'
127
following extract from his letter under date December 27th addressed to his partner Mr Lyall
... he
says
had a
As I told you
last I my
· long chat with Paunceforte, the Attorney General, & his great idea was that Kayser of Kaye should be kept quiet here, so as to give every
chance at home, as so much depended upon that _ Pollard, who was " consulted two or three days after "the mail left by the two above
" mentioned Bankers, came to talk The matter over in a
friendly way
" and see what could be arranged, "so that these two Banks might say) they had made satisfactory arrange "ments with Lyall thee & C "Founceforte & Pollard eventually
" came to the conclusion that the
#
best thing that could be done would
be to give these two Banks a lien
"
on such property as I could m
" muster up
The two lawyers both
"considered that Kayser & Kaye were prst
of
entitled, the one legally the other morally, to be satisfied even at the expense of other Creditors, hereafter; and if things
came to
the worst, & if the document which I " have signed is proved to be illegal' by the other Creditors, as to all intents & purposes we were insolvent at the time, then "Kayser & Khaye have no advantage, & would not retain their bien. Kayser is supposed to " hold his as security for acceptance of the "drafts by Chalmers Guthrie 760. I havring "been unable to give documents, &f Kaye, for balance of account; in both cases hard.
having been paid one in
cash
one in consideration.
of my promising to do something which
"
" afterwards I was
was unable to
carry
outr
Messrs Lyall Thee 86 ? stood in the relation
?
Assignors in trust to the Manchester forms and
on this part of the case, judicial proceedings have taken place in order to establish the len on the goods by the Manchester firms, which
having proved unsuccessful steps are now being taken to appeal against the verdict to the Privy Council. ToThis brings
us to that stage where Lyall
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