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HomeMy WebLinkAboutArticles of ConversionFILED In the Office of the Secretary of State of Texas JUL 02 2001 ARTICLES OF CONVERSION for conversion of Corporations Section TEXAS HOTEL MANAGEMENT CORPORATION (a Texas corporation) into TEXAS HOTEL MANAGEMENT, L.P. (a Texas limited partnership) Pursuant to Articles 5.17 through 5.20 of the Texas Business Corporation Act, and Section 2.15 of the Texas Revised Limited Partnership Act, TEXAS HOTEL MANAGEMENT CORPORATION. is converting to TEXAS HOTEL MANAGEMENT, L.P., and executes these Articles of Conversion, certifying the following: ARTICLE I IDENTIFICATION OF PARTIES 1.1 Converting Entity. The converting entity, TEXAS HOTEL MANAGEMENT CORPORATION ("Converting Entity"), is a corporation formed under the laws of the State of Texas `f 1.2 Converted Entity. The converted entity, TEXAS HOTEL MANAGEMENT, L.P. ("Converted Entity'), will be a limited partnership formed under the laws of the State of Texas. TEXAS HOTEL MANAGEMENT, L.P. will be responsible for the payment of all applicable filing fees and all franchise taxes of the Converting Entity and the Converted Entity. ,t ARTICLE III PLAN OF CONVERSION 2.1 Plan of Conversion Approved. A Plan of Conversion was unanimously approved by all of the shareholders and directors of the Converting Entity on May Z, 2001. The Converting Entity has one thousand (1,000) shares of common stock (the only class of stock) issued and outstanding and the shareholders of all one thousand (1,000) shares approved such Plan of Conversion. 2.2 Location ofP/an of Conversion. An executed copy of the Plan of Conversion is on file at 1601 S. Texas Ave., Bryan, Texas 77802, the principal office of the Converting Entity. After the effective date of conversion, an executed copy of the Plan of Conversion will be on file at 1601 S. Texas Ave., Bryan, Texas 77802, the principal office of the Converted Entity '. k 2.3 Furnishing Plan of Conversion. An executed copy of the Plan of Conversion has been furnished by the Converting Entity (prior to conversion) to shareholders of the Converting Entity and to the partners of the Converted Entity free of charge. 2.4 Approval of Plan of Conversion. The Plan of Conversion was approved by all the shareholders and directors of the Converting Entity in accordance with the Bylaws of the Converting Entity and the Texas Business Corporation Act. There are one thousand (1,000) shares of common stock of the Converting Entity (being the only class of stock of the Converting Entity) outstanding and all one thousand (1,000) shares voted for such Plan of Conversion. Executed on this day of May, 2001 TEXAS HOTEL MANAGEMENT CORPORATION By Salim Ismail, President 2 7