Durham Farms #1 - Page 32




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          accounting and/or clerical errors may have been made in compiling           
          the cattle records the Hoyt organization maintained, he asserted            
          the annual herd recap sheets were at least 95 percent accurate.             
          He explained the process by which the annual herd recap sheets              
          were prepared.  According to Jay Hoyt, the Hoyt organization had            
          computerized its cattle records around 1985.  During each year,             
          the cow hands and cattle managers maintained notebooks and other            
          papers containing pertinent information on individual cattle they           
          managed (country records).  In general, in the fall the cattle              
          would be rounded up and brought to winter pasture.  The cattle              
          managers near the end of the year would then submit these country           
          records on all the cattle to other Hoyt organization personnel to           
          have the information entered onto the Hoyt organization’s                   
          computerized cattle record keeping system.  From this information           
          that the cattle managers submitted, a cattle-breeding                       
          partnership’s herd recap sheet for that year would be prepared.             
          Jay Hoyt related that the herd recap sheets for each year would             
          be prepared by the early part of the following year.  He added              
          that once the data from the original country record source                  
          documents had been entered, all of the country records were                 
          typically destroyed, as it was no longer necessary to maintain              
          those documents because the information on them had been entered            
          into and was contained in the Hoyt organization’s computerized              
          records.                                                                    






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Last modified: May 25, 2011