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On May 1, 1989, the PC and the 1203 Partnership executed a
document entitled “Real Estate Lease”. The provisions of this
document are identical to the 1986 document in all respects
except that the name of the tenant was changed to Shonsey,
Schroeder, Almquist, Schreiner, Kucera & Maltzahn, P.C.,2 and the
term of the lease is “from May 1, 1989, to April 30, 1990, to be
renewed automatically year to year on May 1.” Phil Maltzahn,
General Partner, signed the document on behalf of the 1203
Partnership and Matthew Shonsey, President, signed it on behalf
of the PC.
On May 1, 1990, the PC and the 1203 Partnership executed a
document entitled “Real Estate Lease”. The provisions in this
document are identical to those in the 1989 document, except that
the term of the lease is “from May 1, 1990 to April 30, 1991, to
be renewed automatically year to year on May 1”, and the rental
amount was increased from $5,580 to $7,425. Phil Maltzahn and
Matthew Shonsey once again signed the document on behalf of the
parties.
On May 1, 1993, the PC and the 1203 Partnership executed a
document entitled “Real Estate Lease”. This document is
identical to the 1990 document except that the name of the tenant
2 As of May 1, 1989, one of the PC shareholders’ interest
in the PC had been redeemed. The PC amended its Articles of
Incorporation and changed its name to reflect the six individuals
who were equal shareholders of the PC.
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Last modified: May 25, 2011