I, the undersigned, do hereby subscribe for ten shares of the capital stock of the UNITED STATES TRANSIT CORPORATION, and waiving all necessary assessments, I agree to pay the said corporation for each of said shares the sum of One Hundred dollars ($100) in two equal installments, one of the said installments to be paid on the 1st day of December, 1914, and one on the 15th day of January, 1915, a certificate for the first of said shares to be issued and delivered to me when each of said installments is paid; all payments to be made at the office of the said company, and said certificates for the said shares to be delivered to me by said company.

WITNESS my hand and seal this 14th day of November, A. D. 1914.

________ JOHN DOE (Seal)

(41) Agreement To Deliver Stock Subscribed For

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KNOW ALL MEN BY THESE PRESENTS, That whereas, John Doe, hereinafter referred to as the Subscriber, has this day subscribed for ten shares of the capital stock of the United States Transit Corporation;

NOW, THEREFORE, in consideration of the premises, we, Gorham & Company, of the City of Chicago, State of Illinois, do hereby covenant and agree to convey and transfer or cause to be conveyed and transferred to the said Subscriber ten shares of the capital stock of said company, full paid and non-assessable, when he shall have paid in full for said shares of preferred stock subscribed for as aforesaid.

WITNESS our hands and seals this 14th day of November, A. D. 1915.

EDGAR GORHAM (Seal) HENRY GORHAM (Seal)

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