On the transfer of money to Francis Hall from his father's estate

Author: Unknown

Source: Keynes Ms. 148(C)4, King's College, Cambridge, UK

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  - 12 April 2021
    - Transcribed by Yvonne Martin-Portugues Santacreu
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<1r>

Whereas Tho: Hall Esq late Citizen & Freeman of London died possess'd of a personal estate of 42000^l over & above his debts & legacies & having by his Will in writeing bearing date the 14^th day of February made S^r Isaac Newton K^t Hopton Haynes Esq, the Rev^d M^r Martin Rector of S^t Mildred Poultry, & M^r Richard Walter his Executors devising all his personal estate to his said Executors for 3 years in trust for the Payment of his debts & Legacies and for improveing the same for the use of his Son F. Hall to whom they are to be acomptable at the end of the said 3 years during which time he left his said son an Annuity of|n|ly of 200^l a year to be paid to him quarterly by the said Executors with liberty nevertheless for them the said Executors with the consent & approbation of his good Friends Francis Earl of Godolphin, D^r Godolphin Dean of St Pauls, & Charles Godolphin Esq to advance & pay to & for his said son such other summs of money as they shall think fit for his benefit & advancement, & whereas the said F. Hall was the only Child left by the late Testator at the time of his death, & became thereby entitled immediately by y^e Custome of the City of London to one third of his fathers Personal estate notwithstanding the said Will, part of which third as much of as amounts to 14000^l the said F. Hall being <1v> now upon a treaty of marriage \\is|c|ontent should be vested in Trustees as a provision/ for his wife & children on such intended marriage/ as by a settlement agreed to be drawn up for this purpose may more fully appear now We the said F. Earl of Godolphin D^r Henry Godolphin Dean of S^t Pauls, Charles Godolphin Esq, S^r Isaac Newton K^t Hopton Haynes Esq, M^r Martin Rector of S^t Mildred Poultrey, & M^r Richard Walker having had it under our deliberation at the desire of the said F. Hall to consider what may be fit to be allow'd Further to the said F. Hall for his better accomodation & Equipment on his marriage, besides his own third part by the Custom of London agreed to be settled as afores'd have thought fit & determin'd pursuant to the clause in the said Will referring to our concurring consent & approbation for the benefit & advancement of the said F. Hall that there be paid & allow'd to him at present two thousand pounds more out of the said estate, which with his own third part of 14000^l makeing up 16000^l We think may be assign'd to him the sd F. Hall in Tallies & orders belonging to this estate on the Land Tax & Malt amounting to the said sum of 16000^l & that the Executors will & ought to be indemnified in paying to the said F. Hall the said sum of 16000^l <2r> on his giveing distinct receipts for the 14000^l. & the 2000^l in due form as the specialty of the several payments requires and we are further of opinion that the said F. Hall should accept of these summs & the proceed thereof as all he expects out of the estate for his provision during the residue of the 3 years, & that the residue of the Estate remain in the Executors management to be improv'd for answering the intention of the Testators Will; but with notice \to y^e sd F. Hall/ from time to time how the account stands.