No. 124.] 
25 
At the same time atlvising Mr. Pea?e that we considered all con- 
tracts as to wood engravings at an end, and that if hereafter required, 
they must be the subject of specific agreement. 
Mr. James Duthie of the firm of Gavit & Duthie, presented to us 
the following copy of an agreement between himself and Mr. Gavit: 
Agreement made this twenty-second day of November, in the year 
1849, between John E. Gavit of the c ty and county of Albany, of 
the first part and James Duthie of the same place, of the second 
part as follows, viz : The said party of the second part in consi- 
deration of the sum of two hundred and fifty dollars to him in hand 
by said party of the first party, hereby sells, assigns, transfers 
and sets over unto the said party of the first part, all and singular the 
right, title and interest of the said party of the second part, of, in and 
to all the property and effects of every description belonging to the 
late firm of Gavit & Duthie, this day dissolved, or to the persons 
heretofore composing the said firm, and of, in and to all the debts, 
dues and demands of every name or nature, &c. 
And it is mutually covenanted, promised and agreed by and be- 
tween the parties hereto, that all monies due, or to grow due hereaf- 
ter, upon a certain contract between the parties to these presents, 
then comprising the said firm of Gavit & Duthie, and the State of 
New-York, dated July 27, 1847, shall be disposed of and appropria- 
ted as the same may be from time to time received, between the said 
parties hereto, in the following manner, viz : All such moneys that 
may be due, or that may accrue, upon said contract, for letterings 
printing and paper^ done or furnished in pursuance of the terms there- 
of, shall be received by the said party of the first part, for his own 
use and benefit, and all the moneys that 7iow be due, or may hereafter 
fall due upon such contract lor engraving done in pursuance thereof, 
shall be paid to and received by the said party of the second part for 
his sole use and benefit. But it is nevertheless expressly understood 
and agreed by and between the said parties to these presents, that a 
certain sum now unsettled, claimed by said parties to have become 
due to said firm, upon the said contract on the first day of May 1849, 
amounting to four hundred and twenty dollars shall belong solely to 
said party of the first part, who may collect, adjust or settle the same, 
as he shall think fit, to his own sole use and benefit. And it is fur- 
ther mutually covenanted and agreed by and between said parties, 
that all the foregoing covenants and agreements shall bind and enure 
