HF41/2/5/5

Release

1880

From: 1870 To: 1880

1) Hugh Edward Powers of Biggleswade, oil cake maker and miller George Powers of Biggleswade esquire (beneficiaries) 2) Trustees of Will of Charles Powers deceased recites Will Sophia Ann Powers had £200 in lieu of her portion of furniture, plate, linen, glass and household effects residue of £22,335..12s..2d: : £758..14s invested in purchase of £600 on mortgages £655 for calls on shares of testator (£500 in respect of 100 shares in Buenos Ayres and Eusenadd [Ensenada] Railway Company, £125 in Cambridge Building Society, £30 in10 shares in Norfolk Estuary) : South Mills, Blunham (destroyed 22 July 1873) : Stock in trade insured for £7,500, machinery for £1,200, fabric for £1,500 : Norwich Union Fire Insurance Society : Case Powers trustees v. daughters and Arthur Powers to decide if business could be carried on. Powers trustees are allowed to carry on business to rebuild mill, repurchase stock and machinery : Under policy receive £6,917 for stock in trade and £2,750 for fabric and machinery : Spent the money and an additional £3,693..6s (out of £22,335..12s..2d)) : Again destroyed by fire August 1876, rebuilt on a larger and more extensive scale, expend £6,935..11s 11d (out of £22,335..12s..2d) : Ultimate residue expended on carrying on the business. It is apprehended repurchasing stock and rebuilding South Mills and investing residue BREACH of TRUST : Death of Samuel Powers in 1870s Death of Sophia Ann Powers 1877 : pencil note add death of Thomas Powers : paid legacies of £3,000 set apart sums of £714..5s..11d; £150; £1.100; £500; £5,000; Total £7,464..5s 11d leaving £16, 535..14s..1d still to be raised : Hugh Powers 25 on 4 August 1878 George Powers 25 in January 1880 : Agreement to close Trusteeship so far as they were concerned real estate interest in reversion on £1,086..1s..10d Consolidated 3% Annuities £300 owing from John Powers stock in trade of business marked “No.3” (in pencil)

item

Hooper & Fletcher,
Powers, Hugh Edward,
Powers, George Walter,
Powers, Charles,
Powers, Sophia Ann,
Buenos Ayres & Ensenada Port Railway Company,
Cambridge Building Society,
Norfolk Estuary Company,
Norwich Union Fire Insurance Society,
Powers, Arthur Charles,
Powers, Samuel,
Powers, Thomas,
Powers, John

Hooper & Fletcher, buildings and land use, business, legal papers, BIGGLESWADE, miller, oil cake maker, trustees, wills, Charles will: Powers, money, PRIVATE FINANCE, mortgages, shares, Blunham South Mills, MILLS, BLUNHAM, FIRE, insurance, Norwich Union Fire Insurance Society, general legal process, building work, trade, DEATH, stocks, annuities