• Reference
    HF41/2/18/1
  • Title
    Affidavits by Annie Amelia Powers and Mary Louisa Powers of Biggleswade, spinsters
  • Date free text
    18 Mar 1885
  • Production date
    From: 1884 To: 1885
  • Scope and Content
    in case regarding Estate of Charles Powers deceased between Annie Amelia and Mary Louisa Powers as above (plaintiffs and George Race v. T J Hooper and H E Powers (defendants) summarises Will of Charles Powers stresses clauses regarding 4 sums of £6000 upon trust to apply yearly rents, dividends, interest and proceeds of which Annie Amelia and Mary Louisa were entitled to benefit from trusts for £6000 each. Investment be in a) Government Stocks or Funds or b) in purchase of or at interest on mortgage of freehold, copyhold or leasehold securities in Great Britain, c) purchase of Railway Debentures in Great Britain Edward Thurlow Leeds Smith (Annie Amelia and Mary Louisa Powers’ solicitor) lists lands did receive income from Trust funds of £6000 each. after Will after 6 or 7 years arrangements made between Trustees and 2 brothers, H E Powers to carry on firm as C Powers and Company and use and occupy the mills. business attended with disaster. E F Powers, cousin in charge at South Mills, Blunham, bankrupt (reference to Bedfordshire Times 14 March 1885 which reports public examination) “a very large amount is due to the aforesaid Bank of Wells, Hogge and Lindsell, creditors... of Powers and Company (whether or how secured we are unaware) business... presumably being carried on by or under the direction of the Bank” “our respective legacies of £6000 and £6000 not having (so far as was ascertained by us or on our behalf) been set apart and separately invested in accordance with the trusts of the testator’s Will and not being satisfied with the aspect of affairs relating to the testator’s residuary estate and as to our respective legacies...” instructed solicitor Edward Thurlow Leeds Smith to write to T J Hooper Correspondence starts 30 July 1884 Unsatisfactory state of affairs of H E Powers finances, can not be seen as being appointed Trustee in their favour. According to letter of 13 June 1884 for T J Hooper it appears their legacies charged erroneously with charges of appointment of H E Powers as new Trustee. No deeds for investment of £6000s apart so as to protect them if residuary estate of C Powers deceased is insufficient to meet demands made in it. no information on whether Wells, Hogge and Lindsell have any mortgage on residuary real estate not satisfied regarding its safety
  • Level of description
    item