH		SOLE		123,363	0	580
New York Community Capital Trust V	PFD	64944P307	2,612	52,771	SH		SOLE		52,771	0	0
Norfolk Southern Corp	COM	655844108	365	2,008	SH		SOLE		2,008	0	0
Oracle Corporation	COM	68389X105	298	6,094	SH		SOLE		6,094	0	0
Pepsico Incorporated	COM	713448108	10,452	96,667	SH		SOLE		96,352	0	315
Procter & Gamble	COM	742718109	744	9,052	SH		SOLE		9,052	0	0
Protective Ins Corp	COM	057755100	777	35,950	SH		SOLE		35,950	0	0
Raytheon Company New	COM	755111507	478	2,338	SH		SOLE		2,338	0	0
Regeneron Pharms Inc	COM	75886F107	226	577	SH		SOLE		577	0	0
Stanley Black & Decker Pfd	PFD	854502705	2,465	99,644	SH		SOLE		99,644	0	0
Stryker Corp	COM	863667101	1,845	10,476	SH		SOLE		10,476	0	0
Textron Incorporated	COM	883203101	225	3,200	SH		SOLE		3,200	0	0
Tower Semiconductor Newf	COM	M87915274	422	20,000	SH		SOLE		20,000	0	0
Unitedhealth Group Inc	COM	91324P102	283	1,048	SH		SOLE		1,048	0	0
United Parcel Service B	COM	911312106	2,012	17,059	SH		SOLE		17,059	0	0
Union Pacific Corp	COM	907818108	6,338	39,027	SH		SOLE		39,027	0	0
United Technologies Corp	COM	913017109	9,158	67,399	SH		SOLE		66,879	0	520
Walgreens Boots Allianc	COM	931427108	11,412	155,144	SH		SOLE		153,953	0	1,191
Wells Fargo & Co New	COM	949746366	1,523	28,983	SH		SOLE		28,983	0	0
Wells Fargo Ban	PFD	949746804	2,447	1,934	SH		SOLE		1,934	0	0