| Description | 1. Joseph Phipson of Birmingham, button manufacturer
2. Benjamin Doughty of Birmingham, button and military ornament manufacturer
Business: Button Manufacturers and Military Ornament Makers
Period: 14 years 7 year minimum
Terms: Benjamin Doughty to advance his business premises and £1,000 capital. Joseph Phipson to advance four times this much.
Each to receive a share in the profits proportionate to the above plus £5 per cent per annum interest.
Benjamin Doughty to receive an extra £1 per week for 3 years after which this shall cease if Joseph Phipson's son, Edward is brought into the business to help Benjamin Doughty, or if other help is used for Benjamin Doughty.
Trading name: Phipson and Doughty button manufacturers
Doughty and Phipson Military ornament makers
Place: Price Street, Birmingham. |