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he was sold up by his creditors

  • 1 sell up

    transitive verb
    (Brit.) verkaufen; abs. sein Hab und Gut verkaufen
    * * *
    (to sell a house, business etc: He has sold up his share of the business.) pfänden
    * * *
    BRIT, AUS
    I. vi [eine Firma komplett] verkaufen
    this is a terrible location for a storethey'll be forced to \sell up up in a year dies ist kein guter Standort für einen Laden — in einem Jahr werden sie ihn aufgeben müssen
    II. vt
    to \sell up up ⇆ sth etw verkaufen
    to \sell up up a business/property eine Firma/Besitz verkaufen
    * * *
    (esp Brit)
    1. vt sep
    zu Geld machen (inf); (FIN) zwangsverkaufen

    he was sold up by his creditorsdie Gläubiger ließen seinen Besitz zwangsverkaufen

    2. vi
    sein Haus/seinen Besitz/seine Firma etc verkaufen or zu Geld machen (inf)
    * * *
    A v/t ein Geschäft etc verkaufen
    B v/i sein Geschäft etc verkaufen
    * * *
    transitive verb
    (Brit.) verkaufen; abs. sein Hab und Gut verkaufen

    English-german dictionary > sell up

  • 2 Beaumont, Huntingdon

    [br]
    b. c.1560 Coleorton (?), Leicestershire, England
    d. 1624 Nottingham, England
    [br]
    English speculator in coal-mining, constructor of the first surface railway in Britain.
    [br]
    Huntingdon Beaumont was a younger son of a landed family whose estates included coal-mines at Coleorton and Bedworth. From these, no doubt, originated his great expertise in coal-mining and mine management. His subsequent story is a complex one of speculation in coal mines: agreements, partnerships, and debts, and, in trying to extricate himself from the last, attempts to improve profitability, and ever-greater enterprises. He leased mines in 1601 at Wollaton, near Nottingham, and in 1603 at Strelley, which adjoins Wollaton but is further from Nottingham, where lay the market for coal. To reduce the transport cost of Strelley coal, Beaumont laid a wooden wagonway for two miles or so to Wollaton Lane End, the point at which the coal was customarily sold. In earlier times wooden railways had probably been used in mines, following practice on the European continent, but Beaumont's was the first on the surface in Britain. The market for coal in Nottingham being limited, Beaumont, with partners, attempted to send coal to London by water, but the difficult navigation of the Trent at this period made the venture uneconomic. With a view still to supplying London, c.1605 they took leases of mines near Blyth, north of Newcastle upon Tyne. Here too Beaumont built wagonways, to convey coal to the coast, but despite considerable expenditure the mines could not be made economic and Beaumont returned to Strelley. Although he worked the mine night and day, he was unable to meet the demands of his creditors, who eventually had him imprisoned for debt. He died in gaol.
    [br]
    Further Reading
    R.S.Smith, 1957, "Huntingdon Beaumont. Adventurer in coal mines", Renaissance \& Modern Studies 1; Smith, 1960, "England's first rails: a reconsideration", Renaissance
    \& Modern Studies 4, University of Nottingham (both are well-researched papers discussing Beaumont and his wagonways).
    PJGR

    Biographical history of technology > Beaumont, Huntingdon

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