0001109697-17-000005.txt : 20170308 0001109697-17-000005.hdr.sgml : 20170308 20170308184306 ACCESSION NUMBER: 0001109697-17-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160212 FILED AS OF DATE: 20170308 DATE AS OF CHANGE: 20170308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: National Properties Trust CENTRAL INDEX KEY: 0001109697 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 841027606 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 57 WEST 200 SOUTH STREET 2: SUITE 350 CITY: SALT LAKE CITY STATE: UT ZIP: 84101-3663 BUSINESS PHONE: (702) 546-6480 MAIL ADDRESS: STREET 1: 4100 WEST FLAMINGO ROAD STREET 2: SUITE 2750 CITY: LAS VEGAS STATE: NV ZIP: 89103-3949 FORMER COMPANY: FORMER CONFORMED NAME: Osceola Gold Inc. DATE OF NAME CHANGE: 20150608 FORMER COMPANY: FORMER CONFORMED NAME: National Properties Trust DATE OF NAME CHANGE: 20140818 FORMER COMPANY: FORMER CONFORMED NAME: Encounter Development Technologies Inc. DATE OF NAME CHANGE: 20131226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: First Hudson Trust of New York CENTRAL INDEX KEY: 0001294448 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30029 FILM NUMBER: 17676347 BUSINESS ADDRESS: STREET 1: ONE EAST MAIN STREET STREET 2: SUITE 711 CITY: ROCHESTER STATE: NY ZIP: 14614-1880 BUSINESS PHONE: (702) 546-6480 MAIL ADDRESS: STREET 1: 4100 WEST FLAMINGO ROAD STREET 2: SUITE 2750 CITY: LAS VEGAS STATE: NV ZIP: 89103-3949 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2016-02-12 0 0001109697 National Properties Trust ENTI 0001294448 First Hudson Trust of New York 4100 WEST FLAMINGO ROAD SUITE 2750 LAS VEGAS NV 89103-3949 0 0 1 0 Series A Preferred Stock 2016-02-04 2016-02-12 5 S 0 E 25000000 40000 D 0 D The Series A Preferred Stock is the issuer's control stock. On or about February 12, 2016, First Hudson Trust of New York ("First Trust") and Electronic Merchant Systems Rochester, Inc. ("EMSR") sold 50,000,000 shares of the issuer's Series A Preferred Stock (the "Control Stock") to an unrelated third party under the terms and provisions of a stock purchase agreement delivered on the deemed execution date. First Trust and EMSR each owned 25,000,000 shares of the Control Stock. The transaction with the unrelated third party also called for First Trust and EMSR (previously defined in footnote second hereof) to sell their respective interests in another corporation, the shares of which in the other corporation comprised the selling price. The issuer's stock was an added value benefit to that certain stock purchase agreement and represented little, if any, of the sale and purchase price. The purchase price was to have been distributed equally to First Trust and EMSR. First Trust and EMSR (previously defined in footnote second hereof) collectively owned 50,000,000 shares of the issuer's control stock. The reporting person hereunder owned 25,000,000 shares; however, that certain stock purchase agreement called for the sale of the entire 50,000,000 shares of control stock, which included EMSR's holdings in the issuer. Following the disposition of the shares in the issuer, First Trust did not own any shares in the issuer. As a condition of the stock purchase transaction that resulted in the sale of First Trust's shares of Series A Preferred Stock, the reporting person's managing administrative trustee, who also served as the issuer's Chairman, President, and CEO, voluntarily resigned all of the offices and positions he held with the issuer. Randolph S. Hudson, Managing Trustee 2017-03-08