| Content Description | First Party: James Frederick Thomson, farmer, of Elkesley, Nottinghamshire.
Second Party: Henry Pelham Archibald Douglas [Pelham-Clinton, 7th] Duke of Newcastle under Lyne.
In consideration of the sum of £100 owing from (1) to (2), covenant from (1) to (2) to repay the sum with interest at a rate of 7%; as security, (1) covenants to surrender to the lord of the manor his house known as 'Oakdene' in Mansfield Road, Edwinstowe together with all the buildings belonging to it, to the use of (2) in customary fee simple; covenant to become void on repayment of the £100 with interest.
Endorsement by Messrs. Beckett and Company, dated 17 Sep. 1918 indicates that the property was sold privately, after having been offered for sale at auction, and did not realise sufficient to meet the original mortgage demands [£780 mortgage].
Recitals: (a) fact that (1) is seized in fee simple of the property concerned, subject to customary rents and also to a mortgage sum of £780 and interest advanced by Messrs. Beckett and Company, bankers; (b) fact that (1) is indebted to (2).
Ne 6 D 2/17/1/2 is a copy of a letter from E.S. Spencer, solicitor, to Messrs. Beckett and Company dated 12 Aug. 1909; informs them that the property known as 'Oakdene' in Edwinstowe is covenanted to be surrendered to the use of the Duke of Newcastle under Lyne to secure payment of the sum of £100 and interest. |