EXHIBIT 10.91


$500,000.00                                               As of February 5, 2004
                                                           Springfield, Missouri

                                 PROMISSORY NOTE


     FOR VALUE RECEIVED,  the undersigned,  TRAVIS BOATS & MOTORS,  INC. a Texas
corporation   ("Parent"),   TRAVIS  BOATING  CENTER   FLORIDA,   INC.,  a  Texas
corporation,  TRAVIS BOATS & MOTORS BATON ROUGE, INC., a Louisiana  corporation,
TRAVIS  BOATING  CENTER  OKLAHOMA,  INC., an Texas  corporation,  TRAVIS BOATING
CENTER MISSISSIPPI, INC., a Texas corporation,  TRAVIS BOATING CENTER LOUISIANA,
INC., a Louisiana corporation,  and TRAVIS BOATING CENTER GEORGIA, INC., a Texas
corporation  (collectively,  "Borrower";  all  references  to  Borrower  or "the
undersigned"  shall mean each of them,  jointly and severally,  individually and
collectively,  and the  successors  and assigns of each) hereby  unconditionally
promises  to pay to the order of TMRC,  L.L.P.,  a  Missouri  limited  liability
partnership, or its assigns ("Lender") at 2500 East Kearney Street, Springfield,
Missouri  65803 the  principal  sum of:  (a) Five  Hundred  Thousand  and 00/100
Dollars  ($500,000.00),  or so much thereof as may have been disbursed from time
to  time  hereunder  (the  "Loan"),   together  with  interest  accrued  thereon
(collectively, the "Obligations"). Amounts repaid may not be reborrowed.

     Interest  shall  accrue on the Loan from and after the date hereof  through
February 4, 2005,  regardless of whether or not demand for payment, as permitted
in the next succeeding sentence of this paragraph, has been made, at the rate of
ten percent (10%) per annum,  and  thereafter,  at the rate of eighteen  percent
(18%) per annum.  All amounts of the principal of the  Obligations not repaid in
full by May 5, 2004 shall thereafter be payable ON DEMAND.  All interest accrued
on the  Obligations  will be payable on May 5, 2004,  and to the extent not then
paid,  will be payable  thereafter  ON DEMAND,  and shall bear interest from and
after  such  demand is made at the rate of  eighteen  percent  (18%) per  annum.
Notwithstanding  the foregoing,  in no event shall the interest  contracted for,
charged or received on this Note ever exceed the maximum interest rate permitted
by applicable law.

     Sums shall be disbursed  under the Loan by Lender to Borrower  hereunder as
follows:

     (1) On the date of this Note,  Lender shall  advance the sum of Two Hundred
Thousand and 00/100 Dollars  ($200,000.00) to Borrower (the "Initial  Advance");
and

     (2) Following the Initial  Advance,  each  subsequent  advance  ("Advance")
shall be made upon the request of Parent. Each such request for an Advance shall
be  made in  writing  to  Lender,  which  may be  transmitted  by fax or  e-mail
specifying the date of the requested  Advance and the amount thereof,  and shall
be made only by the reconstituted Operations Committee of the Board of Directors
of Parent.  Notwithstanding the foregoing,  Lender shall not be required to make
any Advance hereunder on or after May 5, 2004, or so long as an Event of Default
exists or any event  shall  exist that with the passage of time or the giving of
notice, or both, would constitute an Event of Default.


<PAGE>

     The holder of this Note shall have the right to accelerate  the maturity of
this Note without prior notice, and declare all outstanding and unpaid principal
and  interest  immediately  due and  payable,  and  exercise  any  other  remedy
available under federal or state law upon the occurrence of any of the following
events  (each  being an  "Event of  Default")  but only if  Lender,  in its sole
discretion, declares an Event of Default (such declaration to be made in writing
and  delivered  to Borrower by  facsimile  transmission,  e-mail or in any other
reasonable manner):

     (1) if any payment under this Note is not made promptly when due;

     (2) if Borrower shall (i)  voluntarily  commence any proceeding or file any
petition  seeking  relief under Title 11 of the United  States Code or any other
Federal, state or foreign bankruptcy, insolvency,  receivership,  liquidation or
similar law,  (ii) consent to the  institution  of, or fail to  contravene  in a
timely and  appropriate  manner,  any such  proceeding or the filing of any such
petition, (iii) apply for or consent to the appointment of a receiver,  trustee,
custodian,  sequestrator or similar official of itself, himself or herself or of
a substantial  part of its, his or her Property,  (iv) file an answer  admitting
the material allegations of a petition filed against itself,  himself or herself
in any such  proceeding,  (v)  make a  general  assignment  for the  benefit  of
creditors,  (vi) become  unable,  admit in writing its, his or her  inability or
fail generally to pay its, his or her debts as they become due or (vii) take any
corporate or other action for the purpose of effecting any of the foregoing;

     (3) if an  involuntary  proceeding  shall be  commenced  or an  involuntary
petition shall be filed in a court of competent  jurisdiction seeking (i) relief
in respect of Borrower,  or of a  substantial  part of the property of Borrower,
under Title 11 of the United States Code or any other Federal,  state or foreign
bankruptcy,  insolvency,  receivership,  liquidation  or similar  law,  (ii) the
appointment of a receiver, trustee, custodian,  sequestrator or similar official
of Borrower or of a  substantial  part of the  property of Borrower or (iii) the
winding up or  liquidation  of Borrower;  and such  proceeding or petition shall
continue  undismissed  for thirty  (30)  consecutive  days or an order or decree
approving or ordering any of the foregoing shall continue unstayed and in effect
for thirty (30) consecutive days;

     (4) if  Borrower  shall fail to perform or observe  any term,  covenant  or
provision contained in this Note;

     (5) if any  default or event of  default  shall  occur  under or within the
meaning of any note made by Borrower or any security  document or any other loan
document related thereto evidencing  indebtedness of Borrower of more than Fifty
Thousand Dollars ($50,000); or

     (6) upon the sale,  exchange or transfer (by operation of law or otherwise)
of all or substantially all of the assets of Borrower.

     Notwithstanding  the foregoing,  Borrower agrees that from and after May 5,
2004,  Lender shall have the right from time to time to, without prior notice or
demand,  set-off,  appropriate  and apply  toward the  payment of any amount due
hereunder  in such  order of  application  as Lender may  determine  in its sole
discretion,  any cash, credits,  deposits,  accounts,  securities, and any other
property of Borrower in the possession, custody or control of Lender, including,
without limitation, any rebates, co-op, or promotional allowances (collectively,
the "Set-Off Funds").


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<PAGE>

     If this  Note or any  interest  thereon  is not paid  when due by reason of
acceleration  or otherwise,  and this Note is placed in the hands of an attorney
or attorneys for collection or foreclosure, or if Lender is the prevailing party
in any  other  litigation  in any way  relating  to the loan  evidenced  hereby,
Borrower  promises to pay, in addition to the amount due hereon,  the reasonable
costs and expenses of collection  and  foreclosure  hereof or in  prosecuting or
defending any such claim,  including,  but not limited to reasonable  attorney's
fees, whether or not litigation is commenced, and reasonable attorney's fees for
representation  in any  proceedings  instituted  under the Bankruptcy  Code. All
parties  herein  severally  waive  presentment,  demand for  payment,  notice of
dishonor, protest and notice of protest.

     This Note is made in the State of  Missouri  and shall be  governed  by and
interpreted  in  accordance  with the  internal  substantive  laws  (other  than
conflicts-of-law principles) of the State of Missouri regardless of the location
of any obligor hereunder and regardless of whether this Note is executed outside
the State of Missouri.

     In the event that any  provision  or clause of this Note is held by a court
to be  invalid  or  unenforceable  or to  conflict  with  applicable  law,  such
invalidity,  unenforceability  or conflict shall not affect other  provisions of
this Note  which can be given  effect  without  the  invalid,  unenforceable  or
conflicting provision, and to this end, the provisions of this Note are declared
to be  severable.  Without  limiting  the  foregoing,  in  the  event  that  any
applicable law limiting the amount of interest or other charges  permitted to be
collected from Borrower is interpreted so that any charge for which provision is
made in this Note, whether considered  separately or together with other charges
permitted to be collected from Borrower as a part of the transaction represented
by this Note, violates such law, and Borrower is entitled to the benefit of such
law,  such charge is hereby  reduced to the extent  necessary to eliminate  such
violation.  The  amounts,  if any,  previously  paid to  Lender in excess of the
amounts  payable to Lender  pursuant to such charges as reduced shall be applied
by Lender to reduce the principal of the indebtedness evidenced by this Note.

     Each maker, surety, endorser, accommodation party or guarantor of this Note
accepts the exclusive subject matter and personal  jurisdiction of the state and
federal  courts  located  in the  State  of  Missouri  in  connection  with  any
controversy  related to this Note,  waives any  argument  that venue in any such
forum is not convenient and agrees that any litigation  initiated by any of them
in  connection  with this Note  shall be venued in either the  Circuit  Court of
Greene County,  Missouri,  or the United States District Court, Western District
of Missouri, Southern Division.


STATUTORY NOTICE:

ORAL  AGREEMENTS OR COMMITMENTS TO LOAN MONEY,  EXTEND CREDIT OR TO FORBEAR FROM
ENFORCING  REPAYMENT OF A DEBT  INCLUDING  PROMISES TO EXTEND OR RENEW SUCH DEBT
ARE  NOT   ENFORCEABLE.   TO  PROTECT  YOU   (BORROWER)  AND  US  (Lender)  FROM
MISUNDERSTANDING  OR  DISAPPOINTMENT,  ANY  AGREEMENTS  WE REACH  COVERING  SUCH
MATTERS ARE  CONTAINED IN THIS  WRITING,  WHICH IS THE  COMPLETE  AND  EXCLUSIVE
STATEMENT OF THE  AGREEMENT  BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING
TO MODIFY.


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<PAGE>

     IN WITNESS  WHEREOF,  Borrower has executed  this Note as of the date first
above written.

                                       "BORROWER"

                                       TRAVIS BOATS & MOTORS, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


                                       TRAVIS BOATING CENTER FLORIDA, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


                                       TRAVIS BOATS & MOTORS BATON ROUGE, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


                                       TRAVIS BOATING CENTER OKLAHOMA, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


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<PAGE>

                                       TRAVIS BOATING CENTER MISSISSIPPI, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


                                       TRAVIS BOATING CENTER LOUISIANA, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


                                       TRAVIS BOATING CENTER GEORGIA, INC.


                                       By:______________________________________
                                       Title:___________________________________
                                       Name:____________________________________


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