Letter – Peter Bulman to Thomas Richard Beaumont – 4 Oct 1803

Document Type: Letter
Date: 4 Oct 1803
Correspondent: Peter Bulman
Recipient: Thomas Richard Beaumont
Archive Source: AE Beaumont letters
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Sir

      Having this Day completed the Arrangement of the Tyne Iron Co's. Affairs which I mentioned in my Letter of yesterday by the Parties having signed a Dissolution of Partnership and expected an Assignment of their Shares in the Iron Works.

      I hope I shall succeed in asking your Indulgence to the following Proposals, viz, to pay immediately on the Creditors agreeing to my Letters of Licence 5/ in the £  5/ more the 5th April   5/ the 5th July & 5/ the 5th October.

      As this first payment is made intirely by the kind Assistance of my Friends lending me £20,000 which is at this time raised by considerable Exertions on Condition that I can procure my Letter of Licence.     I hope I shall not ask in vain your Support, particularly as I can assure you I was ready to fullfill my Part of our late Proposals the failure of my Partners in which has obliged me to take the whole Concern upon myself.

      I am authorised to inform you that if I am so happy as to obtain the general Assent of the Creditors, I am promised further Assistance to a considerable Extent which will only be advanced as well as the first 20,000£ on Condition that the Creditors will accept my Proposals as I shall commence paying in London instantly upon receiving their Acceptance to my Proposals

      I hope you will favour me with your early reply directing me where to pay the Money in London and I shall ever esteem myself

      Sir,  Your most grateful and obliged Serv.

                    Peter John Bulman

                    

Newcastle Oct. 4   1803



PS   I go to London tomorrow morning I request the favor of your addressing me at the York Hotel Bridge Street  Bl’k Friars

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The Dukesfield Smelters and Carriers Project aimed to celebrate and discover the heritage of the Dukesfield Arches & lead carriers' routes between Blaydon and the lead mines of Allendale and Weardale. A two year community project, it was led by the Friends of the North Pennines in partnership with Hexhamshire and Slaley Parish Councils and the active support of Allendale Estates. It was funded by the Heritage Lottery Fund and the generous support of other sponsors. Friends of the North Pennines: Charity No:1137467