Page 536 - COG Publications

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MR. 11. CHODOS: Well, the only thing I can say is
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this, Your P.onor: There are $80 million of assets, which
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would be in Judge Weisman's charge. It is my view that you
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could put $BC million in crumpled $20 bills in Judge
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Weisrnan's briefcane and not worry about it.
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THE COURT: Ruin his briefcase.
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�!R. n. CHODO.S: Yes. It would be, in my opinion -- I
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have spoken to a bonding agent who is prepared to provide
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a bond, within limits, and he tells me the likely premium
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is one percent of the face amount. The premium, of course,
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is a charge on the charitable trust.
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I believe, under those circumstances, a relativel
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nominal bond for a temporary period is appropriate. I would
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say $1,000, or $10,000, whatever Your Honor considers nominal
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under those circumstances.
THE COURT: I am still impressed with $10,000, but I
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am going to make it a $10,000 bond, and that will, of course,
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be subject to an
argument if
this matter
comes
back to me.
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tJow, we will need to redraw, it seems to me,
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Paragraph 3, or will we?
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I
will hear from you about that.
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�.R. H. c1-moos: I think in view of Your Honor's remark,
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all that woulc need to be done is starting with the words
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"Wilshire Travel" on Line 13, and extending down to the words
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"in California" on Line 17, that if that passage would be
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deleted, that this would conform to what you have indicated.
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THE COURT: That sounds like it would be appropriate,
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and I aM physically deleting on the copy those portions which
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