Richard Steele: Edited, with an Introduction and Notes by G. A. AitkenSteele, Richard, Sir
General
Richard Steele: Edited, with an Introduction and Notes by G. A. Aitken
Steele, Richard, Sir
English drama (Comedy); Steele, Richard, Sir, 1672-1729
and Gery formed at that time a design to get Steele's share of the
scenes, clothes, and profits; and Minshull undertook to purchase the
same absolutely of Steele for £4000, which it was agreed between
Minshull and Gery should be for their joint and equal benefit; but the
£4000 was to be paid by Gery, and £2000 repaid by Minshull as he could
raise the same out of his moiety of the profits; and this agreement was
marked in the assignment made by Minshull to Gery, or in some other
deed or writing between them. Minshull then often requested Steele to
sell his share, but being unsuccessful he said he perceived Steele
was in straits for money, and that it would be proper for Steele to
raise a considerable sum at once, and professed that he would advance
a further sum of £2500 upon the security of the said premises, and
allow Steele two years for the payment thereof. This Steele accepted,
and Minshull being in daily expectation, as he pretended, of receiving
£3000, or some such sum, directions were given by him to Mr. Ralph
Wilbraham, his attorney, to draw up an assignment to him of Steele's
share, which Wilbraham accordingly got drawn up and engrossed. It was
dated on or about the 31st January 1716[-7], and was made absolute,
Minshull undertaking to give Steele a defeasance thereof in payment of
the said £4000 and interest within two years of the date thereof. And
this assignment being drawn and engrossed, Minshull and Wilbraham came
to Steele, who was then attending the service of his country in the
House of Commons, and carried him to the Horn Tavern, in the Palace
Yard, Westminster, and after the assignment was read over, Minshull,
speaking with Steele in another room, said that, being disappointed of
money, he could not pay Steele any part of the said £2500, but would in
a few days, and in the meantime would give a note for the money, and
that for Steele's security the assignment should remain in Wilbraham's
hands till the sum was paid, and that he (Minshull) would execute a
proper defeasance to Steele. Steele, being ignorant of matters of law,
spoke to Wilbraham, who assured him that he would receive no prejudice
thereby, adding that he (Wilbraham) was obliged to take extraordinary
care that Steele should not suffer because Steele put such great
confidence in him.[157] Steele was thus, at the earnest request of
Minshull and Wilbraham, induced to sign the assignment of the 31st
January 1717, and to sign a receipt endorsed on the back of the paper
for the sum of £4000 as the consideration thereof; and Wilbraham was a
witness that Steele executed this assignment and signed the receipt,
well knowing that not one penny was advanced as the consideration
thereof, and that the same was only to be security for the £1500 for
which the former assignment was given, and the £2500 when the same
should be paid to Steele, and for which Minshull then gave Steele a
receipt, Wilbraham being a witness; and Wilbraham assured Steele that
Public-domain text, read in full here on John Shaqi.
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