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All corporate personal property[2]

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Shared by: Cristal O
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All corporate personal property. Know all people by these presents that A Company, a corporation created and existing under the laws of the state of _________, for the consideration of $_____[or as the case may be] paid by B Company, the receipt of which is acknowledged, does sell and transfer to B Company, its successors and assigns, all stock in trade, fixtures and personal property now owned by A Company, including _________ and the goodwill of A Company in connection with the business of A Company, and all contracts, excepting outstanding book accounts, bills receivable and claims for money. To have and to hold to the B Company, its successors and assigns, forever. A Company covenants with B Company, its successors and assigns, that A Company is the lawful owner of the above-described property and has good right to sell it, and that the property is free and clear from all incumbrances whatever, and will warrant and defend it against all lawful claims and demands whatever. In witness of these things, the name of _________ company is subscribed and its corporate seal affixed by its president and secretary at _________, _________[date]. [Signatures, etc.]

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