Comprises: (fols. 294-295) on the unexpectedly worsening financial position and consequent inability to pay Glyns £250,000 due on 14 Sep; suggests ways to raise the £2 million essential to carry on (fol. 296) giving the mining royalty figures for Apr-Jun.

Also his dissatisfaction at the exclusion of Knowles and Findlay from Executive Committee meetings. Emmott feels this should be yielded on, though he fears clashes with Trigge over business matters.

Confirming the conditions on which Glyns agree to one month's grace in clearing the overdraft.

The letters: (fols. 246-248) encloses copy of Leverhulme's letter about the Directors to Rand [enclosure bound fol. 236] encloses copies of letters from Leverhulme to Trigge (fol. 249) and Glyns (fol. 250), the latter accompanied by a cover note from Gore-Brown to the Company (fol. 251): all concerning paying off the overdraft. Also passes on Leverhulme's figures for tonnage shipped by...

Comprises: record of meeting Leverhulme with Emmott, Trigge, and Coates note [for the following Board Meeting?] of the matters discussed. Both concern: postponement of the Annual Meeting the new issue Scarbrough's agreement to...

Also, his hope that Leverhulme will recognise the damage the new issue will do to Directors who supported the recent Preference share issue.

Fiddes may oppose his appointment 'for personal reasons'.

On his disinclination to sign the Prospectus, considering that the underwriters to the previous issue should be reimbursed by the Directors profiting from the forthcoming one.

Comprises: (fols. 355-356) on Coates' disappointing attitude: 'one would almost imagine that he expected the underwriting to be entirely taken up by people actually connected with this Company'; proof prospectuses despatched to Coates Son & Co.; and produce is 'moving', though at a loss (fol. 357) enclosing final draft of Prospectus [fols. 358-360?]; attitudes of Leverhulme and Lever...

See fols. 287-288.

Endorsed by Scarbrough with note of appointment.

The second 'Confidential' (fols. 300-302), the third, (fols. 304-305) enclosing copy of his to Emmott (fol. 303), all concerning: Leverhulme's methods of obtaining part of the money for Glyns at stiff terms through Lazard Brothers and Finance Houses Trigge 'seriously disconcerted... [Leverhulme] has not found a penny but has pledged the Niger Company's credit without consulting the...

Concerning former's signing of contract with African & Eastern Corporation for the acquisition of its Ordinary shares; these and all Lever's West African interests to be transferred to the Niger Company, necessitating 'very extensive changes' on the Niger Board, among which are Batty as Chairman and Findlay and Greenhalgh as Vice-Chairmen; the question of joint Governors raised again; news of deal and forthcoming changes read by Scarbrough in Liverpool press. On request, the...

On Leverhulme's high-handed action over the African & Eastern Corporation: 'intentionally or by habit he regards the Niger Board as of no account' scheme should be ratified by the new Board, not for Scarbrough to 'bless a scheme for which I am in no way responsible and the effects of which it is impossible to visualize' he and Emmott decline to be Governors and...

Also, local opinions about opportunities in South America and England's decline from former political and financial stability.

Enclosing a copy of a financial statement [other enclosures missing] and mentioning the effect on Niger Preference shares of rumours about Leverhulme's purchase of the African & Eastern Corporation.