30 -Doc. No. 10. 



c. 



Craven street, ^uly 5, iS38. . 



Dear Sir : At the time of the decease of the late Henry James Hmi- 

 gerford, Esq., which happened on the 5th June, 1835, there was stan^iing 

 in the name of the accountant general of the court of chancery, to the 

 'credit of the cause Hungerford vs. Drummond, tlie several suius follow- 

 ing, viz : 



£62,739 195. 2r/. bank £3 per cent, annuities ; 

 12,000 £3 per cent, reduced annuities ; 

 16,100 bank stock. 

 And if tliese several funds had then been sold, they would have realized 

 the sum of £102,991, or thereabouts ;but owing to the proceedings which 

 were necessary to be instituted in the court of chancery, the funds were 

 not transferred into your name until the 5th June, 1838. We are happy 

 to iuform you that, notwithstanding this delay, no loss iias beeu occasioned 

 to the United States, as, according to the market prices of the fuiuls on the \ 

 last-mentioned day, the funds were then worth JS 103,888, beinj? an excess ; 

 of £897 beyond their value on the 5th June, 1835, the d ite of Mr. Huu- 

 gerford's death. 



Tiie whole of the costs of the chancery sui! amoii;ited to £723 Is. 1 1:/., 

 so that the increase in the value of the funds was surlicieiu to pay tiie 

 whole of these costs, and leave a surplus of £173 12.s. \d. 



In making out the above statement, the dividends u])on the fnnds iiave 

 not been taken into account, but the United States receive iheui in a idi-. 

 tion to the original fund. 



Tiie United States do not, however, receive the whole amount, of s icli 

 dividends now, as a portion of them was invested in stock, of which £5,0 1 5 

 has been appropriated to answer an annuity of £150 \'.s to Madame de 

 la Batut, upon whose decease the same v/ill become the prop.rry of tae 

 United States. 



The sums in court, at the last hearing of the cause, wei c as ioliows, riz : 

 £62,739 195. 2d. bank 3 per cent, annuities; . 

 6,810 19 7 like annuities ; 

 12,000 reduced annuities ; 

 16,100 bank stock; 

 1,765 2 cash; 

 204 6 8 cash. 

 These sums have been appropriated as follows, viz : 

 £62,739 195. 2f/. bank £3 per cent, annuities ; 



1,795 19 7 partof £6,810 195. 7^/. like annuities; Trans'd into 



the name of 

 bank 3 per cent, annuities ; | WW Rush, I 



reduced annuities ; . . I Escj. 



bank stock ; j 



reduced bank annuities, residn • ■\{ £!),si0 19.s. Id.^ 

 retained in court to answer mighty to Madame de 

 la Batut ; 

 paid to plaintift''s solicitors for heir o-ts ; 

 paid to defendants' solicitors f > cost ; 

 paid to plaintiff's solicitors foi ,varehous(!-room, p nd 

 by them to Messrs. Deacon ; 



