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I James S Holman trustee of the effects of A C Allen surviving partner of J K Allen decd. have this day employed Thomas M Bagby to act as agent for me for the term of twelve months, in transferring the management of all my duties as trustee to the said Bagby I shall demand of him his undivided atten=tion to the same as my agent he is to accept up to the injunctions laid down by me in my his memorandum Book for his special guidance in all transactions.
Now I James S Holman trustee afforsaid obligate myself to pay the said Bagby (or allow him to use property to pay himself, the sum of Two Thousand------dollars in good and lawful money for his services for the term of twelve months – now I the said Holman will agree to pay or allow Bagby to pay himself within the stipulated time of twelve months or at such times within the said twelve months as he Bagby thinks it most convenient this 1st day of June AD 1840
James S Holman
[?]G [?]A [?]ton [?]
A G Dickson