John Grisham - 2002 The Summons by John Grisham

Author:John Grisham [Grisham, John]
Language: eng
Format: epub
Tags: Suspense, Fiction
ISBN: 9780307576095
Google: 9cpZMqm0JmoC
Amazon: B003B02PC2
Publisher: Dell
Published: 2010-03-16T05:00:00+00:00

CHAPTER 21

The consortium was put together by one of Dick Docker’s flying buddies. It was built around two local ophthalmologists who had clinics in West Virginia. Both had just learned to fly and needed to shuttle back and forth at a faster pace. Docker’s pal was a pension consultant who needed the Bonanza for about twelve hours a month. A fourth partner would get the deal off the ground. Each would put up $50,000 for a quarter interest, then sign a bank loan for the balance of the purchase price, which was currently at $390,000 and not likely to move lower. The note was spread over six years and would cost each partner $890 per month.

That was about eleven hours in a Cessna for Pilot Atlee.

On the plus side, there was depreciation and potential charter business when the partners were not using the plane. On the negative, there were hangar fees, fuel, maintenance, and a list that seemed to go on too long. Unsaid by the pal of Dick Docker, and also very much on the negative side, was the possibility of getting into business with three strangers, two of whom were doctors.

But Ray had $50,000, and he could swing $890 a month, and he wanted desperately to own the airplane that he secretly considered to be his.

Bonanzas held their value, according to a rather persuasive report that was attached to the proposal. Demand had remained high in the used-aircraft market. The Beech safety record was second only to Cessna and practically as strong. Ray carried the consortium deal around with him for two days, reading it at the office, in his apartment, at the lunch counter. The other three partners were in. Just sign his name in four places, and he would own the Bonanza.

The day before he left for Mississippi, he studied the deal for the last time, said to hell with everything else, and signed the papers.

______

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.