GARZA, Circuit Judge:
City Councilman Keith Weddell, Will Weddell, Mayor Bob Bryant and attorney Ray Stoker, Jr., purchased the O'Michael Building, a two-story commercial office building in downtown Odessa, Texas, on July 1, 1980, for $135,000. Although the building was titled solely in Stoker's name, Keith Weddell kept the books and managed the building. In June, 1981, the owners increased the insurance coverage on the building from $200,000 to $420,000.
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