E.J. Harrison and Sons, Inc. - Page 27

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          seemingly contradictory testimony indicates, however, is that               
          Mrs. Harrison’s sons, whether out of filial respect for their               
          mother, respect for her many years of involvement with                      
          petitioner, or both, voluntarily chose to operate petitioner by             
          consensus.                                                                  
               We suspect that the decision to operate the board by                   
          consensus was reached principally out of respect for Mrs.                   
          Harrison’s conservative approach to proposals for major                     
          expenditures, which, to some extent, carried over to her sons.              
          For example, Myron testified as follows:                                    
                  Q.  What type of purchasing decisions would she                     
               disapprove of?                                                         
                  A.  Buying too many new trucks, or too many trucks                  
               period.  She didn’t like to spend a whole lot of money;                
               she was very tight with the money, so she didn’t like                  
               to purchase new trucks.  We have the ability to                        
               refurbish old equipment, and that’s what she would                     
               prefer to see us do.                                                   
                  Q.  And so sometimes you wouldn’t purchase these                    
               trucks, and just go the refurbishing route?                            
                  A.  Exactly; more often than not.                                   
               James also testified as to the continuing influence of his             
          mother’s conservative approach to purchasing new trucks:                    
                  Q.  * * * were you the one responsible for deciding                 
               what trucks to purchase for the company?                               
                  A.  Yeah.  Usually we’re a very conservative                        
               company, so usually we would get pretty tight on our                   
               trucking before we would consider buying some                          
               additional trucks * * *.                                               







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