HomeMy WebLinkAbout1176 -
' v
ARTICLE V - CONTRIBUTIONS--GENERAI. PARTNER
A. Contribution-to Capital: The general .
partner, as his respective share, shall. contribute to•the
capital of the partnership as follows:
CASH AND ~ ~ AGREED VALUE
- OTHER PROPERTY OF PROPERTY
Equity in Composite, Inc.,
a Florida Corporation, to •
be liquidated under I.R.C.
®333. _ $7,750.00
t
- B. Z1hen Contributions to be Made: The con-
tribution of the general partner to the partnership shall be -
made within five days of the date that the Secretary of
_ - State of the State of Florida, approves the dissolution of
. Composite, Inc., a Florida Corporation.
C. Effect of Failure to Make Contribution: If
the general partner fails to make 13is entire contribution to
the capital of the partnership as set forth above, this
agreement shall be void-and of no effect. and contributions
of capital made by the limited paxtners shall be returned to
the artner who made such contribution. -
P
ARTICLE VI - CONTRIBUTIONS--LIMITED PARTNERS -
- A. Contribution to Capital. Each Limited
Partner as his or her respective share, shall contribute to
the capital of the partnership as rollows: ~ _
. NAME CASH AND AGREED VALUE
- ~ O2'HER PROPERTY OF PROPERTY
- Cynthia Schulman Schweiger Equity in Composite, $7,750.00
- Inc., a Florida Cor-
poration, to b~ dis-
- ~ solved .upon approval -
_ of the Secretary of
State -
Helene Schweiger Equity in Composite, $15,500.00
.Inc:, a-Florida Gor-
.poration, to be dis-
• solved upon approval
by the Secretary ci#
~ _ ~ State
B. •Receipt of Contributions. Receipt of the
capital contributions of each limited partner as above
i
specified is acknowledged by the Partnership and ~jts members,
by virtue of an Assignment of such and completion `pf such
- contribution shall'be accomplishes within five (5),days after
i e~~ q~«~ - 1
- ~