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3. AMCOR; Agreement To Make AMCOR Co-General Partner;
Amendment of AVA Certificate
Amcor Capital, Inc., formerly American Agri-Corp (hereafter,
without distinction, AMCOR), was organized in 1981 by Messrs.
Behrens, Schreiber, and Wright.5
Following are pertinent portions of a document (the AMCOR
purchase document) dealing with the purchase of general
partnership interests in certain partnerships (including AVA):
AMERICAN AGRI-CORP
December 12, 1985
Mr. Fred H. Behrens
Mr. George L. Schreiber
Mr. Robert A. Wright
AMERICAN AGRI-CORP
5000 Birch Street
East Tower, Suite 610
Newport Beach, CA 92660
SUBJECT: PURCHASES OF A GENERAL PARTNERSHIP
IN CERTAIN PARTNERSHIPS
Gentlemen:
You are Co-General Partners of the following California
limited partnerships:
* * * [There follows a list of 13 partnerships,
including, AVA.]
It is understood that the three of you, as individuals,
collectively own a 1 percent interest in each of these
partnerships. American Agri-Corp is desirous of
purchasing 50 percent of your collective position so
that it would hold a 1/2 percent interest, as a Co-
General Partner, in each of the above partnerships.
5 This finding is applicable to all the partnerships.
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