Terence M. Bennett - Page 17

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                  The record contains persuasive objective evidence indicating                          
            petitioner's ownership of the automobiles.  For instance, the                               
            bill of sale that petitioner received on his acquisition of the                             
            1937 Mercedes Benz 540-K, Serial No. 130941, listed petitioner as                           
            the buyer of the automobile.  Mr. Schoenfeld, who sold petitioner                           
            the 1929 Bentley Tourer Speed Six, Serial No. K2683, released                               
            title and interest in that automobile to petitioner in a letter                             
            dated April 16, 1979; and Mr. Marshall, who sold petitioner the                             
            1936 500K Mercedes Roadster, Serial No. 130857, transferred the                             
            certificate of title to that automobile to petitioner as well.                              
            Moreover, petitioner had possession and control over all five                               
            automobiles in question from the time he acquired them until they                           
            were sold in 1988.                                                                          
                  When petitioner sold the automobiles in July 1988, he                                 
            personally signed the bill of sale for each automobile,                                     
            covenanting to the buyer that he was the lawful owner.                                      
            Petitioner also transferred certificates of title for four of the                           
            automobiles to Mr. Harley.                                                                  
                  Of even greater significance is the three-page list of the                            
            marital assets of petitioner and Linda Bennett, which petitioner                            
            prepared in the spring of 1988 in contemplation of divorce.                                 
            Included on this list were the five automobiles sold by                                     
            petitioner in July of that year and their estimated market                                  
            values.  Petitioner's inclusion of these automobiles on his list                            
            of marital assets was contrary to his pecuniary interest, as the                            




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