-Caveat Lector-
On Wed, 27 Dec 2000 09:46:00 -0500 Ynr Chyldz Wyld <[EMAIL PROTECTED]>
writes:
>-Caveat Lector-
>Anyway...Mr. Robards was no ditz when it came to his finances. Turns
>out that he had been married a couple of
>times, and each of the ex-wives were granted alimony based on his
>annual income. He didn't want to pay it, so
>he incorporated himself, with himself as president of Jason Robards,
>Inc., and his lawyer as treasurer. As
>president of the corporation, Mr. Robards had unlimited drawing power
>on the treasury of Jason Robards, Inc.
>As an individual, Mr. Robards had a fairly paltry annual salary. But
>Jason Robards, Inc., DID make a
>substantial income via the acting duties of Jason Robards, the
>individual, which as a corporate entity was
>beyond the reach of the ex-wives.
Yet another example of our 'fine' legal system at work. This sort of
legal BS really pisses me off.
Jayson
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