• Reference
    X979/1/12
  • Title
    Copy deed of confirmation of accounts and declaration of trust
  • Date free text
    1 Dec 1847
  • Production date
    From: 1847 To: 1847
  • Scope and Content
    Copy deed of confirmation of accounts and declaration of trust Parties: (i) John Abbot of Ruxox, Flitwick, farmer; (ii) Jonathan Abbot, late of Flitwick, now of Harlington, farmer Reciting: - X979/1/6; - death of John Abbot the elder on 11 September 1846 and proof of his will in the Archdeaconry Court of Bedford on 15 April 1847; - after the testator’s death it was discovered that he had no power to make testamentary disposition of his real estate at Harlington as he was only in receipt of rents and profits as tenant as the property belonged to his son (i) as heir-at-law of his mother Mary Abbot, deceased and the estates at Harlington were then sold by (i); - the testator occupied two farms at the time of his death, one at Flitwick and the other at Harlington; - after the testator’s death certain of his goods and farming stock were put up for sale by his sons (i) and (ii) by public auction and the remainder of the household goods divided by (i) and (ii) following a valuation [X979/1/9]; - (i) and (ii) had discharged their father’s debts; (ii) had paid a legacy of £150 to his sister Mary Godfrey; (ii) had invested, in his and (i)’s names, a further £150 in £167/12/- stock in reduced £3 per cent annuities in trust for the Elizabeth Abbot, their sister-in-law and the children of their late brother Thomas; (ii) deposited £50/14/9, in a joint account with (i), with Bassett Grant Basset & Company, bankers of Leighton Buzzard to answer a legacy of £50 bequeathed to their sister Beatrice Gibbons plus interest; - (i) and (ii) had made up an account of their father’s personal estate and a general account including the sale of lands in Pulloxhill and Harlington, (i) having agreed to give (ii) £400 for a half share of the testator’s lands in Pulloxhill, being more than the share was worth as compensation for the estate at Harlington which was to be divided between them having belonged, in fact, only to (i); - the residue of the testator’s personal estate amounted to £2,226/2/½ reduced, after payment of expenses, to £2,173/19/10¼; - (ii) was indebted to (i) for £294/2/3½ after retaining his share of the residue and paying to parties entitled £14/14/6 and £56/1/11 making together £70/16/5 which, when added to the debt to John of £294/2/3/½ would make their shares equal; - that same day (ii) had conveyed his half share of the Pulloxhill estate to (i) for £400 [X979/1/12], though (i) had retained £294/2/3½ Operative Part: - (i) confirmed all receipts and payments etc. he and (ii) had received from the estate of John Abbot, deceased; - (ii) confirmed all receipts and payments etc. he and (i) had received from the estate of John Abbot, deceased; - (i) and (ii) agreed to mutually account for all sums received in respect of their father’s estate and to pay all sums becoming due; - (i) and (ii) agreed to meet any calls on the estate of John Abbot deceased in equal shares; - (i) and (ii) agreed to stand possessed of the £50/14/9 in trust to pay, with interest, to Beatrice, wife of John Gibbons (who is now resident in America); - (i) and (ii) agreed to stand possessed of the £167/12/- stock in reduced £3 per cent annuities to pay dividends to Elizabeth Abbot, their sister-in-law and, after her death, equally to the children of their late brother Thomas Witnesses: J. Eagles of Ampthill and John Green of Ampthill, solicitors
  • Level of description
    item