Bedfordshire Archives Service Catalogue
  • Reference
    X95/292/44
  • Title
    From: William Bigg, London & County Bank; To: Thomas Sworder, Hertford
  • Date free text
    25 Oct 1862
  • Production date
    From: 1862 To: 1862
  • Scope and Content
    From: William Bigg, London & County Bank, Luton; To: Thomas Sworder, Hertford "I much regret that my application on the subject of the dividend money should have given you pain. Apologizing for whatever may have been amiss in the writing or manner I would also explain that I was somewhat taken by surprise to find you had received the cheque (which of course came in to our Bank and was duly honoured) insomuch as the amount of our own claim was not & is not even yet finally agreed to by the guarantors. I have now to acknowledge with thanks your enclosure of the two Promissory Notes of the guarantor amounting together to Two Thousand & sixty eight pounds 15/-. I shall be very glad to give every assistance in my power to make the most of all securities in which you are interested after the Bank. As to Medland & Sworder's P.Note the original was given many years before your guarantee & agreement were entered into and the securities were also liable to that obligation prior to the secured charge on them to yourself which has no force until all your nephew's liabilities at the Bank are discharged. Mr.Medland has given me authority to accept the div of 5/- of the estate of T.Sworder & Co. The parties who are indebted to the Bank through T.Sworder & Co are the following: Mr.Medland £1,200 To reduce by div on T.S. & Co £300 [Total] £900 Franklins Dunstable £200 To be paid & security taken up by the guarantors Late Thomas Bigg £200 Secured by dept of deeds Exor Mr.J.Sherlock Luton Mr.Puddephatt Luton £146.3.8. Insolvent John Stanner Kensworth £290 endorsed by W.Medland Security piece of ground attached to Globe, Dunstable with you & lease of Brickyard not at present found John Clare Leighton Buzzard £546.17. [unreadable word] overdue pmt states he paid Mr.Medland who sold the securities held by T.Sworder I have a letter from Mr.Charles Sworder stating he is desirous of taking the deeds of the Dowlais Brewery but that he cannot at present find £1000 to do so. I do not think the Directors would consent to advancing him that sum on the deeds unless with some additional security and I do not know whether you would relinquish your second claim on them for that sum. Would it meet your views to make proposals for taking to the whole of the securities we hold & paying off the bank altogether? If so I should be glad to lay your offer before the Directors though I have no reason to think any large abatement of their claim would be consented to nor have I in any way opened the subject with the board. It arises out if your expression of a hope that some consideration should be shewn toward your case"
  • Level of description
    item
Hierarchy browser