Thomas, Edward E. Director Virgin Islands Bureau of Internal Revenue v. Lonesome Dove Petroleum Co., A Texas Corporation
IN THE DISTRICT COURT OF THE VIRGIN ISLANDS DIVISION OF ST. THOMAS AND ST. JOHN THE GOVERNMENT OF THE VIRGIN ISLANDS, ) Civil No. 2001-157 M/B BUREAU OF INTERNAL REVENUE, ) (Formerly 1998-243 M/B) ) Plaintiff, ) ACTION TO REDUCE INCOME ) TAX ASSESSMENTS TO v. ) JUDGMENTS AND TO ) FORECLOSE TAX LIENS ) WILLIAM M. LANSDALE, et al., ) TRANSFERRED FROM ) ST. CROIX Defendants. ) ___________________________________________) ) EDWARD E. THOMAS, DIRECTOR, ) VIRGIN ISLANDS BUREAU OF ) INTERNAL REVENUE ) Civil No. 1992-0079 ) Petitioner, ) ) PETITION FOR EQUITABLE v. ) RELIEF AND APPOINTMENT ) OF RECEIVER UNDER LONESOME DOVE PETROLEUM CO., ) INTERNAL REVENUE CODE a Texas Corporation, ) Secs. 7401 et. seq. MARINA PACIFICA OIL COMPANY, ) a California Corporation, ) ) Respondents. ) ___________________________________________) ORDER Before the Court is the Third Successor Receiver of Lonesome Dove Petroleum Company, Joanne E. …
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IN THE DISTRICT COURT OF THE VIRGIN ISLANDS DIVISION OF ST. THOMAS AND ST. JOHN THE GOVERNMENT OF THE VIRGIN ISLANDS, ) Civil No. 2001-157 M/B BUREAU OF INTERNAL REVENUE, ) (Formerly 1998-243 M/B) ) Plaintiff, ) ACTION TO REDUCE INCOME ) TAX ASSESSMENTS TO v. ) JUDGMENTS AND TO ) FORECLOSE TAX LIENS ) WILLIAM M. LANSDALE, et al., ) TRANSFERRED FROM ) ST. CROIX Defendants. ) ___________________________________________) ) EDWARD E. THOMAS, DIRECTOR, ) VIRGIN ISLANDS BUREAU OF ) INTERNAL REVENUE ) Civil No. 1992-0079 ) Petitioner, ) ) PETITION FOR EQUITABLE v. ) RELIEF AND APPOINTMENT ) OF RECEIVER UNDER LONESOME DOVE PETROLEUM CO., ) INTERNAL REVENUE CODE a Texas Corporation, ) Secs. 7401 et. seq. MARINA PACIFICA OIL COMPANY, ) a California Corporation, ) ) Respondents. ) ___________________________________________) ORDER Before the Court is the Third Successor Receiver of Lonesome Dove Petroleum Company, Joanne E. Buzzuto’s, motion to authorize the Clerk of Court to invest all certificates of deposit (CD) held by the Court for terms not to exceed 30 days and to redeem CD # 231109 and to reinvest the proceeds in a 30-day CD with automatic 30- day renewal periods. The Court being fully advised in the premises, it is hereby ORDERED that the motion is GRANTED; and it is further Case: 3:92-cv-00079-WAL-RM Document #: 620 Filed: 10/31/11 Page 1 of 2 Civil No. 2001-157M/B; Civil No. 1992-0079 ORDERED that the Clerk of Court shall continue to reinvest the following CDs: 233288, 235707, 237336, 247520, 235710 and 547517 in CDs with 30-day renewal periods; it is further ORDERED that the Clerk of Court shall redeem CD # 231109 in the amount of $1,393,612.37; it is further ORDERED that the proceeds from CD # 231109 shall be reinvested in a 30-day CD with automatic 30-day renewal periods; and it is further ORDERED that the Receiver shall account for any loss occasioned by the early redemption of any of the CDs held by the Court. S\ __________________________ RUTH MILLER United States Magistrate Judge Case: 3:92-cv-00079-WAL-RM Document #: 620 Filed: 10/31/11 Page 2 of 2