1. The defendant shall be the plaintiff.

(a) Transfer on January 1, 1992 of each land listed in Schedule 1 to Schedule 3.

1. Basic facts

A. Around October 5, 1923, the Plaintiff’s status building-building association was established pursuant to the former shipbuilding and repair association’s Decree (amended by Presidential Decree No. 2, July 21, 1917) around October 5, 1943, respectively, around October 21, 1962.

After that, on March 31, 1954, the red acquisition cooperative was merged with the red acquisition cooperative, and on December 4, 1961, the red acquisition cooperative was merged with the red repair cooperative.

Pursuant to Article 6 of the Addenda of the former Land Improvement Project Act (amended by Act No. 948 of Dec. 31, 1961 and repealed by Act No. 2199 of Jan. 12, 1970), the name was changed to the Hongsung Land Improvement Association. The name was changed to the Hongsung Land Improvement Association pursuant to Article 3 of the Addenda of the former Rural Community Modernization Promotion Act (amended by Act No. 2199 of Jan. 12, 1970 and enacted by Act No. 5077 of Dec. 29, 1995; hereinafter referred to as the "former Rural Community Modernization Promotion Act").

On July 2, 1990, the Agricultural Promotion Corporation dissolved pursuant to Article 7 (4) of the Addenda of the former Agricultural and Fishing Villages Promotion Corporation and Farmland Management Fund Act (amended by Act No. 4229 of Apr. 7, 1990), and the Agricultural Promotion Corporation established on the same day comprehensively succeeds to the rights and obligations of the Agricultural Promotion Corporation pursuant to Article 3 (1) of the Addenda of the same Act.

The Rural Development Corporation and the Red Farmland Improvement Association shall be dissolved by the enforcement of the former Agricultural and Rural Infrastructure Corporation and Farmland Management Fund Act (amended by Act No. 5759, Feb. 5, 1999); and on January 1, 200, the Korea Agricultural and Rural Infrastructure Corporation succeeded to the rights and obligations of the Hong Farmland Improvement Association under Article 9 of the Addenda to the said Act.

Under Article 3 of the Addenda to the former Korea Rural Community Corporation and Farmland Management Fund Act (amended by Act No. 7775 of Dec. 29, 2005), the name was changed to the Korea Rural Community Corporation on December 29, 2005, and the name was changed to the Korea Rural Community Corporation on December 29, 2008, under Article 3 of the Addenda to the former Korea Rural Community Corporation and Farmland Management Fund (amended by Act No. 9276 of Dec. 29, 2008).