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John Dean CPA | Cody White CPA | Lisa Axton Blanchard

 

Sam Grayson

Sam Grayson

The Claridge

The Claridge

The Warehouse

The Warehouse

John W. Dean

John W. Dean

ABOUT SAM GRAYSON

Sam Boatner Grayson Estate

Sam Boatner Grayson of Bossier City, La, died on March 28, 2004 leaving behind an estate worth much more than 30 million dollars.  Mr. Grayson was a single man, never married, no siblings and no children.  The will of Sam Boatner Grayson names John. W Dean, former managing partner of accounting firm of Heard Mcelroy & Vestal,  as the executor of the estate and also named the Grayson Foundation of Shreveport, LA as the recipient of the bulk of the estate.

Grayson Foundation of Shreveport, LA

Sam Grayson was the president of the Grayson Foundation of Shreveport, LA at the time of his death.  The Grayson Foundation of Shreveport, La had no named president for the years immediately after Sam Grayson died, based on the 990 PF Federal Tax forms for the years 2005-2007.   In 2008 and subsequent years, John W. Dean is listed as president of the Grayson Foundation of Shreveport, LA based on the 990 PF Federal tax forms for 2008 and later.  A document stamped July 18, 2005 from the office of the Lousianna Secretary of State called “Domestic Corporation Annual Report” for the entity “Grayson Foundation, Inc.” for the period ending in August 17, 2005 listed John W. Dean as president.

Garyson Holdings

A document stamped June 10, 2004 from the office of the Louisiana Secretary of state called “Domestic Corporation Annual Report” for the entity “Grayson Company of the Southwest, Inc.” for the period ending May 1, 2004 lists Sam B Grayson as President, Deceased 3/28/2004 and also lists Barry L. Graham as President.  The Detail Descriptive List showing the assets of Sam Grayson at the time of this death lists the “Grayson Company of the Southwest, Inc” with a value of $16,898,971.00.

A notarized document dated June 11, 2004 indicates that the Board of Directors of the Grayson Company of the Southwest, Inc voted on June 10, 2004 to change the corporation’s name to “Grayson Holdings, Inc.”. A document dated November 18, 2004 from the Bossier Parish Courthouse states that John W. Dean was elected president of Grayson Holdings, Inc. and that the Executor of the Succession of Sam Grayson is given authority by the Board of Grayson Holdings to agree on terms and conditions of the employment of the president of Grayson Holdings.

Dallas Warehouse

Based on a document dated April 15, 2005, A Dallas, TX retail/warehouse property was sold from the Estate of Sam B Grayson to Barry L Graham.  The document was signed by John W. Dean.  The same price was stated as $10.00 and other valuable consideration.

Dallas Condo

Based on a document dated September 15, 2009, a Dallas, Tx condo located at the Claridge in the Turtle Creek area of Dallas was sold from the Estate of Sam B Grayson.  The document was signed by John W. Dean. The sales price was $10.00 and other valuable consideration.  Based on tax records, the condo was sold after the estate of Sam B. Grayson held it for 5 years after his death and paid approximately $432,680.00 dollars in property taxes, fines and HAO fees.

Closure of Estate

A notarized document dated 2/09/2010 states that the Sam B Grayson Estate was closed on 2/09/2010 with all the remaining assets of the estate being transferred to the Grayson Foundation of Shreveport, LA.  This document was filed roughly 13 months later on 3/3/2011 at the Bossier Parish Courthouse.