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Until his death, Mr. Taylor personally negotiated the sales of
the classic cars.
To command a premium price for the classic cars, a priority
for the dealership and Mr. Taylor, the classic cars had to be
restored to classic condition, maintained, and driveable at any
time by potential customers. Restoring the cars involved a long
process of fundamentally rebuilding the car to near perfection.
After the cars were fully restored, the dealership carefully
maintained them by setting the cars on jack stands so the tires
maintained air pressure, starting the engines every 6 weeks, and
changing the oil every 6 months.
In addition, the dealership kept the classic cars indoors to
protect them from inclement weather. Initially, the classic cars
were kept at the dealership or in Mr. Taylor’s garage, and later
were moved to a building the dealership bought that was located
across the street from its main showroom. The cars were
eventually moved to three adjacent buildings in Galveston, Texas
(the Galveston property)6 that the dealership purchased to
provide the classic cars with a climate-controlled environment
and to expose them to the public.7
6The Galveston property was acquired by David Taylor Realty,
Inc., another member of the affiliated group.
7Petitioner decided to operate the Galveston property as a
museum and charge admission. Petitioner named the property the
David Taylor Classic Car Museum. Operating the Galveston
(continued...)
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