Bedfordshire Archives Service Catalogue
  • Reference
    HF40/1/3/38
  • Title
    Original Bundle of correspondence regarding sale of Biggleswade Brewery
  • Date free text
    7 Nov 1898 - 9 Aug 1899
  • Production date
    From: 1898 To: 1899
  • Scope and Content
    including letter A Thomas etc. to T J Hooper George Winch will purchase wants minor amendments a) 5% deposit rather than 10% to avoid selling securities “which are rather depressed at the moment” b) no interest payable till end of year c) £80,000 only a safeguard – may not need all of it Winch will accept A Thomas as sole valuers 7 Nov 1898 Copy of letter, George Winch accepting offer of £135,000 (with £80,000 condition above) Completion on 30 December 1898 7 Nov 1898 Frederick Archdale to T J Hooper good sale glad to see some properties not included in sale – will help pay expenses, any chance of Winch giving George a berth? Nov 1898 From Capital and Counties Bank to Hooper glad to hear of sale – hopes they will help keep the Bank Account 17 Nov 1898 Same to Same George Winch promoter of Soulby Sons and Winch of Boston who bank at Boston and Alford, Branches of above Bank 18 Nov 1898 Letter, F Archdale to T J Hooper hopes not ungrateful to T J Hooper when sold property at such a good price, was “suffering from a bad fit of depression” Oct 1898 Letter; Wells and Company to T J Hooper Franklin’s house adjoining bank – yearly tenancy Michaelmas £30 rent last year’s rent not paid yet 14 Dec 1898 Archdale to Hooper George pleased at prospect of being Director of brewery supposes Thomas and Company will have to do valuations. “I do not much fancy them” 16 Dec 1898 Correspondence regarding lost deed of Osborn Arms, Shefford 11 Oct 1869 Copying deeds, making valuations etc. and queries of Counsel Letters with A Thomas arguing over commission charge Letter, George Winch, Chatham details of payment for brewery 30 May 1899 Letter, Duffield and Bruty of 40 New Broad Street, London EC (acting for George Winch) to Hooper and Company understand Hooper’s clients admit £445..5s liability as to licenses paid by vendors as rentals expected by George Winch not realised, entitled to compensation as to ¼% on £44,000 understood it was to be 4% rate inserted in agreement from the Company unfair to pay client 4½% and only get 4% from the Company suggest accept offer 4½% on balance paid on completion c.£55 understood clients who had money in business would be glad to leave it in at 4% - in fact £50,000 debenture stock taken up by them. As to ¼% on Union Mortgage: your clients saved 6 months interest in lieu of notice in consideration of that Winch was to be allowed ¼% for year. suggests refer to Peyer of all matters including amount to be allowed Winch regarding National School playground at back of White Hart, Biggleswade and piece of land “the Spectacles” and amount to be allowed your clients on the Clifton rent 26 Jun 1899 Attached draft reply by T J Hooper Winch bought properties and did not raise question of rents – own valuer saw the books. Winch agreed to postpone completion till Hooper back from holiday but on prospect of profitable deal with Walker, forces completion before Hooper’s return. Many of the rents increased by Winch ¼% on £44,000, gave Winch benefits of treating whole sum as 4¼ instead of £40,000 at 4% £44,000 at 4½% (contract says 5%) At meeting with Winch acting for Company and not clients Offers to pay the £55 out of his own pocket. Clients had tried to delete clause regarding leaving money in business at 4% and would not leave money on debentures in it. Entirely owing to Hooper, members of family have left money in the business 1899 Letter, Duffield and Bruty to Hooper require £444..5s [of which £29..13s..9d refers to common rights etc.] Peyer did go down to inspect books at request of Winch to cursorily look to see if profits claims could be substantiated did not check sale particulars or go through rents would have put off sale if Fletcher (described here as Hooper’s managing clerk) raised objections increase in rentals great incentive to purchase, yet been less increased than led to expect “already been obliged to decrease rents or take none at all for a time” to get a tenant. ¼% on £44,000 personal therefore will not press. still arguing re paying off Union Society Mortgage suggests Peyer to umpire – but Daniel Watney or Tewson would do 1 Jul 1899 do get there £444..5s Letter, Duffield and Bruty to T J Hooper uses William Graham’s legal opinion to suggest Hooper moral obligation to make allowances to purchaser. Still arguing whether delay to Winch’s advantage or to Hooper’s clients. still arguing regarding ¼% Claims saved Hooper’s clients having to pay it to Union Society. Winch claims if he took on the mortgage, then would be allowed ¼% for one year Winch leaves up to the conscience of Hooper’s clients 9 Aug 1899
  • Exent
    1 bundle
  • Reference
  • Level of description
    item
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