Ref No: 165.1/15
1. The Swansea Improvements and Tramways Company of Donington House, Norfolk Street, Strand, London
2. Arthur Collins Burnley of 41 Coleman Street, London (the lessee)
1. allows 2. the exclusive privilege of displaying advertisements upon all tramcars worked by 1.
Term: 7 years from 29 Sep 1900
Payment: 2. will pay 1. £18 per car per annum for the average number of cars run daily during each quarter