Letter – William Darwin to Walter Blackett – 13 Jun 1767

Sir

      I have the honour of your Letters of the 6th. & 8th.  instant the latter inclosing me Mr. Rich[ar]d Wrays Letter about the <Horsgates>, I had previously received the like account from Sir Edw[ar]d Blackett and that he agreed to take £60 for it, the very sum you mention & I have given a notice of motion accordingly for the next Wednesday being the Seal day in Chancery, & then I shall get forwards with those purchases as fast as possible.

      Sir Edward Blacketts Stock being sold I have purchased for you in 3 p Cent Bank and Consol £2000 which stands in my name for your use & I have inclosed you the Cash <bires>  Receipt with my Declaration of Trust on the back, which you will please to take care off, as it must be returned me when you give orders for the Stock to be sold.

                                                                £  s  d

This Stock was purchased at 88 3/4 p Cent so that it cost    1775  0  0

Commission                                                      2  0  0

Recd more of Sir Edwd for your use & placed to your acct      566 14  4 1/2

                                                            £2343 14  4 1/2



Which £2343: 14: 4 ½ with your own £2700 is in full of the £5000 & £43:  14:  4 ½ remaining due to you from the Trust Estate.

     I called at Mr. Waldo’s yesterday morning but he was not at home, my letter to him of the 3d. instant and which I gave you an Account of was to this effect – ‘As you can’t get a further sum fixed so as to pay off Mr. Savage, Sir Walter told me before he went it would not be convenient to him to take the other £12000 because the Lendor of such a lone [sic] to be sure will not chuse to be a second Mortgagee and Sir Walter does not care to incumber any other parts of his Estates but those in Mortgage to Mr. Savage, if you should hear of a Loan of 30, 35, or £40,000. at 4 p[er]cent would be more agreeable to Sir Walter as it would pay off Mr Savage as well as answer his offer purposes’ so I make no doubt if Mr. Waldo can procure such a Loan at 4 p[er]cent he will as it is for his advantage by saving 10 p[er]cent & immediately let me know, but as I have already mentioned  I don’t apprehend it will be got at 4 p[er]cent, the sum being large & then the time for taking it (vizt) 6 months after it is found or agreed upon for, as you can’t well take it before, as 6 months notice must be given Mr. Savage, which is an Inconvenience. So I think you ought not much to depend upon his procuring it. Supposing an advertizment was to be put into the paper of the following purport.



Any person willing to lend from 30 to £40,000 at 4 p[er]cent for 5 or 7 years certain, may hear of a very ample Security on Lend by applying to Mr Darwin in Grays Inn.



     I am very sorry to hear your disorder still continues & though nervous complaints are not so easily removed as accidental colds, yet I hope a little warm weather & your disengaging yourself from all kinds of business which may perplex the mind will be a means of soon reinstating you in your health, which is the sincere wishes of Sir

      Your most obed[ien]t & very humble Servant

      Wm. A. Darwin

Grays Inn

13 June 1767



I have wrote to Mr. Totton, Mr. Shepherd & Mr. Mailman who married three of the late Mr. Jurin’s Sisters (by Sir Edwards direction) for their consent to the Sale of the ferry at Hexham, and as soon as I have their answers will apprize you thereof – Mr. Ord will be in Town on Tuesday & on Wednesday I shall see him upon that business.



The inclosed letter for Mr Blake came under <bearer> addressed to you  there was other [?] Letter with it, I can’t find out Mr. Blake, you will please to direct it for him.





[Enclosure: joint stock security certificate, filled out with personal details and date by hand:]



Consolidated £3 per Cent. Annuities.

Received this 12th Day of June 1767 of  Mr. Will[ia]m Alvey Darwin The Sum of Seventeen Hundred & Seventy-five Pounds being the Consideration for Two Thousand Pounds Interest or Share in the Joint Stock of Three per Cent. Annuities erected by an Act of Parliament of the 25th Year of the Reign of King George II. entitled, ‘An Act of converting the several Annuities therein mentioned into several Joint Stocks of Annuities, transferable at the Bank of England, to be charged on the Sinking Fund’; and by an Act of the 28th, the 29th, the 31st, the 32nd, and the 33d of George II. and the 1st and 6th of George III. together with the proportional Annuity at £3 per Cent. per Ann. attending the same by me this Day transferred to the said W[illia]m Alvey Darwin.

Witness <J> Little 

Witness my Hand  Gael Morris



[on verso:]

12th June 1767

I hereby declare that the within mentioned Capital Stock of Two thousand pounds is the property of Sir Walter Blackett Bart. and that my name is used in Trust only for him

As witness my hand

Wm. Alvey Darwin