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    <cusip>808513105</cusip>
    <value>8132</value>
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    <cusip>166764100</cusip>
    <value>2102</value>
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      <Sole>18435</Sole>
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      <None>0</None>
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    <cusip>172908105</cusip>
    <value>6428</value>
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      <Sole>37140</Sole>
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      <None>545</None>
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    <cusip>17275R102</cusip>
    <value>2950</value>
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    <votingAuthority>
      <Sole>67551</Sole>
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      <None>1225</None>
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    <cusip>191216100</cusip>
    <value>1410</value>
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      <sshPrnamt>32459</sshPrnamt>
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      <Sole>32459</Sole>
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      <None>0</None>
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    <cusip>205887102</cusip>
    <value>873</value>
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      <Sole>23675</Sole>
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      <None>0</None>
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    <cusip>20825C104</cusip>
    <value>804</value>
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      <sshPrnamt>13565</sshPrnamt>
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      <Sole>12990</Sole>
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      <None>575</None>
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    <value>3405</value>
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      <Sole>42989</Sole>
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      <None>700</None>
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    <cusip>212015101</cusip>
    <value>270</value>
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      <sshPrnamt>4580</sshPrnamt>
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      <Sole>4580</Sole>
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    <value>257</value>
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      <Sole>3018</Sole>
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      <None>0</None>
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    <value>295</value>
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      <sshPrnamt>4023</sshPrnamt>
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    <votingAuthority>
      <Sole>4023</Sole>
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      <None>0</None>
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    <nameOfIssuer>Disney (Walt) Co</nameOfIssuer>
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    <value>804</value>
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      <sshPrnamt>8004</sshPrnamt>
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      <Sole>8004</Sole>
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      <None>0</None>
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    <value>2634</value>
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      <None>150</None>
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      <Sole>2493</Sole>
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      <None>0</None>
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      <Sole>35638</Sole>
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      <None>640</None>
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    <value>1576</value>
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    <votingAuthority>
      <Sole>20023</Sole>
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      <None>316</None>
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    <nameOfIssuer>Dycom Industries Inc</nameOfIssuer>
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    <cusip>267475101</cusip>
    <value>5848</value>
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      <sshPrnamt>54335</sshPrnamt>
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    <votingAuthority>
      <Sole>53945</Sole>
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      <None>390</None>
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    <nameOfIssuer>Emerson Electric</nameOfIssuer>
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    <cusip>291011104</cusip>
    <value>7444</value>
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      <sshPrnamt>108997</sshPrnamt>
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      <Sole>107622</Sole>
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      <None>1375</None>
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    <nameOfIssuer>Equifax Inc</nameOfIssuer>
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    <cusip>294429105</cusip>
    <value>1522</value>
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    <votingAuthority>
      <Sole>12769</Sole>
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      <None>150</None>
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    <nameOfIssuer>Express Scripts Hldg Co</nameOfIssuer>
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    <cusip>30219G108</cusip>
    <value>284</value>
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      <sshPrnamt>4113</sshPrnamt>
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      <Sole>4113</Sole>
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      <None>0</None>
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    <nameOfIssuer>Exxon Mobil Corp</nameOfIssuer>
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    <cusip>30231G102</cusip>
    <value>6142</value>
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      <Sole>81224</Sole>
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      <None>1100</None>
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    <nameOfIssuer>Facebook Inc</nameOfIssuer>
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    <cusip>30303M102</cusip>
    <value>8084</value>
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    <votingAuthority>
      <Sole>50212</Sole>
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      <None>380</None>
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    <nameOfIssuer>Fastenal Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>311900104</cusip>
    <value>219</value>
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      <sshPrnamt>4020</sshPrnamt>
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      <Sole>3395</Sole>
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      <None>625</None>
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    <nameOfIssuer>Fedex Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>31428X106</cusip>
    <value>7702</value>
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      <sshPrnamt>32075</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>31785</Sole>
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      <None>290</None>
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    <nameOfIssuer>Fidelity Natl Information Serv</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>31620M106</cusip>
    <value>617</value>
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      <sshPrnamt>6411</sshPrnamt>
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    <votingAuthority>
      <Sole>6411</Sole>
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      <None>0</None>
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    <value>297</value>
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      <sshPrnamt>5190</sshPrnamt>
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    <votingAuthority>
      <Sole>4640</Sole>
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      <None>550</None>
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    <nameOfIssuer>Ford Motor Company New</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>345370860</cusip>
    <value>1075</value>
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      <sshPrnamt>96980</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>94030</Sole>
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      <None>2950</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>369604103</cusip>
    <value>613</value>
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      <sshPrnamt>45441</sshPrnamt>
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    <votingAuthority>
      <Sole>44441</Sole>
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      <None>1000</None>
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    <nameOfIssuer>Gilead Sciences</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>375558103</cusip>
    <value>267</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3535</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3535</Sole>
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      <None>0</None>
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    <nameOfIssuer>Global Payments Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>37940X102</cusip>
    <value>6364</value>
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      <sshPrnamt>57064</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>56524</Sole>
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      <None>540</None>
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    <nameOfIssuer>Goldman Sachs Group</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38141G104</cusip>
    <value>5478</value>
    <shrsOrPrnAmt>
      <sshPrnamt>21752</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>21582</Sole>
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      <None>170</None>
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    <nameOfIssuer>HCP Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>40414L109</cusip>
    <value>1069</value>
    <shrsOrPrnAmt>
      <sshPrnamt>46003</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>45643</Sole>
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      <None>360</None>
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    <nameOfIssuer>Halozyme Therapeutics</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>40637H109</cusip>
    <value>338</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17237</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>17237</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>Home Depot</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>437076102</cusip>
    <value>366</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2055</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2055</Sole>
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      <None>0</None>
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    <nameOfIssuer>Honeywell Int'l</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>438516106</cusip>
    <value>348</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2408</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2408</Sole>
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      <None>0</None>
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    <nameOfIssuer>IBM Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>459200101</cusip>
    <value>1527</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9950</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>9950</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>ICU Medical Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>44930G107</cusip>
    <value>3606</value>
    <shrsOrPrnAmt>
      <sshPrnamt>14285</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13985</Sole>
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      <None>300</None>
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  <infoTable>
    <nameOfIssuer>Imperial Resources Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>45308Q106</cusip>
    <value>0</value>
    <shrsOrPrnAmt>
      <sshPrnamt>40000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>40000</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>Int'l Flav &amp; Frag</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>459506101</cusip>
    <value>211</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1541</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1541</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>Int'l Paper Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>460146103</cusip>
    <value>2483</value>
    <shrsOrPrnAmt>
      <sshPrnamt>46480</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>45730</Sole>
      <Shared>0</Shared>
      <None>750</None>
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  <infoTable>
    <nameOfIssuer>Intel Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>458140100</cusip>
    <value>8472</value>
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      <Sole>161065</Sole>
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      <None>1610</None>
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    <titleOfClass>COM</titleOfClass>
    <cusip>46122T102</cusip>
    <value>1318</value>
    <shrsOrPrnAmt>
      <sshPrnamt>85944</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>85944</Sole>
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      <None>0</None>
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    <nameOfIssuer>JPMorgan Chase &amp; Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>46625H100</cusip>
    <value>948</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8618</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8618</Sole>
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      <None>0</None>
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    <nameOfIssuer>Johnson &amp; Johnson</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>478160104</cusip>
    <value>10422</value>
    <shrsOrPrnAmt>
      <sshPrnamt>81330</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>80059</Sole>
      <Shared>0</Shared>
      <None>1271</None>
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    <nameOfIssuer>Kimberly-Clark</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>494368103</cusip>
    <value>393</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3565</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3565</Sole>
      <Shared>0</Shared>
      <None>0</None>
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    <nameOfIssuer>Lam Research Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>512807108</cusip>
    <value>219</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1080</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1080</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Lamb Weston Holdings</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>513272104</cusip>
    <value>339</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5831</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5831</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Lilly (Eli)</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>532457108</cusip>
    <value>2058</value>
    <shrsOrPrnAmt>
      <sshPrnamt>26595</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>25910</Sole>
      <Shared>0</Shared>
      <None>685</None>
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    <nameOfIssuer>Lockheed Martin</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>539830109</cusip>
    <value>230</value>
    <shrsOrPrnAmt>
      <sshPrnamt>680</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>680</Sole>
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      <None>0</None>
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    <nameOfIssuer>Louisiana Pacific</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>546347105</cusip>
    <value>5323</value>
    <shrsOrPrnAmt>
      <sshPrnamt>185010</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>183525</Sole>
      <Shared>0</Shared>
      <None>1485</None>
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    <nameOfIssuer>Lowe's Cos</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>548661107</cusip>
    <value>397</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4520</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4520</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Marathon Petroleum</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>56585A102</cusip>
    <value>275</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3758</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3758</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Marsh &amp; McLennan</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>571748102</cusip>
    <value>250</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3026</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3026</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>McDonald's Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>580135101</cusip>
    <value>910</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5822</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5822</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Merck &amp; Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58933Y105</cusip>
    <value>1247</value>
    <shrsOrPrnAmt>
      <sshPrnamt>22894</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>22579</Sole>
      <Shared>0</Shared>
      <None>315</None>
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    <nameOfIssuer>Microsoft Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>594918104</cusip>
    <value>9931</value>
    <shrsOrPrnAmt>
      <sshPrnamt>108814</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>107459</Sole>
      <Shared>0</Shared>
      <None>1355</None>
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    <nameOfIssuer>NVIDIA  Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>67066G104</cusip>
    <value>343</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1480</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1125</Sole>
      <Shared>0</Shared>
      <None>355</None>
    </votingAuthority>
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    <nameOfIssuer>Netflix Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>64110L106</cusip>
    <value>2775</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9395</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>9395</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Nordson Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>655663102</cusip>
    <value>342</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2511</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2511</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Norfolk Southern</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>655844108</cusip>
    <value>3710</value>
    <shrsOrPrnAmt>
      <sshPrnamt>27321</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>27321</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Northrop Grumman</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>666807102</cusip>
    <value>777</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2225</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1950</Sole>
      <Shared>0</Shared>
      <None>275</None>
    </votingAuthority>
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    <nameOfIssuer>Oneok Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>682680103</cusip>
    <value>1452</value>
    <shrsOrPrnAmt>
      <sshPrnamt>25502</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>25502</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Optical Cable Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>683827208</cusip>
    <value>52</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17297</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>17297</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Oshkosh Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>688239201</cusip>
    <value>435</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5635</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4925</Sole>
      <Shared>0</Shared>
      <None>710</None>
    </votingAuthority>
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    <nameOfIssuer>PPG Inds</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>693506107</cusip>
    <value>1259</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11280</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11280</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>PayPal Holdings</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>70450Y103</cusip>
    <value>7718</value>
    <shrsOrPrnAmt>
      <sshPrnamt>101725</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>100685</Sole>
      <Shared>0</Shared>
      <None>1040</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Pepsico Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>713448108</cusip>
    <value>2979</value>
    <shrsOrPrnAmt>
      <sshPrnamt>27297</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>26947</Sole>
      <Shared>0</Shared>
      <None>350</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Pfizer Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>717081103</cusip>
    <value>4417</value>
    <shrsOrPrnAmt>
      <sshPrnamt>124455</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>123905</Sole>
      <Shared>0</Shared>
      <None>550</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Philip Morris Intl</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>718172109</cusip>
    <value>536</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5393</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5393</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Phillips 66</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>718546104</cusip>
    <value>6811</value>
    <shrsOrPrnAmt>
      <sshPrnamt>71007</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>70157</Sole>
      <Shared>0</Shared>
      <None>850</None>
    </votingAuthority>
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    <nameOfIssuer>Pinnacle Finl Partners</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>72346Q104</cusip>
    <value>1150</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17916</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>17916</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Potomac Banchares</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>737643106</cusip>
    <value>165</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10771</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>10771</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Procter &amp; Gamble</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>742718109</cusip>
    <value>1210</value>
    <shrsOrPrnAmt>
      <sshPrnamt>15257</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>15257</Sole>
      <Shared>0</Shared>
      <None>0</None>
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  <infoTable>
    <nameOfIssuer>RGC Resources</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>74955L103</cusip>
    <value>2073</value>
    <shrsOrPrnAmt>
      <sshPrnamt>81612</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>80412</Sole>
      <Shared>0</Shared>
      <None>1200</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Realty Income Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>756109104</cusip>
    <value>814</value>
    <shrsOrPrnAmt>
      <sshPrnamt>15741</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>15106</Sole>
      <Shared>0</Shared>
      <None>635</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>S &amp; T Bancorp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>783859101</cusip>
    <value>544</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13626</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13626</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Southern Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>842587107</cusip>
    <value>2888</value>
    <shrsOrPrnAmt>
      <sshPrnamt>64676</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>64036</Sole>
      <Shared>0</Shared>
      <None>640</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Steel Dynamics</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>858119100</cusip>
    <value>7994</value>
    <shrsOrPrnAmt>
      <sshPrnamt>180774</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>178824</Sole>
      <Shared>0</Shared>
      <None>1950</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Stryker Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>863667101</cusip>
    <value>8433</value>
    <shrsOrPrnAmt>
      <sshPrnamt>52403</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>51838</Sole>
      <Shared>0</Shared>
      <None>565</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>SunTrust Banks</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>867914103</cusip>
    <value>787</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11566</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11566</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Teradyne Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>880770102</cusip>
    <value>6019</value>
    <shrsOrPrnAmt>
      <sshPrnamt>131676</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>130776</Sole>
      <Shared>0</Shared>
      <None>900</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Travelers Companies</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>89417E109</cusip>
    <value>2455</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17681</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>17531</Sole>
      <Shared>0</Shared>
      <None>150</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Trimble Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>896239100</cusip>
    <value>341</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9500</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>9500</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>UDR Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>902653104</cusip>
    <value>1202</value>
    <shrsOrPrnAmt>
      <sshPrnamt>33742</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>33715</Sole>
      <Shared>0</Shared>
      <None>27</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Union Bankshares</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>90539J109</cusip>
    <value>1939</value>
    <shrsOrPrnAmt>
      <sshPrnamt>52817</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>52817</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Union Pacific</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>907818108</cusip>
    <value>264</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1964</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1964</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>United Bankshares</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>909907107</cusip>
    <value>306</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8685</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8685</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>United Technologies</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>913017109</cusip>
    <value>1703</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13532</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13232</Sole>
      <Shared>0</Shared>
      <None>300</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VISA Cl A</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92826C839</cusip>
    <value>200</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1675</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1675</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Verizon Comms</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92343V104</cusip>
    <value>2212</value>
    <shrsOrPrnAmt>
      <sshPrnamt>46251</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>45207</Sole>
      <Shared>0</Shared>
      <None>1044</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vulcan Materials</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>929160109</cusip>
    <value>274</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2400</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2400</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Wal-Mart Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>931142103</cusip>
    <value>418</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4695</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4695</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Walgreens Boots Alliance</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>931427108</cusip>
    <value>1300</value>
    <shrsOrPrnAmt>
      <sshPrnamt>19860</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>19860</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Waste Management</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>94106L109</cusip>
    <value>1216</value>
    <shrsOrPrnAmt>
      <sshPrnamt>14460</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>14260</Sole>
      <Shared>0</Shared>
      <None>200</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Wells Fargo</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>949746101</cusip>
    <value>380</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7259</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>7259</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>YUM Brands</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>988498101</cusip>
    <value>390</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4579</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4579</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Zimmer Biomet Holdings</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>98956P102</cusip>
    <value>223</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2048</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2048</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Ziopharm Oncology</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>98973P101</cusip>
    <value>77</value>
    <shrsOrPrnAmt>
      <sshPrnamt>19648</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>19648</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Zoetis Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>98978V103</cusip>
    <value>2028</value>
    <shrsOrPrnAmt>
      <sshPrnamt>24290</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>24290</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PowerShares QQQ Trust</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>73935A104</cusip>
    <value>456</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2846</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2296</Sole>
      <Shared>0</Shared>
      <None>550</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SPDR S&amp;P Regional Banking</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>78464A698</cusip>
    <value>9410</value>
    <shrsOrPrnAmt>
      <sshPrnamt>155821</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>153421</Sole>
      <Shared>0</Shared>
      <None>2400</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SPDR Technology Select</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>81369Y803</cusip>
    <value>772</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11800</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11000</Sole>
      <Shared>0</Shared>
      <None>800</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vanguard Div App ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>921908844</cusip>
    <value>550</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5442</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5042</Sole>
      <Shared>0</Shared>
      <None>400</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vanguard Growth ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>922908736</cusip>
    <value>2504</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17648</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>17648</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vanguard Index Fds - Mid Cap E</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>922908629</cusip>
    <value>1724</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11178</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11178</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vanguard Utilities ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>92204A876</cusip>
    <value>200</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1790</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1790</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vanguard Value ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>922908744</cusip>
    <value>1569</value>
    <shrsOrPrnAmt>
      <sshPrnamt>15209</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>15209</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>iShares Russell 2000 ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287655</cusip>
    <value>9464</value>
    <shrsOrPrnAmt>
      <sshPrnamt>62336</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>61836</Sole>
      <Shared>0</Shared>
      <None>500</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>iShares Russell 2000 Growth ET</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287648</cusip>
    <value>1636</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8585</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8585</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>iShares S&amp;P 100 Index Fd</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287101</cusip>
    <value>376</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3240</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2450</Sole>
      <Shared>0</Shared>
      <None>790</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>iShares S&amp;P SmallCap 600 Index</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287804</cusip>
    <value>601</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7804</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>7054</Sole>
      <Shared>0</Shared>
      <None>750</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Vanguard Real Estate ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>922908553</cusip>
    <value>2181</value>
    <shrsOrPrnAmt>
      <sshPrnamt>28895</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>28245</Sole>
      <Shared>0</Shared>
      <None>650</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SPDR Gold Trust</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>78463V107</cusip>
    <value>265</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2110</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2110</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Alibaba Group Holding Ltd</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>01609W102</cusip>
    <value>371</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2023</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2023</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Allergan PLC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G0177J108</cusip>
    <value>1851</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Aon PLC Cl A</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G0408V102</cusip>
    <value>1345</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9581</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>9581</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Aptiv PLC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G6095L109</cusip>
    <value>264</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3104</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3104</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Autohome Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>05278C107</cusip>
    <value>266</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3100</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3100</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>BP ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>055622104</cusip>
    <value>353</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8709</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8709</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Baidu Inc ADS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>056752108</cusip>
    <value>246</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1100</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1100</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Banco Santander ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>05964H105</cusip>
    <value>204</value>
    <shrsOrPrnAmt>
      <sshPrnamt>31196</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>31196</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Bank of Nova Scotia</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>064149107</cusip>
    <value>253</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4100</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4100</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>COPA Holdings S A Class A</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>P31076105</cusip>
    <value>289</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2250</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2250</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Chubb Ltd</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>H1467J104</cusip>
    <value>893</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6526</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6526</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Essent Group LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G3198U102</cusip>
    <value>266</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6250</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6250</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>HDFC Bank ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>40415F101</cusip>
    <value>346</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3500</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3500</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Medtronic PLC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G5960L103</cusip>
    <value>241</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Mellanox Technologies LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>M51363113</cusip>
    <value>310</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4250</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4250</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Mercadolibre Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58733R102</cusip>
    <value>294</value>
    <shrsOrPrnAmt>
      <sshPrnamt>825</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>825</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Pacific Booker Minerals Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>69403R108</cusip>
    <value>28</value>
    <shrsOrPrnAmt>
      <sshPrnamt>35350</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>35350</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Prudential PLC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>74435K204</cusip>
    <value>215</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4200</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4200</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Rio Tinto PLC ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>767204100</cusip>
    <value>539</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10465</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>10465</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Royal Dutch Shell ADR Cl A</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>780259206</cusip>
    <value>727</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11388</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11388</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>SAP AG ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>803054204</cusip>
    <value>297</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2825</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2825</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ST Microelectronics NV</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>861012102</cusip>
    <value>252</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11300</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11300</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Schlumberger Ltd</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>806857108</cusip>
    <value>342</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5275</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5275</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Sony Corp ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>835699307</cusip>
    <value>227</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4700</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4700</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Unilever NV NY Shrs</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>904784709</cusip>
    <value>211</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3750</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>3750</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Vale SA ADR</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>91912E105</cusip>
    <value>348</value>
    <shrsOrPrnAmt>
      <sshPrnamt>27350</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>25850</Sole>
      <Shared>0</Shared>
      <None>1500</None>
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  <infoTable>
    <nameOfIssuer>Market Vectors Vietnam ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>92189F817</cusip>
    <value>243</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12400</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>12400</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Vanguard European ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>922042874</cusip>
    <value>508</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8728</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>8038</Sole>
      <Shared>0</Shared>
      <None>690</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Vanguard FTSE Emerging Markets</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>922042858</cusip>
    <value>4065</value>
    <shrsOrPrnAmt>
      <sshPrnamt>86527</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>86527</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>iShares FTSE/Xinhau China 25 L</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287184</cusip>
    <value>208</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4400</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4400</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>iShares MSCI EAFE Growth</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464288885</cusip>
    <value>1119</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13922</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>13922</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>iShares MSCI EAFE Index</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287465</cusip>
    <value>398</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5714</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5714</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>iShares MSCI EAFE Value Index</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464288877</cusip>
    <value>1699</value>
    <shrsOrPrnAmt>
      <sshPrnamt>31137</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>31137</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>iShares MSCI Emerging Markets</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464287234</cusip>
    <value>1239</value>
    <shrsOrPrnAmt>
      <sshPrnamt>25660</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>25660</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>iShares MSCI Peru ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464289842</cusip>
    <value>232</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5440</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>5440</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>iShares MSCI Thailand ETF</nameOfIssuer>
    <titleOfClass>ETFs</titleOfClass>
    <cusip>464286624</cusip>
    <value>239</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2400</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>2400</Sole>
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      <None>0</None>
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    <nameOfIssuer>Cohen &amp; ST Select Infrastructu</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>19248A109</cusip>
    <value>1951</value>
    <shrsOrPrnAmt>
      <sshPrnamt>91121</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>91121</Sole>
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      <None>0</None>
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    <nameOfIssuer>DNP Select Income Fund</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>23325P104</cusip>
    <value>113</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11000</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Liberty All-Star Equity Fund</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>530158104</cusip>
    <value>69</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11200</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>11200</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
</informationTable>
