The History of "Punch"

by M. H. Spielmann

Ninth.

That all claims and demands in respect of the said Work (including those of the said Ebenezer Landells and Joseph Last for Engravings for and printing of the said Work) shall be sent in to and delivered at the said Editors Office on every Saturday Evening by Eight O'Clock at the latest that on every Saturday Evening after the date of these Presents at Eight o'Clock a Meeting shall be held of the several persons parties hereto at No. 12 Newcastle Street Strand or other the Office for the time being of the Editors of the said Work—at every of which Meeting shall be present at least one of the said Editors and one other of them the said Ebenezer Landells and Joseph Last and at every such meeting all claims and demands on and in respect of the same Work shall be audited and allowed by the parties present at such Meeting and the publisher of the said Work and all other persons shall attend at such Meeting and bring all monies which may since the last Meeting have been received in respect of the sale of the same Work or otherwise on Account thereof and pay the same over to the parties constituting such Meeting and such parties shall out of such monies in the first place pay all expences of Advertising, Cost of paper, salary to the publisher Rent of any premises necessary for conducting the said Work and all other incidental outgoings and expences whatsoever which shall have been incurred in respect of the said Work and which shall have been duly audited and allowed as aforesaid (other than those which shall be payable to the parties hereto as such Editors Engraver or printer as aforesaid) and then in the next place in paying to the several persons parties hereto all their claims and demands in respect of the same Work as such Editors Engraver and printer as aforesaid.

Tenth.

That in case the last mentioned monies shall not be sufficient to pay and satisfy the outgoings and expenses concerning the same Work (other than those which shall be payable to the parties hereto as such Editors Engraver and printer as aforesaid) then the deficiency shall be made good out of any monies which [may] be received on any subsequent Saturday or (if received) by monies raised from the sale of any of the assetts in respect of the said Work so that at no time shall any of the several persons parties hereto receive any money as such Editors Engraver or printer as aforesaid until all other claims and demands on and in respect of the said Work shall be fully paid and satisfied and in case the assets in respect of the said Work shall not be sufficient to pay and satisfy the outgoings and expenses concerning the same Work (other than those which shall be payable to the parties hereto as such Editors Engraver and printer as aforesaid) then the deficiency shall be borne paid and defrayed by the said Henry Mayhew Mark Lemon Joseph Stirling Coyne Ebenezer Landells and Joseph Last in equal proportions and in case the assets in respect of the said Work shall not be sufficient or no more than sufficient to pay and satisfy the claims and demands concerning the same Work other than those which shall be payable to the parties hereto as such Editors Engraver and printer as aforesaid then the said parties hereto shall not have any claim the one against the other in respect of any such claim or demand and in case the said assetts shall be more than sufficient to pay and satisfy the claims and demands concerning the said Work other than those which shall be payable to the said parties hereto as such Editors Engraver and printer as aforesaid but not sufficient to pay the entirety of the claims and demands of such Editors Engraver and printer then such Editors Engraver and printer shall be entitled to such surplus assetts by an equal pound rate according to the amount due to the said Editors at the rate of Twenty pound per Week as aforesaid and the amount of the respective Bills of the said Ebenezer Landells and Joseph Last as such engraver and Printer as aforesaid.

Eleventh.

That after all claims and demands in respect of the said Work (including those of the said Editors Engraver and printer as aforesaid) shall be fully satisfied the said Henry Mayhew Mark Lemon Joseph Stirling Coyne Ebenezer Landells and Joseph Last shall be entitled in equal proportions to the net gains and profits arising from the said Work to and for their own use and benefit absolutely such division of profits to take place as far as may be on the Saturday in which they shall be declared—And all the assetts in respect of the said Work after answering all claims and demands against the same shall belong to the last mentioned persons in equal shares and proportions to and for their own use and benefit absolutely.

Twelfth.

That the copyright of the said work including the wood and other cuts therein and the designs therefore shall belong to the parties hereto and so also shall all perquisites such as Books or other articles sent for review Tickets for Theatres Exhibitions and other places and all other things and matters incident to the said Work.

Thirteenth.

That in case the said Editors shall make default in supplying the said Ebenezer Landells with written suggestions in in breach of the clause hereinbefore contained numbered 3 then for every such default they shall pay unto the said Ebenezer Landells the sum of One pound ten shillings And in case the said Ebenezer Landells shall make default in delivering to the said Joseph Last the blocks in breach of the clause hereinbefore contained numbered 4 then for every such default he shall pay unto the said Joseph Last the sum of One pound ten shillings And in case the said Editors shall make default in supplying the said Joseph Last with matter in breach of the clause hereinbefore contained numbered 5 then for every such default they shall pay unto the said Joseph Last the sum of One pound ten shillings And in case the said Joseph Last shall make default in printing and delivering the numbers of the said work in breach of the clause hereinbefore contained numbered 6 then for any such default he shall pay unto the said Editors the sum of Fifteen shillings and unto the said Ebenezer Landells Fifteen shillings such payments to be respectively paid as liquidated damages and on the Saturday next after the defaults respectively shall have been made and may from time to time be deducted out of any monies which may be payable to the party making such default under any stipulation herein contained.