Herbst Asset Mgmt. Trust, et al. - Page 29




                                       - 29 -                                         
                                     Discussion                                       
               The granting of a motion for reconsideration rests within              
          the discretion of the Court.  Estate of Quirk v. Commissioner,              
          928 F.2d 751, 759 (6th Cir. 1991), affg. in part and remanding in           
          part T.C. Memo. 1988-286; Klarkowski v. Commissioner, 385 F.2d              
          398, 401 (7th Cir. 1967), affg. T.C. Memo. 1965-328.  A motion              
          for reconsideration will be denied unless unusual circumstances             
          or substantial error is shown.  Estate of Quirk v. Commissioner,            
          supra at 759; Alexander v. Commissioner, 95 T.C. 467, 469 (1990),           
          affd. without published opinion sub nom. Stell v. Commissioner,             
          999 F.2d 544 (9th Cir. 1993); Vaughn v. Commissioner, 87 T.C.               
          164, 167 (1986).                                                            
               Petitioners’ motion for reconsideration fails to address the           
          Court’s holdings in Herbst I that the Court does not have juris-            
          diction over the cases at docket Nos. 9999-00 and 10000-0011                


               11We note that the respective responses to the Court’s                 
          December 3, 2001 Show Cause Orders in the cases at docket Nos.              
          9999-00 and 10000-00 asserted that “Petitioner does not believe             
          that this Court has jurisdiction.”                                          
               We further note that attached as an exhibit to the Trust’s             
          motion to vacate in the case at docket No. 9999-00 is, inter                
          alia, an affidavit of Mr. Herbst (Mr. Herbst’s affidavit),                  
          allegedly notarized by Mr. Binge.  Mr. Herbst’s affidavit states:           
          “At the time of the filing of the Petition, and since the incep-            
          tion of the Trust in the above-captioned matter, I was the                  
          Trustee for the Petitioner.”  Attached to Mr. Herbst’s affidavit            
          are, according to that affidavit, “true and accurate copies of              
          the originals” of the trust documents pertaining to Herbst                  
          Management Trust, which Mr. Herbst alleges in Mr. Herbst’s                  
          affidavit “were maintained in my possession until April, 2002."             
                                                             (continued...)           





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