Laserfiche WebLink
FORM 851 <br /> ATTACHMENT <br /> SOUTHDOWN, INC. AND SUBSIDIARIES (72-0296500) <br /> 1200 SMITH STREET, SUITE 2400 - HOUSTON, TEXAS 77002 <br /> U.S. CORPORATION INCOME TAX RETURN - 1991 <br /> Statement regarding the liquidation of Southwestern Cement Enterprises, Inc. <br /> On April 29, 1991 Southwestern Cement Enterprises, Inc. distributed all of its assets <br /> to Southdown, Inc. in complete liquidation of its stock. The distribution was in <br /> accordance with Section 332 of the Internal Revenue Code and related regulations. <br /> The following information is submitted pursuant to Regulation 1.332-6 (b): <br /> (1) A certified copy of the Certificate of Ownership together with the Plan of <br /> Complete Liquidation and resolutions under which the plan was adopted and <br /> the liquidation authorized is attached. <br /> (2) Statement of costs and fair market value of property received: <br /> Cost FMV <br /> Assets $333,597,983 Unknown <br /> (3) Indebtedness of the liquidating corporation to the recipient corporation: <br /> $20,800,000 <br /> (4) Ownership as of the date of adoption of the plan, up to and including the date <br /> of distribution in liquidation. <br /> Southdown, Inc. owned 100% of the 1,000 shares of common stock of <br /> Southwestern Cement Enterprises, Inc. <br /> Percent of Voting Power 100% <br /> Cost or Basis " <br /> Date Acquired or Formed 11/22/77 <br /> " To Be Calculated <br />