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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
duty_n act_n pay_v say_a 1,402 5 6.9915 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A23868 An abstract of the charter to the governour and company of the Bank of England; Charter Bank of England. 1695 (1695) Wing A127; ESTC R3104 8,503 7

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a_o abstract_n of_o the_o charter_n to_o the_o governor_n and_o company_n of_o the_o bank_n of_o england_n whereas_o by_o a_o act_n entitle_v a_o act_n for_o grant_v to_o their_o majesty_n several_a rate_n and_o duty_n upon_o tonnage_n etc._n etc._n it_o be_v enact_v that_o for_o four_o year_n from_o the_o first_o of_o june_n 1694._o there_o shall_v be_v pay_v upon_o the_o tonnage_n of_o all_o vessel_n wherein_o any_o good_n shall_v be_v import_v from_o any_o the_o country_n in_o the_o act_n name_v or_o coast-wise_a from_o port_n to_o port_n in_o england_n the_o several_a rate_n in_o the_o act_n mention_v and_o certain_a additional_a duty_n of_o excise_n on_o beer_n ale_n and_o other_o liquor_n and_o that_o weekly_n on_o every_o wednesday_n if_o not_o a_o holiday_n and_o if_o it_o be_v the_o next_o day_n not_o a_o holiday_n all_o the_o money_n arise_v by_o the_o say_a rate_n shall_v be_v pay_v into_o the_o exchequer_n and_o that_o yearly_o begin_v from_o the_o first_o of_o june_n 1694_o the_o sum_n of_o 140000_o l._n arise_v out_o of_o the_o say_a duty_n and_o rate_n in_o case_n the_o weekly_a payment_n extend_v thereunto_o shall_v be_v the_o yearly_o fund_z and_o if_o they_o do_v not_o extend_v thereunto_o then_o the_o say_v weekly_a payment_n so_o far_o as_o they_o will_v extend_v shall_v be_v part_n of_o the_o yearly_o fund_z and_o in_o case_n the_o say_a duty_n and_o rate_n shall_v be_v so_o low_a as_o that_o within_o any_o one_o year_n the_o weekly_a payment_n shall_v not_o amount_v to_o 140000_o l._n or_o be_v sufficient_a to_o answer_v the_o annuity_n by_o the_o act_n intend_v in_o such_o case_n the_o commissioner_n of_o the_o treasury_n be_v strict_o enjoin_v without_o any_o warrant_n from_o the_o king_n to_o make_v good_a such_o deficiency_n out_o of_o any_o treasure_n or_o revenue_n of_o the_o crown_n not_o appropriate_v yearly_o to_o discharge_v the_o say_a annuity_n and_o that_o it_o shall_v be_v lawful_a for_o their_o majesty_n to_o commissionate_a any_o number_n of_o person_n to_o receive_v such_o subscription_n as_o shall_v be_v make_v before_o the_o first_o of_o aug._n next_o by_o any_o native_n or_o foreigner_n or_o corporation_n towards_o pay_v into_o the_o exchequer_n the_o sum_n of_o 1200000_o l._n and_o that_o the_o yearly_o sum_n of_o 100000_o l._n shall_v be_v appropriate_v to_o such_o subscriber_n and_o that_o the_o say_v weekly_a payment_n as_o they_o come_v in_o shall_v be_v divide_v into_o 5_o 7_o part_n and_o 2_o 7_o part_n which_o 5_o 7_o part_n shall_v be_v appropriate_v to_o the_o pay_v of_o the_o say_v 100000_o l._n per_fw-la annum_fw-la and_o shall_v be_v pay_v as_o the_o same_o come_v into_o the_o exchequer_n to_o the_o use_n of_o such_o subscriber_n and_o that_o the_o king_n may_v appoint_v how_o the_o say_v 1200000_o l._n and_o the_o say_v 100000_o l._n per_fw-la annum_fw-la shall_v be_v assignable_a and_o may_v incorporate_v such_o subscriber_n by_o the_o name_n of_o the_o governor_n and_o company_n of_o the_o bank_n of_o england_n subject_n to_o the_o condition_n of_o redemption_n and_o if_o 1200000_o l._n or_o a_o moiety_n or_o great_a part_n thereof_o be_v not_o pay_v into_o the_o exchequer_n by_o the_o first_o of_o january_n 1694_o than_o the_o subscriber_n shall_v have_v only_o after_o the_o rate_n of_o 8_o per_fw-la cent._n per_fw-la ann._n and_o the_o commissioner_n of_o the_o treasury_n be_v require_v without_o any_o warrant_n from_o the_o king_n to_o pay_v the_o say_v 100000_o l._n per_fw-la annum_fw-la to_o the_o subscriber_n and_o that_o no_o person_n or_o corporation_n shall_v subscribe_v more_o than_o 20000_o l._n and_o every_o subscriber_n at_o the_o time_n of_o his_o subscribe_v shall_v pay_v down_o 1_o 4_o of_o his_o subscription_n and_o in_o default_n thereof_o such_o subscription_n shall_v be_v void_a that_o the_o residue_n of_o the_o subscription_n shall_v be_v pay_v into_o the_o exchequer_n before_o the_o first_o of_o january_n and_o in_o default_n thereof_o the_o first_o four_o part_n shall_v be_v forfeit_n and_o that_o none_o before_o the_o first_o of_o july_n shall_v write_v above_o 10000_o l._n provide_v if_o 1200000_o l._n or_o a_o moiety_n thereof_o be_v not_o subscribe_v by_o the_o first_o of_o aug._n then_o the_o power_n for_o erect_v a_o corporation_n shall_v cease_v and_o in_o such_o case_n so_o much_o of_o the_o 100000_o l._n as_o shall_v belong_v to_o the_o subscriber_n may_v be_v assignable_a and_o that_o the_o money_n payable_a by_o the_o act_n to_o any_o person_n shall_v not_o be_v chargeable_a with_o any_o duty_n or_o imposition_n as_o by_o the_o say_a act_n may_v appear_v and_o whereas_o their_o majesty_n by_o commission_n under_o the_o great_a seal_n do_v authorise_v divers_a commissioner_n therein_o name_v to_o take_v such_o subscription_n as_o shall_v be_v make_v before_o the_o first_o of_o aug._n pursuant_n to_o the_o say_a act_n and_o therein_o do_v promise_n that_o in_o case_n 1200000_o l._n or_o a_o moiety_n be_v subscribe_v before_o the_o say_v first_o of_o august_n that_o his_o majesty_n immediate_o after_o the_o say_a day_n or_o as_o soon_o as_o 1200000_o l._n shall_v be_v subscribe_v which_o shall_v first_o happen_v will_v incorporate_v the_o subscriber_n by_o the_o name_n aforesaid_a and_o do_v declare_v that_o the_o whole_a sum_n subscribe_v and_o pay_v shall_v be_v the_o capital_a stock_n and_o that_o all_o the_o subscriber_n shall_v have_v a_o interest_n therein_o and_o in_o the_o say_v 100000_o l._n per_fw-la annum_fw-la which_o interest_n shall_v be_v assignable_a so_o as_o such_o assignment_n be_v enter_v and_o register_v as_o in_o the_o say_a commission_n be_v direct_v as_o by_o the_o same_o may_v more_o full_o appear_v and_o whereas_o it_o appear_v by_o duplicate_v transmit_v into_o the_o exchequer_n under_o the_o hand_n and_o seal_n of_o five_o or_o more_o of_o the_o commissioner_n that_o the_o sum_n of_o ______o have_v be_v subscribe_v and_o the_o first_o four_o part_n thereof_o pay_v to_o they_o on_o or_o before_o the_o ______o day_n of_o ______o last_n by_o and_o whereas_o it_o also_o appear_v by_o the_o entry_n of_o several_a assignment_n make_v in_o the_o auditor_n office_n that_o be_v by_o mean_a assignment_n several_o entitle_v to_o the_o subscription_n make_v by_o the_o say_a their_o majesty_n in_o pursuance_n of_o the_o power_n in_o the_o say_a act_n do_v appoint_v that_o the_o say_v and_o all_o and_o every_o other_o person_n native_n and_o foreigner_n and_o body_n politic_a who_o over_o and_o beside_o the_o person_n beforenamed_n have_v subscribe_v any_o sum_n of_o money_n towards_o the_o sum_n of_o ______o and_o pay_v the_o four_o part_n thereof_o upon_o their_o subscription_n and_o who_o be_v now_o live_v and_o have_v not_o assign_v and_o all_o the_o heir_n and_o successor_n of_o any_o the_o original_a subscriber_n now_o dead_a who_o have_v not_o assign_v in_o their_o life_n and_o the_o heir_n and_o successor_n of_o the_o assign_v now_o dead_a who_o do_v not_o in_o their_o life_n assign_v and_o all_o person_n native_n or_o foreigner_n or_o body_n politic_a who_o either_o as_o original_a subscriber_n and_o not_o have_v part_v with_o their_o interest_n or_o as_o heir_n successor_n or_o assign_v or_o by_o other_o lawful_a title_n have_v or_o shall_v have_v any_o interest_n in_o the_o say_v capital_a stock_n or_o yearly_o fund_z so_o long_o as_o they_o have_v any_o interest_n therein_o shall_v be_v and_o be_v call_v one_o body_n politic_a etc._n etc._n by_o the_o name_n of_o the_o governor_n and_o company_n of_o the_o bank_n of_o england_n that_o by_o that_o name_n they_o shall_v have_v perpetual_a succession_n and_o a_o common_a seal_n and_o be_v capable_a to_o purchase_v and_o hold_v land_n and_o tenement_n and_o good_n and_o chattel_n not_o restrain_v by_o the_o act_n and_o to_o grant_v or_o dispose_v the_o same_o and_o shall_v sue_v and_o be_v sue_v and_o do_v all_o other_o matter_n and_o thing_n that_o to_o they_o appertain_v subject_a nevertheless_o to_o the_o condition_n of_o redemption_n in_o the_o act_n mention_v and_o to_o all_o other_o the_o condition_n and_o clause_n therein_o that_o all_o person_n have_v any_o interest_n in_o the_o say_v capital_a stock_n or_o yearly_o fund_z as_o original_a subscriber_n or_o by_o assignment_n or_o as_o heir_n etc._n etc._n shall_v be_v and_o be_v esteem_v member_n of_o the_o say_a corporation_n and_o be_v admit_v into_o the_o same_o without_o charge_n that_o the_o aforesaid_a sum_n of_o ______o subscribe_v as_o aforesaid_a shall_v be_v and_o be_v call_v the_o capital_a stock_n of_o the_o say_a corporation_n ______o and_o that_o all_o person_n their_o heir_n successor_n and_o assign_v in_o proportion_n to_o the_o sum_n by_o they_o respective_o subscribe_v shall_v have_v a_o interest_n in_o the_o say_v capital_a stock_n and_o yearly_o fund_z of_o
100000_o l._n that_o the_o commissioner_n of_o the_o treasury_n now_o and_o for_o the_o time_n be_v without_o any_o warrant_n from_o the_o king_n do_v direct_v their_o warrant_n and_o order_n for_o payment_n of_o the_o yearly_o sum_n of_o ______o to_o the_o say_a corporation_n and_o their_o successor_n for_o ever_o by_o and_o out_o of_o the_o 5_o 7_o part_n of_o the_o money_n arise_v by_o the_o duty_n grant_v by_o the_o say_a act_n subject_a nevertheless_o to_o the_o payment_n of_o the_o issue_n fine_n and_o debt_n upon_o judgement_n against_o the_o corporation_n the_o first_o year_n to_o be_v reckon_v from_o the_o first_o of_o june_n 1694._o that_o the_o commissioner_n of_o the_o treasury_n and_o the_o officer_n of_o the_o exchequer_n do_v pay_v the_o say_v 5_o 7_o part_n of_o the_o money_n arise_v by_o the_o say_a duty_n or_o so_o much_o of_o it_o as_o shall_v be_v sufficient_a for_o this_o purpose_n to_o the_o say_a governor_n and_o company_n and_o their_o successor_n by_o weekly_a payment_n or_o otherwise_o as_o the_o same_o shall_v come_v into_o the_o exchequer_n in_o satisfaction_n of_o the_o say_v yearly_o sum_n of_o ______o and_n in_o case_n 5_o 7_o part_n of_o the_o say_v weekly_a payment_n intend_v to_o be_v the_o say_v yearly_o fund_z shall_v not_o amount_v to_o so_o much_o as_o the_o say_v yearly_o sum_n of_o ______o which_o be_v the_o annual_a fund_z establish_v for_o the_o say_a corporation_n than_o their_o majesty_n grant_n and_o agree_v with_o the_o say_a corporation_n that_o 5_o 7_o part_n of_o the_o say_v weekly_a payment_n so_o far_o as_o the_o same_o will_v extend_v shall_v be_v part_n of_o the_o yearly_o sum_n of_o ______o and_n if_o the_o say_a duty_n shall_v at_o any_o time_n appear_v to_o be_v so_o deficient_a as_o that_o within_o any_o one_o year_n to_o be_v reckon_v from_o the_o say_v first_o of_o june_n 5_o 7_o part_n of_o the_o weekly_a payment_n on_o the_o say_a duty_n shall_v not_o amount_v to_o so_o much_o as_o ______o within_o the_o same_o year_n then_o the_o commissioner_n of_o the_o treasury_n without_o other_o warrant_n from_o the_o king_n shall_v make_v good_a every_o such_o deficiency_n by_o pay_v so_o much_o of_o any_o treasure_n of_o the_o king_n not_o appropriate_v by_o parliament_n towards_o the_o payment_n of_o the_o say_v yearly_a fund_z of_o ______o as_o together_z with_o 5_o 7_o part_n of_o the_o money_n pay_v into_o the_o exchequer_n for_o the_o say_a duty_n shall_v complete_o pay_v off_o the_o say_v yearly_o fund_z of_o ______o according_o to_z the_o meaning_n of_o the_o say_v act._n that_o for_o the_o better_a order_v the_o affair_n of_o the_o corporation_n and_o for_o a_o succession_n of_o person_n to_o be_v governor_n deputy_n and_o director_n thereof_o there_o shall_v be_v for_o ever_o a_o governor_n deputy_n and_o 24_o director_n who_o or_o any_o 13_o or_o more_o of_o they_o whereof_o the_o governor_n or_o deputy_n to_o be_v one_o shall_v be_v and_o be_v call_v a_o court_n of_o director_n for_o the_o order_n the_o affair_n of_o the_o say_a corporation_n with_o such_o power_n as_o be_v hereafter_o mention_v that_o who_o be_v choose_v for_o this_o purpose_n by_o a_o majority_n of_o the_o subscriber_n have_v each_o 500_o l._n stock_n be_v the_o first_o governor_n and_o who_o be_v choose_v in_o like_a manner_n be_v the_o first_o deputy-governor_n and_o who_o be_v choose_v in_o like_a manner_n be_v the_o first_o director_n of_o the_o say_a corporation_n that_o the_o say_a governor_n deputy_n and_o director_n shall_v continue_v in_o their_o office_n till_o the_o 25_o of_o march_n 1696_o and_o till_o other_o be_v choose_v and_o swear_v unless_o any_o of_o they_o shall_v die_v or_o be_v remove_v as_o be_v after-mentioned_n that_o all_o the_o member_n of_o the_o corporation_n may_v meet_v for_o the_o choice_n of_o their_o governor_n deputy_n and_o director_n and_o for_o the_o make_v by-law_n for_o the_o corporation_n or_o other_o their_o affair_n public_a notice_n be_v affix_v at_o the_o royal_a exchange_n two_o day_n at_o least_o before_o the_o say_a meeting_n that_o all_o the_o member_n or_o so_o many_o as_o meet_v shall_v be_v call_v a_o general_n court_n which_o shall_v assemble_v in_o manner_n hereafter_o mention_v that_o all_o succeed_a governor_n deputy_n and_o director_n after_o the_o 25_o of_o march_n 1696._o shall_v be_v yearly_o choose_v forever_o between_o the_o 25_o of_o march_n and_o the_o 25_o of_o april_n in_o each_o year_n by_o the_o majority_n of_o the_o member_n have_v each_o 500_o l._n stock_n who_o shall_v be_v personal_o present_a and_o each_o have_v one_o vote_n and_o no_o more_o which_o governor_n deputy_n and_o director_n shall_v continue_v in_o their_o office_n for_o one_o year_n and_o till_o other_o be_v choose_v and_o swear_v and_o in_o case_n of_o the_o death_n avoidance_n or_o removal_n of_o the_o governor_n deputy_n or_o director_n the_o survivor_n of_o they_o or_o the_o majority_n of_o those_o in_o office_n may_v elect_a other_o person_n as_o aforesaid_a that_o every_o deputy_n in_o the_o absence_n of_o the_o governor_n shall_v have_v the_o same_o power_n as_o a_o governor_n that_o no_o person_n shall_v be_v a_o elector_n for_o the_o choice_n of_o governor_n deputy_n or_o director_n or_o make_v of_o by-law_n or_o in_o any_o other_o the_o affair_n of_o the_o corporation_n who_o shall_v not_o have_v in_o his_o own_o right_n and_o not_o in_o trust_n 500_o l._n stock_n and_o also_o take_v the_o oath_n hereafter_o mention_v if_o require_v viz._n i_o a._n b._n do_v swear_v that_o the_o sum_n of_o 500_o l._n or_o more_o of_o the_o capital_a stock_n of_o the_o governor_n and_o company_n of_o the_o bank_n etc._n etc._n do_v at_o this_o time_n belong_v to_o i_o in_o my_o own_o right_n and_o not_o in_o trust_n that_o no_o member_n in_o any_o election_n or_o other_o business_n of_o the_o corporation_n shall_v have_v more_o than_o one_o vote_n provide_v that_o any_o quaker_n who_o shall_v have_v 500_o l._n stock_n and_o shall_v if_o require_v sign_n the_o follow_a declaration_n viz._n i_o a._n b._n do_v solemn_o declare_v in_o the_o presence_n of_o god_n that_o the_o sum_n of_o 500_o l._n or_o more_o of_o the_o capital_a stock_n of_o the_o governor_n and_o company_n of_o the_o bank_n etc._n etc._n at_o this_o time_n belong_v to_o i_o in_o my_o own_o right_a and_o not_o in_o trust_n shall_v have_v a_o vote_n at_o any_o general_a court_n that_o the_o governor_n or_o deputy_n or_o any_o two_o of_o the_o director_n do_v administer_v the_o say_a oath_n and_o declaration_n that_o no_o person_n shall_v be_v governor_n unless_o he_o be_v a_o natural-born_a or_o naturalize_v subject_n and_o shall_v then_o have_v in_o his_o own_o right_a 4000_o l._n stock_n that_o none_o shall_v be_v choose_v deputy_n unless_o at_o such_o time_n he_o be_v a_o natural-born_a or_o naturalize_v subject_n and_o shall_v then_o have_v in_o his_o own_o right_a 3000_o l._n stock_n that_o none_o be_v choose_v a_o director_n who_o shall_v not_o be_v a_o natural-born_a or_o naturalize_v subject_n and_o shall_v then_o have_v in_o his_o own_o right_a 2000_o l._n stock_n that_o no_o governor_n deputy_n or_o director_n shall_v continue_v in_o their_o office_n long_o than_o the_o continuance_n of_o their_o respective_a stock_n in_o their_o own_o right_n but_o upon_o reduce_v their_o stock_n to_o any_o lesser_a sum_n than_o as_o aforesaid_a their_o respective_a office_n shall_v determine_v and_o other_o be_v choose_v in_o their_o place_n by_o a_o general_n court_n provide_v that_o the_o say_v appoint_v to_o be_v the_o first_o governor_n or_o any_o hereafter_o choose_v into_o the_o say_a office_n shall_v not_o execute_v the_o say_a office_n until_o he_o have_v take_v the_o oath_n appoint_v to_o be_v take_v by_o the_o act_n make_v for_o abrogate_a the_o oath_n of_o supremacy_n and_o allegiance_n and_o until_o he_o have_v take_v the_o oath_n follow_v viz._n i_o a._n b._n do_v swear_v that_o the_o sum_n of_o 4000_o l._n of_o the_o capital_a stock_n of_o the_o governor_n and_o company_n etc._n etc._n do_v at_o this_o time_n belong_v to_o i_o in_o my_o own_o right_n and_o not_o in_o trust_n and_o another_o oath_n viz._n i_o a._n b_o do_v swear_v that_o i_o will_v to_o the_o utmost_a of_o my_o power_n support_v the_o fellowship_n of_o the_o governor_n and_o company_n of_o the_o bank_n etc._n etc._n and_o that_o in_o the_o execution_n of_o the_o say_a office_n i_o will_v honest_o demean_v myself_o according_a to_o the_o best_a of_o my_o skill_n which_o oath_n to_o the_o first_o governor_n may_v be_v administer_v by_o the_o lord_n keeper_n or_o the_o chief_a baron_n and_o to_o any_o future_a governor_n by_o the_o lord_n chancellor_n or_o lord_n keeper_n or_o by_o the_o chancellor_n or_o chief_a baron_n of_o the_o