BRACERS Record Detail
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A draft petition by BR providing financial details. The trustee of Mollie, Countess Russell sold Telegraph House on 29 September 1937 for £5,468.10.9. Amberley House in Oxford cost £1,800, including a mortgage of £1,000 at 4.5%. BR got the mortgage from the trustee of Mollie, Countess Russell. BR's obligations to her under the 1929 agreement for Telegraph House were not over. There is a discussion of BR making up the difference between the trust's investment income following the sale of Telegraph House and the original £400 a year.
Details of BR's income from 1934 to 1937 are provided. His earned income from 1934–5 was £1,680.14.11. From 1935–6 his earned income was £1,336.19.6 and from 1936–7 his earned income was £942.18.3. "That your Petitioner's earnings are steadily diminishing and are likely still further to diminish."
Record last modified 2015/11/06
Created/last modified by wolfeaa