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Encloses memorandum.

Advises Patrick Geddes the best way forward is for the Town and Gown Association to proceed to go into voluntary liquidation in order to avoid a court case initiated by the bondholders who demand their loans back.

Confirms replying to Patrick Geddes’ official letter of the 14th of July, and now writes concerning the private matter. Addresses Geddes’ concerns regarding Thomas R. Marr’s delay in handling the payment of the outstanding rent for the Outlook Tower. Mentions the Summer Meeting debt. Expresses his disapproval with Geddes’ proposition to ask the Secretaries of the Town and Gown Association to stir up the Outlook Tower Committee.

Discusses the appeal for money in order to purchase More’s Garden. Mentions John Ross.

Discusses financial decisions regarding a new loan and having found no other lender other than the North British and Mercantile up to that point. Mentions Mr. Horniman and Mr. Walker.

Discusses his meeting with John Ross and the negation of the debt payable to Henry Beveridge by the Town and Gown Association. Encloses a copy of John Ross’ letter [not extant]. Mentions Victor Verasis Branford’s efforts to seek persons who could give a loan to the Association on a permanent basis.

Gives an overview of the current financial status of the Town and Gown Association, explaining its financial difficulties relating to the debt owed to one of the previous Directors of the Association, Mr. Henry Beveridge. Hopes William Stowell Haldane might help. Mentions Lord Shaw and Lord Balfour.

Details his efforts in selecting names from the Register of Members of the General Council of the University of Edinburgh to whom he could send a Prospectus of the Town and Gown Association in order to obtain funding. Apologises that Harry W. Methuen’s letter of 1st May was not delivered until that day. Suggests sending a letter written by A.J Balfour and signed also by Lord Pentland in support of the Prospectus.

Lists the sums needed to cover the Town and Gown Association debts. Mentions Henry Beveridge, Professor Crum Brown, G.A. Gibson, Professor F.M.Caird. Three copies.

Reminds Patrick Geddes of the proposal that Professor Cunningham should become a Director for the Town and Gown Association. Gives a positive account on the number of residents staying at the Halls. Confirms promotional booklets are being sent to students who have entered Preliminary Examinations. Discusses the extent to which Lister House, Ramsay Lodge, Blackie House and St. Giles are being booked. Mentions the Venture at Musselburgh has not been successful that year. Mentions Dr. Gibson, Mr. Caird, professor Alexander Crum Brown, Lorne Campbell, Professor Martin and Professor McEwan.

1. Writes concerning the repayment of a loan to Henry Beveridge by the Town and Gown Association and encloses a copy of a letter from Ross and Connell dated the 8th of November [extant]. Suggests the only way forward is either the voluntary liquidation of the Town and Gown Association or dividing the shares of the Association.

2. Enclosed copy letter from Ross and Connell, to Whitson and Methuen, 8 November 1910.
   Acknowledge receipt of Whitson and Methuen’s letter of the 7th of November. Reassert Henry Beveridge’s position and call for the repayment of the loan and the incurred interest. If the Town and Gown Association cannot repay the loan, then Henry Beveridge will place the Association in liquidation.

Acknowledges receipt of Patrick Geddes’ letter. Discusses the possible liquidation of the Town and Gown Association in the event the debt to Henry Beveridge cannot be repaid, his skepticism regarding the benefits of a meeting between the Town and Gown Association and the University and City Association and the difficulty of selling the Lawnmarket property. Mentions John Ross of Ross and Connell.

Acknowledges receipt of Patrick Geddes’ two letters. Discusses the urgency of having all Directors of the Town and Gown Association sign an official document. Tells Geddes that unless they find other lenders or secure a new loan with the North British and Mercantile Insurance Company, the Town and Gown Association faces great difficulties. Mentions Miss Forbes, Andrew John Herbertson, McCandlish, and Mr. Page.

Advises Patrick Geddes to find someone to take over Henry Beveridge’s liability in order to secure the loan from the bank. Mentions Professor Alexander Crum Brown, John Ross, and Henry Beveridge.

Discusses Dowell’s report on the property market for 1911, taxation and the Government’s Town Planning Bill.