| Level | Item |
| Reference Number (click to see whole series/group) | F12/34 |
| Extent | 1 bundle |
| Title | FRESHFIELDS PAPERS RELATING TO BANKRUPTCIES: CHAMBERS AND SON - MISCELLANEOUS PAPERS |
| Date | 1824 - 1830 |
| Admin History | In September 1824 the Bank advanced £35,000 to Chambers & Son, bankers of New Bond Street. The security consisted of an estate at Chettle, Dorset, belonging to the elder Chambers which he mortgaged to the Bank. In addition, he assigned to the Bank a judgement for £25,000 which he had obtained against J Symmons, an old man living in London at Paddington House. Chambers & Son were declared bankrupt in November 1824. Correspondence, papers and legal documents in F12/34-37 involve Sir Peter Pole, who had agreed to purchase for £90,000 an estate in Hampshire belonging to Symmons. Trustees of the Duke of Wellington eventually purchased the estate in 1830-31 and the debt owing to the Bank was cleared. |
| Description | The papers largely relate to mortgages of estates belonging to Sir Peter Pole and Co. They include summary of documentation and correspondence. They include: Bank v Chambers (interest account); draft assignments of mortgage money advanced to Edward Down and Sir Peter Pole; abstract of conveyances to Richard Down, deceased, of estates in Friern Barnet and Finchley; draft mortgage of estates in Kent and Southampton; draft conveyance of the Ewhurst Estates (Southampton) from Sir Peter Pole to the Duke of Wellington; Briefs, affidavit and petition of Plaintiffs (Symmons v Bank); schedule of title deeds etc relating to the manor of Chettle, Dorset; correspondence and papers relating to estates belonging to Sir Peter Pole valued at £106,000 which had been deposited in December 1825 with the Bank as additional security for the advance of £300,000 made by the Bank to the banking house of Sir Peter Pole & Co. Also includes a letter from a Miss Chambers to the Governor of the Bank of England, Sir John Reid MP, regarding her father who had been imprisoned for the past 13 years for debts. She claims in the letter that when her father suspended payment he was solvent and that £236,000 had been recovered from his estate. |