Certainly looks like 'first Journal' Mckha.
I'd agree with 'reconed', not 'reasoned'.
I suspect the name beginning with 'C' is the farm of 'the late William Thomson, farmer'
Google tells me 'Lochel Cushnie' is Leochel Cushnie a parish in Aberdeenshire.
The word looks like 'Curbanchorg' / 'Curbanchory' / 'Curbarnchorg', etc which the writer has tried to squeeze in at the end of the line, but can't find anything to match. It may just have been the name of a small farm.