This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1860 Excerpt: ... Hunter, fe Co., William Cuming and Sons, and our own. On Monday a very smart demand for money took place on us all, just as had happened the preceding week in London. This was a new and an unexpected circumstance, for nothing of the kind had occurred in consequence of the failure of Messrs Fairholme in 1764, or of ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1860 Excerpt: ... Hunter, fe Co., William Cuming and Sons, and our own. On Monday a very smart demand for money took place on us all, just as had happened the preceding week in London. This was a new and an unexpected circumstance, for nothing of the kind had occurred in consequence of the failure of Messrs Fairholme in 1764, or of Messrs Hogg and Son in 1769. But as neither our house nor any of those others had been engaged in the circulation carried on from Scotland, and were sufficiently provided with funds to answer promptly all the demands that were made on them, the panic abated after two o'clock on Monday, and the public confidence in their solidity was restored, and even increased by this proof of their having conducted their business on a rational and provident plan, and avoided those speculations and that mismanagement which had proved so fatal to their neighbours. Mr Herries, however, who conducted the business of our house in London, being It was much taken notice of at the time that, only a few days previous to these extensive bankruptcies, a total alteration had been made by an act of parliament on the bankrupt laws of Scotland. As the law stood previously, any creditor, laying an arrestment on the effects of his debtor, secured to himself the value of the property thus attached, to the exclusion of all the rest of the creditors, even although arrestments should immediately afterwards be laid on the same effects by any other creditor. By this-means a debtor had it in his power to give a preference to any creditor whom he chose to favour, by informing him privately of the situation of his affairs, which enabled that creditor to secure himself by arrestment to the prejudice of all the rest. And, even without supposing anything unfair of fliat sort, whenever a pe...
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.