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<SEC-DOCUMENT>0001003297-07-000044.txt : 20070214
<SEC-HEADER>0001003297-07-000044.hdr.sgml : 20070214
<ACCEPTANCE-DATETIME>20070214111400
ACCESSION NUMBER:		0001003297-07-000044
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20070214
DATE AS OF CHANGE:		20070214
GROUP MEMBERS:		MICHAEL B. WHITE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CKX Lands Inc
		CENTRAL INDEX KEY:			0000352955
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				720144530
		STATE OF INCORPORATION:			LA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-82036
		FILM NUMBER:		07615328

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 899
		CITY:			LAKE CHARLES
		STATE:			LA
		ZIP:			70602
		BUSINESS PHONE:		3184944256

	MAIL ADDRESS:	
		STREET 1:		P O BOX 899
		CITY:			LAKE CHARLES
		STATE:			LA
		ZIP:			70602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALCASIEU REAL ESTATE & OIL CO INC
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ottley Properties, LLC
		CENTRAL INDEX KEY:			0001375131
		IRS NUMBER:				721306421
		STATE OF INCORPORATION:			LA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		337 METAIRIE ROAD
		STREET 2:		SUITE 202
		CITY:			METAIRIE
		STATE:			LA
		ZIP:			70005
		BUSINESS PHONE:		504-833-7900

	MAIL ADDRESS:	
		STREET 1:		337 METAIRIE ROAD
		STREET 2:		SUITE 202
		CITY:			METAIRIE
		STATE:			LA
		ZIP:			70005
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>otleysc13g1.htm
<TEXT>
<html>

<head>


<title>_</title>


</head>

<body lang=EN-US>



<p class=MsoNormal align=right style='text-align:right'><b>&nbsp;</b></p>

<p class=MsoNormal align=right style='text-align:right'><b>&nbsp;</b></p>









<p class=MsoNormal align=right style='text-align:center'><b>&nbsp;UNITED STATES<br>
SECURITIES AND
EXCHANGE COMMISSION<br>
Washington, D.C.&nbsp;
20549</b></p>



<p class=MsoNormal align=center style='text-align:center'><b>SCHEDULE 13G<br>
Under the
Securities Exchange Act of 1934</b></p>



<p class=MsoNormal align=center style='text-align:center'><b>(Amendment No. 1)*</b></p>



<p class=MsoNormal align=center style='text-align:center'><u>CKX Lands, Inc.<br>
</u>(Name of Issuer)</p>



<p class=MsoNormal align=center style='text-align:center'><u>Common Stock, no
par value<br>
</u>(Title of Class of
Securities)</p>



<p class=MsoNormal align=center style='text-align:center'><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12562N104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
</u>(CUSIP Number)</p>



<p class=MsoNormal align=center style='text-align:center'><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December
31, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
</u>(Date of Event Which
Requires Filing of this Statement)</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:</p>



<p class=MsoNormal>[&nbsp; ] Rule 13d-1(b)<br>
[x] Rule 13d-1(c)<br>
[&nbsp; ] Rule 13d-1(d)</p>



<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *The remainder of
this cover page shall be filled out for a reporting person's initial filing on
this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter the disclosures
provided in a prior cover page.</p>



<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The information
required in the remainder of this cover page shall not be deemed to be &quot;filed&quot;
for the purpose of Section 18 of the Securities Exchange Act of 1934 (&quot;Act&quot;) or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the Notes).</p>







<p class=MsoNormal align=center style='text-align:center'><b><font size="2">Persons who respond to the collection of information
contained in this form are not <br>
required to respond unless the form displays a
currently valid OMB control number.</font></b></p>

<p class=MsoFooter>&nbsp;</p>
<p class=MsoFooter>&nbsp;</p>
<p class=MsoFooter>&nbsp;</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>





<br clear=all
style='page-break-before:always'>












<p class=MsoNormal style='text-align:justify'>CUSIP No. 12562N104</p>



<table border="0" style="border-collapse: collapse" width="100%" id="table1" cellpadding="0">
	<tr>
		<td style="width: 25pt; border-bottom-style: none; border-bottom-width: medium" nowrap>&nbsp;</td>
		<td style="border-bottom-style: none; border-bottom-width: medium" nowrap>1)</td>
		<td width="606" style="border-bottom-style: none; border-bottom-width: medium" nowrap>



<p class=MsoNormal style='text-align:left;'>Name of Reporting Person</p></td>
		<td align="right" style="border-bottom-style: none; border-bottom-width: medium" nowrap>Ottley
Properties, LLC</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify;'>I.R.S.
Identification No. of Above Person (entities only)</p>



		</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
		<td style="border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
		<td width="606" style="border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
		<td align="right" style="border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>2)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>Check the Appropriate Box if a Member of a Group (See
Instructions)</p>

		</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify;'>(a).....</p></td>
		<td align="right" nowrap>_____</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify;'>(b).....</p></td>
		<td align="right" nowrap>_____</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>3)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>SEC Use Only</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>4)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>Citizenship or Place of
Organization</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>State of
		Louisiana</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td style="border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>














<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-bottom: 1px solid #000000" nowrap>
		(5)&nbsp;&nbsp;&nbsp;&nbsp; Sole Voting Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>100,000
		shares</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="164" style="border-style: none; border-width: medium" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beneficially</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-bottom: 1px solid #000000" nowrap>
		(6)&nbsp;&nbsp;&nbsp;&nbsp; Shared Voting Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>0 shares</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="164" style="border-style: none; border-width: medium" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Owned by</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Reporting</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-bottom: 1px solid #000000" nowrap>
		(7)&nbsp;&nbsp;&nbsp;&nbsp; Sole Dispositive Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>100,000
		shares</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="164" style="border-style: none; border-width: medium" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Person</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; With:</p>

		</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>(8)&nbsp;&nbsp;&nbsp;&nbsp;
		Shared Dispositive Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>0 shares</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;</p>



		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>9)</td>
		<td width="606" nowrap>



<p class=MsoNormal style='text-align:justify;'>Aggregate Amount Beneficially Owned by Each</p>

		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>Reporting
Person</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>100,000
		shares</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>



<p class=MsoNormal style='text-align:justify'>&nbsp;</p>



		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>10)</td>
		<td width="606" nowrap>
		<p class=MsoNormal style='text-align:justify;'>Check if the Aggregate Amount in Row (9)</p>

		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify'>Excludes
Certain Shares (See Instructions)</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>_____</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;</p>



		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>11)</td>
		<td width="606" nowrap>



<p class=MsoNormal style='text-align:justify;'>Percent of Class Represented by Amount</p>

		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>in Row (9)</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>5.1 %*</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>12)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>Type of Reporting Person (See
Instructions)</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>OO</td>
	</tr>
</table>
<p class=MsoNormal style='margin-left:1.0in;text-align:justify;text-indent:
- -1.0in; margin-top:0; margin-bottom:0'>&nbsp;</p>
<p class=MsoNormal style='margin-left:1.0in;text-align:justify;text-indent:
- -1.0in; margin-top:0; margin-bottom:0'><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u></p>

<p class=MsoNormal style='margin-left:9.0pt;text-align:justify;text-indent:
- -9.0pt; margin-top:0; margin-bottom:0'>* Based on 1,942,495 total shares outstanding as reported in the
Issuer's Form 10-QSB for the quarter ended September 30, 2006.</p>



<p class=MsoNormal style='line-height:12.0pt' align="center">-2-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<br clear=all
style='page-break-before:always'>










<p class=MsoNormal style='text-align:justify'>CUSIP No. 12562N104</p>
<table border="0" style="border-collapse: collapse" width="100%" id="table2" cellpadding="0">
	<tr>
		<td style="width: 25pt; border-bottom-style: none; border-bottom-width: medium" nowrap>&nbsp;</td>
		<td style="border-bottom-style: none; border-bottom-width: medium" nowrap>1)</td>
		<td width="606" style="border-bottom-style: none; border-bottom-width: medium" nowrap>



<p class=MsoNormal style='text-align:left;'>Name of Reporting Person</p></td>
		<td align="right" style="border-bottom-style: none; border-bottom-width: medium" nowrap>
		Michael B. White</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify;'>I.R.S.
Identification No. of Above Person (entities only)</p>



		</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
		<td style="border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
		<td width="606" style="border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
		<td align="right" style="border-top-style: none; border-top-width: medium" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>2)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>Check the Appropriate Box if a Member of a Group (See
Instructions)</p>

		</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify;'>(a).....</p></td>
		<td align="right" nowrap>_____</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify;'>(b).....</p></td>
		<td align="right" nowrap>_____</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>3)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>SEC Use Only</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>4)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>Citizenship or Place of
Organization</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>United States</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td style="border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>














<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-bottom: 1px solid #000000" nowrap>
		(5)&nbsp;&nbsp;&nbsp;&nbsp; Sole Voting Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>100,000
		shares</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="164" style="border-style: none; border-width: medium" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beneficially</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-bottom: 1px solid #000000" nowrap>
		(6)&nbsp;&nbsp;&nbsp;&nbsp; Shared Voting Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>0 shares</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="164" style="border-style: none; border-width: medium" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Owned by</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top-style: none; border-top-width: medium; border-bottom: medium none #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Reporting</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium; border-bottom: 1px solid #000000" nowrap>
		(7)&nbsp;&nbsp;&nbsp;&nbsp; Sole Dispositive Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>100,000
		shares</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-style: none; border-width: medium" nowrap>&nbsp;</td>
		<td width="164" style="border-style: none; border-width: medium" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Person</p>

		</td>
		<td width="606" style="border-left-style: none; border-left-width: medium" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="164" style="border-top-style: none; border-top-width: medium; border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; With:</p>

		</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>(8)&nbsp;&nbsp;&nbsp;&nbsp;
		Shared Dispositive Power</td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>0 shares</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;</p>



		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>9)</td>
		<td width="606" nowrap>



<p class=MsoNormal style='text-align:justify;'>Aggregate Amount Beneficially Owned by Each</p>

		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>Reporting
Person</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>100,000
		shares</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>



<p class=MsoNormal style='text-align:justify'>&nbsp;</p>



		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>10)</td>
		<td width="606" nowrap>
		<p class=MsoNormal style='text-align:justify;'>Check if the Aggregate Amount in Row (9)</p>

		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify'>Excludes
Certain Shares (See Instructions)</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>_____</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>

<p class=MsoNormal style='text-align:justify'>&nbsp;</p>



		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>11)</td>
		<td width="606" nowrap>



<p class=MsoNormal style='text-align:justify;'>Percent of Class Represented by Amount</p>

		</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>

<p class=MsoNormal style='text-align:justify'>in Row (9)</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>5.1 %*</td>
	</tr>
	<tr>
		<td style="width: 25pt" nowrap>&nbsp;</td>
		<td nowrap>&nbsp;</td>
		<td width="606" nowrap>&nbsp;</td>
		<td align="right" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td style="width: 25pt; border-bottom: 1px solid #000000" nowrap>&nbsp;</td>
		<td style="border-bottom: 1px solid #000000" nowrap>12)</td>
		<td width="606" style="border-bottom: 1px solid #000000" nowrap>



<p class=MsoNormal style='text-align:justify;'>Type of Reporting Person (See
Instructions)</p></td>
		<td align="right" style="border-bottom: 1px solid #000000" nowrap>IN</td>
	</tr>
</table>
<p class=MsoNormal style='margin-left:9.0pt;text-align:justify;text-indent:
- -9.0pt; margin-top:0; margin-bottom:0'>&nbsp;</p>
<p class=MsoNormal style='margin-left:9.0pt;text-align:justify;text-indent:
- -9.0pt; margin-top:0; margin-bottom:0'>&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michael B. White, as the sole manager of Ottley Properties,
Inc., exercises voting and investment power over the shares held by Ottley
Properties, LLC.</p>

<p class=MsoNormal style='margin-left:9.0pt;text-align:justify;text-indent:
- -9.0pt; margin-top:0; margin-bottom:0'>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on 1,942,495 total shares outstanding as reported in
the Issuer's Form 10-QSB for the quarter ended September 30, 2006.</p>



<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt' align="center">-3-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<br clear=all
style='page-break-before:always'>










<table border="0" style="border-collapse: collapse" width="100%" id="table6" cellpadding="0">
	<tr>
		<td nowrap>Item 1(a)</td>
		<td width="880" colspan="2">










<p class=MsoNormal style='text-align:justify'>Name of Issuer:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>CKX Lands, Inc.</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>Item 1(b)</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify'>Address of Issuer's Principal
Executive Offices:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>One Lakeside Plaza<br>
Lake Charles, Louisiana&nbsp; 70601</p></td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>Item 2(a)</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify'>Name of Person Filing:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>1.&nbsp; Ottley
Properties, LLC<br>
2.&nbsp; Michael B. White, as the sole manager of Ottley Properties, LLC</p>
		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>Item 2(b)</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify'>Address of Principal Business
Office:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>337 Metairie Road,
Suite 202<br>
Metairie, Louisiana&nbsp; 70005</p></td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>Item 2(c)</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify'>Citizenship:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>1.&nbsp; Ottley
Properties, LLC - State of Louisiana<br>
2.&nbsp; Michael B. White - United States</p></td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>Item 2(d)</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;page-break-after:avoid'>Title of
Class of Securities:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>Common Stock, no
par value</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td nowrap>Item 2(e)</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;page-break-after:avoid'>CUSIP
Number:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;margin-left:1in'>12562N104</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="880" colspan="2">&nbsp; </td>
	</tr>
	<tr>
		<td nowrap>Item 3.</td>
		<td width="880" colspan="2">



<p class=MsoNormal style='text-align:justify;page-break-after:avoid'>If this
statement is filed pursuant to &#167;&#167; 240.13d-1(b) or 240.13d-2(b) or (c), check
whether the person filing is a:</p>



		</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">



<p class=MsoNormal style='text-align:justify;'>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p>

		</td>
		<td width="780">Broker or dealer registered under Section 15 of the Act
		(15 U.S.C. 78o);</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">

<p class=MsoNormal style='text-align:justify;'>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p></td>
		<td width="780">Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
		78c);</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">

<p class=MsoNormal style='text-align:justify;'>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p></td>
		<td width="780">Insurance company as defined in section 3(a)(19) of the
		Act (15&nbsp;U.S.C. 78c);</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">

<p class=MsoNormal style='text-align:justify;'>(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p></td>
		<td width="780">Investment company registered under section 8 of the
		Investment Company Act of 1940 (15 U.S.C. 80a-8);</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">

<p class=MsoNormal style='text-align:justify;'>(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p></td>
		<td width="780">An investment adviser in accordance with &#167;
		240.13d-1(b)(1)(ii)(E);</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">

<p class=MsoNormal style='text-align:justify;'>(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p></td>
		<td width="780">An employee benefit plan or endowment fund in accordance
		with &#167;&nbsp;240.13d-1(b)(1)(ii)(F);</td>
	</tr>
	<tr>
		<td nowrap>&nbsp;</td>
		<td width="100">

<p class=MsoNormal style='text-align:justify;'>(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[ ]</p></td>
		<td width="780">A parent holding company or control person in accordance
		with &#167;&nbsp;240.13d-1(b)(1)(ii)(G);</td>
	</tr>
</table>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt' align="center">-4-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<br clear=all
style='page-break-before:always'>










<table border="0" style="border-collapse: collapse" width="100%" id="table7" cellpadding="0">
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		[ ]</td>
		<td width="780" valign="top" colspan="2">










<p class=MsoNormal style='text-align:justify;'>A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C. 1813);</p>

		</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		[ ]</td>
		<td width="780" valign="top" colspan="2">A church plan that is excluded from the
definition of an investment company under Section 3(c)(14) of the Investment
Company Act of&nbsp; 1940 (15 U.S.C. 80a-3);</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		[ ]</td>
		<td width="780" valign="top" colspan="2">

<p class=MsoNormal style='text-align:justify;'>Group, in accordance with &sect;
240.13d-1(b)(1)(ii)(J).</p>



		</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="780" valign="top" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>Item 4.</td>
		<td width="100" valign="top">



<p class=MsoNormal style='text-align:justify'>Ownership.</p>



		</td>
		<td width="780" valign="top" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="780" valign="top" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">(a)</td>
		<td width="615" valign="top" bgcolor="#CCCCFF">Amount Beneficially Owned</td>
		<td width="165" valign="top" bgcolor="#CCCCFF" nowrap>
		<p align="right">100,000 shares</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">(b)</td>
		<td width="615" valign="top" bgcolor="#CCCCFF">Percent of Class</td>
		<td width="165" valign="top" bgcolor="#CCCCFF" nowrap>
		<p align="right">5.1%</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">(c)</td>
		<td width="615" valign="top">Number of shares as to which such person
		has:</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top" bgcolor="#CCCCFF">(i)&nbsp;&nbsp;&nbsp;
		Sole power to vote or to direct the vote </td>
		<td width="165" valign="top" bgcolor="#CCCCFF" nowrap>
		<p align="right">100,000 shares</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top" bgcolor="#CCCCFF">(ii)&nbsp;&nbsp; Shared
		power to vote or to direct the vote</td>
		<td width="165" valign="top" bgcolor="#CCCCFF" nowrap>
		<p align="right">0 shares</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top" bgcolor="#CCCCFF">(iii)&nbsp; Sole power to
		dispose or to direct the disposition of.</td>
		<td width="165" valign="top" bgcolor="#CCCCFF" nowrap>



<p class=MsoNormal style='text-align:right;'>100,000 shares</p></td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top" nowrap>&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top" bgcolor="#CCCCFF">(iv)&nbsp;&nbsp;Shared
power to dispose or to direct the disposition of.</td>
		<td width="165" valign="top" bgcolor="#CCCCFF" nowrap>
		<p align="right">0 shares</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="615" valign="top">&nbsp;</td>
		<td width="165" valign="top">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>Item 5.</td>
		<td width="851" valign="top" colspan="3">



<p class=MsoNormal style='text-align:justify;'>Ownership of Five Percent or Less of a Class.&nbsp; If
this statement is being filed to report the fact that as of the date hereof the
reporting person has ceased to be the beneficial owner of more than 5 percent
of the class of securities, check the following&nbsp; [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ] .</p>



		</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="780" valign="top" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>Item 6.</td>
		<td width="851" valign="top" colspan="3">



<p class=MsoNormal style='margin-left:1.0in;text-align:justify;text-indent:
- -1.0in'>Ownership of More than Five Percent on Behalf of
Another Person.</p>



		</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="780" valign="top" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="851" valign="top" colspan="3">Not Applicable.</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="100" valign="top">&nbsp;</td>
		<td width="780" valign="top" colspan="2">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>Item 7.</td>
		<td width="851" valign="top" colspan="3">



<p class=MsoNormal style='text-align:justify;page-break-after:avoid'>Identification and
Classification of the Subsidiary Which Acquired the Security Being Reported on By
the Parent Holding Company.</p>



		</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="851" valign="top" colspan="3">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="851" valign="top" colspan="3">Not applicable.</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="851" valign="top" colspan="3">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>



<p class=MsoNormal style='margin-left:1.0in;text-align:justify;text-indent:
- -1.0in;page-break-after:avoid'>Item 8. </p>



		</td>
		<td width="851" valign="top" colspan="3">Identification and
		Classification of Members of the Group.</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="851" valign="top" colspan="3">&nbsp;</td>
	</tr>
	<tr>
		<td valign="top" nowrap>&nbsp;</td>
		<td width="851" valign="top" colspan="3">Not applicable.</td>
	</tr>
</table>



<p class=MsoNormal style='text-align:justify'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>



<p class=MsoNormal style='line-height:12.0pt' align="center">-5-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<br clear=all
style='page-break-before:always'>










<table border="0" style="border-collapse: collapse" width="100%" id="table5" cellpadding="0">
	<tr>
		<td>Item 9.</td>
		<td width="878">










<p class=MsoNormal style='text-align:justify;page-break-after:avoid'>Notice
of Dissolution of Group.</p>



		</td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td width="878">&nbsp;</td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td width="878">



<p class=MsoNormal style='text-align:justify'>Not applicable.</p>



		</td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td width="878">&nbsp;</td>
	</tr>
	<tr>
		<td>Item 10.</td>
		<td width="878">



<p class=MsoNormal style='text-align:justify;page-break-after:avoid'>Certification.</p>



		</td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td width="878">&nbsp;</td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td width="878">



<p class=MsoNormal style='text-align:justify'>By signing
below I certify that, to the best of my knowledge and belief, the securities
referred to above were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.&nbsp; </p>



		</td>
	</tr>
</table>



<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt' align="center">-6-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>





<br clear=all
style='page-break-before:always'>












<p class=MsoNormal style='text-align:center'><b>SIGNATURE</b></p>



<p class=MsoNormal style='text-align:justify;text-indent:.5in'>After reasonable
inquiry and to the best of my knowledge and belief, I certify that the
information set forth in this statement is true, complete and correct as of December
31, 2006.&nbsp; </p>
<table border="0" style="border-collapse: collapse" width="100%" id="table8" cellpadding="0">
	<tr>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top: medium none #000000; border-bottom: medium none #000000">
		Date:&nbsp; February 14, 2007 </td>
		<td width="355" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top: medium none #000000; border-bottom: 1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		/s/ Michael
B. White</td>
		<td width="205" style="border-left-style: none; border-left-width: medium">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium; border-top-style: none; border-top-width: medium">

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michael B.
White</p></td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">
		<p class=MsoNormal>&nbsp; </p>





		</td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">





<p class=MsoNormal>Ottley
Properties, LLC</p></td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">
		<p class=MsoNormal>&nbsp;&nbsp; </p>





		</td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">





<p class=MsoNormal>By:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Michael
B. White&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<br>
</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michael
B. White<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sole
Manager</p></td>
		<td width="205">&nbsp;</td>
	</tr>
</table>



<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt' align="center">-7-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<br clear=all
style='page-break-before:always'>










<p class=MsoNormal align=center style='text-align:center'><b>EXHIBIT A</b></p>

<p class=MsoNormal align=center style='text-align:center'><b>JOINT FILING
AGREEMENT</b></p>





<p class=Style0 style='text-align:justify;text-indent:.5in'>The undersigned agree that
this Amendment No. 1 to Schedule 13G dated as of December 31, 2006 relating to
the shares of common stock, no par value per share, of CKX Lands, Inc., to
which this Joint Filing Agreement is attached as Exhibit A, shall be filed on
behalf of the undersigned.</p>







<table border="0" style="border-collapse: collapse" width="100%" id="table3" cellpadding="0">
	<tr>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top: medium none #000000; border-bottom: medium none #000000">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium; border-top: medium none #000000; border-bottom: 1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		/s/ Michael
B. White</td>
		<td width="205" style="border-left-style: none; border-left-width: medium">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium; border-top-style: none; border-top-width: medium">

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michael B.
White</p></td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">
		<p class=MsoNormal>&nbsp; </p>





		</td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">





<p class=MsoNormal>Ottley
Properties, LLC</p></td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">
		<p class=MsoNormal>&nbsp;&nbsp; </p>





		</td>
		<td width="205">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-style: none; border-width: medium">&nbsp;</td>
		<td width="355" style="border-left-style: none; border-left-width: medium">





<p class=MsoNormal>By:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Michael
B. White&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<br>
</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michael
B. White<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sole
Manager</p></td>
		<td width="205">&nbsp;</td>
	</tr>
</table>

<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt'>&nbsp;</p>
<p class=MsoNormal style='line-height:12.0pt' align="center">-8-</p>

<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>







</body>

</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
