Nett profit,- see Journal,- seventy-five cents."

She completed the contract with no problems, but with the cost of a very rapid re-equipping and complete lack of understanding as to the economics of marine towage meant the nett profit from this first towing contract was only £7.00.

A proviso stipulated though, that should the working produce a profit (nett) of £10,000 a year, then be could at the beginning of any of the sub-terms enter as a partner and receive one-third of the nett profit instead of the aforesaid one-quarter; and to pay a third of the expenses.