|Content Description||First Party: William Williamson, esquire of Monk Wearmouth, Durham, son and heir apparent of Sir Robert Williamson, [3rd] Baronet.|
Second Party: John [Holles, 3rd] Duke of Newcastle [upon Tyne].
In pursuance of the agreement recited at (c) below, and in consideration of £360., bargain and sale from (1) to (2) of all his tenement, farmhold and husbandry set lying in Monk Wearmouth, Durham, together with all buildings, lands and appurteances; also of all the property lately leased to (1) by the Dean and Chapter of Durham Cathedral for the term of 21 years; includes proviso that (1) shall for the next 10 years pay a yearly rent of £14.8.0., and also to pay the principal sum of £360. on 29 Sep. 1714; also that the reversion and inheritance of the property in Walkeringham conveyed to 1st Baron Herbert and Sir Thomas Pelham in trust for (3) shall be absolutely free and discharged of all manner of title, equity and right of redemption.
Recitals: (a) (1) and his father Sir Robert Williamson, along with others, have conveyed to (2) property in Walkeringham, Nottinghamshire; (b) with respect to Sir Robert, some doubt has been expressed of his title to the reversion in fee or equity of redemption; (c) (1) has agreed to give to (2) security to the value of £360., and that he will, within the space of 10 years, procure the same premises to be absolutely discharged of all incumberances by Sir Robert or on any act of bankruptcy.
Endorsed by (2) that if (1) within the next 3 months executes an indenture to (2)'s of all the property above, and also delivers the original lease of the property from the Dean and Chapter of Durham Cathedral, then (2) shall pay to (1) the sum of £360.; dated 8 Mar. 1703 [1704 new style].
Dated 3 Anne 1704.