Purchase of Tom Paton's farm at Burn and Midton 1940


STATEMENT
between
Mr. THOMAS MAIR PATON, Farmer, Burn,
Annbank Station
and
WILLIAM H. McCOSH, Soliscitor, Ayr,
relating to the purchase of his
Farm of BURN and MIDTON

1940
(1) SUM in Deposit Receipt
£2900
-
-
Bank Interest received thereon
4
4
-
£2904
4
-

PRICE, with proportion of Stipend,
Rates and Taxes paid to the Agent
of the SELLER, per State
2868
17
-
BALANCE in Hand
£35
7
-

(2) OUTLAYS and EXPENSES including Govern:
:ment Stamp, etc. and Mackenzie,
Robertson & Co.'s Account:-

(a) Outlays:-
To Account payable to Mackenzie, Robert:
:on & Co., Solicitors, Glasgow,
Agents for the Clydesdale Bank
Limited, for preparation and com:
:pletion of the Bond of Cash Credit
for £2000 including Stamp Duty
27
11
8

Stamp Duty forBurn Disposition
29
-
-

paid Registrar, dues of registration
in Edinburgh
3
-
-

paid Postages, telephone dues and
miscellaneous outlays
1
17
6
61
9
2

(b) Fees
W. H. McCosh, Account for professional
services rendered in connection with

(1) Preparation and completion of Dis:
:position of Burn by Mrs. Hetty K.
Holmes in your favour; examination
of title; registration of Dispos:
:ition in the Property Register and all
incidental matters; Price £2825;
Revising Bond for Cash Credit for
£2000 granted to Clydesdale Bank
and safeguarding your rights includ:
:ing all meetings, consultations
and correspondence with Mckenzie.
Roberton & Co. carrying through and
completing transaction. Fees as
fixed by Law Society's Scale of
Charges
41
-
-
Special discount allowed
2
-
-
39
-
-

(2) Modified Charge to cover meetings
and voluminous correspondence in
connection with the difficult
negotiations

2
Brought forward
£100
9
2
negotiations whereby an abatement
of £75 on the price was obtained
£5
5
-
£105 14 2

ABSTRACT
Amount of Outlays and Expenses as
above
£105
14
2
Balance in hand as above
35
7
-
£70
7
2

Ayr 12/3/40
Received Payment
W. H. McCosh
£70: in full

Paid Cheque
£2900
Paid as above
70
£2970
Price of farm
£2825
£145
Deducted proportion of owners rates
and land tax & stipend payable by me £43
less £22 refunded by income
21
tax office
£214
Total law expences &
stamp duties


As written on the reverse
16500
2950
13,550

160000