Raymond L. Monk, Jr. - Page 3




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          decided to retire as well.  But unlike Monk, who was leaving the            
          city life to move to the bucolic mountains of western Maryland,             
          Maney--who had worked in a saloon before meeting his friend--               
          wanted to stay in Baltimore and run a bar.  He faced just two               
          obstacles:  He didn’t have the money or knowhow to buy a building           
          for the bar, and in his distant youth he’d committed a felony               
          which, as far as he knew, would keep him from getting a liquor              
          license.  Maney talked to Monk; Monk said that since Maney liked            
          the bar business and Monk liked rental property, Monk would help            
          Maney out.                                                                  
               In 1994, Monk and Maney went in together to buy a bar and              
          building in the blue-collar Baltimore neighborhood of                       
          Highlandtown.  Maney gave Monk $40,000 to cover the cost of the             
          business--which he named Chuck’s Place--and Monk put up the                 
          remainder of the $210,000 purchase price.  Monk then applied for            
          and received the liquor license for Chuck’s Place and became the            
          bar’s registered sales agent for the Maryland Lottery.  He also             
          set up a bank account for Chuck’s Place and gave Maney full                 
          signatory authority over it.  With that done, Monk moved almost             
          200 miles away and left the operation of the bar to Maney.                  
               In the mid-1990s, Highlandtown was a rough neighborhood.               
          Chuck’s Place was open every day from 6 a.m. to 2 a.m., so Maney            
          and his family (who helped him run the bar) moved into the second           
          floor of the building to keep an eye on things.  He installed               







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Last modified: March 27, 2008