-131-
Table 7
Year Payment Principal Interest
1979 $150,000 $150,000 –-
1980 533,425 211,468 $321,957
1981 534,696 309,308 225,388
1982 361,692 172,441 189,251
1983 361,692 186,655 175,037
1984 361,692 202,042 159,650
1985 361,692 218,696 142,996
1986 361,692 236,724 124,968
1987 361,692 256,217 105,475
1988 361,692 277,360 84,332
1989 840,423 822,841 17,582
Total 4,590,388 3,043,752 1,546,636
Exhs. 281, 284-346; Exhs. 14, 17, 18-24 (IRA tax returns).63
5. Payments From Eulich/Essex Partnership to IRA and THC
From 1982 Through 1989 (STJ report at 49-59)
a. John Eulich
John Eulich (Eulich) was a real estate developer of office
buildings, shopping malls, and warehouses in Houston and Dallas,
Texas. In connection with his real estate development work,
Eulich had known Ballard and Lisle since at least 1965, when
Ballard and Lisle worked in Prudential’s Houston regional office.
A.N. Pritzker introduced Eulich to Kanter at the opening of a
Hyatt hotel in the late 1960s or early 1970s. Eulich, Transcr.
at 1617-1618.
63 Some of the quarterly checks that PMS remitted to IRA
were not included in the record.
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