rs Patent were granted, Metallic Railroad-Ties
containing the patented improvements, and to sell the same
within the United States.
II. The party of the second part agrees to make full and
true returns to the party of the first part, under oath,
upon the first days of January and July in each year, of all
Metallic Railroad-Ties containing said patented improvements
manufactured by them.
III. The party of the second part agrees to pay the party of
the first part five dollars as a license fee upon each and
every thousand Metallic Railroad-Ties manufactured by the
party of the second part containing the patented
improvements: provided, that if the said fee be paid upon
the days provided herein for semi-annual returns, or within
ten days thereafter, a discount of fifty per cent, shall be
made from said fee for prompt payment.
IV. The party of the second part agrees to put forth their
best efforts and use due diligence in the manufacture and
sale of the Metallic Railroad-Ties containing the said
patented improvements, and if the royalties do not amount to
five hundred dollars semi-annually, the party of the first
part may terminate this license by serving a written notice
upon the party of the second part.
V. Upon the failure of the party of the second part to make
returns or to make payment of license fees, as herein
provided, for thirty days after the days herein named, the
party of the first part may terminate this license by
serving a written notice upon the party of the second part;
but the party of the second part shall not thereby be
discharged from any liability to the party of the first part
for any license fees due at the time of the service of such
notice.
_In witness whereof_, the parties above named have hereto
set their hands the day and year first above written, at
Chicago, County of Cook, and State of Illinois.
RICHARD DOE,
_Metallic Railway Tie Company_,
Per John Roe, President.
LICENSE:--EXCLUSIVE--WITH ROYALTY
_This agreement_, made this tenth day of January, 1901,
between Richard Doe, of Boston, State of Massachusetts,
party of the first part, and the Roe Vending Machine
Company, a corporate body under the laws of the State of New
Jersey, located and doing business at the city of New York,
in the State of New York, party of the second p
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