File:JamesFrancisBeals-1911-Indenture.jpg

Page 1 of the indenture agreement between James Francis Beals and James Elgie Beals.

The following transcription was made by Richard Brady Williams on August 27, 2006:

1. This Indenture made the 25th day of February AD 1911
2. Between J F Beals of Salem Twp Clarion Co ^(of the first part) and J E Beals of
3. Venango County party of the second part [illegible] that the paid
4. J F Beals for and in consideration of the yearly rent and convenants[?]
5. hereinafter mentioned and reserved on this part and behalf of the
6. paid J E Beals his Executors administrators to be kept and performed
7. hath demised pet and [illegible] let and by these presents doth demise[?]
8. and [illegible] let unto the said J E Beals his Executors and administrators
9. all that [illegible] and lot of ground [illegible] lying and being in the
10. Township of Richland Venango Co Pa. Containing One hundred Eighteen
11. acres more or less to be used and occupied as a farm to have
12. and to hold the paid [illegible] and lot of ground and all and [illegible]
13. the premise hereby demised[?] with the app[illegible] unto the paid J E Beals
14. his Executors and administrators to[?] one the [illegible] hereof until the first
15. day of April 1916. (This agreement however is made subject to an Oil
16. and gas lease now operated by first party hereto and [illegible name]
17. paid first party further reserves the right to lease the balance of paid
18. farm for Oil and gas and to have same operated at pleasure, however
19. paid first party to pay a reasonable compensation to the said J E
20. Beals for damages to growing crops by reason of said operations for Oil
21. or gas.) Paid second party yielding and paying thereout[?] One Third
22. of all the grain raised on said farm. First party to have enough hay
23. from said farm together with his own hay of his lot-he keeps one horse
24. and one cow. and if second party sells any hay off said farm to
25. pay one third of the proceeds of such sale to paid first party. no [illegible] or
26. corn fodder to be removed off said farm. first party to have one third
27. of all joint-growing on said farm and to do his own gathering. second
28. party to have the garden as now enclosed and 1/2 acre [illegible] for a
29. potato patch free. if second party raises in excess of said 1/2 acre
30. of potatoes to yield 1/3 thereof to said first party. said one third of
31. the grain or first party share to be properly stored in the [illegible] in Barn
32. in a [illegible] shape subject to the use or disposal of the same at -