- 11 -
2. The S&J Account
a. Purpose of the S&J Account
Wallace "Slick" Prevatte (Prevatte) formerly worked for Mr.
Reaves or Reaves Livestock. Mr. Reaves' nickname is "Jackie".
"S&J" stood for Slick and Jackie. Mr. Reaves created S&J Hog
Farm because some businesses wanted to deal with a farm, not
Reaves Livestock. S&J bought and sold hogs and cattle. Prevatte
received a commission for hogs that he sold. He had no authority
over the S&J account.
b. Checks Written on S&J Account
Mr. and Mrs. Reaves signed checks written on the S&J account
as follows:
Hog farm No. of checks signed by
Year Personal related Disputed Mr. Reaves Mrs. Reaves
1984 $0 $845 $0 0 2
1985 5,006 61,225 4,750 2 2
1986 3,325 149,371 55,000 16 3
1987 10,600 230,364 23,800 44 5
1988 18,262 324,061 -- 72 12
Total $37,193 $765,866 $83,550 134 24
Lawson wrote some of the S&J checks which Mr. or Mrs. Reaves
signed. We discuss the disputed checks below at pars. B-2-d, B-
2-e, and G.
c. Reaves Livestock Payments To S&J Hog Farms
Reaves Livestock bought cattle from S&J with the following
seven checks, which were payable to S&J:
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