◆ SpookStack

ee we ee RO 2 eeerenne one > . . ° ee ee tn eee / * a" oe name ae “ant *. EEE EI EE ESE - ME 87-16994 as ° GNITH said that V.V.P. had been located by CAGGIANO to set ep the financing in this first transaction with PRESLEY. WINFIELD of Commercial Air Transport voices the same clain. W.V.P. was to get two months rent as & commission and ¢hen receive mo farther reinbursenents. ¥V.¥.P. was the lessor and owner of the plane, the Jetstar, and the lease was assigned to the Chemical Bank of New York. THOMAS MICHELS, SS Water Street, Suite 1822, New York City, was the bank official ismvolved. - SMITH furtber stated that be had been informed by RICHARD R. WEVILLE, Chief, Federal Aviation Administration, Miami, Florida, that on September 7, 1976, Span mst Airlines, Iec., Going business es Air Cargo Express, requested that the FAA bold operating certificate CE-24(C) entil such tine as the company could again comply with the requirements of the Federal Aviation regulations. fhe carrier also volustarily g@urrendered its operating certificate en September 7, 1976, which was cancelled the same date. SMITH believes that he has had conversations with PRO subsequent to that September 7 date, wherein PRO informed him of additional repairs progressing on the Jetstar. SMITE is endeavoring to locate his office records to substartiate these conversaticas. As a matter of isformtion SHITE faraished & eopy of the Aircraft Lease Agreement between ELVIS PRESLEY and Air Cargo Express, Iac., dated in May, 1976. This was superseded by the contract altimtely signed July 15, 1976. iI" Contained in the May, 1976, proposed coatract was a clause @hich would allow payments to be paid directly to the First Trust Company of Houston, 811 Resk Avenue, Houston. ITH was enable to explain why this particular benk was desigmted @nd is mot familiar with who drew @p this eontract. - Contained im Claase 138 was indication that Air Cargo Express, Inc., was lceated at 1750 Northwest 6th Avenve, Miani, Ficrida. . PRO also farnished a document by Span Air, Isc., FREDERICK P. PRO, President, certifying this to be a public corporation listed with the Securities and Exchange Comission. 20 ral