- 9 -
County property and intended to plant corn on 15 to 18
acres of their Montgomery County property.
Horse Acquisitions, Transactions, and Related Facts
Petitioners acquired, bred, boarded, and sold numerous
horses during the years in issue. These included Tennessee
Walking Horses, thoroughbreds, and one Morgan. To avoid
confusion, we discuss each breed separately.
Tennessee Walking Horses
On June 28, 1986, petitioners purchased a 12-year-old
registered Tennessee Walking Horse stallion named Copy's
Big Shot S (Big Shot) from Mr. Adkins for $1,500. At the
time of purchase, petitioners intended to use Big Shot as
a breeding stallion. Although Big Shot suffered from a
bronchial condition, petitioners believed that $1,500
was a favorable price given the horse's bloodline and
"confirmation". Big Shot sired a total of eight foals
for petitioners before his death in 1992.
On October 15, 1987, petitioners purchased a 1-year-
old Tennessee Walking Horse mare named Copy's Sugar Plum
(Sugar Plum) for $300. At the time of purchase,
petitioners intended to use Sugar Plum as a broodmare.
Sugar Plum produced a total of five foals for petitioners
prior to the time of trial. One of these foals was killed
in 1991 after suffering a broken leg. Petitioners sold
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