Letter – Nicholas Walton to John Bell – 25 Feb 1794

       Newcastle 24th Feb[ruar]y 1794

Nich[ola]s Walton Junr Esqr & Co



       We hold your Note on demand for £600 on acc[oun]t Allendale Common dated 13 March 1792 as we are now calling in all our Securities, we must request that you will discharge it on or before the 12th March next. We are respectfully

       Y[ou]rs

       Baker Hedley & Co



       Farnacres 25th Feb[rua]ry 1794

Messrs Bell & Ruddock



Gent[leme]n

       Having rec[eive]d a Letter from Baker Hedley & Co demanding Payment of the £600 borrowed on Note for the purpose of obtaining an Act for the Division of Hexhamshire and Allendale

Common I think it necessary to send you a Copy as above. I intend first calling upon Mr Heron and afterwards calling upon the Gent[leme]n who certainly must be p[ai]d the Money and with Int[erest]. I think the Commissioners appointed to Divide Allot etc the above Common should with all convenient speed make a rate so as to be ready to collect such a Sum as shall be sufficient to discharge the Note above referred to and Int[erest] and to pay the Commissioners and Surveyors on Acc[oun]t of proceedings and  especial care sh[oul]d be taken that in laying on the rate no Person to whose right of Common in toto is included. I must beg the favor of you Gent[leme]n to attend to this and desire you will request a Meeting of the Commissioners for the Division and get every thing put in a way of being properly adjusted respecting this business. I propose endeavouring to get til Midsummer for Payment of the Money due on the Note or the 12th of June as that would give time for collection of the Money and if it c[oul]d be paid sooner it w[oul]d be very well but as I understand Mr Beaumonts Pays are not to be till about the Middle of May no money can be had from the generality of the Proprietors before that time. But suppose the Gent[lemen] of the Bank will not be satisfied to wait till the middle or towards the latter end of June & insist upon their Money on the 12th of March what is to be done as to raising it. The power given to us to borrow will I apprehend cease on Payment of the £600 & Int[erest] so that I doubt we must raise the Money upon our own Security. I beg to be informed what you think as to this & desire to hear from you the very first opportunity.   I am	Gent[leme]n

       Your very h[um]ble Serv[an]t

       Nich Walton Junr



PS If we sh[oul]d borrow Money on our own Security who is to make that and the Interest good.