HomeMy WebLinkAbout01-7068FEDERMAN AND PHELAN L.L.P.
By: Frank Federman, Esquire
Identification No. 12248
One Penn Center ~ Suburban Station, Suite 1400
1617 John F. Kennedy Boulevard
Philadelphia, PA 19103-1814
(215) $63-7OO0
Attorney for Plaintiff
FT Mortgage Companies, (d/b/a MNC Mortgage Corporation)
8001 Stemmons Freeway
Dallas, TX 75247
Leroy E. Stone
Or Occupants
1401 Enola Road
Carlisle, PA 17013
: Court of Common Pleas
: Civil Division
: Cumberland County
: Term
CIVIl, ACTION I E.IECTMENT - 3020
NOTICE
You have been sued in court. If you wish to defend against the claims set forth in the following
pages, you must take action within (20) days after this complaint and notice are served, by entering a
written appearance personally or by attorney and filing in writing with the court your defenses or
objections to the claims set forth against you. You are warned that if you fail to do so the case may
proceed without you and a judgment may be entered against you by the court without further notice for
any money claimed in the complaint or for and other claim or relief requested by the plaintiff. You
may lose money or property or other rights important to you.
You should take this paper to your lawyer at once. If you do not have a lawyer or cannot
afford one, go to or telephone the office set forth below to find out where you can get legal help.
CUMBERLAND COUNTY
CUMBERLAND COUNTY BAR ASSOCIATION
2 LIBERTY AVENUE
CARLISLE, PA 17013
(717) 249-3166
1. Plaintiffis FT Mortgage Companies, (d/b/a MNC Mortgage Corporation).
2. Defendant is Leroy E. Stone Or Occupants.
Plaintiff is the owner of premises located at 1401 Enola Road, Carlisle, PA 17013
legal description of which is attached.
Plaintiff became owner of said premises by a Deed from the Sheriff of Cumberland
County, which Deed was lodged and settlement made with the Sheriff (Abstract of Title).
Plaintiff, by virtue of the above, is the owner of said premises, and is entitled to possession
thereof. The defendant is occupying the said premises without fight and so far as the plaintiff is
informed, without claim of title.
Plaintiffhas demanded possession of the said premises from the said defendant who has refused
to deliver up possession of same.
WHEREFORE, plaintiff seeks to recover possession of said premises.
Premises:
1401 ENOLA ROAD, TOWNSHIP OF NORTH MIDDLETON
CUMBERLAND COUNTY
PENNSYLVANIA
Based upon the examination of evidence in the appropriate public records, Company certifies that
the premises endorsed hereon are subject to the liens, encumbrances and exceptions to tide
hereinafter set forth. This Certificate does not constitute title insurance; liability hereunder is
assumed by the Company solely in its capacity as an abstractor for its negligence, mistakes or
omissions in a sum not to exceed Two Thousand Dollars.
DESCRIPTION
ALL THAT CERTAIN tract of land situate in North Middletown Township, Cumberland County,
Pennsylvania, bounded and described as follows:
BEGINNING at a point in the center of Pennsylvania Highway Route NO. 944 on the dividing line
between Lots Nos. 3 and 4 on the hereinafter mentioned Plan of Lots; thence by said dividing line,
South 14 degrees 30 minutes East 402.7 feet to an iron pipe; thence South 79 degrees I1 minutes
West 168.35 feet to an iron pipe; thence by the dividing line between Lots Nos. 4 and 5 on said
Plan of Lots, North 14 degrees 30 minutes West 392.89 feet to a point in the center of Penn.qylvania
Highway Route No. 944 aforesaid; thence by the center of said Road, North 75 degrees 30 minutes
Eat 168 feet to the place of beginning.
BEING Lot No. 4 on the Plan of Lots of Mary G. Ronan, as recorded in the Office of the Recorder
of Deed for Cumberland County in Plan Book 25, page 20.
BEING Tax Parcel #29-05-0427-03E.
VERIFICATION
Frank Federman, Esquire hereby states that he is the Attorney for the Plaintiff in this matter, that
he is authorized to take this Verification, and that the statements made in the foregoing Civil
Action in Ejectment are tree and correct to the best of his knowledge, infomiation and belief.
The undersigned understands that this statement is made subject to the penalties of 18 Pa, C.S.
Sec. 4904 relating to unsworn falsification to authorities.
Date:
~Pl'itomey for Plai~ti'ff
FEDERMAN AND PHELAN
BY: FRANK FEDERMAN
IDENTIFICATION NO. 12248
One Penn Center ~ Suburban Station, Suite 1.400
1617 John F. Kennedy Boulevard
Philadelphia, PA 19103-1814
(215) 563-7000
ATTORNEY FOR PLAINTIFF
FT MORTGAGE COMPANIES
(D/B/A MNC MORTGAGE CORPORATION)
COURT OF COMMON PLEAS
CIVIL DIVISION
vS
LEROY E. STONE
OR OCCUPANTS
1401 ENOLA ROAD
CARLISLE, PA 17013
No. 01-7068 CIVIL TERM
CUMBERLAND County
PRAECIPE FOR .H~I~GMENT IN E.W, CTMENT
TO THE PROTHONOTARY:
Kindly enter Judgmem in Ejec~ment in favor of the Plain~Lff, FT MORTGAGE COMPANIES (D/B/A MNC
MORTGAGE CORPORATION) and against the Defendant(s) LEROY E. STONE and OR OCCUPANTS
for possession of premises 1401 ENOLA ROAD, CARLISLE, PA 17013 for failure to file an Answer
within twenty (20) days of service.
I hereby certify that according to Rule 237.1, written 10 day notice of Plaintiffs intention to file a
pmecipe for Entry of default Judgment was mailed to Defendant(s), a true and correct copy of which is
attached hereto.
Default Judgment entered as indicated above.
DATE
FEDERMAN AND PHELAN, L.L.P
By: Frank Federman, Esquire
Identification No. 12248
One Penn Center @ Suburban Station, Suite 1400
1617 John F. Kennedy Boulevard
Philadelphia, PA 19103-1814
ry. ~n t~n~nt~f~d_nh~-?~_e~m
FT Mortgage Companies,
(d/b/a MNC Mortgage Corporation)
Leroy E. Stone
Or Occupants
Attorney for Plaintiff
COURT OF COMMON PLEAS
CIVIL DMSION
CUMBERLAND COUNTY
No. 01-7068-CIVIL TERM
TO: Leroy E. Stone Or Occupants
1401 Enola Road
Carlisle, PA 17013
DATE OF NOTICE: .Iann9ry ! 6: 20(}?
THIS NOTICE IS SENT TO YOU IN AN ATTEMPT TO COLLECT A DEBT AND ANY
INFORMATION OBTAINED FROM YOU WILL BE USED FOR THAT PURPOSE.
You are in default because you have failed to enter a written appearance personally or by attorney and
file in writing with the court your defenses or objections to the claims set forah against you.
Unless you act within ten (10) days fi:om the date of this notice, a Judgment may be entered against you
without a heating and you may lose your property or other important rights. You should take this
notice to a lawyer at once. If you do not have a lawyer or cannot afford one, go to or telephone the
following office to find out where you can get legal help:
CUMBERLAND COUNTY BAR ASSOCIATION
2 LIBERTY AVENUE
CARLISLE, PA 17013
(717) 249-3166
~-~Attomey f~ntiff~ O~'?~'x
FEDERMAN AND PHELAN L.L.P.
BY: FRANK FEDERMAN
IDENrlFICATION NO. 12248
One Penn Center Plaza ~ Suburban Station, Suite 1400
1617 John F. Kennedy Boulevard
Philadelphia, PA 19103-1814
(215) 563-7000
FT MORTGAGE COMPANIES
(D/B/A MNC MORTGAGE CORPORATION)
ATTORNEY FOR PLAINTIFF
COURT OF COMMON PLEAS
CIVIL DIVISION
vs
LEROY E. STONE
OR OCCUPANTS
1401 ENOLA ROAD
CARLISLE, PA 17013
No. 01-7068 CIVIL TERM
CUMBERLAND County
VF. RII~ICATION OF .NON-MH ~ITARV gl~.l~VICE
FRANK FEDERMAN, ESQUIRE, hereby verifies that he is Attorney for Plaintiff in the
above captioned matter, and that on information and belief, he has knowledge of the following
facts, to wit:
(a) That the defendant(s) is/are not in the Military or Naval Service of the United States or its
Allies, or otherwise within the provisions of the Soldiers' and Sailors' Civil Relief Act of Congress
of 1940, as amended. '
(b) That defendant LEROY E. STONE Or occupants, is over 18 years of age, and resides at
1401 ENOLA ROAD, CARLISLE, PA 17013.
This statement is made subject to the penalties of 18 PA. C.S.S 4904 relating to unsworn
falsification to authorities.
~'"Attorney fo~
PRAECIPE FOR WRIT OF POSSESSION
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
FT MORTGAGE COMPANIES
(D/B/A MNC MORTGAGE CORPORATION)
COURT OF COMMON PLEAS
CWIL DIVISION
vs
LEROY E. STONE
OR OCCUPANTS
1401 ENOLA ROAD
CARLISLE, PA 17013
No. 01-7068 CIVIL TERM
CUMBERLAND County
PRAECIPE FOR WRIT OF POSSESSION
TO THE PROTHONOTARY:
Issue Writ of Possession in the above matter for possession of.'
1401 ENOLA ROAD,
CARLISLE, PA 17013
**PLEASE SEE THE ATTACHED LEGAL DgSCRIPTION***
Being Known as No. 1401 ENOLA ROAD
~,.~"ATTORNEY OF, OF, OF, OF, OF, OF,~PL A I N T I F F
, '*IR/q' OF ?O$,SE$$1ON ' Ejec~=en~ Proceedings PRC P 3180 - 3 I65
FT MORTGAGE COMPANIES ~ ---
,..~' iq.=__: COU.~T OF CO.>.£:,[OX aL£A8 CF
(d/b/a MNC MORTAGE CORPORATION)
LEROY E. STONE OR OCCUPANTS
.Vo. __O_!rZp_6_S__q!y_%L_3_E__m3__ ......... r_.--.= 20_ .....
.~'o ................................ T~ 20_ .....
A::'? ................................ % = =1=0_0_ ._7_ _5_ _ _
Pt'fl ~ . ............................ $ ...........
1.00
? ,"o~."- F ............................. ~
COU.~ ~--Y OF
CUMBERLAND
To :he 5he~ of ................................... Ceunr..',
FT MORTGAGE COMPANIES (d/b/a MI~C MORTGAGE CORPORATION)
..........................................................................................
b~£m~ {P.'e----Jse~$.~fo~ow~): 1401 ENOLA ROAD
CARLISLE, PA 17013
Cur~-is R. Long
C~_~T
~ c--,,~ed ~e ~i~i~ .~.-ne~. .PT Hor.t~g_a~e. Com_~anies, .d/__b/.a HNC Hortg.age Corgoratio~ :o
PA~ 17013
Sheriff's Costs: Advance Costs: 150.00
.......................................................... ~5~5~-~iT [~-§ --Cb-s-~ ~-f ?~: 8~] ..............
Docketing: $ 18.00 76.11
Prothonotary 1.O0 Refunded to Atty on 3/1/02'
M_i ]ag~ ............ _3_, .4_5. ...........................................................................
Possession 30.00
Surcharge 20.00 V JNVA~%~ N N~d
73.89
THOMAS A. SPECK
Plaintiff
SEBASTIAN GZ. TRISCARI
Defendant
: IN THE COURT OF COMMON PLEAS
: CUMBERLAND COUNTY, PENNSYLVANIA
: CIVIL ACTION
: LAW AND EQUITY
: No. 2001-7068
KENNETH STEPHAN
Additional Defendant ·
PRAECIPE TO ENTER APPEARANCE FOR PLAINTIFF
TO THEPROTHONOTARY:
Please enter the appearance of Mark K. Emery, Esquire as counsel for the
Plaintiff, Thomas A. Speck.
DATE:
Mark K. Emery, Esq
Supreme Court I.D. 72787
410 North Second Street
Harrisburg, PA 17101
(717) 238-9883
Attorney for PLaintiff
CERTIFICATE OF SERVICE
AND NOW, this 9th day of May, 2002, I Mark K. Emery, Esq. do
hereby state that I have served the foregoing Praecipe to Enter Appearance For
Plaintiff by United states first class mail, addressed as follows:
Barbara Sumple-Sullivan, Esquire
549 Bridge Street
New Cumberland, PA 17070
LAW OFFICES OF MARK K. EMERY
Mark K. Emery
THOMAS A. SPECK
Plaintiff
SEBASTIAN G.Z. TRISCARI
Defendant
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
CIVIL ACTION
LAW AND EQUITY
No. 2001-7068
KENNETH STEPHAN
Additional Defendant ·
ANSWER OF PLAINTIFF TO DEFENDANT'S PETITION
FOR POSSESSION OF COLLATERAL IN ACCORDANCE
WITH SECURITY AGREEMENT ASSIGNMENT
AND NOW, comes the Respondent, Thomas A. Speck, by and through his
attorney, Mark K. Emery, Esquire, and files this Answer to Petition for
Possession of Collateral in Accordance with Security Agreement Assignment, as
follows:
1. Admitted
2. Admitted as to the address of Respondent and his occupation. Paragraph
2 is denied to the extent of its baseless allegation that respondent is in any
way utilizing any assets of Triscari Video Services. Such allegation lacks
any reasonable foundation and is asserted in bad faith.
3. Admitted that the Complaint was filed on December 18, 2001. Paragraph
3 is denied to the extent that it attempts to aver that the Complaint was
filed in response to Petitioner's claim to equipment. Rather, the Complaint
was filed due to Petitioners refusal to provide an accounting of the
equipment within his possession, refusal to provide funds to enable a CPA
to prepare a final accounting, and due to Petitioners misfeasance and
malfeasance, a more fully set forth in the Complaint.
Admitted that Defendant filed Preliminary Objections, and that Plaintiff's
prior counsel improperly listed those objections for argument court. Since
such time Plaintiff has filed an Amended Complaint and the matter has
been removed from the May Argument Court. No responsive pleading of
Defendant has been filed as of this time.
Admitted.
Denied as a legal conclusion. Plaintiff incorporates the Amended
Complaint fully herein.
Denied. Plaintiff's attempts have been made impossible due to
Defendants failure to provide an accounting of the Partnership assets he
has in his possession. Further, Defendant refused to pay his
proportionate share to engage a CPA to review the Partnership accounts.
Defendants Preliminary Objections to the Complaint also foreclosed
Plaintiff's ability to pursue the equitable claims asserted in the original
Complaint. Defendant has failed and refused to respond to formal
discovery, namely Interrogatories and Requests for Production of
Documents, served upon Defendant on February 13, 2002. Defendant's
answers to such discovery are now over two months overdue. Defendant
has also refused to submit this matter to arbitration before a mutually
selected accountant or other qualified arbitrator, despite Plaintiff's request
10.
11.
12.
13.
14.
to do so, and allow such independent arbitrator to fully resolve this dispute
and dissolve the Partnership. Lastly, any Partnership assets in Plaintiffs
possession have been fully maintained and safeguarded.
Denied. The note and security agreement is a writing, which speaks for
itself.
Denied. The modification is a writing, which speaks for itself.
Admitted.
Admitted in part, denied in part. It is admitted that certain of the inventory
are in Plaintiff's possession. It is denied that all of the items on Exhibit "C"
are in Plaintiff's possession. In particular, the following items claimed to
be in Plaintiff's possession are actually in Defendant's possession, or were
last known to be in Defendant's possession. Said items are identified by
number as set forth in Defendant's Exhibit "C".
1. Davisand Stanford Rolling Tripod
Charging Station
6. Canare patchbay
7. 500 MHZ AMD System
9. Sony N0-4000 Rechargeable Battery Pack
Denied as a legal conclusion. By way of further response, Defendant
does not identify this "camera", thereby not allowing a complete response.
Denied. See Paragraph 11 incorporated fully herein.
Admitted in part, denied in pad. It is admitted that the full line of credit
was advanced by the Partnership. It is specifically denied that Defendant
was not fully aware of not only this, but of all financial matters affecting the
Partnership.
15. Denied as stated. Plaintiff had no duty to satisfy the monies due as that
was a Partnership debt. It is admitted that, due to Defendant's
misfeasance and malfeasance (as more fully set forth in the Amended
Complaint), the Partnership did not have liquid funds to retire the
Commerce Bank debt.
16. Admitted that Commerce made demands upon the Partnership for
payment. Plaintiff incorporates paragraph 15 fully herein.
17. Admitted that Defendant made payment to Commerce. The remainder of
paragraph 17 is denied as the assignment identified as Exhibit "D" is a
writing, which speaks for itself.
18. Admitted that Defendant has requested certain partnership assets from
Plaintiff.
19. Admitted that no assets were provided to Defendant, as he is not entitled
to possession of such assets. Defendant's request for this equitable relief
is barred by the doctrine of unclean hands. Further, Defendant's request
for relief is subject to the issues, and resolution of those issues, asserted
in Plaintiff's Amended Complaint.
20. Denied. It is specifically denied that Plaintiff is in any way utilizing the
Partnership assets for his sole benefit. Such allegation is without merit, is
averred in bad faith, and is fabricated solely in an attempt to create an
exigent circumstance to support the Petition.
21.
Denied as a conclusion of law.
WHEREFORE, Plaintiff respectfully requests this Honorable Court
deny Defendant's Petition, and award Plaintiff all costs and attorney's fees
incurred.
NEW MATTER
22. Defendant has retained in his possession partnership equipment valued at
over the amount he paid to Commerce.
23. Defendant has refused to account for the Partnership assets he has
retained, and failed and refused to respond to written discovery requests
to identify such assets.
24. Defendant has, at least, in his possession an Alta Centaurus video effects
machine and Canare patchbay.
25. The above items are valued together at $11,500.00.
26. Defendant's request for equitable relief is barred by the doctrine of
unclean hands.
WHEREFORE, Plaintiff respectfully requests this Honorable Court
deny Defendant's Petition, and award Plaintiff all costs and attorney's fees
incurred.
Respectfully submitted,
THE LAW OFFICES OF MARK K. EMERY
By: ~ark K. Emery, Esquir
Supreme Court I.D. # 72787
410 North Second Street
Harrisburg, PA 17101
717-238-9883
VERIFICATION
I, Mark K. Emery, Esquire, hereby verify that the information contained
therein is true and correct to the best of my knowledge, information and belief,
based upon information provided to me by Thomas A. Speck. The verification of
Mr. Speck could not be obtained in the period set for a response, and will be
provided hereafter. I understand that false statements herein are subject to the
penalties of 18 Pa.C.S. § 4904 relating to unsworn falsification to authorities.
DATE:
CERTIFICATE OF SERVICE
AND NOW, this 28th day of May, 2002, I, Mark K. Emery, Esquire do
hereby certify that I have served the foregoing Answer to Petition for Possession
of Collateral in Accordance with Security Agreement Assignment by mailing a
true and correct copy via United States first class mail, addressed as follows:
Barbara Sumple-Sullivan
549 Bridge Street
New Cumberland, PA 17070
LAW OFFICES OF MARK K. EMERY
Mark K. E~'-ery
THOMAS A. SPECK
Plaintiff
V.
SEBASTIAN G.Z. TRISCARI
Defendant
V.
KENNETH STEPHAN
Additional Defendant :
: IN THE COURT OF COMMON PLEAS
: CUMBERLAND COUNTY, PENNSYLVANIA
: CIVIL ACTION
: LAWAND EQUITY
No. 2001-7068
NOTICE TO DEFEND
You have been sued in court. If you wish to defend against the
claims set forth in the following pages, you must take action within twenty
(20) days after this complaint and notice are serve, by entering a written
appearance personally or by attorney and filing in writing with the court
your defenses or objections to the claims set forth against you. You are
warned that if you fail to do so the case may proceed without you and a
judgment may be entered against you by the court without further notice
for any money claimed in the complaint or for any other claim or relief
requested by the plaintiff. You may lose money or property or other rights
important to you.
YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF
YOU DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR
TELEPHONE THE OFICE SET FORTH BELOW TO FIND OUT WHERE YOU
CAN GET LEGAL HELP.
Cumberland County Bar Association
32 South Bedford Street
Carlisle, PA 17013
717-249-3166
THOMAS A. SPECK
Plaintiff
SEBASTIAN G.Z. TRISCARI
Defendant
KENNETH STEPHAN
Additional Defendant
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
: CIVIL ACTION
: LAW AND EQUITY
No. 2001~7068
NOTICE TO DEFEND
You have been sued in court. If you wish to defend against the
claims set forth in the following pages, you must take action within twenty
(20) days after this complaint and notice are serve, by entering a written
appearance personally or by attorney and filing in writing with the court
your defenses or objections to the claims set forth against you. You are
warned that if you fail to do so the case may proceed without you and a
judgment may be entered against you by the court without further notice
for any money claimed in the complaint or for any other claim or relief
requested by the plaintiff. You may lose money or property or other rights
important to you.
YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF
YOU DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR
TELEPHONE THE OFICE SET FORTH BELOW TO FIND OUT WHERE YOU
CAN GET LEGAL HELP.
Cumberland County Bar Association
32 South Bedford Street
Carlisle, PA 17013
717-249-3166
THOMAS A. SPECK,
SEBASTIAN G.Z. TRISCARI,
Plaintiff,
Defendant.
KENNETH STEPHAN,
Additional Defendant
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW AND EQUITY
NO. 01-7086
AMENDED COMPLAINT
AND NOW comes the Plaintiff, by and through his attorney, Mark K. Emery, Esquire,
and files this Amended Complaint, as follows:
1. Plaintiff, Thomas A. Speck, is an adult individual residing at 4408 Carlisle Pike,
Cumberland County, Camp Hill, Pennsylvania.
2. Defendant, Sebastian G.Z. Triscari, is an adult individual residing at 9 Southwatch Lane,
Silver Springs, Cmnberland County, Pennsylvania, with a business address of 59 Central
Boulevard, Camp Hill, Cumberland County, Pennsylvania.
3. Plaintiff and Defendant were, at all times relevant to this Complaint, 50/50 partners in
Tri-Video Services, which had an address for conducting business at 55-B Central Blvd.,
Camp Hill, Pennsylvania. (hereinafter referred to as the "Office Space").
4. On January 1, 2000 a parmership agreement was entered into between the Plaintiff and
the Defendant for the purpose of establishing Tri-Video Services. A true and correct copy
of the partnership agreement is attached hereto as Exhibit "A" (hereinafter "Partnership
-1-
10.
11.
12.
Agreement").
The business purpose of the Partnership was to provide videotaping services for
weddings, recitals, school activities, sporting events, seminars and other special events.
In addition, the Partnership offered editing and reproduction of existing videotape.
During all times relevant to this Amended Complaint, defendant was the owner and
operator of Triscari Productions, Inc.
The Partnership Agreement provided, inter alia, that, as capital contributions to the
Partnership, Plaintiff was to pay for materials in the amount of $500 and contribute his
labor to renovate the Office Space.
Pursuant to the Partnership Agreement Defendant was to provide a Partnership web site
and technical services in maintaining the Partnership equipment.
On February 29, 2000 Plaintiff and Defendant entered into a revised partnership
agreement (hereinafter "Revised Partnership Agreement"). A true and correct copy of the
Revised Partnership Agreement is attached hereto as Exhibit "B."
Pursuant to the Revised Partnership Agreement, Defendant was to contribute equipment
to the Partnership including, cameras, tripods, light kits, audio, Hi-8, half inch
VHS/SVHS and three quarter inch editing equipment, electronics racks, monitors, cables
and the like.
Defendant estimated that the value of the above-stated equipment totaled $95,000. See,
the true and correct copy of the Partnership inventory list attached hereto as Exhibit "C."
Plaintiff believes and therefore avers that the actual value of the items enumerated in
Exhibit "C" was much less than $95,000.
-2-
13.
14.
15.
16.
17.
18.
19.
20.
The Revised Parmership Agreement states that the Partnership will pay Plaintiff, as its
general manager, an annual salary of $41,500 per year.
In breach of this Agreement the Partnership Plaintiff has been paid only twenty thousand
($20,000.00) dollars.
On at least three occasions, Defendant was paid commissions on referrals he was not
entitled to. Said unearned referrals relate to jobs for Messiah College, Everest and Adds
on Wheels. (Copies of the checks made out to Defendant for these unearned
commissions are in the possession of Defendant)
Defendant has taken equipment from the inventory of the Partnership without accounting
for it, namely a Canare Patchbay and an Alta Centaurus editing equipment.
Defendant removed a videotape from the premises of the Partnership, said videotape
containing valuable materials regarding an individual claiming to be a disciple of Jesus
Christ.
It is believed and, therefore, averred that Defendant has sold or otherwise utilized the tape
for his own personal gain.
It is believed and, therefore, averred that Defendant has removed other additional items
from the Partnership inventory on other occasions without accounting for them. The exact
identity of these items is unknown at this time as Defendant has refused to identify the
partnership property in his possession.
On at least one occasion Defendant had the Partnership perform work which he would
later characterize as his own personal enterprise, thereby denying the partnership revenue
derived from such work. Such occasion involved the usurpation of a job filming a
-3-
21.
22.
23.
24.
25.
26.
27.
28.
barbershop quartet in Hershey.
Defendant failed to maintain the Office Space in a maimer that allowed for an efficient
operation of the Partnership, and required Plaintiff to personally expend monies for
necessary repairs.
In October of 2000, the Partnership added Ken Stephan, D.O., as a 5% partner for the
sum of $10,000. A true and correct copy of the Investor Agreement joining Dr. Stephan
as a 5% partner is attached hereto as Exhibit "D" ( hereinafter "Investor Agreement").
Dr. Stephan's 5% interest in the Partnership was transferred to Thomas Speck on
December 14, 2001. See the attached Assignment Agreement attached hereto as Exhibit
Plaintiff has advanced approximately nine thousand ~ $9,000.00) dollars to the partnership
for purchase of equipment and coverage of Partnership expenses. Copies of all receipts
or invoices evidencing such advances are in Defendant's possession.
Commencing shortly after May 2000, Defendant failed to refer business to the
Partnership as was orally agreed to between the Plaintiff and the Defendant at the outset
of the Partnership, and as memorialized in the Partnership's business plan.
It is further believed and, therefore, averred that Defendant discouraged individuals from
using the Partnership.
It is believed, and therefore averred, that Defendant discouraged at least two individuals,
Charles Schultz and Charlie "Tremendous" Jones, from utilizing the Partnerships
services.
It is believed and, therefore, averred that Defendant engaged in making false and
-4-
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
misleading statements concerning the Partnership and Plaintiff, personally, with the intent
of causing a loss of business to the Partnership and Plaintiff, personally.
Defendant misidentified himself as Plalntiffto at least one client, Mary Gross, in order to
usurp a Partnership opportunity for the benefit of his own business.
It is further believed and, therefore, averred that Defendant's motivation in refusing to
refer work to the Partnership was to induce Plaintiff into doing construction work on his
personal property.
Defendant implied that unless Plaintiff was willing to do construction work for him, the
Partnership would receive no referrals from himself.
By December of 2000, the Partnership began to suffer from a lack of work due to
Defendant's breach of his agreement to provide referrals, and his wrongful conversion
and dissipation of Partnership assets.
Due to the loss of revenue, the Partnership could no longer afford to pay rent.
Thereafter, the Partnership's operations were moved to PlaintiWs residence.
Defendant agreed and approved of the moving of the office, and a portion of the
Partnership assets, to PlalntiW s residence.
Defendant retained possession of the remaining inventory and assets of the Partnership,
and has retained such assets to this day.
The Plaintiff has attempted to carry on the affairs of the Partnership to the best of his
ability with the limited equipment and resources remaining.
In reliance on Defendant's misrepresentations conceming his desire to properly conduct
the Partnership, Plaintiff moved his family to the Cumberland County Pennsylvania area
at great expense to himself.
COUNT I
DISSOLUTION OF PARTNERSHIP
39. The Plaintiffhereby incorporates by reference Paragraphs 1 through 38 with the same
force and effect as if set forth at length.
40. Due to the Defendant's conduct described herein, the Plaintiff now seeks a judicial decree
dissolving the Partnership pursuant to 15 Pa.C.S. {} 8354.
WHEREFORE, the Plaintiff demands a judgment in his favor against Defendant,
Sebastian Triscari, in the form of a decree of dissolution of the Partnership, Tri-Video Services,
thereby setting a date certain of Partnership dissolution, and such other relief as the court may
deem appropriate.
COUNT II
ACTION FOR ACCOUNTING PURSUANT TO Pa.R.C.P NO. 1530 AND TO INSPECT
BOOKS AND RECORDS PURSUANT TO 15 Pa.C.S. l~ 8335
41. The Plaintiffhereby incorporates by reference Paragraphs 1 through 40 with the same
force and effect as if set forth at length.
42. Due to the Defendant's wrongful conduct described herein, including dissipating,
misappropriating, conversion and overvaluing Partnership assets, Plaintiff is entitled to an
accounting of the Partnership, including but not limited to an accounting by Defendant of:
(a) All funds acquired through the improper use of partnership property;
(b) The true value of all Partnership assets provided by Defendant;
(c) The conversion or use of all Partnership property for personal profit or
-6-
gain;
(d) All commissions improperly obtained from the Partnership;
(e) All partnership equipment in his possession, or that he has sold, discarded
or otherwise converted.
WHEREFORE, Plaintiff demands judgment in his favor and against Sebastian Triscari
and for an Order directing Defendant to produce all Parmership books and records for inspection
pursuant to Pa.C.S. § 8335, account for all of the transactions, dealings, assets and liabilities of
Tri-Video Services and such other relief that the Court deems just and proper.
COUNT III
APPOINTMENT OF RECEIVER
43. The Plaintiff hereby incorporates by reference Paragraphs 1 through 42 with the same
force and effect as if set forth at length.
44. Based upon the wrongful conduct of Defendant ,as set forth above, the immediate
appointment of a receiver as contemplated by 15 Pa.C.S. § 8359 is necessary to safeguard
the remaining assets of the Partnership and to prevent the Defendant from further
dissipating those assets.
45. The relief sought by the Plaintiff in this matter is emergent in nature in that the Plaintiff
and the Partnership will suffer irreparable harm if the Defendant is permitted to continue
dissipating the assets of the Partnership.
WHEREFORE, Plaintiff demands judgement in his favor and against the Defendant in
the form of the Appointment ora Receiver with such powers and duties as this Court may from
time to time direct as necessary to preserve the remaining assets of Defendants wherever situated
now in the possession and control of the Defendant and the Plaintiff.
COUNT 1V
BREACH OF FIDUCIARY DUTY
46. The Plaintiff hereby incorporates by reference Paragraphs 1 through 45 with the same
force and effect as if set forth at length.
47. As an original equal partner of Tri-Video Services, the Defendant owes a fiduciary duty
to the Partnership and to his partner, Thomas Speck.
48. The Defendant breached his fiduciary duty, as set forth herein, by,
(a) failing to provide business references to the Partnership;
(b) converting Partnership property to his own use;
(c) overvaluing the assets he provided to the Partnership;
(d) improperly receiving commissions to which he was not entitled;
(e) usurping Partnership opportunities for his own personal gain;
WHEREFORE, Plaintiff demands judgment in his favor and against Defendant for an
amount in excess of the jurisdictional limit for arbitration, together with interest and costs,
punitive damages, and such other and further relief as the Court deems just and proper.
49.
50.
COUNT V
BREACH OF PARTNERSHIP AGREEMENT
The Plaintiff hereby incorporates by reference Paragraphs 1 through 48 with the same
force and effect as if set forth at length.
The Partnership Agreement and the Revised Partnership Agreement are attached hereto as
-8-
51.
Exhibits "A", and "B" respectively.
The wrongful conduct of the Defendant described herein is a breach of the Partnership
Agreement and the Revised Partnership Agreement in the following particular respects:
(a)
(b)
(c)
(d)
(e)
(f)
overvaluing the assets provided to the Partnership, and thereby not
providing the value as promised;
failing to provide suitable office space;
failing to provide a web site, or its design and hosting;
overcharging for utilities;
failing to provide references and/or usurping Partnership opportunities for
his own personal gain;
failing to act with good faith and fair dealing.
WItEREFORE, Plaintiff demands judgment in his favor and against Defendant for an
amount in excess of the jurisdictional limit for arbitration, together with interest and costs, and
such other and further relief as the Court deems just and proper.
COUNT VI
TORTIOUS INTERFERENCE WITH PROSPECTIVE BUSINESS RELATIONS
52. The Plaintiff hereby incorporates by reference Paragraphs 1 through 51 with the same
force and effect as if set forth at length.
53. Rather than refer certain prospective clients to the Partnership, had the services performed
by Triscari Productions.
54, It is believed and therefore averred that Defendant's purpose and/or intent was to
financially harm Plaintiff by lowering the income of the partnership, thereby lessening
-9-
Plaintiff's partnership draw.
55. Defendant lacked any privilege or justification for these actions.
56. Due to the decrease in the gross revenue of the Parmership, Plaintiffhas been damaged as
his partnership interest is thereby devalued.
WHEREFORE, Plaintiff demands judgment in his favor and against Defendant for an
amount in excess of the jurisdictional limit for arbitration, together with interest and costs,
punitive damages, and such other and further relief as the Court deems just and proper.
COUNT VII
COMMERCIAL DISPARAGEMENT
57. The Plaintiff hereby incorporates by reference Paragraphs 1 through 56 with the same
force and effect as if set forth at length.
58. Defendant made unU'ue statements of fact disparaging both the Partnership and Plaintiff.
59. Defendant continuously referred to Plaintiff in derogatory terms in the presence of both
his staffand customers of Triscari Productions.
60. As Triscari Productions was to be the primary source of referrals to the partnership, such
comments negatively impacted the Partnerships ability to secure such referrals.
61. Defendant possessed no privilege to make such untrue statements.
62. Plaintiff has suffered direct financial loss through the Partnerships loss of business.
WHEREFORE, Plaintiff demands judgment in his favor and against Defendant for an
amount in excess of the jurisdictional limit for arbitration, together with interest and costs,
punitive damages, and such other and further relief as the Court deems just and proper.
63.
64.
COUNT VIII
MISREPRESENTATION
The Plaintiff hereby incorporates by reference Paragraphs 1 through 62 with the same
force and effect as if set forth at length.
The Defendant made negligent and careless misrepresentations to the Partnership and
Thomas Speck personally, to wit:
65.
66.
67.
68.
statements made in the Parmership Agreement and the Revised Partnership
Agreement regarding the value of the Defendant's capital contributions to the
Partnership Defendants willingness and/or ability to provide the matters promised
under the Agreements;
oral statements made to Thomas Speck personally regarding his good intentions to
create a Partnership and to refer business to the Partnership, which would directly
affect Mr. Speck personally.
written statements made when the parmership was originally formed indicating
that the potential income for the Parmership would be between $48,000 to
$180,000 in its first year while its projected income in the second year would be
$250,000. A true and correct copy of original income projections is attached
hereto as Exhibit "F."
The Plaintiff understood the Defendant's negligent misrepresentations as factually
accurate and relied on the statements to his detriment.
Defendant knew, or reasonably should have known, that Plaintiff would rely upon such
misrepresentations in entering into the Partnership.
Plaintiff justifiably relied upon the negligent misrepresentations in entering into the
Partnership.
The Defendant has suffered damage in relying on these misrepresentations in that he
-11-
moved his entire family to the area for the sole purpose of conducting the business of the
Partnership, forewent other employment opportunities in the belief the Partnership could
and would produce the salary promised to him, through the loss of his Partnership
contributions and through the loss of the Parmerships reasonably expected revenue and
income.
WHEREFORE, Plaintiff demands judgment in his favor and against Defendant for an
amount in excess of the jurisdictional limit for arbitration, together with interest and costs,
punitive damages, and such other and further relief as the Court deems just and proper.
69.
70.
71.
72.
73.
COUNT IX
FRAUD
The Plaintiff hereby incorporates by reference Paragraphs 1 through 67 with the same
force and effect as if set forth at length.
Defendant made material misrepresentations regarding the transfer of ownership of
certain assets to the Partnership.
Such misrepresentations include statements contained in Exhibits A through D herein and
within the Business Plan issued by the Partnership, and verbal statements made by
Defendant to Plaintiff during the formation of the Partnership.
Defendant knew, or reasonably should have known, that such statements were false when
made.
Defendant knew that Plaintiff would justifiably rely on such misrepresentations in
entering into the Partnership, and further devoting his time and financial resources to the
Partnership.
-12-
74. Plaintiff has been damaged by Defendant's fraud in the nature of loss of value of his
Partnership interest, lost revenue that would have been generated by the Partnership
absent Defendant's fraud, and loss of his investment into the Partnership.
WHEREFORE, Plaintiff demands judgment in his favor and against Defendant for an
amount in excess of the jurisdictional limit for arbitration, together with interest and costs,
punitive damages, and such other and further relief as the Court deems just and proper.
Respectfully submitted,
THE LAW OFFICES OF MARK K. EMERY
DATE:
By:
410 North Second Street
Harrisburg, PA 17101
717-238-9883
Attorney for Plaintiff
-13-
VERIFICATION
I, Thomas A. Speck, hereby verify that I have read the foregoing Second
Amended Complaint and that the information contained therein is true and
correct to the best of my knowledge, information and belief, understand that
false statements herein are subject to the penalties of 18 Pa.C.S. § 4904 relating
to unsworn falsification to authorities.
DATE:
PRELIMINARY AGREEMENT
RE:
Triscari Video 55 Central Blvd.
Services (TVS) Camp Hill, PA 17011
Established - Jan 1, 2000
Re-negotiation - prior to Jan 1, 2001
PARTIES:
Partner/Producer ....... Thomas A. Speck
Partner/Specialist ...... Sebastian Triscari
CONTRIBUTIONS:
Thomas A. Speck,
Materials and Labor to renovate office space at
55 Central Blvd., Camp Hill,
Labor to set up equipment and work areas,
Oversee planning, production & marketing of video
services related to but not limited to,
Collaborations with Triscari Productions or others,
Approved projects over $5,000.00 or any under,
Special events such as Weddings & Recitals,
Film or picture transfers with or without sound,
Inventory and other documentation recordings,
page 1
PRELIMINARY AGREEMENT
CONTRIBUTIONS:
(continued)
Sebastian Triscari
Office spaces at 55 Central Blvd., Camp Hill
Equipment including- Cameras, tripods, light kits,
audio, Hi-8, 1/2" VHS/SVHS & 3/4" editing,
electronics racks, monitors, cables, etc.,
Web site, design and hosting,
Technical services and editing software,
MUTUALLY AGREED:
That both parties accept this preliminary agreement as
an outline of a proposed business relationship between
Triscari Productions Inc. and the proposed Triscari Video
Services and that a contractual agreement be established
between the two entities on or about 3/1/2000.
Effective 1/1/2000, In consideration of the proposed
partnership T.V.S. is to pay Triscari Productions Inc. the
following:
$40.00 per month for utilities
50% of it's profit.
page 2
PRELIMINARY AGREEMENT
MUTUALLY AGREED: (continued)
Sebastian Triscad agrees to reimburse Thomas A. Speck for
costs of renovations to the office space if the described
business relationship is terminated, by either party, prior to
3/1/2000.
Effective 3/2000, Under contract T.V.S. is to pay:
$40.00 per month for utilities
$400.00 per month for office rent
$100.00 per month for Equip. lease
30% of it's profit
Thomas A. Speck agrees to a two (2) year non-compete
agreement within a 60 mile radius of Camp Hill, PA.
Sebatian Triscari
Triscari Productions Inc.
Thomas A. Specl~ /
Triscari Video Services
page 3
REVISED PRELIMINARY
AGREEMENT
RE:
Triscari Video
Services
55-B Central Blvd.
Camp Hill, PA 17011
Established - Jan 1, 2000
Revised - February 29, 2000
Re-negotiation - prior to Jan 1, 2001
PARTIES:
Partned Manager ...... Thomas A. Speck (50% interest)
Partner/Associate ..... Sebastian Triscari (50% interest)
MUTUALLY AGREED:
That both parties accept this revised preliminary
agreement as a current outline of a proposed business
relationship between Sebastian Triscari representing Triscari
Productions Inc. and Thomas A. Speck representing the
newly created Triscari Video Services and that a contractual
agreement be established between the two parties in May,
2000.
PA GE 1
REVISED PRELIMINARY AGREEMENT
In consideration of the agreement Thomas Speck agrees to
the following work and contributions to the offices owned by
Sebastian Triscari at 55-B Central Ave. Camp Hill, PA.
Purchase $500.00 of building materials for renovations,
Provide labor to renovate and paint office space and to set
up equipment and work areas (approx. 4 weeks = $2,500.),
Deliver office furniture and custom tops valued at $2,000.00,
Provide the following computer components for an editing
system; 450MHz tower system with 128 MB of RAM, AGP
video card, 24X CD rom, 3 1/2" floppy, stereo speakers,
modem, keyboard, mouse, pad, (1) 2 Gig. boot drive, (1)
temporary 13 Gig. write to drive, labor & Windows 98. Total
contribution valued at approximately $1,000.00.
Description of duties of Thomas A. Speck:
Oversee planning, production & marketing of video
services related to but not limited to,
Special events such as Weddings & Recitals,
Film or picture transfers with or without sound,
School events such as sports or' the arts,
Inventory and other documentation recordings,
Approved projects over $10,000.00 or any under,
Collaborations with Triscari Productions or others,
PA GE 2
· REVISED PRELIMINARY AGREEMENT
In consideration of the agreement Sebastian Triscari agrees
to the following contributions to Triscari Video Services,
Provide said office space for use by Triscari Video Services,
To facilitate use of equipment by Triscari Video Services
including- Cameras, tripods, light kits, audio equip., Hi-8,
1/2" VHS/SVHS & 3/4" editing, electronics racks, monitors,
controllers, cables, etc.,
Technical services to oversee the connecting of equipment
and components so as to assure their proper functioning,
Provide the following computer components for an editing
system; video capture board, hard drive and $500.00 to
purchase (2) 2'1" svga mo, nitors and cables, etc.., to
complete a working system. Total contribution approx.
$1,000.00,
Development and animation of Triscari Video Services logo
as well as multi-page Web site design and hosting,
Triscari Productions to purchase office furniture and desk
tops, delivered by Thomas Speck, at a cost of $2,000.00,
To extend to Triscari Video-Services $2,500.00 in operating
capital as an interest free loan. The loan is to be paid back
in $500. installments. One installment will be due during
each of the first'five months that Triscari Video Services
exceeds $10,000.00 in business during the month.
PAGE 3
· REVISED PRELIMINARY AGREEMENT
Furthermore, it is mutually understood and agreed that,
Triscari Video Services shall pay an annual salary of
$41,500.00 to Thomas Speck as general manager,
Triscari Video Services shall pay Sebastian Triscari $500.00
per month as rent for office facilities, to begin April, 2000,
Triscari Video Services shall split it's profits between
Sebastian Triscari and Thomas Speck, 50% to both,
It is understood that the completed editing system and office
computers shall be the property of Triscari Video Services,
Triscari Video Services will pay a fiat 10% commission to
Sebastian Triscari on procl, uctions, over $2,500.00,
generated by him and his efforts,
Triscari Productions Inc. shall pay a flat 10% commission to
Thomas Speck on productions generated by his efforts,
Sebastian Triscari agrees to reimburse Thomas A. Speck for
costs of materials to renovate office space if the described
business relationship is terminated, prior to 5/1/2000,
Thomas. Speck will agree to a nOn-compete agreement.
Sebastian Triscari omas A. Spec_~r
Triscari Productions Inc. Triscari Video SerVices
PA GE 4
TRISCARI VIDEO SERVICES
55-B Central Boulevard
Camp Hill, PA 17011
(717)-909-0745
INVENTORY
UNIT #1
CAMERA
Batteries
Charging Station
Wise Guy charger & AC converter
Miller Tripod & case
Miller L.W. Dolly
JVC TM41AU mini color field monitor
SONY 3 ccd (w) Hi 8 DXC-325 & case
(3)
$7,400.
$285.
$150.
$120.
· $1,750.
$250.
$200.
UNIT #2
SONY DXC-M3A & case
SONY 3/4 BVU-150 Field deck
Batteries (2)
Anton Bauer charger & charging adapter
JVC AC Power adapter
Quickset Tripod
D-2 Rolling Base
Panas'onic Quintrix II Color field monitor
Supply of 3/4" sm. tapes
Page 1
$3,500.
$4,500.
$150.
$500.
$2O0.
$200.
$50.
$150.
$500.
INVENTORY continued
UNIT #3 (lockdown)
CAMERA SONY DXC-1800 & case
AMPEX 3/4 Field deck
Davis & Sanford rolling tripod
JVC CX 610US mini color monitor
SVHS/VHS UNITS
PANASONIC Omni movie HQ AFX CCD & case
PANASONIC Omni movie HQ AF SVHS & case
Batteries ( )
(2) Panasonic power supply/charger (w) case
Sony RM-E300 editing controller & titler
Hitachi VHS movie, power supply & case
Tripod
OTHER EQUIPMENT
JVC-KY 2000 (w) AC adapter
: . . JVC 3/4 field deck
PANASONIC WV 3400
Panasonic NV-8420 VHS Field deck
Page 2
$1,500.
$I,000.
$100.
$200.
$1,000.
$1,000.
$50.
$1,000.
$800.
$100.
· $1,000.
$5OO.
$100.
$200.
INVENTORY continued
LIGHTING
Strand case (4) IANEBEAM 1000 var. spots (w) barn doors
(4) Light Stands
Photo-Flex soft light kit
LOWELL case (3) DP lights (w) barn doors
(1) Stand
TOTA-SYSTEM (2) Tota-Lights
(5) Tota-mounts
(5) Flexi-shafts
(2) Lrg. Tota-flectors
(1) Un-brellas
(1) Tota-Pouch
(2) Tota-clamps
(1) Tota-tatch
(5)Lrg. Tota-flags
(1) Sm. Tota-flag
(2) D screens
(1) Stand
(3) Flag fi-ames
KOBOLD hand held spot
FREZZI Mini light (w)
SONY BC- 13 OW Battery Charger
SONY NP-4000 Rechargeable Battery Pack
SOUND
$600.
$100.
$150.
$750.
$50.
$800.
$35.
$210.
(2) SONY lapel mikes
(1) PANASONIC shot gun mike
(1) Telescopic mike boom
$300.
$200.
$50.
Page 3
INVENTORY continued
EDITING SUITE-
(2) JVC CR-600U 3/4 UVCR (source)
(1) JVC CR-850m 3/4 UVCR (recorder)
ABNER controller
$7,000.
$5,5OO.
$3,500.
Supply of 3/4" lg. tapes
(1) PANASONIC 6300 VHS Editing deck
$500.
$1,500.
(1) SONY Photo Capture Camera
(1) TAMRON FOTOVIX film\video processor (slides)
$1,500.
$1,000.
EFFECTS
ALTA CENTAURUS still store edit/effects
CPU, Key board controller
COMMODORE AMIGA 2000 VIDEO TOASTER
CPU, Keyboard & Mouse
$10,000.
$7,500.
NON-LINEAR/DIGITAL
ADOBE PREMIERE
4501VlI-Iz CPU (w) ATI 32MB Capture board
24X CD ROM, 16 bit stereo,"
2 + 13 g/g. hard drives
(2) 19" IBM 21P Monitors
keyboard, mouse
$2,000.
Page 4
INVENTORY continued
MONITORS
(1) 18" Panasonic Color Monitor (main)
(2) 13" Panasonic Color Monitors
(1) 13" Commodore 1084 Color Monitor (amiga)
(2) 1 I" Taxan Ckromo Display Monitors
(1) 8" Panasonic Twin pack B&W
(1) 7" Panasonic Twin pack Color
(1) 5" Sony Trinitron Color Tri-pack
SOUND
$450.
$5OO.
$25O.
$I00.
$300.
$500.
$750.
TASCAM M-308B Sound board
Pioneer CD player
Pioneer Tuner Equalizer & Controller
(2) APM Speakers
(2) Auratonen Speakers
Recording booth
$1,500.
$150.
$5O.
$50.
$50O.
DUPLICATING
(1) RGB Computer/SVideo converters '
(2) VDA-6 distribution amp.
(10) GE HQ VHS VCRs
$250.
$1,200.
VIDEO PROJECTOR
KODAK LC500
$2,500,
Page 5
INVENTORY continued
RACKS
(2) 77" tall racks
(4) 48" rack units
(2) 17" top racks
OTHER EQUIPMENT
TEXTRONIX 1410 Signal Generator
CANARE Patchbay
HITACHI RR-230 I" (reel to reel)
JVC Editing Control Unit RM-86U
Office
Wave 133 Mhz (w) 24X CDROM
(w) Hewlet Packard Printer
486 CPU (word processing)
(w) Panasonic Printer
Illuminated Sign
ASSORTED CABLES
TOTAL VALUE OF INVENTORY
$500.
$800.
$300.
.$4,200.
.$1,500.
· $4,500.
.$1,500.
$500.
$300.
$150.
$ 95,000.
Sebastian Triscafi
Page 6
INVESTOR AGREEMENT
RE:
Triscari Video
Services
55-B Central Blvd.
Camp Hill, PA 17011
Established October, 2000
PARTIES:
Partner/Manager .......... Thomas A. Speck (47.5% interest)
Partner/Associate ......... Sebastian Tdscari (47.5% interest)
Partner/Investor .......... Ken Stephan (5% interest)
MUTUALLY AGREED:
That all parties accept this agreement as the basis for a working
business relationship.
It is understood that Ken Stephan shall invest the total amount
of $10,000.00 into Triscari Video Services (AKA, Td Video Services )
for the purchase of equipment and the Operations of said company.
That, in consideration of this investment capital, he shall receive an
interest share of 5% of the company.
It is understood that Thomas Speck will reduce his previous
50% interest to 47.5% so as to prQvide for half of Mr. Stephan's
interest share.
It is understood that Sebastian Triscari will reduce his previous
50% interest to 47.5% so as to provide for'half of Mr. Stephan's
interest share.
Triscari Video Services shall distribute profit dividends between
the three partners, based on these newly established interest shares.
it is also understood that Triscari Video Services will purchase
all existing office furniture and custom tops from Mr. Triscari at a total
cost of $2,000.00. This furniture will then become part of the existing
inventory of Triscari Video Services at 55-B Central Blvd.
All other applicable agreements, previously established between
Sebastian Triscari and Thomas Speck, will remain in full effect.
The above agreement is thereby accepted and this
reorganization of interest shares is hereby established.
Sebastian Triscari
Page 2
Thoma~ Speck he~eb~'agree~ to aocep~ from Kenusth Stephan, M.D.,
all of D~. Stephan's r~h=, title ~nd in~eres~ in and to the
thereof, Kenns'tb $~ep~an, M,D., hsr~b¥ absolutel~
un¢onditionaliy wi~dr~s from all aspects of,the Trz Video
Pmr=nersh~p, in¢lud=n~he wlShdrawal aha relinquishment of an~
2. lnde~if~=au;o~ of ~nne~h S~ephan. ~.D. Thum~s Speuk
M.D., from and.~a~a~nst,any and all duties, obl~i~a=~ons, and .
n~cessarily ll~=e~ tO any action, cause of aR:ion, Claim Or ·
d~m~d whatsom~er by amy third ~ar~y. · '
3~ Coun~er~arts~ This Agreemen= ~y be' ex~cutcd in any
nu~r o~ ooun~e~ar~s~an~ ~ach coumte~ar= shall for all
'
ln~o ~hi~:~si~nm~nt A~rmemeDt thiB 12=" day of DecaYer, ~00~.
TVP INC. & Tom Speck
January 1, 2000 to December 30, 2000
Re-nogatiation January 1, 2001 -Non-compete clause 2 years in
Triscari
Production contribution:
1. Location - 55 Central Bird, Camp Hill, PA 17011
2. Sign Spac~ - 2 sides - 2 lines 8" x 36"
3. Web site - Design hosting
4. Equipment - 3A" Edit, ¼ VHS - SVHS, Hi-8, Light kit, tripod - several cameras
5. Good Name
6. First 2 months -No rent. Thereafter $500.00 month plus ½ of the utilities
Tom Speck Contribution:
1. Materials
2. Labor - Finish space, assemble equipment
Products:
1. Film transfers
2. Dance recitals
3. Weddings
4. Special events
5. Video inventory
6. Pictures & music to tape
7. School events
8. Collaboration with Chuck Shults Enterprise
First 2 months
Thereafter
50 - 50 split
70 - 30 split
Income Projections
$4,000 / Month
$10,000 / Month
$I 5,000 / Month
Year $250,000
Worst Case
Expected
Best Case
$48,000 / Year '
$120,000 / Year
$180,000 / Year
CERTIFICATE OF SERVICE
AND NOW, this 22nd day of December, 2003, I, Mark K. Emery, Esquire
do hereby certify that I have served the Second Amended Complaint by mailing a
true and correct copy via United States first class mail, addressed as follows:
Barbara Sumple-Sullivan
549 Bridge Street
New Cumberland, PA 17070-1931
LAW OFFICES OF MARK K. EMERY
Mark I~. Emery