Unfortunately, the answer to your question is No.
The following is the description of Notepad from the internal help:
"Notepad is a basic text editor that you can use to create simple
documents. The most common use for Notepad is to view or edit text
(.txt) files, but many users find Notepad a simple tool for creating
Because Notepad supports only very basic formatting, you cannot
accidentally save special formatting in documents that need to remain
pure text. This is especially useful when creating HTML documents for
a Web page because special characters or other formatting may not
appear in your published Web page or may even cause errors.
You can save your Notepad files as Unicode, ANSI, UTF-8, or big-endian
Unicode. These formats provide you greater flexibility when working
with documents that use different character sets."
Windows also comes with a slightly more advanced editor called
Wordpad. Unfortunately, this also does not have built in
If your computer came installed with Microsoft Office, or singularly
with Microsoft Word, this is the best option you have available for a
pre-installed spellchecking solution. Of course, there is a large
variety of third-party editors with spellchecking capabilities for the
Windows 95/98 platform, many of them free of cost. For more
information, please view the results of the following query: