Estate of Morton B. Harper, Deceased, Michael A. Harper, Executor - Page 5

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          decedent.  Thereafter, in approximately February of 1994, Michael           
          and decedent met in California with John G. Coulter, Jr., an                
          experienced real estate developer familiar with the Hawaii                  
          market.  Michael had previously contacted Mr. Coulter, asking him           
          to review documents relating to the Hawaii lawsuit and to offer             
          his advice.  After reviewing the documents and speaking to a                
          gentleman involved in management of the condominium, Mr. Coulter            
          expressed his concern that Lynn had gotten herself into “deep               
          water”; that is, into a situation where “if she takes additional            
          steps which could injure her further, her loss could go beyond              
          the judgment”.  He also recommended that they evaluate her legal            
          counsel and suggested that “they get involved with her in the               
          management of her assets through a trust or some other form of              
          involvement.”  Several weeks after the meeting, Michael                     
          accompanied Mr. Coulter to Hawaii for the purpose of being                  
          introduced to other potential representatives for Lynn.  On March           
          23, 1994, the attorney who had represented Lynn in the AOAO                 
          proceeding filed a complaint against her alleging unpaid legal              
          fees in the amount of $18,153.92.                                           
               At a time not entirely clear from the record, decedent made            
          the decision to form a limited partnership and to contribute                
          thereto the majority of his assets.  An Agreement of Limited                
          Partnership for Harper Financial Company, L.P. (HFLP), was                  
          prepared and sets forth the governing provisions for the entity.            

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