NOTE PAYABLE

                           NOTE PAYABLE

                           By and between
                International Mercantile Corporation
                              And
                     Red River Trading Company


This note payable is effective this 7th day of September, 1999, by and
between International Mercantile Corporation, a Missouri corporation
(the Buyer) and Red River Trading Company, Inc., a Maryland corporation
(the Seller).

Red River Trading Company has entered into a sales agreement with
International Mercantile Corporation for tangible personal property as
reflected in the attached xxxx of sale.  The total purchase price of
said property being $150,000.  Both parties agree to the following
payment terms:
        Annual Payment:   $25,000 plus accrued interest
        Interest Rate:    8.0% compounded annually
        Payment Dates:    January of each year, beginning January 2000.
        Term:             Six (6 ) years


All property is sold in as is condition.


For:     Red River Trading Company, Inc.  (Seller)


/s/Xxxxxxx Xxxxxx                                       ----------
By:  Xxxxxxx Xxxxxx, President                                Date



For:     International Mercantile Corporation (Buyer)


/s/Xxxxxxxx Xxxxxxxxxx                                  ---------
By:  Xxxxxxxx Xxxxxxxxxx, Chairman                      Date