BRACERS Record Detail for 116869

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Collection code
RA2
Class no.
760
Document no.
101883
Box no.
8.34
Recipient(s)
BR
Sender(s)
Tylor, Louis
Coward, Chance & Co.
Date
1966/08/01
Form of letter
TLS
Pieces
2
Notes and topics

Tylor writes that he was delayed in central Africa longer than anticipated, hence his lack of response.

Regarding the request in BR's letter of 6 July, Tylor writes, "... we have now reached the firm conclusion that we should not resign."

"As the events have turned out, the holding of these trusteeships has proved to be a thankless task, and although the trust moneys involved are not great, their administration has been complicated and time consuming. Be that as it may, we are of the opinion that we should be failing in our duty to the beneficiaries if we were to resign. This decision involves no reflection upon Mr. Fisher and Mrs. Lucas. Our relations with them are excellent. The position is simply that in our considered judgement, as matters stand, the interests of the beneficiaries will be best served by our continuing to act as trustees, and by our being in a position to exercise an independent judgement in the administration of their money."

Permission
Everyone
Record no.
116869
Record created
Jun 30, 2014
Record last modified
Feb 12, 2016
Created/last modified by
duncana