Sir James Sutherland Mackenzie assigns various debts owed to him to Joseph William Forbes in exchange for a loan of 660 pounds. This included debts from a bond for 3,319 pounds 5 pence owed by John Hay Mackenzie as well as a bill for 1,050 pounds owed by Messrs. J.R. Bowine and Company. Joseph William Forbes would be entitled to collect on these debts in order to repay the loan plus interest and expenses. Sir James also agreed to provide the necessary documentation to Joseph William Forbes to allow him to collect on the assigned debts.