True American. [volume] (New Orleans [La.]) 1835-18??, 1838-09-01
UNITED STATES ASPEIAI.TE OF SEYSSET
COMPANY

E tract from the minutes OF a mac,inp of the Di
rectors held in Lon on, on the oh July, 1895.
Resolved, That Mr.. and, the engineer nf
companv, be authorised In sell and assign to any
party or parties in the United Sates, or TO nnv
company to be established in the city of PhiladeI-
pha, The sole and exclusive privilege and uncnt-
,rol'ed patent right now vested in this con, pa nv,
for the use within the boundaries Of the state oi
pennsylvania. of the asphalte rock from the mines
OF Seysscl, in Pyrimont
That this rock company will engage to furnish
to The Philadelphia company, or t." such party, or
parties to whom the privilege or right set forth in
the preceding article, NAV he assigned, with the
Asphatc rock on conditions similar 10 those spe-
cihed in their own contract with Mesrs. Cognet
& Co. viz:
The Unltcd States Asphalle of seyssel Co. will
engnge TO furnish during anv year, double the
Quantities which the said parties or company will
at the commencement OF the year bind and engage
themselves to take.
That the price ofthe Asphalte.. rock shall be from
As to so francs per ton, delivered Mt Marseilles
If delivered at Phade phia, the charges of frelgh,
and other attendant expenses are to be added: but
that this company are not DESTROYS of engaging to
deliver the rock at any port in the United States,
and would prefer the contract to be limited to the
delivery at Marseies.
That the payment of the purchase money be
made by ns'alments, as follows: One half the
purchase money 10 he paid on the signature of the
IohtihC's lne remaining nalI 10 DC paid bV equal
ins,am'ns in bills Of six and twelve months from
date. That whenever the sait parties or GONNA.
ny in Pennsylvania shall require any supply of
Asphalte rock, their orders for the same on this
company in London, shall be accompanied nv
good bills for one half ofthe amount, and that Tho
remainder be paid for in bills not exceeding sixty
DAYS, to run from the date ofdelivery.
That the contracting parties In Pennsylvania
shall give notice OF the quantity they engage TO
take within the respective years, in the following
manner: For the year commencing the 5rh of A.
pri, 1888, and ending on the 9Th Of April. 1870
such notice to he given on before the ia, dav
ot December, 1888. For each and every following
year, such notice to be given on or before the 5,b
day OF October in each year.
That all pieces OF Asphal,e which m az be laid
down as proof pieces must be paid for, if approved.
within period not to exceed six months.
That Mr.. Strickland be authorized to form sim
liar contracts for the states of New York, Mary.
land, Massachusetts, Virginia, North Carolina.
South Carolina, Georgia, Louisiana and Ken
lucky.
mr.. Strickland announces to the public of Phila-
dephia, that 100 tons Of Asphalte rock il now on
the way from Havre TO New York, and TINT nil
the necessary tools and Implements for working
this ateral will arrive in Philadelphia in the course
OF few weeks, and that office md depot is fit.
ting up IN Union street, between Front and Sec
ond street, Tor the purpose of preparing and exhb-
lung specimens OF its character and utility.