Debts of corporation with collateral undertakings by stockholders. Agreement made this _________, 19__, between _________ and _________, of _________, guarantors, and the A company and B and C and D. A company and B, C, and D as stockholders of it, are engaged in the business of conducting a flouring mill and are erecting an artificial ice and cold storage plant in _________, and expect to conduct a business of a flouring mill, the manufacturing and sale of artificial ice and a cold storage plant. A has already invested in it about $_____, and it will be required and become necessary, to complete the artificial ice and cold storage plant, to obtain a line of credit for about $_____, and A desires to borrow that sum, or as much of it as may be necessary to complete _________. Therefore, parties of the first part agree to sign as security for A to such persons or banks as loans may or can be made from, for A, for sums not to exceed $_____ in the aggregate, and continue as such security and carry the loan for a period of not to exceed two years, upon the following terms: 1. B, C and D are to satisfy guarantors that they have already invested $_____ in the business, and that the business is free from indebtedness. 2. A shall elect guarantors directors of A, these two with _________ to constitute the board of directors of A, and place their stock in A in the hands of a trustee to be voted by trustee for the reelection of first parties as directors of A for and until all the loans, upon which first parties are security, are paid and satisfied in full. 3. First parties are to be given a first lien upon all the property, both real and personal, of A as security to indemnify them from any and all liability incurred by them on account of their becoming security for A. 4. In the event of the property of A not being sufficient to pay any and all of the indebtedness upon which first parties have become liable as security for it under this agreement, then D agrees to pay any liabilities that the property of A is not sufficient to pay, and save and protect guarantors from any liability by reason of becoming security for A. 5. B and C agree that they will give their services to the work of A until any and all liabilities upon which first parties have, or may become security for A, shall be paid in full, or guarantors released from them, and that they will not make a charge against A for the work, or draw from them to exceed $_____ per week, each, for the services until they and all loans upon which guarantors are liable are paid in full. 6. It is agreed that for and during the time first parties are liable as securities for A upon any such obligations, they are to have control of A and the services of B and C in it, and upon the payment of the loans, and of release and discharge of first parties from any and all liabilities, the first parties agree to turn over to A and _________ all control of the property and all rights or interests that they may have in it.