HF41/7/2/4

Draft Agreement

1884

From: 1884 To: 1884

1) Charles Thomas [?Tower] Powers of Biggleswade and George Powers of Broom Hall, Southill, Partners in E.Powers & Sons. 2) F.Archdale, R.H.,C.S. & A.K. Lindsell Esquires (Wells, Hogge & Lindsell Bank) recites that 1) lately carried on a partnership under the style of Powers & Sons a) as Millers at Biggleswade, Holme, Stanford & Langford Mills AND at Albion Mills near Kings Cross, Middlesex b) as Farmers at Campton & Stanford Farms recites dissolution of partnership with E.F.Powers 2 July 1884 recites debts of £24,000 to 2) recites Bill of Sale by Edmund Frederick Powers of his furniture AND Conveyance of part of his property as a Mortgage, both in favour of 1), dated 2 July 1884 recites that George Powers carries on a business of his own as a Cornfactor in Bishopsgate, London AND also has an interest in a company called Ham Farm Brick Co [Faversham, Kent] recites a dispute over whether Albion Mills is the separate property of George Powers or part of the assets of Powers & Sons recites legal Action of 2) v 1) & E.F.Powers to recover the money. Arrangement arrived at between 1) & 2) a) E.F.Powers furniture to be assigned to Arthur Cooper as Trustee, as if he had been bankrupt on 2 July 1884 b) 2) to take over all the debts & liabilities of the firm of Powers & Sons c) Powers & Sons to carry on at the Country Mills & Albion Mills but no payment to be made above £150 without the authority of Cooper & Co. d) C.T. & G.Powers allowed £5 per week each. e) George Powers allowed to run Cornfactor's business and Ham Farm but under the supervision of Cooper & Co. f) Powers not to mortgage the property g) Powers to sign a Promissory Note for the amount of the debt. h) No further administration of the Will of Edmund Powers to be undertaken except as a result of a legal action by a third party (Phillips Promissory Note for £8000 deleted) i) 1) & E.F.Powers to get legal opinion on the ownership of Albion Mills. j) Cooper & Co to complete accounts; 1) etc to show all books etc as required (NB. The deed was prepared by Stibbard & Gibson and much amended by Hooper & Co)

item

Hooper & Fletcher,
Powers, Charles Tower,
Powers, George,
E Powers & Sons,
Archdale, Frederick,
Lindsell, Robert Henry,
Lindsell, Charles Samuel,
Lindsell, Arthur Knox,
Wells, Hogge & Lindsell,
Powers, Edmund Frederick,
Cooper, Arthur,
Cooper & Company,
Powers, Edmund,
Stibbard & Gibson,
Stibbard, Gibson & Company,
Hooper & Company

Hooper & Fletcher, general legal process, legal papers, BIGGLESWADE, Broom Hall, business, companies, Hogge & Lindsell Wells, miller, Biggleswade Mill, Biggleswade Holme Mills, Stanford Mill, Langford Mill, Kings Cross Albion Mills, York Road, farmer, Shefford Campton Farm, Southill Stanford Farm, debt, buildings and land use, household furniture, mortgages, cornfactor, Bishopsgate, Ham Farm Brick Company, trustees, BANKRUPTCY, money, wills, promissory notes, Hooper & Company