HomeMy WebLinkAbout0636
-1.
e
-
I
C1r<).J(14 ~ ~~--Otl""
.
O. R.
P,C~K
5
UJrj
------
I'T, ~,UCT Ci'1Uh:-Y, ~lA.
SALE OF STOCKHOLDERS
SHARES OF STOCK
~HEREAS, V. M. CHRTS~IANSON, hereinafter called Seller,
and ARTHUR LEE, hereinafter called Purchaser, have heretofore
~een two (2) of the stockholders in that Florida Corporation
known as C-J.EE CONSTRUCTION COMPA~~, INC., and
VrnEREAS, the Seller is desirous of selling and the Pur-
chaser is desirous of purchasing all the shares of stock, ri~ht,
interest and equity of the Seller in and to said Corporation;
NO\'., THEREFORE, in consideration of the mutual covenants
herein contained, it is ~ed between the parties hereto as follows:
1.
The Seller does hereby for and in consideration of the
sum of $3,500.00 to be represented by deliver'y to him from the
Purchaser of a promissory note for said principal amount, witr.out
interest, payahle on or before three (3) years, transfer, assign
ar.d sell unto the Purchaser all his ri~ht, title, interest, equity
and shares of stock in and to C-LEE CONSTRUCTION COMPANY, INC.,
said shares of stock being twenty-five (25) in nW71ber endot
common stock in said Corporation, represented by Certificate No.
1, issued fram the Stock Certificate Book of said Corporation
on June 16, 1959, and the Seller does hereby direct the appro-
priate officers of said Corporation to affect a can~ellation of
~
said Certificate upon the Books of the Corporation and to reissue
a new Certificate to the Purchaser for the same number of shares
of stock, which said shares are without par value.
2.
The Purchaser does hereby agree that when said Corporation
reissues a Certificate for the above described twenty-five (25)
shares of stock into hie name, said Purchkser will execute a
collataral security agreement pledging all shares of stock of
thIs Purchasor a* security for~the payment nnd satisfaction of
the ~bove described promi&~o~ note from the purchaser to the
Seller 1n the emount of $3,500.00.