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payable to Elizabeth, which she deposited into various bank
accounts.29 In 1994, ERG issued twelve $1,000 checks payable to
Elizabeth, which she deposited into the Franklin account.
(ii) Esther V. Benson
In 1989, ERG issued three $1,000 checks payable to Esther.
Each check was deposited in 1990 into a Merrill Lynch Ready Asset
account No. 280-72453 (ML RAT account). In 1990, ERG issued
eleven $1,000 checks payable to Esther. Those checks were
deposited into various bank accounts.30 In 1993, ERG issued (at
least31) eleven $1,000 checks payable to Esther. One check,
check no. 23662, was endorsed and deposited into a bank account
held in the names Burton and Elizabeth.32 In 1993, eleven $1,000
checks were deposited into a bank account which Esther held with
Burton as joint tenants with the right of survivorship.33 In
29See infra note 32.
30Seven checks were deposited into the ML RAT account and
four checks were deposited into a First Bank account No. 711-
2005165.
31See infra note 33.
32On brief, petitioners explained that there was a “mix-up”
in the delivery of the director’s fees checks in 1993. Check No.
23661 payable to Elizabeth was deposited into Esther’s account,
and the director’s fee check for Esther was deposited into
Elizabeth’s account.
33There is an inconsistency in the parties’ stipulation.
The parties stipulated that Esther was issued eleven $1,000
checks in 1993, one of which was deposited into an account owned
by Elizabeth and Burton. The parties also stipulated that eleven
(continued...)
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