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city_n	county_n	pound_n	sum_n	53,256	5	13.2058	5	true

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ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A40535	A full account of the rise, progress, and advantages of Dr Assheton's proposal (as now improved and managed by the worshipful Company of Mercers, London) for the benefit of widows of clergymen and others; by settling jointures and annuities at the rate of thirty per cent.; Account of Dr. Assheton's proposal.	Assheton, William, 1641-1711.	1700 (1700)	Wing F2271; Wing A4034A; ESTC R216401	12,330	36

of the Committee being read at a General Court the 18 th of August 1699 and the Question being put Whether the Court would comply with the Proposition of the said Committee touching taking Subscriptions by Proxy it was carried in the Affirmative But the Court Ordered and desired the said Committee to use all possible Care and Caution touching the same Accordingly it is Ordered That when any Person doth intend to Subscribe by Proxy he shall First make the following Affidavit upon Oath before some Justice of the Peace in the Neighbourhood with a Certificate of the same Subscribed by the Minister and Churchwardens of the Parish where the said intended Subscriber doth Inhabit A. B. of the Parish of _____ in the _____ of _____ maketh Oath That he this Deponent is not above the Age of _____ Years to the best of this Deponents knowledge and Belief and this Deponent further saith That he is now in good and perfect health A. B. Jur ' _____ die 169 _____ coram _____ We believe the Contents of this Affidavit to be true and know the same to be Subscribed with the proper handwriting of the said Justice of the Peace whose name is thereunto affixed and likewise of the said A. B. who made the same _____ Rector or Vicar of _____ _____ _____ Churchwardens of _____ But if the Subscriber is a Minister then this Certificate is to be Subscribed by the Minister and Churchwardens of the next Parish These Testimonials being brought to the Wardens by a Credible Person will be accepted and the Person concerned will be admitted to Subscribe and Pay in his Money by Proxy 2. It hath been often Objected That the Fifth Article as it relates to Seamen ought to be explained The words of the Article are these viz. 5. That no Person that goes to Sea shall be admitted to Subscribe to have the Benefit of this Proposal Now say the Objectors This Article may be great disadvantage to several Persons who are either actual Subscribers or intend to be so For suppose such a Person shall have some urgent extraordinary Occasion to cross the Seas e. g. For the Recovery of a Debt the making up an Account c. must such a Person either lose his Effects in these Instances or else must his Wife be deprived the Benefit of this Proposal To Satisfy such Persons the Company did take this Matter into Consideration at a General Court August 18. 1699. And did then thus Declare viz. For explanation of the Fifth Article in the General Proposal the Company do Declare That they do not thereby exclude any Person that goes to Holland Ireland France or the Coasts of England Provided they be not Seafaring Men who follow it as their Business or Vocation THese Concessions being thus made the Company then proceeded to give Directions for the drawing up of a Deed of Settlement by the Advice of very Able and Learned Council The which Deed of Settlement was Executed by the Company and Trustees at a General Court of the said Company held on Wednesday the Fourth of October 1699. The Deed of Settlement is enrolled in his Majesties High Court of Chancery And an Authentick Copy of it transcribed into a Book and well Attested will constantly lye upon the Table with the Books of Subscription to be perused on Wednesdays and Fridays every Week between the Hours of Nine and One in the Forenoon At which time the Wardens and Members of the Company will Attend at Mercers-Hall to take Subscriptions and receive the Money For this Reason I shall give no farther Account of the Contents of the said Deed. As What Estates are Settled and the Value of them Who are the Trustees to whom these Estates are made over and Conveyed for the Security of the Subscribers and the effectual Payment of their Widows c. I shall not pretend I say to give any Account of these Matters Since it is more for my ease and the Satisfaction of all Persons concerned to peruse the Deed it self FINIS The Obligation of the Company When a Person Subscribes for the sole Benefit of his Wife WE the Wardens and Commonalty of the Mystery of the Mercers of the City of London do acknowledge to have received of _____ Inhabitant in the Parish of _____ in the _____ of _____ the Sum of _____ Pounds which he hath Subscribed for the benefit of _____ aged _____ Years the Daughter of _____ _____ of _____ in the County of _____ his present Wife And we do promise and Oblige our selves and our Successors in case the said _____ shall dye Except in such manner as is Excepted in the General Proposal made by us for payment of Annuities to Widows before his said Wife and leave her a Widow to pay unto her during her life the Sum of _____ Yearly free of all Taxes and Charges being after the Rate of Thirty Pounds per Cent. per Ann. of the said _____ his Subscription at the two usual Feasts of the Annunciation of the Blessed Virgin Mary and St. Michael the Arch-Angel The first Payment to be made on the first of the said Feast-days that shall happen Four Months or more after the Decease of the said _____ she producing this Obligation and due Certificates of her Husband's Death to the which Payment we bind our Selves and our Successors firmly by these Presents In Testimony whereof we have hereunto affixed the Seal of the said Company the _____ day of _____ Anno Dom. _____ The Obligation of the Company When a Person Subscribes for the Benefit of such Person or Persons as by his Last Will and Testament he shall direct and appoint WE the Wardens and Commonalty of the Mystery of the Mercers of the City of London do acknowledge to have received of _____ Inhabitant in the Parish of _____ in the _____ of _____ the Sum of _____ which he hath Subscribed for the Benefit of such Person or Persons as he the said _____ by his Last Will and Testament shall direct and appoint during the Natural Life of _____ his now Wife Aged _____ Years the Daughter of _____ of _____ in the _____ of _____ in case he dies before her And we do promise and oblige our Selves and our Successors in case the said _____ shall dye Except in such manner as is excepted in the General Proposal made by us for Payment of Annuities to Widows before his said Wife and leave her a Widow to pay unto such Person or Persons as the said _____ by his Last Will and Testament shall direct during the Natural Life of the said _____ his said Wife _____ Yearly free of all Taxes and Charges being after the Rate of Thirty Pounds per Cent. per Ann. of the said _____ his Subscription at the Two usual Feasts of the Annunciation of the Blessed Virgin Mary and St. Michael the Archangel The First Payment to be made on the First of the said Feast-days that shall happen Four Months or more after the Decease of the said _____ the Person or Persons being so entitled producing such his her or their Title together with this Obligation and due Certificates of the Death of the said _____ and the Life of the said _____ To the which Payment we bind our Selves and our Successors firmly by these Presents In Testimony whereof we have hereunto affixed the Seal of the said Company the _____ day of _____ in the Year of our Lord _____ Books lately Writ by Dr. Assheton A Conference with an Anabaptist Price 12 d. A Theological Discourse of Wills 12 d. A Discourse of Death-Bed Repentance 6 d. A Vindication of the B. Trinity 12 d. A Discourse against Debauchery and Prophaneness 2 d. A Conference with an Atheist 2 d. A Discourse against Drunkenness Cursing and Swearing 2 d. A Method of Daily Devotion 2 d. A Method of Devotion for the Lord's-Day 2 d. An Exhortation to the H. Communion 2 d. These are the Prices single But cheaper to those who are so Charitable to give away Numbers

did undertake the same The said Reverend Dr. Assheton considering where the said Subscription-Money might be lodged safely and reasonable Security given for the due Payment of the Widows did think it could not be better secured than in the Hands of the Worshipful Company of Mercers London and did at a General Court of the said Company held on Friday the 11th of November 1698 make this Proposal to the said Company who thereupon appointed a Committee to consider of the same and what Security the Company could give which Committee had several Meetings thereupon and having had several Discourses with Dr. Assheton and acquainted him what Estate they had to settle for Security being clear Rents 2888 l. 8 s. 10 d. per Ann. besides the Payments by the Benefactors to be paid out of the same which by a moderate Calculation would yield when the Leases come out above 13500 l. per Annum clear as aforesaid And the said Dr. Assheton judging the same to be reasonable Security the said Committee made their Report to a General Court the 23d of Decemb. 1698. Which Court having read the Report of the Committee did suspend their Resolution of the same for that time and another General Court was appointed to be held the 13th of January following that so all the Members of the said Company might have time to consider of the said Proposal and the Report of the Committee thereupon that so they might the better be enabled to give their Resolutions in the whole Affair And at the said General Court the Company did accept of the said Proposal And do hereby publish and declare 1. That in case 100000 l. shall be subscribed and paid in to the Company in such manner as is hereafter mentioned The said Company do undertake to pay unto the Widows of the Subscribers according to the aforesaid Proposition 30 l. per Cent. per Ann. free of Taxes and Charges at the two usual Feasts of the Annunciation of the Blessed Virgin Mary and St. Michael the Archangel 2. That for better Security of the Payments as soon as the said 100000 l. shall be Subscribed the said Company will settle and convey in due Form of Law the Lands Houses and Estate before mentioned in Trustees for the due payment of the said Annuities 3. That all married Clergymen and other married Persons Except as hereafter is Excepted that inhabit in the Kingdom of England and do not exceed the Age of 60 Years at the time of the Payment of the Money and receiving the Company 's Bond and are then in good and perfect Health and have Subscribed any Sum not less than 50 l. nor exceeding the Sum of 300 l. in case they die in the Kingdom of England and leave die in the Kingdom of England and leave their Wives Widows the said Widows shall receive as before-mentioned the Sum of 30 l. yearly for every 100 l. so Subscribed and so proportionably for a greater or lesser Sum as before-mentioned 4. That every Person at the time of his Subscription which shall be made in Person shall express the Place of his Abode the Name of his Wife and his and her several Age in such manner as is hereafter mentioned 5. That no Person that goes to Sea nor Soldier that goes into the Wars shall be admitted to Subscribe to have the Benefit of this Proposal in regard of the Casualties and Accidents that they are more particularly liable to 6. That the Book of Subscriptions shall be laid open at Mercers-Hall on or before the First day of March 1698 and shall continue to the 24th day of June 1699 in case the 100000 l. be not Subscribed sooner and Members of the Company shall attend to take the said Subscriptions on Tuesdays Wednesdays and Fridays every Week during that time between the Hours of 9 and 12 in the Forenoon and 3 and 6 in the Afternoon 7. That as soon as the said 100000 l. is Subscribed publick Notice shall be given in the Gazette and all Persons that have Subscribed are then within 30 Days next following to Pay in the Moneys by them Subscribed at Mercers-Hall to the said Company for which purpose Members of the said Company shall attend on the Days and Times aforesaid 8. That on the Payment of the Money the Person shall have a Writing under the Seal of the Company acknowledging the Receipt thereof and engaging That if his Wife be left a Widow she shall receive the Moneys in proportion to his Subscription as before specified but unless the Money be actually paid within the Time limited the Widow to have no Benefit by the Subscription and at the same time the said Person Subscribing shall give a Bond to the Company That in case his Wife shall dye before him to give notice to the Company thereof within one Month after her Decease 9. That any Widow that shall have Right to receive any Annuity by this Subscription shall give notice of the Time of her Husband's Death to the Company within one Month after his Decease and when she comes to receive the Benefit of this Proposal shall bring a Certificate Signed by the Minister Church-Warden or Church-Wardens and Parish-Clerk of the Place where her Husband died and was buried if her Husband was not a Minister but if her Husband was the Minister of the Parish where he was buried then to have the Minister's Hand of the next neighbouring Parish and the other Hands as before-mentioned 10. In case it shall happen that any Man who has Subscribed shall voluntarily make away himself or by any Act of his occasion his own Death either by Duelling or committing any Crime whereby he shall be Sentenced and put to Death by Justice in any or either of those Cases his Widow to receive no Annuity but upon delivering up the Company 's Bond to have the Subscription-money paid to her 11. In case any Person that shall Subscribe shall not pay in his Money within the Time limited such Person 's Subscription shall be esteemed null and void and the Company may admit any other Person duly qualified to Subscribe in his stead The Form of the Subscription 12. I A. B. inhabiting in the Parish of _____ in the _____ of _____ do Subscribe and Promise to pay _____ Pounds on the Terms before-mentioned for the Benefit of _____ my now Wife Aged _____ Years the Daughter of _____ of _____ in case I dye before her The Obligation of the Company 13. WE the Wardens and Commonalty of the Mystery of the Mercers of the City of London do acknowledge to have Received of A. B. Inhabitant in the Parish of _____ in the _____ of _____ the Sum of _____ Pounds which he hath Subscribed for the Benefit of _____ Aged _____ Years the Daughter of _____ of _____ his present Wife And we do promise and oblige our Selves and our Successors in case the said A. B. shall Dye Except in such manner as is Excepted in the General Proposal before his

said Wife and leave her a Widow to pay unto her during her Life the Sum of _____ Yearly free of all Charges being 30 l. per Cent per Annum of the said A. B. his Subscription at the two usual Feasts of the Annunciation of the Blessed Virgin Mary and St. Michael the Archangel The first Payment to be made on the first of the said feast-days that shall happen six Months or more after the Decease of the said A. B. she producing this Obligation and due Certificates of her Husband's Death To the which Payment we bind our Selves and our Successors firmly by these Presents In Testimony whereof We have hereunto affixed the Seal of the said Company the _____ Day of _____ Anno Dom. 169 _____ 14. The Bond to be given to the Company To be of the Penalty of the Sum Subscribed The Condition to be as followeth WHereas the above-bound A. B. hath Subscribed and Paid to the Wardens and Commonalty of the Mystery of the Mercers of the City of London the Sum of _____ for the Benefit of his present Wife _____ the Daughter of _____ and Received an Obligation from the said Company for the due Payment to his said Wife of the sum of 30 l. per Cent. per Annum in case she survives him during her Life Now the Condition of this Obligation is such That in case his said Wife shall dye before him if he the above-bound A. B. shall within 30 Days after his said Wife's Decease give Notice to the said Company of her Death under his Hand and Seal and deliver up the Obligation he had from the Company and also if the said A. B. shall remove his Habitation or Dwelling-place and shall give Notice thereof to the said Company within 30 Days of such his Removal with the Name of the Place and Parish to which he is removed And in default of Notice to be given as aforesaid Then if the said A. B. his Executors Administrators or Assigns shall pay One Pound per Cent. of his Subscription-Money for every Month he shall delay so to do That then this Obligation to be void and of no effect or else to remain in full force PUrsuant to this Proposal the Subscription Books were laid open March 1. 1698. and Attendance was given by several Members of the Company appointed as Managers every Week on Wednesdays Tuesdays and Fridays between the hours of 9 and 12 in the Forenoon and 3 and 6 in the Afternoon And though several Thousand Pounds were Subscribed yet it being observed that the Capital Stock of 100000 l. in all probability would not be compleated before the 24th of June the time limited for Subscriptions Therefore that so useful an Undertaking might not be laid aside having first Examined what might be the Reasons why Subscriptions were not compleated as at first was expected and having conceived that the Chief Reason was because there was no Settlement as yet made at a General Court held for the said Company the 16 th of June 1699. it was Resolved as followeth 1. That the said Settlement proposed in the former Paper shall be forthwith settled by able Council in the Law in Trustees of undoubted Reputation and Ability for the Benefit of the Subscribers that so there might never be a failure And any of the Persons that have Subscribed may if they desire it have liberty to accompany the Members of the Company to go with them to the Council to see the making of the said Settlement 2. As soon as the said Settlement is made Publication shall be made thereof and those Persons that have Subscribed are to pay in their Moneys according to their Subscription 3. The Company will take Subscriptions at any time hereafter till such time as the Sum of 100000 l. be subscribed but will not exceed that Sum at any one time And in case of the Death of any Persons whereby the Subscriptions fall off the Company will admit any other Person or Persons to Subscribe such Sum or Sums as will make up the said Sum of 100000 l. but never to exceed the same 4. After the said Settlement shall be made every Subscriber is to pay in the Money by him Subscribed at the time of his Subscription 5. The Company have thought fit also to enlarge the Sums to be Subscribed viz. That all Married Men of the Age of Thirty Years or under may Subscribe any Sum not exceeding 1000 l. That all Married Men not exceeding the Age of Forty Years may Subscribe any Sum not exceeding 500 l. And that all Married Men not exceeding the Age of Sixty Years may Subscribe any Sum not exceeding 300 l. And the Widows of all Persons Subscribing according to these Limitations shall receive the Benefit of 30 l. per Cent. per Ann. according to the former Proposals 6. The Company do also Declare That any Person under the Limitations before mentioned may Subscribe for the Use and Benefit of any Person or Persons as such Subscriber shall by his last 〈◊〉 and Testament direct during the Natural Life of his Wife in case she survives him Declaring in his Subscription That it is so intended and such Person or Persons shall receive the Benefit of such Subscription accordingly 7. That the Obligations to be given by the Company shall be made suitable to these Alterations as well for those that have already Subscribed as those that shall Subscribe hereafter And the Bond to be given by the Subscribers shall be only of the Penalty of half the Sum Subscribed by any Person 8. And whereas in the Company 's Obligation the First Payment to be made to any Widow or other Person who should be entituled to any Benefit by virtue of any Subscription was by the said Obligation in the former Proposal to be on the First of the Feast-Days therein mentioned that should happen Six Months or more after the Decease of the Person or Persons so Subscribing The Company have thought fit and do hereby Declare That such First Payment shall be made at such of the said Feast-Days which shall happen Four Months or more after the Decease of the Person or Persons so Subscribing and the Obligation to be made accordingly BEsides these Alterations and Improvements several other Concessions have been since made in favour of Subscribers As 1. Several Persons who live distant from London being sensible of the Trouble and Charge of long Journeys did desire the Liberty to Subscribe and Pay in their Money by Proxy Which being Proposed and debated at a Committee the 14 th of July 1699 the Resolve of the said Committee was thus It was thought necessary by this Committee that a General Court be moved That whereas by the General Proposal All Persons are obliged to be present at the Subscribing and Paying in of the Money that the Committee may have a Power to take Subscriptions by Proxy and Certificate of the Health of the Party in all such Cases as they shall see cause The which Debate