crease of the cap.

the details of the business may be thoroughly under-
by each, it is agreed that during the aforesaid period,
e and full book accounts shall be kept, wherein each
Sshall record, or cause to be entered and recorded, full
a of all moneys received and expended, as well as every
purchased and sold belonging to, or in anywise apper-
to such partnership ; the gains, profits, expenditures
ses being equally divided between them.
further agreed that once every year, or oftener, should
arty desire, a fuIll, just and accurate exhibit shall be
o each other, or to their executors, administrators, or
ntatives, of the losses, receipts, profits and increase made
on of, or arising from such copartnership. And after
.hibit is made, the surplus profit, if such there be result.
n the business, shall be divided between the subscribing
s, share and share alike.
er party hereto shall be allowed to draw a sum, the first
t exceeding six hundred dollars per annum, from the
stock of the firm, in monthly installments of fifty dollars
which amount may be increased by subsequent agree-
further, should either partner desire, or should death
r of the parties, or other reasons, make it necessary, they,
[ copartners, will each to the other, or, in case of death
r, the survivirg party to the executors or administra-
the party deceased, make a full, accurate and final
of the condition of the partnership as aforesaid, and
.rly and accurately, adjust the same. And also, upon
an inventory of said capital stock, with increase and
iereon, which shall appear or is found to be remaining
remainder shall be equally apportioned and divided
i them, the said copartners, their executors or adminis-
share and share alike.
also agreed that in case of a misunderstanding arising
e partners hereto, which cannot be settled between
ves, such difference of opinion shall be settled by arbi-
upon the following conditions, to-wit: Each party to
one arbitrator, which two thus elected shall choose a
the three thus chosen to determine the merits of the
td arrange the basis of a settlement.
itness whereof the indersigned hereto set their hands
and year first above written.
CHARLES R. FIELD.
DAVID G. HOBART.

mines to have done with hisproperty after death,
is termed a Will.
All persons of sufficient age, possessed of
sound mind, excepting married women in cer-
tain States, are entitled to dispose of their pro-
perty by will. Children at the age of fourteen,
if males, and females at the age of twelve, can
thus dispose of personal property.
No exact form of words is necessary in order
to make a will good at law; though much care
should be exercised to state the provisions of
the will so plainly that its language may not be
misunderstood.
The person making a will is termed the tes-
tator (if a female, a testatrix).
A will is of no force and effect until the death
of the testator, and can be cancelled or modi-
fied at any date by the maker.
The last will made annuls the force of all
preceding wills.
The law regards marriage and offspring re-
sulting, as a primd facie evidence of revocation
of a will made prior to such marriage, unless
the wife and children are provided for by the
husband, in some other manner, in which case
the will remains in full force.
To convey real estate by will, it must be done
in accordance with the law of the State or coun-
try where such land is located; but personal
property is conveyed in harmony with the law
that obtains at the place of the testator's resi-
dence.
There are two kinds of wills, namely, written
and verbal or nuncupative. The latter, or spo-
ken wills, depending upon proof of persons
hearing the same, generally relate to personal
property only, and are not recognized in all the
States, unless made within ten days previous to
the death. Verbal or unwritten wills are usu-
ally unsafe, and even when well authenticated,
often make expensive litigation ; hence the ne-
cessity of having the wishes of the testator
fully and clearly defined in a written will.