The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-05-30
ADVERTISEMENT.
Il

lADvERTISEMENT.
INDIA RUBBER SHOES.
The manufacture of this article has reached q
number of millions in value yearly. The first cost
to manufacture ladies' shoes is about y cents Der
pair, and the retail price is one dollar. The first
cost of those for mems wear is from 33 to 80 cents
per pair, and the retail price about one and quar-.
ter to one and o half dollars per pair. The daily
product in the United States is over Is 900 pair
The process by which these shoes are made has thus
tar been kept secret. This art is of great value
and Importance, and has not yet been discovered
in Europe. The following agreement by which
the manufacturers are leagued together, will show
the terms 1t seems all rubber goods, by whatever
process made, are to be considered by the parties
TO this contract as made under Goodyear's patents
and the makers are to prosecute through the
courts Of highest resort and have all the damages
which they may recover, and defray all the ex-
penses. Mr.. Goodyear grants the use Of his name,
whenever desired by those who have entered into
the arrangement. The profits on this business will
reach almost two millions of dollars, this year, and
the present manufactures cannot supply the de-
mand Shoes which weigh nine ounces per pair, have
only about three and half ounces Of rubber, the
other materials being worth only from one to six
cents per pound One girl can make from twenty
to thirty pair per day, for which her wages two
to three cents per pair: The expense OF curing or
dollars.
THE BOND OF INDIA RUsBER MANUFACTURERS.
From Certified Copy from PateM Office.
lNpENTURE OF assignment and agreement made
this first day Of July, lSis by and between Charles
Goodyear, of the one part, and Leverett Candee as
general partner in special partnership, located at
New Haven, in the State of Connecticut, and doing
business under the name and firm Of 'Leverett
Candee"-the Hayward Rubber Company, so called,
being manufacturing company, incorporated by
the laws Of the State Of Connecticut-''the Newark
India Rubber Company" located Mt Newark N
j. being company duly Incorporated by the laws
Of the State of New Jersey, and 'Ford & Co.," Of
New Brunswick, N. j., of the second part
Witnesseth, That |, the said Charles Goodyear
the party hereto Of the first part, for the consider.
alton and on the terms herein mentioned, do bar
gain, sell, alien, assign, and make over, and con-
yey, to the said parties of the second part the sole
and exclusive tight to use all my preparations of
India rubber, and all my improvements in the pre-
parations and use Of India rubber in the manufac-
ture of boots and shoes of all kinds and, also, all
preparations and improvements in the preparation
OF India rubber, in which |, the said Goodyear,
have, or may have, any interest by contract, as
signment, otherwise, so that they, the said
parties, shall have the sole and lusive in the
shoe business as aforesaid Of all my improvements
patented or to be patented, made or to be made
and patented and whether patented or not for
and during the unexpired term or terms of my
said patents, and of all patents issued, or which
may be issued to me, bearing any date Whist
ever, and Of all or any renewals thereof,
or Of any Of them, and of all which may be issued
TO any other person or persons for improvement
made by me, and for and during the unexpired term
OF any patents or renewals of patents owned by me-
or which may hereafter be owned by me- or in which
have or may have any interest," issued or hereafter
to be issued, embracing herein all future improve
ments and preparations Of India rubber of every
description, whether patented not SO far as the
same are or may be applicable to the manufacture
OF boots or shoes or may can be used therein;
and, also, all tariffs, benefits advantages reserved
covenanted or secured to me by, in, or under any
licenses or agreements for the use of such improve
ments in the manufacture of boots or Shoes given
or made to or with any person persons, com pany
or companies, whomsoever-all such licenses and
agreements are hereby assigned to the said parties
hereto; and said Goodyear covenants that he will
dc nothing 10 prevent, modest, or hinder or deprive
the said parties Of the second part of the full enjoy
ment % the same.
Anc I; Is further covenanted and agreed, that the
said parties Of the second part will do all that may
be proper and necessary to sustain said patents ana
defend the same against piracies and infrngements
which Is TO be done at their expense; and they are
to pay the costs and have the avails of al suits
which they may commerce in my name or other.
wise; and liberty and authority is hereby given to
use my name in all cases where il may be desired by
counsel-S. L. Staples, or VIM. Judson-necessary
or proper the said parties Of the second part saving
me from all costs. In consideration Of the premises
the said parties Of the second part agree 60 paw said
Goodyear the sum of ten thousand dollars in cash. or
notes m ade equal TO cash, and also to pay said
Goodyear during the continuance Of this agree ment
one half cent, five mills, on each pair OF boots or
shoes which may hereafter be tured by them
or any one under them.
nder this agreement, and so long a. said patents
snail continue or be continued In force, by renewal
extension, OF otherwise, until said patents are
set aside by the Courts of the United states in the
last resort, and 50 long as this agreement remains
IN toIce all the shoe business ia which India Rubber
IS used, as component part thereof shall be
deemed and taken to be carried under this agree
ment and license.
Further. said Goodyear agrees to do all that may
be legal or proper, By aud with the advice Of his
COUNSEL 70 amend II necessary, any Of his said pa
tents, and to secure more perfectly any of his said
improvements, 30 that said grantees aud licenses
shall have rs far possible the sole and exclusive
use Of said Improvements for the shoe business as
aforesaid.
And said Goodyear further agrees to make any
other and more formal instruments deemed adyi-
sable by counsel to carry out this memorandum of
an agreements The term "my improvements"
as used Ia this agreement, IL TO extend to all inn
proyements and patents In which am or may be.
come interested. Said licenses are 10 stamp all
goods, by them made and sold, "Goodyear's
Patent"
And il il further agreed, that If there should be
any surplus OF the hiteen per cent provided and set
apart for certain purposes, by an agreement with
said staples and Judson, after satisfying said pur
roscs then said parties hereto Of the second part
shall have the benefit Of IL towards aiding them in
the expenses they may be at in prosecuting the
suits herein contemplated. So far as the same may
60 but all other expenses they 10 bear, ia any
event, without recourse to said Goodyear.
In witness whereof the parties have executed
these presents this first day Of July, one thousand
eight hundred and forty-eight.
CHARLES GOODYEAR. TL.S1
l.EyEEErr CANDEE, It's