Estate of Melvin W. Ballantyne, Deceased, Jean S. Ballantyne, Independent Executrix, and Jean S. Ballantyne - Page 4

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          Probate Court No. 1 in Bexar County, Texas.  The business office            
          for the estate is located in San Antonio, Texas.  Petitioners               
          Russell E. Ballantyne (Russell) and Clarice Ballantyne (Clarice)            
          resided in Westhope, North Dakota, at the time they filed their             
               Melvin Ballantyne and Russell Ballantyne were brothers.  In            
          1943, they entered into an oral agreement whereby they formed a             
          general partnership known as Ballantyne Brothers Partnership                
          (BBP).  Melvin and Russell were the only partners of BBP during             
          its existence, and a written partnership agreement was never                
               The partnership was involved in two separate and distinct              
          business operations.  Russell primarily conducted a farming                 
          activity in North Dakota.  Russell’s sons, Orlyn and Gary,                  
          assisted Russell in conducting the farming activity.4  Melvin               
          primarily conducted an oil and gas exploration and production               
          activity in Canada and various U.S. locations.  Melvin employed             
          two of his sons, Stephen and Kab, to assist in conducting the oil           
          and gas activity.5  In general, Melvin and Russell allowed each             
          other to withdraw from the partnership the profits attributable             

               4Russell and Clarice also had a daughter, Carolyn Ballantyne           
               5Melvin and Jean had another son, Todd Ballantyne, who was             
          involved in the oil and gas activity up until the mid-1970s.                
          They also had two daughters, Jane Ballantyne Hegler and Sue                 

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