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Anne Arundel County Court, Chattel Records, 1838-1845
Volume 817, Page 48   View pdf image
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                                             48

payment of all the debts and sums of money aforesaid and on receipt of
the same or any part thereof good and sufficient acquttances and
discharges therefor in whole or in part as the Case may be to give Execute
and deliver  In Trust nevertheless that the parties hereto of the second
part and the survivor of them and the Executors and administrators
of the survivor shall and will use their reasonable endeavours to
possess themselves of the property and funds hereby conveyed and
assigned and shall and will at such time or times and in such
manner as the said Trustees or the surviver of them or the legal
representatives of the surviver may think proper sell and dispose
of for ready money or on Credit as by them maybe deemed most
advisable the whole of the goods wares merchandize chattels and
effects aforesaid  And as to the proceeds arising as well by such
Sale or sales as by the Collection of the debts hereby assigned  In Trust
that the said John R Hynson and William Hopkins or the surviver of
them or the legal representatives of the surviver after deducting therefrom
and retaining in their own hands the amount of all expenses
necessarily attending the Execution of this Trust and a Commission for
their labour and services in the premises of Eight per Centum upon all
moneys that may be received by them or come to their hands by virtue
of this assignment shall and will apply the residue of the avails
of this Trust to or towards the payment and discharge of the just
Claims of all such of the Creditors of the said William T Norfolk
as shall within fifteen days from the date of these presents Execute and
deliver to the said Norfolk a full and final Release and discharge
of their respective claims against him that is to say rateably and
proportionably if the fund be insufficient to satisfy the whole or
to the full Satisfaction and discharge of all such Claims if the fund
be Sufficient for that purpose and the balance or surplus if any may
remain shall and will pay over to the said William T Norfolk or his
legal representatives  Provided always that the share or portion of any
Creditor or creditors declining or omitting to Execute and deliver such
release or discharge as aforesaid shall not be distributed among
the assenting Creditors but shall be by the said Trustees paid over
to the said William T Norfolk and to for upon no other use trust
intent or purpose whatsoever  In witness whereof the said William
T Norfolk hath hereunto subscribed his name and affixed his
Seal on the day and year first above written


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Anne Arundel County Court, Chattel Records, 1838-1845
Volume 817, Page 48   View pdf image
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