Agreement For The Removal Of Stock For Better Protection
This Memorandum Witnesseth:
That whereas, the stock described as insured by
policies issued to_Royal-Aire Manufacturing__________________________________
has been damaged by fire, water, or other casualty occurring on or about the:
Month_____January__ Day_____15_________ Year___2010________
Whereas, it is to the benefit of all who may have an interest in the stock contained in building
located at ____________Main Steet USA _______________________________________
that same be handled with as little delay as possible without waiting to determine the respective ownership, interests, or liabilities under policies purporting to insure same.
It is hereby mutually understood and agreed that all remains of said stock shall be turned over to Startz Insurance Salvage to be put by them in the best possible order and sold in the interest of whom it may concern. The proceeds of such sale less the Salvage Company’s expenses (which shall include necessary travel expense and maintenance of the officers or agents of the company) of handling the same, plus __10__% commission on gross sales shall be held by them as Trustee until loss is adjusted and then turned over by them to the parties to whom said proceeds belong.
Sales Restrictions:
1.______________
None_______________________________________________________________
2.___________________________________________________________________________________
3.___________________________________________________________________________________
For the insured______sign here and fax to 405-573-0686_______________________
For the Insurance Company____sign here and fax to 405-573-0686_________________________
For Startz Insurance Salvage_____SIS___________________________________________________