Record

D3580 - Longsdon family of Little Longstone - [14th-20th Cent]
- C - Correspondence

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Archive Reference / Library Class No.	D3580/C/532
Title	23 August 1822 William Longsdon at London to James Longsdon, Longstone - after leaving James at Ashford got well to Manchester same day. Enquired about terms for mortgages - could not hear of anybody disposed to lend under 5% £200 were offered to writer at that rate. Little time may probably enable James to do better - though by borrowing this sum at 5% a material saving may be made. Would enable father's executors to propose to his creditors alternatives of 4% or being paid off. Mr Morewood thinks first step towards settling their father's affairs should be for James to get a release for his executors from all those people to whom his estate is indebted by giving James' own security instead of William's ie, James became their debtor in lieu of them, then James pays them off later as convenient. Few or perhaps none who would object to nominal change. Mr M will accept duty of active executor if necessary, but in meantime as an opening or power may be left in common to do this. Please let Mr Bossley know and that William can be ready to do needful on Tuesday next 27, in regard to proving, Mr M will with him undertake office of trustee for Kate and he thinks her and Bessy's property should remain in James' hands under security unless they require it to be paid, or James wishes to pay it off. Rate of interest should be regulated to times - say 5% first year and afterwards account owing to circumstances. Writer's idea, however, is that if James can dispose of Finch to Kate it would be to James own advantage and perhaps prevent future disagreement. Writer will leave London by Regulator on Sunday next and should be glad to have horse ready at Duke of York on Monday - could perhaps bring writer's bag back or part of its contents. Let him bring stamps with him.
Date	1822
Level	file
Repository	Derbyshire Record Office
Archive Creator	Longsdon family of Little Longstone

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