Account from Vilhjalmur Stefansson to Alfred J. T. Taylor, 12 June 1922

Author Stefansson, Vilhjalmur

Date12 June, 1922

ms numberStefansson Mss-98, Box 9, Folder 8

abstract

Persistent Identifier
^ Copy ^
At New York, June 12--22.
Dear Taylor:
It is my wish that the present subscribed capital of this Company standing at 144 shares be now increased by 120 shares to represent payment for ser-vices already rendered the Company. These shares to be allotted as follows:-

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V Stefansson............... 60 shares
A.J.Taylor................. 45 shares
J.A. Anderson............... 10 shares
R.Brown.................... 5 shares
I leave to you and Mr Anderson the selec-tion of the best method to be used in arranging this.
I also wish,so soon as a lease to Wrangel Island is assured, that you will endeavour to secure from $ $10,000 to $15,000 addittional working capital for the Company, and I am agreeable that the Company pay a commission of 10% for securing such capital together with any legitimate expenses incurred in this work.
It is understood you will at all times guarantee that the voting [: couthall] of the company shall rest in me.
^(Signed) VStfansson.^
President.

A.J.T. Taylor. Esq.,   Canadian Club,  New York City.

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