Home 

Auction $ 
Sy - Index
Grif - Index
A - Z Index
Scrapbook 
Animations 
Slide Show 
Feedback 
 YouTube \
Puzzles
Foundry 
Search 
Links 

 Join    

 Adv    
What's New 
Web Notes 
 
MBCA
Members
Web
 
A-Z Index  
Date Index 
Conventions 
Scrapbooks   
European Tin 
Videos 
Notes  
 

 

J. & E. Stevens Co. Gymnast Savings Bank
Agreement with Edward L. Morris    February 8, 1883

 
Agreement by and between Edward L. Morris of Boston, Mass., of the first part and The J. & E. Stevens Co., of Cromwell, Conn., of the second part.
     Whereas said Morris is the owner of a certain invention known as the Gymnast Saving Bank, he hereby agrees to patent the same and to lease his patent to the said J. & E. Stevens Co. for the term of five years from the date of this agreement.
     The said J. & E. Stevens Co. agree to use their best efforts to procure an extensive sale for the said invention and to pay to said Morris as royalty upon the same (provided the Patent is obtained) the sum of Thirty-five Cents (35c) per dozen, returns to be made semi-annually, July 1st and Jan 1st.
     It is further agreed that should the said J. & E. Stevens Co. at any time persistently fail to comply with the stipulations above cancel all rights to the said invention shall thereupon revert to said Morris.
          Edward L. Morris.
In presence of
   R. S. Griswold     The J. & E. Stevens Co.
Feby. 8, 1883                   E. S. Coe, Tr


 [ Top] [ Back ] Up ] 1884 Cabin Agreement ]