James G Welsh

same) — Buy

same) — Sold

PARRX — Sold

same) — Sold

Laytonsville Nursury Corp. (see part VIII, note Vii. 1) — None

P. Stadler & Sonns, Co. (see part VIII, note viz — None

Livia Properties II, LC (see part VIII note vViLY) — Rent

Community Bank — Interest

Fidelity {core cash account) — Interest — Sold (part) — account transter

AXP Amuity — Interest

Lutheran Brotherhood Life Ins. #1 — Int/Div

Lutheran Brothemood Life Ins #2 — Int/Div

Fidelity Advisors Int'l Discovery CL (FIADX) — Int/Div — Buy

Fidelity Diversified. Int'l (FDIVX) — Int/Div — Buy

Fidelity RE Invest (FRESX) — Int/Div — Buy

same) — Sold (part)

Fidelity Growth Co (FDGRX) — Int/Div — Sold (part)

Fidelity Value (FDVLX) — Int/Div — Sold (part)

same) — Sold (part)

Aston T Small Cap (ATASX) — None — Buy

Acadian Emerg. Markets (AEMGX) — Int/Div — Buy

Wm Blair Int'l Growth (WBIGX) — None — Sold

same) — Buy

Causeway Intl Value Investor (CIVVX — Int/Div — Buy

Credit Suisse (CRSOX) — None — Buy

EV Parametric (EAEMX) — Int/Div — Buy

Harbor Int'l Admin (HRIX) — Int/Div — Buy

Oakmark (OAKMX) — Int/Div — Buy

IP Morgan US Equity (JUESX) — Int/Div — Buy

same) — Sold (part)

MRS Research Intl (MRSAX) — Int/Div — Buy

Morgan Stanley Glob. RE (MRLBX) — Int/Div — Buy

Northern Small Cap Value (NOSGX) — Int/Div — Buy

Pru Jennison Mid Cap (PEEAX) — Int/Div — Buy

RS Small Cap Growth (RSEGX) — None — Buy

CRM Mid Cap (CRMMX) — Int/Div — Buy

Fidelith Muni Income (FHIGX) — Int/Div — Buy

DWS Managed Muni Bond (SCMBX) — Int/Div — Buy

MFS Va Muni Bond (MSVAX) — Int/Div

Nuveen Va Muni Bond (FVATX) — Int/Div — Buy

Oppenhemmer Intl Bond Fund (OIBYX) — Int/Div — Buy

T Rowe Peice High Yield Adv (PAHIX) — Int/Div

T Rowe Price Tax Free Short Intl (PRFSX) — Int/Div

MO — Int/Div

CSX — Int/Div

CSX — Int/Div — Sold (part)

shares TR Russell 1000 Value (IWD) — Int/Div — Buy

Ishares TR Tussell 1000 Growth Index (IWF) — Int/Div — Buy

Ishares TR Tussell 1000 Growth Index (IWF) — None — from line 46)

MAR — Int/Div

PEP — Int/Div

PM — Int/Div

SPDR S&P S00 ETF Trust (SPY) — Int/Div — Buy

MMM — Int/Div

MMM — Int/Div — Sold (part)

Fidelity Intl Cap Apprec (FIVFX — Int/Div — Sold

Fidelity Advisor New Insights (FINSX) — None — Buy

same) — Sold

Fidelity Dividend Growth (FDGFX) — Int/Div — Buy (add'l)

same) — Buy (add'l)

same) — Sold

Fidelity Small Cap Value (FCPVX) — None — Sold

Artisan Intl Value (ARTIX) — None — Sold

Dodge & Cox (DODGX) — Int/Div — Buy

same) — Sold

Fidelity High Income (SPHIX) — Int/Div — Sold

Fidelity Inflation Protection — Int/Div — Buy

same) — Sold

Oakmark Intl {OAKIX) — None — Sold

Ishares TR Russell midcap index (IWR) — Int/Div — Sold

Ishares TR Russell midcap index (IWR) — Int/Div — Sold

Lazard Emerging Mkts (LZEOX) — None — Sold

MFS Intl Diversifidcawtion (MDIMX) — None — Sold

MFS Intl Diversifidcawtion (MDIMX) — Int/Div — Sold

Manning & Napier World Opp. — Int/Div — Sold

Morgan Stanley Mid Cap (MPEGX) — None — Buy

Fidelity Money Market (FTEXX) — Interest

Fimm mmkt Port (FNSXX) — Int/Div

Fidelity Intl Cap Appreciaztion (FIVFX) — None — Sold

Fidelity Advisor New Insights (FINSX) — None — Buy

same) — Sold

Thomberg Intl Value (TGVAX) — Int/Div — Buy

same) — Sold

Strategic Adevisors Core (FCSAX) — Int/Div — Sold (part)

same) — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

same) — Sold (part)

Strategic Advisors Growth Fund (FSGFX) — Int/Div — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

Straegic Advisors Value (FVSAX — Int/Div — Sold (part)

same) — Sold (part)

same) — Sold (part)

same) — Sold (part)

Strategic Advisors Emerg Mkts (FSAMX) — Int/Div — Buy (add'l)

same) — Sold (part)

Strategic Advisors US Opportunity (FUSOX) — Int/Div — Sold (part)

same) — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

Strategic Advisors Sml-Mid Cap (FSCFX) — Int/Div — Sold (part)

same) — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

Strategic Advisors Int'l (FILFX) — Int/Div — Sold (part)

same) — Buy (add'l)

same) — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

Fidelity Advisors Select Gold (FSAGX) — None — Sold (part)

same) — Buy (add'l)

Merger Fund (MERFX) — None — Buy (add'l)

same) — Sold (part)

Fidelity Cap & Income (FAGIX) — Int/Div — Sold (part)

same) — Sold (part)

same) — Sold (part)

Fidelity Short Term Bond (FSHBX) — Int/Div — Sold (part)

same) — Sold (part)

same) — Buy (add'l)

same) — Sold (part)

Fidelity GMNA (FGMNX) — Int/Div — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

Fidelity Total Bond (FTBFX) — Int/Div — Sold (part)

same) — Sold (part)

Strategic Advisors Income Oppty (FPIOX) — Int/Div — Buy (add'l)

same) — Buy (add'l)

same) — Buy (add'l)

same) — Sold (part)

same) — Buy (add'l)

Strategic Advisors Core Income (FPCIX) — Int/Div — Buy (add'l)

same) — Buy (add'l)

same) — Buy (add'l)

same) — Sold (part)

same) — Buy (add'l)

same) — Sold (part)

same) — Buy (add'l)

Pimco Total Return (PTRAX) — Int/Div — Buy (add'l)

same) — Sold (part)

same) — Sold (part)

same) — Sold (part)

same) — Buy (add'l)

Pimco Short Term Admin (PSFAX) — Int/Div — Sold (part)

same) — Sold (part)

same) — Sold (part)

Pimco Comm. Real Return (PCRRX) — Int/Div — Sold (part)

Tenpleton Global Bond (TPINX) — Int/Div — Sold (part)

Fidelity Cash Reserves (FDRXX) — Int/Div

Fimm Mrkt Port (FNSXX) — Int/Div — Sold (part)

same) — Distribution — Sold (part)

Fidelity Investment Grade (FBNDX) — Int/Div — Sold

T Towe Price Hugh Yield Advisor (PAHIX NH — Int/Div — Sold

RSEGX — Sold

same) — Buy

same) — Sold

same) — Sold

AEGFX — Sold

EAEMX «-- see line 22

EATVX — Sold

PAIBX — Sold

PATAX — Interest — Sold

same) — Buy

same) — Sold

PHYAX — Sold (part)

same) — Sold

PRVAX — Sold

Scorctary, sharcholder, Virgiia Registered Agent (see part VIL note 1.1), P. Stadler & Sons Company

Custodial accout for minor (see part VIII, note 1.3), Strong-Wells Fargo Fund

Agreement — 2004 — Livia Properties 11, LC operating agreement (see part VIII, note 11.1)

Liability — Home Town Bank — rental property loan

Liability — Community Bank — rental property -related loans

Liability — Community Bank — personal loan (credit hing)

Reimbursement — Lard Mrmr a dict uh a marae inlii {gua J Judicial Review & Inquiry Commission — T= SN

Reimbursement — U.S. Courts — misc — misc — court-related — cell phone, travel, lodging and milage reimbuarsement

1.1 A closely held business operated in DC metro area. Pursuant to long-standing agreement, the holders of voting shares (of which the undersigned is one), the

redemption value of each voting share has been conclusively established at a set dollar amount.

1.2 This is a closely held warchluse and industrial facility located in the Staunton, Virginia areca. The undersigned is not involved in the management or operation

of the site and owns a passive minority interest.

1.3 This is a small custodial account maintained for [NN

111 See note 1.2

VIL Laytonsville Nursery Corp. 1s a closely held private company. Its sole asset is a parcel of real estate situate in Montgomery County, MD and leased mn

part to P. Stadler & Sons Co. Without any discount either for the undersigned’s minority interest or the limitations on transferability, the undersigned's minority

interest has been valued based on the current assessed value of the real estate.

VI1.2 See note LI

VIL.3 See note 1.2. Valuation is based on the 2010 assessed value of the real estate and improvements.