March 4 2016 March 25, 2016

)5(( &ROHEURRNª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¥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§7KH*RYHUQRU ZLOOVWDUWKHUGD\LQ*URYHWRQDW &RQWLQXHGRQSDJH ,WHPV)RXQG,Q$6WUDWIRUG$WWLF7HOO 7KH6WRU\2I$WK&HQWXU\)DPLO\ 7KHFRYHURIWKHQHZERRNE\5RVDOLH5\PDUVNLDERXW WKHLWHPVGLVFRYHUHGLQD6WUDWIRUGDWWLF %\7KRPDV-RUGDQ $XWKRU 5RVDOLH 5\PDUVNL IURP :DUH 0DVVKDVDQQRXQFHGWKHUHOHDVHRIKHUILUVW ERRN'LVFRYHU\LQWKH$WWLF$)DPLO\ªV 6KDUHG3DVW5HYHDOHG,WGHWDLOVDVOLFHRI &LYLO :DUHUD OLIH IRU WKH 1DKXP 'DQLHOV 'D\ªV IDPLO\ ZKR OLYHG LQ WKH V LQ 6WUDWIRUG+ROORZ 7KH ERRN WHOOV WKH VWRU\ RI WKH IDPLO\ LQ DSSUR[LPDWHO\OHWWHUVQRWHVDQGRWKHU ZULWLQJV DUUDQJHG FKURQRORJLFDOO\ IURP  7KHVH QRWHV ZHUH IRXQG LQ ROG ZRRGHQ WREDFFR ER[ LQ  E\ 5\PDUVNLªV VLVWHU DQG EURWKHULQODZ ZKHQ WKH\ SXUFKDVHG WKH KRPH WKH IRUPHU KRPH RI 1DKXPªV VRQ )UHG 1 'D\ 7KH OHWWHUV LPPHGLDWHO\ LQWULJXHG 5\PDUVNL ZKR EHFDPH IDVFLQDWHG ZLWK LGHQWLI\LQJ WKH SHRSOHEHKLQGWKHQRWHV §