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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
city_n penny_n pound_n shilling_n 22,719 5 13.6986 5 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A53170 Observations on the proposals of the City, to insure houses in case of fire Fire Office (London, England) 1681 (1681) Wing O105; ESTC R213578 7,141 6

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observation_n on_o the_o proposal_n of_o the_o city_n to_o insure_v house_n in_o case_n of_o fire_n when_o right_o be_v invade_v all_o manner_n of_o defence_n be_v lawful_a therefore_o since_o the_o city_n of_o london_n endeavour_n to_o set_a up_o the_o insure_a of_o house_n from_o fire_n by_o the_o invention_n of_o other_o person_n it_o be_v reasonable_a to_o expect_v that_o they_o who_o be_v author_n of_o the_o design_n and_o be_v thereby_o injure_v will_v not_o forbear_v to_o publish_v those_o truth_n which_o may_v lessen_v their_o adversary_n and_o be_v useful_a to_o preserve_v their_o right_n though_o by_o so_o do_v they_o shall_v seem_v to_o reflect_v on_o the_o justice_n wisdom_n or_o credit_n of_o the_o city_n of_o london_n for_o that_o the_o gentleman_n of_o the_o insurance_n office_n on_o the_o backside_n of_o the_o royal_a exchange_n be_v the_o first_o inventor_n of_o this_o design_n must_v be_v grant_v by_o all_o because_o the_o city_n will_v have_v otherwise_o accept_v that_o fair_a proposal_n that_o be_v at_o first_o make_v to_o the_o right_n honourable_a the_o lord_z mayor_z etc._n etc._n viz._n to_o refer_v it_o to_o council_n to_o determine_v this_o original_a right_n and_o if_o it_o do_v appear_v by_o any_o of_o the_o city-journals_a that_o they_o have_v former_o resolve_v the_o same_o war_n of_o effect_v this_o design_n or_o can_v add_v any_o new_a thought_n that_o improve_v it_o other_o than_o lessen_v the_o 〈◊〉_d or_o prolong_v the_o term_n of_o insurance_n which_o be_v no_o essential_a difference_n nor_o may_v perhaps_o be_v a●_n 〈◊〉_d vantage_n to_o the_o insure_v the_o gentleman_n of_o the_o insurance_n office_n do_v promise_n to_o desist_v from_o insure_v 〈◊〉_d city_n and_o liberty_n and_o though_o it_o may_v be_v true_a that_o about_o the_o year_n 1670._o proposal_n be_v make_v to_o the_o city_n about_o insure_a house_n from_o fire_n upon_o which_o a_o committee_n be_v choose_v to_o examine_v they_o yet_o they_o be_v extreme_o different_a from_o this_o design_n and_o so_o impracticable_a in_o themselves_o that_o they_o be_v force_v to_o lay_v they_o aside_o and_o it_o be_v more_o than_o probable_a that_o the_o city_n can_v never_o have_v settle_v this_o affair_n have_v they_o not_o take_v the_o pattern_n from_o the_o insurance_n office_n since_o ten_o year_n have_v be_v spend_v without_o make_v the_o least_o progress_n in_o it_o now_o since_o the_o undertake_n of_o the_o city_n to_o insure_v house_n be_v but_o a_o copy_n of_o another_o invention_n the_o best_a way_n to_o discredit_v it_o and_o show_v its_o imperfection_n will_v be_v to_o compare_v it_o with_o the_o original_a the_o method_n that_o be_v at_o first_o use_v to_o settle_v the_o insurance_n office_n on_o the_o backside_n of_o the_o royal-exchange_n be_v thus_o viz._n proposition_n for_o insure_a house_n be_v publish_v wherein_o be_v set_v forth_o the_o premium_fw-la or_o rate_n of_o insurance_n the_o several_a term_n of_o year_n the_o security_n of_o ground-rent_n and_o manner_n of_o settlement_n on_o trus●●●●_n and_o that_o general_a satisfaction_n may_v be_v give_v several_a day_n upon_o public_a notice_n be_v appoint_v for_o those_o that_o have_v thought_n of_o insure_v to_o meet_v at_o the_o office_n to_o object_n and_o debate_n ●hat_n may_v be_v advantageous_a or_o disadvantageous_a to_o the_o design_n and_o according_a to_o the_o result_n of_o ●●ose_a debate_n this_o affair_n be_v settle_a by_o counsel_n choose_v by_o those_o that_o subscribe_v to_o insure_v this_o example_n the_o city_n will_v seem_v to_o follow_v some_o thing_n they_o have_v imitate_v not_o now_o ne●●●●●y_o other_o necessary_a they_o have_v omit_v some_o thing_n they_o have_v alter_v which_o have_v much_o prejudice_v their_o design_n all_o which_o may_v be_v observe_v from_o these_o four_o particular_n in_o their_o print_a paper_n viz._n i._o take_v subscription_n ii_o the_o rate_n of_o insurance_n iii_o the_o term_n of_o year_n iv_o their_o go_v at_o last_o to_o council_n to_o know_v whether_o they_o can_v settle_v as_o to_o the_o first_o their_o take_a subscription_n there_o can_v be_v no_o occasion_n now_o unless_o not_o understand_v the_o reason_n of_o the_o design_n they_o be_v careful_a to_o make_v a_o true_a copy_n for_o though_o the_o first_o inventor_n do_v take_v subscription_n because_o the_o design_n be_v altogether_o new_a they_o can_v not_o otherways_o discover_v whether_o their_o proposition_n be_v approve_v of_o but_o by_o the_o readiness_n of_o several_a gentleman_n to_o subscribe_v yet_o since_o this_o affair_n be_v settle_a and_o give_v general_a satisfaction_n there_o be_v no_o occasion_n of_o subscription_n for_o if_o the_o city_n can_v in_o all_o respect_n follow_v this_o pattern_n they_o have_v reason_n to_o expect_v the_o same_o success_n but_o it_o not_o why_o shall_v man_n subscribe_v to_o their_o disadvantage_n especial_o when_o their_o house_n be_v not_o insure_v by_o subscribe_v and_o it_o may_v probable_o be_v so_o long_o if_o ever_o before_o the_o city_n settle_v their_o fund_z that_o their_o house_n may_v be_v burn_v before_o they_o be_v insure_v moreover_o they_o may_v insure_v at_o the_o office_n already_o settle_v and_o be_v release_v when_o they_o find_v the_o city_n have_v make_v better_a provision_n for_o they_o therefore_o there_o can_v be_v no_o occasion_n of_o subscription_n unless_o those_o gentleman_n of_o the_o committee_n that_o drive_v this_o design_n believe_v they_o may_v easy_o engage_v man_n to_o subscribe_v than_o to_o pay_v their_o money_n and_o by_o persuade_v the_o court_n of_o alder_a man_n the_o common-council_n the_o officer_n and_o other_o person_n who_o have_v their_o dependency_n on_o the_o city_n to_o subscribe_v may_v by_o their_o number_n and_o quality_n of_o subscriber_n gain_v a_o reputation_n to_o their_o design_n which_o may_v serve_v as_o a_o encouragement_n to_o many_o not_o think_v person_n and_o supply_v the_o defect_n of_o their_o settlement_n and_o may_v seem_v a_o more_o effectual_a way_n than_o any_o answer_n that_o can_v be_v rive_v to_o the_o paper_n entitle_v a_o enquiry_n whether_o it_o be_v the_o interest_n of_o the_o city_n to_o insure_v house_n ●rom_a fire_n though_o this_o way_n will_v be_v a_o kind_n of_o force_n and_o therefore_o not_o last_v the_o second_o observation_n be_v on_o the_o rate_n or_o premium_fw-la of_o insurance_n which_o be_v forty_o eight_o shilling_n per_fw-la cent._n for_o thirty_o one_o year_n for_o brick-house_n and_o double_a the_o price_n for_o timber_n and_o so_o in_o proportion_n for_o longer_n and_o short_a term_n this_o rate_n be_v two_o shilling_n in_o fifty_o cheaper_o then_o that_o of_o the_o ●nsurance_n office_n which_o be_v probable_o value_v as_o a_o great_a contrivance_n to_o draw_v customer_n the_o ●ffects_n of_o such_o practice_n have_v be_v already_o observe_v in_o the_o paper_n of_o enquiry_n which_o be_v that_o it_o ●ust_z bring_v loss_n to_o the_o undertaker_n and_o at_o last_o ruin_n the_o design_n so_o that_o the_o manager_n of_o this_o affair_n seem_v not_o so_o much_o to_o regard_v the_o future_a consequence_n as_o the_o most_o probable_a mean_n to_o bring_v present_a money_n to_o the_o chamber_n and_o place_n to_o themselves_o but_o since_o the_o gentleman_n of_o the_o insurance_n office_n be_v under_o this_o force_n they_o be_v resolve_v rather_o to_o run_v the_o hazard_n of_o lose_v than_o ●hat_n the_o city_n shall_v make_v advantage_n by_o their_o invention_n therefore_o that_o the_o easiness_n of_o the_o term_n may_v be_v no_o encouragement_n to_o insure_v with_o the_o city_n ●hey_n do_v resolve_v for_o the_o future_a to_o set_v their_o rate_n at_o forty_o five_o shilling_n and_o ten_o penny_n per_fw-la ●ent_fw-la for_o brick_n house_n for_o thirty_o one_o year_n which_o be_v five_o penny_n per_fw-la pound_n rent_n for_o brick-house_n for_o a_o year_n and_o double_v the_o rate_n for_o timber_n and_o to_o discount_n by_o way_n of_o purchase_n viz._n ●ive_a year_n pay_v down_o for_o eight_o year_n insurance_n seven_o for_o twelve_o nine_o and_o a_o half_n for_o twenty-one_a and_o eleven_o for_o thirtyone_a year_n these_o rate_n be_v low_a than_o the_o city_n and_o ●ore_o agreeable_a to_o practice_n than_o their_o table_n which_o be_v after_o the_o rate_n of_o thirteen_o year_n purchase_v for_o ●ne_n and_o thirty_o year_n and_o near_o sixteen_o year_n purchase_v for_o fifty-one_a year_n price_n never_o hear_v of_o ●mong_a purchaser_n and_o do_v further_o declare_v that_o they_o will_v always_o set_v their_o price_n under_o the_o city_n though_o they_o do_v not_o intend_v to_o alter_v any_o more_o till_o they_o be_v certain_a that_o the_o city_n can_v proceed_v and_o have_v settle_v their_o fund_z this_o they_o think_v they_o can_v better_o justify_v the_o do_n than_o the_o city_n because_o their_o security_n be_v ●o_o proportion_v to_o a_o number_n of_o house_n that_o whether_o the_o premium_fw-la make_v a_o
prejudice_n and_o therefore_o they_o have_v no_o reason_n to_o pay_v the_o loss_n as_o have_v be_v former_o say_v to_o ●he_n creditor_n that_o lend_v their_o money_n that_o a_o particular_a faction_n of_o man_n though_o then_o the_o majority_n ●ent_v the_o money_n to_o the_o parliament_n and_o therefore_o they_o have_v no_o reason_n to_o pay_v it_o three_o suppose_v the_o city_n can_v settle_v those_o land_n so_o as_o to_o make_v they_o easy_a to_o be_v recover_v ●ow_o can_v they_o be_v free_v from_o the_o encumbrance_n of_o these_o debt_n and_o bring_v easy_a to_o recover_v ●ow_o shall_v the_o insure_v be_v secure_a that_o those_o creditor_n will_v not_o seize_v they_o for_o some_o of_o ●hem_n be_v put_v in_o mind_n by_o the_o city_n proposal_n that_o the_o land_n shall_v be_v settle_v to_o recover_v without_o trouble_n be_v resolve_v to_o try_v what_o they_o can_v do_v to_o get_v their_o money_n and_o therefore_o ●●ve_v be_v advise_v by_o counsel_n to_o sue_v if_o the_o city_n refuse_v to_o appear_v the_o issue_n must_v be_v levy_v ●n_o the_o land_n which_o may_v be_v a_o dispute_n in_o chancery_n whether_o it_o be_v not_o a_o encumbrance_n from_o notice_n 〈◊〉_d in_o the_o case_n of_o land_n settle_v for_o payment_n of_o debt_n a_o creditor_n shall_v charge_v they_o by_o file_v a_o bill_n it_o chancery_n for_o land_n of_o corporation_n be_v in_o the_o nature_n of_o land_n in_o trust_n if_o to_o avoid_v this_o difficulty_n the_o city_n shall_v appear_v then_o why_o shall_v they_o not_o obtain_v judgement_n and_o so_o seize_v the_o land_n ●nd_v as_o far_o as_o they_o will_v go_v take_v they_o to_o satisfy_v their_o debt_n last_o what_o will_v become_v of_o their_o settlement_n if_o the_o city_n forfeit_v their_o charter_n whether_o the_o ●ands_n of_o the_o corporation_n do_v not_o devolve_v on_o the_o crown_n who_o then_o shall_v satisfy_v loss_n and_o exti●●●●h_v the_o fire_n by_o these_o observation_n it_o may_v appear_v that_o the_o gentleman_n of_o the_o committee_n do_v not_o well_o understand_v the_o design_n they_o be_v about_o for_o which_o they_o be_v not_o to_o be_v blame_v for_o it_o be_v not_o reasonable_a to_o expect_v that_o they_o shall_v so_o well_o on_o a_o sudden_a understand_v a_o design_n as_o the_o inventor_n of_o it_o who_o have_v spend_v much_o time_n and_o study_n in_o the_o contrivance_n no_o more_o than_o they_o may_v be_v suppose_v to_o understand_v law_n and_o physic_n as_o well_o as_o those_o that_o have_v study_v those_o science_n and_o it_o be_v as_o reasonable_a that_o the_o city_n shall_v have_v the_o sole_a practice_n of_o law_n and_o physic_n within_o the_o city_n and_o liberty_n because_o it_o will_v be_v profitable_a as_o that_o they_o shall_v insure_v the_o house_n within_o those_o limit_n and_o something_o more_o reasonable_a because_o the_o profit_n from_o law_n and_o physic_n will_v be_v more_o certain_a but_o however_o those_o gentleman_n that_o intend_v to_o insure_v their_o house_n may_v perhaps_o consider_v that_o by_o insure_v with_o the_o city_n they_o support_v the_o contest_v which_o though_o it_o bring_v down_o the_o price_n of_o the_o insurance_n yet_o in_o the_o end_n must_v ruin_n the_o design_n and_o so_o will_v lose_v that_o advantage_n which_o by_o encourage_v the_o first_o inventor_n they_o may_v probable_o expect_v from_o it_o and_o that_o by_o insure_v they_o be_v not_o serviceable_a to_o the_o city_n for_o this_o design_n as_o the_o committee_n have_v contrive_v it_o may_v produce_v some_o certain_a place_n to_o themselves_o but_o uncertain_a profit_n if_o not_o loss_n to_o the_o city_n and_o beside_o by_o insure_v with_o the_o city_n they_o be_v instrumental_a to_o take_v away_o the_o right_n of_o the_o first_o inventor_n and_o as_o it_o be_v club_n to_o do_v that_o which_o every_o person_n be_v it_o his_o private_a concern_v will_v scorn_v to_o do_v these_o be_v to_o give_v notice_n to_o those_o gentleman_n that_o have_v insure_v their_o house_n at_o the_o office_n on_o the_o backside_n the_o royal-exchange_n if_o they_o will_v come_v to_o the_o office_n they_o shall_v be_v repay_v the_o overplus_a of_o their_o premium_fw-la above_o the_o rate_n of_o forty-five_a shilling_n ten_o penny_n per_fw-la cent._n for_o brick_n and_o four_o pound_n eleven_o shilling_n eight_o penny_n for_o timber_n for_o thirtyone_a year_n and_o so_o in_o proportion_n for_o lesser_a term_n according_a to_o the_o print_a table_n or_o be_v make_v allowance_n by_o addition_n of_o term._n and_o if_o they_o shall_v have_v further_a occasion_n to_o alter_v their_o rate_n they_o will_v make_v all_o that_o have_v or_o shall_v hereafter_o insure_v equal_a abatement_n and_o they_o do_v further_o give_v notice_n that_o they_o intend_v to_o settle_v the_o ground-rent_n of_o devonshire_n building_n the_o next_o term_n and_o then_o to_o make_v provision_n for_o insure_a chamber_n in_o the_o inn_n of_o court_n and_o chancery_n and_o have_v also_o provide_v another_o parcel_n of_o ground-rent_n of_o fifteen_o hundred_o pound_n per_fw-la annum_fw-la at_o westminster_n which_o will_v make_v the_o security_n to_o the_o value_n of_o near_o fourscore_o thousand_o pound_n these_o they_o intend_v to_o settle_v before_o the_o number_n of_o house_n upon_o this_o security_n be_v complete_a and_o to_o give_v public_a notice_n sometime_o before_o with_o the_o name_n of_o council_n that_o be_v to_o settle_v the_o conveyance_n that_o all_o person_n desirous_a of_o satisfaction_n in_o the_o title_n may_v resort_v to_o they_o without_o fe_n the_o premium_fw-la or_o rate_v of_o insurance_n for_o brick-house_n the_o same_o to_o be_v reckon_v double_o for_o timber_n from_o one_o pound_n per_fw-la annum_fw-la rent_n to_o a_o hundred_o for_o the_o term_n of_o thirtyone_a year_n or_o under_o which_o be_v five_o penny_n in_o the_o pound-rent_n for_o one_o year_n and_o to_o discount_n by_o way_n of_o purchase_n that_o be_v five_o year_n pay_v down_o for_o eight_o year_n insurance_n seven_o for_o twelve_o nine_o and_o a_o half_n for_o twentyone_a eleven_o for_o thirtyone_a for_o every_o pound-rent_n insure_v ten_o pound_n in_o money_n be_v to_o be_v pay_v as_o often_o as_o the_o house_n be_v burn_v down_o within_o the_o term_n insure_v this_o be_v forty-five_a shilling_n ten_o penny_n for_o one_o hundred_o pound_n for_o thirtyone_a year_n which_o be_v under_o the_o city_n proposal_n two_o shilling_n two_o penny_n per_fw-la cent._n pound_n rend_v insure_v for_o 8._o year_n insure_v for_o 12._o year_n insure_v for_o 21._o year_n insure_v for_o 31._o year_n house_n burn_v money_n paid_n lib._n l_o sh_n d._n l._n sh_n d._n l._n sh_n d._n ob_fw-la l._n sh_n d._n l._n sh_n d._n 1_o 00_o 02_o 01_o 00_o 02_o 11_o 00_o 03_o 11_o 0_o ½_n 00_o 04_o 07_o 10_o 00_o 00_o 2_o 00_o 04_o 02_o 00_o 05_o 10_o 00_o 07_o 11_o 00_o 00_o 09_o 02_o 20_o 00_o 00_o 3_o 00_o 06_o 03_o 00_o 08_o 09_o 00_o 1●_n 10_o 0●_n 00_o ●●_o ●0_n 30_o 00_o 00_o 4_o ●●_o ●●_o ●●_o 00_o ●●_o 08_o 00_o 15_o 10_o 00_o 00_o 1●_n 0●_n 40_o 00_o 00_o 5_o 00_o 10_o 05_o 00_o 14_o 07_o 00_o 19_o 09_o 0_o ½_n 01_o 02_o 11_o 50_o 00_o 00_o 6_o 00_o 12_o 06_o 00_o 17_o 06_o 01_o 03_o 09_o 00_o 01_o 07_o 06_o 60_o 00_o 00_o 7_o 00_o 14_o 07_o 01_o 00_o 05_o 01_o 07_o 08_o 0_o ½_n 01_o 12_o 01_o 70_o 00_o 00_o 8_o 00_o 16_o 08_o 01_o 03_o 04_o 01_o 11_o 08_o 00_o 01_o 16_o 08_o 80_o 00_o 00_o 9_o 00_o 18_o 09_o 01_o 06_o 03_o 01_o 15_o 07_o 0_o ½_n 02_o 01_o 03_o 90_o 00_o 00_o 10_o 01_o 00_o 10_o 01_o 09_o 02_o 01_o 19_o 07_o 00_o 02_o 05_o 10_o 100_o 00_o 00_o 20_o 02_o 01_o 08_o 02_o 18_o 04_o 03_o 19_o 02_o 00_o 04_o 11_o 08_o 200_o 00_o 00_o 30_o 03_o 02_o 06_o 04_o 07_o 06_o 05_o 18_o 09_o 00_o 06_o 17_o 06_o 300_o 00_o 00_o 40_o 04_o 03_o 04_o 05_o 16_o 08_o 07_o 18_o 04_o 00_o 09_o 03_o 04_o 400_o 00_o 00_o 50_o 05_o 04_o 02_o 07_o 05_o 10_o 09_o 17_o 11_o 00_o 11_o 09_o 02_o 500_o 00_o 00_o 60_o 06_o 05_o 00_o 08_o 15_o 00_o 11_o 17_o 06_o 00_o 13_o 15_o 00_o 600_o 00_o 00_o 70_o 07_o 05_o 10_o 10_o 04_o 02_o 13_o 17_o 01_o 00_o 16_o 00_o 10_o 700_o 00_o 00_o 80_o 08_o 06_o 08_o 11_o 13_o 04_o 15_o 16_o 08_o 00_o 18_o 06_o 08_o 800_o 00_o 00_o 90_o 09_o 07_o 06_o 13_o 02_o 06_o 17_o 16_o 03_o 00_o 20_o 12_o 06_o 900_o 00_o 00_o 100_o 10_o 08_o 04_o 14_o 11_o 08_o 19_o 15_o 10_o 00_o 22_o 18_o 04_o 1000_o 00_o 00_o london_n print_v for_o the_o gentleman_n of_o the_o insurance_n office_n on_o the_o backside_n of_o the_o royal-exchange_n where_o these_o paper_n be_v to_o be_v have_v gratis_o 1681._o