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children to make decisions about what assets to transfer to each
of the Five Partnerships. During the prefunding process, various
disputes arose regarding, inter alia, the appraisals of certain
assets and the desire of Ms. Fraser, which her three siblings
strongly opposed, that Mr. and Ms. Stone make Anne Logan Minis-
tries a charitable beneficiary of certain of the Cedar Mountain
property. Those disputes took time to resolve, and, in the case
of the disputes regarding the appraisals of certain assets of Mr.
Stone and Ms. Stone, new appraisals had to be obtained. Until
resolution of all of the disputes that arose during the
prefunding process, (1) the parties in the litigation among the
children did not enter into the third settlement agreement that
they contemplated when they executed the 1996 amendment to the
1994 plan for settlement, and (2) the partners of each of the
Five Partnerships were not able to determine what assets were to
be transferred to each such partnership.
On October 15, 1996, Mr. Stone and Eugene Earle Stone, IV,
as general partners, filed a certificate of limited partnership
for ES3LP with the Secretary of State of South Carolina (S.C.
Secretary of State), thereby forming ES3LP under the laws of that
State.
On October 15, 1996, Mr. Stone, Eugene Earle Stone, IV, and
Anne M. Stone, as general partners, filed a certificate of
limited partnership for ES4LP with the S.C. Secretary of State,
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