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Ronald Armacost
1. Lake home at Priest Lake, Idaho ($50,000);
2. All boats, boat motors and trailers, and motorcycles plus
household furnishings ($25,000);
3 Hawaiian condominium at Kihei, Maui ($61,000); and
4. Debt on family home (-$49,000).
5 All capital stock in Budget Oil Co., Inc. ($101,000);
6. One-half of all investment stocks ($0);
7. One-half of all royalty rights in Procto-Therm ($0);
8. One-half of all limited partnership interests in oil well,
rotator, and handlebar ($0);
9. One-half of existing partnership interests in Cable Marque
and Dinestalon ($0);
10. Individual retirement accounts ($4,800);
11. One-half interest in Ronald Armacost's Budget Oil Co., Inc.
pension and profit sharing plan ($40,000);
12. Commercial property located at N. 7902 Division (-$38,000);
13. Commercial property located at Division and Augusta
($128,000);
14. Commercial property located at University City ($195,000);
15. Commercial property located on Pines Road ($400,000);
16. Commercial property located in Moscow, Idaho ($145,000);
17. Building at Third and Maple ($50,000);
18. Commercial property located at Liberty Lake ($247,000); and
19. Bank Note - McDonald's Property (-$135,000).
20. Ranch Land located in Adams County, Idaho ($20,000).
Total Assets $1,244,800
Linda Armacost
1. Family Home ($70,000);
2. Vehicles and household furnishings ($25,000); and
3. Account balances ($4,000).
4. McDonald's property ($580,000);
5. Miller real estate contract ($16,000);
6. Lang real estate contract ($5,000);
7. One-half of all investment stocks ($0);
8. One-half royalty rights in Procto-Therm ($0);
9. One-half partnership interest in Cable Marque and Dinestalon
($0);
10. One-half of all limited partnership interests in oil well,
rotator, and handlebar ($0);
11. One-half interest in Ronald Armacost's Budget Oil Co., Inc.
pension and profit-sharing plan ($40,000).
Total Assets $740,000
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Last modified: May 25, 2011