Catalogue description Copy for Ortons

Of letter sent to Twist & Sons:- acting for the purchasers of the coal company's lots, Ortons and three other named solicitors' firms have taken counsel's opinion as to the effect of a purchase anticipated to follow nationalisation of the coal industry; counsel states that the [National Coal] Board would have the option of taking a transfer of the lots, hence the Nationalisation Bill is tantamount to an objection to title; he suggests the vendor company gains the Ministry; of Fuel and Power's assent (promising to recoup the purchasers' money), and that the purchase-moneys would be payable into the accounts held jointly by the vendors' and the respective purchasers' solicitors; therefore clients are being told to defer proceeding.