Document Exb1mZazBqY0oDjxnQjOz4L5b
(I PLAINTIFF'S s EXHIBIT
CLOSING STATEMENT (Cut-Off Date - February 8, 1964)
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SELLER:
Mundet Cork Corporation, A Division of Crown Cork & Seal Company, Inc. 9300 Ashton Road Philadelphia 36, Penna,
BUYER: Baldwin-Ehret-Hill, Inc. 500 Breunig Avenue Trenton, New Jersey
BASIC PURCHASE PRICE (including plant machinery and equipment, trade names , trademarks , and negative covenants) INVENTORIES:
Schedule 1 Finished goods - work in process Seller's manufacturing cost or contract cost, less 15%, whichever is lower
Schedule 2 Costs on contracts in progress' From 2/1 to 2/8/64
Schedule 3 Costs on contracts in progress From inception to 1/31/64 (no progress billing made)
Schedule 4 Raw materials and useable purchased materials at Seller's purchase price
DUE SELLER $ 500,000.00
317,198.45 206,724.78
SI ,409.92
522,622.05
DUS BUYER 1 |
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,
ACCOUNTS RECEIVABLE: Schedulo 5
Less payments 2/9 to 2/24/64
1,924,657.21
' $ 295,153 .u4
Schedule 6 BRANCH OFFICE EQUIPMENT, FURNITURE, FIXTURES & SMALL_TQOLS:
Schedule 7 PRORATION OF FEBRUARY RENT AMD DEPOSITS GN LEASES:
35,600.00 B .760.02
j 1_______________________ 1
TOTALS Less: Amount due Buyer
NET AMOUNT DUE SELLER
EXHIBIT "jy
$3,576,972.43 295,153.64
$3,281,818.79
$ 295,153.64 ni O
State ofNew York "1 Department of State S
1 hereby certify that the annexed copy has been compared with the original document in the custody of the Secretary of State and that the same is a true copy of said original.
AUG ! 1 1989Witness my hand and seal of the Department of State on
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DOS-1266 (5/96)
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