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[[preprinted]]
YACHT CHARTER AGREEMENT

Memorandum of Agreement made this ^22nd]] day of ^[[February]] 19^[[56.]] by and between:-
OWNER or Owners Agent (state which)
NAME & ADDRESS ^[[V.E.B. Nicholson & Sons  Owners agents
P.O. Box 103 St. Johns Antigua B.W.I.]]
herein called the Owner.

AND

NAME & ADDRESS ^[[Smithsonian Institution
Washington 25 D.C. U.S.A.]]
Herein called the Charterer.

NAME and description of Yacht ^[[Twin diesel schooner FREELANCE]]
Number in the party ^[[Eight maximum or by arrangement]]
NAMES OF MEMBERS IN PARTY ^[[Not specified]]

WITNESSETH:

1. In consideration of the covenants contained, the said Owner agrees to let and the said Charterer agrees to hire the above described Yacht.
FROM Midnight 12th March 1956 TO Midnight 19th April 1956  
Daily rate $135.72 U.S  No. of days 38  Total Fee $5157.36 U.S.
Port of Embarkation Port of Spain, Trinidad
Port of Debarkation St. Thomas or St. Croix
A deposit of $1,000 U.S. shall be paid on the signing of this Agreement  Payments and the balance thereof in advance payments as follows:- On or before the commencement of the cruise.
   2. The Owner agrees to deliver the Yacht to the Charterer in full commission and in proper working order.  outfitted as a Yacht of her size, type and accommodations, with full equipment, and fully furnished, including china, linen, glass, and silverware: staunch, and clean and in good condition throughout and ready for service: and agrees to allow demurrage pro rata to the Charterer for any delay in delivery.
   But should it be impossible for the Owner to make delivery as stipulated through causes beyond his control and should such delivery ne not made within two days thereafter then this Agreement may be cancelled by the Charterer, and any Charter money paid in advance shall be returned to him.
   3. The Owner agrees to provide the Yacht with a proper crew and pay their wages during the term of charter.  It is agreed that the Charterer shall exercise control over the Yacht, but it is understood that the Master is in full command, and the Charterer agrees to depend upon the Captain for the safe navigation of the vessel, and to abide by his judgement as to sailing, weather, anchorage etc. at all times.
OWNER The Hon J.M.W. North
      North Marine & Industrial Consultants Ltd.
      Clifton House.  Euston Road.  London N.W.L.