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Also problematic for Ms. Scott’s characterization of the
arrangement regarding the Glenview house are certain subsequent
events. In 1979, approximately 4 years after the Glenview house
was purchased, Ms. Scott and Ms. Horstmeier purchased land in
Wisconsin. The property was titled jointly in both names. This
casts some doubt on the rationale offered for avoiding a joint
title for the Glenview house, although concededly Ms. Horstmeier
may have been less concerned about appearances in another State.
In addition, according to her testimony, because Ms. Scott made
all of the payments on the Wisconsin property, Ms. Horstmeier
suggested when all payments had been made that the title be
placed solely in Ms. Scott’s name. This was done. This episode
at least suggests that Ms. Horstmeier and Ms. Scott were prepared
in some circumstances to adjust the legal title to property to
reflect their perceptions of the underlying equities of
ownership.
Much later, starting in the late 1980’s, Ms. Horstmeier took
out a second mortgage on the Glenview house to secure a credit
line and borrowed against it to provide funds to the business
college she co-owned, which was experiencing financial
difficulties. Ms. Scott testified that she was strongly opposed
to the use of the house to secure debt to benefit the college.
This exercise of exclusive control by Ms. Horstmeier casts some
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