| Description | Of the will (dated 22 Dec. 1832) and codicils of John Fereday of Cotwall End, parish of Sedgley, Staffs., gentleman; exonerates his son John Turton Fereday from his debts to him as he has exonerated his son William Turton Fereday from his (as recited); confirms marriage settlement and gives wife, Elizabeth Fereday, an additional annuity of £100; portion of household effects to wife for life; annuity of £30 to Ann Raybould, wife's sister; £500 to grandson, John Fereday, eldest son of John Turton Fereday; £10 and a suit of mourning to servant, James Cox; all real estate and minerals, inc. one tenth share in Caponfield Colliery, and other property to his sons and to the Revd Thomas Powell of Sedgley, Clerk and Henry Smith of Wolverhampton, Staffs., gentleman, upon trust for sale, to pay the legacies from the proceeds and the annuities from the invested balance, and otherwise to pay half the income to John Turton Fereday for life, with provisions to protect his interest in the event of bankruptcy etc., thence to divide the capital between John Turton Fereday's children; other moiety (capital) to William, with legacies to his children of £200 to Samuel Day Fereday, £100 to Jane Fereday and £100 to Elizabeth Fereday; powers of trustees to manage etc; executors are above 4 trustees.
Codicil (dated 13 Feb. 1833), recites that John Turton Fereday has been in embarrassed circumstances for some time, is operating under the inspection of his creditors and may have to make an assignment or become bankrupt; revokes his exoneration of his son from his debts to him; executors to prove debts under any assignment/bankruptcy and stand possessed of sums received for the benefit of John Turton Fereday and his issue; grants trustees power to exonerate John Turton Fereday from the debts if his affairs have been completely settled under his existing arrangements with his creditors, etc.
Codicil (dated 2 Mar, 1833) revokes appointment of Henry Smith.
Endorsed notes of production in John Clifton and Benjamin Bickley v David Smith and others and Benjamin Bickley, John Hill Clifton and Archibald Duncan v David Smith and others, in Chancery; 7 Apr. 1835. |