HN10/274/Tanqueray14

Draft Memorandum of Articles of Partnership Parties: Charles Dymoke Green, Charles Waugh Tanqueray and William Henry Tanqueray to continue the business of Charles Tanqueray & Company at distillery in Vine Street, Bloomsbury 1. Free and leasehold property belonging to firm to be conveyed to partners in trust; 2. Capital invested should be £7,500 per share making £90,000, the value of each share to be £3,375 divided as follows: 7 for CDT and 2 1/2 each for CWT and WHT; 3. CDG entitled to bring one of his sons into the firm and transfer to him up to 1 1/2 shares of his 7; 4. If CDG died before his son became a partner the son would be entitled to purchase 3 of CDG's 7 shares giving CWT and WHT the option of purchasing the remaining 4; 5. If CWT or WHT died before CDG's son had become a partner CDG to have option to purchase 1 1/2 shares and the surviving partner the other 1; 6. On CDG's son entering the firm a fresh arrangement should be made as to division of shares on death; 7. On death of a partner the survivors to carry on the business without executors interfering until the end of the current year when the surviving partners should transfer into executors' names the deceased partner's portion of the year's profits together with capital and value of shares; 8. Executors of deceased partner or a partner retiring should not draw out more than £5,000 in any one year (exclusive of interest) and have given twelve months notice of the desire to do so; 9. No partner to draw from his profits more than £500 in any one year until his capital in the concern was fully paid up Notes on back regarding George Dymoke Green's becoming a partner

1888

From: 1888 To: 1888

item

Charles Tanqueray & Company,
Green, Charles Dymoke,
Tanqueray, Charles Waugh,
Tanqueray, William Henry,
Green, George Dymoke

Charles Tanqueray & Company, Bloomsbury Vine Street