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1.01 DECLARATION OF TRUST. THOMAS McCORMICK and
FORREST FURMAN (collectively referred to as "trustees")
declare that BARJONA S. MEEK and ROBERTA L. MEEK
("settlors") have transferred and delivered to the
trustee without consideration the property described in
Schedule A attached to this instrument.
* * * * * * *
2.01 TRUST ESTATE. All property subject to this
instrument from time to time, including the property
listed in Schedule A, is referred to as the trust
estate and shall be held, administered, and distributed
according to this instrument.
* * * * * * *
4.01 DIVISION OF TRUST ESTATE INTO SEPARATE
SHARES. The trustee shall immediately divide the
trust estate into five shares for the benefit of the
following five grandchildren of the settlors in the
following proportions:
Schedule A was supposed to be an attachment to the trust
document, but was never prepared and to date does not exist.
The trust document also provides that the trust is to be
construed, interpreted, and administered under the laws of the
State of California.
Also on December 11, 1991, Meek, McCormick, and Furman
executed a purchase agreement whereby Meek sold his 83-percent
interest in Elgrade, Ltd., to the trust for $868,308. The
purchase agreement provides in part:
THIS AGREEMENT is made as of this 11th day of
December, 1991 by THOMAS McCORMICK and FORREST FURMAN,
trustees of the BARJONA S. MEEK AND ROBERTA L. MEEK
GRANDCHILDREN IRREVOCABLE TRUST ("Buyer") and BARJONA
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Last modified: May 25, 2011