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(ii) The deeds to 1,054.415 acres [of the Cedar
Mountain property] from E.E. Stone III to the
Mary Fraser Limited Partnership will reserve
for the 1,054.415-acre tract a * * * quali-
fied road right-of-way and utility permanent
easements through the adjacent 582.672-acre
Life Estate Tract following the route of the
existing roads * * *.
* * * * * * *
(iv) The parties * * * agree to the * * * Piney
Mountain [and] Cedar Mountain * * * land
appraisals.
4. Family Settlement Estate Planning: The New
Limited Partnerships Plan for the Estate.
The parties shall use their reasonable best
efforts to encourage E.E. Stone III and Allene W. Stone
to establish the five Family Limited Partnerships
contemplated by the New Plan for Mr. and Mrs. Stone’s
estate.
Based upon an analysis of Mr. and Mrs.
Stone’s assets and expenses, the Children agree to use
their reasonable best efforts to encourage Mr. Stone to
transfer $1,600,000 of his preferred stock in Stones,
Inc. to the Mary Fraser and Rosalie Morris Family
Limited Partnerships, in accordance with the “Family
Limited Partnership” distribution schedule (the
“Chart”)[10] hand dated April 12, 1996 * * *.
In the event that assets remaining in E.E.
Stone, III’s and Allene W. Stone’s Limited Partnership
(the “Parents’ L.P.”) as shown in column 7 of the
Chart, together with column 8, 9, and 10 and assets of
E.E. Stone, III, as managed by E.E. Stone, IV, are not
sufficient to pay (a) Mr. and Mrs. Stone’s health,
maintenance, and other reasonable (1995 standard)
expenses; together with (b) estate taxes and expenses
of administration payable after their deaths, the
deficit shall first be offset by contributions of Jack
10The “Chart” identified in the 1996 amendment to the 1994
plan for settlement is not attached to the Court’s copy of that
amendment and is not otherwise part of the record in these cases.
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