Agreement-1858, December 7

Thomas Johnson and A. S. Johnson entered into partnership to carry on the Shawnee manual labor school and the farm connected therewith. The agreement was as follows:

1. They put all their personal property now at the school together (excepting A.S. Johnson’s private household goods & [illegible] which personal property & also the net proceeds of the school, stock, farm &c. are to belong to them both jointly. But as Thos. Johnson has furnished three thousand dollars worth of property more than A.S. Johnson, in order to make it equal said A.S. Johnson has this day executed his note to said Thos. Johnson for fifteen hundred dollars (1500) payable when the partnership is dissolved.
2. The stock, farms, school &c. are to be under control of & to be managed by A.S. Johnson & he is also to have for the use of the firm the money paid by the Miss of the M. E. Church South to Thos. Johnson, for the support of the school, which is Five Thousand dollars a year.
3. The entire expense of the school, the farm &c. are to be first paid out of the funds of the firm & whatever may be over after paying expenses to be divided equally between the parties at the end of each Quarter.
4. It is understood that said A.S. Johnson is to render his personal services according to the best of his ability to balance against the use of houses, farm & property furnished by Thos. Johnson.
5. This firm is to be understood as having commenced on the first day of April, 1858, & is to be dissolved & the business closed when ever either party desires it, by his giving the other party three months notice.
6. Whenever the firm is dissolved the property to be sold & the proceeds divided equally unless by mutual consent they agree to divide it without sale.

Dec. 7th, 1858.    THOMAS JOHNSON.
Witness: Marshal M. Wilson.         A.S. JOHNSON.