Sixth of either of the said parties, shall Subscribe any bond, sign
or endorse any note of hand, accept, sign or endorse any draft
or bill of exchange, or assume any other bill of execution or assume
any other liability verbal or written, either in his own name or in
the name of the firm, for the accommodations of any other firm
or persons whatsoever, 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
Seventh No pecuniary transactions whatsoever, where the amount of
the money withdrawal exceeds the sum of fifty dollars, shall
be withdrawn by either of the partners, without previous
consultation with, and the affirmation of the other part
-ner and no individual in Separate transactions, business, or
Speculation, whereby his time and attentions may be directed
from the proper and legitimate affairs of the said firm, shall
ever be undertaken by either of the said parties
Eight 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, but at the expiration of one year a balance of
Profits be found due to either partner, he shall be at liberty
to with draw the said balance or to leave it in the business.
Provided the other partner consents thereto, and in that case
he shall be allowed interest on the said balance.
Ninth As the dissolution of this copartnership of the said
parties or their legal representative cannot agree in the
division of the property: real, personal and mixed belonging
to the said firm at that time, the entire copartnership effects,
except the debts due to the said firm, shall be sold at pub
-lic auction at which both parties shall be at liberty to bid
and purchase like other individuals, and the proceeds shall
be divided after payment of the debts of the firm in the
proportions aforesaid, or the division of the said property
may by mutual consent be submitted to arbitration in accordance
-------------- with the Statutes of the State ~ In witness whereof the
Ten Cents U.S.| Said partners have hereunto set their hand and Seals the
R Stamp | day and year herein before written
-------------- Signed, Sealed and } Watson Porter (LS)
delivered in presence of } De Warren Barton (LS)
Arch T. Banks }
Jas R. Townsend }
State of Florida }
Alachua County } This day personally appeared before me
William K. Cessna appeared before Clerk of the Circuit Court
in and for the County & State aforesaid Watson Porter and
De Warren Barton to me well known, who acknowledged that
they Signed, and Sealed the above and foregoing instrument of
writing for the purposes therein Specified wherefore it is prayed that
|