- 11 -
to deposit this check into the Community Bank account or to
apply the proceeds to the automobile loan.
Converted Payments From Trans State Pavers
During 1988, petitioner signed four checks in the
aggregate amount of $18,033.42 that were drawn on H&B's
First Interstate account and made payable to First
Interstate. Petitioner used the proceeds of each of these
checks to purchase a cashier's check. These checks and the
cashier's checks that were purchased are as follows:
Amount Of
Date Check No. Amount Cashier's Check
11/03/88 1338 $1,534.63 $1,532.63
11/07/88 n/a 6,526.39 6,523.39
11/09/88 n/a 6,500.00 6,500.00
12/08/88 1440 3,472.40 3,470.40
Total 18,033.42 18,026.42
Each of the cashier's checks was made payable to
Jordan
Distributor and lists Trans State as remitter.
Petitioner purchased three additional cashier's checks
payable to Jordan Distributors during 1988 with checks
totaling $17,950 that petitioner drew on H&B's First
Interstate account and made payable to cash. The amount of
these checks and the cashier's checks that were purchased
are as follows:
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011