HomeMy WebLinkAboutResolution_06-70/71_09/21/1971 RESOLUTION NO. 6 -70/71
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A RESOLUTION OF THE COUNCILMEN OF
THE VILLAGE OF TEQUESTA, FLORIDA
ACCEPTING THE CAPITAL STOCK OF
PLANTREAT, INC.
«LEAS, William E. Schlusemeyer, Sr., owner of all of the
two - hundred -fifty (250) shares of issued and outstanding capital stock
of Plantreat, Inc., a corporation duly organized and existing under
the laws of the State of Florida and having its principal place of
business in the Village of Tequesta, Palm Beach County, Florida,
desires to give, donate and transfer all of said shares of capital
stock to the Village of Tequesta, Florida; and
WHEREAS, the Village Council of the Village of Tequesta,
Florida, deems it to be in the best interest of the Village of Tequesta
to acquire by gift all of the capital stock of Plantreat, Inc.; and
WHEREAS, Plantreat, Inc. is now indebted to William E.
Schlusemeyer, Sr. and will be further indebted by December 28, 1971; and
WHEREAS, the Village of Tequesta, Florida will become liable
to William E. Schlusemeyer, Sr. for such indebtedness upon the dissolu-
tion of the corporation; and
WHEREAS, it will be necessary for the Village Council of the
Village of Tequesta, Florida, to appoint an agent to receive and hold
said shares of capital stock until such time as the corporation may be
dissolved;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, FLORIDA AS FOLLOWS:
Section 1 . That the gift of two- hundred -fifty (250) shares
of the issued and outstanding capital stock of Plantreat, Inc. be
accepted by the Village Council from William E. Schlusemeyer, Sr.
Section 2 . That the Village of Tequesta, Florida will accept
such gift providing that William E. Schlusemeyer, Sr. agrees to accept
Village of Tequesta excise tax revenue bonds in complete payment of the
debts of Plantreat, Inc.
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Section 3. That the firm of ,'inters, Brackett, Lord & Held,
• Attorneys at Law, 218 Datura Street, West Palm Beach, Florida, be
appointed as the Village of Tequesta's agent to receive and hold said
shares of capital stock.
Section 4 . That the Mayor and Clerk be, and they are, hereby
authorized and directed to take all necessary action to consuriate the
acquisition of Plantreat, Inc. and to provide for the dissolution of the
existing corporation,
PASSED AND ADOPTED THIS DAY OF
A.D., 1971.
ATTEST:
Village Clerk
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