THE COUNTRY STAR WHO LOST $96,000 ON A FAILED BURGER CHAIN — AND PAID EVERY INVESTOR BACK FROM HIS OWN POCKET — OKLAHOMA, 1968 “It was the moral thing to do.” That line wasn’t Conway Twitty’s. It was written by a U.S. Tax Court judge — in a poem — about him. In 1968, Conway opened Twitty Burger, Inc. Seventy-five friends invested, including Merle Haggard, Harlan Howard, and Sonny James. The signature burger had grilled pineapple, bacon, and a graham-cracker-crusted patty. By May 1971, every restaurant but one had closed. Conway owed nobody — legally. He paid them back anyway. Every dollar. Out of his country music earnings. When he deducted those payments on his taxes, the IRS sued. The case became Jenkins v. Commissioner, 1983. The court ruled in his favor and closed the opinion with a poem titled “Ode to Conway Twitty.” The IRS responded with a poem of its own. Conway died in 1993, age fifty-nine. The case is still taught in American law schools today. And what one of those original seventy-five investors did with his repayment check — almost no one in Nashville knows.
The Country Star Who Paid Back Every Investor After Twitty Burger Failed In 1968, Conway Twitty was already more than…