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Documents: Traylorís Wife Had Gambling Income (Louisiana Senate Race)
Lincoln Parish News Online ^ | August 2, 2010 | Walter Abbott

Posted on 08/02/2010 5:29:15 AM PDT by abb

Peggy M. Traylor, the late wife of former Louisiana Supreme Court Associate Justice Chet Traylor had “professional wagers” income of over $100 thousand for the reporting years of 2008 and 2009, according to documents obtained by Lincoln Parish News Online (LPNO). Chet Traylor retired from the court May 31, 2009.

The documents do not reveal under what circumstances or from whom the income was received, as appears to be required by the state’s ethics laws.

RS 42:1114

A. Other than a legislator, each public servant and each member of his immediate family who derives any thing of economic value, directly, through any transaction involving the agency of such public servant or who derives any thing of economic value of which he may be reasonably expected to know through a person which (1) is regulated by the agency of such public servant, or (2) has bid on or entered into or is in any way financially interested in any contract, subcontract, or any transaction under the supervision or jurisdiction of the agency of such public servant shall disclose the following: (1) The amount of income or value of any thing of economic value derived; (2) The nature of the business activity; (3) Name and address, and relationship to the public servant, if applicable; and (4) The name and business address of the legal entity, if applicable.

Here are links to the disclosure forms and applicable rules.

Louisiana Supreme Court Personal Financial Disclosure Form 2008

Louisiana Supreme Court Personal Financial Disclosure Form 2009

Personal Financial Disclosure Statement Instructions

The 2008 disclosure also showed Chet Traylor’s $152 thousand/year income from the Louisiana Supreme Court and real estate rental income of between $5 thousand and $25 thousand.

Several real estate assets were listed – condominium, lake house, apartments and residence – at more that $100 thousand each in value. No debts of greater than $10 thousand were listed.

The 2009 disclosure showed Chet Traylor’s $67 thousand Supreme Court salary and from his law business between $25 thousand and $100 thousand. Real estate rentals showed between $5 thousand and $25 thousand.

Also shown for 2009 was a significant distribution from Traylor’s state retirement – about $237 thousand.

Under the real estate assets, the condominium, lake house, apartments and residence were all again listed at more than $100 thousand each.

Peggy Traylor’s two sons, Ryan Ellington and Noble Ellington III are in litigation with Chet Traylor over the succession of her estate. A hearing on the matter is being held today in Fifth Judicial District Court in Winnsboro.

Chet Traylor is running against incumbent Sen. David Vitter for the U. S. Senate seat in the August 28 GOP primary.


TOPICS: Business/Economy; Local News; Politics
KEYWORDS: louisiana; senate; traylor; vitter
Of interest to the Louisiana voters at Free Republic is this exclusive story published this morning by FReeper abb.
1 posted on 08/02/2010 5:29:19 AM PDT by abb
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To: rrstar96; Uncle Sham; jubail; TornadoAlley3; 1COUNTER-MORTER-68; dixiechick2000; kms61; ...

ping


2 posted on 08/02/2010 5:30:23 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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