Nancy Silverman and Estate of Sheldon Silverman, Deceased, Nancy Silverman, Executrix - Page 10

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          gambled at various casinos.  Sheldon owed $84,000 to casinos at                    
          his death.                                                                         
                In 1981 Sheldon signed a series of documents, dated December                 
          15, 1981, with Crude Associates, purportedly a Florida                             
          partnership.  Each of these documents relates to State Coal                        
          Venture, hereinafter sometimes referred to as State Coal.  One                     
          document, entitled "Second Sublease", purports to obligate                         
          Sheldon to pay $1,600,000 to Crude Associates, by paying $60,000                   
          in cash and $1,540,000 in a promissory note on or before December                  
          30, 1981; the document further purports to require Sheldon to                      
          make a $40,000 principal payment on the note on or before January                  
          31, 1982.  The other documents are the promissory note, a                          
          security agreement, an operating agreement, and a first sublease                   
          between Load Associates and Crude Associates.  Sheldon is named                    
          in, and he signed, each of these documents except for the first                    
          sublease.  Nancy is not named in, and did not sign, any of these                   
          documents.  Nancy did not see any of these documents until late                    
          1986, after Sheldon died.  Sheldon made the 1981 payment by three                  
          checks ($25,000, $15,000, and $20,000) and the 1982 payment by                     
          one check ($40,000), all to an escrow account.  These checks were                  
          drawn on Sheldon's individual checking accounts at Bankers Trust                   
          and Chemical Bank.  See infra table 7.  Sheldon made all the                       
          payments that were made on this investment.  The entire                            







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