The Literary History of the Adelphi and Its NeighbourhoodBrereton, Austin
History
The Literary History of the Adelphi and Its Neighbourhood
Brereton, Austin
Adelphi (London, England) -- History; Literary landmarks -- England -- London; London (England) -- History
It is to be noted that the prizes were not instantly realizable, for
the buildings were to be divided among the prize-holders, and the
houses were not yet finished. Those who could not wait for their money
sold their prizes by auction, and it may be presumed that in course
of time the tickets got into a few hands.[24] The following is the
explanation by the Adams of their action:--
"The Messrs Adam having received a letter signed A.B.C., which the
writer says is sent to be inserted in the public papers, requiring
to know the state of the mortgages on the buildings which constitute
the Adelphi lottery, and also what security the public have for their
completing the unfinished buildings? In answer to these questions, the
Messrs Adam, desirous to satisfy the adventurers in the lottery, and
the public in all reasonable demands, think it necessary to inform them
that the mortgagees have already been paid one half of their money, but
as it is requisite that they should join in assigning the prizes to
the fortunate adventurers, they defer paying the other half till such
assignments are completed. The Messrs Adam, ever since the obtaining
of the Act for their lottery, have proceeded with an amazing rapidity
in finishing their houses, in the same substantial manner with those
formerly finished and sold in the Adelphi; they are happy to think the
whole will be completed, and ready to be assigned, by the time they
have ascertained in their scheme and allotment, as no attention and no
expense shall be spared for that purpose."
Public-domain text, read in full here on John Shaqi.
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