10/01/1973
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LEASE
THIS AGREEMENT made this 1st day of October, 19 73, between GAYLORD BROS., INC.,
a corporation organized under the la\vs of the State of New York, with its principal places of business at
7272 Morgan Road, Liverpool, New York and 29 North Aurora Street, Stockton, California, party of the first
part, hereinafter referred to as Lessor, and Monroe County Library
in the City of Key West, Florida , party of the second part, hereinafter referred to as
the Lessee.
Witnesseth that:
WHEREAS, the Lessor has obtained certain patents pertaining to Library Card Printing Machines,
and is engaged in the manufacture and exploitation of printing machines of the class covered by said
Letters Patents; and
WHEREAS, the Lessee is desirous of leasing one or more of said printing machines;
NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter COD-
tained, the parties do mutually agree as follows:
1. That the Lessor hereby leases to the Lessee, and the Lessee herebr hires from the Lessor, printing
machine(s) known as Gaylord Book Charger, Model B for the term 0 one (1) year from the date of
installation of said Machine(s) as hereinafter set forth by the Lessor at the Lessee's place of business (unless
such term shall sooner expire in accordance with any of the terms, provisions and conditions hereinafter
contained) at the yearly rental of $50.. 00 for each machine, to be paid by the Lessee to the Lessor
in advance upon the installation of said machine(s) by the Lessor.
2. Additional machines installed subsequent to the original installation will be subject to the terms
and conditions of this lease, effective as of the date of installation of such machine(s).
3. That the said machine(s) shall be delivered by the Lessor at its own cost and expense at the Lessee's
place of business (if within the Continental limits of the United States, except Alaska, otherwise to the port
of shipment) as hereinbefore set forth as soon as practicably can be done following the execution of this
agreement.
4. That the Lessor agrees, at its own cost and expense, to keep said machine(s) in good repair and
workable condition by making, when needed, all repairs thereto or by substitution of machine(s) within a
reasonable time from the receipt of notice by the Lessee of the need thereof; and to pay all charges and
expenses required in the transportation of said machine(s) or substitute machine(s) to and from said place of
business of Lessee (within Continental United States, except Alaska) that may be necessary to carry out the
provisions of this lease.
5. That title to the machine(s) hereby leased shall remain in the Lessor at all times and no interest in
or rights under Lessor's patents, other than as herein directly expressed, is created by this agreement which
is solely an agreement to rent and hire from the Lessor the machine(s) specified herein.
6. (a) That without the previous ,written consent of the Lessor, the Lessee shall not part with the
possession of the same to any person other than the Lessor, nor suffer the same to be removed from its
possession nor permit the same to be used by anyone except the Lessee and its employees.
(b) That this lease shall not be assigned, transferred, nor shall any sub-lease be made hereunder
without the prior written consent of the Lessor.
7. That so long as the said machine(s) shall be in the possession of the Lessee, Lessee shall be liable
for any and all personal property, use or similar taxes levied or assessed by reason of such possession and/or
use of said machine(s) by Lessee by the State, municipality or other governmental authori9' having appro-
priate jurisdiction. Lessor may, at its option, pay such tax and bill Lessee therefor or demand that Lessee pay
and discharge the same forthwith, and Lessee agrees to make payment of such bill or tax.
B. That the Lessor may from time to time, and during the regular business hours of the Lessee, enter
upon the premises of the Lessee wherein the said machine(s) may then be for the purpose of~amining and
inspecting sllch machine(s}. -
9. That the Lessee shall have the right to retain possession of the said machine(s) only so long as it
shall not be in default in any of the terms hereof.
10. That said machine(s), while in the possession of the Lessee, shall be use<l only by the Lessee for
the purposes for \vhich they are intended and in connection with the Lessee's business and;~the Lessee shall
take any and all reasonable precautions to protect the said machine(s) from damage or'loss.
(Continued)
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