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To Mr Richd. Ellis at Hexham Newcastle 16 May 1761 Sir In ans[we]r to yo[u]r Lre of the 14th the Intrest of the £378 was settled to one time of payment due the 29 Sept[embe]r 1741 & has been regularly p[ai]d at £18.18s.0d a year ever since & the last payment was made Mr Kirsop to the 10th April 1760 (allowing for the alteration of the stile) I wish you would fill up a proper bond & charge it your acco[un]t & you will consider whether it sho[ul]d not be dated the 29th Sept[embe]r 1741 & who is the proper party the money sho[ul]d be made payable to, & also whether it ought to be endorsed on the Bond that it is the School Money, wch Sir Walter took for the benefit of the school; in order to prevent any dispute that might happen afterwards. P.S. I hope the Boat for the Tyne Mills arrived safe; I have paid for it & charged it to Sr Wrs acco[un]t so that you will only have to pay for the conveyance of it f[ro]m Newburn I am etc JR