Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1866-04-19

ly and Patrick q. Meath. be published in thu
daily PUBLIC LEDGER once week for six sue
CHAs. W. JOHNSTON,
This Deed of Partnership made and en-
tered into this, the seventh day OF April
in the year of our Lord one thousand
| eight hundred and sixty-six. pursuant to the
laws Of Tennessee respecting limited partner
ship, by and between j, y. Powers. Martin
side in Memphis, Shelby county, Tennessee:
|. Witnesseth as follows. the name under which
said partnership is 10 be conducted. is Powers
x Kelly. gIl, ~ .48i!
| ness 10 be transacted. is the buying of materi-
| ais and other necessary things, such vs. teams,
wagons, carts, etc., and the employment OF IA
| borers. mechanics and ertizans, and all for the
| building erecting, constructing and completing
according to plans and specifications County
| Jail in the city of Memphis. Shelby county,
| Tennessee, in pursuance Of contract made
and entered into with said county.
| Our j. j. Powers and our Martin Kelly are
general partners. As capital towards the com
mon stock or fund, our J. j.. Powers has con-
tributcd the sum OF i've hundred dollars, our
Martin Kelly the sum of five hundred dollars,
our Patrick G. Meath the sum of five hundred
dollars. For the building of said Jail the coun-
ty of shelby has agreed to pay the sum OF one
hundred and forty -four thousand nine hundred
o.
the contract between the county of Shelby and
our firm, Powers x Kelly.
ALI moneys appropriated by the county OF
Shelby as payment for said jail. are TO be drawn
on warrants in favor of our Martin Kelly; aud
our Martin Kelly is 10 deposit all moneys SO
received in some bank or banks in the city OF
Memphis. TO be named aud designated by our
Powers and Meath. 10 the credit OF our hrm
Powers a. Kelly; and no moneys shall be
checked out of said bank or banks but By our
Martin Kelly. All of said checks to be
approved and Endorsed on, the back BY
our j. j. Powers or Patrick IT,. Meath In
writing. And no moneys shall be checked out
of said bank or banks, except such as may be
deemed necessary by our Powers and Meath to
pay for materials used in and about the con-
structien of said jail, and for work and labor
done, or other things purchased, needful ana
necessary about the erection of said jail or other
expenses incurred in and about the building OF
said Jail.
II is agreed that our Martin Kelly shall give
bond with good and sufficient security, payable
TO our j. j. Powers and our Patrick q. Meath,
in a sum equal TO all moneys that may be re-
ceived by him at any one tune from the Treas
ury of the county of Shelby. or that may be
checked out of the bank or banks, conditioned
that our Martin Kelly will apply all Of said
moneys in liquidation just and proper claims
for materials, work and labor done. and other
indebtedness contracted in and about the build,
ing of said Jail. All claims shall be inspected
and examined by our j.. j. Powers and our
Patrick u. Meath. aud Endorsed in writing APP
proved before the same is paid by our Martin
Kelly.
No contract made for materials or laborers
mechanics, artizans, or for anything else. shall
be binding and obligatory upon our firm, Pow
ers * Kelly, unless the same is made and ap-
proved by our j. J. Powers and one OF the
other partners herein named.
All moneys received by either Of the partners
named in this deed from the county of Shelby,
or as q part OF the stock fund, shall be applied
exclusively to the payment OF such debts as may
be incurred in the purchase Of tools, imple-
ments, machinery. materials, and for work and
labor done in and about the building of said Jail.
1t is agreed that our j. j. Powers and our
Martin Kelly shall give their personal atten-
ton entirely TO the business OF the hrm rs
above described.
II is agreed that our Patrick G. Meath shall
give only a reasonable portion OF his personal
attention TO the business of this firm, and that
said NJ cath may absent himself from the city Of
Memphis whenever he may see proper to do so
and attend TO any other business. In consid
Grafton of said privilege. our Patrick g. Meath
is to pay the entire salary of q boOk-keeper for
the firm of Powers x Kelly. Said book keeper
to be selected and employed by our J. J. Pow
ers and our Martin Kelly.
We are to bear the expenses and losses, and
TO share the profits equally. The capital stock
is not to be Withdrawn by either party till the
end Of the term. and all moneys received from
the county of Shelby is to be employed as capt.
tai; at the end Of the term each party is 10 re-
ceive the capital now or hereafter paid in BY him,
al the end OF the term. All the tools, in plements
machinery. materials, mules, horses. carts, wag.
ons, and everything purchased and used In and
about the building of said Jail, shall be the
common property of the said firm Of Powers a.
Kelly, and shall be equally divided between
all the parties named in this deed. and the clear
profits shall be equally divided. There
shall be kept in the books of the firm full, true
and perfect accounts Of all materials, tools, i'm
plements, machinery, mules, horses, carts,
wagons, harness purchased, and oflaborers. me
chanics and artizans employed, and the amount
agreed to be paid each, and the number of days
served by each, and its receipts and disburse-
ments, its expenses and profits. ard all other
things necessary for full and clear understand
ing of its condition. free for the inspection of all
parties at all times. Said partnership is 10
commence on the seventh day of April. 1866,
and is to terminate on the completion and re-
ception of said Jail by the county of Shelby.
In witness whereof, the said parties have each
hereunto set their hands and seals this day and
year, first above written.
J.J. POWERS, [Seal.l
MARTIN KELLY, lSeall
P. q. MEATH, Seal