Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1894-03-22


letter is addressed was occupied by Messrs.
Rell & Gordon. say was advisedly, be
yanse probably the directory was compiled
last autumn. Now, the association of these
.sThe old Lambeth Pottery:" l inter
rupted.
Eyes. that is the address"
.oThat may be Kayanagh's address now.
What is inside the envelopef" | asked
eagerly.
1--WE will see"
"oniy circular II you think there
NAV bemore in this than mere coincidence,
I viii question MIR Brett before you-here,
now, if you please
rest in uncertainty as TO the extent Of the
clerk connection with Kavanagh.
Mr. Pelham placed chair for me where
7 conld sit with my back to the window
and touched the bell on the table. The
new clerk came TO the door.
aCome in. Mr.. BRETT" said the solicitor
81 saw circular addressed to Mr.. Kava-
pagh. Old Lambeth Pottery. oyou know
aClient of my late employers-Evans &
Evans-sir."
"You don't know him personally"
The clerk shook his head, with smile.
"a little too high up for that, sir, said
he. "a gentleman of fortune-holds IA
post in the house. | believe"
HE speculates, OF eourse!'
'sEot sure. sir ] know he has bought
up two or three little potteries"
'sWhat potteriesY
"Wen. there's the Old Lambeth, but he
took that up, believe, more from charity
than rs paying concern.
"But the Old Lambeth-why, that's Bell
& Gordon's surely"
'.Was, sir, before Mr.. Gordon bolted
''Mr Gordon boltedn' exclaimed the so-
licitor in a tone of incredul1us astonish-
ment. why, this is the first have heard
Of it,"
Last November. A young lady in the
case, believe, said the clerk, with mild
grin, which he would certainly have kept
for another occasion had be suspected that
| was the young lady in question. Don't
know much about that, but ! do know
that he left his affairs in regular muddie
and behaved shamefully toward his part
ner, poor old Colonel Bell"
This is bad news, madame" said Mr..
Pelham, turning to me with grave shake
of the head in what way did lac behave
shamefully, Mr. Brettf'
TOOK Colonel Bell into partnership and
invested in a pottery that was worth moth
ing at all, incurred considerable debt in
building kilns and improving the place,
and then, when be found that the eolonel's
affairs We're not so good as he expected, he
realized what lac could and bolted, leaving
this poor old gentleman to get out of his
difficulties as he could
"Ah, well, what happened then"
Things went worse and worse with the
colonel The kiln that he still had to pay
for fell in the first time it was fired. Then,
to meet his creditors, the poor old fellow
tried to raise money on some mining stock
and found the shares worth nothing. Mr.,
! Kavanagh introduced him to us, and /
had to go into the affair, so | know all
about It.
"And the result OF your examination
, showed -
uShowed that Colonel Bell had not six
pence in the pound to pay his creditors. ]"
But he could call upon his partner, Mr..
| Gordon
Couldn't find him, not trace OF him
anywhere, and his solicitor-Cunningham
4 Of I.incoln's Inn--refused to produce apen
/ ny without his order, naturally
"Oh, Mr.. Gordon had means theni"
"Plenty, but it's all tied up. No one car
] touch IL until he is found or an order is oh
tanned from the court of bankruptcy"
"Dear mel And what did Colonel Bel
do in that emergency
Just what might be expected Of an hon
orable old gentleman and bad man Of
business-soid up all his private property
and paid over every penny To the creditors
of Bell & Gordon. Evans q Evans did thei
utmost to prevent him making such dis
astrous sacrifice and advised him to declarI
himself bankrupt at once. But he would
not be persuaded. Yielding in most things
he was as stubborn as-as anything on this
Old fashioned notions, You know, sir, abou
honor and the disgrace Of being white
washed
"Of course the sum realized was insult
cient to satisfy the creditors of the firm.
Didn't satisfy quarter Of them ant
left him without funds TO work the busi
ness. That was foreseen by Evans 4
Evans, who told the obstinate old fellow
that he was only throwing his money ava
and postponing the evil day.
so that after all he had TO close tn
works and declare himself insolvent;'
"He would have had to do so TO a dea
certainty, but just at the last moment I'll
Kavanagh came forward and lent him
sum Of money 10 clear oil the debt, rebuilt
the kiln and start alresh."
Did Mr. Kavanagh advance the none
without security"
'sNot exactly, sir-he took a mortgageo
the estate"
II don't see any great generosity, Nj
Brett. in advancing money pna mnTtga
"There was in this case, sir. Evans
Evans had thought Of raising money by
mortgage. but on looking into the deed Z
partnership they found m impediment /
the way. Mr.. Gorloa could repudiate an
obligation made without his consent"
Il see. MIR. Kavanagh relies upon NJ
Gordon fulfilling the obligation when
retumsf'
"Just so. sir. and considering all thing
, that's net very good security
. 'sSupposing Mr.. Gordon should not tro'