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
from any prejudice which might arise to him by his signing the receipt
for £4000, or that he told Steele that if the £2500 were not paid him
he would, by virtue of the note or receipt for £2500, be entitled to
an allowance thereof out of the £4000, or that Steele asked him any
questions relating thereto. He also denied that the deed was placed
in his hands as a common trustee until the £2500 should be paid to
Steele and a proper defeasance executed, or that until the same was
done no use was to be made of the deed, or that then Steele's former
assignment for £1500 was to be delivered up to Steele; and he also
denied that the deed was given to him upon any other terms than those
set forth in the note which he gave; nor did he use any persuasion to
induce Steele or Minshull to entrust the deed to him, or to induce
Steele to sign the deed or the receipt thereon endorsed, or to accept
Minshull's note or receipt for £2500; nor was he any way privy to or
acquainted with the reasons which induced Steele to do the same, save
that he knew the £1500 was or was mentioned to be the consideration
of a former deed of sale of Steele's fifth share, dated about 24th
July 1716. And Wilbraham had heard that Gery had, before the 31st
January 1717, advanced £1500 to Minshull upon the credit of Steele's
first assignment, and that Minshull had assigned over to Gery Steele's
first assignment as security; but he did not then apprehend that Gery
had advanced to Minshull, or was to advance, £2500, and therefore he
understood himself to be only a trustee as between Steele and Minshull.
But some time afterwards Minshull and Gery came to Wilbraham and told
him that Gery had advanced a further sum of £2500, and that the whole
£4000 was therefore, in truth, Gery's money. Wilbraham then drew up a
declaration of trust to that effect, dated 31st January 1717, which was
duly executed by Minshull in the presence of one Mr. William Aspin and
Wilbraham, witnesses. But Wilbraham admitted that this deed was not
executed on the 31st January 1717, as dated, but some time afterwards,
though he could not remember the particular time. After the execution
of this last deed Wilbraham considered himself as a common trustee
between Steele and Gery. After all this, when, as Wilbraham believed,
Minshull had failed in answering Steele's drafts of money upon him,
Steele sent to Wilbraham and offered him thirty guineas to deliver
up the deed of assignment of the 31st January, and said Minshull was
consenting thereto; but Wilbraham answered that Minshull's consent
would not indemnify him for so doing, because he knew that the money
intended to be secured by the assignment was not then Minshull's but
Gery's, and that he must have Gery's consent; he therefore refused to
deliver up the deed. And he believed Minshull sent to him when he was
not at home, as narrated in Steele's Bill; and he from time to time
acquainted Gery with the proceedings of Steele and Minshull; but he
Public-domain text, read in full here on John Shaqi.
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