The Highland monthly - National Library of Scotland

512 The Highland Monthly.
The annual interest and rents at this time
amounted to ... ... ... ... 182 10 o
At the expiry of his tenure of office the
capital was the same ... ... ... 3580 o o
The amount of annual rents due about ... 221 o o
and a balance due by the Treasurer ... 34 4 9^
There is a copy of an amusing letter sent by the Moderator
of the Kirk-Session to Provost John Mackintosh in
October, 1805. The Provost and some other gentlemen
had applied to the Session for the loan of ;^iOOO, perhaps
part of Bailie Young's Mortification. The letter apologises
for their feeling an obligation to lend money upon heritable
security only, a course they had very properly resolved on
some time before (in those days heritable security was
fairly reliable) ; it also mentions that they had a proposal
to borrow the money on undoubted heritable security, but,
strange to say, it goes on to explain that if the Provost and
his friends found it impossible to get the money otherwise
they would lend it on the express condition that it be repaid
at Martinmas, 1806, as they did not feel at liberty to decline
heritable security for a longer period. The transaction,
however, was not carried out, for at Martinmas, 1806, the
bond on Newmore's estate for ^1000 still formed part of
the Fund.
On 25th November, the same year, the Session entertained
an application from Macdonell of Glengarry to
borrow any money they might have to lend ; and after
hearing a favourable report of his estate and rent-roll, then
stated to be ;^6ooo per annum, resolved to lend him ^1500
or iJ"i6oo on his estate, with collateral security for the
and on 13th January following they fixed the sum
interest ;
to be so lent at ;^i6oo.
On the death of Mr A. Murray, the Session upon 22nd
May, 18 10, appointed the ministers a Committee to meet
with his Trustees and examine the Hospital funds and
accounts, and to report. This they did upon the ist Maj-,
181 1, when the Rev. Thomas Fraser was requested to take
charge of the funds until a proper person was appointed
Treasurer. The Session also declared their entire satisfaction
with Mr A, Murray's intromissions while Treasurer,
•and granted a discharge to him and his security.
(to cr con-i-inl:i:d.)