Shareholder says Jerry never paid up

Perry Arant was a silent partner/shareholder with Carolina Holsteins. Jerry Anderson owned 50 percent of the shares and Arant and his partners spilt the other 50 percent, with Arant having 25 percent of that. He said around 1997 or 1998 he and his partners wanted out of Carolina Holsteins because the dairy farm was growing too big too fast for Arant and his conservative partners. They came up with an agreement: Jerry would buy out their shares. Terms of the agreement were Jerry would pay $66,600 in outstanding mill fees to Arant's business, $5,000 owed to Arant and $17,600 owed to the other two shareholders. Arant testified those terms have never been met. Nor were the shareholder's names removed from certain notes. So the day Jerry Anderson got arrested, Arant consulted an attorney to confirm he still had shares in the business. He then testified he helped resolve the dairy. The judge is not allowing any testimony concerning financial conditions or lawsuits at or after the time of Jerry Anderson's arrest. The prosecution tried to argue those facts were important to its case because the debt Anderson had goes toward motive, Bellas said, but the judge is not allowing it.
Arant did not testify to the comment I reported in the previous blog. Therefore, the jurors did not hear what Jerry reportedly told another man who told Arant. That was double hearsay, Dubs argued.
The jurors left 15 minutes earlier for lunch while the attorneys and judge discussed a few matters, one being when the state might rest. Bellas said he was originally hoping that would be today, but given the lengthy cross-examinations, the two days of testimony without the jurors present, Bellas said the prosecution will take up most of next week. Then, the defense begins, and I believe, has even more witnesses to call. I bet we have three, if not four more weeks until a verdict. But it will be here before you know it. Can you believe it's been 17 months since this all began?