second part are to keep accurate and complete
accounts in writing of the purchases and sales of stock and of the
expenditures of all monies entrusted to their care, which accounts are
to be submitted to said party of the first part whenever he may desire
it.

9. Any taxes upon said cattle are to be paid half by the party of the
first part, half by the parties of the second part.

10. Said cattle are to be branded with the maltese cross on the left
hip and are to have the cut dewlap, these brands to be the property of
the owner of the cattle; the vent mark to be the letter R under the
maltese cross.

Witness: Signed:

Roger S. KENNEDY Theodore ROOSEVELT
M. HANLEY (_party of the first part_)
William MERRIFIELD
Sylvanus FERRIS
(_parties of the second part_)

_St. Paul, Minn., September 27th, 1883._

ROOSEVELT'S CONTRACT WITH WILLIAM W. SEWALL AND WILMOT S. DOW

LITTLE MISSOURI, DAKOTA
_June 20, 1885_

We the undersigned, Theodore Roosevelt, party of the first part, and
William Sewall and Wilmot S. Dow, parties of the second part, do agree
and contract as follows:

(1) The party of the first part having put eleven hundred head of
cattle, valued at twenty-five thousand dollars ($25,000) on the
Elkhorn Ranche, on the Little Missouri River, the parties of the
second part do agree to take charge of said cattle for the space of
three years, and at the end of this time agree to return to said party
of the first part the equivalent in value of the original herd
(twenty-five thousand dollars); any increase in value of the herd over
said sum of twenty-five thousand dollars is to belong two-thirds to
said party of the first part and one-third to said parties of the
second part.

(2) From time to time said parties of the second part shall in the
exercise of their best judgment make sales of such cattle as are fit
for market, the moneys obtained by said sales to belong two-thirds to
said party of the first part and one-third to said parties of the
second part; but no sales of cattle shall be made sufficient in amount
to reduce the herd below its original value save by the direction in
writing of the party of the first part.

(3) The parties of the second part