Michael B. Butler and Jean Butler - Page 16




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               We also think it significant that petitioner had actual                
          knowledge of the Dupont settlement with BGE.  Petitioner's                  
          husband informed petitioner of the damage claim prior to his                
          departure for the Atlanta settlement negotiations.  At trial,               
          petitioner admitted knowledge of the settlement.  Thomas George,            
          the other shareholder of BGE, testified that he informed                    
          petitioner of the Dupont settlement negotiations between BGE and            
          Dupont on several occasions.  Although the amount may not have              
          been determined by that point, we believe there is little doubt             
          that petitioner knew that there was going to be a substantial               
          settlement.  We fail to believe that petitioner's husband would             
          negotiate a settlement that would allow him to walk away from the           
          financial misery of the nursery with money left over without                
          telling his wife at least minimal facts about its nature and                
          scope.  Petitioner testified that she never approved of his                 
          involvement in the nursery business.  Their discussions on the              
          subject were almost always argumentative.  If there was anything            
          that petitioner's husband would likely discuss about the nursery            
          with petitioner, we believe it would be the good news that the              
          settlement was finally going to bail out petitioner's husband               
          from the financial woes of his involvement in the nursery                   
          business.  At a minimum, the foregoing was sufficient to trigger            
          petitioner's duty of inquiry.                                               








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