Tuesday, September 18, 2007

Lamar Grain and Feed owners to come under closer scrutiny

Owners of Lamar Feed and Grain, which filed for Chapter 7 bankruptcy July 20, could have their records pored over with a fine tooth comb during an Oct. 17 meeting at the law offices and Checkett & Pauly in Carthage.
In a motion filed Monday in U. S. Bankruptcy Court for the Western District of Missouri, Checkett asked for a Rule 2004 examination, indicating that the records of Lamar Feed and Grain owners need a closer examination than usual.

The motion asks for company owners Ronald Ellis, Carolyn Ellis, Jared Ellis, and Jessica Ellis to "produce all computer hardware of Lamar Grain & Feed LLC, all bank statements, cancelled checks, and deposit tickets of Lamar Grain & Feed, LLC for the years 2005 through 2007."

It also requests "the original corporate minute book of Lamar Feed & Grain, LLC, the original corporate minute book of Lamar Grain & Feed, LLC, tax returns for years 2004-2006 for both Lamar Grain & Feed, LLC and Lamar Feed & Grain, LLC."

The motion continues, "The Trustee desires to conduct an examination pursuant to 2004 of the Rules of Bankruptcy Procedure of the Deponent concerning the acts, conduct, property, liability and financial condition of the debtor; and/or matters which affect administration of the debtor's estate; and/or the operation of the business."

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The Lamar signing for The Turner Report book will be held 5 to 7 p.m. Monday, Sept. 24, at the Mary K. Finley Library.

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