Draft agreement
01 Jan 1909
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Between 1) George Beatson Blair and James Thomas Blair, both of Manchester, merchants and shippers, operating under the name of Robert Barbour and Brother, and 2) Robert Barbour and Brother Ltd. of India House, Whitworth St., Manchester, by which I (1) agree to sell to (2) the goodwill of Robert Barbour and Brother all contracts and business pending, stock in trade, cash and furniture, in accordance with clause 3 of the Articles of Association above.
£80,000 purchase price to be paid now. Rest to be a loan from the vendors to the Company. Provision for repayment if Company wound up.
Vendors to be Managing Directors while hold shares of £15,000, and receive salary of £500.
Title:
Draft agreement
Date of work:
01 Jan 1909
Reference number:
GB127.M294/16/20/3
Level of description:
Item from Fonds: The Family Welfare Association of Manchester Ltd. (GB127.M294)
Part of:
Access restrictions:
UnrestrictedRestricted access.
Use restrictions:
Unrestricted
Record types:
Manchester Archives and Local Studies
Language:
English
Record number:
7871722