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6 August 1915 Friday
Messrs. The Reid Newfoundland Co.
St, John’s, Newfoundland
Dear Sir,
“Lintrose & Bruce”
Messrs. Paterson & Ross repeated to us your cable
advising that the Bank of Montreal Ltd., London would pay us the sum of
£20, 500 and our London Bankers duly received this money.
In Accordance with Messrs. Paterson & Ross request we
have forwarded to them the Statutory Mortgage on the “Bruce” duly
released by our endorsement thereon, and we asked them to cable
forthwith to you this effect, which no doubt they have done. We have
also forwarded to them your acceptances £20, 500 which matured on the
31st ult. and your new acceptances for £20, 500 due on the 31st January
1916, all duly cancelled; also the IO policies of insurance covering the
3/3 “Bruce” which received from Messrs. Holmwood & Holmwood.
This Agreement made between the Russian Imperial
Ministry of Commerce and Industry, of the one part, and Reid
Newfoundland Company, of the other part: Witnesseth as follows:
1. The Russian Imperial Ministry of Commerce and
Industry agrees to purchase and
the Reid Newfoundland Company agrees to sell the
steamship “Bruce” for the sum of Seventy-six thousand pounds sterling,
to be paid Sixty-six thousand Five hundred pounds upon the execution of
the Conveyance of the said ship by the Reid Newfoundland Company and the
balance of Nine thousand Five hundred pounds upon the arrival of the
said ship at the port of Archangel in the Empire of Russia.
2. The Reid Newfoundland Company agrees to send the
said ship fully supplied and to deliver the same at the said Port of
Archangel but at the absolute risk of the Purchaser who shall be
responsible for any loss or damage to the said ship on such voyage; it
being understood that during the said voyage the ship is absolutely
uninsured against any risk whatsoever: and the Russian Imperial Ministry
of Commerce and Industry agrees that if said ship shall be lost or
destroyed on said voyage immediately upon said fact being made known to
them they will pay to the Reid Newfoundland Company the said balance of
Nine thousand Five hundred pounds, notwithstanding that the said ship
shall not have arrived at the Port of Archangel.
3. The Reid Newfoundland Company agrees that the
Captain of the said Steamship “Bruce” shall deliver to the Captain of
the Port of Archangel any surplus stores and coal which may be remaining
upon the said Steamship upon her arrival at the said Port: and the
Russian Imperial Ministry of Commerce and Industry agrees to pay the
Reid Newfoundland Company for the same at the price at which the said
stores and coal are billed to the Captain.
4. Whereas the accommodations which were on board the
said Steamship “Bruce” during the period when she was carrying
passengers were removed, the Reid Newfoundland Company hereby agrees to
store all such accommodations which were so removed in some convenient
place or places in the said Steamship before her departure from St.
John’s and to deliver the same with the said ship at the Port of
Archangel for the price hereinbefore mentioned.
5. The Reid Newfoundland Company hereby undertakes
that as soon as the same can be obtained and delivered they will obtain
at their own cost and charges and deliver the same at the Port of
Archangel two spare blades for the propeller of the said Steamship
“Bruce”.
In Witness Whereof the said agreement has been signed
on behalf of the Russian Imperial Ministry of Commerce and Industry, and
the Common Seal of Reid Newfoundland Company has been hereto affixed the
day of July, A.D. 1915.
Signed, Sealed and Delivered
in presence of: On behalf of the Imperial Russian
Ministry of Commerce and Industry ? ?
Witness Fred W. Hayward
NS Reid
Martin W. Furlong Director
It is understood that the expenses of the return
voyage to Newfoundland of the officers & crew of the & ? ship shall be
paid by the Reid Newfoundland Company.
Source: The Rooms, Provincial Archives |
