H.E. MOSS & Co. LTD
SHIPBROKERS
Memorandum of agreement
executed in duplicate the eighteenth day of August One thousand nine hundred and sixty seven BETWEEN THE CUNARD STEAM-SHIP COMPANY LIMITED whose registered office is at Cunard Building in the City of Liverpool (hereinafter called "Cunard") of the one part and THE CITY OF LONG BEACH a municipal corporation organised and existing under the laws of the State of California of Long Beach California in the United States of America (hereinafter called "City") of the other part.WHEREAS BY AN AGREEMENT DATED THE 26TH DAY OF July 1967 Cunard agreed to sell and City agreed to buy subject to formal contract the Quadruple Screw Passenger Steamship Queen Mary official number 164282 of 81,237 tons gross and 33,073 tons net class Lloyds + 100 A1 with freeboard (hereinafter called "the vessel" which expression shall include except as hereinafter appears the engines equipment furniture hard and soft furnishings and effects belonging to or allocated to the vessel including but not limited to the items appearing in the lists supplied with a letter of even date from Cunard to the City which are accepted by City as being substantially correct).
AND WHEREAS City intend to use the Vessel as a Maritime Museum and Hotel and/or Tourist Complex and not to employ her for trading at sea.
IT IS HEREBY AGREED AS FOLLOWS:-
(i) the Marconi Argus Radar
(ii) two Decca Navigators (TM829 and Mk 12)
(iii) the Echo-sounder (S.G. Brown Limited)
(iv) the Radio Direction Finder (Adsum 4)
(v) the Radio Telephone (IMR type 43/46)
(vi) the VHF Radio (CCY 9543)
(vii) all other Radio Equipment on hire from International marine Radio as specified in a letter dated 10th August 1967 from International Marine Radio Company Limited to Cunard.
5.
Provided always that no passengers shall be booked in the United Kingdom for carriage from the United Kingdom or Cherbourg to Lisbon or Las Palmas only.
(d)
For the purposes of sub clauses (b) and (c) of this clause, the expenses attributable to the delivery voyage shall include (i) the cost to Cunard on the basis of Las Palmas prices of all oil bunkers on board the Vessel at the commencement of the delivery voyage (ii) the cost to Cunard on the basis of current contract prices at Southampton of all stores and provisions on board the Vessel at the commencement of the delivery voyage and (iii) the actual cost to Cunard of all oil bunkers stores and provisions supplied to the Vessel during the delivery voyage it being agreed that the oil bunkers stores and provisions remaining on board at the end of the delivery voyage shall be and become the property of City.
6.
7.
On delivery of the Vessel to City at Long Beach in the condition specified in clause 1 hereof and on discharge of the mortgage referred to in clause 11 hereof Cunard shall deliver to City a bill of sale transferring the Vessel free from encumbrances to City
8.
Should the whole of the purchase price for the Vessel not be paid by City to Cunard within 48 hours of the time herein stipulated the Vessel may be resold by Cunard by public or private sale and the cash deposit paid by City under clause 4 hereof shall be forfeited to Cunard. City shall be liable for all loss and expense arising from such resale and such damages as may be proved by Cunard to have resulted from the non-fulfillment of this agreement by City provided however that credit for the said deposit shall be given against any such loss expense and damages.
9.
From the date when the whole of the purchase price is paid to the date of the delivery of the Vessel Cunard shall after consultation with City manager insure and keep insured the Vessel:-
10.
11.
As security for any sum which may become payable by Cunard to City under this Agreement Cunard shall upon payment by City of the whole of the purchase price of the Vessel execute in favour of and deliver to City a first statutory mortgage on the Vessel in the form of the draft agreed between the solicitors to the parties.
12.
Cunard shall be responsible for paying and discharging all debts, claims and liens of every description arising or accruing before the delivery of the Vessel to City at Long Beach as aforesaid.
13
City hereby undertake that after the delivery of the Vessel to them they will not use the Vessel herself or permit her to be used by their successors in title for trading at sea.
14.
After the date of this Agreement Cunard shall permit not more than six representatives of Coty to live on board the Vessel frr of any charge for transportation, food or accommodation.
15.
The name "QUEEN MARY" is attributable to the vessel and so far as concerned Cunard authorises City to continue to use the said name upon the Vessel. Cunard hereby assign to City all their right, title and interest (if any) in the said name by way of copyright, trade mark, trade name or secondary meaning. Provided nevertheless that Cunard reserve the right to use the said name upon any of their existing or future vessels.
16.
Each of the parties hereto hereby undertakes with the other to execute such documents and do all such things as may be necessary to give effect to and complete this agreement.
17.
Any dispute between the parties hereto arising under this Agreement other than a dispute of the kind referred to in the next sentence of this clause shall be referred to arbitration in London under the provisions of the Arbitration Act 1950 or any statutory modification or re-enactment thereof. Any dispute arising under this Agreement after the delivery of the vessel to City in respect of the condition of the Vessel or in respect of the equipment or effects included in the sale of the Vessel shall be referred to arbitration in Long Beach. In both instances a single Arbitrator shall be appointed by the parties. If the parties cannot agree on a single Arbitrator, they shall each appoint an Arbitrator and the Arbitrators so appointed shall in the event of a disagreement appoint an Umpire. The award of the single Arbitrator Arbitrators or Umpire shall be final and binding on the parties hereto and may for the purpose of this Agreement be made a rule or Judgment of Court.
18.
This Agreement shall be construed and take effect in accordance with the laws of England
As WITNESS the hands of the parties the date and year first above written.
WATNEY COOMBE REID & COMPANY LTD.
2 Crew Bars
Watney's Extractor head for Beer Drums 1 in each bar
Beer Drums the property of the brewery suppliers Courage Barclay Ltd; Watney Coombe Reid & Company Ltd and Allsop Ltd.
(this part probably added before signing?)
Signed by Basil Smallpeice
On behalf of the Cunard
Steam-Ship Company Limited
In the presence of
(Various signatures)
Signed by Robert H Fulton
Special Assistant to the
City Manager on behalf of
The City of Long Beach in
The presence of
(Various signatures)
Approved as to form
Leonard Putnam
CITY ATTORNEY
City of Long Beach
Eighteenth August 1967