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GUILFORD COUNTY.

This agreement made this the [blank] day of [blank] 1903,
between J. J. Welch and Elizabeth Welch, his wife, parties of
the first part, and Charles Scarratt, party of the second part,
all of the State and County aforesaid;

WITNESSETH, that the said parties of the first part in consider-
ation of the agreements and covenants hereinafter mentioned, to be
fulfilled by the said party of the second part, doth hereby demise
and lease to the said party of the second part, his heirs or
assigns, for a period of [blank] years, to commence on the first day
of April 1903, the following described business house in the city
of High Point, North Carolina, and more particularly described as
follows: The ground floor, or store-room, in the Stanton-Welch
block, located on Main Street and adjoining the Post Office.

TO HAVE AND TO HOLD THE SAME, with all privileges and appurten-
ances thereunto belonging, to the said lessee, his heirs or assigns,
for the said period of [blank] years, upon the following terms and
conditions: The annual rent during the said term will be three
hundred and sixty dollars ($360.00), which the said lessee agrees
to pay monthly. The lessors agree that the lessee shall enjoy said
premises during said term, free from the adverse claims of any
person, and the lessee agrees to make no un-lawful or offensive
use of said premises. If the building should be destroyed or
rendered unfit for occupancy by fire or other casualty during
said term, this lease shall then and there terminate.

Witness our hands and seals this the [blank] day of [blank] 1903
[blank] (SEAL)
[blank] (SEAL)
[blank] (SEAL)

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