stefansson-wrangel-09-36-037-002

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Alaska, on or before the day of loading.

In consideration of the agreements of said party of the
second part to be kept and performed, the said party of the first
part hereby agrees that upon the day of loading said schooner "DONALD-
SON" for WRANGELL ISLAND trip, to pay the sum of ONE THOUSAND DOLLARS
in cash, which shall be payment in full for the first twelve days,
and to pay thereafter, in weekly installments at the rate of Eighty-
three ($83.00) Dollars per day, until thirty-one (31) days have elapsed,
unless the said schooner "DONALDSON" shall have returned before the end
of said thirty-one (31) days, in which case the said charter money shall
stop upon return of "DONALDSON" to NOME.

FURTHERMORE, in the event of the "DONALDSON" not returning
before the end of said thirty-one (31) days, the charter rate for
all days thereafter until the return of saind schooner "DONALDSON" to
Nome, shall be reduced to Fifty-six ($56.00) Dollars per day.

It is also agreed that if through any cause whatsoever,
the said "DONALDSON" does not return to Nome before the end of the pre-
sent navigating season, the said party of the first part agrees to pay
at the close of present navigating season Six Thousand ($6,000.00)
Dollars in cash, minus all accrued charter moneies plus operating ex-
penses for voyage, whereupon the said schooner "DONALDSON" automatically
becomes the property of said party of the first part.

FURTHERMORE, the said party of the first part may at any
time purchase said schooner "DONALDSON" by making a payment of Six
Thousand ($6,000.00) Dollars minus all accrued charter monies plus