Title: | [C.V. Lay?] Malvern, to Mrs. A. W. Smyth, Co. Tyrone. |
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ID | 425 |
Collection | Irish Emigration Database |
File | C. Victor/27 |
Year | 1910 |
Sender | C. Victor |
Sender Gender | male |
Sender Occupation | solicitor |
Sender Religion | unknown |
Origin | Upper Wyche, Malvern, Worcerstershire, England |
Destination | New Orleans, Lousiana, USA |
Recipient | Mrs Smyth |
Recipient Gender | female |
Relationship | business |
Source | Copyright Retained by Brendan O'Reilly, O'Reilly's Bar & Restaurant, Main St., Dromara, Co. Down. |
Archive | Original Held by Above Donor. |
Doc. No. | 9809097 |
Date | 29/8/1910 |
Partial Date | |
Doc. Type | LET |
Log | Document added by LT, 11:09:98. |
Word Count | 542 |
Genre | |
Note | |
Transcript | House of Representatives U.S. OFFICIAL BUSINESS - FREE C. V. [James?] M. C. Change of Address. On and after 3rd September, 1910 C. Victor Lay, Sir Isaac's Walk, Colchester, Essex. UPPER WYCHE, MALVERN, 29th August, 1910 Dear Mrs. Smyth, I have now had an opportunity of looking over the several papers. The proposition is a sad tangle with the many side issues and encumbrancres, but boiled down it practically resolves itself into this : - The property is worth probably 60000 dollars, possibly more, and is positively charged to the extent of 51000 dollars. I note that you propose going over to New Orleans almost at once, in fact by the first available boat. It seems to me that it will be folly for you to start without a full legal power of attorney from Dr. Smyth vested in yourself; anything short of this will make your action on arrival impotent. Now, it is always wise to face facts. Your whole difficulty seems to be lack of means. If you could put your hands on, say, œ500 to œ1000 it would be quite possible to enlist the services of a reliable London lawyer with pluck and initiative, but the man you want is in pretty wide request, and he would never take the matter up unless he knew for certain that he would be provided with the necessary funds. This is the clear view of a friend of mine with whom I chatted over the matter. I am bound to say, what I cannot understand is this, that your relatives, who are wealthy and have large resources, are not prepared to come forward and help you. The proposition on the face of it is not an insolvent one. You are positively offered a margin over and above the fixed charges, and therefore as a matter of business, irrespective of sentiment, they might, one would imagine, find the 41000 dollars necessary to free the encumbrances and take a first charge. Can you not, on your arrival in America, see them and out the matter clearly before them, but if they decline and you find there is no solution of the difficulty, I think you would be well advised to make the best terms you can, and clear out. You will say that this is a weak thing to do, and that the line of least resistance is always open to one, but I would say to you, weight the matter up and look at your weak factors. You have a Mortgage which may not be renewed, and foreclosure may mean nothing for you. You are in the hands of advisors etc. whom you evidently do not trust, and who apparently are masters of the situation. You personally have no resources to fight (failing co-operation from your relatives). It may be that some new factor may arise when you arrive on the spot, and this may favourably affect the situation. I need hardly say how sincerely I hope this may be so. I think it is quite plucky of you to go out again and you deserve success. I return all your papers, as you may probably require them for reference, and with good wishes for you both, Believe me Yours sincerely, C. V. [Lay?] P.S. You ask me what I think of Mr. Lemle after perusing his correspondence. He is obviously anxious that you should clear the matter up. I see nothing on the face of it to pre-judge. |