- 33 - received any sale proceeds from Ms. Allen for this property.23 Mr. Schoolfield further testified that the joint ownership of the High Plains Property may have terminated sometime prior to the sale of Lot 23 to Mr. Bass, perhaps as early as the 1970s: Q Did you ever have any ownership interest in property known as High Plains? A I had some--I ended up with some 5-acre tracts out of that. Started off to joint venture, but ended up with some 5-acre tracts out of it, yes. Q You say it was a joint venture with who? A Mr. Medlin. Q With Mr. Medlin? And when did that joint venture break up? A I’m not sure I can give you a date there, it’s so long. It’s in--back in the 70’s. Q It broke up sometime in the 70’s? A I think it occurred probably then, but you got to remember, this stuff is going back so far. My hair was black and I didn’t have a bald spot in the back of my head. 23And with respect to the declaration of trust, Mr. Schoolfield testified: Q What property did this Declaration of Trust pertain to? A There’s nothing attached to it. I--it could have been this property or another piece, but-- Q Okay. Did this Declaration of Trust pertain specifically to this Lot 23? A I--I don’t know. That’s--I don’t think so, but I don’t know. It’s been too long for me. I don’t recall ever owning this piece.Page: Previous 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Next
Last modified: May 25, 2011