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Affidavit of No Creditors

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AFFIDAVIT OF NO CREDITORS
State of
City of
In consideration of the terms and covenants of this agreement, and other valuable consideration, the parties agree as follows:
RECITALS
A. Affiant is the owner of the stock of merchandise located at [ADDRESS], [CITY], [STATE], more particularly described as follows: [DESCRIPTION], which Affiant proposes to sell and transfer to Company, of [ADDRESS], [CITY], [STATE].
B. This merchandise is not encumbered.
C. Affiant has no creditors.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written.
COMPANY

 
AFFIANT

 
Stephen Cochran
President
Bruce Jacobs
President


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