On June 17, 1995, at 1607 central daylight time, a Beech B23, N7632R, operated by Wings Over Olivia, Inc., sustained substantial damage during takeoff in Neligh, Nebraska. The private pilot and the sole passenger sustained serious injuries. The 14 CFR Part 91 flight was planned to Montevideo, Minnesota. Visual meteorological conditions prevailed and a VFR flight plan was filed. In his written statement the pilot reported that he observed the windsock indicated winds from about 190 degrees at 15 knots gusting to 19 knkots prior to his attempted departure on runway 30. He believed he would have "a left front quartering wind." He stated that in retrospect "this was not the case." He initiated the departure with ten degrees of flaps without using the additional runway available in the displaced threshold. When the airplane became airborne, it veered right. The pilot attempted to accelerate at a low altitude to no avail. He elected to attempt to land the airplane. It impacted the terrain sustaining substantial damage to the forward fuselage, left wing, and empennage. During a personal interview with a Federal Aviation Administration (FAA) inspector, the pilot reported that the engine was running normally throughout the accident sequence. Examination of the wreckage revealed no evidence of preimpact malfunction.