Wadsworth semi-weekly dispatch. [volume] (Wadsworth, Nev.) 1899-1904, 1904-07-26

n RTICLEs OF co-PARTNERsHIP Made
Il aud entered into the 2ad day OF June
ly0r, between A. S. Kenyon and IRA VI. Couksy
of the city OF Keno, county OF Wasnoe, STAT u
Nevada, and the said named persons nave
agreed, ang by THESE presents do asres, to De
come copartners in business together, unuel
and BY tine maine. tirm All style OF the 'Reno
Automobile ana Cycle Company tnelr co-part
nership to commence on the 2nd day OF June,
1871, and to continue until mutually dissolved.
ana TO that enu and pnr Jose, the said parties
have delivered in as capital stock the sum OF
twenty-tnree hundrsd and eighty four and VI
lO dollars. consisting OF cash S4iU, machinery
and tooIs OF tue value OF F4oU, Automobiles OF
the value OF Si34s and Automobile supplies OF
the value of S75, In share and snare alike TO be
used and employed in common between them,
for the support and management OF said bust
ness, which is located AT the City OF Reno, 10
their mutual benefit and n Advantage.
And Ii is agreed by and between said parties,
that at all times during the continuance OF
their copartnership they and each Of ths m VIII
give their attendance, and do the ir and each Q
their best endeavors, and to the utmost OF their
skill aud power exert themselves, Tor their joint
interest. profit, benefit and advantage, and Will
buy and sell merchandise, with their joint stock
and the increase thereof in the business afore-
said; that they shall and will at all times dur
ing their co-partnefship, bear, pay and dis
charge equally between them all rents and 9th
or expenses | rat may be required for the sup
port aad management OF the said business; that
ali gains and profits aud increase that shall
come, grow OF arise from or by means of the
said business snail be. divided between them
share and share alike; aud al tue loss that
shall happen to their said business, by bad
debts or otherwise. snail De borne and be paid
equally between them; that there shall be Kept
al all times during the continuance OF their CO.
partnership, perfect, just aud true books OF NC
counts. wherein each Of the said co-partners
shall enter and set down, as well all money by
them or either OF them received, paid, laid out
and expended, In and about the said business,
as also all the goods, wares, commodities and
merchandise. by them. or either ofthem, bought
or sold by reason ofon account OF the said pusi-
ness, and all other matters aud things whatso-
ever to tho said business and the management
thereof In anywise belonging, which said book
shall be- used la common between the two said
co-partners, 50 that either Of them may have ac-
cess thereto. without any interruption or hind
rance of the other; that the said co partners
will in each year, during The continuance OF said
co-partnership. as Aforesaid to wit: on the first
day OF January of each year, or oftner il neces-
sary, shall make, yield and render each 10 the
otner, u true, just, and perfect inventory and
account Of all the profits and increase by them,
or either OF them made and Of all loss by them,
or either Of them sustained and alse OF oil pay
ments, receipts and disbursements, and Of all
other things by them made, received dis
bursed, acted or suffered In their said business,
and the same account being made, they shall
and will clear and adjust, each TO the ether At
the time their just share Of the profits rs afore
said, and at the end or other sooner determine
ton OF their co-partnership, the said co-partners
each to the other shall and will make q true,
just and final account Of all things relating to
their said business, and In all things truly
adjust the same; and that all and every stock
or stocks, as well as the gains and increase
thereof which shall appear to be remaining,
either In money. goods, wares, fixtures, debts
or otherwise. shall be divided between them.
share and share alike; and the said parties fur
Their agree that at the time said partnership Is
to be dissolved, or may be dissolved. . reason
able amount OF time prior 10 such dissolution
shall elapse to enable the said parties to Sc title
up any and all business that may In any wise
be connected with said copartnership, thus
avoiding any loss 10 either OF said parties: and
upon said parties d~ediding that they shall and
will dissolve the said copartnership, either OF
the said parties shall have the first option and
privilege Of purchasing the other partners half
In terest In said business over an outside party,
the party purchasing paying the same pricec
as any other person or person $ would pay for
the said interet, might or won Id be offered by
Il bona ide purchaser.
In witnest whereof the said parties have
hereunto set their hands and seals the day year
first above written.
A. 8. KENYON Seal
IRA M CONKEY (Seal)