| Description | Docketed, ‘Carron shares, Scotland.’ (This sheet may be part of a larger document.)
There is 137/600 shares of Carron stock which stand in the name of C. Gascoigne that are the property of his creditors. If he would vote these shares as his trustee may direct, all disputes with Carron Co. would be closed by arbitration.
In the latter end of January Mr. Hog, the trustee, wrote that Mr. Gascoigne said he would vote as he might direct. This was a circumstance of such importance that Mr. Boulton and Mr. Baxter thought it necessary for Mr. Garbett to be in Scotland the latter end of February to attend Carron Company's half yearly meeting, 1st March; and Mr. Hog was acquainted with this determination, but was desired to obtain a solemn promise from Mr. Gascoigne that he would vote for a general arbitration; and Mr. Garbett held himself in readiness to set out upon receiving assurances that Mr. Gascoigne would vote as he had intimated. Mr. Hog's answer did not arrive untill 21st February, and which rendered Mr. Garbett's going to Scotland improper. And there is reason to expect that Carron Company's conduct at their half yearly meeting will make it necessary for the creditors to come to some decisive resolutions, and as the Court of Session would probably in a few weeks give a judgement on the claims of preferences, it was thought adviseable to defer the meeting untill the latter end of this month, that we might be prepared to lay before them matters of great consequence for their determination, and to consult them upon making a dividend both in England and Scotland. |