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1
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ORDER
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EXTRACTED KEY WORDS
COURT HEREBY PURSUANT THEREFROM CHANCERY DELAWARE PETITIONER MATTER DEL APPOINTMENT PROCEEDS TERMINATE AFFIDAVIT DUTIES HEREUNDER CONSENT JURISDICTION LONESTAR FLORIDA SELL AUTOMATICALLY TERMINATE TILING TRUSTEE NOTIFYING PROVISIONS CHANCERY COURT RULES PER-TAINING ENTRY RELATING MATTER PENDING RECEIPT |
rN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
In the Matter of > .-+-7
1 C.A. No. 1 -?
LONESTAR FLORIDA, 1NC. >
ORDER
Petitioner in the captioned matter, having moved the Court pursuant to 8 Del, C.
5 279 for the appointment of a trustee, and good cause therefor having been shown,
IT IS HEREBY ORDERED that:
1. James W. Langham is hereby appointed Trustee of and for Lonestar
Florida, Inc. (herein the "Company"), pursuant to 8 Del. C. 5 279 and is authorized in the name
of Company to do all things and to take all actions necessary fully and finally to sell or otherwise
transfer the Company's interest in the Property and to distribute the proceeds, if any, therefrom to
Petitioner.
2. The trusteeship established by this Order shall automatically terminate
upon the tiling of an affidavit by the Trustee notifying this Court that all actions required to be
taken by the Trustee in order to transfer the Company's interest in the Property and to distribute
the proceeds, if any, therefrom have been taken.
3. The provisions of Chancery Court Rules 148 through and including 168,
per-taining to the duties of trustees, are hereby waived.
4. Before entry into his duties hereunder, the Trustee shall cause to be tiled
with this Court a Consent to Jurisdiction, pursuant to which the Trustee shall consent and submit
to the -jurisdiction of the courts of the State of Delaware in all matters relating to or arising
his services as Trustee hereunder.
4. This Court shall retain jurisdiction of this matter pending receipt of the
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2
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PETITION FOR APPOINTMENT OF A TRUSTEE FOR A DISSOLVED CORPORATION
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EXTRACTED KEY WORDS
TRUSTEE DISSOLUTION COURT FLORIDA DELAWARE PURSUANT CERTIFICATE DEL SALE FILING PAID PARK APPOINT SELL JAMES LANGHAM PROCEEDS COMPANY PRIOR AFFAIRS WILLINGNESS JURISDICTION SERVE PURPOSE CAUSING LEGALLY ENTITLED THERETO SETTLEMENT UNFINISHED BUSINESS WHEREFORE PRAYS |
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\ IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NlEW CASTLE COUNTY
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In the Matter of > C.A, No. ,.-&(p&~ ;;
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>
1
LONESTAR FLORIDA, INC >
`2
PETITION FOR APPOINTMENT OF A TRUSTEE
FOR A DISSOLVED CORPORATION
Lone Star Industries, Inc. ("Petitioner"), a Delaware corporation,
its attorneys, for its petition, alleges as follows:
1. Petitioner was the record owner and holder of all the
Lonestar Florida, Inc. (the "Company"), a corporation organized and existing under the
Corporation Law of the State of Delaware.
2. The Company was incorporated under the laws of the State of
pursuant to a certificate of incorporation filed in the Office of the Secretary of State
of Delaware.
3. The Company was fully dissolved pursuant to the provisions of
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