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IN RE ST. AUGUSTINE GUN WORKS, INC.

Bankruptcy No. 86-158-BK-J-11.

75 B.R. 495 (1987)

In re ST. AUGUSTINE GUN WORKS, INC., Debtor.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

June 16, 1987.

Attorney(s) appearing for the Case

Albert Mickler, Jacksonville, Fla., for debtor.

Hillary B. Burchuk, Washington, D.C., Dorothea Beane, Jacksonville, Fla., for U.S.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

GEORGE L. PROCTOR, Bankruptcy Judge.

A. Findings of Fact

1. Debtor, St. Augustine Gun Works, Inc., is a Florida corporation licensed by the Bureau of Alcohol, Tobacco and Firearms ("BATF") to manufacture firearms and other destructive devices. (Claimant's Exh. 2). Debtor's president, William Reynolds, testified on behalf of the debtor at the hearing on debtor's Objection to Claim.

2. Debtor engaged...

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