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been taken by a layman of average intelligence to obtain such
information, even in a small town library.
E. Petitioner and His Introduction to Clearwater
Petitioner acquired one-fourth of a limited partnership unit
in Clearwater in 1981 for $12,500. As a result, petitioner owned
a 1.547-percent interest in the profits, losses, and capital of
Clearwater during that year.
Petitioner received a bachelor of arts degree in English
literature from Fordham University in 1966 and a J.D. with honors
from Harvard University in 1969. Petitioner has no formal
education in plastics recycling or plastics material. During the
year in issue, petitioner was a partner in the law firm of Shea &
Gould. During that year, petitioner wife was employed as a
college instructor.
While in school, petitioner was employed during three
summers by Consolidated Molded Plastics Company (Consolidated).
Consolidated was in the business of making various industrial and
consumer molded plastic products. Petitioner was a machine
operator and assisted in operating two types of molding machines;
specifically, an injection-molding machine and a phenolic-molding
machine. During his summer employment, petitioner learned that
both the injection-molding machine and the phenolic-molding
machine produce plastic scrap as a byproduct. Petitioner also
learned that depending on the type of process used to mold the
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