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Warren Commission Hearings: Vol. XIII - Page 399« Previous | Next »

(Testimony of Mrs. Bertha Cheek)

Mrs. Cheek.
with that club over there because he liked the nightclub business, and he wanted $25,000 for half interest in it, and I thought it was too much money.
Mr. Griffin.
How did you happen to know Martin?
Mrs. Cheek.
Just looking for clubs, and I saw Mr. Martin's. I found out who owned the club. I don't remember just how I found out who owned a place. Sometimes I might go down to the records, if they buy the land, and look to see who owns it. Then I contact them like that.
Mr. Griffin.
Now didn't you plan to manage this club yourself? Any club that you would buy, didn't you plan on managing it yourself?
Mrs. Cheek.
I don't know whether I would or not, or whether I would have someone else to manage it for me.
Mr. Griffin.
How much of a return did you expect on your investment?
Mrs. Cheek.
I wasn't thinking about that at the time.
Mr. Griffin.
You must have some idea.
Mrs. Cheek.
I didn't know how much I would invest. I didn't have very much money to invest. I would have to trade a piece of property or sell a piece. I was looking for clubs or property. If you are talking to people you run into a good bit--buying 5212 Gaston, I put down $600 down, but I paid high payments. I don't know how much I would invest. I don't have a whole lot of money. I put small payments down and make high payments a month, you know.
Mr. Griffin.
Sure, but. you want to make sure you are getting more money off your real estate or business investments?
Mrs. Cheek.
When I came to Dallas, I didn't have very much money. I started managing a place for Mrs. Strong out on Gaston Avenue, and I managed it for her, and she sold me the place for $600 earnest money down.
Mr. Griffin.
Is the money that you acquired, you use for buying and selling real estate?
Mrs. Cheek.
Buying and selling.
Mr. Griffin.
Did you obtain any money from your husband?
Mrs. Cheek.
No; we worked together those years. He didn't take anything.
Mr. Griffin.
But all the money which was accumulated by you was accumulated through your own efforts?
Mrs. Cheek.
And other people working for me.
Mr. Griffin.
Well, when you think about investing money, you decide whether you are going to put that money into some business or whether you are going to leave it in a bank and draw three or four percent interest, don't you? Don't you have any idea?
Mrs. Cheek.
I never have enough to leave in the bank to draw interest. either have it invested or going to invest it, what little I have.
Mr. Griffin.
Don't you ever figure this out in terms of percentage you get or you expect to get on the money that you put up?
Mrs. Cheek.
No; I haven't.
Mr. Griffin.
How did you decide whether it is going to be a good investment for you or not? Whether it is the kind of investment that you want?
Mrs. Cheek.
I really don't know. I just trade and sell. That is all I do. I guess I should figure more. Maybe that is why I lost all I did in the Beach-comber, because I just traded that today. I trade 5212 and 5302 for the Beach-comber and the Holiday Apartments on a contract to sell, and probably had I gotten a paper and pencil and had an attorney, I wouldn't have done that.
Mr. Griffin.
Now, is there anything else as you read through that, that you want to change?
Mrs. Cheek.
[Reading.] You know, you talk to people about investments like Jack Ruby, but I have talked to a number of people. You may not just have an idea that you would invest, if you would make some money. I had no idea that I would. This is nothing permanent about this at all. I was just talking to the people, just went down and talked to him Just like I talked to Bill Martin. Bill Martin could have killed President Kennedy and it would have been the same thing when I talked to him if he did it.
I was so surprised when I heard that Jack Ruby killed Oswald and all this happened, it just floored me. I thought it was the awfulest thing I had ever heard of. I didn't figure that man doing such a thing, after talking to him down there. He didn't seem like a criminal.
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