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reconsider whether petitioners had any cash on hand on
December 31, 1974.
Petitioner’s testimony gives two possible sources of
petitioners’ cash on hand on December 31, 1974. One is a cash
hoard from 1957; the other is their parking lot business they
have conducted since 1956.
Petitioner testified in the deposition that she and her
husband had a large cash hoard. She testified that one night in
1957 her husband came home with a bag of money which he said his
father, Abe Spear, had given to him. Petitioner's husband's
father died soon thereafter. She did not remember whether the
bag was bigger or smaller than a grocery bag. She said that she
helped him count the money, but he did most of the counting. She
testified that the next night he came home with a second bag of
money. She said that, combined, both bags contained “[A]bout 360
or 380 or 3 something, that was it.” She said that in less than
1 year they put some of the money in a safety deposit box. She
said she did not remember how long the rest of the money was in
their house.
Another possible source of petitioners’ cash on hand on
December 31, 1974, based on petitioner’s deposition, is
petitioners’ parking lot and other businesses. Petitioner
testified in her deposition that her husband, Leon Spear,
routinely handled cash and received cash from petitioners'
parking lot business, and used cash to pay for expenses such as
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