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HomeMy WebLinkAboutArticles of OrganizationNOV. 1.2004 4:47PM F. 2IGHT LAW FIRM ARTICLES OF ORGANIZATION OF FOUR AGGIE INVESTMENTS I, LLC 1`;0.118 P. 2/5 rofthe to the of 600 ~tste 01-'eXaB Smcrett*rYd 0 2 '2.40 X10 ~orp0 tons s~t1` 1, the undersigned natural person of the age of eighteen (18) years or more, acting as organizer(s) of a limited liability company under the Texas Limited Liability Company Act, do hereby adopt the following Articles of Organization for such Limited Liability Company. ARTICLE ONE The name of the Limited Liability Company is l=our Aggie Investments I, LLC. ARTICLE TWO The period of duration of this Limited Liability Company is thirty (30) years from the date of the filing of these Articles of Organization with the Secretary of State or until the earlier dissolution of the Limited Liability Company in accordance with the provisions of its regulations. ARTICLE THREE The purpose for which the Limited Liability Company is organized is to conduct any lawful business, to promote any lawful purpose and to engage in any lawful act or activity for which limited liability companies may be organized under the Texas Limited Liability Company Act, including but not limited to, the purchase, development, sale, service, lease and management of personal and real properties of all kinds and descriptions, ARTICLE FOUR The Limited Liability Company shali have the powers provided for a corporation under the Texas Business Corporation Act and a limited partnership under the Texas Revised Limited Partnership Act, ARTICLE FIVE The Limited Liability Company will not commence business until it has received for the issuance of its certificates of membership interest consideration consisting of money, labor done, a promissory note, or property received. ARTICLE SIX On each matter on which the membership interest is entitled to vote, a member will have one (1) vote or a fraction of one vote per one percent of membership interest or fraction of membership interest r, owned by the member, d Cumulative voting is not allowed, Preemptive rights do not exist. NOV. 1. 2004 4:48PH Ft,-..IGHT LAW FIRM NO. 118 P. 3/6 ARTICLE SEVEN The street address of the initial registered office of the Limited Liability Company is 2825 N. 19", Waco, Texas 76708, and the name of its initial registered agent at such address is Andy Restivo. The address of the principal place of business is 2825 N. 190, Waco, Texas 76708. ARTICLE EIGHT The management of the Limited Liability Company Is hereby reserved to the members, and the names and addresses of such members are as follows: Hunter Goodwin 506 S.W. Parkway West College Station, Texas 77840 Jack Restivo 4420 Village Oak Waco, Texas 76710 Andy Restivo 3001 Deerwood Dive Waco, Texas 76710 Dr. David Jansma 4416 Village Oak Waco, Texas 76710 4 ARTICLE NINE The name and address of the organizer is: Melinda Reyne Hedrick, P.Q. Box 7575, Waco, TX 76714. ARTICLE TEN The initial Regulations will be adopted by the Members. The powers to alter, amend, or repeal the Regulations or adopt new Regulations is vested in the Members. ARTICLE ELEVEN To the full extent permitted by Texas law, no Member of the Limited Liability Company shall be liable to the Limited Liability Company or other Members for monetary damages for an act or omission in such Member's capacity as a Member of the Limited Liability Company, except that this Article does not eliminate or limit the Liability of a Member to the extent the Member is found liable for (i) a breach of the Member's duty of loyalty to the Company or its members; (ii) an act or omission not in good faith that constitutes a breach of duty of the Member to the Company or an act or omission that involves intentional misconduct or a knowing violation of the law; (iii) a transaction from which the Member received an improper benefit whether or not the benefit resulted from an action taken within the scope of the Member's office; or (jv) an act or omission for which the Liability of a Member is expressly provided by 2 NOV. 1.2004 5:19PN F 2IGHT LAW FIRM NO. 122 ~P.3-' an applicable statute, Any repeal or amendment of this Article by the members of the Company shall be prospective only and shall not adversely affect any limitation on the Liability of a Member of the Company sxisting at the time of such repeal or amendment. in addition to the circumstances in which the Member of the Company is not liable as set forth in the preceding sentences, the Member shall not be liable to the fullest extent permitted by any provision of the statutes of Texas hereafter enacted that further limits the Liability of a Member or manager of a corporation. The foregoing elimination of the liability to the Limited Liability Company or other Members for monetary damages shall not be deemed exclusive of any other rights or limitations of liability or indemnity to which a Member may be entitled under any other provision of the Articles of organization or the Regulations of the Limited Liability Company, contract or agreement, Vote of Members and/or disinterested Members of the Limited Liability Company, or otherwise. ARTIC E TWELVE Any action required by the Texas Limited Liability Company Act, and any amendments thereto, to be taken at any annual or special meeting of Members of the Limited Liability Company, may be taken without a meeting, without prior notice, and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the holder or holders of membership interest having not less than the minimum number of votes that would be necessary to take such action at a meeting at which the holders of all membership interest entitled to vote on the action were present and voted. Any such written consent must be dated, signed and delivered in the manner required by, and shall be effective for the period specified by the Texas Limited Liability Company Act, and any amendments thereto, and the taking of any such action by written consent shall be subject to satisfaction of all applicable requirements of such Act. Prompt notice of the taking of any action by Members without a meeting by less than unanimous written consent shall be given to those Members who did not consent in writing to the action. ARTICL THIRTEEN The membership interest of the Limited Liability Company will be subject to restrictions on its transferability as set out in the regulations of the Limited Liability Company, which Regulations will be kept with the records of the Limited Liability Company. The Limited Liability Company will provide a copy of the Regulations without charge to any record holder of a membership Interest upon written request addressed to the Limited Liability Company at its principal business office or its registered agent's address. ARTICL!: FOURTEEN These Articles of Organization may be amended, modified, supplemented or restated in any manner permitted by applicable law and approved by the affirmative vote of members owning more than fifty percent (50%) in interest of all of the membership interests in the Company then outstanding. IN WITNESS WHEREOF, I have hereunto set hand this j-11 day of November. 2004. c r Melinda eyna e k (/f~~/ NOV. 1.2004 4:40PN FU, IGHT LAW FIRM NO. Ile P.,1/6 LETTER OF CONSENT TO USE SIMILAR ENTITY NAME FourAggie Investments, LLC, a Texas limited liability company, consents to the use by Four Aggle Investments 1, LLC, of that entity name, which the Texas Secretary of State's Office has determined is "similar requiring a fetter of consent Use of this name is authorized by a Member of Four Aggie Investments, LLC. 4 Four Aggle Investments, LLC By, Tfif c y , Member a KAMIALimitoftestivaNUr Consmt l.wp6 4 i? 2/fib DEC 2 0 2 004 FAZ' S PMsa1 ]RIGHT LAW FIRM( UEVELOPOST 4 I 4 NO 25P 11 U i, the ~rc of the Secretary nt state of Texas DEc j o ?004 CIERWICAT$ OF AMX"M NT rarporafi'ons Section TO THE CERTIFICATE OF LIM[TED IPARTNFMMP Pursuant to the provisions of Section 2.02 of the Texas Revised Parmership Act. tli.- undersiigned litnited partnership desim to amend its certificaw of limited partnership and for that purpose submits tlae following certificate of amendment. 1. The name of the limited parnwrstup is Four Ags Investments, LP. 2. The certificate of limited partnership is amended as follows: 4 The name, mailing address and sheet address of the business or residence of eaeb general partner is as follows: Four Aggi.e Investments L LLC 2825 N. 19'h, Waco, TX 76708 Dated December 30, 2004, Four Aggie Investments 1, LLC General Partner Y. - 4- - runt odwin, Member Four Aggia Investments, LLC General Partnex By: -Tiffu-nter win, Member AmcudLP,rtf FILED In the Office of the Secretary of State of Texas CERTIFICATE OF LIMITED PARTNERSHIP - NOV 0 7 2001 1. The name of the limited partnership is Four-Ags Investments, LP. corporations Section 2. The street address of its proposed registered office in Texas is 2825 N. I W1, Waco, Texas 76708, and the name of its proposed registered agent in Texas at such' address is Andy Restivo. 3. The address of the principal office in the United States where records of the partnership are to be kept or made available is 2825 N. 191h, Waco, Texas 76708. 4. The name, the mailing address, and the street address of the business or residences of each general partner is as follows: Four Aggie Investments, LLC 2825 N. 191h, Waco, Texas 76708 Date signed; FourAggie Investments, LLC General Partner BY: An R stivo, Member .i 3 l+ 1 Y Y 1 LETTER OF CONSENT TO USE SIMILAR BNTITY NAME Foot Aggie Investments, LLC, a Texas limited liability company, consents to the use by Four Ags Investments, LP of that entity namt, which the Texas Secretary of State's Office has determined is "similar requiring a letter of consent" Use of this name is authorized by a Member of Four Aggie Investments, LLC . 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