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Mr. Oren paid interest in 1994, 1995, and 1996 on the loans
made from Dart to Mr. Oren:
Date Interest Payment Check No. (Fidelity)
12-22-94 $280,000.00 3008
10-11-95 553,288.00 3073
12-12-96 1,254,246.58 3238
HL paid interest in 1994, 1995, and 1996 on the loans from Mr.
Oren to HL:
Date Interest Payment Check No. (Havre)
12-21-94 $280,000.00 ????
09-27-95 553,288.00 2509
12-03-96 1,121,917.81 2641
HS also paid interest on the 1995 loan from Mr. Oren:
Date Interest Payment Check No. (Minneapolis)
12-04-96 $132,712.33 19438
Dart paid interest in 1994, 1995, and 1996 on the loans made from
HL to Dart:
Date Interest Payment Check No. (Havre)
12-23-94 $280,000.00 150561
09-27-95 553,288.00 164844
7(...continued)
are based on the assumption that they represent the
financial position and operating results of a single
business enterprise, such statements should not include
gain or loss on transactions among the companies in the
group.
The various offsets of the loan obligations among Dart, HL, and
HS on the 1993, 1994, and 1995 combined schedule of balance sheet
information, are explained by this document. However, this
document does not explain the absence of the loans involving Mr.
Oren on the 1993 and 1994 statements.
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