- 9 -- 9 - "Alex Moye, Jr., Judy Moye & Rosewood Kennels, Inc. T/A Southern Police Dog Academy" under "Insured and Address". 3. Invoices In April and May 1990, Pete W. Onni (Onni), an employee of petitioners' police dog training school, sent invoices totaling $16,300 to police departments for equipment and 520 hours of dog handler training. The invoices were on letterhead for "Southern Police Dog Academy, a division of Rosewood Kennels, Inc." The letterhead stated that petitioner was president, Mr. Moye was secretary/treasurer, and Onni was director. 4. Petitioners' Conveyance of Land to Rosewood Kennels, Inc. On June 2, 1990, petitioners conveyed 26 acres of land by deed to Rosewood Kennels, Inc. G. The SBA Loan Closing on June 2, 1990 The SBA loan closed on June 2, 1990. At the closing, petitioner signed a document entitled "Compensation Agreement for Services in Connection with Application and Loan from [Or in Participation With] Small Business Administration" beneath "Rosewood Kennels, Inc. (Applicant)" and above "Judy H. Moye, President". Petitioner also signed an SBA settlement statement for Rosewood Kennels, Inc. At the loan closing, petitioners each signed personal guaranties for the $500,000 loan. The guaranties stated that thePage: 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