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J. & E. Stevens Co. Eagle Bank aka Eagle and Eaglets Bank
Agreement with Charles M. Henn    1883

 
Agreement by and between Charles M. Henn of Chicago Illinois of the first part and The J. & E. Stevens Co. of Cromwell, Connecticut of the second part.
     Said Charles M. Henn being the owner of a certain invention known as Eagle Bank for which application for letters patent was filed Sept 29, 1882 and claim allowed Jan 23, 1883. hereby agrees to lease to the said J. & E. Stevens Co. on account of the consideration herein after his entire interest in the said invention for the term of 15 years from the date of the said patent.
     Said The J. & E. Stevens Co. hereby agree to pay to said Charles M. Henn as royalty for the use of the said invention the sum of forty five cents for each dozen of the toys by them manufactured and sold returns to be made January 1st and July 1st semi-annually. They further agree to use their best efforts to extend the sale of the said toys and if requested to exhibit to the inspection of said Charles M. Henn their books containing the record of such sales.
     It is further agreed that should the said The J. & E. Stevens Co. at any time persistently fail to comply with the conditions of this contract all rights under the said patent shall revert to the said Charles M. Henn.
          Charles M. Henn
In the presence of John D. Quinton
                            The J. & E. Stevens Co.


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