Bedfordshire Archives Service Catalogue
  • Reference
    W1/6632
  • Title
    From: Samuel Whitbread I (not in his hand) To: Thomas Strong Mr.Whitbread's Compliments to Mr.Strong, from the great necessities of Miss Nesbitts has proposed to Mr.Balfour to take an Assignment of the Mortgage and pay it off, in order that the Mortgage may then be repaid him at 100 p.a. only and 50 Interest, then there will be 100 each to Miss Nesbitts and 100 to Mr.Titchbourne p.a. together 350 which is the income of the Estate and Mr.Strong and Mr.Balfour to consider how to accomodate the objections in Mr.Balfour's letter included. On Dorse: Opinion of Samuel Heyward of the Inner Temple. I do not think that the mode proposed by Mr.Whitbread can with safety be pursued by the Trustees. The Objections made by Mr.Balfour are certainly very weighty ones. I have turned in my mind many different schemes to give effect to Mr.Whitbread's generous intention of assisting the Miss Nisbetts & the following seems to me upon mature consideration to be not only the most simple, but the most safe of any. Let the Trustees go on in the regular performance of their Trust paying off the Mortgage, debts, Funeral Expences & Legacies with the rents & profits of the Estate, which I presume would be cleared in about 4 or 5 years. In order to facilitate this plan Mr.Whitbread may take an assignment of the Mortgage & after the Estate has been cleared the Miss Nisbetts or the Survivor may suffer a Recovery of their Moiety of the Estate (subject to the Annuity) & so have it at their or her own disposal. In the mean time Mr.Whitbread may without much risque advance them 100 a year for it can hardly be supposed that in so short a space as a 4 or 5 years both lives should drop & besides even that might be obviated by an Insurance, the expence of which ought to be paid by the Miss Nisbetts. After the Recovery has been suffered, to which the Trustees should be parties, they may give Mr.Whitbread a Mortgage of their Estate, or sell it to discharge the debts which may then be due to him. [Note: Samuel Heyward is probably Samuel Heywood, a barrister of 2 Inner Temple Lane, London]
  • Date free text
    10 Apr 1788
  • Production date
    From: 1788 To: 1788
  • Level of description
    item
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