Robert Carter writes to London merchant Micajah Perry, August [3-8, 1723], about a bill of exchange payable to John Bagg he has drawn on the account of his late son-in-law, Nathaniel Burwell, in which his other son-in-law, Mann Page, will join him in signing. He refers to an annuity he has offered the merchant, and notes that if Perry will not accept it, he thinks he will write to soon to direct Perry to use the cash to buy bank stock.

     This is a Short line Via Glasgow to Advi[se]
You of a Bill of Exche. that I drew on You Yesterday ^{for One hundred P[ounds]} payab[le]
to Mr Jno Bagge to be Answerd out of Mr Burwells Mon[ey]
Which We have placd Out to Interest According to the Tenor of
his Will, I conclude the Bills in the plural Number Mr Bagg
is to carry them to Collo. Page for his Signing also.

     I Observe in the prints An Act is passd for paying off the
Unsubscribed redeemable Annuitys, under which denomination I
take mine to be, I am in great hopes when You are under the Necessity
of receiving my Annuity, That You will take it upon the proposal I
have made to You, but if no Consideration will move You to It, I believe
my next will bring You possitive Orders to Turn it Into Bank-Stock
and I shall be desirous to Add as much Money to It as will make
It fifteen hundred pound Bank Stock, which now I Observe runs
At One hundred & Seventeen & Sometimes lower I am