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Funds from Madison Financial Corporation to Whitewater
Madison Guaranty
Savings and Loan
Whitewater Development
Madison Financial
Corporation
$30,000
Corporation
Clintons and McDougals
In April of 1985 the Madison Board approved a $30,000 transfer from
Madison Financial Corporation to Whitewater This transfer was noted
at a board meeting as a "prepaid bonus" for James McDougal and
acccounted for in other documents as a $30,000 consulting fee for
development at Maple Creek. This deposit brought the balance of the
Whitewater account from ${29,744.87} to $255.13.
Source: Resolution Trust Corporation records.
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"ocrText": "Funds from Madison Financial Corporation to Whitewater\nMadison Guaranty\nSavings and Loan\nWhitewater Development\nMadison Financial\nCorporation\n$30,000\nCorporation\nClintons and McDougals\nIn April of 1985 the Madison Board approved a $30,000 transfer from\nMadison Financial Corporation to Whitewater This transfer was noted\nat a board meeting as a \"prepaid bonus\" for James McDougal and\nacccounted for in other documents as a $30,000 consulting fee for\ndevelopment at Maple Creek. This deposit brought the balance of the\nWhitewater account from ${29,744.87} to $255.13.\nSource: Resolution Trust Corporation records."
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