Charitable Corporation - Brokers To The Company

Brokers To The Company

Richard Woolley and Thomas Warren acted as brokers to the Company (in opposition to Thomas Jones, who claimed the sole right), procuring pledges for the company and earning a 1% commission for themselves. However, they presented bills of sale long after the money was advanced. When William Tench suggested to Thomson that the money was misapplied, he threatened exposure, until Robinson paid him an additional salary. The order authorising loans ovcer £1000 was obtained specifically so that money might be obtained on false pledges for Robinson to buy the Company's shares Richard Woolley and William Squire had a separate business dealing on commission with country clothiers, and hoped they would support them with petitions, but Woolley lost this business by becoming a gentleman with a carriage and country house.

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