Selected quad for the lemma: majesty_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
majesty_n	act_n	king_n	say_a	3,501	5	6.4476	4	false

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A31122	The case of the assignees of the goldsmiths, for their interest granted to be paid out of the hereditary revenue of excise		1689 (1689)	Wing C1015; ESTC R220036	1,966	1

THE CASE of the Assignees of the Goldsmiths FOR THEIR Interest granted to be paid out of the Hereditary Revenue of EXCISE HIS Majesty King CHARLES the Second having borrowed great Sums of Money of several Goldsmiths and others did for satisfaction thereof in April 1677. Grant and Assure by Patent under the Great Seal of England to each of the said Goldsmiths their Heirs and Assigns and for the Benefit of their Creditors an yearly Rent for ever upon the Hereditary Revenue of Excise equal in value to the Interest of their Debts after the Rate of Six per Cent. per Annum with a Clause of Redemption upon His Majesties paying the Principal That before the said Letters Patents were Granted the Goldsmiths Accompts were exactly stated and examined with the greatest scrutiny by the Lord Treasurer Auditors and other Officers of the Exchequer whose duty it was to be privy to and inspect the said Accompts and after the said Accompts were adjusted and approved The said Letters Patents were granted And by Order of the said King and the Lords of his Council Copies thereof were ordered to be Printed and Published The Creditors of the Goldsmiths taking notice of the Letters Patents did deliver up their Bonds and Securities to the said Goldsmiths and did accept of Assignments from them for their respective Interest payable out of the Hereditary Excise which was quarterly paid for several years and thereupon the Goldsmiths did Assign the far greatest part of their yearly Rent Since the said Letters Patents were granted the King having therein reserved a Power of Redemption hath paid several persons their Principal and Interest particularly Isaac Legouch Mr. William Chiffinch Dr. Watson and several others That in the Reign of the Late King JAMES only Three Quarters Interest was paid And afterwards by the Advice of Papists or other wicked persons amongst other their Arbitrary proceedings the Creditors aforesaid were denied payment of what was justly due to them And it is humbly conceived that such denial and stoppage of payment of the said Interest is manifestly an Invasion of the Property of the Subject for the following Reasons viz. Because the said Letters Patents are Granted and Secured under the Great Seal of England which is the best Security our Kings can give to their Subjects and by which their Majesties have ever been Concluded and Boun● By this Tenure the whole Magistracy in Church and State hold their great Offices and the vast Emoluments thereof All the Corporations and Companies of England enjoy their Franchises and Immunities tho Granted to them many Ages ago By this Security alone the innumerable Purchases and Grants from the Crown both Ancient and Modern as well Abby Lands as others are held to this day without interruption And the said Security which the King hath given to the Goldsmiths and their Assigns for this Debt is of the same validity with those The King did make this Settlement upon a valuable Consideration of Money really lent to and received by His said Majesty from his Subjects Which receipt of Money the King doth expresly acknowledg and affirm in the said Letters Patents And therefore the King had an adequate and proportionable Compensation for this Settlement and so could not be deceived in His Grant. The said Letters Patents were made in satisfaction for Moneys lent by the Subjects to the King upon the Credit and Invitation of a certain Statute-Law made in the 19th Year of His said Majesty's Reign King CHARLES the Second Intituled An Act for the Assigning Orders in the Exchequer without Revocation Wherein it is Enacted That every Person to whom any Moneys shall be due in His Majesty's Exchequer and that hath there any Order registred for the payment thereof out of any branch of His Majesty's Revenue may assign his Right and Title in such Order And thereupon his Assignees shall be intitled to the benefit of such order and payment thereon And the Goldsmiths and their Assigns are within all the Qualification required in the said Statute And so the said Settlement is pursuant to an Act of Parliament and in maintenance of a Common Faith and Warranty given by the whole Nation for the satisfaction of this Debt And therefore valid in Law. Which Law was revived in the late King JAMES 's Reign for Seven Years as a good and wholsome Law. The said Letters Patents were made for satisfaction of Money lent to the King by the Subjects upon the Security of Tallies struck in the Exchequer which is a good Security in that Case to the Subject by the Common Law And so the said Settlement is in affirmance of the Common Law of England This Security is founded upon that part of the Excise which was granted by the Parliament to the King His Heirs and Successors And therefore as this Case is The King might legally charge this Hereditary part of the Revenue in perpetuity for satisfaction of the said Moneys so to him lent as aforesaid By the express limitation of the said Letters Patents the yearly Rent granted to the Goldsmiths and their Assigns is to be paid to them without further Warrant or without any Accompt Imprest or other Charge And by the said Letters Patents the King hath expresly covenanted for Himself His Heirs and Successors That if at any time hereafter any Defect or Question should be found or made concerning the validity of the said Letters Patents That in such Case the King His Heirs and Successors would make such futher Grant Assurance and 〈◊〉 as 〈…〉 said Goldsmiths their Heirs and Assigns But by the late Arbitrary and Illegal Denial of Justice many thousands have been and will be undone without speedy Relief LONDON Printed in the Year MDCLXXXIX