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16 Carlton House Terrace
September 28th. 1841
My dear William
I am much obliged to you for your affectionate Letter by Captain Wickham, containing very interesting Details respecting the Church at Camden, and also of the Progress of the Vineyard
When Camden Church is finished you should commence an other in Argyll. As some Encouragement I am ready to convey to you in Gift, the whole of my Property there, with my share in the Stock at Camden and in the Colony – the Stock to be divided between James and yourself.
But in return you are to insure to me the gross Rental from the period of the Sale at the former, subject only to an equitable deduction
William Macarthur
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on account of Annuities, charged upon the general property of the Family of whatever Kind. The rental of all subsequent Leases at Pyrmont and at Parramatta (subject to a corresponding deduction), is also to be secured to me.
The proportion of Annuities chargeable on our respective Properties to be estimated according to the gross Receipts in each year, the charge however upon my Leasehold property never to succeed one third the gross annual amount of Receipts.
With respect to Camden it will be for you to make such disposition of your share of that Property, as you may deem fit.
I am wholly uninformed as to the Period to which the Annuities due to my dear Brother and Sisters have been paid, but having myself commenced by making a great sacrifice of Property, I am sure that they render my supposition of an arrear of
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annuity being due to them, will execute an acquittance or Receipt thereof in full to December 1841 inclusive To overburthen an Estate on account of Annuities and to leave an unpaid arrear is a species of of folly which may lead to inextricable con -fusion. the Annuities should be calculated according to a proportion, estimated each year by the Return of the Estate – a Proposition of which they who are most interested will see the Equity –
Believe me My dear Wiliam
Your affectionate Brother Edward Macarthur
P.S. Having reconsidered this Letter it appears to me fair that upon annuities falling in to that amount that certain Lands at Camden and P in Argyll should be charged in perpetuity with £500 per annum to be secured to my Estate EM
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Duplicate
16 Carlton House Terrace
September 28th. 1841
My dear William
I am much obliged to you for your affectionate Letter by Captain Wickham, containing very interesting Details respecting the Church at Camden, and also of the Progress of the Vineyard
When Camden Church is finished you should commence an other in Argyll. As some Encouragement I am ready to convey to you in Gift, the whole of my Property there, with my share in the Stock at Camden and in the Colony – the Stock to be divided between James and yourself.
But in return you are to insure to me the gross Rental of Lands at Pyrmont and Parramatta dateing from the period of the Sale at the former, subject only to an
