Lawrence Papers / Estate & Family Trust Business for Revd. Charles Lawrence / Agent’s Correspondence /George Kerr Mahon, (Ballydonlan, Loughrea, Agent & Receiver) and Lawrence/ 1893-10-25
Lawrence to Mahon regarding the implications for him of the overthrow of Gladstone’s Home Rule Bill, stating ‘The regaining of public confidence and the overthrow of the Gladstonian Home Rule bill might induce your money Lendor to advance the ten or twelve thousand pounds you alluded to some time ago at four and a half per cent. The security for this sum would be as you know of first class character. The untenanted portion of the demesne £630 and the three small solvent holdings within the demesne making in all a rental of £730.
This with the Townlands of Craighwell, Laurencetown, Caoliney and Lissafarsoone. Would give a valid and undoubted security paying the interest on £1,200 at four and a half per cent twice over. When I allude to so large a portion of the demesne being untenanted I mean to convey to the Lender that this portion of the property is not subject to the recent Acts of Parliament which fact adds immensely to his security. It would be my wish as you know to keep the estate in the hands of the court so that your hands might be quite free in paying the interest. Perhaps you might meet with some parties in London disposed to lend, and to lend at even four percent, your official position over the property would have great weight’.