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FIC, since its formation, has been engaged solely in the
business of owning and operating franchised Burger King
restaurants. At the date of trial, FIC operated 27 Burger King
restaurants, primarily in Manatee, Sarasota, Charlotte, and Lee
Counties, on the west coast of Florida.
FIC entered the fast-food business in May 1959 by opening
Burger King Store No. 12 (Store No. 12) in North Miami Beach,
Florida, one of the original restaurants in the Burger King
chain. Royal and Maude relocated to Florida to operate the new
restaurant, while Robert had intended to stay in Chicago, where
he was employed as a special agent for an insurance company.
Just 2 weeks after the opening of Store No. 12, Robert
received a call from James McLamore, one of the cofounders of
BKC, informing him that Royal had been hospitalized. Robert
traveled to Florida and immediately went to work in Store No. 12.
After Royal's recuperation, Robert decided to stay in Florida and
help manage FIC. Robert has remained in the fast-food business
ever since.
In 1961, FIC purchased a 20-percent interest at a cost of
$15,000 in three corporations that were opening Burger King
restaurants in the greater Chicago area (the Chicago Operation).
In 1962, at the request of Mr. McLamore, Robert moved back to
Chicago to participate in the management and operation of the
Chicago Operation of which he ultimately became executive vice
president and a member of the board of directors. Robert's
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