If it should be agreeable to you to consign to the house of Richard Clarke & Sons, of Boston, New England, this summer or fall, I would beg leave to propose to you, that I will find security to the amount of two or three hundred chests, that in eight months after the sale of them in America, the accounts shall be forwarded you, and the money for the net proceedings paid to your order within that time, you allowing our house five pr cent. commission on the sales, and one pr cent. for storage & other charges, the freight and American duty to be chargeable on the teas besides, & we to be free from the risk of fire or any other accident that may occur before the delivery of the tea. I am, with the greatest respect, gentlemen, Your most obed't, hum. ser't, JONATHAN CLARKE. To the Hon'ble Directors, &c., &c. London, July 5, 1773. Sirs: The terms which I had the honor to converse with you upon, relative to the sale of teas in America, I take leave to recapitulate as necessary, to understand each other, viz.: You expect that the houses here who recommend their friends abroad, and are in consequence appointed as your factors to dispose of that article, should stipulate that it be sold agreeable to such orders as you may think proper to give for that purpose, and that the factors pay the cartage, warehouse rent, brokerage, and other charges incidental to the sale, and remit the net proceeds in two months from the last, prompt, in good bills of exchange or bullion, for the whole of which service they are to retain a commission of 6 pr cent. on the gross sales, the Company to be at the risk and expence of shipping the tea out, to pay duty and entry abroad, and to be also at the risk and expence of sending bullion home, which terms I do agree to in behalf of those which I shall recommend, whose names are at the foot. And as it seems prudent to guard against accident by death, as well as that the Company be secured against the neglect & misconduct of its servants in this business, I do hereby, for myself and my house, here guarantee the safety of the houses named as above, for the execution of this business, and also that such bills of exchange, as they shall remit on the above account, shall be good. The agents in this business hope to be indulged with giving their ships in the trade the freight of the tea out, in preference to others. I am, with the highest respect, sirs, Your most obed't & most hum. serv't, WILLIAM KELLY. To the Hon'ble the Com^tee of Warehouses, &c., &c., &c. _For New York:_ Messrs. Abraham Lott & Co.[32] Messrs. Hugh & Alex^r Wallace.