- 10 -
to 2 percent at a maximum) of Mr. Garrison's appraisal work.
Other than obtaining appraisals from Mr. Garrison, Mr. Davis had
no business dealings with Mr. Garrison except for the purchase of
one lot of real estate more than 30 years ago.
Mr. Garrison always charged Mr. Davis the normal hourly or
flat fee for appraisals. The fees were reasonable and
competitive. Mr. Garrison's fee was never contingent on the
outcome of an appraisal. Neither Mr. Davis nor his employees
ever suggested or implied to Mr. Garrison the conclusion as to
value that Mr. Davis wished the appraisal to reach. Mr. Davis
never paid Mr. Garrison any compensation other than the appraisal
fee.
Mr. Davis rarely spoke with Mr. Garrison. Generally, Mr.
Davis' staff--usually Jean Davis--contacted and dealt with Mr.
Garrison or other appraisers. Since meeting Mr. Garrison in the
1960's, Mr. Davis has met with Mr. Garrison only a few times.
Mr. Davis' Philanthropy
Mr. Davis has made many charitable contributions of stock,
realty, and personalty. His gifts have included thousands of
shares of Wendy's stock, a 1919 Model T Ford Four Door Touring
Car, and 3 air conditioners and 23 tons of coolant.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011