*XOWKLDV7UHH7KHZHOOZKLFKLVIHHWGHHSFRQ
WDLQVD*XOWKLDVWUHHWKHURRWVRIZKLFKH[WHQGGHHS
XQGHUJURXQG:LWKOLWWOHURRPWRVSUHDGRXWWKHWUHHKDV
JURZQLQWRDPDOIRUPHGFROXPQRIWZLVWHGZRRGZLWK
QDUURZJDSVEHWZHHQLWVFXUOLQJEUDQFKHV
+LGGHQLQWKHVKDIWDUHDQXPEHURIYLQHEOLJKWVVHH
SDJHIRUWKHLUVWDWEORFN²RQHEOLJKWSOXVRQHDGGL
WLRQDOEOLJKWIRUHDFKPHPEHURIWKHSDUW\QRWLQFOXGLQJ
VLGHNLFNVPD[LPXPILYHEOLJKWV7KHEOLJKWVIRUPD
GHVFHQGLQJFROXPQZLWKWKHFORVHVWRQHIHHWEHORZWKH
ZHOO¶VPRXWK:LWKWKHLUEOLQGVLJKWWKH\FDQVHQVHLQWUXG
HUVLQWKHFRXUW\DUG+RZHYHUWKH\HPHUJHWRDWWDFNRQO\
ZKHQWKH\RUWKH*XOWKLDVWUHHWDNHGDPDJHRUZKHQ
*UDQQRFVHHDUHD:,2FRPPDQGVWKHPWRGRVR2QFH
WKHEOLJKWVDUHRXWRIWKHVKDIWD0HGLXPRUVPDOOHUFKDU
DFWHUFDQFOLPEGRZQLWVOLSSLQJEHWZHHQWKHEUDQFKHVRI
WKHWUHHZLWKHDVHQRDELOLW\FKHFNQHHGHG
7KH*XOWKLDVWUHHLVD+XJHSODQWZLWKEORRGIRUVDS,W
KDV$&KLWSRLQWVYXOQHUDELOLW\WRILUHGDPDJH
DQGQRDFWLRQVUHDFWLRQVRUGHIHQVHV/LNHDQRUGLQDU\
WUHHLW¶VLPPRELOH8QOHVVLW¶VFRPSOHWHO\XSURRWHGKRZ
HYHULWUHJURZVIURPLWVURRWVHYHQLILW¶VUHGXFHGWRKLW
SRLQWVUHJDLQLQJKLWSRLQWHYHU\KRXUV
2QDQ\QLJKWZKHQWKHPRRQLVEORRGUHGWKH*XOWKLDV
WUHHFDQVSDZQGWZLJEOLJKWVOGQHHGOHEOLJKWVRU
OGYLQHEOLJKWV7KHVHEOLJKWVVSOLWIURPWKHWUHHDQG
FUDZORXWRIWKHZHOOUHDG\WRGR*UDQQRF¶VELGGLQJ
6RXQGLQJWKH$ODUP$Q\ORXGQRLVHLQWKHFRXUW\DUG
DOHUWVWKHFUHDWXUHVLQDUHDV:,2DQG:5ROOLQLWLDWLYH
IRUWKHVHFUHDWXUHVDQGWKHYLQHEOLJKWVLQWKHZHOODQG
KDYHWKHPUHDFWDVIROORZV
*UDQQRFDQGWKHWZLJEOLJKWVLQDUHD:,2LQYHVWLJDWH
LPPHGLDWHO\2QWKHLUILUVWWXUQWKH\HQWHUWKHFRXUW
\DUGZKHUHXSRQ*UDQQRFFRPPDQGVWKHYLQHEOLJKWV
WRHPHUJHIURPWKHZHOO*UDQQRFDQGWKHEOLJKWVWKHQ
XVHWKHLUDFWLRQVWRDWWDFNWKHLUQHDUHVWIRHV
7KHRUHVLQDUHD:XVHWKHLUILUVWWXUQWRGURSGRZQ
LQWRDUHD:7KH\EDUJHWKURXJKWKHGRRUDQGMRLQWKH
EDWWOHRQWKHLUVHFRQGWXUQ
:$SSUHQWLFHV¶ 5 RRP
'HVFULEHWKLVDUHDWRWKHSOD\HUVDVIROORZV
7KLVURRPZDVRQFHDEHGFKDPEHUNLWFKHQDQGGLQLQJ
URRPUROOHGLQWRRQH)RXUEHGVVWDQGDORQJWKHVRXWK
ZDOOZLWKVKXWWHUHGZLQGRZVDQGQLJKWVWDQGVEHWZHHQ
WKHP$JDLQVWWKHZHVWZDOODUHIRXUZDUGUREHVDQGDFDEL
QHWIXOORISODLQGLVKZDUHDQGFXWOHU\)RXUFKDLUVVXUURXQG
DVPDOOGLQLQJWDEOHLQWKHQRUWKHDVWFRUQHUDQGDWUHVWOH
WDEOHVWUHZQZLWKSRWVDQGFRRNLQJXWHQVLOVVWDQGVQHDUD
EODFNHQHGILUHSODFH$OOWKHIXUQLVKLQJVDUHPDGHRIZRRG
7KHFHLOLQJLQWKHVRXWKZHVWFRUQHURIWKHURRPKDV
FROODSVHGILOOLQJWKHDUHDEHORZZLWKGHEULVDQGOHDYLQJD
MDJJHGKROHWKURXJKZKLFKWKHURRPDERYHLVYLVLEOH
7KHZL]DUGZKREXLOWWKHPDQVHKDGIRXUDSSUHQWLFHV
:KHQLWEHFDPHFOHDUWKDWWKHZL]DUGZDVQ¶WFRPLQJ
EDFNWKHDSSUHQWLFHVSLOODJHGWKHOLEUDU\DUHD:OODQG
IOHGWDNLQJWKHLUSHUVRQDOEHORQJLQJVZLWKWKHP
$Q\ORXGQRLVHLQWKLVDUHDDOHUWVWKHRUHVLQDUHD:
2QWKHLUILUVWWXUQWKH\GURSGRZQWKURXJKWKHKROHLQ
WKHFHLOLQJ2QWKHIROORZLQJWXUQWKH\DWWDFN
$GYHQWXUHUVFDQPRYHWDOOIXUQLWXUHXQGHUQHDWKWKH
KROHDQGFOLPEXSLWWRUHDFKDUHD:ZLWKRXWKDYLQJWR
PDNHDQDELOLW\FKHFN
:,2:L]DUG¶V/DERUDWRU\
7KHGRRURQWKHHDVWVLGHRIWKLVURRPKDVEHHQVPDVKHG
GRZQEXWDQ\OLJKWIURPWKHFRXUW\DUGLVQ¶WHQRXJKWR
LOOXPLQDWHWKHURRP&KDUDFWHUVZLWKGDUNYLVLRQRUDOLJKW
VRXUFHVHHWKHIROORZLQJ
:KDWXVHGWREHVRPHVRUWRIODERUDWRU\OLHVLQUXLQV
LWVIXUQLVKLQJVEURNHQDQGKHDSHGDJDLQVWWKHZDOOV,Q
WKHPLGGOHRIWKHURRPSDLQWHGRQWKHIORRUZLWKPXG
LVDWHQIRRWZLGHV\PEROGHSLFWLQJWKUHHOLJKWQLQJEROWV
MRLQHGDWWKHLUWLSV
$Q\FKDUDFWHUZKRVXFFHHGVRQD'&,QWHOOLJHQFH
5HOLJLRQFKHFNUHFRJQL]HVWKHV\PERODVWKDWRI7DORV
WKHHYLOJRGRIVWRUPV$FOHULFZLWKWKH7HPSHVWGRPDLQ
VXFFHHGVRQWKHFKHFNDXWRPDWLFDOO\
,IWKHFKDUDFWHUVPDQDJHWRJHWWKLVIDUZLWKRXWDOHUWLQJ
*UDQQRFWKH\FDWFKKLPSHUIRUPLQJDULWXDO
:KHUHWKHOLJKWQLQJEROWVFRQYHUJHDKDOIRUHZHDULQJ
KLGHDUPRUSHUIRUPVDQHHULHGDQFHZKLOHFRQVXPLQJWKH
HQWUDLOVRIDGHDGSRVVXP6WDQGLQJDURXQGWKHKDOIRUH
DUHVHYHUDOVPDOOWZLJILJXUHV
7KHKDOIRUH*UDQQRFLVDQDQFKRULWHRI7DORVVHH
SDJHIRUKLVVWDWEORFN8QGHUKLVFRPPDQGDUHD
QXPEHURIWZLJEOLJKWVVHHSDJH²WKUHHEOLJKWV
IRUHDFKFKDUDFWHULQWKHSDUW\QRWLQFOXGLQJVLGHNLFNV
&KDUDFWHUVZKRZDWFK*UDQQRFZLWKRXWDOHUWLQJRULQWHU
UXSWLQJKLPFDQGHWHUPLQHWKDWKH¶VSHUIRUPLQJDULWXDO
ZLWKDVXFFHVVIXO'&,QWHOOLJHQFH5HOLJLRQFKHFN
*UDQQRFKRSHV7DORVZLOODQVZHUKLVSUD\HUVDQGUDLQ
GHVWUXFWLRQGRZQXSRQ)DOFRQ¶V+XQWLQJ/RGJH$Q\LQ
WHUUXSWLRQE\WKHFKDUDFWHUVVSRLOVWKHULWXDODQGLQFXUV
*UDQQRF¶VZUDWK
0DS*UDQQRFKDVDPDSVFUDZOHGRQWKHWRUQRIIIODS
RIDOHDWKHUVDWFKHO,WVKRZV1HYHUZLQWHU:RRGDQG
PDUNVWKHORFDWLRQRIWKH&LUFOHRI7KXQGHUSDJH
:OO/LEUDU\
7KLVDUHDH[WHQGVWKURXJKERWKIORRUVRIWKHKRXVH'H
VFULEHLWWRWKHSOD\HUVDVIROORZV
7KLVURRPKDVDWHQIRRWKLJKZRRGHQEDOFRQ\IRUPLQJLWV
XSSHUOHYHOUHDFKHGE\DZRRGHQVSLUDOVWDLUFDVHFXUOLQJ
GRZQWRWKHIODJVWRQHIORRU7DOOHPSW\ERRNFDVHVOLQH
WKHZDOOVWKHLUVKHOYHVPRVWO\ERZHGDQGEURNHQ2QWKH
ORZHUOHYHOHDVWRIWZRSLOODUVDUHIRXUROGGHVNVZLWK
FKDLUVWXFNHGEHKLQGWKHP$IHZPROG\ERRNVDUHVFDW
WHUHGDERXW
:22'/$1'0$16(