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Blackett and Allgood Sir William & Mr. Wentworth & Sir Walter Blackett propose & agree that the Estates in the Counties of Northumberland & Durham of the late Sr. Wm. Blackett & part of which were intended to be sold for the Payment of the said Sr. Wm Blackett’s Debts according to the Directions of his Will shall not be sold or any part of them without the Consent of the said Mr. Wentworth or his Issue Male but that the Mortge & other Debts affecting the Estate shall be continued thereon during the Lives of the said Sr. Walter. Blackett & Dame Elizabeth his Wife & the Survivor of them, unless they or either of them shall have Issue Male that shall arrive to the Age of 21 Years, & in cons’n thereof the said Mr. Wentworth the next and imediate Remainder Man now being under the Limitations of the said Will to take after the respective deaths of the said Sr. Walter Blackett & Dame Elizabeth his Wife without Issue Male being satisfied of the great sums of Money that the said Sir Walter Blackett has laid out in his Buildings & other Improvements on the said Estates & being desirous that the same Estate should be preserved & not disposed off; Therefore he & the said Sir Wm. Wentworth agrees that if it shall happen that the said Mr. Wentworth or his Issue Male shall at any time hereafter come into possession of the said Estate under the Limitations of the said Sir Wm. Blackett’s Will that they or their heirs Extors or Admors shall then pay to the said Sir Walter Blackett his Extors Admors or Assigns the sum of £10,000 in Case no parts of the said Estates shall then be sold without such Consent. And the said Sir Walter agrees & undertakes that no part of the Estate shall be sold during his Life unless he have Issue Male who shall attain to 21 Years without the Consent of the said Mr. Wentworth or his Issue Male & that in case Lady Blackett, shall survive the said Sir Walter Blackett & any part of the Estate shall be sold (unless she have Issue Male who shall attain to 21 Years) without such consent That then the said £10,000 shall not be payable. Also agrees the Leasehold Estate to be comprised in this Agreemt. & the Lives & Terms of Years to be renewed according to an Agreemt. signed by the said Sir Walter. [Note in the margin:] This is explained by the memorandum on the other side. This Agreemt. Is to be put into form & vested with proper Recitals by Mr. Denton & Mr. Wilson. [the ‘memorandum on the other side’:] I do hereby declare & agree that the several & respective Leaves for Lives and Years granted by the Bishop of Durham to or in Trust for me of any Tenemts or Heredits whatsoever wherein Sir Wm Blackett Bart deceased was in his Life Time Interested are part of the Trust estate given by the last Will of the said Sir William Blackett & as such are to be renewed from time to time, & to continue & be subject to the several Trusts & Bequests mentioned in such Will Witness my Hand this day of April in the year of our Lord 1748 The above Declaration is indorsed by Mr Denton. Mr Blacketts Declaration as to the Leasehold Estates being part of the late Sir William Blacketts Estate. 7 April 1748 Sent Sir W Blackett docs to sign and then to send it to Mr Wilson at Pomfrett
This appears to be a draft of an agreement regarding the settled Blackett estate anticipating the possible eventual inheritance by Sir William Wentworth’s son Thomas under the terms of the will of Sir William Blackett (d.1728).