| Description | 1. John Dunderdale of Birmingham, gun maker and factor
2. John Mabson of Birmingham, gun maker and factor
3. James Augustus Labron of Birmingham, gun maker and factor
Business: gun makers and factors
Period: 21 years
Terms: John Dunderdale and John Mabson each agree to pay £7,500 for stock by 3 Dec. 1808.
All profits are divided by six, James Augustus Labron taking 1/6 and John Dunderdale and John Mabson dividing the other 5/6 between them. If by 3 Dec. 1813 James Augustus Labron pays £5,000 he will become a full partner and profits will be divided equally John Dunderdale and John Mabson may withdraw £500 per annum from the profits. James Augustus Labron may withdraw £200 per annum until he becomes a full partner, then he may withdraw £500.
Trading name: Dunderdale, Mabson and Labron. |