Legal document: ENA NS I.90

Description

Partnership release. Dated: 1091. Location: Fustat. Verso: Avraham b. Yeshuʿa ha-Kohen irreversibly releases Abū al-Faḍl/Abū al-Mufaḍḍal Netanel b. Yefet from any obligations concerning a partnership. Avraham had purchased two baskets of indigo and silk as an investment on behalf of his Alexandrian partners – the silk was damaged on its initial journey to Fusṭāṭ and Avraham liquidated it completely, settling the balance with Nathaniel and terminating the partnership. Abraham’s partners include Nathaniel’s mother and sister (see lines 23 and 27-31). The recto is another partnership agreement (for which the verso is possibly a draft), which reveals Abraham to be an investor (not the active partner), investing funds with Peraḥ/Peraḥya ha-Kohen, who also adds funds and takes the total to Damascus to import goods to Fusṭāṭ. The partnership is to last the duration of a single trip to Damascus, and Peraḥ is to receive half of the profits to Abraham’s capital as well as all profits to his own capital. Peraḥ is liabile for losses, as with the isqra. (Information from Lieberman, "A Partnership Culture", 65-66)