The Southwestern Historical Quarterly, Volume 31, July 1927 - April, 1928 Page: 225
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A History of the J A Ranch
AGREEMENT BETWEEN JOHN G. ADAIR AND CHARLES
THIS AGREEMENT MADE and entered into this 18th day
of June, A. D. one thousand eight hundred and seventy-seven,
between John G. Adair of Ireland, party of the first part, and
hereinafter in this agreement designated as the said Adair, and
Charles Goodnight of Colorado, party of the second part, and
hereinafter in this agreement designated as the said Goodnight.
WITNESSETH-The said Adair for and in consideration of
the premises and agreements made by the said Goodnight and
hereinafter expressed on his part, agrees that he will invest in the
business of cattle raising, as hereinafter stated, a sum of money
to be expended by the said Goodnight as the general and active
manager of the business aforesaid, also that the said Adair will
pay to the said Goodnight for his services as such manager a salary
of twenty-five hundred dollars per year.
And the said Goodnight for and in consideration of the prem-
ises and agreement of the said Adair, on his part promises and
agrees that he will act as and faithfully perform the duties of
resident and active manager of said business for the said Adair,
and that he will reside exclusively at the ranch a place where the
said cattle business shall be carried on, and give his entire time
and attention to the duties of such business, not engaging in busi-
ness of any other kind; also that the said Goodnight will keep the
cattle belonging to the said Adair marked or branded with the
brand of the said Adair, which said brand shall be a letter J and
and open A, which said brand is here given as near as can be,
namely: "J A". And the said Goodnight also agrees to keep all
necessary and proper accounts of all business which he shall do as
manager, and all the transactions relating to said business, in-
cluding the number of cattle purchased from time to time, the
number of calves which may be branded, and to send at the eid
of each two months to George W. Claton of Denver, Colorado.
And the said Goodnight also agrees that during the time of the
continuance of this agreement that he will not sign or endorse any
notes, or otherwise become liable for any person or persons whomso-
And it is further understood and agreed by and between the
said parties that the agreement and the business thereunder con-
ducted shall continue for a period of five years from date hereof.
PROVIDED NEVERTHELESS that if from losses sustained in
said business or a want of success in the prosecution of the same,
the said Adair should desire to terminate it sooner, he, the said
Adair shall have the right to do so. It is also understood and
agreed that at the termination of said agreement or at any time
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 31, July 1927 - April, 1928, periodical, 1928; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101088/m1/243/: accessed December 16, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.