Loan to engage in hotel business with agreement to divide profits.

A desires to engage in hotel business in a certain building numbered _________ _________ street in _________, and for that purpose desires that B shall advance certain sums of money and furnish goods, wares, and merchandise, aggregating in value $_____:

Therefore, it is agreed that, in consideration of B furnishing A the money, goods, etc., of the above value, A's entire time, services, and attention shall be given to the management of the business to be conducted in the building, and shall repay to B the sum of $_____ in monthly instalments, commencing on _________, 19__, as is evidenced by _________ certain promissory notes bearing even date with this instrument, executed by A, payable to the order of B. It is further agreed that the net profits of the management of hotel shall be applied by A to the payment of the notes referred to above; and that all of the net profits accruing after the payment of the notes shall be divided equally between A and B; and that after net profits shall have paid off the promissory notes, A shall be entitled to draw for personal use $_____ per month, and after such deduction the profits shall be divided equally as above, provided that the proportion which B shall receive shall never be less than $_____ per month.



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