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general partner, and the individual investors were collectively
designated the limited partners.
The Partnership Agreement of River City Ranches #5 Ltd. (RCR
#5) states that the partnership was formed in 1985 as a general
partnership under the laws of the State of California pursuant to
the provisions of the Uniform Partnership Act. The agreement
states that the Uniform Partnership Act of the State of
California at the time of the partnership’s formation or as may
be thereafter amended shall govern the partnership. Jay Hoyt and
W.J. Hoyt Sons Management Co. (Management) were designated the
managing partners, and the individual investors were collectively
designated as the investing partners. All the investing partners
were general partners of the partnership and not limited
partners, as in the previous sheep partnerships.
The Partnership Agreement of River City Ranches #6 Ltd. (RCR
#6) states that the partnership was formed in 1986 as a general
partnership under the laws of the State of California pursuant to
the provisions of the Uniform Partnership Act. The agreement
states that the Uniform Partnership Act of the State of
California at the time of the partnership’s formation or as may
be thereafter amended shall govern the partnership. Jay Hoyt was
designated the managing partner, and the individual investors
were collectively designated as the investing partners. All the
investing partners were general partners of the partnership.
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Last modified: May 25, 2011