Mr. Hubert. And from all you know, she doesn’t even know where the other 500 shares are?

Mr. Paul. No; that’s what she told me.

Mr. Hubert. I noticed on your income tax return, too, that you had a capital loss that you have spread over some years of $7,000; I think, last year was about the last of it—I think you used about $1,000 a year; is that in connection with any of this, or is that another transaction?

Mr. Paul. No; that’s from the Miramar and the ice cream place—that was in 1957. The place wasn’t in existence in 1957.

Mr. Hubert. Did you know a man by the name of George Senator?

Mr. Paul. Yes, sir.

Mr. Hubert. Tell us what you know about him, please, Mr. Paul?

Mr. Paul. Well, he used to be a salesman, a dry goods salesman of men’s apparel, let’s call it, shirts and so forth.

Mr. Hubert. Wholesale?

Mr. Paul. No; retail—maybe wholesale, I don’t know—he was working for some firm on the road. Well, it’s Jack that made a friend of him you know what I mean, coming up to the club. They got friendly and in the last year I think he went into a novelty business with somebody—am I right?