- 54 -
reflects almost all of the 1,468 breeding sheep that were sold to
be registered sheep. Yet, in his later testimony, Mr. Barnes
asserted that just a "majority" of the breeding sheep that RCR #4
purchased from him were actually registered sheep. Petitioners
also offered no testimony from the employee or employees who
prepared the bills of sale. Neither did petitioners or their
witnesses identify and name these employees.
Mr. Barnes signed and issued all of these bills of sales.
These bills of sale presumably were important ownership documents
evidencing each partnership's acquisition of beneficial ownership
of specified individual breeding sheep, and these documents
ordinarily should have been prepared with some care. In the
respective testimony they gave at trial, Mr. Barnes and Mr. Hoyt
were silent about the numerous "errors" in these bills of sale
that petitioners have now acknowledged. Indeed, Mr. Barnes and
Mr. Hoyt had each claimed that the bills of sale were reliable
and accurately reflected the specific individual sheep that had
been sold to the partnerships. If, as petitioners argue, the
stated numbers of breeding sheep each partnership purportedly
purchased from Barnes Ranches truly existed, the Court then finds
inexplicable the conduct of Mr. Barnes and Mr. Hoyt over the
years and the poor records they maintained on a partnership's
"breeding sheep".
Page: Previous 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 NextLast modified: May 25, 2011