FIRST DEBENTURE. Issue of First Mortgage Debentures, To secure an aggregate amount of One Thousand Pounds [£1000] carrying interest at the rate of six per cent per annum under Clause 3 (II) of the Memorandum of Association and in pursuance of a Resolution passed on the 24th day of January 1922.

(Saint Dominic's Press.) The Spoil Bank Association Limited.

Publication details: Ditchling, February 231922,

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Signed by Eric Gill & Douglas Pepler (each adding 'O.S.D.'), in their capacity as Directors of the Association - also signed, as Secretary, by Charles L. Waters. An interesting and unusual financial document from the early years of the Guild, which had established the SBA in order to manage its land and property.

Description

printed in red and black with SBA blind-stamp at foot and 'three pence' red ink stamp at head, manuscript additions in red and black including a cancellation statement by Edgar Holloway of the Guild dated 29.ix.1976, pp. [4], folio, single folded sheet, untrimmed, tipped-in SBA slips to front completed in manuscript by John V.D. Kilbride (Secretary) recording transfer of interest in this Debenture and a manuscript note to the same effect signed by Charles L. Waters with SBA stamp, very good

Bibliography: (Taylor & Sewell A103)

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