-1.
LOC tra-
וד
--
に
To oinigo
**
་ !!
!pn (*)
Iwi (0)
.1-
:
403
to the Liquidators by Messrs Happin & Webb:-
"London Creditors consider forced sale is very bad
unless payment in full assured cable whet dividend is expected liabilitiee secured, unsecured, debtors, stock. What is the best offer you can get. Will endeavour to make other arrangemente".
On January 28th the Liquidators replied as follows: "All stock pledged Bank surplus insufficient unsecured
Creditors. If you have anything to submit, please do so it may lead to business. It soon may be impossible
to do the business".
On February 1st, after conference with the other Creditors, Mappin & Webb cabled the liquidators as follows; -
"Why font you reply our questions. Impossible submit alternative proposition without figures. Must know financial position, past results, particulars premises. Might support local Managers or form Company with their aseistent under our name and control ir prospects satisfactory and bank reasonable.*
On the same day Mappin & Webb wrote Messrs Lowe, Bingham & Matthews to the following effect:-
(1) That since November the Creditore had been waiting information and that after a lapse of two months no information had been sent to England as to the financial position, nor had they
No comments yet.
Private notes are available after approval.