After George had drunk his glass of wine and given his opinion as to the best way to deal with the dangerous pinnacle on the Boisingham Church, he took the note, untied the fat pony, and ambled off to Honham, leaving the lawyer alone. As soon as he was gone, Mr. Quest threw himself back in his chair—an old oak one, by-the-way, for he had a very pretty taste in old oak and a positive mania for collecting it—and plunged into a brown study.
Presently he leant forward, unlocked the top drawer of his writing table, and extracted from it a letter addressed to himself which he had received that very morning. It was from the principals of the great banking firm of Cossey and Son, and dated from their head office in Mincing lane. This letter ran as follows:
“Private and confidential.
“Dear Sir,—
“We have considered your report as to the extensive mortgages which we hold upon the Honham Castle estates, and have allowed due weight to your arguments as to the advisability of allowing Mr. de la Molle time to give things a chance of righting. But we must tell you that we can see no prospect of any such solution of the matter, at any rate for some years to come. All the information that we are able to gather points to a further decrease in the value of the land rather than to a recovery. The interest on the mortgages in question is moreover a year in arrear, probably owing to the non-receipt of rents by Mr. de la Molle. Under these circumstances, much as it grieves us to take action against Mr. de la Molle, with whose family we have had dealings for five generations, we can see no alternative to foreclosure, and hereby instruct you to take the necessary preliminary steps to bring it about in the usual manner. We are, presuming that Mr. de la Molle is not in a position to pay off the mortgages, quite aware of the risks of a forced sale, and shall not be astonished if, in the present unprecedented condition of the land market, such a sale should result in a loss, although the sum recoverable does not amount to half the valuation of the estates, which was undertaken at our instance about twenty years ago on the occasion of the first advance. The only alternative, however, would be for us to enter into possession of the property or to buy it in. But this would be a course totally inconsistent with the usual practice of the bank, and what is more, our confidence in the stability of landed property is so utterly shattered by our recent experiences, that we cannot burden ourselves by such a course, preferring to run the risk of an immediate loss. This, however, we hope that the historical character of the property and its great natural advantages as a residential estate will avert, or at the least minimise.
“Be so good as to advise us by an early post of the steps you take in pursuance of these instructions.
“We are, dear sir,
“Your obedient servants,
“Cossey & Son.
“W. Quest, Esq.
“P.S.—We have thought it better to address you direct in this matter, but of course you will communicate the contents of this letter to Mr. Edward Cossey, and, subject to our instructions, which are final, act in consultation with him.”
“Well,” said Mr. Quest to himself, as he folded up the sheet of paper, “that is about as straight as it can be put. And this is the time that the old gentleman chooses to ask for another four thousand. He may ask, but the answer will be more than he bargains for.”
He rose from the chair and began to walk up and down the room in evident perplexity. “If only,” he said, “I had twenty-five thousand, I would take up the mortgages myself and foreclose at my leisure. It would be a good investment at that figure, even as things are, and besides, I should like to have that place. Twenty-five thousand, only twenty-five thousand, and now when I want it I have not got it. And I should have had it if it had not been for that tiger, that devil Edith. She has had more than that out of me in the last ten years, and still she is threatening and crying for more, more, more. Tiger; yes, that is the name for her, her own name, too. She would coin one’s vitals into money if she could. All Belle’s fortune she has had, or nearly all, and now she wants another five hundred, and she will have it too.
“Here we are,” and he drew a letter from his pocket written in a bold, but somewhat uneducated, woman’s hand.