Char-Lil Corporation - Page 9

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             sale of the property.  Petitioner did not engage a real                  
             estate agent in connection with this sale.                               
                  Sheridan & Hoover, Lawton:  Petitioner purchased this               
             property at auction on December 1, 1983.  It was improved                
             with a car wash which petitioner tore down.  Petitioner                  
             built a commercial building on the property which it                     
             leased until it sold the property to Mr. Stanley Booker                  
             on December 24, 1989.  Petitioner financed this sale.                    
             Petitioner did not engage a real estate agent in connection              
             with the sale.                                                           
                  6302-04 Cache Road, Lawton:  Mr. McKelvey purchased                 
             this property which was improved with a one-bay service                  
             station.  He tore down the service station and built a                   
             commercial building for a specific tenant.  On January 1,                
             1977, Mr. McKelvey transferred the property to petitioner.               
             Petitioner continued to lease the property until                         
             October 25, 1988, when it sold it to Mr. Stanley Booker.                 
             Petitioner financed this sale.  Petitioner did not engage                
             the services of a real estate agent in connection with                   
             the sale.                                                                
                  38th & Lee (Lots), Lawton:  Petitioner purchased                    
             several vacant lots in a doctors' complex on January 1,                  
             1986.  Shortly thereafter, petitioner listed the property                







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