THE CENTURY BOOK OF FACTS. 



First. The style of the said copartnership 



shall be ' ' and company ' ' ; and it shall 



continue for the term of years from the 



above date, except in case of the death of 

 either of the said parties within the said term. 



Second, The said A. B. and C. D. are the 

 proprietors of the stock, a schedule of which is 

 contained in their stock book, in the propor- 

 tion of two thirds to the said A. B., and of 

 one third to the said C. D. ; and the said 

 parties shall continue to be owners of their 

 joint stock in the same proportions ; and in 

 case of any addition being made to the same 

 by mutual consent, the said A. B. shall ad- 

 vance two thirds, and the said C. D. one third 

 of the cost thereof. 



Third. All profits which may accrue to the 

 said partnership shall be divided, and all losses 

 happening to the said firm, whether from bad 

 debts, depreciation of goods, or any other 

 cause or accident, and all expenses of the busi- 

 ness, shall be borne by the said parties in the 

 aforesaid proportions of their interest in the 

 said stock. 



Fourth. The said C. D. shall devote and 

 give all his time and attention to the business 

 of the said firm as a salesman, and generally 

 to the care and superintendence of the store ; 

 and the said A. B. shall devote so much of his 

 time as may be requisite, irf advising, over- 

 seeing, and directing the importation of books 

 and other articles necessary to the said busi- 

 ness. 



Fifth. All the purchases, sales, transactions, 

 and accounts of the said firm shall be kept in 

 regular books, which shall be always open to 

 the inspection of both parties and their legal 

 representatives respectively. An account of 

 stock shall be taken, and an account between 

 the said parties shall be settled, as often as once 

 in every year, and as much oftener as either 

 partner may desire and in writing request. 



Sixth. Neither of the said parties shall sub- 

 cribe any bond, sign or indorse any note of 

 hand, accept, sign, or indorse any draft or bill 

 of exchange, or assume any other liability, 

 verbal or written, either in his own name or 

 in the name of the firm, for the accommoda- 

 tion of any other person or persons whatso- 

 ever, without the consent in writing of the 

 other party ; nor shall either party lend any of 

 the funds of the copartnership without such 

 consent of the other partner. 



Seventh. No importation, or large purchase 

 of books or other things, shall be made, nor 

 any transaction out of the usual course of the 

 retail business shall be undertaken by either 

 of the partners, without previous consultation 

 with, and the approbation of, the other 

 partner. 



Eighth. Neither party shall withdraw 

 from the joint stock, at any time, more than 

 his share of the profits of the business then 

 earned, nor shall either party be entitled to 

 interest on his share of the capital ; but if, at 

 the expiration of the year, a balance of profits 

 be found due to either partner, he shall be at 

 liberty to withdraw the said balance, or to 

 leave it in the business, provided the other 

 partner consent thereto, and in that case he 

 shall be allowed interest on the said bal- 

 ance. 



Ninth. At the expiration of the aforesaid 

 term, or earlier dissolution of this copartner- 

 ship, if the said parties or their legal repre- 

 sentatives cannot agree in the division of the 

 stock then on hand, the whole copartnership 

 effects, except the debts due to the firm, shall be 

 sold at public auction, at which both parties 

 shall be at liberty to bid and purchase like 

 other individuals, and the proceeds shall be 

 divided, afterpayment of the debts of the firm, 

 in the proportions aforesaid. 



Tenth. For the purpose of securing the per- 

 formance of the foregoing agreements, it is 

 agreed that either party, in case of any viola- 

 tion of them or either of them by the other, 

 shall have the right to dissolve this copartner- 

 ship forthwith, on his becoming informed of 

 such violation. 



In witness whereof, we have hereunto set 

 our hands and seals, the day and year first 

 above written. 

 Sealed and delivered ^ 



in presence of ( A. B. [L. s.] 



JOHN SMITH, C. D. [L. s.] 



FRANK ROBINSON. J 



Agreement to Continue the Partnership ; to be 

 Indorsed on the Back of the Original Articles 

 Whereas, the partnership evidenced by the 

 within-written articles has this day expired by 

 the limitations contained therein [or, will ex- 

 pire on the day of next], it is hereby 



agreed, that the same shall be continued on 

 the same terms, and with all the provisions 

 and restrictions therein contained, for the 



further term of years from this date [or 



from the day of next]. 



In witness, &c. [as in General Form]. 



Assignment of a Lease. Know all 

 men by these presents, that I, the within- 

 named A. B., the lessee, for and in considera- 

 tion of the sum of one thousand dollars, to me 

 in hand paid by C. D., of, &c., at and' before 

 the sealing and delivery hereof (the receipt 

 whereof I do hereby acknowledge V, have 

 granted, assigned, and set over, and by these 

 presents do grant, assign, and set over, unto 

 the said C. D., his executors, administrators, 

 and assigns the within indenture of lease, and 



