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Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
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

given to the Subscribers to come to the Office and elect their Governors on the Day of who shall take Care of the Cash and inspect the Books once every Quarter and take an Account of what Money is paid into the Office and what is let out upon Interest and what paid out of the Office by the Secretary his Deputy or Clerk to the insured at the Death of their Nominee And a Note of what remains in the Office to pay Claims and to be let out on Interest shall be locked up in the Chest for which the Secretary shall be accountable and if he imbezel any of the Company's Money he shall make it good ART II. Every Person that insures in this Company shall pay for every Life that he or she insures upon the Stamp-Duty one Shilling for the Bond and two Shillings Entrance to the Secretary his Deputy or Clerk and five Shillings and Sixpence per Quarter to the Company and Sixpence per Quarter to the Secretary for defraying of Charges ART III. Every Person who insures shall for every Life that they insure upon pay 5 sh 6 d. per Quarter to the Company and Sixpence per Quarter to the Secretary for the defraying of Charges belonging to the Office which 5 sh and 6 d. shall ly as a Fund in the Stock of the Company to make all Claims good as they become due ART IV. Every Subscriber that insures upon the Life of any Person not exceeding the Age hereafter mentioned and shall pay 9 Months to the Office shall be entitled 20 Pounds in the Stock of this Company and shall at the Death of his or her Nominee receive the same within 15 Days after the next Quarter Day the Person insured upon shall die ART V. That every Subscriber at the Death of his or her Nominee shall give Notice to the Secretary his Depute or Clerk that they may acquaint the Governors of the same and if the Person insured upon die not in Town the Insurer shall bring a Certificate under the Hand of the Minister Church-wardens and Parish-clerk of the Parish where the Person insured upon died to satisfie the Governors that the Person insured upon is really dead To prevent any fraudulent Practice being put upon the Company he by whom it is committed shall be excluded from all Right or Interest in this Undertaking ART VI. That every Subscriber may insure upon the Life of any Person of any Age or Sex under not above 50 without their Knowledge or Consent giving an Account in writing of their Name and Place of Abode that he may enter them in the office-Office-book ART VII Any Person may insure upon as many Lives as they please paying upon each Life they insure upon the Stamp-Duty and one Shilling for the Bond and two Shillings Entrance to the Secretary his Deputy or Clerk and 5 sh 6 d. per Quarter to the Company and 6 d. per Quarter to the Secretary for defraying of Charges ART VIII Every Subscriber that insures upon ten Lives shall have five upon Interest and every one that insures upon eight shall have four upon Interest and every one that insures upon seven shall have three upon Interest and every one that insures upon six shall have two upon Interest and every one that insures upon five shall have one upon Interest and every one that insures upon one two three or more for every Life that they insure upon shall after have one upon Interest paying the Interest every Quarter and deducting the Principal as the Claims become due ART IX If any Person insured or any Person insured upon remove his or her Habitation the Person insured shall give Notice thereof to the Clerk and have their Bond indorsed at the Office paying one Shilling to the Clerk Also every Person insuring shall pay their Quarterage within 15 Days after every Quarter-Day upon the Forfeiture of his or her Bond And when any Person pays a Receipt shall be given for the same signed by the Secretary or the Clerk of the Company ART X. If any Person insured die before his or her Nominee the Interest of his or her Bond shall continue to his or her Heirs Executors Administrators and Assigns they taking out a new Bond in their own Name and paying for it according to the second Article at which Time they must return the old Bond to be filed in the Office ART XI That a general Court shall be held within 14 Days after every Quarter-Day at the Office where all Claims will be paid according to the exact Tenor of these Articles at the Receipt of which 5 per Cent shall be deducted and all such Deductions shall be paid back into the Stock of the Company to increase and augment the same and at all such Quarterly Courts Notice shall be given to the Subscribers to come and elect their Governors according to the first Article out of such of the senior Members as have not as yet served as Governors ART XII No Person insuring in this Office of Insurance upon Lives shall pay Quarterage above ten Years upon one Life for after ten Years are expired all Payments to this Company cease except two Shillings per Quarter to the first 500 Which two Shillings per Quarter will intitle them to L. 20 in the Stock of this Company for ever and at the Death of every new Nominee that they insure upon they shall receive L. 20 and the second 500 shall be intitled to L. 20 in the Stock of this Company as long as they live for paying one Shilling per Quarter at the Death of every new Nominee after ten Years are expired Sixpence per Quarter of which must go to the Secretary for defraying of Charges and the rest into the Stock of the Company so that they who enter young in the last 500 will be sure to be great Gainers for they will receive L. 20 at the Death of every new Nominee so long as they live and the last 1000 shall so long as they take out Bonds and pay their Quarterage be entitled to L. 20 in the Stock Company ART XIII No Person shall receive any Claim or Benefit before 9 Months are expired and then if the Person insured upon die in the 10th Month the insured shall receive L. 20 and if the Person insured upon die before 9 Months the Insurer shall if he pleases take out another Bond and at the End of 9 Months be intitled to L. 20 and at the Death of his Nominee receive the same ART XIV That if it should please God at any Time to afflict these Parts with the Plague Pestilence or Famine or any other violent and raging Distemper in such Case the Office shall be shut up and no Claims paid till such Contagion is over and no Subscriber insuring upon such who shall lay violent Hands to themselves or die by Duelling or suffer for Treason Rebellion or any other capital Crime or die any other than a

natural Death shall receive any Claim But that they may be no Losers by this Undertaking any of the Persons to whom such Misfortune shall happen shall have Liberty to take out a new Bond and pay no Quarterage till the same be expired that they had before paid and at the Death of their Nominee receive L. 20. ART XV. Any of the Members of this Company having Occasion for Money shall be supplied with what they want leaving their Bond or Bonds in Pledge of their Security with the Secretary or his Deputy and a Note from under their Hands for this Money they receive paying the Interest after the Rate of 5 per Cent every Quarter till they can pay back the Principal into the Office at which Time a Receipt shall be given them on the Back of the Bond that any Insurer may by Assignment or Transfer make over the Interest in his or her Bond to any other and they to whom the Bond is assigned must take out a Bond in their own Names and the Person before insured upon and then they shall be intitled to L. 20 for each Bond so assigned and all other Privileges thereunto belonging and will at the Death of his or her Nominee receive the same ART XVI John Middleton Gentleman and his Assigns shall be Secretary and chief Clerk of this Company of Insurance upon Lives for ever and that he shall be accountable to the Governors for all the Subscribers Money paid into the Office within 15 Days after every Quarter-Day and that the Secretary shall pay all Charges as the Rent of the Office Books Printing Pens Ink Paper Fire Candle c. and the Governors Charges for the Time being till their Salaries can be settled out of the Sixpence per Quarter And what remains over and above defraying of the aforesaid Charges shall be imployed by the Secretary for his own proper Use ART XVII That a strong Chest be provided to keep the Company's Cash with three five or seven Keys which Keys shall be kept by the Secretary and Governors for the Time being Each of them shall have a particular Key and shall always be present at the opening of the Chest every Quarter-Day so that the Company shall have the Care of the Cash in their own Hands and be their own Security which will be a sufficient Satisfaction to the Subscribers that no Fraud can be committed by any and if any Equality happen at any of the Quarterly Courts the senior Governor shall have the casting Vote and it shall be in the Power of the Secretary and the rest of the Governors to make any By-law Rules or Order if they govern themselves according to these Articles for the Good and Welfare of the Company and may when they have Stock sufficient buy Land for their Security when they please c. ART XVIII That the Person insured upon be in perfect Health at the Time of Entrance and that as soon as 250 Bonds are delivered out a proper Place for the Office shall be taken the Governors elected and Claims shall be paid as they become due And to prevent the Suspicion of the least Fraud or Hazard that any Subscriber may fear in this Undertaking this is to satisfie every Subscriber that they shall pay no Quarterage to the Office till such Time as the Governors are ready to take Charge of the Cash ART XIX That when this Company is complete and the Governors Salaries settled a Deed of Settlement shall be drawn between the Secretary and the Governors and shall be enrolled in the High Court of Chancery according to Act of Parliament and a true and exact Copy of the aforesaid Deed shall always be kept in the Office and read over to the Company every Year before the Election of their Governors and a Seal belonging to this Office alterable at Pleasure EXPLANATION TO shew my Readers that this Undertaking is not founded upon Chimera's of an idle and fantastick Brain but is real Matter of Fact and will make all Claims good according to the Articles And to set every Thing in as true a Light as I can and make it appear to every one's understanding as plain as the Sun at Noon-day I shall shew what Number of Persons shall die every Year according to the common Computation of Lives and what Money the Claimants will receive and what the Interest of the grand Stock or Bank will be every Year for 10 Years and what the Increase will amount to in 10 Years Time and what the 11th Years Increase will also amount unto If 1000 Persons insure the first Year 15 may die and the Claimants will receive L. 300 and the insured will pay L. 1100 which with the L. 15 Deduction when the Claims are paid will be in this Year no less than L. 815 Increase If 1500 insure in the second Year 30 may die and the Claimants receive L. 600 and the insured will pay L. 1650 which will pay the Claims and L. 1080 remains which with the Interest of L. 815 which is L. 40 sh 15 and the L. 30 Deduction will in this Year be L. 2935 sh 15. If 2000 insure in the third Year 60 may die and the Claimants receive L. 1200 and the insured pay L. 2200 which with L. 60 deducted and the Interest of L. 2935 sh 15 which L. 146 sh 15 and d. 9 will pay all Claims and L. 4141 sh 10 and d. 9 will remain this Year In the fourth may die 60 and the Claimants receive L. 1200 and the insured pay L. 2200 which with the Interest of L. 4141 sh 10 and d. 9 and the L. 60 deducted will pay all Claims and L. 5408 sh 12 d. 3 ½ remain In the fifth Year may die 60 and the Claimants receive L. 1200 and the insured pay L. 2200 which with the Interest of L. 5408 sh 12 d. 3 ½ which is L. 278 sh 8 d. 6 ¾ and so L. 60 deducted will pay all Claims and L. 6746 sh 18 d. 10 ¼ remain In the sixth Year may die 60 and the Claimants receive L. 1200 and the insured pay L. 2200 which with the Interest of L. 6746 sh 18 d. 10 ¼ which is L. 337 sh 6 d. 11 will pay all Claims and L. 8144 sh 5 d. 10 ¼ remain In the seventh may die 60 and the Claimants receive L. 1200 and the insured pay L. 2200 which with the Interest of L. 8144 sh 5 d. 10 ¼ which is L. 405 sh 4 d. 3 ¾ will pay all Claims and L. 9609 sh 10 d. 2 remain In the eighth Year may die 60 and the Claimants receive L. 1200 and the insured pay L. 2200 which with the Interest of L. 9609 sh 10 d. 2 which is L. 480 sh 9 d. 6 and the L. 60 deducted will pay all Claims and L. 11149 sh 19 d. 8 remain In the ninth Year may die 60 and the claimants receive L. 1200 and the insured pay L. 2200 which with the

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 AND How a Gentleman may advance the Fortune of his Children without impairing his Estate and how a Tradesman may do the like for his and never miss it out of his Stock and how that None can be so poor but that they may be Purchasers Also Ways and Means discovered to enlarge Trade and Commerce and the Improvement of Navigation and the Advancement of the King's Revenues plentifully supplying the poor and for the common Good of all Merchants and Traders either by Sea or Land Recommended to all Cities and Corporations in Great Britain and Ireland By John Middleton Esq The first Edition Edinburgh Printed for the Author and are to be sold at the Union-Crown-Fire-Office in the Head of the Canongate Price Sixpence To the Right Honourable the Lord PROVOST BAILIES DEAN of GILD TREASURER and other Members of the Honourable Council of the Ancient and Loyal City of Edinburgh Right Honourable AS it hath been the constant Practice of your noble Ancestors to do Good a Virtue whose radiant Lustre shines no less refulgently in your Honour for which Reason Sir first asking your Honour's Pardon I make bold to shelter this my Labour under the shadow of your Honourable Name not in the least doubting but that you will not only patronize but encourage any Vndertaking that may be for the publick Good and Welfare of all Ranks and Degrees of Men in this ancient and Loyal City of which your Honour fills the Pretorian Chair Nor can I do less than perswade my self but that your Honour and all who bear Office in this ancient Body being Gentlemen of such noble Worth and unblemished Characters placed as Rulers over this honourable Town by the unerring Hand of Divine Providence to defend the Rights of its People by your just Administration of Law and Justice all Men having just Reason to believe you have its Welfare near at Heart will give all suitable Encouragement to promote any Vndertaking that will be for the Good of all Ranks and Degrees of Men. And that every particular Member may not be wanting to carry on so good a Work I do assure them if any of them please to embark in this Vndertaking that a true Method is found out shewing how to purchase an Estate out of idle Expences and to make Provision for Posterity for less than One Peny per Day for 20 Pounds and less than five Pence per Day for 100 Pounds By your most obedient Servant J. M. To the READER Courteous Reader NOtwithstanding there have been several Funds erected in several Parts of this Kingdom in order to promote the Publick Good yet never was any erected which will be so generally beneficial as this because in this every one that enters is sure to be a Gainer so that in this Fund there is no Hazard run upon any Account whatever nor need any be in Fear of entring For this Fund will not only be advantageous and profitable in general but will be a Bank to supply the immediate Exigencies of any of its Members and thereby prevent their being imposed upon for the future by the merciless Cruelty of the gripping Pawn-brokers and ravening Usurers who many times ruine and destroy their Neighbours under Pretence of Friendship by making them pay such extravagant Interest as is no way justifiable by the Laws of GOD or Man I have known several Persons that have been obliged to pay after the Rate of sixty per Cent to these Extortioners which have been the Ruin of themselves and Families by paying such extravagant Interest Now this Bank for the future will prevent all such Misfortunes to every one of its Members for every Subscriber shall have what Money they shall have Occasion for at five per Cent without any Trouble or Charge which most certainly will be a great Advantage Now this Office of Insuring upon Lives and other Insuring Offices are allowed by several Acts of Parliament to be founded upon Truth and Justice and are for the apparent Interest of the Publick settled upon Funds Contingencies answering their Ends whereby the Members will be great Gainers and the Undertaking supported and th Ruin of many prevented The Author having no other Design in promoting this Undertaking but the common Good of all Men as a Duty incumbent upon all and more especially when the Good of the Publick and the Interest of the Poor is so nearly concerned But I hope here will be a Fund where they or their Posterity may be rich which that they may is the Desire of Your humble Servant J. M. T●e Introduction to the Articles BEfore I proceed to the Articles something by way of Introduction will be highly useful for the better understanding of the Articles themselves For here is a noble Prospect before you in which if you please to embark you will be sure to be a Gainer an Undertaking that can never fail of its desired End being settled upon the Foundation of Law and Justice where no Fraud or Deceit can be committed by any nor can the Governors run away with one Peny of the Profit for the Governors will be chosen out of the Subscribers themselves such as take out 10 Bonds and insure upon 10 Lives each and will be elected by the rest of the Subscribers for every Subscriber will have a Right to vote at the Election of their Governors so by this Means the Governors will be Gentlemen or substantial Tradesmen and undoubtedly Men of more Honour than to commit any Fraud for fifthy Lucre's sake And that this Undertaking will be advantageous to all Ranks and Degrees of Men is very demonstrable to the meanest Capacity for here a Gentleman may advance the Fortune of his Children and leave them One or Two hundred Pounds for less than Fivepence per Day for a L. 100 and never miss it at the Year's End and a flourishing Tradesman may do the like by his and never miss it out of his Stock so likewise Mechanicks for less than one Peny a Day may leave their Children L. 20 out of idle Expences and seafaring or labouring Men may do the like and not miss it at the Year's End because it will go out by so small a Matter at a Time Which fully perswades me that there can be none so poor but may be Purchasers in this Undertaking if they please as will appear more fully by the following Articles ARTICLES TO Establish a Company for settling a Bank in Edinburgh by which all Ranks and Degrees of Men may purchase Estates or make Provision for Posterity ARTICLE I. THAT there shall be Five Seven or Nine Governors with the Secretary who shall always be one of the Governors and the rest of the Governors shall be elected annually out of such of the Subscribers as shall insure upon ten Lives each That publick Notice shall be