Moses Austin to Unknown, 10-09-1817

Summary: Contract to explore for copper. Moses Austin, Elias and Stephen Rector, R. H. Price, and T. Douglass.

Contract to Explore for Copper

Articles of agreement made and entered into this ninth day of October in the Year eighteen hundred and Seventeen, between Moses Austin of the county of St. Louis and Territory of Missouri, of the one part, and Elias Rector, Stephen Rector, Risdon H price and Thompson Douglass of the county and territory aforesaid, of the other Part, VIZ, the Said Austin, at his own individual expence to make a full and fair experiment upon a certain tract or tracts of land lying in the Territory of Illinois and County of Monroe in which there is suppos'd to be a Mine of Copper, to ascertain which the said Austin is to make the experiments, Then the said Rectors, Price and Douglass so far as they are interested obligate themselves to convey to the said Austin, in the event of his finding Mineral a proportion of said Land, equal in quantity to, one Seventh of the whole, at the same prices and upon the same conditions as they themselves have become possessed of the same It is further agreed that in all future purchases of Lands contiguous to, or Joining the aforesaid tracts, the parties to these presents shall have a Joint and equal interest, as also Thos A. Smith and Justus Post, who are equally interested with the said Hectors Price and Douglass, provided they shall assent to this agreement—, for the performance of the conditions of this contract the parties Bind themselves to and with each other as witness our hands and seals the day and date above written—

Moses Austin [seal]

Elias Rector [seal]

Stephen Rector [seal]

Risdon H Price [seal]

Thompson Douglass [Rubric] [seal]