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morning and Wright was not there, Mr. Reaves signed 15 to 30
blank checks to be used to buy livestock. Wright signed
additional checks on the Reaves Livestock account as needed. Mr.
Reaves did not usually prepare checks or review completed checks
after he signed them in blank.
Lawson was not authorized to sign checks for Reaves
Livestock until he became an officer of the company early in
1987. Before Lawson had check signing authority, he prepared
checks previously signed by Mr. Reaves if Mr. Reaves was away.
Lawson signed most of the checks after he had check signing
authority.
Lawson used drugs in the 1980's and was convicted of
possessing marijuana in 1982. Lawson went to a bowling
tournament in Las Vegas in 1985 and 1986 and to New England and
Canada for 5 days in 1987. Lawson bought a 1985 Buick Regal in
1986 or 1987 for his sister. He bought a new BMW automobile in
1987, which he kept for less than 6 months. Lawson sometimes
played poker with Mr. Reaves and several other people.
c. Mr. Reaves' Involvement With Reaves Livestock's
Books and Records
Every Monday the bookkeepers told Mr. Reaves the amount of
Reaves Livestock's cash on hand, the bank balance, how much money
was owed to them, how much money they had spent to buy livestock,
the amount of money that they had spent to pay bills, and the
cash and livestock that they had on hand the previous Monday.
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Last modified: May 25, 2011