Summa (Latin for sum/total) of the Inventary J c ij lib (= £102 Scots)
ffollows the debts awand (= owing) to the dead (= the deceased)
Item their was adebted (= addebted) and restand (= resting/remaining) awand to the said
umq[uhi]ll (= late/deceased) Alexander
Welsh the time of his decease abovementioned the debts and summs of money
underwri[tti]n (= written below) To Witt by Robert Tait and William Torrance tenents in
Lochquarret for ane (= one) years rent of the Lands y[ai]rof (= thereof) cropt (= crop) Jajvij c and
Sex years (= 1706) Jaj j c xxxiij lib vj s viij d Scots (= £1,133 6/8d Scots) per tack (= lease) dated
the [blank]
day of [blank] Jaj vij c and [blank] years (= 17--) Item more be (= by) the said Robert Tait
and William Torrance Lxxxj lib Scots (= £81 Scots) only resting (= remaining) of ix c xlviij lib (=
£948 Scots)
contained in ane (= a) bond granted be (= by) them to the said umq[uhi]ll (= late) Alexander
Welsh dated the viij (= 8th) day of march Jajvij c and vj years (= 1706) with ane (= a)
proportionate
pairt (= part) of j c lib (= £100 Scots) of liquidat (= fixed by the terms of a bond as a financial
penalty) expences and @rent (= annualrent = interest) of the said remaining summ
Summa (= sum/total) of the Debts awand (= owing) to the Dead jaj ij c xiiij lib vj s viij d (= £1,214
6/8d Scots)
Summa of the Inventary with the debts jaj iij c xvj lib vj s viij d (= £1,316 6/8d Scots)
Sir James Elphinston Understanding we Decerne (= decide/decree) whereupon
William Williamson mer[chan]d (= merchant) in Ed[inbu]r[gh] became cau[tioner] as ane (= an) act
bears
As usual, there are some "fillers" that are just squiggles to fill space and mean nothing. I have ignored them.
The cautioner stands surety for the executors carrying out their duties properly. Sir James Elphinston will be the commissary.
All sums of money are in the £ Scots, which was worth one twelfth of the £ Sterling.
