fondly imagined that they could repose with confidence on the provision
inserted in the prospectus, and in the deed of settlement--viz. that no
one was to be liable beyond the amount of their shares actually
subscribed for: alas! how dreadful the delusion, and how quickly
dissipated! The houses of Lord Dreddlington, the Duke of Tantallan, and
others, were besieged by importunate creditors; and at length a general
meeting was called, at which resolutions were passed, strongly
reflecting upon the Earl of Dreddlington and Mr. Gammon; and directing
the solicitor concerned for the rest of the shareholders to file a bill
against the earl and Mr. Gammon, for the purpose of compelling them to
pay all the debts incurred by the Company! More than this, it was
threatened that unless satisfactory proposals were promptly received
from, or made on behalf of, the Earl of Dreddlington, he would be
proceeded against as a TRADER liable to the bankrupt-laws, and a docket
forthwith struck against him! Of this crowning indignity impending over
his head, the poor old peer was fortunately not conscious, being at the
moment resident at Poppleton Hall, in a state not far removed from
complete imbecility. The Duke of Tantallan was similarly threatened; and
alarmed and enraged almost to a pitch of madness, resolved to take
measures for completely exposing and punishing the individual, to whose
fraudulent plausibility and sophistries he justly attributed the
calamity which had befallen him and the Earl of Dreddlington.
Public-domain text, read in full here on John Shaqi.
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