Alachua County Clerk of the Court Seal Alachua County Clerk of the Court
J.K. "Jess" Irby, Esq. - Clerk of the Court
Historical Records
Deed Record H
Previous Page
Book Cover
Page 031 Image
Historical Records
Next Page
Deed Record H Page 031
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                be withdrawn by either of the partners, without previous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
Transcribed by Andrew West 21 August 2016
Previous Page
Book Cover
Page 031 Image
Historical Records
Next Page