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-2- <br />with said railroad track one hundred (100) feet; <br />thence northwesterly, at right angles, one hundred <br />fifty (150) feet; thence southwesterly, parallel with <br />said railroad track, one hundred (100) feet; thence <br />southeasterly one hundred fifty (150) feet to the <br />pl &ce of beginning, in Logan County, state of <br />Colorado; <br />subject to a mortgage in the amount' of approximately <br />U5000-00 to the 'requitable Savings and. Loan, Sterling, <br />Colorado. <br />5, That all of the stock in the Jessee Baking Company (a corpo- <br />ration) is owned by: <br />C. C. Jessee <br />Clara E. Jessee <br />Charlene Jessee Niller <br />and by no others, and each owner has full right to sell such <br />stock free of all encumberances. <br />6. That all of the stock in the Jessee Baking Company of Colorado <br />is of ned by: <br />C. C. Jessee <br />Clara E. Jessee <br />Charlene Jessee Miller <br />and by no others, and eacri owner has full right to sell such <br />stock free of all encumberances. <br />7. That the corporations above described, and each and every <br />stockholder thereof are desirous of making; some sort of an <br />affiliation, sale, or connection with Campbell Taggart <br />Associated Bakeries, Inc., or one of its subsidiaries, for <br />the Grand Island, Nebraska operation, or the Sterling, <br />Colorado operation, or both. <br />8. That Campbell Taggart Associated Bakeries, Inc. wants time <br />in which to investigate wriether such an arrangement can be <br />worked out on a basis advantageous to, and satisfactory to, <br />all concerned. <br />9. That the payment above referred to will be used to pay <br />deficits in current operating; expenses, and. the most press- <br />ing of current debts, and that the signatories believe that <br />no further outside financial help will be needed within a <br />90 day period. <br />10. That for a period of ninety days (90 days) , beginning; from <br />the date of this instrument: <br />(a). No owner of stock in either of the above corporations <br />will sell, pledge, convey, assign, give, or in any manner <br />transfer any stock in said cornoilations, or agree or con- <br />tract to do so. <br />(b). That said corporations have knowledge of this re- <br />striction, and will not complete a transfer in violation <br />thereof . <br />
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