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(ii). FPC Subventure Partnership
On January 1, 1981, the FPC Subventure Partnership was
formed. Exh. 188. The partners of FPC Subventure Partnership
were:
Percentage
Partner Interest
Robert Lisle 90.0
Everglades Trust I, Roger Baskes Trustee 1.8
Everglades Trust II, Roger Baskes Trustee 1.8
Everglades Trust III, Roger Baskes Trustee 1.8
Everglades Trust IV, Roger Baskes Trustee 1.8
Everglades Trust V, Roger Baskes Trustee 1.8
Burton W. Kanter Revocable Trust, Burton 1.0
W. Kanter, Trustee _____
Total 100.0
Exh. 188, at 1, 11; Exh. 9091. Although the partnership
agreement for FPC Subventure Partnership called for Lisle to make
a $2,880 cash contribution to the partnership, Lisle did not
recall making a capital contribution, and he believed
(incorrectly) that he made a small investment directly in the
Four Ponds Partnership. Exh. 2030, at 33.
(iii). One River Partnership
On November 16, 1981, Torcivia and Schaffel, as general
partners, along with Kanter and other limited partners, formed
the One River Partnership. Exhs. 986, 211. One River
Partnership was formed to acquire real estate located in
Middletown, New Jersey, and to construct an office building and
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