Área de identidad
Código de referencia
Título
Fecha(s)
- 1805-1836 (Creación)
Nivel de descripción
Volumen y soporte
109 items
Área de contexto
Nombre del productor
Historia biográfica
A tontine is an investment plan in which participants buy shares in a common fund and receive an annuity that increases every time a participant dies, with the entire fund going to the final survivor or to those who survive after a specified time.
Stephen Drew, formerly of the island of Jamaica but then of Stoketon, near Saltash, Cornwall, was the agent of the tontine on the Dry Sugar Work Estate (1435 acres), in St Catherine's parish on the Rio Cobre River, one mile from Spanish Town. The tontine was to begin in May or June 1805, but Drew did not reach Jamaica until November 1805. In December 1806 the trustees gave power of attorney to Messrs Pinnock & Shand of Jamaica, to proceed against Drew, as his management was unsatisfactory. By September 1808 the estate was in the hands of a receiver; in November 1808 Pinnock estimated the value of negroes and stock at £10,800, exclusive of the freehold. Probably by about that time Drew had received £18-19,000, the trustees retaining little more than £1000. From 1809 Pinnock & Shand acted as managers of the estate, being occupied in selling the negroes, and trying to sell the land. In 1821 the tontine was still not wound up, and a bill was pending in Chancery against the trustees, for an account of the estate.
Institución archivística
Historia archivística
GB 0096 MS 691 1805-1836 Collection (fonds) 109 items Troward and Merrifield , solicitors
J.W. Bromley , solicitor
A tontine is an investment plan in which participants buy shares in a common fund and receive an annuity that increases every time a participant dies, with the entire fund going to the final survivor or to those who survive after a specified time.
Stephen Drew, formerly of the island of Jamaica but then of Stoketon, near Saltash, Cornwall, was the agent of the tontine on the Dry Sugar Work Estate (1435 acres), in St Catherine's parish on the Rio Cobre River, one mile from Spanish Town. The tontine was to begin in May or June 1805, but Drew did not reach Jamaica until November 1805. In December 1806 the trustees gave power of attorney to Messrs Pinnock & Shand of Jamaica, to proceed against Drew, as his management was unsatisfactory. By September 1808 the estate was in the hands of a receiver; in November 1808 Pinnock estimated the value of negroes and stock at £10,800, exclusive of the freehold. Probably by about that time Drew had received £18-19,000, the trustees retaining little more than £1000. From 1809 Pinnock & Shand acted as managers of the estate, being occupied in selling the negroes, and trying to sell the land. In 1821 the tontine was still not wound up, and a bill was pending in Chancery against the trustees, for an account of the estate.
Bought from W. Myers in 1966.
Papers relating to Stephen Drew's Jamaica tontine and to the estate of Adam Smith of Bossue, Manchester, Jamaica, comprising: 1.Papers of Troward & Merrifield, 94 Pall Mall, London, solicitors to the trustees of the Dry Sugar Works Estate tontine, including in-letters, drafts and copies of out-letters, drafts and copies of minutes of meetings of subscibers, letter-books, accounts, lists of subscribers, nomination forms, and some printed items, including a printed prospectus, 1805-1821.
- Papers apparently of J.W. Bromley, solicitor of 1 South Square, Gray's Inn, 1832-1836, relating to claims and counterclaims to compensation for the negroes on the estate of Adam Smith of Bossue, Manchester, Jamaica, whose will was proved on 4 Sep 1815. A printed form, dated 1836, of the Commissioners of Compensation, gives details of the settlement: William Shand, acting trustee under will of Adam Smith, claimant to compensation for 39 slaves, admitted counterclaim of William and Thomas Smith, executors and devisees in trust under will of Adam Smith (N.B. Copies of a number of letters to and from a William Shand in Jamaica are among the papers of Drew's Tontine.)
Open for research. Please give 24 hours notice of research visits.
Copies may be made, subject to the condition of the original. Copying must be undertaken by the Palaeography Room staff, who will need a minimum of 24 hours to process requests.
English
Fully catalogued
Compiled by Sarah Aitchison as part of the RSLP AIM25 Project. Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997. Nov 2001, Nov 2008. Agricultural economics Caribbean Drew , Stephen , fl 1805-1821 , estate manager Dry Sugar Work Estate , Jamaica Finance Investment Jamaica J.W. Bromley , solicitor of London Land economics Land management Law Legal documents Legal systems Pinnock and Shand , solicitors of Jamaica Shand , William , fl 1832-1836 , solicitor Slavery Smith , Adam , d ? 1815 , estate owner Social structure Troward and Merrifield , solicitors of London Information sources Documents
Origen del ingreso o transferencia
Bought from W. Myers in 1966.
Área de contenido y estructura
Alcance y contenido
Papers relating to Stephen Drew's Jamaica tontine and to the estate of Adam Smith of Bossue, Manchester, Jamaica, comprising: 1.Papers of Troward & Merrifield, 94 Pall Mall, London, solicitors to the trustees of the Dry Sugar Works Estate tontine, including in-letters, drafts and copies of out-letters, drafts and copies of minutes of meetings of subscibers, letter-books, accounts, lists of subscribers, nomination forms, and some printed items, including a printed prospectus, 1805-1821.
- Papers apparently of J.W. Bromley, solicitor of 1 South Square, Gray's Inn, 1832-1836, relating to claims and counterclaims to compensation for the negroes on the estate of Adam Smith of Bossue, Manchester, Jamaica, whose will was proved on 4 Sep 1815. A printed form, dated 1836, of the Commissioners of Compensation, gives details of the settlement: William Shand, acting trustee under will of Adam Smith, claimant to compensation for 39 slaves, admitted counterclaim of William and Thomas Smith, executors and devisees in trust under will of Adam Smith (N.B. Copies of a number of letters to and from a William Shand in Jamaica are among the papers of Drew's Tontine.)
Valorización, destrucción y programación
Acumulaciones
Sistema de arreglo
Área de condiciones de acceso y uso
Condiciones de acceso
Open for research. Please give 24 hours notice of research visits.
Condiciones
Copies may be made, subject to the condition of the original. Copying must be undertaken by the Palaeography Room staff, who will need a minimum of 24 hours to process requests.
Idioma del material
- inglés
Escritura del material
- latín
Notas sobre las lenguas y escrituras
English
Características físicas y requisitos técnicos
Instrumentos de descripción
Fully catalogued
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Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.
Estado de elaboración
Nivel de detalle
Fechas de creación revisión eliminación
Idioma(s)
- inglés