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Abstract of Title of James Eadie Ltd. to 112, Gosford Street (formerly the "Black Lion")
CCA/2/3/497/12
1911
Piece
Coventry Archives & Research Centre
I 29 Sep 1869. Conveyance whereby, having recited: firstly, that Edward Phillips [II]' will left everything to Katherine Hannah Phillips (in 1869 described as of Coventry, spinster) and appointed her and Frederick Joseph Phillips [ribbon-mamufacturer] executors; secondly, that E. Phillips [II] died on 9 Nov 1868 and that his will was proved on 1 Apr [1869]; and thirdly, that Katherine Hannah Phillips had agreed to sell the premises to James Eadie (of Burton-upon-Trent, Staffordshire, common brewer): therefore for £485 she conveyed to him the "Black Lion" (occupied by William Mason) with a brewhouse and stable.
II 13 Apr 1893. Conveyance whereby, having recited: firstly, that James Eadie owned first-scheduled property; but secondly, that he had agreed to sell it to James Eadie Ltd. for £338,760: therefore he conveyed it, including the "Black Lion", to that company.
III 14 Apr 1893. Charge whereby, having recited: firstly, that James Eadie Ltd. owned first-scheduled premises;and secondly, that that firm had decided to create debentures totalling £250,000 in value with £4/10/- per annum interest, to be issued in series of 2,500 worth £100 each as per that deed's fifth schedule: therefore, firstly, James Eadie Ltd. conveyed to its trustees Nathaniel Charles Curzon (of Lockington Hall, Leicestershire, esquire) and Henry Swingler (of "The Laurels", Derby, esquire) first-scheduled property; and twenty-fifthly, when all the debentures and other costs should have been discharged, Nathaniel Charles Curzon and Henry Swingler should reconvey the estate to James Eadie Ltd..
First Schedule included the "Black Lion".
IV 22 Nov 1896. Conveyance whereby, having recited: firstly that, prior to III's execution, James Eadie Ltd. (thenceforth referred to as "the old company") and the trustees Nathaniel Charles Curzon and Henry Swingler possessed first-scheduled property; secondly, III; thirdly, that the old company had agreed to sell the premises to The Eadie Purchase Syndicate Ltd. (of 1, Moorgate Place, London) - subject to the £250,000 outstanding on debentures - for £531,500; fourthly, that James Eadie Ltd. of Burton-upon-Trent (thereinafter called "the new company") had £500,000 capital in 25,000 X £10 preference shares and 25,000 X £10 ordinary shares; fifthly, that the syndicate subsequently agreed to sell the new company the whole of the old one's undertaking and the hereditaments which James Eadie himself would sell for £1,000,000, of which £758,000 would be paid to him in cash and £242,000 by issue of 242,000 ordinary shares so that the new company might discharge the old one's mortgage debentures; sixthly, that the old company's stock-in-trade, etc. should be worth £63,953/7/6, whilst its estate would be deemed worth £936,046/12/6; seventhly, that all chattels had been handed over; eighthly, that by resolutions dated 13 Jun 1896 and 29 Jun 1896 the old company's shareholders decided that it should be wound up; ninthly, that the syndicate had asked the old company, its liquidator Alfred Bunting Wardle (of Shobnall, Burton, brewery manager) and J. Eadie to execute that deed's assurance to the new company; tenthly, that the old company had agreed to accept that £531,000 was the purchase-price, having already received the £63,953/7/6 for chattels; eleventhly, that the new company had discharged the first-mortgage debentures; twelfthly, that therefore the trustees had not required conveyance to them by Eadie and the old company of second-scheduled premises; and thirteenthly, that all incumbrances which were said in the trust deed to affect some of the property had been paid off: therefore (in consideration of £911,403/15/6 from the new company, of which £225,546/12/6 was paid in cash to the old one, the old company was issued with 242,000 paid-up new company £10 ordinary shares, £115,857/3/- was paid in cash to Eadie, a deposit remained of £9,500, old company debentures were discharged at £250,000 and £68,000 balance was paid to the syndicate) the trustees conveyed to the new company inter alia first-scheduled premises including the "Black Lion".
V 23 Nov 1896. Trust Deed whereby, having recited that James Eadie Ltd. had determined to issue £500,000 debenture stock, therefore inter alia that company acknowledged that it was indebted to the trustees Nathaniel Charles Curzon and Henry Swingler in £500,000 repayable at £4% per annum interest and charged upon first-scheduled hereditaments; in the event of sale or conversion of stock, a purchaser would not be bound to enquire into terms.
Schedule included the "Black Lion".
VI 31 Dec 1897. Nathaniel Charles Curzon died; buried at Lockington, Leicestershire.
VII 19 Oct 1905. Appointment of New Trustee (supplemental to IV,V and a supplementary trust deed made by James Eadie Ltd. with Nathaniel Charles Curzon and Henry Swingler) whereby, having recited: firstly, irrelevant recitals; secondly, VI; thirdly, that James Eadie Ltd. enjoyed power of appointment of new trustees; and fourthly, that that company wished so to appoint Alfred Bell (of Marina, Torquay, Devon, esquire): therefore the company appointed him to act alongside Henry Swingler.
VIII 8 Aug 1906. Chancery Decree in re Henry Swngler's lunacy whereby, having recited: firstly, that James Eadie Ltd. and Charles James Melbourne (of Burton-upon-Trent, Staffordshire) petitioned on behalf of themselves and other debenture holders; secondly, that the solicitor for those applicants and for the respondent Alfred Bell (of Marina, Devon, esquire) had attended the court; thirdly, that V and the order's papers had been read; fourthly that, although of unsound mind, H. Swingler held V's property qua trustee or as trustee and mortgagee; and fifthly, that George William Crompton (of Windley Hall, Derbyshire and of 47, Harley Street, Regent's Park, London; a director of Crompton & Evans Bank Ltd. at Derby) had been appointed as trustee: therefore inter alia V's hereditaments (including (b) the "Black Lion") should be vested in Alfred Bell and George William Crompton instead of Swingler and A. Bell.
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