HF41/2/5/2

Draft Instructions to Counsel regarding partnership deed

Copies on brief 14 June 1880

From: 1880 To: 1880

Hugh Edward and George Walter Powers take residue after Trustees have provided for £24,000. George Walter Powers to leave his share in the business and receive a bond for payment by his partners with 7½% interest. Not to be called in without notice unless interest is in arrears. Hugh to leave money in and receive 5%. Mills and bakehouses to be let to firm on proper agreements for keeping them in repair and fixtures etc. in mills. Hugh Edward and Edmund Frederick Powers to be the firm with equal profits. Edmund Frederick brings in no capital but if does so entitled to 5%. clause after expiry of partnership; Edmund Frederick not to buy or sell linseed or cottonseed cake or oil or act in business of cake merchant or oil crusher for 12 months marked “No.2” copies on brief 14 June 1880

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Hooper & Fletcher,
Powers, Hugh Edward,
Powers, George Walter,
Powers, Edmund Frederick

Hooper & Fletcher, legal process, business, trustees, bonds, private finance, MILLS, bakehouses, covenants, linseed, cotton, oil, cake merchant