Manufacturing plants, inducing location.

The _________ Club of _________, realizing the necessity of locating manufacturing industries in City of _________, in order to continue its prosperity and build a larger city, is using its influence and its officers and members are putting forth great efforts to induce manufacturing industries to locate in and adjacent to the City of _________; and

We, realizing that it is impossible to locate good substantial industries without giving to them bonuses or financial assistance, and further realizing that the benefit that will accrue to the business and property interests in the City of _________, by the location of additional manufacturers in and within the vicinity of the City of _________:

We, whose names are signed below, do each for himself and herself here agree to pay to the _________ Club of _________ that portion of all amounts by it agreed to be paid to all manufacturing industries that it may succeed in locating in or in the vicinity of _________, within _________ years from the first day of _________, _________[date], set opposite our respective names, provided that the sums so donated shall not exceed $_____ in any one year, these sums to be payable as _________ Club may designate, but never more than _________ percent of the subsidy granted any one manufacturing concern to be payable in any period of _________ days, and in the event of the death of the subscriber or his or her removal from _________, the subscriptions made by him, her or them, shall be null and void from the date of death or removal. It is here further agreed by the subscribers that if in the location of any manufacturing industry, any amount shall be by them repaid to the _________ Club, it shall have the right and is here empowered and directed to use the same in the location of any other manufacturing industry it may desire. The sums so subscribed by us are payable without any relief from valuation or appraisement laws of the State of _________.

Witness our hands on this date, _________[date].



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