- 7 -
Association. She was not active in these organizations during
1991 because of her health problems.
Mrs. Phillips conducted racing seminars at various
conventions and wrote a column on horse issues in The Virginia
Horse Trader. Additionally, petitioners annually attended
Arabian horse conventions, where they rented a booth, showed a
tape of Bella Joya, distributed business cards, answered
questions about racing, discussed breeding, and consulted with
experts at marketing and management seminars. Petitioners had a
portrait painted of their stakes winner, Bella Joya, which they
displayed at conventions. Petitioners also have stationery with
the name of their farm, Green Pines.
For each year in issue, petitioners maintained their
financial information in a Farm Record Book (farm book), which
was published by the Farm Credit Service. In each farm book,
petitioners classified expenses under various categories, e.g.,
"Labor Hired", "Feed Purchased", "Breeding Fees and Veterinary
Costs", and "Other Expenses", and calculated an annual, and
sometimes quarterly, total for each category. Petitioners
maintained records on each of their horses indicating the
pedigree and physical condition of the horses. Additionally,
petitioners prepared an action plan projecting when a mare was to
come in season and to be bred and to which stallion she was to be
bred.
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