Loan for $75

For value rec’d I promise to pay or cause to be paid to William Hay or his heirs or assigns on or before the fifteenth day of June next ensuing date hereof the sum of Seventy five Dollars in specie on Bank Notes of the United States or State of Virginia for the true payment whereof I hereby bind my self my heirs --  Execs & admit  Witness my hand and Seal this 27^th of March 1822
                                                                                 [           ]  (Seal)

Test
  Sam’l MCray

Memo – on further consideration it is Mutually agreed on that the current State Notes of North Carolina will be rec”d in discharge of the above at said time of payment----
Wm. Hay

Rec”d this 27^th of March 1822 from James T. Gleaves four Dollars & 61 ½ cents in part of within

                                                                                        Wm. Hay 

75
  4.61 ½ 
70.38 ½

(written sideways) 
James T.  Gleaves
 note
$75.00  

(written upside down)
110
  70.38 ½ 
  39.61 ½  
________
110.00