Memorandum Of Agreement Between Messrs. Jos. & William Russells, & Nicholas Brown, on the one part, and Mr Gideon Young on the other part Witnesseth, That the said Young Doth frieght Letten the Sloop Enterprize, burthen about seventy five Tons(but subject to be Measured on her return which is to Determine her bigness) on a Voyage to the foreign West Indias, and back to Providence James Westcoat Masr Permitted by his Honour the Governor ー the hire to begin from the fourth Instant at five Shillings lawful Money per Ton, Risqued as follows ー One Quarter by said Young, Three Eighths by said Russells, & three Eighths by said Brown at Eight Hundred Dollars in Case of Loss by any means, no Hire Money to be paid, but the Interest to be paid on the Eight Hundred Dollars from the Time of her being in Pay as aforesaid till said sum valued at is paid by the Hirers in proportion as Risqued aforesaid, said Young is to be at the sole Expence of keeping the Vessel sails &c in suitable repair & Procure for her in the West Indias suitable small sails at his Expence ー As Witness our Hands ー

Gideon Young Nich^o Brown Jos & Will^m Russell