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FOR DELIVERY TO PURCHASE

Received from the Guaranty Trust C9 the following goods and merchandise their property specified in the

Bill of Lading per ...... dated 52.784 marked and numbered as follows :

In trust to deliver the sameto.,.,., who have purchased theésSamefor es %/Davablé in 07 and to obtain from

the purchaser the proceeds of the sale of the same.

In consideration of the delivery of said goods to me/us in trust as above [/we agree to deliver them immediately to the said purchasers and to collect the proceeds of sale and immediately deliver such proceeds to the Guaranty Trust on my/our account under the terms of letter of CLOUD ER EE issued for my/our account and to the payment of any other indebtedness of mine/ours to the Guaranty Trust.

It is understood however that if such proceeds be in notes or bills receivable, they shall not be so applied until paid, but with liberty meanwhite to the X.Y.Z. Bank to sell or discount and so apply net proceeds.

The X.Y.Z. Bank may at any time cancel this trust and they may take possession of said goods until the same have been delivered to said purchasers and the proceeds may then-be found and in the event of any suspension or failure or assignment for the benefit of creditors on my/our part or of the non fulfillment of any obligation or of non payment at maturity of any acceptance made by me/us under said credit or any other credit issued by the Guaranty Trust. On my/our account. Or of any indebtedness on my/our part to them, all obligations acceptances indebtedness and liabilities whatsoever shall there upon (with

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