Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1851-08-02
Communications.
For the American.
II. B. MAssER, ESQ =,

II. B. MAssER, ESQ,
Dear Sir The following extract from the
records of the Supreme Court, is offered in
reply to the article of signed "a True Demo-
crat," published in your paper of the 10Th ult:
FROM THE RECORDS OF THE SUPREME COURT.
The two suits stated of U. S. Bank and
w. B. Bank Us Cowden, Sci
''The above claims against J. II. Cow
den, having been assigned to my use this
day by +. {. Campbell, Esq, President pro
tenn. of the w B. Bank, in accordance with
a resolution of The Board of Directors, here
by bind myself in compliance with the terms
of said resolution TO pay for the said claims
in notes or stock of the w. B. Bank at par,
at my election, as soon as the said demands
are collected. Thirty eight hundred dollars
certain of the amount, hereby bind myself
to pay as aforesaid in notes of the w. B.
Bank and further bind myself TO use all
honorable efforts TO collect the said demands.
Witness my hand and seal this 1st day Of
March, A D. 1912
ELLIS LEWIS. L. S.
[Indorsedl-Signed by Cashier Thos. w. Lloyd.
lS2, March $3.50 un of the within * credited to
T.. Lewis on ]. Il. Boyd's note
when collected.
May 49, 800 account Of the within.
June II, 700 on the within credtd as above.
1Sl3, Jan. 81, $50 on account Of the within bond,
Feb. II, 50
1911, Feb II, 1000 BY transfer of 40 shares Of w.
B. Bank stock, see transfer of
this date on act. of the within
bond
agreement betrcen the Bank of Pennsylvania
orthe one part, and E. Lepis, Esq, Of the
other part.
1st. Lewis is to bid off the Mill property
OF j. II. Cowden, of Williamsport, as attor-
| ney in fact for the bank of Pennsylvania, at
from fifteen to twenty thousand dollars, at
his discretion, and TO attend to the employ
ment of Counsel and conducting all law suits
| about the title TO the same, or the DISPOSE
,lon of the money, and TO take possession
and care OF the property, and shall sell the
same when the controversy is ended.
2nd.-The profits after paying out of the
resale the purchase money bid al Sheriff:
Sale, and all expenses attending the fulfilling
of this contract to be equally divided be
tween Ellis Lewis and the Bank of Pennsyl
vania, provided that if the said bank shall re
alize from the same the sum of twelve thou
sand five hundred dollars, then all fuithe
profits arising from the mill property, an,
the Towanda securities in the possession o
the bank of Pennsylvania, 10 be equally di
vided between f. Lewis and the said banl
The expenses of the foregoing proceedings a
law, provided the bank receives no benef
from the sale, to be divided and borne b.
the parties in equal proportion.
3d-It is understood between the partie
that any sum realized by Ellis Lewis from
the said Towanda securities or other real es
tate iE Lycoming county shall be equal
divided between the parties, provided, how
ever, that the sum be received by the ban
shall in no event exceed the sum of III
principal and interest of the debt. Thi
agreement is entered into by II. Chester a
agent of the bank Of PENNSYLVANIA, and
not objected to in ten days after the sam
shall be submitted to the board of Directors
shall be considered as binding. Witness OF
hands this 22i day of July, A. d 1912.
Signed,
HENRY CHESTER for the bank {
Pennsylvania.
ELLIS LEWIS.