| Description | 1. Benjamin Stokes of London, merchant
2. Harry Hunt of Birmingham, merchant
Business: Merchants
Period: 21 years
Terms: Benjamin Stokes will pay £3,000 and Harry Hunt will pay £2,000. Each will receive £5 per cent per annum interest from the profits. Harry Hunt will receive 1/5 of the profits until he pays a further £1,000 at which point he will receive ¼. Benjamin Stokes will receive the rest. Benjamin Stokes may withdraw £1,400 per annum £10.10s per week. Harry Hunt may withdraw £700 per annum £5.5s per week.
Trading name: Stokes and Hunt. |