Letter – Nicholas Walton to Cuthbert Constable – 26 Sep 1738

Sir

The Inclosed came to my hand last post with orders to send them to you by a Carefull hand. I therefore send the Bearer by whom you will please to Acknowledge the Receipt of them from me, and be pleased either to give Mr Corbetts Letter an Answer by him or by post.

I am Sr

Your most Hble servt

Nicholas Walton

September 26. 1738





A Copy of the Boards Minutes Sent Cuthbt. Constable Esqr 



At a Generall Court for Greenwich Hospittall held at the Admi[ral]ty Office the 21 Sept 1738

Present

The Right Honble Sr Charles Wager Knight 

Honble Lord Vere Beauclerk, Honble Sr Thomas Frankland

Mr Haddock
Mr Bell
Sr Charles Hardy
Sr Jacob Acworth
Mr Baxter
Mr Hunter
Mr Pearse
Doctor Cockburn
Mr Allix
Mr Fawler
Mr Corbett

Mr <Seawall>
Capt Vanbrugh



Resolved that the Secretary do give notice this day in the stance of the Com[missioner]s to the Respective Mortgagees and Incumbrancees upon the Derwentwater estate, that if they are willing to accept of 4 per Cent per Annum Interest from Ladyday next and to receive their principall money or any part thereof not less than £1000 in a paymnt at any time without insisting on the usual notice,the Com[missioner]s are willing to agree with them on these Terms – but if they are not satisfy’d with that Interest and upon these terms which are the Conditions offered by the Bank of England he is then to give them warning that the Commissione]rs will pay them off at Lady day next Ensuing, or at any time before that they shall Desire, and that no Interest shall be paid or Continued after that time.

      By Command of the Comm[itioner]s

      A true Copy Wm Corbett





Copy of Wm Corbett Esqrs Letter To Cuth.Constable Esqr



Sir

	By order of the Com[missioner]s of Greenwich Hospitall this day assembled at a General Court Inclosed I send you a Copy of the Resolution they are come unto, in relation to the Mortgages and Incumbrances on the Derwentwater Estate and in obedience thereto, I am to acquaint you that if you are willing to accept of £4 per cent per annum interest on £5,900 owing to you from the Derwentwater estate from Ladyday next, and to receive your principal money or any part thereof not less than £1000 in a payment, at any time without insisting on the usual notice, The Commissioners are willing to agree with you on these Terms, but if you should not be satisfyd with that interest and upon these terms, which are the conditions offered by the Bank of England I am to give you Notice, as I hereby doe, that the said Com.ers will pay off your Debt and Interest at ladyday next ensuing, or at any time before if you shall desire it, and that no interest will be paid or continued after that time. I pray the favour of your answer in writing and am

      Sr Yr most hble servt

      Wm Corbett