Mr. Ruby.

and I was sort of in an isolated corner myself and also I was at that time engaged in extensive repair work and I tried to go more into the repair of washing machines and I thought it was taking a lot of my time and I wasn't making any money there and in fact I was losing money, and I thought--why have something like that on your hands and I would rather devote my time to repair work.

Mr. Hubert.

And that's what you have done?

Mr. Ruby.

Yes.

Mr. Hubert.

And that's what you are doing now?

Mr. Ruby.

Yes; but I also since that time I also purchased a little manufacturing business in Coppell, Tex., which of all days, I purchased it on November 20, 1963.

Mr. Hubert.

What kind of business is that?

Mr. Ruby.

It was a little stuffed animal business and the name of the company was the Autographic Mascots that they use around these colleges and universities and high schools--all of these schools have little mascots, you know, and the purpose was to have these kids--these various classes--have their classmates autograph them as sort of a remembrance or souvenir of their school days.

Mr. Hubert.

Are you still operating that?

Mr. Ruby.

No; we sold that--we just sold that recently--April the 15th this party took over complete possession of it.

Mr. Hubert.

Whom did you sell it to?

Mr. Ruby.

To Mrs. M. Frances Cole. I believe her name is.

Mr. Hubert.

C-o-l-e (spelling)?

Mr. Ruby.

Yes.

Mr. Hubert.

Is she operating it now?

Mr. Ruby.

Yes.

Mr. Hubert.

Now, I understand that you loaned some-money to Jack in 1955; is that correct?

Mr. Ruby.

That's right.

Mr. Hubert.

How much and under what circumstances?

Mr. Ruby.

Well, he said he was having difficulty in paying his Federal excise taxes and I let hint have $1,000, and then sometime later--that was probably in May or June of 1955 when I let hint have the $1,000, and then sometime later--that was probably May or June when I let him have the $1,000 and later that summer, it may have been in July or August, I let him have $4,500, and he had some more difficulty with the Government on his Federal excise tax and he had to pay off these taxes or they would have padlocked his club--it was the Vegas Club.

Mr. Hubert.

When you made these loans to Jack, did you receive any evidence of the loan, such as a note?

Mr. Ruby.

Yes, sir; I had him make out a bill of sale to me for the Vegas Club.

Mr. Hubert.

Was that recorded in any way?

Mr. Ruby.

Well, I think I still have it at home I think I still have it at home. I don't remember whether it was recorded or not--the attorney made it out.

Mr. Hubert.

I understand that you had to file a legal proceeding against Jack in order to recover your money?

Mr. Ruby.

That's right.

Mr. Hubert.

A judgment for it?

Mr. Ruby.

That's right, sir.

Mr. Hubert.

Was that a contested suit--did you file suit against him?

Mr. Ruby.

Yes, sir; I did.

Mr. Hubert.

This bill of sale, was that sort of a security device or actual transaction of sale?

Mr. Ruby.

It was an actual transaction of sale and also a security.

Mr. Hubert.

What you did--you sued on the note, I assume, that was involved; is that correct?

Mr. Ruby.

No; we sued that I was the legal owner of the business and that he told me he would--in December he said he would purchase the club from me. He wasn't satisfied with me as a partner and he said he was going to buy me. out, but he failed to meet his financial promises and so I kept calling him and