Ted W. Gleave - Page 5

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               Some of the facts have been stipulated; the stipulations and           
          the stipulated exhibits are incorporated herein by this                     
          reference.                                                                  
               When the respective petitions were filed in the instant                
          cases, Gleave resided in Grand Island, New York, and Kenmore had            
          its principal place of business in Kenmore, New York, a village             
          adjacent to Buffalo, New York.                                              
                                     Background                                       
               Gleave attended school through the tenth grade, and he                 
          earned a G.E.D., the equivalent of a high school diploma.  Gleave           
          began working when he was 14, about 1956.  For the next 10 years            
          or so he held several jobs, including military service and                  
          construction work.  About 1966 Gleave bought a nursery, called              
          Ted’s Nursery, which he operated as a proprietorship.  Gleave               
          sold Ted’s Nursery about 1978; he took back a purchase-money                
          mortgage of about $75,000, which was paid at the rate of $550 per           
          month.                                                                      
               Kenmore is a New York corporation organized about 1972; at             
          all pertinent times Gleave was Kenmore’s president and sole                 
          owner.  When Kenmore was organized, it was a secondary business             
          to Ted’s Nursery.  During the years in issue Kenmore operated a             
          retail gasoline station, an automobile repair shop, and a dump              
          truck and construction business, and transported and sold-                  
          wholesale bulk fuel.  Kenmore was not in business when its                  
          petition was filed in the instant cases.                                    




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