The Schedule containing the Draught of the Charter mentioned in the Commission to which it is Annexed and whereunto the same hath Reference WILLIAM and MARY By the Grace of GOD of England Scotland France and Ireland King and Queen Defenders of the Faith c. To all to whom these Presents shall come Greeting Whereas in Recital of the Act. and by a certain Act lately made in Parliament Entituled An Act for Granting to Their Majesties several Rates and Duties upon Tunnage of Ships and Vessels and upon Beer Ale and other Liquors for securing certain Recompences and Advantages in the said Act mentioned to such Persons as shall voluntarily Advance the Sum of Fifteen Hundred Thousand Pounds towards carrying on the War against France It is amongst other Things Enacted That for and during the Term of Four Years Commencing from the first day of June in the year of Our Lord One Thousand Six Hundred Ninety and Four there should be throughout the Kingdom of England Dominion of Wales and Town of Berwick upon Tweed Raised Levied Collected and paid for and upon the Tonnage of all Ships and Vessels wherein at any time or times and for every time during the said Term of Four Years there should be Imported any Goods or Merchandizes into this Kingdom of England Dominion of Wales or Town of Berwick upon Tweed from any Parts Places or Countries in the said Act mention'd or wherein during the said Term there should be carried Coastwise from any Port Member or Creek in the Kingdom of England Dominion of Wales or Town of Berwick upon Tweed unto any other Port Creek or Member within the same Kingdom Dominion Port or Town the several and respective Rates Impositions Duties and Sums of Money in the said Act mentioned And that from and after the Seventeenth day of May which shall be in the Year of Our Lord One Thousand Six Hundred Ninety and Seven there shall be throughout the said Kingdom of England Dominion of Wales and Town of Berwick upon Tweed Raised Levied Collected and Paid unto Us Our Heirs and Successors for Beer Ale Syder and other Liquors certain Additional Rates or Duties of Excise in the said Act particularly Expressed And that Weekly to wit on Wednesday in every Week if it be not an Holiday and if it be then the next day after that is not an Holiday All and every the Monies arising by the Rates and Duties by the said Act Granted should be paid into the Receipt of the Exchequer under certain Penalties therein mentioned And that yearly and every year reckoning the first year to begin from the First day of June in the year of Our Lord One Thousand Six Hundred Ninety Four the full Sum of One Hundred and Forty Thousand Pounds by or out of the Monies to arise by the said several Duties upon the Tunnage of Ships and Vessels and by the said Rates and Duties of Excise or any of them and to be brought into the Receipt of the Exchequer by Weekly Payments as aforesaid in case the said Weekly Payments shall extend thereunto should be the whole and entire yearly Fund And in case the said Weekly Payments should not amount to One Hundred and Forty Thousand Pounds per Annum then the said Weekly Monies or Payments so far as the same will extend should be part of the yearly Fund for and towards the Answering and Paying of the several Annuities and other Purposes in the said Act expressed And in Case the said Duties upon the Tunnage of Ships and Vessels and the said Rates and Duties of Excise or any of them should at any time or times appear to be so deficient or low in the produce of the same as that within any one year to be reckoned as aforesaid the Weekly Payments upon the said Rates or Duties or any of them shall not amount to so much as One Hundred and Forty Thousands Pounds or to so much as shall be sufficient to Discharge and Satisfie the said several and respective Annuities and other Benefits or Advantages by the said Act intended or appointed to be paid within or for the same year respectively That then and so often and in every such Case the Commissioners of Our Treasury and the Under-Treasurer of the Exchequer now being and the Treasurer and Under-Treasurer of the Exchequer or Commissioners of the Treasury for the time being are thereby strictly Injoyned and Required by Virtue of the said Act and without any further or other Warrant to be Sued for had or obtained from Us Our Heirs or Successors in this behalf to cause every such Deficiency to be made good by applying issuing or paying so much of any Treasure or Revenue belonging or to belong unto Us Our Heirs or Successors not being Appropriated to any particular Use or Uses by any Act or Acts of Parliament towards the Discharging or Paying of the said Annuities or other Benefits or Advantages appointed to be paid by the said Act as together with the Moneys which shall have been brought into the said Receipt of or for the said several Rates or Duties shall be sufficient to pay off and Discharge and shall compleatly pay off and Discharge all the Moneys which within the same year respectively shall be grown due or ought to be paid upon the said Annuities or other Benefits or Advantages according to the true intent and meaning of the said Act And it is thereby further Enacted That it should and might be Lawful to and for Us by Commission under the Great Seal of England to Authorize and Appoint any number of Persons to Take and Receive all such voluntary Subscriptions as should be made on or before the First day of August in the year of Our Lord One Thousand Six Hundred Ninety Four by any Person or Persons Natives or Foreigners Bodies Politick or Corporate for and towards the Raising and Paying into the Receipt of the Exchequer the Sum of Twelve Hundred Thousand Pounds part of the Sum of Fifteen Hundred Thousand Pounds in the said Act mentioned And that the yearly Sum of One Hundred Thousand Pounds part of the said yearly Sum of One Hundred and Forty Thousand Pounds arising by and out of the Duties and Impositions aforementioned should be applied issued and directed and is thereby appropriated to the Use and Advantage of such Person and Persons Bodies Politick and Corporate as should make such voluntary Subscriptions and Payments their Heirs Successors or Assigns And that each Weekly or other Payment arising by and out of the said Duties and Impositions should by the Auditor of the Receipt of Exchequer from time to time as the same shall be paid in be separated and divided into five seventh parts and two seventh parts And that the said five seventh parts of the said several Payments arising by and out of the Duties and Impositions aforesaid and so set apart shall be Appropriated for and towards the Payment and Satisfaction of the said yearly Sum of One
Hundred Thousand Pounds and shall from time to time be issued and paid as the same shall come into the said Receipt of Exchequer to the Uses and Advantages of such Subscribers and Contributors their Heirs Successors or Assigns as should Subscribe and Contribute for and towards the raising and paying into the said Receipt of Exchequer the said Sum of Twelve Hundred Thousand Pounds And that it should and might be lawful for Us by Letters Patents under the Great Seal of England to limit direct and appoint how and in what manner and proportions and under what Rules and Directions the said Sum of Twelve Hundred Thousand Pounds part of the said Sum of Fifteen Hundred Thousand Pounds and the said yearly Sum of One Hundred Thousand Pounds part of the said yearly Sum of One Hundred and Forty Thousand Pounds and every or any Part or Proportion thereof may be Assignable or Transferrable Assigned or Transferred to such Person or Persons only as shall freely and voluntarily accept of the same and not otherwise And to Incorporate all and every such Subscribers and Contributors their Heirs Successors or Assignees to be one Body Corporate and Politick by the Name of The Governor and Company of the Bank of England to have perpetual Succession and with such Priviledges and Powers and to be under such Rules as are therein mentioned subject nevertheless to a certain Proviso or Condition of Redemption in the said Act contained And it is thereby further Enacted That in Case the said whole Sum of Twelve Hundred Thousands shall not be advanced and paid into the Receipt of the Exchequer before the first day of January which shall be in the year of Our Lord One Thousand Six Hundred Ninety and Four that then the Subscribers and Contributors for and towards the Raising and Paying of the said Sum of Twelve Hundred Thousands Pounds part of the said Sum of Fifteen Hundred Thousand Pounds their Heirs Successors and Assignees shall only have and receive so much and such part and proportion to the said Sum and Sums so respectively paid and advanced as shall be after the rate of eight Pounds per Cent. per Annum And for the better and more speedy payment of the said yearly Sum of One Hundred Thousand Pounds the Commissioners of Our Treasury and the Under-Treasurer of the Exchequer now being and the High-Treasurer and Under-Treasurer or Commissioners of the Treasury for the time being are thereby strictly Enjoyned and Required by Virtue of the said Act and without any further or other Warrant to be Sued for had or obtained from Us Our Heirs or Successors to direct their Warrants yearly for the payment of the said yearly Sum of One hundred thousand Pounds to the Contributors of the said Sum of Twelve hundred thousand Pounds in such Manner and Proportions as are therein Directed and Appointed And the Auditor of the Receipt of Our Exchequer and all other Officers of the Exchequer now and for the time being are thereby Directed and Enjoyned to issue the said Moneys so set a-part for the Uses afore-mentioned from time to time without any Fee or Reward and under such Penalties as are by the said Act to be inflicted And in the said Act is contained a Proviso That in case the whole Sum of Twelve hundred thousand Pounds or a Moity thereof should not be Subscribed on or before the First day of August One thousand six hundred ninety four aforesaid that then the Powers and Authorities in the said Act for Erecting a Corporation as aforesaid should cease and determine And it is further Enacted That any Moneys payable to any Person or Persons upon or by Virtue of the said Act shall not be Charged or Chargeable with any Rates Duties or Impositions whatsoever as in and by the said Act of Parliament amongst divers other Matters and Things therein contained relation being thereunto had may more fully appear And whereas in pursuance of the said Act Recital of the Commission We did by Our Commission or Letters Patents under the Great Seal of England bearing Date at Westminster the Fifteenth day of June now last past Nominate Constitute Authorize and Appoint Sir William Ashurst Knight Mayor of our City of London Sir John Cope Sir Thomas Littleton Sir John Shaw Sir Walter Young Sir Josiah Child Names of Commissioners Sir John Morden Sir William Cooper Sir John Huband Sir Francis Lawly Baronets Sir Robert Cotton of Cambridgeshire Knight Sir Robert Clayton Sir Patience Ward Sir James Houblon Sir John Houblon Sir Edward Clearke Sir Richard Levett Sir William Gore Sir William Hedges Sir Thomas Abney Aldermen of our City of London Sir Charles Caesar Sir Edward Abney Sir Benjamin Newland Sir John Werden Sir John Bucknall Sir Peter Vandeput Sir William Cranmer Sir Henry Furnes Sir Isaac Rebow Sir William Scawen Sir John Buckworth Sir John Eyles Sir John Chardin Knights Mordecai Abbot George Pitt Thomas Pitt Master in Chancery William Dorington Brooke Bridges Robert Bristow Charles Fox Thomas Felton James Chadwick Dr. George Oxenden Charles Williams Henry Cornish Edward Clark Colonel Henry Cornwall William Gulston Charles Godolphin Esquires John Germain Charles Godfrey Thomas Howard Thomas Hall Nathaniel Herne Robert Henly John Jefferies John Knight Richard Hutchinson Charles Duncombe Joseph Haskyn Styles Francis Scobell John Morrice Thomas Mawle Thomas Papillon Phillip Papillon Francis Parry William Palmes Esquires Nathaniel Tench Francis Tyssen Samuel Travers Thomas Western Senior Samuel Westerne Thomas Westerne Junior Robert Atwood Peter Ducane William Desboverie John Duboise Peter Delmee William Disher James Dufay Francis Eyles Barrington Eaton James Bateman William Bridges Linnen-Draper Samuel Bulteele Charles Ball Esquires Bartholomew Burton Gent. Bartholomew Beale George Bodington Peter Burrell John Bellamy Scrivener David Becceler William Fawkner James Fowlis Samuel Foot Junior Bartholomew Fillingham John Carter Gerrard Conyers Richard Carey John Cooke Linnen-Draper Charles Chamberlaine William Coward Francis Gosfright Thomas Goddard Michael Godfrey Peter Godfrey Francis Gell Lewis Gervaice Thomas Guy Peter Houblon Junior Abraham Houblon Gilbert Heathcot Samuel Heathcot Edmund Harrison Matthew Humberston Dr. Thomas Hobbs Daniel Hayes Edward Haistwell Thomas Hancock Robert Raworth Samuel Rawsterne George Richards Hillary Renew Benjamin Rookeby Matthew Raper Theodore Jansen Walter Kent William Knight John Kendrick John Lordell Robert Lyddall Samuel Lock John Lloyd William Lowndes Timothy Lannoy James La Bretoniere Thomas Scawen Obediah Sedgwick Samuel Sheppard John Smith Silkman Robert Mitchel John Nicholson Foot Onslow Samuel Ongley William Paterson Peter Paggen Arthur Shallet Stephen Seignoret John Sherbrook Humphry Sympson Henry Spencer John Smith in Beauford-Buildings Maximilian Western Joseph Tyley Francis Tierens Henry Tate Jasper Vandebush Gerrard Vanhuitsen John Ward John Woolfe Robert Whittingham Richard Mulys Robert Yate John Ellis Thomas Edwards James Vernon William Ash Edward Herris Hugh Squire Edward Littleton Richard Cheyney John Holland William Sedgwick William Jarret John Shipman and Constantine Vernatty Esquires to be Our Commissioners to Take and Receive
Weekly Moneys or Payments so far as the same will extend shall be part of the said Yearly Fund of And in case the said Duties by the said Act granted or any of them shall at any time or times appear to be so deficient or low in the Produce of the same as that within any one Year to be reckoned from the first Day of June as aforesaid Five Seventh Parts of the Weekly Payments upon the same Rates and Duties or any of them shall not amount to so much as _____ within or for the same Year respectively That then and so often and in every such Case We do hereby authorise enjoyn and require the Commissioners of Our Treasury and the Under Treasurer of the Exchequer now being and the Treasurer and Under Treasurer of the Exchequer or Commissioners of the Treasury for the time being of Us Our Heirs and Successors forthwith and without any further or other Warrant to be sued for had or obtained from Us our Heirs and Successors in that behalf to cause every such Deficiency to be made good by applying issuing or paying so much of any Treasure or Revenue belonging or to belong to Us Our Heirs or Successors not being appropriated to any particular Use or Uses by any Act or Acts of Parliament towards the Discharging or Paying of the said Yearly Fund of _____ as together with Five Seventh Parts of the Moneys which shall have been brought into the Receipt of the Exchequer of or for the said several Rates or Duties by the said Act granted shall be sufficient to Pay off and Discharge and shall compleatly Pay off and Discharge the said Yearly Fund of _____ according to the true Intent and Meaning of the said Act and of these Presents The Constitution of the Company And for the better ordering managing and governing the Stock and other Affairs of the said Corporation and for the Making and Establishing a continual Succession of Persons to be Governor Deputy Governor and Directors of the said Corporation We do by these Presents for Us Our Heirs and Successors grant unto the said Governor and Company of the Bank of England and their Successors and do hereby ordain and appoint that there shall be from time to time for ever of the Members of the said Company a Governor a Deputy Governor and Twenty Four Directors of and in the said Corporation which Governor Deputy Governor and Directors or any Thirteen or more of them of which the Governor or Deputy Governor to be always One shall be and be called a Court of Directors for the Ordering Managing and Directing the Affairs of the said Corporation and shall have such Powers and Priviledges as are herein after mentioned First Governor And we do hereby Nominate Constitute Ordain and Appoint That _____ who is chosen for this Purpose by a Majority of the said Subscribers having Five Hundred Pounds each in the said Capital Stock pursuant to certain Clauses in our said Commission contained shall be the Present and First Governor First Deputy Governor And that _____ who is chosen in like manner shall be the Present and First Deputy Governor First Twenty Four Directors And that _____ who are severally chosen in like manner by a Majority of like Subscribers shall be the Present and First Directors of the said Corporation Continuance in their Offices And the said Governor Deputy Governor and Directors shall continue in their respective Offices untill the Five and Twentieth Day of March which shall be in the Year of Our Lord One Thousand Six Hundred Ninety Six and untill others shall be duly chosen in their respective Offices and Sworn into the same unless they or any of them shall sooner dye or be removed as is herein after mentioned Power to Assemble And We do further by these Presents for Us Our Heirs and Successors Give and Grant unto the said Governor and Company of the Bank of England And We do hereby Ordain Will and Appoint that it shall and may be lawful to and for all and every the Members of the said Corporation or Body Politick from time to time to Assemble and Meet together at any convenient Place or Places for the Choice of their Governor Deputy Governor and Directors and for the Making of By-Laws Ordinances Rules Orders or Directions for the Government of the said Corporation and for any other Affairs or Business concerning the same Publick Notice thereof being first given by Writing to be affixed upon the Royal Exchange in London Notice of General Courts two Days at least before the Time appointed for such Meeting And that all the Members of the said Corporation or so many of them as shall be so assembled shall be and be called a General Court of the said Corporation which Court shall Meet and Assemble at such Times and in such Manner as herein after is directed Election of succeeding Governor Deputy Governor and Directors And that all succeeding Governors Deputy Governors and Directors of the said Corporation shall from and after the Five and Twentieth Day of March in the Year of Our Lord One Thousand Six Hundred Ninety Six be yearly and successively Chosen for ever out of the Members of the said Corporation on some Day or Days or Times between the Five and Twentieth Day of March and the Five and Twentieth Day of April in each Year by the Majority of Votes of all and every the Members of the said Corporation having then each of them Five Hundred Pounds or more Share or Interest in the said Capital Stock and Fund of the said Corporation and who shall be personally present at such Elections each of them to have and give one Vote and no more which succeeding Governors Deputy Governors and Directors so Chosen shall severally and respectively continue in their respective Offices to which they shall be severally Elected for one Year and till others shall be duly Chosen and Sworn into their Places respectively In Case of Death Provided nevertheless that in case of Death Avoidance or Removal of the Governor Deputy Governor or any of the Directors of the said Corporation for the Time being the Survivors of them or the Majority of those remaining in their Office shall and may at any time Assemble together the Members of the said Corporatio in order to Elect other Persons By-Members qualified to Vote in manner aforesaid in the Room of those then Dead Removed or avoided and that every Deputy Governor in the Absence of the Governor shall have the same Power as a Governor Governor absent Qualification of Elector Provided nevertheless and We do hereby Will and Ordain Constitute Appoint and Command that no Person or Persons shall be or be esteemed quantified or capable to be an Elector to Vote or shall give any Vote at any General Court or otherwise for an Election of Governor Deputy-Governor or Directors or any of them or for or concerning the making of By-Laws
either as Original Subscribers of the said Sum of _____ and not having parted with their Interests in their Subscriptions or as Heirs Successors or Assigns or by any other lawful Title derived or to be derived from by or under the said Original Subscribers of the said Sum of _____ or any of them now have or at any time or times hereafter shall have or be Intitled to any Part Share or Interest of or in the Principal or Capital Stock of the said Corporation or the said Yearly Fund of One Hundred Thousand Pounds granted by the said Act of Parliament or any Part thereof so long as they respectively shall have any such Part Share or Interest therein shall be and be called one Body Politick and Corporate of themselves in Deed and in Name by the Name of The Governor and Company of the Bank of England and Them by that Name one Body Politick and Corporate in Deed and in Name We do for Us Our Heirs and Successors Make Create Erect Establish and Confirm for ever by these Presents and by the same Name They and their Successors shall have perpetual Succession and shall and may have and use a Common Seal May have a Common Seal for the Use Business or Affairs of the said Body Politick and Corporate and their Successors with Power to Break Alter and to Make anew their Seal from time to time at their Pleasure and as they shall see Cause And by the same Name May Purchase and Hold. they and their Successors in all times coming shall be Able and Capable in Law to Have Take Purchase Receive Hold Keep Possess Enjoy and Retain to them and their Successors any Mannors Messuages Lands Rents Tenements Liberties Priviledges Franchises Hereditaments and Possessions whatsoever and of what Kind Nature or Quality soever and moreover to Purchase and acquire all Goods and Chattels whatsoever wherein they are not restrained by the said Act. And also to Sell Grant Demise Alien or Dispose of the same Mannors Messuages Lands Rents Tenements Priviledges Franchises Hereditaments Possessions Goods and Chattels Sue and be Sued or any of them And by the same Name they and their Successors shall and may Sue and Implead and be Sued and Impleaded Answer and Defend and be Answered and Defended in Courts of Record or any other Place whatsoever and before whatsoever Judges Justices Officers and Ministers of Us Our Heirs and Successors and in all and singular Pleas Actions Suits Causes and Demands whatsoever of what Kind Nature or Sort soever and in as large ample and beneficial Manner and Form as any other Body Politick and Corporate or any other the Liege People of England or other Our Dominions being Persons Able and Capable in Law may or can Have Take Purchase Receive Hold Keep Possess Enjoy Sell Grant Demise Alien Dispose Sue Implead Defend or Answer or be Sued Impleaded Defended or Answered in any manner of wise and shall and may do and Execute all and singular other Matters and Things by the Name aforesaid that to them shall or may appertain to do by Vertue of the said Act or otherwise Subject to Redemption Subject nevertheless to the Proviso and Condition of Redemption in the said Act mentioned And to all and every other Clauses Provisoes and Conditions in the said Act contained Subscribers and Assigns shall be Members of the Incorporation And we do hereby declare that all Persons having any Interest or Part in the Capital Stock or Fund of the said Corporation either as Original Subscribers or by Assignments or as Heirs or otherwise shall be and be esteemed Members of the said Corporation and shall be admitted into the same without any Fee or Charge whatsoever Subscription Money called Stock And We do hereby for Us Our Heirs and Successors declare limit direct and appoint that the aforesaid Sum of _____ so subscribed as aforesaid shall be and be called accepted esteemed reputed and taken The Common Capital and Principal Stock of the Corporation hereby Constituted Subscribers to be interested in the Stock and Fund And all and every Person and Persons his her and their Heirs Successors and Assigns according and in proportion to the Sum or Sums of Money by him her or them respectively subscribed as aforesaid shall have and be deemed to have an Interest or Share in the said Principal Stock and of and in the Yearly Fund of One Hundred Thousand Pounds granted by the said Act of Parliament Directions to the Treasury And We do hereby for Us Our Heirs and Sucessors authorise enjoyn and require the Commissioners of Our Treasury and Under Treasurer of Our Exchequer now being and the High Treasurer Commissioners of the Treasury and Under Treasurer of Us Our Heirs and Successors for the time being without any further or other Warrant to be had or obtained from Us Our Heirs or Successors to direct their Warrants and Orders according to the said Act for the Payment of the yearly Sum of _____ by and out of the Five Seventh Parts the whole into seven equal Parts to be divided of the Moneys arising by the Rates and Duties granted by the said Act and thereby appointed to be kept apart for the Payment of the said Yearly Fund of One Hundred Thousand Pounds to the said Governor and Company of the Bank of England and their Successors for ever under and subject nevertheless to the Payment of the Issues Fines Amerciaments and Debts upon Judgments against the said Corporation according to the Purport of the said Act. The first Year to be reckoned to begin from the first day of June in the Year of Our Lord Christ One Thousand Six Hundred Ninety and Four And We do hereby direct and enjoyn the Commissioners of Our Treasury and the Treasurer Commissioners of the Treasury and Under Treasurer of the Exchequer and the Auditor of the Receipt of Our Exchequer and all other the Officers of the Exchequer of Us Our Heirs and Successors now and for the time being from time to time to Issue and Pay the said Five Seventh Parts of the Moneys arising by the Duties granted by the said Act or so much thereof as shall be sufficient for this purpose to the said Governor and Company of the Bank of England and their Successors by Weekly Payments or otherwise as the same or any Part thereof shall from time to time come into the Receipt of the Exchequer for and towards Satisfaction of the said Yearly Sum of And in case five Seventh Parts of the Weekly Payments in the said Act mentioned and intended to be the Yearly Fund for the Recompence of the said Subscribers shall not amount unto so much as the yearly Sum of _____ which is the Annual Fund thereby established for the said Corporation to Receive Then We do hereby for Us Our Heirs and Successors Grant and Agree to and with the said Governor and Company and their Successors that Five Seventh Parts of the said