initialize()ってなんだろ
ふつうこんな感じで使うよね?
(Form1.h)
class TForm1: public TForm
{
     :
     :
private:
    TMemoWithDnD* Memo1;
     :
     :
     :
};

(Form1.cpp)
__fastcall TForm1::TForm1(TComponent* Owner)
: TForm(Owner)
{
    Memo1 = new TMemoWithDnD(TForm1);
}
//---------------------------------------------------------------------------
void __fastcall TForm1::reset()
{
    Memo1->Liness->Clear();
}