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book_n life_n name_n write_v 18,504 5 6.4426 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A50785 For the good of the publick. A true method, shewing all ranks and degrees of men, how to purchase an estate, or make provision for posterity, out of idle expences ... By John Middleton, Esq; Middleton, John, 17th/18th cent. 1720 (1720) Wing M1975; ESTC T174454 10,059 21

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give_v to_o the_o subscriber_n to_o come_v to_o the_o office_n and_o elect_v their_o governor_n on_o the_o day_n of_o who_o shall_v take_v care_n of_o the_o cash_n and_o inspect_v the_o book_n once_o every_o quarter_n and_o take_v a_o account_n of_o what_o money_n be_v pay_v into_o the_o office_n and_o what_o be_v let_v out_o upon_o interest_n and_o what_o pay_v out_o of_o the_o office_n by_o the_o secretary_n his_o deputy_n or_o clerk_n to_o the_o insure_v at_o the_o death_n of_o their_o nominee_n and_o a_o note_n of_o what_o remain_v in_o the_o office_n to_o pay_v claim_n and_o to_o be_v let_v out_o on_o interest_n shall_v be_v lock_v up_o in_o the_o chest_n for_o which_o the_o secretary_n shall_v be_v accountable_a and_o if_o he_o imbezel_n any_o of_o the_o be_v money_n he_o shall_v make_v it_o good_a art_fw-la ii_o every_o person_n that_o insure_v in_o this_o company_n shall_v pay_v for_o every_o life_n that_o he_o or_o she_o insure_v upon_o the_o stamp-duty_n one_o shilling_n for_o the_o bond_n and_o two_o shilling_n entrance_n to_o the_o secretary_n his_o deputy_n or_o clerk_n and_o five_o shilling_n and_o sixpence_n per_fw-la quarter_n to_o the_o company_n and_o sixpence_n per_fw-la quarter_n to_o the_o secretary_n for_o defray_v of_o charge_n art_fw-la iii_o every_o person_n who_o insure_n shall_v for_o every_o life_n that_o they_o insure_v upon_o pay_v 5_o shilling_n 6_o d._n per_fw-la quarter_n to_o the_o company_n and_o sixpence_n per_fw-la quarter_n to_o the_o secretary_n for_o the_o defray_n of_o charge_n belong_v to_o the_o office_n which_o 5_o sh_z and_o 6_o d._n shall_v lie_v as_o a_o fund_z in_o the_o stock_n of_o the_o company_n to_o make_v all_o claim_v good_a as_o they_o become_v due_a art_fw-la iu_o every_o subscriber_n that_o insure_v upon_o the_o life_n of_o any_o person_n not_o exceed_v the_o age_n hereafter_o mention_v and_o shall_v pay_v 9_o month_n to_o the_o office_n shall_v be_v entitle_v 20_o pound_n in_o the_o stock_n of_o this_o company_n and_o shall_v at_o the_o death_n of_o he_o or_o her_o nominee_n receive_v the_o same_o within_o 15_o day_n after_o the_o next_o quarter_n day_n the_o person_n insure_v upon_o shall_v die_v art_fw-la v._o that_o every_o subscriber_n at_o the_o death_n of_o he_o or_o her_o nominee_n shall_v give_v notice_n to_o the_o secretary_n his_o depute_v or_o clerk_n that_o they_o may_v acquaint_v the_o governor_n of_o the_o same_o and_o if_o the_o person_n insure_v upon_o die_v not_o in_o town_n the_o insurer_n shall_v bring_v a_o certificate_n under_o the_o hand_n of_o the_o minister_n churchwarden_n and_o parish-clerk_n of_o the_o parish_n where_o the_o person_n insure_v upon_o die_v to_o satisfy_v the_o governor_n that_o the_o person_n insure_v upon_o be_v real_o dead_a to_o prevent_v any_o fraudulent_a practice_n be_v put_v upon_o the_o company_n he_o by_o who_o it_o be_v commit_v shall_v be_v exclude_v from_o all_o right_a or_o interest_n in_o this_o undertake_n art_fw-la vi_o that_o every_o subscriber_n may_v insure_v upon_o the_o life_n of_o any_o person_n of_o any_o age_n or_o sex_n under_o not_o above_o 50_o without_o their_o knowledge_n or_o consent_n give_v a_o account_n in_o write_v of_o their_o name_n and_o place_n of_o abide_v that_o he_o may_v enter_v they_o in_o the_o office-book_n art_fw-la vii_o any_o person_n may_v insure_v upon_o as_o many_o life_n as_o they_o please_v pay_v upon_o each_o life_n they_o insure_v upon_o the_o stamp-duty_n and_o one_o shilling_n for_o the_o bond_n and_o two_o shilling_n entrance_n to_o the_o secretary_n his_o deputy_n or_o clerk_n and_z 5_o sh_z 6_o d._n per_fw-la quarter_n to_o the_o company_n and_o 6_o d._n per_fw-la quarter_n to_o the_o secretary_n for_o defray_v of_o charge_n art_fw-la viii_o every_o subscriber_n that_o insure_v upon_o ten_o life_n shall_v have_v five_o upon_o interest_n and_o every_o one_o that_o insure_v upon_o eight_o shall_v have_v four_o upon_o interest_n and_o every_o one_o that_o insure_v upon_o seven_o shall_v have_v three_o upon_o interest_n and_o every_o one_o that_o insure_v upon_o six_o shall_v have_v two_o upon_o interest_n and_o every_o one_o that_o insure_v upon_o five_o shall_v have_v one_o upon_o interest_n and_o every_o one_o that_o insure_v upon_o one_o two_o three_o or_o more_o for_o every_o life_n that_o they_o insure_v upon_o shall_v after_o have_v one_o upon_o interest_n pay_v the_o interest_n every_o quarter_n and_o deduct_v the_o principal_a as_o the_o claim_n become_v due_a art_fw-la ix_o if_o any_o person_n insure_v or_o any_o person_n insure_v upon_o remove_z his_o or_o her_o habitation_n the_o person_n insure_v shall_v give_v notice_n thereof_o to_o the_o clerk_n and_o have_v their_o bond_n endorse_v at_o the_o office_n pay_v one_o shilling_n to_o the_o clerk_n also_o every_o person_n insure_v shall_v pay_v their_o quarterage_n within_o 15_o day_n after_o every_o quarter-day_n upon_o the_o forfeiture_n of_o he_o or_o her_o bond_n and_o when_o any_o person_n pay_v a_o receipt_n shall_v be_v give_v for_o the_o same_o sign_v by_o the_o secretary_n or_o the_o clerk_n of_o the_o company_n art_fw-la x._o if_o any_o person_n insure_v die_v before_o he_o or_o her_o nominee_n the_o interest_n of_o he_o or_o her_o bond_n shall_v continue_v to_o his_o or_o her_o heir_n executor_n administrator_n and_o assign_v they_o take_v out_o a_o new_a bond_n in_o their_o own_o name_n and_o pay_v for_o it_o according_a to_o the_o second_o article_n at_o which_o time_n they_o must_v return_v the_o old_a bond_n to_o be_v file_v in_o the_o office_n art_fw-la xi_o that_o a_o general_a court_n shall_v be_v hold_v within_o 14_o day_n after_o every_o quarter-day_n at_o the_o office_n where_o all_o claim_n will_v be_v pay_v according_a to_o the_o exact_a tenor_n of_o these_o article_n at_o the_o receipt_n of_o which_o 5_o per_fw-la cent_z shall_v be_v deduct_v and_o all_o such_o deduction_n shall_v be_v pay_v back_o into_o the_o stock_n of_o the_o company_n to_o increase_v and_o augment_v the_o same_o and_o at_o all_o such_o quarterly_o court_n notice_n shall_v be_v give_v to_o the_o subscriber_n to_o come_v and_o elect_v their_o governor_n according_a to_o the_o first_o article_n out_o of_o such_o of_o the_o senior_a member_n as_o have_v not_o as_o yet_o serve_v as_o governor_n art_fw-la xii_o no_o person_n insure_v in_o this_o office_n of_o insurance_n upon_o life_n shall_v pay_v quarterage_n above_o ten_o year_n upon_o one_o life_n for_o after_o ten_o year_n be_v expire_v all_o payment_n to_o this_o company_n cease_v except_z two_o shilling_n per_fw-la quarter_n to_o the_o first_o 500_o which_o two_o shilling_n per_fw-la quarter_n will_v entitle_v they_o to_o l._n 20_o in_o the_o stock_n of_o this_o company_n for_o ever_o and_o at_o the_o death_n of_o every_o new_a nominee_n that_o they_o insure_v upon_o they_o shall_v receive_v l._n 20_o and_o the_o second_o 500_o shall_v be_v entitle_v to_o l._n 20_o in_o the_o stock_n of_o this_o company_n as_o long_o as_o they_o live_v for_o pay_v one_o shilling_n per_fw-la quarter_n at_o the_o death_n of_o every_o new_a nominee_n after_o ten_o year_n be_v expire_v sixpence_n per_fw-la quarter_n of_o which_o must_v go_v to_o the_o secretary_n for_o defray_v of_o charge_n and_o the_o rest_n into_o the_o stock_n of_o the_o company_n so_o that_o they_o who_o enter_v young_a in_o the_o last_o 500_o will_v be_v sure_a to_o be_v great_a gainer_n for_o they_o will_v receive_v l._n 20_o at_o the_o death_n of_o every_o new_a nominee_n so_o long_o as_o they_o live_v and_o the_o last_o 1000_o shall_v so_o long_o as_o they_o take_v out_o bond_n and_o pay_v their_o quarterage_n be_v entitle_v to_o l._n 20_o in_o the_o stock_n company_n art_fw-la xiii_o no_o person_n shall_v receive_v any_o claim_n or_o benefit_n before_o 9_o month_n be_v expire_v and_o then_o if_o the_o person_n insure_v upon_o die_v in_o the_o 10_o month_n the_o insure_v shall_v receive_v l._n 20_o and_o if_o the_o person_n insure_v upon_o die_v before_o 9_o month_n the_o insurer_n shall_v if_o he_o please_v take_v out_o another_o bond_n and_o at_o the_o end_n of_o 9_o month_n be_v entitle_v to_o l._n 20_o and_o at_o the_o death_n of_o his_o nominee_n receive_v the_o same_o art_fw-la fourteen_o that_o if_o it_o shall_v please_v god_n at_o any_o time_n to_o afflict_v these_o part_n with_o the_o plague_n pestilence_n or_o famine_n or_o any_o other_o violent_a and_o rage_a distemper_n in_o such_o case_n the_o office_n shall_v be_v shut_v up_o and_o no_o claim_n pay_v till_o such_o contagion_n be_v over_o and_o no_o subscriber_n insure_v upon_o such_o who_o shall_v lay_v violent_a hand_n to_o themselves_o or_o die_v by_o duel_v or_o suffer_v for_o treason_n rebellion_n or_o any_o other_o capital_a crime_n or_o die_v any_o other_o than_o a_o
natural_a death_n shall_v receive_v any_o claim_n but_o that_o they_o may_v be_v no_o loser_n by_o this_o undertake_n any_o of_o the_o person_n to_o who_o such_o misfortune_n shall_v happen_v shall_v have_v liberty_n to_o take_v out_o a_o new_a bond_n and_o pay_v no_o quarterage_n till_o the_o same_o be_v expire_v that_o they_o have_v before_o pay_v and_o at_o the_o death_n of_o their_o nominee_n receive_v l._n 20._o art_fw-la xu._n any_o of_o the_o member_n of_o this_o company_n have_v occasion_n for_o money_n shall_v be_v supply_v with_o what_o they_o want_v leave_v their_o bond_n or_o bond_n in_o pledge_n of_o their_o security_n with_o the_o secretary_n or_o his_o deputy_n and_o a_o note_n from_o under_o their_o hand_n for_o this_o money_n they_o receive_v pay_v the_o interest_n after_o the_o rate_n of_o 5_o per_fw-mi cent_z every_o quarter_n till_o they_o can_v pay_v back_o the_o principal_a into_o the_o office_n at_o which_o time_n a_o receipt_n shall_v be_v give_v they_o on_o the_o back_n of_o the_o bond_n that_o any_o insurer_n may_v by_o assignment_n or_o transfer_v make_v over_o the_o interest_n in_o he_o or_o her_o bond_n to_o any_o other_o and_o they_o to_o who_o the_o bond_n be_v assign_v must_v take_v out_o a_o bond_n in_o their_o own_o name_n and_o the_o person_n before_o insure_v upon_o and_o then_o they_o shall_v be_v entitle_v to_o l._n 20_o for_o each_o bond_n so_o assign_v and_o all_o other_o privilege_n thereunto_o belong_v and_o will_v at_o the_o death_n of_o he_o or_o her_o nominee_n receive_v the_o same_o art_fw-la xvi_o john_n middleton_n gentleman_n and_o his_o assign_v shall_v be_v secretary_n and_o chief_a clerk_n of_o this_o company_n of_o insurance_n upon_o life_n for_o ever_o and_o that_o he_o shall_v be_v accountable_a to_o the_o governor_n for_o all_o the_o subscriber_n money_n pay_v into_o the_o office_n within_o 15_o day_n after_o every_o quarter-day_n and_o that_o the_o secretary_n shall_v pay_v all_o charge_n as_o the_o rent_n of_o the_o office_n book_n printing_n pen_n ink_n paper_n fire_n candle_n etc._n etc._n and_o the_o governor_n charge_n for_o the_o time_n be_v till_o their_o salary_n can_v be_v settle_v out_o of_o the_o sixpence_n per_fw-la quarter_n and_o what_o remain_v over_o and_o above_o defray_v of_o the_o aforesaid_a charge_n shall_v be_v employ_v by_o the_o secretary_n for_o his_o own_o proper_a use_n art_fw-la xvii_o that_o a_o strong_a chest_n be_v provide_v to_o keep_v the_o be_v cash_n with_o three_o five_o or_o seven_o key_n which_o key_n shall_v be_v keep_v by_o the_o secretary_n and_o governor_n for_o the_o time_n be_v each_o of_o they_o shall_v have_v a_o particular_a key_n and_o shall_v always_o be_v present_a at_o the_o open_n of_o the_o chest_n every_o quarter-day_n so_o that_o the_o company_n shall_v have_v the_o care_n of_o the_o cash_n in_o their_o own_o hand_n and_o be_v their_o own_o security_n which_o will_v be_v a_o sufficient_a satisfaction_n to_o the_o subscriber_n that_o no_o fraud_n can_v be_v commit_v by_o any_o and_o if_o any_o equality_n happen_v at_o any_o of_o the_o quarterly_o court_v the_o senior_a governor_n shall_v have_v the_o cast_a vote_n and_o it_o shall_v be_v in_o the_o power_n of_o the_o secretary_n and_o the_o rest_n of_o the_o governor_n to_o make_v any_o by-law_n rule_n or_o order_n if_o they_o govern_v themselves_o according_a to_o these_o article_n for_o the_o good_a and_o welfare_n of_o the_o company_n and_o may_v when_o they_o have_v stock_n sufficient_a buy_v land_n for_o their_o security_n when_o they_o please_v etc._n etc._n art_fw-la xviii_o that_o the_o person_n insure_v upon_o be_v in_o perfect_a health_n at_o the_o time_n of_o entrance_n and_o that_o as_o soon_o as_o 250_o bond_n be_v deliver_v out_o a_o proper_a place_n for_o the_o office_n shall_v be_v take_v the_o governor_n elect_v and_o claim_n shall_v be_v pay_v as_o they_o become_v due_a and_o to_o prevent_v the_o suspicion_n of_o the_o least_o fraud_n or_o hazard_n that_o any_o subscriber_n may_v fear_v in_o this_o undertake_n this_o be_v to_o satisfy_v every_o subscriber_n that_o they_o shall_v pay_v no_o quarterage_n to_o the_o office_n till_o such_o time_n as_o the_o governor_n be_v ready_a to_o take_v charge_n of_o the_o cash_n art_fw-la xix_o that_o when_o this_o company_n be_v complete_a and_o the_o governor_n salary_n settle_v a_o deed_n of_o settlement_n shall_v be_v draw_v between_o the_o secretary_n and_o the_o governor_n and_o shall_v be_v enroll_v in_o the_o high_a court_n of_o chancery_n according_a to_o act_n of_o parliament_n and_o a_o true_a and_o exact_a copy_n of_o the_o aforesaid_a deed_n shall_v always_o be_v keep_v in_o the_o office_n and_o read_v over_o to_o the_o company_n every_o year_n before_o the_o election_n of_o their_o governor_n and_o a_o seal_n belong_v to_o this_o office_n alterable_a at_o pleasure_n explanation_n to_o show_v my_o reader_n that_o this_o undertake_n be_v not_o found_v upon_o chimera_n of_o a_o idle_a and_o fantastic_a brain_n but_o be_v real_a matter_n of_o fact_n and_o will_v make_v all_o claim_v good_a according_a to_o the_o article_n and_o to_o set_v every_o thing_n in_o as_o true_a a_o light_n as_o i_o can_v and_o make_v it_o appear_v to_o every_o one_o understanding_n as_o plain_a as_o the_o sun_n at_o noonday_n i_o shall_v show_v what_o number_n of_o person_n shall_v die_v every_o year_n according_a to_o the_o common_a computation_n of_o life_n and_o what_o money_n the_o claimant_n will_v receive_v and_o what_o the_o interest_n of_o the_o grand_a stock_n or_o bank_n will_v be_v every_o year_n for_o 10_o year_n and_o what_o the_o increase_n will_v amount_v to_o in_o 10_o year_n time_n and_o what_o the_o 11_o year_n increase_n will_v also_o amount_v unto_o if_o 1000_o person_n insure_v the_o first_o year_n 15_o may_v die_v and_o the_o claimant_n will_v receive_v l._n 300_o and_o the_o insure_v will_v pay_v l._n 1100_o which_o with_o the_o l._n 15_o deduction_n when_o the_o claim_n be_v pay_v will_v be_v in_o this_o year_n no_o less_o than_o l._n 815_o increase_n if_o 1500_o insure_v in_o the_o second_o year_n 30_o may_v die_v and_o the_o claimant_n receive_v l._n 600_o and_o the_o insure_v will_v pay_v l._n 1650_o which_o will_v pay_v the_o claim_n and_o l._n 1080_o remain_v which_o with_o the_o interest_n of_o l._n 815_o which_o be_v l._n 40_o shilling_n 15_o and_o the_o l._n 30_o deduction_n will_v in_o this_o year_n be_v l._n 2935_o shilling_n 15._o if_o 2000_o insure_v in_o the_o three_o year_n 60_o may_v die_v and_o the_o claimant_n receive_v l._n 1200_o and_o the_o insure_v pay_v l._n 2200_o which_o with_o l._n 60_o deduct_v and_o the_o interest_n of_o l._n 2935_o shilling_n 15_o which_o l._n 146_o shilling_n 15_o and_o d._n 9_o will_v pay_v all_o claim_n and_o l._n 4141_o shilling_n 10_o and_o d._n 9_o will_v remain_v this_o year_n in_o the_o four_o may_v die_v 60_o and_o the_o claimant_n receive_v l._n 1200_o and_o the_o insure_v pay_v l._n 2200_o which_o with_o the_o interest_n of_o l._n 4141_o shilling_n 10_o and_o d._n 9_o and_o the_o l._n 60_o deduct_v will_v pay_v all_o claim_n and_o l._n 5408_o shilling_n 12_o d._n 3_o ½_n remain_v in_o the_o five_o year_n may_v die_v 60_o and_o the_o claimant_n receive_v l._n 1200_o and_o the_o insure_v pay_v l._n 2200_o which_o with_o the_o interest_n of_o l._n 5408_o shilling_n 12_o d._n 3_o ½_n which_o be_v l._n 278_o shilling_n 8_o d._n 6_o ¾_n and_o so_o l._n 60_o deduct_v will_n pay_v all_o claim_n and_o l._n 6746_o shilling_n 18_o d._n 10_o ¼_n remain_v in_o the_o six_o year_n may_v die_v 60_o and_o the_o claimant_n receive_v l._n 1200_o and_o the_o insure_v pay_v l._n 2200_o which_o with_o the_o interest_n of_o l._n 6746_o shilling_n 18_o d._n 10_o ¼_n which_o be_v l._n 337_o shilling_n 6_o d._n 11_o will_v pay_v all_o claim_n and_o l._n 8144_o shilling_n 5_o d._n 10_o ¼_n remain_v in_o the_o seven_o may_v die_v 60_o and_o the_o claimant_n receive_v l._n 1200_o and_o the_o 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print_v for_o the_o author_n and_o be_v to_o be_v sell_v at_o the_o union-crown-fire-office_n in_o the_o head_n of_o the_o canongate_n price_n sixpence_n to_o the_o right_n honourable_a the_o lord_n provost_z baily_n dean_n of_o gilled_a treasurer_n and_o other_o member_n of_o the_o honourable_a council_n of_o the_o ancient_n and_o loyal_a city_n of_o edinburgh_n right_o honourable_a as_o it_o have_v be_v the_o constant_a practice_n of_o your_o noble_a ancestor_n to_o do_v good_a a_o virtue_n who_o radiant_a lustre_n shine_v no_o less_o refulgent_o in_o your_o honour_n for_o which_o reason_n sir_n first_o ask_v your_o honour_n pardon_n i_o make_v bold_a to_o shelter_v this_o my_o labour_n under_o the_o shadow_n of_o your_o honourable_a name_n not_o in_o the_o least_o doubt_v but_o that_o you_o will_v not_o only_o patronize_v but_o encourage_v any_o undertake_n that_o may_v be_v for_o the_o public_a good_a and_o welfare_n of_o all_o rank_n and_o degree_n of_o man_n in_o this_o ancient_a 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to_o supply_v the_o immediate_a exigency_n of_o any_o of_o its_o member_n and_o thereby_o prevent_v their_o be_v impose_v upon_o for_o the_o future_a by_o the_o merciless_a cruelty_n of_o the_o grip_a pawn-broker_n and_o raven_a usurer_n who_o many_o time_n ruin_v and_o destroy_v their_o neighbour_n under_o pretence_n of_o friendship_n by_o make_v they_o pay_v such_o extravagant_a interest_n as_o be_v no_o way_n justifiable_a by_o the_o law_n of_o god_n or_o man._n i_o have_v know_v several_a person_n that_o have_v be_v oblige_v to_o pay_v after_o the_o rate_n of_o sixty_o per_fw-la cent_z to_o these_o extortioner_n which_o have_v be_v the_o ruin_n of_o themselves_o and_o family_n by_o pay_v such_o extravagant_a interest_n now_o this_o bank_n for_o the_o future_a will_v prevent_v all_o such_o misfortune_n to_o every_o one_o of_o its_o member_n for_o every_o subscriber_n shall_v have_v what_o money_n they_o shall_v have_v occasion_n for_o at_o five_o per_fw-mi cent_z without_o any_o 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election_n of_o their_o governor_n so_o by_o this_o mean_v the_o governor_n will_v be_v gentleman_n or_o substantial_a tradesman_n and_o undoubted_o man_n of_o more_o honour_n than_o to_o commit_v any_o fraud_n for_o fifthy_a lucre_n sake_n and_o that_o this_o undertake_n will_v be_v advantageous_a to_o all_o rank_n and_o degree_n of_o man_n be_v very_o demonstrable_a to_o the_o mean_a capacity_n for_o here_o a_o gentleman_n may_v advance_v the_o fortune_n of_o his_o child_n and_o leave_v they_o one_o or_o two_o hundred_o pound_n for_o less_o than_o fivepence_n per_fw-la day_n for_o a_o l._n 100_o and_o never_o miss_v it_o at_o the_o year_n end_n and_o a_o flourish_a tradesman_n may_v do_v the_o like_a by_o he_o and_o never_o miss_v it_o out_o of_o his_o stock_n so_o likewise_o mechanic_n for_o less_o than_o one_o penny_n a_o day_n may_v leave_v their_o child_n l._n 20_o out_o of_o idle_a expense_n and_o seafaring_a or_o labour_a man_n may_v do_v the_o like_a and_o not_o miss_v it_o at_o the_o year_n end_n because_o it_o will_v go_v out_o by_o so_o small_a a_o matter_n at_o a_o time_n which_o full_o persuade_v i_o that_o there_o can_v be_v none_o so_o poor_a but_o may_v be_v purchaser_n in_o this_o undertake_n if_o they_o please_v as_o will_v appear_v more_o full_o by_o the_o follow_a article_n article_n to_o establish_v a_o company_n for_o settle_v a_o bank_n in_o edinburgh_n by_o which_o all_o rank_n and_o degree_n of_o man_n may_v purchase_v estate_n or_o make_v provision_n for_o posterity_n article_n i._n that_o there_o shall_v be_v five_o seven_o or_o nine_o governor_n with_o the_o secretary_n who_o shall_v always_o be_v one_o of_o the_o governor_n and_o the_o rest_n of_o the_o governor_n shall_v be_v elect_v annual_o out_o of_o such_o of_o the_o subscriber_n as_o shall_v insure_v upon_o ten_o life_n each_o that_o public_a notice_n shall_v be_v