The Big Stone post. (Big Stone Gap, Va.) 1890-1892, 1892-01-08
,reemcnt as hereinafter provided

clanse FIVE hereof:
.,nd Whereas said bonds are Of The
denomination of 81 900 upon which two
6;yidends of 5 per cent. each have hcen
Daid and many Of the payments which
.,nr.hasers may desire TO make may be
ess than the face value OF the bond or
I..,uds. and whereas the bonds received
~ sqia Thr"ston will have tHc distribu
ed amongst the signers ASecof, and many
orthem unon such distribution will be en-
file to only fractional part Of bond,
thereafter, in order to make change, it is
l.,reed that arrangement shall be made
with some trust company in Louisville,
~. bv which said Thruston, Trustee.
h4ll turn over to il all bonds received by
g;m. and such trust company shalt Issue
to said Thruston, Trustee, certificates
thereafter in such denominations as said
Trustee may direct Said Thruston, Tus-
tee. shall turn over 10 all purchasers who
have paid 10 him great amount OF bonds
( ,ian the payment intended to he paid
thereby, certificate Of such trust conpa :
nv equal to the difference. aud the balance
u such certificates he shall hold until he
small have declared dividend lis herein
after provided.
3rd Whenever such certificates OF
such trast company So held by said 'Fhrns-
TON Trustee. together with the cash re-
tceired hy him amounts to $50, geo, il Shall
re his duty to eclarc dividend pursuant
to said deed OF trust from Big Stonc Gap
IMPROVEMENT Company Just as if the
whole Of said $4,000 had been paid to
MIN in cash; and instead of delivering TO
the signers hereof cash dividends
ne shall delivered to them or
their assigns us the case may be, their
9ropcr proportion Of said certificates Of
said trust company.
18th. Whenever any person acquires
such certificates amounting to rs much IS
;hc face value Of one OF said bonds he
shall be entitled to deli er such certificates
to said trust company, and take from it a
bond in lieu thereof.
9Th Within n reasonable time after
the holders of ninety per cent. otall OF said
bonds shall have signed this agreement,
said Thruston, Trustee, or such agent as
shall be appointed by him, shall stamp Or
write on each Of The bonds owned and
signed for By the signers hereof that it is
subject to this agreement.
9th Said Thruston is hereby appoint
ed agent to determine when ninety per
cent. of said bond holders shall have
signed this agreement and shall notify the
sisners hereof when ninety per cent shall
have signed the same II. G. Mcdowell of
Lexington Ky, is hereby continued the
agent Of the signers hereof for the pur-
pose Of making the contract aforesaid
with said trust company and agreeing up
an the compensation to be received by
it, and also of agreeing with said Thrus-
ton, Trustee, upon the compensation to he
received hy him for the extra work which
this agreement will entail upon him, such
compensation of both said trust compa
avand said Thruston to be paid out Of he
assets belonging to the sgners hereof
which may come into the hands Of said
'rhruston, Trustee
18th. Said Thruston, hereby assents to
this agreement.
Names. No Boncs
Bolar, < Ballard Co. by Chas. I. Ballard, Prest y
& A. Ercaux by Chas T. Ballard, Attorney. 3
Farry 7. Ballard, by C:raS. Ballard. Attorney.
R. & Wriigc, by James W Fox, ........,...,. 81
St. John hoyic. ...'.. - -
Il. e. MCilONcIl.
Soa;h Appalachian Land Co., by H. c, Mcdowell
President, '''''.'''''' -
:. ....,........ .
L. c, Ballard Thruston, Observation-Disclosures. !
j, ". Gaulhcrt,,.
Geo liaullcr, ............,.,. I
!. W. Gaulhert, % D
John Churchill. .
I. W. Spindle, '.'..'....' d,