Mr. Mahrous was a visionary and as a part of his vision to industrialize Beersheba, Mr. Mahrous made sure all his dealings were recorded.
In this document, we see a contract was entered into between three parties. A new company was formed on October 1st, 1963, between the second and third party. The contract outlined each of the party’s duties and responsibilities including asset and debt allocation.
The different contractual clauses were very detailed and covered a range of legal implications from the share of ownership to any release of liability. The document ends with the signatures of all three parties.
