- 4 - behalf of Miller-Senate (the cash payment).3 The cash payments were placed in envelopes with the name "Welker" on them, and Mr. Welker received them when he arrived at Brockland Pontiac to pick up the papers for the high risk loans. Mr. Welker never thanked Bob Brockland for any of the cash payments, and Mr. Welker never was surprised that he received $100 in cash for each loan he approved. Bob Brockland did not consider the cash payments to Mr. Welker to be gifts from Brockland Pontiac; instead, he thought they were fees which were a cost of doing business. Mr. Welker received the following amounts from Brockland Pontiac as a result of his purchase of high risk loans on behalf of Miller-Senate:4 Year Amount 1984 $14,209 1985 29,400 1986 31,697 1987 21,900 Mr. Welker did not keep any records of the cash payments he received from Brockland Pontiac. 3 We note that some of the first few payments were $50 in cash rather than $100. We use $100 as the amount of the cash payment throughout the opinion for convenience only. 4 Neither party explained why the total for 1984 or 1986 is not divisible by 50 or 100.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011