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The capital with which the parrnership shall commence business #
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is $5. 00. Each of the partners shall contribute to the capital of the part- ;
nership, in cash, the sum set forth as his contribution opposite his name ~
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in this agreement under the heading "Cash Contribution". ;
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VI.
Zhe purpose for which this partnership is formed, and the business
and objects to be carried on and promoted by it are as follows:
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(a) To purchase for investment purposes
the real property herein described on
attached Exhibit "A" , holding the same
for appreciation. -
(b) To buy and sell real property which ~
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j the partnership may deem necessary
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i for the making of investinents. s
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~ (c) To borrow money and issue evidence of
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~ indebtedness in furtherance of any or 4
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~ all of the objects of the parrnership ;
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investment business; and to secure
the same by mortgage, pledge or
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~ other liens.
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~ (d) To enter_into any kind of activity and
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~ to perform and carry out contracts of
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~ any kind necessary to, or in connection
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~ with, or incidental to the accomplish-
~ ment of the purposes of t~is partner- ~
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