- 10 -
The record does not indicate the nature of the above funds that
petitioner received during 1987 and 1988.
Summary of Total Funds Received by Petitioner
As summarized below, the evidence indicates that in 1987 and
1988, petitioner received at least $590,346 and $510,678,
respectively, in total funds from all sources. As indicated, with
the exception of $56,958 in 1987 and $4,699 in 1988, the funds
petitioner received in each year were deposited into petitioner's
bank accounts:
1987
Funds Received by Petitioner
Funds Deposited Funds Not
Into Petitioner's Deposited
Relates To Amount Bank Accts Into Bank Accts
$55,753 TexAmBkSW Loan $ 27,500 $ 5,000 $22,500
Legal Fees from 2618 Inc 108,713 88,402 20,311
Mgmt Fees from 2618 Inc 67,500 67,500 -0-
$275,000 TexGuarantyBk Loan 90,900 90,900 -0-
Withdrawals of Cash from the Club6,721 -0- 6,721
Payne & Potter 12,826 12,826 -0-
Other Legal Fees 65,498 63,498 2,000
Misc. Bank Deposits 205,262 205,262 -0-
Misc. Checks Not Deposited 5,426 -0- 5,426
Total $590,346 $533,388 $56,958
1988
Funds Received by Petitioner
Funds Deposited Funds Not
Into Petitioner's Deposited
Relates To Amount Bank Accts Into Bank Accts
$55,753 TexAmBkSW Loan $ 10,000$ 10,000 $ -0-
Legal Fees from 2618 Inc/Club 52,881 52,881 -0-
Mgmt Fees from 2618 Inc/Club 90,000 90,000 -0-
$275,000 TexGuarantyBk Loan121,200 121,200 -0-
Cash Withdrawals from the Club 4,699-0- 4,699
Other Legal Fees 33,376 33,376 -0-
Misc. Bank Deposits 198,522 198,522-0-
Total $510,678 $505,979 $4,699
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