Selected quad for the lemma: land_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
land_n	pound_n	value_n	yearly_a	1,858	5	10.5680	5	true

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A25300	An Account of the land-bank shewing the design and manner of the settlement, the profits to the subscribers, the advantage to the borrowers, the conveniency to the lenders, that it will be the support of the nobility and gentry of England, and a publick good to the whole nation.		1695 (1695)	Wing A301; ESTC R1284	3,359	2

a_o account_n of_o the_o land-bank_n show_v the_o design_n and_o manner_n of_o the_o settlement_n the_o profit_n to_o the_o subscriber_n the_o advantage_n to_o the_o borrower_n the_o conveniency_n to_o the_o lender_n that_o it_o will_v be_v the_o support_n of_o the_o nobility_n and_o gentry_n of_o england_n and_o a_o public_a good_a to_o the_o whole_a nation_n bill_n or_o note_n of_o credit_n secure_v on_o a_o valuable_a and_o certain_a fund_z be_v of_o great_a advantage_n to_o commerce_n &_o trade_n payment_n be_v thereby_o make_v easy_a quick_a &_o certain_a but_o if_o such_o note_n or_o bill_n of_o credit_n be_v not_o so_o strict_o limit_v as_o they_o can_v exceed_v the_o value_v of_o their_o fund_n they_o may_v prove_v a_o damage_n to_o traffic_n and_o a_o loss_n to_o the_o trader_n for_o bill_n give_v out_o upon_o a_o unlimited_a credit_n must_v chief_o have_v for_o their_o security_n the_o profit_n of_o those_o undertake_n wherein_o the_o money_n be_v employ_v for_o which_o those_o bill_n of_o credit_n be_v give_v and_o therefore_o differ_v little_a from_o the_o trust_n or_o credit_n that_o be_v give_v to_o private_a trader_n which_o be_v good_a or_o bad_a as_o they_o be_v fortunate_a or_o unfortunate_a and_o so_o grow_v rich_a or_o poor_a by_o their_o trade_n therefore_o that_o the_o land_n of_o england_n may_v be_v make_v a_o solid_a certain_a &_o well-limited_n fund_z of_o credit_n as_o useful_a to_o the_o owner_n as_o so_o much_o ready_a money_n and_o of_o great_a value_n be_v the_o design_n of_o the_o land_n bank_n as_o will_v appear_v by_o the_o manner_n of_o the_o settlement_n and_o consequence_n of_o it_o the_o manner_n of_o the_o settlement_n 1._o the_o governor_n of_o the_o land-bank_n will_v lend_v money_n on_o land_n or_o house_n at_o 3_o l._n 10_o s._n per_fw-la cent._n per_fw-la ann._n to_o all_o person_n that_o shall_v convey_v their_o estate_n according_a to_o the_o settlement_n which_o be_v thus_o their_o estate_n be_v to_o be_v convey_v in_o trust_n for_o the_o payment_n of_o the_o principal_a and_o interest_n to_o the_o governor_n of_o the_o land-bank_n and_o upon_o further_a trust_n that_o the_o say_a governor_n may_v have_v power_n to_o charge_v the_o say_a land_n with_o note_n or_o bill_n of_o credit_n for_o the_o say_a money_n so_o borrow_a and_o interest_n for_o the_o same_o 2._o that_o the_o bill_n of_o credit_n charge_v on_o the_o land_n &_o give_v out_o by_o the_o governor_n for_o the_o take_n in_o of_o money_n shall_v be_v pay_v on_o demand_n with_o interest_n after_o the_o rate_n of_o 2_o l._n per_fw-la cent._n per_fw-la ann._n for_o which_o purpose_n one_o hundred_o thousand_o pound_n be_v subscribe_v that_o there_o may_v be_v a_o sufficient_a cash_n lie_v ready_a to_o answer_v such_o bill_n 3._o that_o the_o fund_n of_o credit_n may_v be_v certain_a and_o well_o limit_v the_o governor_n be_v not_o to_o lend_v or_o charge_v any_o bill_n of_o credit_n for_o more_o than_o three_o fourth_n of_o the_o value_n of_o the_o land_n or_o house_n and_o every_o bill_n will_v have_v reference_n by_o a_o letter_n and_o figure_n to_o the_o book_n and_o place_n where_o the_o land_n be_v register_v on_o which_o that_o bill_n be_v charge_v 4._o that_o no_o loss_n may_v for_o ever_o happen_v to_o any_o of_o their_o bill_n of_o credit_n through_o deficiency_n of_o title_n or_o want_v of_o value_n the_o governor_n be_v immediate_o to_o lay_v out_o ten_o thousand_o pound_n part_n of_o the_o one_o hundred_o thousand_o pound_n subscribe_v as_o a_o collateral_a security_n to_o ensure_v the_o value_n of_o their_o bill_n and_o also_o every_o year_n to_o lay_v out_o ten_o shilling_n of_o the_o interest_n of_o the_o 3_o l._n 10_o s._n to_o increase_v the_o say_a security_n 5._o the_o borrower_n of_o money_n may_v at_o any_o time_n without_o give_v notice_n pay_v in_o the_o money_n borrow_a or_o any_o part_n of_o it_o and_o their_o land_n will_v be_v according_o discharge_v or_o they_o may_v continue_v it_o pay_v the_o interest_n till_o three_o year_n after_o the_o first_o notice_n to_o be_v give_v for_o the_o payment_n of_o the_o principal_a in_o by_o a_o monthly_a account_n the_o interest_n of_o 3_o l._n 10_o s._n be_v to_o be_v pay_v quarterly_o but_o in_o case_n it_o be_v not_o pay_v within_o one_o month_n after_o the_o six_o month_n be_v due_a than_o they_o must_v pay_v after_o the_o rate_n of_o 5_o per_fw-la cent._n for_o the_o six_o month_n 6._o there_o will_v be_v a_o monthly_a account_n from_o the_o land-bank_n print_v and_o publish_v the_o first_o monday_n in_o every_o month_n which_o be_v the_o notice_n by_o the_o settlement_n for_o all_o matter_n relate_v to_o the_o bank_n and_o it_o will_v be_v also_o use_v for_o the_o publish_n of_o the_o sale_n of_o land_n and_o house_n which_o will_v be_v beneficial_a for_o the_o buyer_n and_o seller_n they_o be_v to_o pay_v ten_o shilling_n per_fw-la cent._n according_a to_o the_o value_n of_o the_o land_n or_o house_n sell_v the_o manner_n will_v be_v to_o this_o effect_n 7._o the_o rentall_a or_o value_v of_o the_o land_n or_o house_n the_o price_n that_o they_o will_v be_v set_v up_o 〈◊〉_d the_o money_n that_o be_v to_o be_v bid_v and_o the_o day_n of_o sale_n shall_v be_v thrice_o publish_v in_o the_o monthly_a account_n that_o all_o person_n may_v have_v timely_a notice_n to_o examine_v and_o inquire_v into_o the_o value_n of_o the_o say_a land_n or_o house_n and_o the_o person_n that_o intend_v to_o purchase_v be_v to_o give_v in_o their_o proposal_n in_o write_v seal_v up_o at_o the_o day_n of_o sale_n which_o proposal_n shall_v be_v open_v in_o their_o presence_n and_o the_o fair_a bidder_n shall_v be_v the_o purchaser_n and_o that_o the_o sale_n of_o land_n or_o house_n may_v be_v as_o quick_o dispatch_v as_o the_o sale_n of_o good_n if_o the_o purchaser_n will_v pay_v down_o one-fourth_a part_n of_o the_o value_n the_o governor_n of_o the_o bank_n will_v lend_v he_o the_o other_o three_o fourth_n and_o continue_v the_o same_o at_o interest_n 8._o the_o governor_n of_o the_o bank_n be_v to_o be_v choose_v yearly_o by_o the_o majority_n of_o vote_n every_o subscriber_n for_o 100_o l._n to_o have_v one_o vote_n and_o none_o more_o than_o ten_o vote_n the_o number_n of_o the_o governor_n be_v to_o be_v twenty_o one_o and_o six_o of_o they_o that_o have_v the_o few_o vote_n be_v to_o go_v off_o every_o year_n and_o not_o be_v capable_a of_o be_v choose_v till_o the_o three_o year_n after_o twenty_o pound_n of_o the_o subscription-money_n to_o be_v pay_v down_o when_o she_o governor_n be_v choose_v the_o profit_n to_o the_o subscriber_n will_v be_v 1_o l._n 10_o s._n per_fw-la cent._n for_o all_o the_o money_n that_o the_o bank_n shall_v lend_v and_o 10_o s._n per_fw-la cent._n of_o the_o value_n of_o all_o the_o estate_n they_o shall_v sell_v which_o according_a to_o the_o computation_n that_o some_o person_n make_v that_o there_o be_v two_o or_o three_o million_o at_o interest_n upon_o the_o land_n may_v make_v the_o stock_n to_o produce_v thirty_o or_o forty_o per_fw-la cent._n profit_n yearly_a for_o how_o great_a soever_o the_o sum_n be_v that_o be_v owe_v at_o interest_n upon_o land_n it_o may_v be_v all_o lend_v by_o the_o bank_n and_o the_o bill_n pay_v on_o demand_n and_o circulate_v with_o one_o hundred_o thousand_o pound_n but_o yet_o if_o by_o experience_n it_o shall_v be_v find_v not_o sufficient_a there_o be_v a_o provision_n in_o the_o settlement_n for_o the_o subscribe_v one_o hundred_o thousand_o pound_n more_o for_o which_o the_o first_o subscriber_n be_v to_o have_v the_o preferrence_n the_o advantage_n to_o the_o borrower_n be_v that_o they_o may_v have_v money_n at_o 3_o l._n 10_o s._n per_fw-la cent._n three_o fourth_n of_o the_o value_n of_o their_o land_n and_o may_v pay_v back_o the_o money_n at_o any_o time_n either_o the_o whole_a or_o part_n which_o last_o advantage_n be_v so_o great_a that_o for_o want_v of_o it_o the_o borrower_n often_o suffer_v very_o great_a loss_n for_o when_o the_o sum_v lend_v on_o the_o land_n be_v great_a they_o be_v difficult_a to_o be_v borrow_a more_o person_n have_v small_a sum_n than_o great_a and_o the_o interest_n be_v great_a than_o the_o ●ent_n of_o the_o land_n and_o so_o be_v not_o pay_v the_o sum_n be_v increase_v and_o because_o it_o must_v be_v repay_v together_o the_o borrower_n be_v put_v under_o such_o difficulty_n in_o pay_v it_o that_o before_o they_o can_v get_v it_o they_o be_v often_o foreclose_v of_o their_o equity_n of_o redemption_n and_o many_o time_n lose_v a_o four_o part_n of_o the_o value_n of_o their_o estate_n and_o if_o they_o get_v it_o they_o be_v very_o great_a loser_n by_o the_o interest_n of_o the_o money_n lie_v dead_a while_n they_o make_v up_o the_o whole_a sum._n the_o conveniency_n to_o the_o lender_n that_o take_v the_o bill_n of_o credit_n be_v that_o though_o the_o interest_n be_v small_a yet_o their_o security_n be_v on_o the_o land_n and_o the_o money_n at_o demand_n which_o may_v be_v a_o great_a conveniency_n to_o they_o when_o a_o opportunity_n be_v offer_v either_o in_o purchase_v good_n or_o land_n than_o if_o they_o have_v a_o great_a interest_n on_o the_o same_o land_n and_o their_o money_n not_o at_o command_n i_o will_v be_v the_o support_n of_o the_o nobility_n and_o gentry_n of_o england_n by_o lower_v the_o interest_n of_o money_n and_o raise_v the_o value_n of_o their_o estate_n for_o in_o all_o country_n the_o price_n of_o land_n be_v govern_v by_o the_o rate_n of_o the_o interest_n of_o money_n when_o money_n in_o england_n be_v at_o 8_o per_fw-la cent._n land_n general_o sell_v for_o fifteen_o or_o sixteen_o year_n purchase_v when_o it_o be_v reduce_v to_o 6_o per_fw-la cent._n land_n be_v raise_v to_o twenty_o year_n purchase_v and_o after_o plenty_n of_o money_n reduce_v interest_n on_o real_a security_n to_o 5_o per_fw-la cent._n land_n sell_v for_o twenty_o four_o or_o twenty_o five_o year_n purchase_v and_o when_o the_o land-bank_n shall_v lend_v money_n at_o 3_o l._n 10_o s._n per_fw-la cent._n interest_n must_v be_v reduce_v to_o the_o same_o rate_n and_o land_n by_o the_o same_o rule_n must_v rise_v to_o thirty_o one_o and_o thirty_o two_o year_n purchase_v beside_o the_o other_o advantage_n by_o this_o settlement_n which_o will_v be_v by_o the_o quick_a and_o easie_n borrow_v of_o money_n and_o buy_v and_o sell_v land_n which_o will_v add_v to_o the_o value_n of_o land_n and_o make_v it_o better_o than_o ready_a money_n and_o may_v in_o time_n raise_v it_o to_o forty_o year_n purchase_n it_o will_v be_v a_o public_a good_a to_o the_o whole_a nation_n for_o the_o land_n of_o england_n be_v the_o fund_z and_o riches_n of_o the_o nation_n by_o which_o the_o government_n be_v support_v and_o the_o nation_n defend_v and_o whatsoever_o raise_v the_o value_n of_o land_n increase_v the_o riches_n and_o strength_n of_o the_o nation_n it_o be_v expect_v that_o the_o settlement_n will_v be_v in_o a_o few_o day_n seal_v therefore_o those_o person_n that_o have_v occasion_n to_o borrow_v money_n of_o the_o bank_n or_o sell_v their_o estate_n may_v enter_v at_o the_o office_n the_o value_n of_o their_o estate_n and_o the_o sum_n of_o money_n they_o will_v borrow_v and_o the_o price_n they_o will_v sell_v their_o estate_n at_o for_o it_o be_v intend_v to_o prevent_v all_o exception_n that_o the_o security_n shall_v be_v proceed_v on_o and_o all_o matter_n dispatch_v in_o order_n as_o they_o shall_v stand_v enter_v in_o the_o office_n the_o register_n office_n for_o enter_v estate_n and_o lend_v of_o money_n be_v keep_v in_o lincolns-inn_n over_o the_o stamp_n office_n where_o the_o subscription_n book_n lie_v and_o the_o bank-office_n for_o pay_v and_o take_v in_o of_o money_n and_o give_v out_o of_o the_o bank-bill_n will_v be_v keep_v in_o the_o upper_a part_n of_o exeter-change_n in_o the_o strand_n london_n print_v by_o t._n milbourn_n in_o jewen-street_n 1695._o