Today, with Clausen at the wheel, we five drove to the office of the attorney to sign the settlement papers for the sale of a lot in Jordan Bay. In the car was Gill, Wendy, Ken, Clausen and me, all proud owners of a lot we bought together about 10 years ago. It seemed like a good idea at the time. We 5 purchased a property and divided into lots, which we sold. But it took 5 years to get all 7 lots sold so we decided to sell the second lot without dividing it, which we did. The property sold last month and will settle on the 18th of this month. Wendy and Clausen leave on the 15th and we leave on the 20th so today we drove to the office of the attorney and signed our papers.
The funniest part of the signing was when Gill was required to execute the corporate seal. We had formed a company, Gull Bay Properties, and for that the attorney kept our corporate seal machine. We all cheered when Gill pressed the seal on the documents. Three times she was required to affix the seal on the papers. It was all very impressive. As we are disbanding the company, the seal no longer needs to reside in the office of the attorney so we presented the machine to Gill, who has been filing the taxes and keeping track of what we owe her. She is ready to be shed of her tasks. And we are pleased to have the properties sold. The idea seemed to be a good one at the time, but it proved to be more bother than it was worth. Now we will be happy to get our funds in our banks and but it all behind us. And the corporate seal will become an artifact in Gill's lovely home. She will be able to impress her friends...maybe.
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