• Reference
    HF40/1/3/37
  • Title
    Original Bundle of correspondence regarding sale of Biggleswade Brewery
  • Date free text
    16 Apr 1898 - 24 Oct 1898
  • Production date
    From: 1898 To: 1898
  • Scope and Content
    includes W W Hay to Hooper and Company Can’t understand misunderstanding Clients very satisfactory interview with Hooper and Company 16 Apr 1898 Letter, Frederick Archdale to T J Hooper Orde not likely to sell brewery – not sure if there are any enquiries still – great mistake not to let it go at the auction 19 Apr 1898 Letter, Thomas etc. to Hooper and Company “inundated with a constantly increasing stream of enquiries as to the Biggleswade Brewery by touts, company promoters and the like”. Various statements that commission notes are in existence – Pridham seen one in possession of a Mr Hay, which promised 4% if sold for £150,000, 3% £145,000 and 1% for £140,000. renews suggestion Thomas etc. should approach Fordham again for £130,000. Mr Blandford would take guarantee profits 8000 +. 3 May 1898 Letter from A C Pridham 48 Gunton Road, Upper Clapton, London to Hooper been given particulars by Hay, introduced it to J T Power of 54 Green Street, Hyde Park. J T Power called brewery – great difficulties in purchasing on particulars given. Hay also given name of G Davis, solicitor, both “firm” buyers if can get short particulars they require. A C Pridham cousin to W W Marks, solicitor of Bedford 4 May 1898 On letter of 5 May 1898 pencil notes regarding letter from C S Lindsell if Fordhams still want the brewery, offer must come from them – take brewery off market as no genuine offers Letter, Edgar Morris, 84 Park Street, Grosvenor Square, London W. to Hooper and Company offers £125,000 refused 7 May 1898 Letter, Johnson and Dowdney 30 Moorgate Street, London EC gather net profit is only £6,660 viz. beer sales 8600 barrels at 12s, profit £5160 spirits 5000 gallons at 4, profit £500 yearly rent roll of £2641..4s i.e. total income c. £9301 unreasonable price because would show just under 7% profit 8 Jun 1898 About this time R Edwards of 72 Mark Lane, London interested (O J T Gibson introducing him) Thomas etc. to Hooper and Company Huggins, large London Brewery had been interested 16 Jun 1898 Letter, A Thomas etc. to Hooper and Company “Mr George Winch, a solicitor, Chatham, who is well known to us as a very substantial man is desirous of purchasing a brewery for a son”. George Winch staying at North Bank, Sea View, Isle of Wight will inspect the brewery 20 Aug 1898 George Winch, Chatham wants to make an offer – would like 10 day delay in sale elsewhere to enable him to meet Peyer 8 Sep 1898 Copy of letter from George Winch to A Thomas cannot give £135,000 with report £7500-£7600 profits per annum amalgamation scheme of our concern hangs fire – would have meant no need to borrow. great reluctance in declining purchase 13 Oct 1898 Letter, Frederick Archdale to T J Hooper not like to take less for the brewery than offer made at the auction £132,000 as it was near the reserve price unless get very good price could not afford to sell “as it is difficult to get a decent rate of interest for money now” suppose Thomas and Company would want heavy commission, sorry Morgan cannot pay wonder how far Winch was prepared to go beyond £125,000 19 Oct 1898 Letter, A Thomas, T J Hooper George Winch called practically arranged to amalgamate his family brewery at Chatham, Kent with another concern and issued in company form Winch offer of £125,000 subject to valuation of stock book debts etc. and provided vendors leave £80,000 on deposit for up to 12 months 24 Oct 1898
  • Exent
    1 bundle
  • Reference
  • Level of description
    item