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lUArticle of lt;'o-Kart nr nth I p.ThH article of agrvwroant made and Mtcnd in* *• | to thM tw*iit)-thuvl day of Knbtuary, A. L- IMA, .v witm — 'h t hat Kit want IV C wdUU, who rw-J «t tho city or Munnn*. lu the auu n! Mleh-**«. and Edward K Potto* and William M Putter. Who n-td* al thccily of Alpena. MiclU-gen. tin lutirby rnUi Into a co-pattnrtahtp lot the pm !**•. uf carrying uu tha twain**# of manufao-Iwntitf Imnbr* and ahtngUia, and procuring theItw « and material therefor.Title pottnoralilp aba 11 W km. an ami do buai-«..«• under th« iiimr and alyl* of W. II A K. «. Pot or hold parlmiahu. aball b.vtu on tba 1*« tit)-third day of February, A. l. !*?•. and continue lot the pctlod of nva yean neat there-aft»r, and the kuuna of aatd |MUtn«rahlp aball carried on at the nit y of .tl|KBnf and on landa r and i*•-eituaUri on Thumb r Bay lliver and lU branch#*, and aii.il nlJirr lamia aa aatd par torn hip mafruui nine lo tunc ailw t or purohaac.Said WJ.IB.K. i-.Htrr are to ba general paIIlien, ami aaid B. 1*. » eiui.U ll la to to I • p.. ial or dormant partner Held W. H A H. K. rotter ah all bar* the aola and eoclaatve manafw HI* III of all th*i buainvaa of aaid co-uarlaankhip. baiil L IV t'aui|.ln*ll •hall not lo ftwwwaibl© orin any »uj liatOv for any of the debt# or oblige-liuuaof Mid parturtwhip beyoml the amount of eupiUl w tin ii lie roottthulM to the parineiwhipaaM tmaa h. tmnaftrr mlt; uiiouM not laaaul Cambull to hind or make liable aaid partnrralop the payment of any debt or liability whatever bat do Miit aet or thiug by which tba oonduct 01 l*ina| liability of amd fiartnmhip will be inter ferial with or flard or viuuynli nor contract any obligation# ill the name of aaid Brtn.1 to en|rifa) Block of aaid ro-pnrtner*hip uf tiie bind*, building*, I. i?ooda and rbaltela, i ami rrvdtta belonging to the Ial# firm of t ampbrll, lVMb.r A Company. «ituatel In tke niv and opdr-| ty of A11*. ii,i, and in the mu Ultra of Aimoi aod Meulmorrncy. in the .State of Mnhigau Tha _ fair cnali value of tha aforementioned property ta one hundred and twenty thouaand dollar*. Of the above nameil property William M. Totmr ow»a on. -third, which ia Worth in eoah the antn of for-t ty ihooaand ihdhin. which to- ontnbuto* t« the aaaela and nntdtal of aalil nt-partnership. Of the ft ats.ie nxOKiI property Kdward K I'ottrr own# -tluid which ia worth in enah tha sum of forty - 1 I liuu aa ml dollar*, aud which he hereby ouulrib-utve to th« iiaaat* ami capital of aanl co-partner-H ahip. uikI of the aUm named pn. petty Edward . P t omphell own* one-third, which ia worth in 1 mab the «uiu »t forty lltouaand dollar* which rwtiti laeeta and capita! ot aaid lt;o-Crtn.nd.lp, on the icrma and cuudltuwia herein-hue Mat'd. The ewid interval and property of •aid L. I’. • ampWII, in aanl lt;a-purtn' rahip, ia en-, . uiuUnd by umrtyratfe to the eatrnt of eighteen • thouaand d-dUr*. which rncuiubmnre aaid K. P. C.uipU II In to mum' to be rmiuecd, end leaving In* *.id nnc-third Intrreet in aanl co-partner ahip unencumbered.rile Ihrtw pavtire to thiv awnamrtit ahall •harep.|0ally .lid dike III the ml profile of aaid boat m -•; that i« t« *.*y, eooh alinll tw cntilied to one-thud. I'-urh of •:»•'! partner* ahall be liable to pay • ii.'-third of the dcbla and akpenvea of aaid I ii11!• rlt;diip bumii.pf.uid.il, however, that •aid • iinijdv.l *hnll be liable to the e*tent and vtiliic uf hi* *ald inliTMt and (onlribntion aa (he • une Would la* after eakl ni.uiiibrancr ia racnor. rd, and no farllie r.,\t Ihlt;* .nd ..f each year, the! Is to aay, on the Bn.i d tr of January, A- 1. I#**, and on tho flr*t day of January eiM'h wear thereafter, a balance •heet almQ bo made by the pciwua then keeping the l««ik« of Mtrvuint of ihiiI M-p «rtn. tahip, and a tMlanecuf iwvifli or K«m ahall ilwn b« declared and ip|mil|nnel am.mr the thm- par lira lot Ida. m- nt in ■nwnlam* with iheir nwfieetive intereeta am! a genual « v.uniing among part nr* ahall then bo had.The Kak* of *eeonn! and all property *nlt;1 Ihuitfa Wlonipiig or appertaining to iliia co-part* nerahin, ah«ll l«e open to the emamlnation of any and all the parties to thia contract at all time*. It la turlln r airr.'.-l that the aaid B. K Potttf and W. II. I'otter ahall ilertde their time and rtf rtgiea 10 th,« rarrful ami efficient prosecution of tin* buaineaa hefrln oint«mplatc«l. and they ahallmb robn no annual lt;vm|e'nanlbn of one thou-aniKl dollar* out of the Imtda belonging to aalil r»».p«itn. r-bvp.lu witneav whereof th* aahl partie* hare h*r*-nnto m i then hatnU the year and day drvt abov* written.B. P. CAM PR BIX,W n. POTTK11,B. K. PoTTEItAlpena ronntp—m.I hrtrby dealKiiata th# Ai.piua Wbilt Anora and Alja’iia ('ounlv Pc.nmr. two newa|ia|irraEiini. d and pul.llalted in aaid county of Alprna. »r II... |.uhUrnlllt;« of tht: f.-r.Mtnns Mid anrirani atticlaa uf eo.portncrahip. nlttdavit and certificate, ’»*•v.rdiiic to tie atatu'.e In auih caaa mado andprov Id. d.I».».d February ?i.l. |k:gJIL'aO W. If JOII N'dOJf, County Clerk.Dissolution of C'o-Kurtiiormhtp.Noti/v u hereby ulrcn Uuit the co-pnr1rr*hip h rvlufotw eviatueg under the nauift of ( ampbeif, Putter A t o, ami «lofn» bu.ine** at Alpena, Xtchhiun. i* thia day diaaidved by mutual con-■•i.t. All mviiiiuta to ami with the late Him of Ciuipu 11, Pott -r 6c t’o., mid all debt# due tn aaid him. or from aaid Him, are to he nettled with W. U. A k.. K Potter.p.. r. rAMrnn.tsW. II POTTKH.K. K POTTKIt Dale.! «t Alpena, February SAd, Jllwh
Newspaper Details
Alpena Weekly Argus
Alpena, Michigan, US
Wed, Mar 20, 1878
Page 4
Full Page
Clipped by
Jennifer C.
NA, 31 Dec 2023
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