Short answers, pulled from the story.
British adventurer Henry Westcar apparently discovered the papyrus during travels in Egypt in 1823 or 1824. German Egyptologist Karl Richard Lepsius claimed to have received the papyrus from Westcar's niece in 1838 or 1839.
German Egyptologist Adolf Erman purchased the papyrus from Lepsius' son in 1886 and left it to the Museum of Berlin. The scroll has been separated into three parts and fixed onto linen, cardboard, and wooden plates covered by glass panes using methyl cellulose.
The text contains five stories told to King Khufu involving magicians like Ubaoner, Djadjaemankh, and Dedi performing miracles for kings such as Nebka, Sneferu, and Khufu. Story No. 1 details a miracle by a lector priest in the reign of King Djoser while Story No. 5 describes Rededjet giving birth to three sons who become future leaders.
Lepsius never made the text public and stored the papyrus at home in his attic where it was found after his death. Public exhibitions have been documented at the Oxford Bodleian Library since the early 1860s but his name does not appear in any lists leading to speculation among British historians.
The first three stories are written in past tense with an old-fashioned style while the fourth and fifth stories shift to present and future tenses. The speech of Prince Hordjedef marks a transition from old dusty tales to contemporary form with clear distinctions between long time passed and most recently.