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HomeMy WebLinkAbout961392IN RE: RECEIVED 10/14/2011 at 10:E RECEIVING 961392 BOOK: 774 PAGE: 422 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY WRIGHT CHILDREN TRUST Page 1 of 2 NO. 09-2603-C ORDER 1. The Court has jurisdiction and venue in this proceeding. �...;-4 C CLERK 241 BY IN TI4 fi3. A A NOV 9 3:B OF SMITH COUNTY, TEXAS 241 JUDICIAL DISTRICT On this date was heard the above entitled and numbered cause in which Bradley Sloan Wright applied for the appointment of a successor trustee and approval of the final distribution of property from the Wright Children Trust, dated July 23, 1970 "Trust The Court has determined that all necessary parties have had proper notice of this cause of action, considered the evidence on the matters contained in the Application, and hereby finds that: 2. All necessary parties to this proceeding have given their written consent to this Order. 3. All unborn and unascertained contingent beneficiaries of the Trust are hound by this proceeding because their interests are substantially identical to and adequately represented by the beneficiaries designated by name in the Trust. 4. The Trust terminated according to its terms on August 6, 1977 when the youngest named beneficiary attained the age of 21 years, but certain assets including numerous small oil and gas interests and cash of approximately $20,000 are still held in the name of the Trust. 5. It is necessary that a successor trustee of the Trust be appointed in order to make a final distribution of the remaining property of the Trust to the beneficiaries of the Trust. 6. Upon termination of the Trust, the Trust provides for the distribution of all remaining property of the Trust equally to those then living of Arthur Lawrence Wright, Amy Lucile Wright and Bradley Sloan Wright. 7. Arthur Lawrence Wright was living on the date that the Trust terminated, but he is now deceased. He died testate, and his wife, Deborah D. Gordon, was appointed independent executor of his estate. 000422 CEk I LFIED TO BE A TRUE AND CORRECT COPY FILED IN THE SMITH COUNTY DISTRICT CLERK'S OFFICE 000423 STATE OF TEXAS COUNTY OF SMITH ois Rogers. District ,Cierk of Smith County, Texas, t (1t)iy thai tilt; ;•:)rcgoing is a true and correct copy .i• ..1 ri I o' n my lawful custody and possess c rccorc' 01 Page office. i Lea, of ;Trice on this date: q Olt( ois Rogc; Ck! k Smith Cuunty, Texas By: Dep. r Therefore, it is ordered, adjudged and decreed that: A. The Court appoints Brad Sloan Wright as successor trustee of the Trust, without bond, without responsibility for the acts or omissions of any prior trustee, and without liability for carrying out the instructions of the Court. B. The Court orders the costs of this proceeding and all other reasonable expenses of the Trust be paid by the Trust prior to distribution of its remaining assets. C. The Court approves distribution of the remaining assets of the Trust, after expenses, as follows: (1) One -third to Deborah D. Gordon as independent executor of the Estate of Arthur Lawrence Wright. (2) One -third to Amy Lucile Wright. (3) One-third to Bradley Sloan Wright. Signed on this date of 7c do9 APPROVED: Bradley SI.:n Wright Amy L ile Wright Deborah D. Gordon, Independent Executor of the Estate of Arthur Lawrence Wright Page 2 of 2 000424 Presidin P� CERTIFIED BEATRUE AND CORRECT COPY FILED IN TFIE SMITH COUNTY DISTRICT CLERK'S OFFICE 000425 OF TEXAS COUNTY OF SMITH Rog(:rs, District Clerk of Smith County, Texas, d that the roregoing is a true and correct copy !fl it. no\ in my lawful custody and possessi 1 Page 0, n. iny office. y ;Ind seal ofoffice on thisdate: s Ro6i:rs, Distract Clerk Smith County, Texas 13y: Depu„