With reference to: new Board members not to be mentioned in Report Leverhulme intends to take over as temporary Chairman, and Findlay as Vice-Chairman, if the banks agree discussion of Glyns' apparent desire to give up the Niger account, and methods of paying them off by 14 Jan: [D'Arcy] Cooper to handle the Banks; [Ernest Hyslop] Bell of Colonial Bank is 'friendly';...

Letters: (fol. 55) about the price of Preference shares, to enclose (missing) related press cuttings (fol.56) 'Private': advises deferring the sale of shares until after Lever's Annual Meeting; and D'Arcy Cooper's 'impossible' position, as both Lever's financial adviser and as head of its Auditors, resolved by his appointment as its Vice-Chairman (fol. 57) 'Private':...

Manuscript note in Scarbrough's hand of Trigge's Croydon address on last item.

Reviewing from memory the events leading up to the Old Board's subscription for the Preference shares from Lever's first approach through Glyns.

About: the worthlessness of the assets brought in by Leverhulme to the Company enclosing a cutting from News of the World about Cooper earning the country's largest salary his advent causing 'further friction among the Heads' the possibility that his views on the Preference shareholders may be responsible for 13,000 Preference...

Also, asking for help in obtaining other employment, either with Turquand & Youngs or the expanding Air Force.

The possible impact of the ''Anti' capitalist debate'; and his anxiety over the state of the Preference shares.

His own visit to Kleinworths, where the proposed change of Niger chairmen was seen as 'unadvisable'.

Setting out the reasons why the latter's justification of the 'splendid terms' of the Lever deal need not involve him in a 'bad half-hour' from various groups of shareholders at the 40th Annual General Meeting. [See also MSS. Afr. s. 86, fols. 323-325.]

Enclosing rough manuscript draft of his 'Personal' letter to S/S Col. Viscount Milner (fol. 6), excusing himself from the forthcoming meeting, and stressing the necessity of government 'action' to maintain banking assistance and avert Company collapse and the consequent 'heavy blow' to Nigeria. Emmott's involvement in the Russian Committee and the Young Men's Christian Association (YMCA) touched upon.

Comprises: (fol. 13) draft (fol. 12) unascribed typed version of his letter to Milner (fols. 7-8; 9-11a) copies of two versions of a memorandum to be enclosed in it. Also concerned with factors contributing to the Company's crisis, and the possibility of recovery if Colonial Office pressure induces the banks to provide funds for a...

Insisting: that Company obligations under the Nov arrangement are carried out alarmed by Cooper's recent Report on Company finances, the discrepancies between it and Scarbrough's Nov figures, and the failure to inform them or Leverhulme at once of Glyns' writ requests an explanation of the altered finances, and copies of the correspondence recording Barclay's advance of...

To Scarbrough, mentioning his wife's critical condition, but mainly concerning the implications to holders of Niger Preference Shares of Leverhulme's speech to Lever shareholders in Liverpool, and 'the old man's' reasons for writing off the £8 million Ordinary shares.

Also, his regret that he is to be absent in America for Emmott's Resolution [on taxation in West Africa] in the House of Lords.

[With top sheet on redesigned Company paper, headed by motto medallion and backed by map of Company 'sphere of action'.] (fols. 37-43) Letter, enclosing copies of his correspondence with Leverhulme concerning: (fols. 28-31) shareholders' attitudes at African & Eastern Corporation Annual Meeting, and Leverhulme's own attitude towards investors (fols. 32-35) the damaging...