X106/353

Letter (3 sheets) from H Nelson Tebbs to W Hipwell Sketched out new agreement expressed difficulty in understanding provision on dealing with partnership on death of partner suggests revoking Clauses 11 and 12 of agreement but keep Clause 3 and new clause:- 1) Each party under Clause 3 rights to terminate business. 2) Survivor power to purchase in event of either party giving notice. 3) Price to be paid amount of assets less liabilities ascertained by valuation. 4) Are executors to be allowed to give notice before 3 years limit up 5) Provision should be made for winding up by sale if not purchased by surviving partner

29 Mar 1921

From: 1921 To: 1921

item

Hipwell, W (d),
Tebbs, Henry Nelson

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