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Shareholders for the Tekoa Medical Foundation, Inc., are seeking any claims to it before they dissolve the group, which was formed in 1968 to build the Tekoa Care Center and Retirement Apartments.
The facility was sold two years ago.
In April, a shareholders' meeting was called to vote on whether to dissolve. A total of 157 people voted to do so, by unanimous count.
“They haven't operated in a couple years and feel it is prudent to dissolve at this time,” said Timothy Esser, attorney for the corporation.
The group has listed a Notice of Dissolution in the Gazette for any claims.
“By taking these steps we will immunize the shareholders from personal liability,” said Esser, “if someone comes out of the woodwork years down the road.”
Articles of Dissolution were filed June 30 with Washington's Secretary of State office. Anyone with a claim against the corporation is asked to write to Dorothy Fletcher, Box 646, Tekoa, WA 99033. Fletcher is the former administrator of the Tekoa Care Center and Retirement Apartments from 1983–2015.
“We're notifying any possible creditors that are left,” said David Fletcher, one of the corporation's directors, and Dorothy's husband.
The Tekoa Medical Foundation, Inc., was formed with members contributing $500 per share. The nursing home was built in 1972.
In 2015, it was sold to a company called Tekoa Operations.
“It was a great success,” said David Fletcher of the Foundation. “It was formed to build the facility, and we're just very happy that it will continue.”
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