TO ALL WHOM IT MAY CONCERN:

Whereas, John Doe, doing business at No. 1125 East 55th Street, Chicago, 111., is indebted to us, the undersigned creditors, in divers sums of money, set opposite our respective names, but by reason of losses, he has become unable to pay and satisfy us of our full debts, and, therefore, we have resolved and agreed to undergo a certain loss, and to accept twenty-five cents for every dollar owing by him to us, to be paid in full satisfaction and discharge of our several and respective debts, and in manner hereinafter set out.

Now, therefore, we, the undersigned creditors of said John Doe, in consideration of one dollar to us in hand paid, and of the covenants and conditions herein contained, do severally and respectively covenant, compound, and agree to and with the said John Doe, and with each other, that we will accept of and from him for each and every dollar that he owes and is indebted to us respectively, the sum of twenty-five cents, in full discharge and satisfaction of the several debts and sums of money that he owes and is indebted unto us respectively, to be paid to us respectively in cash.

And we further agree with said John Doe, in consideration aforesaid, and of the payment of the said amounts to each of us respectively, that we will and do hereby forever release and acquit him of all his indebtedness to us, and to each of us respectively.

This agreement is not to be binding until signed by five-sixths (5-6ths) in value of all the unsecured creditors of said John Doe; but when signed by creditors to said amount, then this agreement is to be binding, and then said amounts are to be paid to said respective creditors so signing this agreement; Providing, however, that this agreement be signed by said amount within thirty days from the date hereof.

Dated at Chicago, 111., this fifteenth day of January, Nineteen Hundred and Fifteen.

In witness whereof, we have hereunto set our names, and the amounts of our respective claims.

THOMAS SMITH, $1,000.00 ROBERT GREEN, 1,000.00 HENRY ROE, 750.00

HIRAM ALLEN, 800.00