[Copy by Moses Austin.]

Be it known that Moses Austin of Wythe County in the State of Virginia hath bargained and sold unto John D Blanchard and George Lauman of the City of Philadelphia in Pennsylvania the quantity of one hundred and twenty thousand acres of land be the same more or less, that is to say fifty thousand acres part of a location made in company with the sd John D Blanchard and George Lauman in the County of Grayson in the state of Virginia in pursuance of their agreement of the 19th January 1795 and the residue in two several surveys in Wythe County aforesaid at and for the rate or price of sixpence lawful money of Pennsylvania per acre for each and every acre which the same on proper surveys may be found to contain and the sd Moses Austin doth hereby acknowledge to have received the consideration monies for the said lands, and doth hereby agree to have the surveys of the same lands made and returned and patents therefor issued to and in the name of him the said John D Blanchard but for the Joint Account and benifit of them the said John D Blanchard and George Lauman at the proper cost charge and expence of them sd Jn° D Blanchard and George Lauman for the amount of which he the said Moses Austin shall and will draw upon the said John D Blanchard and George Lauman who do hereby engage and agree to honour and pay such his Drafts immediately without default or Delay For the true performance the said Moses Austin doth hereby bind himself his Heirs Executors and administrators in the penal sum of twenty thousand pounds firmly by these presents—In witness whereof the said parties have hereunto set their hands and seals this Sixteenth day of March 1795

Signed and Deliverd in the presents of us Joseph Rickey, Charles Austin,

Stephen And M Austin,

Jn° D. Blanchard

Geo Lauman