Stephen F. Austin to Moses Austin, 06-15-1797


Summary: Dissolving partnership


This Indenture Witnesseth that Stephen and Moses Austin have this day Mutually agreed to Publish a dissolution of all their former Partnership in the Name of Stephen Austin and C° and Moses Austin and C° also their Partnership with Thomas Ruston for the purpose of Closing all their concerns with the said Thomas Ruston and it is also agreed on by the said Stephen and Moses Austin to Carry on the Lead Mine Bussiness in Virginia under the firm of Stephen and Moses Austin and it is also further agreed by the [sa]id Stephen and Moses Austin that Moses Austin makes such arrangement of their Lead Mine Bussiness in Virginia as to leave it under the direction [of] Confidential Persons and that he proceed to the Province of Louisianne under the Government of King of Spain and there take up such lands Lead Mines etc and there make such Establishment of the lead Mine Bussiness as he may find for the Interest of the Concern and to Carry it on for the joint advantage of the said Stephen and Moses Austin for and untill the first day of January one thousand Eight hundred and it is to be understood that all the Property granted to the said M Austin by the Government of Spain in his own name or any other person of his family to be considered as a joint Concern between the said Stephen and Moses Austin and at the expiration of which Period to be divided as well lands Lead Mines and all other Property wherever situated, It is also understood that the agreement made by Moses Austin with Francis [Vallé] Esqr and others of St Genevieve is to be comprehended in this present agreement and that the said S Austin allow from the net profits arising to him on the Louisianne Bussiness Two hundred Dollars for each year for him the said Moses Austin should the said contract with the said Francis Valle and others take Effect, [but] if it should not then the said S Austin shall allow him the said M Austin out of the profits in like manner four hundred Dollars pr Annum and it is understood that all agreements bearing date before this time is null and Void from this day forth

Stephen Austin [Rubric]

Philadelphia June 15 1797.

Witness present

Wm Kenner

Charles Austin [Rubric]