NOTICE OF CREDITORS-PARTIAL PAYMENT

 

       Date:

  

        To:

 
 

                1.  On _________,19__, a bulk transfer of the goods

        of _______________,of _________________, will be made to

        _____________, of ____________________.

 

                2.  To the knowledge of the transferor, it has not done

        business under any other name during the last three years.

 

                3.  The debts of the transferor may not be paid in full

        as they fall due as a part of this bulk transfer.

 

                4.  The goods to be transferred in bulk consist of

        ________________ and are presently located at ________________.

 

                5.  The estimated total of the debts of transferor, is

        $__________.

 

                6.  The schedule of the transferor's property and the

        list of his creditors as required by the Uniform Commercial Code

        in connection with this bulk transfer may be inspected at

        _________________.

 

                7.  The bulk transfer contemplated is required to pay

        existing debts.  The existing debts of transferor total and

        consist of the following:

 

 

                Name of Creditor                   Amount

 

        1.  _____________________                  __________________

 

        2.  _____________________                  __________________

 

        3.  _____________________                  __________________

 

                8.  The bulk transfer contemplated is made for a new

        consideration.  ______________________ of _______________ to be

        paid on _______________, at ____________, at _______________.

 

                9.  Creditors are directed to send all bills and claims

        to the following:

        ___________________________________________________________

 

 

                                        _______________________________

                                        (Signature)