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Re: Enterprising Investor post# 73

Friday, 08/05/2016 1:29:38 PM

Friday, August 05, 2016 1:29:38 PM

Post# of 1492
TPL cash on hand was $45,615,848 at 6/30/16.

Up from $45,011,969 at 12/31/15.

The trust purchased and retired 51,547 Sub-shares in the open market during fourth quarter. Average cost per share paid was $161.48.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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