Jon Boden sings a really nice Readers Digest version of this collected from a Miss Stephenson in Glasgow in 1825. It's only drawback is the omission of the divers and underwater candles.

For anyone who didn't realise it, it's from this song that I derived my handle.

Earl Richard is a hunting gone as fast as he could ride
With his hunting horn tied round his waist and small sword by his side
He rode 'til he came to my lady's bower
He tirled at the pin
And none so ready as she herself to rise and bid him in.

Oh light, oh light Earl Richard she says, oh light and stay the night
We shall have cheer with charcoal clear and candles burning bright
Well I will not light, I cannot light
I cannot light at all
For a fairer maiden than ten of you is waiting now at Richard's Hall.

He's leant down from his milk white steed to kiss her ruby cheek
She held a penknife in her hand and wounded him so deep
Oh lie you there, Oh lie you there
Oh lie there 'til morn
For a fairer maiden than ten of me will wait long on your coming home.

She's called her servants one by one, she's called them two by two
I have a dead man in my bower, I would he were away
Then one has a-tain him by the hand
And the other by the feet
And they've thrown him in the deep drawer well for fifty fathoms deep.

Then up there spoke a little bird that sits by on the tree
Go home, go home you false lady and pay your maid the fee
Come down, come down, oh my pretty bird
That sits on the tree
I have a cage of beaten gold freely I'll give to thee.

Go home, go home you false lady and pay your maid the fee
For as you've done to Earl Richard so would you do to me
If I had an arrow in my hand
And a bow bent on a string
I'd fire it o'er that light-brown heart among the leaves so green.