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Know all men by these presents, That we, are held and firmly bound unto Nathaniel Woodhull, Esq˙, President of the Convention of the Representatives of the State of New-York, in the sum of one thousand pounds, lawful money of the said State; for the payment whereof, we bind ourselves, our heirs, executors, and administrators, jointly and severally, firmly by these presents.
Sealed with our seals, dated the day of August, in the year of our Lord one thousand seven hundred and seventy-six.
Whereas the above bounden hath received on loan from the honourable the Convention of the Representatives of the State of New-York, for the term of two years from the thirtieth day of July last, the sum of five hundred pounds, lawful money aforesaid, as an encouragement to erect works within this State, for extracting salt from sea water, agreeable to certain resolutions of the said Convention made and passed on the thirtieth day of July:
Now, therefore, the conditions of the above obligation are such, that if the above bounden shall and do, on or before the day of next, erect and complete works within this State for the extracting of salt out of sea water, at such place or places as the County Committee of the County where such works are to be erected shall deem most proper, and at least fifteen miles distant on the sea-coast from any other works of the like kind, and also that if the said, his heirs,
executors, or administrators, shall and do, well and truly, pay, or cause to be paid, unto the said Nathaniel Woodhull, his executors, administrators, or assigns, for the use of the Representatives or future Legislature of this State, the said sum of five hundred pounds, lawful money of New-York, or twelve hundred and fifty bushels of good white merchantable salt, manufactured by the said as aforesaid, on or before the thirtieth day of July which will be in the year of our Lord one thousand seven hundred and seventy-eight, then the above obligation to be void; but on failure of either of the above conditions, to be and remain in full force and virtue.
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