Agreement with Ovid Pinney and Stephen Phillips, 14 March 1837

  • Source Note
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part the Sum of Forty Thousand Dollars if we receive the Same either in paper we receive or Their own Bills or Current Money of the State of or , and we do further agree if the Bills are got in Circulation and the same or any of them are returned and redeemed by the first party on being notified by the Cashier of the Bank by Letter directed to Beaver Post Office Penn if we have not the Same amt. of their Bills in our possessi[o]n and not our Signature we will immediately Send to him a check on the Branch Bank of the United States at New Brighton to redeem the Same or one on the Branch Bank of Pittsburgh at Beaver
we do further agree that we will on receiving the Bills write one of our names across the face of the Bills or cause Some other person his— whose Signature we will acknowledge as one of ours by which our Bills may at all times be designated.
We do further agree on receiving the next Ten Thousand Dollars if this Can be put into circulation we will make a deposite of Three Thousand Dollars in the Bank of the first party to redeem our Bills when they Come in—
The fir[s]t Ten Thousand Dollars is received and acknowledged on this agreement with the following Signatures one half is Signed by Stephen Phillips or James McConnel and the other half is Signd by Ovid Pinney or AB Hull whose names one of them is on each bill and each mans names & Signature is on this Article.
The interlining on the opposite Side was done before the Signing of this agreement
In Witness whereof we have hereunto Set our hands and Seals the day & year first above written
agent Seal
Ovid Pinney Seal
S Phillips Seal
In Pressce of}
AB Hull
JM Cannel [James McConnel] [p. [2]]
part the Sum of Forty Thousand Dollars if we receive the Same either in paper we receive or Their own Bills or Current Money of the State of or , and we do further agree if the Bills are got in Circulation and the same or any of them are returned and redeemed by the first party on being notified by the Cashier of the Bank by Letter directed to Beaver Post Office Penn if we have not the Same amt. of their Bills in our possession and not our Signature we will immediately Send to him a check on the Branch Bank of the United States at New Brighton to redeem the Same or one on the Branch Bank of Pittsburgh at Beaver
we do further agree that we will on receiving the Bills write one of our names across the face of the Bills or cause Some other person his— whose Signature we will acknowledge as one of ours by which our Bills may at all times be designated.
We do further agree on receiving the next Ten Thousand Dollars if this Can be put into circulation we will make a deposite of Three Thousand Dollars in the Bank of the first party to redeem our Bills when they Come in—
The first Ten Thousand Dollars is received and acknowledged on this agreement with the following Signatures one half is Signed by Stephen Phillips or James McConnel and the other half is Signd by Ovid Pinney or AB Hull whose names one of them is on each bill and each mans name & Signature is on this Article.
The interlining on the opposite Side was done before the Signing of this agreement
In Witness whereof we have hereunto Set our hands and Seals the day & year first above written
agent Seal
Ovid Pinney Seal
S Phillips Seal
In Pressce of}
AB Hull
JM Cannel [James McConnel] [p. [2]]
Page [2]