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With respect to some of the bills of sale and herd recap
sheets issued before 1988 that are in evidence, there are a
number of discrepancies and inconsistencies. For instance, two
bills of sale both dated April 1, 1984, were issued by the Hoyt
organization to SGE 84-5. One bill of sale reflects SGE 84-5 to
have acquired 500 breeding cows with calves at side on that date
for a stated price of $5,080,000. The other bill of sale
reflects SGE 84-5 to have acquired 269 breeding cows on that date
for a stated price of $5,080,000. Also, only one of these bills
of sale includes a Schedule A listing and describing the specific
individual cattle SGE 84-5 acquired. Moreover, the 1984 herd
recap sheet for SGE 84-5 reflects it to have acquired 693
breeding cattle during 1984. See supra note 8.
At trial, Jay Hoyt testified that the above two bills of
sale covered a single April 1, 1984, transaction in which 769
breeding cows and 500 calves were sold to SGE 84-5 for a total
19(...continued)
by him to respondent. He maintained that respondent had been
given access to everything the Hoyt organization had. He also
asserted that many of the Hoyt organization’s records later
became unavailable, because those records had been seized by
postal inspectors from the Hoyt organization’s offices in June
1995. However, the postal inspector who conducted the seizure
testified that shortly after effecting the seizure, he had
provided Jay Hoyt with an inventory of the seized documents.
This postal inspector also related that, in response to Jay
Hoyt’s and the Hoyt organization representatives’ later requests,
he had offered them access to the documents that had been seized.
According to the postal inspector, Jay Hoyt had also been
provided with copies of all the seized documents.
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