  We investigate theoretically charge ordered states on the anisotropic
triangular lattice characteristic of the theta-(BEDT-TTF)_2 X materials. Using
exact diagonalization studies, we establish that the charge order (CO) pattern
corresponds to a ``horizontal'' stripe structure, with ...1100... CO along the
two directions with larger electron hopping (p-directions), and ...1010... CO
along the third direction (c-direction). The CO is accompanied by co-operative
bond dimerizations along all three directions in the highest spin state. In the
lowest spin state bonds along the p-directions are tetramerized. Our theory
explains the occurence of a charge-induced high temperature transition as well
as a spin gap transition at lower temperature.
