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Howard County Circuit Court, Chattel Records, 1854-1860
Volume 814, Page 165   View pdf image
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                                                                                                 165

exceeding in amount however at any one time the total sum of five
thousand dollars these presents are executed the execution hereof
being a condition agreed upon between the parties prior to the consent
on the part of said firm of William Woodward and Company to
extend to said James Sykes the credit aforesaid.      Now this
Indenture witnesseth that for and in consideration of the premises
and of the sum of five dollars lawful money to the party hereto
of the first part paid by the parties of the second part to these
presents at the sealing and delivery hereof the receipt whereof
is hereby acknowledged; the said James Sykes hath bargained
sold conveyed and assigns and by these presents doth bargain
sell convey and assign unto the said William Woodward
and William H Baldwin Junior Copartners as aforesaid their
executors administrators and assigns.      All the Cotton and
other raw material sold by the said firm to the said James Sykes
and all other the material and goods manufactured and unmanufactured
now in the aforesaid Factories and in each of
them and also all cotton and raw material of every kind and
goods manufactured and unmanufactured which may at any
time or times during the continuance of this mortgage be therein
or be furnished by said firm or any new firm to him as aforesaid
    To Have and To Hold the same and every part and parcel
thereof unto the said William Wodward and William H. Baldwin
Junior, as Copartners aforesaid their executors administrators
and assigns to their proper use and benefit forever.      Provided
Always and these presents are upon this condition that if the
said James Sykes or any person in his behalf do and shall from
time to time well and truly pay to the said firm of William
Woodward & Company and to any new firm or Copartnership
which may be hereafter formed as above mentioned all and every
sums and sum of money not exceeding in the whole five thousand
dollars which he may become indebted in to them either for raw
material furnished or for cash and negotiable paper or either
loaned and advanced by them to him; and all such indebtedness
do and shall pay adjust and finally settle upon the termination
by notice or by said Sykes ceasing to carry on the Factories as
aforesaid then this Indenture and every clause matter and
thing herein contained shall be absolutely null void and of
no effect.  But if default should be made on payment as
aforesaid then it is hereby declared that the aforesaid firm of
William Woodward and Company or the survivor of them shall
immediately upon such default or as soon thereafter as
convenient sell all the material goods effects and property
hereby mortgaged for the most that the same will produce and


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Howard County Circuit Court, Chattel Records, 1854-1860
Volume 814, Page 165   View pdf image
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