HomeMy WebLinkAboutPartnership Agreement LIMITED PARTNERSHIP AGREEMENT
FOR
TLS PROPERTIES, LTD.
THIS LIMITED PARTNERSHIP AGREEMENT FOR TLS PROPERTIES,LTD., is entered into
by and among TLS Operating Company, LLC, as General Partner, and the Persons or Entities who
become Limited Partners as provided herein, as those terms are defined below.
ARTICLE I
ORGANIZATIONAL MATTERS
1.1 Formation of Partnership and Governing Statute. Subject to the provisions hereof, the
General Partner and the Limited Partners hereby form the Partnership as a limited partnership under
and pursuant to the provisions of the Texas Act. The General Partner and the Limited Partners
hereby enter into this Agreement in order to set forth the rights and obligations of the Partners and
certain matters related thereto. Except as expressly provided herein to the contrary, the rights and
obligations of the Partners and the administration and termination of the Partnership shall be
governed by the Texas Act.
1.2 Name. The name of the Partnership is "TLS PROPERTIES, LTD." The business of the
Partnership may be conducted under any other name or names deemed advisable by the General
Partner. The General Partner in its sole discretion may change the name of the Partnership at any
time and from time to time.
1.3 Registered Office; Principal Office. The registered office of the Partnership in the State
of Texas shall be 770 South Post Oak Lane, Suite 390, Houston, Texas 77056 (the mailing address
HOUO3:102325.I
is: P.O. Box 22046, Houston, Texas 77227-2046) and the registered agent for service of process
on the Partnership at such registered office shall be John Douglas Smith. The principal office of the
Partnership shall be the same as the registered office, or such other place as the General Partner may
from time to time designate to the Partners. The Partnership may maintain offices at such other
place or places as the General Partner deems advisable in its sole discretion.
1.4 Power of Attorney.
(a) Each Limited Partner hereby constitutes and appoints the General Partner and the Liquidator
_—� (and any successor to either thereof by assignment, election or otherwise) with full power of
substitution as his true and lawful agent and attorney-in-fact, with full power and authority in his
name, place and stead:
(i) to execute, swear to, acknowledge, deliver, file and record in the appropriate public
offices:
(A) all instruments that the General Partner or the Liquidator deems appropriate or
necessary to reflect any amendment,change or modification of this Agreement in accordance
with its terms;
(B) all conveyances and other instruments or documents that the General Partner or the
Liquidator deems appropriate or necessary to reflect the dissolution and liquidation of the
Partnership pursuant to the terms hereof;
(C) all instruments relating to the admission or substitution of any Partner pursuant to
Article XI or XII; and
(ii) to sign, execute, swear to and acknowledge all ballots, consents, approvals, waivers,
certificates and other instruments that the General Partner or the Liquidator deems
HOUO3:102325.1 -2-
ARTICLE VI
MANAGEMENT AND OPERATION OF BUSINESS
6.1 Management.
(a) General. The General Partner shall conduct, direct and exercise full control over all activities
of the Partnership. All management powers over the business and affairs of the Partnership shall be
exclusively vested in the General Partner, and the Limited Partners shall not have any right of control
or management power whatsoever over the business and affairs of the Partnership. In addition to
the powers now or hereafter granted a general partner of a limited partnership under applicable law
or which are granted to the General Partner under any other provision of this Agreement, the General
Partner shall have full power and authority to do all things deemed necessary or desirable by it to
conduct the business of the Partnership. Notwithstanding the foregoing, without the prior written
approval of all of the Limited Partners, the General Partner shall have no authority to dispose of all
or substantially all of the Partnership's property, whether by sale, transfer, gift, or distribution to the
Partners.
(b) Each of the Partners hereby agrees that the General Partner shall be authorized to execute,
deliver and perform any agreements, acts, transactions and matters in connection with any offering
of any kind of LP Interests on behalf of the Partnership without any further act, approval or vote of
the Partners or the Partnership. The participation by the General Partner in any agreement authorized
or permitted hereunder shall not constitute a breach by the General Partner of any duty that it may
owe the Partnership or the Limited Partners hereunder or under applicable law.
6.2 Reliance by Third Parties. Notwithstanding any other provision of this Agreement, no
.--�' lender,lessee or purchaser,including any lessee or purchaser of property from the Partnership or any
other Person dealing with the Partnership, shall be required to look to the application of proceeds
hereunder or to verify any representation by the General Partner as to the extent of the interest in the
assets of the Partnership that the General Partner is entitled to encumber, lease, sell or otherwise use.
HOUO3:102325.1 Z)5-
Any such lender, lessee, or purchaser shall be entitled to rely exclusively on the representations of
the General Partner as to its authority to enter into such financing, lease or sale arrangements and
shall be entitled to deal with the General Partner as if it were the sole party in interest therein, both
legally and beneficially. Except for any fraudulent or illegal conduct on the part of any lender,
purchaser or other person, each Limited Partner and assignee hereby waives any and all defenses or
other remedies that may be available against such lender, lessee, purchaser or other Person
attempting to contest, negate or disaffirm any action of the General Partner in connection with any
such sale or financing. In no event shall any Person dealing with the General Partner or its
representative with respect to any business or property of the Partnership be obligated to ascertain
that the terms hereof have been complied with, or to inquire into the necessity or expedience of any
act or action of the General Partner or its representative. Each contract, agreement, lease, deed,
mortgage, security agreement, promissory note or other instrument or document executed by the
General Partner or its representative with respect to any business or properly of the Partnership shall
be conclusive evidence in favor of any and every Person relying thereon or claiming thereunder that
(i) at the time of the execution and delivery thereof this Agreement was infull force and effect, (ii)
such instrument or document was duly executed in accordance with the terms and provisions of this
Agreement and is binding upon the Partnership and(iii)the General Partner or its representative was
duly authorized and empowered to execute and deliver any and every such instrument or document
for and on behalf of the Partnership.
6.3 Purchase or Sale of LP Interests. The General Partner may cause the Partnership to
purchase or otherwise acquire (or may purchase or otherwise acquire on behalf of the Partnership)
LP Interests. The General Partner,however, must have the consent of sixty percent (60%) of all of
the Interests of the Limited Partners in order to purchase or otherwise acquire an interest greater than
15% of all of the outstanding LP Interest. The General Partner may also purchase and sell or
otherwise acquire and dispose of LP Interests for its own account.
-26-
H0003:102325.1
IN WITNESS WHEREOF, the parties hereto have executed this Agreement the z s .4
of O c ro d e , 1997, to be effective January 1, 1998.
General Partner:
TLS OPERATING COMPANY, LLC
/
J/ f r
John Dougla/Smith, President
P.O. Box 22046
Houston, Texas 77227-2046
Limited Partners:
.0/ 2 ___
./ 1
John Dougla0mith
P.O. Box 22046
Houston, Texas 77227-2046
k,'t-ets ,--2---)i 3.,4,1„., t 2-3--c--;___
. „3, •
Diane Smith Simpson
4106 Whitman
Houston, Texas 77027
., /7-=;, /.--;--- ,------,//: __.".' _________—
/
Donald Glenn Simpson
4106 Whitman
Houston, Texas 77027
H0003:102325.1 -48-
•
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John Dougl4Smith, as Independent
Executor of the Estate of Sidney N.
Smith, Deceased
P.O. Box 22046
Houston, Texas 77227-2046
H0003:102325.1 -49-
let the
Flt
CERTIFICATE OF LIMITED p Secretary
of Ice of th
TNERS)<�p tate e
k(.; 3 ,997E Tetras
TLS PROPERTIES, LTD.
The undersigned,Pursuant to SectionC°rPorat�ons Sem
2.01 of the Texas Revised L��P on
hereby executes the following Certificate of Limited Partnership.i . ershrp Act,
1. The name of the partnership is TLS Properties,Ltd. (the"Partnership").
2. The address of the registered office of the Partnership is 770 South Post Oak Lane, Suite
390,Houston, Texas 77056.
3. The registered agent for Partnership is John Do
registered agent for service of 770 � Smith and the address of the
Texas 77056. °�� South Post Oak Lane, Suite 390,Houston,
e
4. afire toLane, Suite
address of the principal office of the Pip in the United States what
kept or made available is 770 South Post OakTexas
77056. 390, Houston, Texas
5. The name of the General Partner of the Partnership is TLS
the address of the General Partner is 770 South Post Oak Operating Company, LLC and
77056 and the mailing address: P.O. Box 22046, Houston, 77Suite 2'2046,Houston, Texas
6. Nor third
with the Genes PSL:shall 1-xr cuircd to lock to:.he a3r..= t
..hip (the Agreemcnr') t,.o det=aincd the e t rt. of the General
Partner's authority. Any third party gait to rely o the.err:SeZtf.tiOAS of the
General Partner as to the c7.tcnt of his authority t.
��.�. the T'� -. .,:;_tent.
Executed
"� on the /
c d C<in7 £4.. 1997,
January, 1998. t� be effective the :st day of
TLS Cper3rng Carne any, LLC
By: kbn Dd., ••'as Smith
Its: r sident
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• F!LEO
In th
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ecretaryeo ce of
State °�exas
e
TLS OPERATING COMPANY, LLC 2 3 1997
ARTICLES OF ORGANIZATION � Corporations Section
The undersigned,being a natural person of the age of eighteen (18)years or more, : no:
organizer of a limited liability company under the Texas Limited Liability Company Act(the"Act"),
does hereby adopt the following Articles of Organ z lion for such limited liability company:
ARTICLE ONE
The name of the limited liability company is TLS Operating Company, LLC (the
"Company").
ARTICLE TWO
The Company shall continue in existence until the close of the Company's business on
December 31,2099 or until the earlier termination of the Company in accordance with its regulations
as adopted and amended from time to time in accordance with the Act(the"Regulations'.
ARTICLE THREE
The purpose for which the Company is organized is the transaction of any or all lawful
business for which limited liability companies may be organized under the Act.
ARTICLE FOUR
The address of the Company's initial registered office in the State cfTexas is 770 South Post
Oak Lane, Suite 390,Houston,Teas 77056,and its initial registered agent at that address is John
Douglas Smith. The mailing address for the registered office is P.O. Box 22045, Houston, Texas
77227-2046.
ARTICLE FIVE
The power,of the Camp=y shall be e::=cis' by or under the au hority of a Manager of the
Company, and the business and affairs of the Company shall be managed under the direction of a
Manager of the Comp f,who:417,1111-..,-,elected by a majority of interrst of the Members. The name 1
end address of the initial MAn'ager,who shall be desisted the"President,"ie as follows:
Name Address
John Douglbg Smith 770 South Post Oak Lane, Suite 390
Houston,Texas 77056
Mailing address: P.O.Box 22046
Houston,Texas 77227-2046 I;
HOUO7:%711.1
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CERTIFICATE OF ORGANIZATION
OF
TLS OPERATING COMPANY, LLC
FILING NUMBER 07032336
THE UNDERSIGNED, AS SECRETARY OF STATE OF THE STATE CF TEXAS ,
HEREBY CERTIFIES THAT THE ATTACHED ARTICLES OF ORGANIZATION FOR THE
ABOVE NAMED COMPANY HAVE BEEN RECEIVED IN THIS OFFICE AND HAVE BEEN
FOUND TO CONFORM TO LAw.
ACCORDINGLY, THE UNDERSIGNED , AS SECRETARY OF STATE , AND BY VIRTUE
SOF THE AUTHORITY VESTED IN THE SECRETARY BY LAW, -HEREBY -1-5-SUES S-SUES TtiiS•
CERTIFIrATE OF ORGANIZATION. --i-,_.--,-.,.,-,-,....-
-.......-=_-__.,..-, ,.•
ISSUANCE JF THIS _ _ t I Tf - _ 0aZAT O_A-DDE _NL!T= Al.'LKORi?E.
THE USE OF A CO.PANY NAME IN TrHIS STATE IN VIOLATION OF THE RIGHTS OF
ANOTHER ENTITY UNOEk THE FEDERAL TRADEMARK ACT OF 1946, THE TEXAS T RACEM4R
LAW, THE ASSUf-FD BUSINESS OR PROFESSIONAL P!AlE ACT CR THE CO:iriON Lti :! .
DATED DEC. 23 , 1997
EFFECTIVE JAN. 1, 1998
0' ":- `',:;".
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Q4e2 '7!",/
____-- ' A erto R.Gonzales. Secretary of State
CEa-LP � �E o
t.yt ;,u >
\`-... 4 , .
• Elie Jtate of Eexas
.Setretttrg of tate
DEC. 299 1.997
CS I •
PO BOX 1831 -
AUSTIN ,TX
•
RE :
TLS PROPERTIES , LTD.
FILING NUMBER 00104087-10
IT HAS BEEN OUR PLEASURE TO APPROVE AND PLACE ON RECORD YOUR
• CERTIFICATE OF LIMITED. P.AR.T_NE...R_S.HIP • _ -
THE APPROPRIATE EVIDENCE IS ATTACHED - F-- R"Y-OUP; -FTL _-S- ND- -T`-1E
ORIGINAL HAS BEEN FILEO IN THIS _OF-FZ�.:__y.=. `�_^ ___', -- __ '= _ ' �` _
PAYMENT OF THE FILING FEE`-1S-4-fi&<.:N7-4i4--t-E-4... ED - Y==Tr,rS =TETT-Eg.7._=._--- " -.- -
IF WE CAN BF OF FURTHER SERVICE AT ANY TIME, 2LEASE LET US KNO.' >
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A erto IR.Gonzales, Secretary of State
John D. Smith
P.O. Box 22046
Houston, Texas 77227
May 03, 2000
TLS OPERATING CO. LLC
TLS PROPERTIES LTD
P.O. Box 22046
Houston, Texas 77227
To: Limited Partners - TLS Properties Ltd.
I hereby resign from my position as President of TLS Operating Company,LLC, effective
May 15, 2000. With this resignation letter I request that the 60 day notice to partners be
waived. An election of all partners should be held prior to May 15th to elect a new President/
General Partner of TLS Operating Co. LLC.
Sincerely, (
John D. Smith
TLS OPERATING COMPANY LLC
TLS PROPERTIES,LTD
P.O. BOX 22046
HOUSTON,TEXAS 77227
May 8, 2000
In regard to the resignation of John D. Smith as President of TLS OPERATING COMPANY LLC,to be effective
May 15,2000,the partners of TLS PROPERTIES LTD held a special meeting on May 8,2000 to elect a new
President and Manager for the Company. By unanimous vote of all partners. being John D. Smith,individually and
as executor of the Sidney N. Smith Estate,Diane S. Simpson, and Donald G. Simpson,Bruce k Smith was elected
as the President and Manager of TLS OPERATING COMPANY LLC. This change is to be effective as of May 15,
2000.
TLS OPERATING COMPANY LLC
general partner of
TLS PROPERTIES LTD
�jyc.
hn I). Smith
zc.,,, - : til 19--u-+---
Diane S. Simpson 1
'Ilonai
3 G.:Simi;sob
414 PI
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STATE OF TEXAS
OFFICE OF THE SECRETARY OF STATE
AUSTIN, TEXAS 78711
MARK WHITE
Secretary of State September 15 , 1976
Mr. O 'Neal Munn
Attorney at Law
8700 Tesoro Drive, Suite 104
San Antonio, Texas 78217
Dear Sir :
Re : ARAPAHO LIMITED
Limited Partnership No . 12386
The Certificate of Limited Partnership for the above partnership
was filed in this office on August 30 , 1976 , and your
remittance has been applied for the filing fee .
Since the law regarding Limited Partnerships does not provide
for the furnishing of a certified copy of the certificate, this
letter may therefore be used as evidence of such filing in this
office .
When filing any instruments in the future pertaining to the
above partnership, please refer to the given file number.
Sincerely yours,
MARK WHITE
Secretary o. State
(
By : Bill Kimbrough
Director
Corporation Division
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expended by or to be expended by the General Partner on behalf of the
Partnership for the initial costs of acquisition of said property, including,
among other items, the clown payment, the legal fees, accounting fees, tax
proration, and other miscellaneous costs of acquisition of said property to
the Partnership.
2. The General Partner, upon acquisition of the subject real estate
by the Partnership, earns a 10% interest in and to this Limited Partnership and
is not required to contribute for the initial capital or additional capital
investment or initial costs of acquisition and will not lose or diminish any
of his interest due to death or incapacity. •
C. Additional Capital. Each Limited Partner, further hereby agrees
to contribute his ownership percentage share of the direct costs of holding and
disposing of the Partnership property, ad valorem taxes, legal and accounting
fees, and other expenses reasonably associated with the acquisition, holding and
ultimate sale of the Partnership assets, if, as and when such additional costs are
called for as provided for in "E" below.
Each Limited Partner further hereby agrees to contribute principal and
interest on payments of the purchase money notes on the subject property in the
principal amount set out opposite his name in Exhibit "A" plus interest on such
amount. The General Partner will not contribute any amount toward payments
on said notes.
If additional capital contributions are made by the Partners, an
Amendment must be filed.
D. Accounting.
1. The fiscal year of the Partnership shall be the calendar year.
The General Partner shall cause to be prepared and furnish to each of the
Limited Partners within ninety (90) days after the close of each fiscal year,
a statement of receipts and disbursements.
• 2. The Partnership books shall be maintained at the Partnership
offices in the custody of the' General Partner who shall cause the same to be
kept according to generally accepted accounting practices and who shall
have the power to collect sufficient sums in advance from the Partners
to employ the services of a qualified accountant to. maintain the Partnership
books. Said books shall be available for inspection by any Partner at all
reasonable business hours .
E. Time for Additional Contributions. The General Partner will, at
least thirty (30) days prior to the due date, send each partner a notice of payment
stating such partner's share of additional capital contribution due for principal,
interest, property, taxes, operating expenses and miscellaneou costs of holding
the partnership property, if any. The due date will be thirty (30) days after the
date of mailing such notice of payment, and all payments are to be delivered to the
General Partner at the Partnership office, on or before 5:00 P. M. on the due date.
Failure to so timely contribute by any Partner shall automatically invoke the default
provisions of this agreement, and such defaulting Partner shall receive no further
notice or demand for payment.
F. Limitation of Liability. Anything in this agreement to the contrary
notwithstanding, however, no Limited Partner herein shall be liable for any sum
of money in excess of the total sums agreed by him in this agreement to be
contributed.
G. Shares of Profits Upon Sale of Said Property. Provided, however, that
upon the sale of all or any portion of the Partnership property, the consideration
received by the Partnership shall be shared and distributed according to the terms
of Article VII of this agreement below.
-2-
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uodn paaaa;uoo u?aaag saamod uioaao3 ui4TTUTi lnomim •Ialsnpui
agi uit li m aoiloEjd poo2glim aouupa000u ul puu aauuEW ax?i ssaui snq
pus
poo E ui d?gsaaulaud agi Jo ssaui snq agi ionpuoo of lthuallu •ICiiiigs
s?q ;o isaq agi of pue :ssau?snq digsaaulaEd agi "30 luatua2EuEtu aqi 04
luap?oui JO Aantuolsno sati?ni;OE ao side aagio Ti.e puu ./CuE `luacu.fpnf sig ui
aleiadoadds uagm `uzaoJaad puu sa?E;3s digsaaulaEd .Ru?loa;;E suo!sioap
Hu aysui `digsaaul..iEd agi jo saiEJJE agi 3o io.zluoo puu luatua2EUEtu agi
ui uoilaaosip puu XllaoglnE alaidwoa puu Iin3 anE4 Iiugs .IaulaEd IuaauaD
am. `glimaaagl uo?ioauuoO ui •digsaaulaEd agi Jo ssauisn a a2EuEW uE
os a
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1 am aAeg 'lugs aaulaud jEaauaD agy ;T
aaulaud TEaauaD Iq luauzaEUEU1T •V
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( i) Keep all funds of the Partnership separate and
apart from all other funds of the General Partner•, which
funds are to be kept in a bank or banks selected by the
General Partner.
2. The General Partner shall act in good faith in the performance
of his obligations hereunder but shall have no liability or• obligation to any
of the Limited Partners or the Partnership for any decision made or action
taken in connection with the discharge of his duties hereunder, if such decision
or action is made or taken in good faith, ir•r•espective of whether the same
may be reasonably prudent or whether bad judgment was exercised in
connection therewith.
3. The General Partner shall devote to the Partnership such time
as reasonably may be required in the conduct of the business of the Partnership;
provided, however, the General Partner shall not be required to devote his
full time thereto.
4. No person dealing with the Partnership shall be required to
determine the authority of the General Partner to take any action or make
any decision on behalf of the Partnership.
5. The General Partner shall have the authority, in his discretion,
to sell all or any portion of or any interest in the property without the
consent or agreement of any Limited Partner, even though the effect of such
sale would terminate the business of the Partnership.
B. Role of Limited Partners
1. None of the Limited Partners shall take any part in the management
or control of the business of the Partnership, transact any business of the
Partnership, or incur any obligations on behalf of or otherwise bind the
Partnership, so as to insure the limitation of liability of the Limited Partners
herein. •
2. None of the Limited Partners shall (i) be liable personally
. for any of the debts of the Partnership or any of the losses thereof beyond
the total of the interest of such Limited Partner in the Partnership
plus the obligatory amounts which such Limited Partner has herein agreed
to contribute to the Partnership, (ii) be responsible for the losses of the
General Partner or any other Limited Partner; (iii) have a drawing account;
or (IV) be entitled to the return of his contribution 'to the Partnership except
to the extent, if any, that distributions made pursuant to this Agreement
may be considered as such by law, or by unanimous agreement of the Partners,
or upon dissolution of the Partnership,, and then only to the extent provided
for in this Agreement.
V.•
DEFAULT PROVISIONS
A. General Partner's Option. If any Partner shall default upon
his obligation to pay any of the sums as herein agreed to contribute, within the
periods specified, then all of said defaulting Partner's interest in and to the
Partnership property shall be terminated in full by way of liquidated damages for
the breach of this agreement, which damages are reasonably forseeable at the
time of entry into this agreement, and which liquidated damages are specified
herein by reason of the time, expense and difficulty of ascertainment of the exact
amount of damages at the time of any such breach. The other Partners, General
and Limited, shall have the option and right to acquire the defaulting Partner's
interest at any time within thirty (30) days after such default upon the payment of
the sum then defaulted upon and the assumption by the Partners that exercise such
option of all the obligations to the Partnership of the defaulting Partner.
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•
'aIoiiat si14l uT poTto!put st paiuddE put paing1Jisrp aq
Hugs Xiaadoad pies jo uoilaod /Cur Jo Tut jo ores am ruoaj spa000ad ag.L •V
A.JJcJO�Id QIkTS 30 :Pays NOdfl S.LJSSVdO NO:iLnfII�I.LSIQ
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•Jaulard Ir,aaua0 041 Jo luosuoo traluam oql uodn Idaoxa aauTJed palrtuT[
ainl?isgns r autooaq of po lilua aq lou -Tugs Jaulaud paliuiirI 2uia.raJsu1Ji a4l Jo
aou issr aqj •lsaaaluT plus of ATdde uir u Hugs arotiat? sig; jo suaaai am. uayl `pot,zad
/cup (0£) ;Ji14; pies JaiJFT •a0ui.zud IEaauaD agl of ua.A.0 aJoJoiaaag4 isaaa4u1
d1gsaauiJEd pai.Turyl Pius jo asodsip aSTmaagio JO JaJsu1JI of lualuT Jo a3Tlou
uallrJm 0141 Jo surJal agl gJJV aouutlduroo lapis uT `Joaaagl Janrr,tit e Jo `uoTido pr es
jo uoilejidxa 0141 Ja;Jr siCep (0£) /Clargi utpaaoons ixau agl uTJnp dTgs.au4Jed agl uT
lsoaaiuT siq jo osodstp asTmaa o Jo JalsuuJi of itT4a am. a/yeti "tugs dtgsaaulard
oto uT IsaJaiui siq Jo asodsip asiMJoglo JO aaJsuual o} 2uTaTsap JaulJrd pai!tuTZ
owl uogi `aoj panto uTaaaq poraad aql uTtulm uoildo pagTJosap anoquuiaaag aq}
as!Oaaxa of TiuJ sJOulatd Jatllo 0141 1uana am. uI •saa44O of Jajsu1J,L •g
•Jajjo gons jo Adoo
loaJJoo put anal t apnloui of 'aaaajsural ao JasugoJnd pasodoad aqi jo S4iluapi am.
,5uipnrotn 'isaaalui pies am Jo uoilisodsTp Jaglo Jo aaJsu1Jl `ares pasodoad Cue Jo
SUJJal all; Jo Tit jo sJaulJud aaglo aql .Sq idraoaJ Javje sACup (0£) JoJ l.sixa
Hugs uorido pies •sarliJoginu airiadoadde 041. gum s4uaurnoop digsaauiard
Pa;iluirI am o; 1.UO rpualut Are jo uipJ a4; JoJ saaj am put lsaaa4ui tions jo ales
a4; gum paloauuoo XTgtuostaJ sasuadxa Jagio Hu put uoISSrtuuroo 'Ouiiun000e
`I1i oI JoJ dTgsJaulJud agi of sisoo rue iced Hurls .raui.ed: Paulen aiaaajsueal
am ;1314; `JOA0/110q 'papinoad •isoaalur pins sig jo asodsip asim.agio Jo JOJsueal
`riaS 01. ouiJiSOp Ja114JEd aqi. Ai paniaoaa Jo uani0 lsaaalui pies Jo uoT}TsodsTp
041 ..Toj Jajjo apiJEuoq .Cur uT pauTEluoo su1Jai aures agi uodn aq Ilrgs sJauiJed
.10440 agi 0l. Jonno aqj, •digsaaulard am UT sumo aau4Jed aag4o 40130 41344 aarivaoaad
aqi of sisrq plea-oad e uo saau4Jrd aagio am of aures aqi Jo asodsip Jo
a0Jsu1J4 asTM.ratt4o JO HO uiaono isJTJ inoglim dTgsaau4Jed agi uT isaJaiur sTg Jo
uoiiJod /Cue Jo asodsip ictm ammo Aur ui Jo JaJsurai `aaquinoua `a9pald 'a20}Jouz
'.Sanuoo `leas `tr IssE Hugs Jau.iJud oN •XliTig1JaJsu1JJ, uo suOT40iJ;SOH "XT
1SJ,I II£Id 2i.'�TdSN��I.L •
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agi uodn pOATEM oq /CUM ;TneJap Abu 'JanaMog 'pap-T./wad •JaAT1M •Q
•dTgsJaul.ed 0141 Jo saTEJJE agi do pup
of paaooad iHugs JaulJrd rraauo9 041 put paA1ossTp aq Betts digsaaul.rd aqi "agi
'asegoand of uorldo s,Jau4JEd 9141 Jo uo!4eardxa 044 aa1JE SA'Ep (0£) 'liagl urg;im
JauTJrd uilin1Jop 0144 JoJ Jciiiva Jo renpinipur Jaglour aln}Tisgns lou scop JauTaed
itaaua J aqi 313141 iu0Aa aqi uT put `isa Jo4ur s,.rouiaed 2ur4In1Jap a14l asegoJnd of uoi4do
!044 OsIOaaxa lou op saau1Jrd 0144 itti4 ;trona aqi UI •ilnuJaE aavJe uoriniossIQ •3
•uiaJag sJouiatd 0L1 Jo Tit JoJ lo1J-Ui-AauJolir sr pun Jo JTerpq uo aauTJrd Iraau09
041 pOinooxa oq 44124s dT4saOu1atri jo sal°Tla V purr. O4roTJ1;.zao sig; o; luaurpuou e
OlT4Jdoaddu •aaulJrd uiilnrJap 0141 Jo dTgSJaul.rd 0144 0l strollr0iTgo 9144 Jo TTe Jo
Jau4Jrd politui r O4nl!Tsgns 044 Xq uoT4duanssr 0144 uodn.pus 040.104; leivapiour
s00J put s4s00 Tit put uodn pollnujop iCauour JO urns am Jo idiaoaa 0141 uodn
..rau1Jrd urilnr.Top 041 JoJ Ai!;uO ao Trnp!ATpuT J044o Cur, alnliTsgns o4 JOMod 044
°Arg Timis .iOuiard 1I.zaua0 0141 uogi `4SaJa4ui s,J0u4Je,I tn11n1Jap 0144 asrgDJnd
of uoi4do si44 asioJaxa 4ou op s.r0u4ard 0141 H •aOu4Jrd oiniTlsgns •g
•
•
B. The proceeds from the sale of any portion of said property shall first
be applied to the discharge and payment of all indebtednesses, liens, and
encumbrances upon, and of all other expenses of the holding and sale of that
portion of said property sold, which are outstanding or have accrued up to
the date of such sale and have not heretofore been paid prior to such sale.
Allocations to the portion of the total costs of acquisition, holding and sales of
said property sold from the total of such indebtedness, liens, and encumbrances
and other expenses outstanding on the part of said property owned by the
Partnership immediately prior to such sale shall be based upon the percentage
which bears the same relation to one hundred percent (100%) as the number of
acres of land sold bears to the total number of acres of subject property owned
by the Partnership prior to such sale. In the event that the proceeds of such
sale are insufficient to discharge and pay all the sums called for in the preceding
sentences of this section to be discharged and paid, then the deficiency shall be
treated as a loss which shall be credited to each of the partners in direct
proportion to their respective ownership percentages.
C. The proceeds from such sale remaining, if any, after the distribution,
discharge and payment of the sums specified in the aforementioned Section, shall be
distributed to the Partners, General and Limited, promptly after such sale, in
direct proportion to their respective ownership percentages, as such ownership
percentages are set forth in said Exhibit "A".
VIII.
DEATH, INSANITY OR RETIREMENT OF PARTNERS
The death, insanity, resignation or retirement of the General Partner shall
dissolve the Partnership unless a new General Partner is secured within thirty
(30) days thereof. The death or insanity of a Limited Partner shall not dissolve
the Partnership; however, the personal representative of a deceased or insane
Limited Partner shall have all the rights afforded such executor or administrator
under the Texas Uniform Limited Partnership Act.
• IX.
DISTRIBUTION UPON DISSOLUTION
Upon the dissolution of the Partnership, all of the assets of the Partnership shall
be applied, paid and distributed in the following order of preference:
1. To the payment of creditors of the Partnership (except
to partners in respect to capital or profits).
2. To the payment of each of the Partners, General and Limited,
of their shares of any undistributed operating net income credited
to his account on the Partnership books.
3. To the payment to the Partners according to the applicable
provisions of Article VII relating to distributions upon the sale of
said property.
X.
AGREEMENT TO BE CONSUMMATED IN THE STATE OF TEXAS
The General Partner shall execute this Agreement in the State of Texas after
it has been executed by all of the other parties hereto, and this Agreement shall be con-
strued under and governed by the laws of the State of Texas. Each of the parties
shall indicate the date on which he executed this instrument.
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alu1TIT0EJ 04 aapao uT `luatuaaa y stip 04 Iroiluap! stuaal utu!Eluoo luauinoop auo 01
`ulaaaq saau1Jrd apo W ao auo JO aanpruaTs ail ni!aeaq `Saliud aanieu2Ts alEJudas
xi33E 04 lOr3-ut- cauaollr apt!! Jaulard Ipaauao ail lutodde lclanTloadsaa olaaaT.t
saTlJEd ail uagl `luatuaa.T, y s?q1 Jo Xdoo r palnoaxa snit anug saaulaEd pal!LUTZ
ZI puE aaulard IEaaua) ail aalpr `aanamoq `papinoad •saaulard palzuzT•7 ail
Rue aaulard Iraauao agl 2uou.TE 1uaWaaa9V al2u!s T: alnlilsuo0 aaglab'ol nut's
sluauzaaa2y JPITWTs ions IIS pur `saaulaud palituyaaouz JO 0ns
I1 JO .Tau ae
1 d PallTutZ
gaup giro~ luowaaa y stgl jo Scloo r u.�Ts Atui aaulard Ie,zauaD ag1 :luatuaaa2y
stgl 3U .Sdoo at2uis /Cur ua!s 04 saaulard palituT'Z aql jar, ao. Xaussaoauun aq
Hulls lI •suT ssu pur saolualstutuTpT; `saolnoaxa `saossaOons `saiaq antloadsaa
atagl pur olaaaq saTlard ail uodn aq Tells luauzaaa2y si14J
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d 141 Jo /Cue Jo uotlt4JEd aoj uotlOE XLTr uirluTruz
of an olaaaq Aland cue 4E1.11. s11.01a IIE PUP /CUE antr..,4t Xiquoonaaai ifri'.Tag
olaaaq sailaEd IZE pur `A'l.zadoad ail ,to /Cur uot4Tlapd of 4q21a /Cue @AELT Bugs olaaag
satlaed agl jo auou `.claadoad lions ui digsaaumo cur srq ` uun.pimput `olaaag Claud
ou pur `JClilua uu sr digsaaulaud agl Sq paunno sT dTgsaaulard aql Al paui o Xlaadoad
truosaad puE IEaa TIP sE gonuzsuul 'UO1111.aed 01 114 Td JO JaATEM
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01ov aql 3o uo!1t,IOin uT dztisaaulaud ail u! lsaaaluT stg
jo Wiq Aq uoTingtalstp E ao airs r jo linsaa r, sE sasuadxa ao slsoo
`Xi iquzi Ire lsaiar dtgsaaulaud ail ic3Tuuzaput oG saaa2u .Cgaaag all
.a
•A'arssaoau lou sT uo!lualsT,5aa Lions lug; aaulaud JEaaua) am. aoJ Iasunoo
3o uotutdo UP (F;) ao `lay agl aapun lsaaapuT Bons Jo uoTlralspaa (I) Io aouasgT:
am uT dTgsaaul..TEd agl u[ lsaaaluT sp.! ;o aS0dstp asTnnaaglo JO aaJsural `u2tssu
`aaquznoua `a,ipaid `,SanuoO `a2E.2laoui 'Has lou THAI aq 1x141 saaa2r all •a
'40V ail 01 lurnsand uoilralst,gaa lnogliM digsaaulard
agl ui Wiq Aq uollpdTOTlaud r 2uT11iwaad u!O.Taq sailuraarno pur uoTlrluasaadaa
agl uodn .11ut.Siaa sT aaulard IEaauao aql lEgl spuelsaapun PIT •D
pasn si Waal Lions sr 11uoTingtalstp11 04 main r g1Tm ou 'lnuV agl ut
1 puE `luatulsanuT uE s8
`lunoo0r uMo srg aoJ digsaaulard ag1 ui lsaaalai sig 'u!JTnbOT sl aH •g
•a1ETadoaddr paulaap ai sE dtgsaaulard ail Jo uoTluap.sanut ue lions a)iruz
01 par lnogr uoTlTWaojui Lions uiElgo 04 Allunlaoddo ur pug srq ao pauJElgo sug pur
`digsaaulard 0141 Io suozlraado pur ssauTsnq am. 04 su pasTnpu SZIn3 Si all •y
:dTgsaaulaud ;-,)til ui lsaaal.ui stq Io
uoT4Tsinbor. :)gl 04 loadsaa .2uTMoito3 ail sluuaa1M pur sluasaadaa Xiirnpintput
aaulard goEa `uozloauuoo 5Tgl ui • uiaajjo oiignd r 2utnionut lou sE 4Oy am JO
(£) u0T1oas aapun lduzaxa st lsaaaluT LionsTsinbou o uoT
3 1. sp.! gum 141 spunoa2 am. uo
'(1140v atil„) pOpuatur sr 'EEG' Jo lay sailTanoas 0L1 .Ta un
dttis..zaul..TEd am LI! 1sa.zaluT sit r � p paaalsi,�aa uaaq lou srg
I 1 141 spuulsaapun saaulard 0141 Jo goEa
'IX
After the General PartnL_ 's completion of the said act pursuant to this grant of a
special power of attorney for said purpose, all Partners hereby agree that the one
document thus assembled, or a certified copy thereof, shall be admissible in any
Court or jurisdiction as evidence of the Agreement between the Partners, and that
all Partners shall be estopped to deny the execution of the same by any of the
Partners hereto.
XIV.
The Agreements and representations in this Partnership Agreement
contain all of the Agreements and representations of the parties hereto, and it is
expressly provided that the General Partner shall not be liable for any claim that
may hereafter be made alleging any verbal agreement by and between the parties
hereto of the General Partner, or the General Partner's agents, employees or
association.
• XV.
HEADINGS
The headings of each of the articles of this Agreement are inserted
for convenience only, and shall not be considered in construing the terms of this
Agreement.
EXECUTED in multiple counterparts, by the General Partner at
San Antonio, Texas, and by the Limited Partners on the date indicated opposite •
their respective signatures below, all effective June 22, 1976
GENERAL PARTNER:
a?,2?/-7
e1 G. Jones, d/h/a MANITOU, LTD. Date
•
STATE OF TEXAS Q
COUNTY OF BEXAR Q
BEFORE ME, the undersigned authority, on this day personally appeared
EDSEL G. JONES, d/b/a MANITOU, LTD. , known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged to me that
he executed the same for the purposes and consideration therein expressed, and
being sworn, stated he is a Partner and the statements therein contained are true
and correct.
GIVEN under my•hand and seal of office this the Z21
1 day of ,
19 ��
-
Notary Publi , n and or Bexar Cgthity, Texas
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LIMITED PARTNERS:
)-%"w VeLi;—&—ar•
Name • Date
L / 7s' Some'2-e-e-e-e-elL44-
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AddressT
Social Security lumber
77679
STATE OF "r-- Ga,o�
COUNTY OF /e;twa> 't-
BEFORE ME, the undersigned authority, on this day personally appeared
k'. , known to me to be the person whose
'.name is subscribed to the foreg ing instrument, and acknowledged to me that
executed the same for the purposes and consideration therein expressed, and being
sworn stated ;nk�, is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the . day of /ndA,
19 X16
-a: c3S c L4^-{,L
• Notary Public in and for31 t r t4,jt County,
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Name
Data)
603 Ae'v /ci 4/6/-
.• ; Address 4n', , ..rrib - ! Social Security Number
782-
STATE OF
COUNTY OF
BEFORE// ME, the undersigned authority, on this day personally appeared
/To (�-4=/7�" .L-J �� x.� :J , known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged to me that 1) .42_
'executed the same for the purposes and consideration therein expressed, and being
• sworn stated f'k• is a Partner and the statements theroin contained are true and
correct. •
GIVEN under my hand and seal of office this'the ; day of //7.:.-4._e.•
19 "
w
Notary Public in and for `'County,
•
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L;.1.!.12 T 'S '`.?
LI M1'l'ED PARTNERS: •
ze..) •
a-rr‘. / G. •
1.2/76Name / c
od >c ,4� 7:5;<4,_5' 776-o(
,3/6-8-.2 -)c)/7
Address / Social Security Number
•
•
STATE OF
COUNTY OF •
BEFORE ME, the undersigned authority, on this day personally appeared
-
CO.(OQ J g (��-,�,..a_.., j� i�r� f' , known to me to be the person whose
:'.name is subscribed to the foregoing instrument, and acknowledged to me that k.Q�
executed the same for the purposes and consideration therein expressed, and being
sworn stated, is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the (D.-1- - day of
19 (7 6.
•
Notary Public in and for pyo, Q' County,
•
•
•
* -moi^' * * T * * .
•
• /1 /,;(2)
sp W76
Name Date
• Address Social Security Number
•
STATE OF
COUNTY OF •
BEFORE ME, the undersigned authority, on this day personally appeared
L-Za.e-y, W. EVVY\ , O. known to me to be the person whose
• name is subscribed to the fore Poing instrument, and acknowledged to me that
'executed the same for the purposes and consideration therein expressed, and being
sworn stated bp , is a Partner and the statements therein contained.are true and
correct. ••
•
GIVEN under my hand and seal of office this'the ay 'day of Y U
19 %
•
•
j C -►C SzQ
Notary Public in and for �,,p County,
•
•
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LIMI'1.'ED PARTNERS:
•
Emanpne R_ Pi t 2G,i 97G
Name "llate
Rt 4 RlOx 1.58 Cald!roll , Tex. 7783, 4G5-26-5587
Address Social Security Number
•
•
STATE OF 12 .Cw t •
COUNTY OF P,)(-mk
•';.` • BEFORE ME, the undersigned authority, on this day personally appeared
rnancino r- pi-,_`c , known to me to be the person whose
-••;'.name is subscribed to the foregoing instrument, and acknowledged to me that ,i;,,
executed the same for the purposes and consideration therein expressed, and being
sworn stated si;r? is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the day of
, vlc _
•
('Jj_ti�1 CL 1 \\•Q YQ—J
Notary Public in and for -5(.\ County,TN:
v
•
•
•
('!1111 ai:i M. Ross
Name :�t. �2G�,,1(9:•7%
�._
Date
1710 Echols St. • 53-18- )543
' • Address Social Security Number
•
STATE OF (e--x U,3
•
COUNTY OF p��l � �_ •
•
BEFORE ME, the undersigned authority, on this day personally appeared .
"i li iarii , rs; , known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged to me that ;-,F,
'executed the same for the purposes and consideration therein expressed, and being
sworn stated ;,p is a Partner and the statements therein contained are true and
correct. •
GIVEN under my hand and seal of office this'-the :,4.y,` day of
19
Notary Public i.n and for ,(' ,z County,' t 1
•
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a4 }sql ow of pa;lpa{atouNor pus 'luatun.}sut uio a.roj ail; of poq!,zosgns st atut;u
asogm uos.zad aq} aq o} our of umouM ' W i5s ;A ) t) , 0
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atu of paffpa[MOujor pue 'luatun.z}sur .2utoa.zoj ail o} pagc.zosgns st
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7/* '• :pai oddr CI{ruos zad 'Cup stql uo pauftsaa un c.)
¢ .30 A.LNf1.03
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a}r((, aLLIL'N
/ .Adiy • . / 7029 `'•
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. LIMITED PARTNERS:
\,4 1L-Ll r1 . 114�wt 3r, 7t,_,
Name
Name ate
3/5 iv t1,.veir?,✓ .
. iiifF6- Wr}Co/ 1 x Z 70/ '/C/- 42 -- 2. z j'‘,
. Address Social Security Number
•
: STATE OF Cj2.2/ p
COUNTY OF / / l4--x-A-0- Q
:; ,: BEFORE ME,, . ;�•,. the.t3ndersigned authority, on this day personally appeared
; 1•r .01' at TX R. a O Q- , known to me to be the person whose
r,;i,:name is subscribed to the foregoing instrument, and acknowledged to me that f t.,_,
. • executed the sane for the purposes and consideration therein expressed, and being
sworn stated : is a Partner and the statements therein contained are true
and correct.
-
GIVEN under my hand and seal of office this the I tl- day of (`-`,/ 1 ,til j ,
j
1s ]t, .
7)
la_ io Notary Public in and for` )(7 ‘)
'x= �, �ta
ounty,
t., !•n.!.r, County, tux•
92a / G2 �.�6t,t.'.— /G ). t 5-/m(S/ /76,/,
Name - Date
ri i7r? /9 . 7 vzo9 45o G 2 —,s, 4 g
Address Social Security Number
•
STATE OF Q
.r
COUNTY OF .. •
•
. BEFORE ME, the undersigned authority, on this day personally appeared
, known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged to me that
'executed the same for the purposes and consideration therein expressed, and being
sworn stated ", is a Partner and the statements therein contained.are true and
correct. .
T -
GIV.LN under my hand and seal of office this'the �,20 day of
, 1976 . .
r
i
( -tom --,-�K,�.-.i a... ��-�. .•�
No .ary Public in aLAM N /' County,
NOTARY PUBLIC, BEXAR AUNTY. TEXAS
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•
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LIMITED PAliTNEliS: . • tAs ,
O._V\a-4\ .
Name •Date
Address Social Security Number
•
•
STATE OF ; Q
COUNTY OF
;••,• : BEFORE ME, the undersigned authority, on this day personally appeared
CXA_O-4(2-< r►�"�t , known to me to be the person whose
;`.name is subscribed to the foregoing instrument, and acknowledged to me that tie_
. executed the same for the purposes and consideration therein expressed. and being
sworn stated _is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the r day ofctrl /977, ,
5-4.19
acua)
Notary ublic in and for itztCounty,
SI E �;, T %te, *
�t tezLOS
• r Warr ,/ tD
Name 1 (�� Date
,tAWE-4_ 2 ( CO E.( j�L St47' 75 - Ca / 2- 9
• Address 77p,Ao Social Security Number
•
STATE OF
COUNTY OF
BJ FOR ME, the undersigned authority, on this day personally appeared
JE,e.tg. 1/4-4_o t4/.f , known to me to be the person whose S
name is subscribed to the foregoing instrument, and acknowledged to me that ncE•\ sn
'executed the same for the purposes and consideration therein expressed, and being
sworn stated J-iE is a Partner and the statements therein contained.are true and
correct. AAs Ti2usrSE> •
GIVEN under my hand and seal of office this`thc 2 3 4A day of ,T�/,✓r
, 19 7 . •
•
Note ry Public in and fo .;°Ls County, •
•
•
•
• -18-
•
•
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•
•
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`.CTUIio3 ,zor pile tIf 01'Kind ,C,IL'3ON
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pa.zuaddu ,C[ituosaad ,Cu st p�Vj.—
P to uo `�Cut.zoginE pau�t s,za'pu ay; `3T/1I�•3II033g : �., � ., `�';
¢ 30 AJNflOD
c 3o 3JvLs .
•
.toqutnN icit.Inoas lobos
��� �� 1 - ��f� P 4-IPPV
aiz'Cf• if - aturfq
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• LIMITED PARTNERS •.
•
-rte7
Name •
-llate
•
/ z 4, � 9. X74 —D.? 3—'3$—
Address Social Security Number
•
STATEOF TEXAS t •
•
CQ Y OF BEXAR
BEFORE ME, the undersigned authority, on this day personally appeared
CHESTER L. BUEKER , known to me to be the person whose
„'''.name is subscribed to the foregoing instrument, and acknowledged to me that he
executed the same for the purposes and consideration therein expressed, and being
sworn stated he is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the 24th day of May
19 76
• 2
Notary 13ublic'in and for Jl AR � County,
Notary Public TTYE S. TX.LEY Texas
* T a= a= Notary
o' Bex County, Texas
•
P
Y mission e>pire; 1 June L2.77
•
•
•
LIMI'I'Ell PARTNERS:
•
•
ad A. ` �� •
7 June
1976
Name -Date
1603 Glade Street •
College Station, Texas 454-78-8445
Address Social Security Number
STATE OF IDAHO t O
COUNTY OF IIuvgp
BEFORE ME, the undersigned authority, on this day personally appeared
CARL M. GOUGH, JR. , known to me to be the person whose
.,' .name is subscribed to the foregoing instrument, and acknowledged to me that he,
•
executed the same for the purposes and consideration therein expressed, and being
sworn stated he is a Partner and the statements therein contained are true
and correct.
•
GIVEN under my hand and seal of office this the 7th day of June
19 76 .
MARGARET A. SANTOS L1
NOTARY PUBLIC - IDAHO• '�!f���� �C'--� �.�— ,,1�-�.vr �`-✓
MY COMMISSION EXPIRES MARCH, 4, 1980Notary b1iC in and for Elmore County,
•
• T -I` -r 7•
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exud, `Aluno- vivofl 'ot c}n
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•
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uia
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• LIMITED PARTNERS:
N ne -Date
/D/C �G�_/��, e ('/4e a-7•oh /x 45— — 3sr - 7i
Address Social Security Number
•
STATE OF ru s G •
COUNTY OF 8r•azas
i ., : BEFORE ME, the undersigned authority, on this day personally appeared
•tgt1/ Ce.,e �.a , known to me to be the person whose
name is tubscribed to the foregoing instrument, and acknowledged to me that tic.
. executed the same for the purposes and consideration therein expressed, and being
sworn stated e_ is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the `f,4 day of J u�
197d
NotaryPublic in and-for
_ J County,
•
�:: T a= .bk
x s!«.
•
P. ,' T P.
LIMITED PARTNERS:
• q.4.) C 7- 1-16
Name •Date
•
t?"1/ - (ctL3
Addes 'pkt
"�- Social Security Number
STATE OF -rex AS p
COUNTY OF 47) I
. ;. BEFORE ME, the undersigned authority, on this day personally appeared
.- We/2/4j/ C- GG/i1• / ' , known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged to me that 4_�
executed the same for the purposes and consideration therein expressed, and being
sworn stated `j c_ is a Partner and the statements therein contained are true
and correct.
•
GIVEN under my hand and seal of office this the ' day of `_:!e-Z/
4.
196 . ,
(7';fl_10.-
N Lary Pu lc in and for ;��-7 a ;�Count
Y,
•
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[l 3 am Palnoaxa
r
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•
Name
•
-Date
Adclres Zp
Social Security Number
STATE OF
COUNTY OF
•
BEFORE ME, ,the undersigned authority, on this day•
personally appeared
name is subscribed to the foregoing , known to me to he the person whose
instrument, and acknowledged to me that
executed the same for the purposes and consideration therein expressed, and being
sworn stated is a Partner and the statements therein contained are true
and correct.
GIVEN under my hand and seal of office this the / '-a` day of _i
t
Notary Public in and for ,
County,
•
Leroy Raymond Jakubik
Name August 11, 1976
•
Date
2918 Cherry Creek, Bryan, Tex. 77801
455-56-5120
Address
Social Security Number
STATE OF
COUNTY OF
• BEFORE ME, the undersigned authority, on this day personallyappeared
pp ared
, known to me to be the person whose
name is subscribed to the foregoing instrument, and acknowledged
that
executed the same for the purposes and consideration therein presoscnle and bein
sworn stated is a Partner and the statements ther
correct, girl contained are true and
•
GIVEN under my hand and seal of office this'the
19 day of
Notary Public in and for County,
•
•
•
•
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•
FIELD N:11:S OP
`:11.30 ACRE TRACT
C.fcAWF)JD U7,11i TT SURVEY, ABSTRACT 1Jo. 7
ril:n7l�S CC.110 r ', TEXAS
reing 58.3Q• acres of land, more or less, out of and part of that certain 146.5
acre tract of land lying and being in the Crawford Burnett Survey, Abstract no. 7, in
Brazos County, Texas; maid 146.5 acre tract being the sante land described in a deed from
Henry Gorv.ycki, et ux to Harry Gorzycki, dated December 30, 1931, recorded in volume 81 ,
Page 1116, deed records of Brazos County, Texas; said 58.30 acre parcel of land being
more particularly described by mete ; ;Ind hounds as follows :
BEGINNING at an iron rod, said rod also beim the most northerly corner of said
146.5 acre tract. Said corner heir)] t he southeast corner of the Evans E::tate 14 acre
tract and lying in the southur::t line of the 11ahay.4.; Ltd. 47.26 acre tract.
THENCE S 43°48150" E for a distance of 282.23 feet to an iron rod for corner, said
corner also being a common coiner of the aforesaid Mohawk Lid, tract;
THENCE S 45°41'03" E for a distance of 11E28.28 feet to an iron rod for corner, said
c)rner 1_'ing in the southwest line of the aforesaid Hohawk Ltd. tract;
TIIr:I2E S 43°52' 39" 11 for a distance of 1403.70 feet to an iron rod in the north
•
right-of-way line of Farm to Market Road 2818 for corner;
THENCE S P6°14 '.15" U for a distance of 46.23 feet along the north right-of-way of
F. N. 2818 for co, ner;
THEE.:CE 5 86°15 '45" W for a distance of 435.18 feet along the north right-of-way of
P. 14. 2818 for corner ;
•
THENCE 11 03°44 ' 58" tl for a distance of 100 feet 1.o an iron rod for corner, said
. corner being the point of curvature for a curve to the right;
THENCE a distance of 199.82 feet along the arc of said curve to the right to an
iron rod for cornerb said corner tieing the point of -tangency for said .curve having a
central angle of Oo 56145", a radius of 1,925.53 feet, a tangent of 100.00 feet and a
chord bearing N 00 46' 35" W for a distance of 199.73 feet;
•
THENCE N 02°11147" E a distance of 549.93 feet to an iron rod for corner;
THENCE N 47°49146" W for a distance of 1015.88 feet to an iron rod for corner;
THENCE N 44°29' 16" E for a distance of 1167.07 feet to an iron rod for corner;
THENCE EI 44°51' SS" E for a distance of 25.14 feet to the PLACE OF BEGINNING and
containing within these metes and bounds 58.30 acres of land, more or less.
� OFT� tri
��) Surveyed by: ( / t`
.i
,• /err.y/Iii shop /
,,, , JEkRY BIS. :... `// I:egi:;tered Professional
�G�'• 37426 ._..`� EngineerIto. 37426
June, 1976
•
EX1II13IT "B" •
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