APPENDIX V 



FORM OF AGREEMENT FOR FARMING 

 PARTNERSHIP 



Memorandum of Agreement between AB of 

 on the one part, described as the owner, and CB of 

 described as Manager, on the other part. 



The said CB agrees to act as manager of the Farm for the 

 said AB from the Sixth day of April, 19 to the Sixth day 

 of April, 19 and so on from year to year, unless this 

 agreement be terminated by six months' Notice in writing 

 on either side. 



It is agreed that the said CB shall be remunerated as 

 follows : — 



1. Thirty Shillings per week, being 20s. a week as wage 

 and I OS. as board allowance, together with the use of the 

 farm-house. 



2. A half share in the net profits of the farms as certified 

 by an accountant ; the net profits shall be the excess of the 

 current receipts of the year over the current expenditure, in 

 which shall be included — 



(a) Rent. 



(A) Five per cent on the working capital provided by 



the said AH. 

 (c) All other outgoings whatsoever, including the fixed 



allowance to the said CB. 



3. The first ffio of the net profit and a half share in the 

 remainder in any year in which the jirofits do not exceed 

 /^200 : when the net profit excccd.s £200, then the said CB 

 shall receive a half share as blaicd above. 



^37 



