| Content Description | First Party: Henry Pelham Archibald Douglas [Pelham-Clinton], 7th Duke of Newcastle under Lyne.
Second Party: Rev. Walter Hanwell Williams, clerk, of North Muskham, Nottinghamshire, Joseph Gardner, gentleman, of the Willows, North Muskham and Joseph Woodward, schoolmaster, of the School House, North Muskham.
Agreement that (2) will stand possessed of the stock referred to at (c) below upon trust to permit it to remain invested, to convert it into money or to make new investments; (2) will stand possessed of the annual income from the trust fund upon trust to reinvest what is not used, to discharge the cost of repairs to the chancel of North Muskham Church, to restore the level of capital investment if capital has to be used for the repairs and so on; agreement that (2) may employ an agent or solicitor to act on their behalf in the trust; agreement that (2) will not be liable for any loss to the trust by improper investment or by the negligence or fraud of any agent employed.
Note that the trust deed includes a plan of North Muskham and Holme, with lands which may be liable for the repair of the chancel coloured brown.
Ne 6 D 2/35/51/2 is a petition for a faculty for works of restoration to the parish church of North Muskham for the allotment of pews to the Duke of Newcastle under Lyne and T.L. Edge, dated 1906.
The bundle also contains several bundles of correspondence relating to North Muskham Chancel, and various other papers relating to the trust fund, including death certificates for trustees, appointment of new trustees, dividend requests and so on; these range in date between 1913 and 1952.
Recitals: (a) fact that (1) is seised of the Holme and North Muskham Estates, Nottinghamshire which he has recently put up for sale by auction; (b) fact that certain parts of the land on an attached plan are subject to the liability to discharge half of the cost of the repairs of North Muskham chancel; (c) fact that (1) has transferred £250 in £2.10.0. per cent stock with a view to discharging the liability. |