McManus 168

1874

“Sale of damaged jute etc saved from fire at Shaw, Baxter & Moon’s works. Exposer: David Dick, 10 Panmure Street.”^[24]

1875

“Fatal accident at warehouse in Craigie Yard, Seagate belonging to David Dick.  An employee of Cochrane, Dawson & Co. was weighing jute for his employers when he was crushed by a falling bale and killed. Deceased was son of Rev. Andrew Inglis of Dudhope Free Church.”^[25]

1876

Craigie Yard Warehouse Co. “Mr David Dick has ceased to be the manager and has no power to sign any documents for the company.”^[26].

1876

“David Dick failed to appear at his bankruptcy hearing on 28th December 1876.”^[27]

1877

Creditors Meeting: “Second meeting of creditors of Mr David Dick was held in Lamb’s Hotel. Unsecured liabilities were £18,420 (nominal value at 2018: Relative to income – £14,736,000) and available assets £2,030 (nominal value at 2018: Relative to income – £1,624,000),-or 2s 2d (11p) per £1.^[28]

Advert:  “From the Trustee of the sequestered estate of Mr David Dick sale of a large quantity linen goods.”^[29]

Advert:  “From the Trustee of the sequestered estate of Mr David Dick sale at 2 Magdalen Yard Road the whole valuable household furniture and effects including valuable oil paintings sale at 2 Magdalen Yard Road.”^[30]

“David Dick charged with breach of trust and embezzlement, and outlawed.”^[31]

“Creditors of David Dick will receive a dividend 31st May 1877.”^[32]

David Dick named as a partner in the Craigie Yard Warehouse Company and  “…said to have absconded from the country.”^[33]

David Dick, recently a merchant in Dundee, was, in 1876, a customer of the Commercial Bank and, according to his request, they instructed the London & Westminster Bank to honour the drafts of Messrs Wiseman, Mitchell, Reid & Co of Calcutta for various goods  – jute and castor oil, amounting to the sum of £3130 1s 6d (nominal value at 2018: Relative to income – £2,504,000). Upon arrival in Dundee, these goods were stored in the warehouses at Craigie Yard, of which David Dick was manager. In addition, further sums were advanced to David Dick for what turned out to be non-existent goods, amounting to £4273 7s 11d (nominal value at 2018: Relative to income – £3,418,400). When further payments were suspended on 30th November 1876, it transpired that David Dick had removed the original goods, worth £3130 1s 6d (nominal value at 2018: Relative to income – £2,504,000), and sold them for his own purposes.^[34]

1881

David Dick is recorded as having emigrated to Canada this year.^[1]

1886

Further “wreckage” ?  Potential collateral damage ?

Obituary:  “Death announced of Mr Herman Ree who was at one time well known in Dundee, having carried on business here for a number of years. He came to Dundee from Leith where he had been engaged in the corn trade and started business as a merchant and jute manufacturer, his works being at Blackness.

Some eight or ten years ago (i.e. 1876) his affairs became involved and he suspended payment, but he honourably paid all his trade debts and retired to London where he died. He was about 60, leaving a widow and family. He was at one time Captain of one of the volunteer corps.”^[21]

1904 

Obituary of David Dick makes no mention of his “difficulties” !

“DEATH OF DUNDEE MERCHANT CANADA.  The death is announced of Mr David Dick, a gentleman who was for many years connected with Dundee staple trade. The sad event took place at Toronto, Canada, where Mr Dick passed away the ripe age of 91 years. As indicated, the deceased gentleman was widely known to a former generation engaged in the local trade. For many years he conducted the business of Mr Hermann Ree, who owned Blackness Factory.  Thereafter he carried on a somewhat extensive merchant business and, for long, acted as manager of the Craigie Yard Warehouse Company. Dick was well known in the east end by his long tenancy of the old house of Carolina Port, which was demolished to permit the erection of the City Markets. He was an elder in St. John’s Free Church under Dr Roxburgh and under Rev. A. O. Laird. Fully a quarter of a century ago he left Dundee and settled in Canada. The deceased gentleman is survived by two sons and four daughters.”^[13]