Letter – Henry Richmond to William Darwin – 23 Nov 1770

Document Type: Letter
Date: 23 Nov 1770
Correspondent: Henry Richmond
Recipient: William Darwin
Archive Source: NRO 672/E/1E/3
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To Mr Darwin  Greys Inn  London                                   Newcas.   23rd   Novemr 1770

   in  London

Sir     Inclosed is Bell Cookson & Cos. bill on Glyn & Hallifax  for Four Hundred Pounds, as above; which I desire you will place to my Account & advise me of the receipt of.  This £400 is part of my Sister Lowthians Fortune, & was, on her Marriage, settled in Trustees, of whom I am one; & having been lately lent on Mortgage in my Name, & now paid in again, My Sister has approved and consented as she has a power to do by the Deed of Separation , that this Money shall, to prevent further Changes be vested in the public Stocks, & remain there for the uses contained in the Marriage Articles.  I have for that purpose sent it to you & desire you will inform yourself, & then advise me, which of the Stocks will best answer the End proposed, I mean rather of securing the Principal than obtaining the highest present interest.   I am told the  3 p cent Consolidated Annuities are the likeliest to do this; but shall in a great measure be governed by what you advise.  This may be determined on, I hope, before the Bill becomes due, & that we may get the Money vested with as little loss of time to my Sister as possible after you are in Cash for the Bill .  You will be so good therefore as get the proper Instrument sent down for me to execute; and consider to whom the power of accepting etc (but not selling) should be granted.  I say this because I do not know how to ask it of you to receive the dividends Yearly tho’ My Sister will willingly pay your Expence and trouble in doing it & I shall think myself obliged to you.  I hope you reced my Letter of the 14th instant - the Mail was taken from the Boy between here & Durham, but returned to him, as the Scotch Bag was not in it.   PS.  What Expence you may be at in negociating this Matter you will place to my Account,     I am etc    HR

£400 .  . Newcastle Bank  23rd   Novemr 1770

Twenty days after date pay to the Order of Mr Henry RichmondFour Hundred Pounds           Value received For Bell Cookson Carr Airey & Self Jos. Saint

Pay the Contents to Mr William Alvey Darwin or Order value in Acct. Hen Richmond

Messrs  Glyn & Hallifax London                               

No  33787                                  

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The Dukesfield Smelters and Carriers Project aimed to celebrate and discover the heritage of the Dukesfield Arches & lead carriers' routes between Blaydon and the lead mines of Allendale and Weardale. A two year community project, it was led by the Friends of the North Pennines in partnership with Hexhamshire and Slaley Parish Councils and the active support of Allendale Estates. It was funded by the Heritage Lottery Fund and the generous support of other sponsors. Friends of the North Pennines: Charity No:1137467