Ted Rollins stated under oath that his income was $4,166.67 a month, from employment at Reynolds Mortgage and Investment Co. of Brentwood, Tennessee. That comes to $50,000.04 per year--and Rollins listed that as his only income.
The CS-41 is dated April 27, 2005, and published reports show that Campus Crest Communities already had started at that point, with Rollins as CEO. The South Carolina court found that Rollins was president of St. James Capital LLC, an investment firm he founded with his uncle--R. Randall Rollins, chairman of Rollins Inc. in Atlanta. The South Carolina judge found that the Rollins family is "extremely wealthy."
When Rollins v. Rollins was moved to Alabama, Ted Rollins suddenly no longer was involved with St. James Capital. You read that correctly: When his divorce case commenced in South Carolina, where jurisdiction clearly rested, Ted Rollins was president of St. James Capital. When the case unlawfully shifted to Alabama, he suddenly had no ties to St. James Capital. How intriguing! How convenient!
What happened to Ted Rollins' interest in that company, plus his interest in Campus Crest and other ventures? They seemingly vanished when Rollins v. Rollins took center stage in Shelby County, Alabama.
And that's not all. Ted Rollins was a major player behind the Crescent Center, a development in Greenville, South Carolina, that offers 750,000 square feet of manufacturing, distribution, and office space. Rollins derived no income from that sizable project?
Based on his CS-41 form, Ted Rollins appears to be a regular working stiff, a guy making a relatively paltry sum of 50 grand a year. But the CS-41 goes beyond "salary," requiring a declaration regarding many forms of income--the kind that wealthy people, such as Ted Rollins, often have. The instructions are found on the back side of the CS-41, under the title "Examples Of Income That Must Be Declared In Your Gross Monthly Income." It's pretty hard to miss. Here is what must be declared:
EXAMPLES OF INCOME THAT MUST BE INCLUDED IN YOUR GROSS MONTHLY INCOME
1. Employment Income--shall include, but not be limited to, salary, wages, bonuses, commissions, severance pay, worker's compensation, pension income, unemployment insurance, disability insurance, and Social Security benefits.
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