June 1647
An Ordinance for the raising of 42000. l. and for Explanation of the former Ordinance for raising of 200000.l. for the service of this Kingdom and the Kingdom of Ireland.

Sponsor

History of Parliament Trust

Publication

Author

C.H. Firth, R.S. Rait (eds)

Year published

1911

Supporting documents

Pages

948-953

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'June 1647: An Ordinance for the raising of 42000. l. and for Explanation of the former Ordinance for raising of 200000.l. for the service of this Kingdom and the Kingdom of Ireland.', Acts and Ordinances of the Interregnum, 1642-1660 (1911), pp. 948-953. URL: http://www.british-history.ac.uk/report.aspx?compid=56174 Date accessed: 17 April 2014. Add to my bookshelf


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Contents

June, 1647

[3 June, 1647.]

42000l. to be raised.; Security.

The Lords and Commons assembled in Parliament, intending to raise the sum of Forty two thousand pounds, for the uses herein after expressed, do hereby Declare and Ordain, That every person who hath advanced any Moneys, Plate, or Horse, with their Furniture and Arms, or hath lent any Moneys for or upon any the particular occasions or services mentioned in the late Ordinance, intituled, An Ordinance of the Lords and Commons assembled in Parliament, for securing of all those that shall advance Two hundred thousand pounds for the service of this Kingdome, and of the Kingdome of Ireland, That such persons may for every sum of Money which they shall further lend, for or toward the advancement of the aforesaid Forty two thousand pounds, be secured a like sum more, to be paid out of the Grand Excise, and all other the several securities given and assured by the said late Ordinance, and in such manner as is therein and thereby provided and appointed, which of them shall first happen, together with the Interest due thereupon, after the rate of Eight per cent. per annum, till Principal and Interest be fully discharged in course, after the former engagements for which the Grand Excise and all other the said several securities now stand engaged, be fully satisfied and discharged. As for Example, If there be owing to any person One hundred pounds Principal, which with the Interest thereupon for three years past, will make One hundred twenty four pounds; he adventuring One hundred twenty four pounds more, shall be secured, as is aforesaid, for the whole Two hundred forty eight pounds; and so proportionably for a greater or lesser sum, and according to the Interest due thereupon: And also, that he shall be paid his Interest which shall be then due, after the rate of Eight per cent. per ann. every six Moneths, out of the Receipt of the Grand Excise.

Bishops Lands charged with it.; Liberty to assign moneys due on this Ordinance.; Moneys due hereupon shall be defalked in purchases.; 12000l. hereof to be paid to the Militia of London.; 3000l. to poor persons who have voluntarily contributed.

And the said Lords and Commons do hereby declare and ordain, That Sir John Wollaston Knight and Alderman of London, and the rest of the Trustees for the sale of Bishops Lands, appointed by an Ordinance of Parliament, intituled, An Ordinance of the Lords and Commons assembled in Parliament, for the lessening of the number of the Trustees for the sale of Bishops Lands, and the Survivors and Survivor of them. And the Heirs of the Survivor of them shall stand and be seized of all and singular the Counties Palatine, Honors, Mannors, Lands, Tenements, and Hereditaments, and other the Premisses setled and vested in them and their Heirs and Assigns, in and by the said Ordinance, excepting as is therein excepted; and shall take and receive all the Rents, Revenues, Issues, and Profits, hereafter due and payable for the Premisses, or any part of them, until sale shall be made of the same to the uses, intents and purposes herein after mentioned and declared, after the former sums lent and secured thereupon, or which are to be satisfied and paid out of the same, shall be fully satisfied and discharged: And that John Blackwel senior of Mortlake in the County of Surrey Esquire, and the rest of the Contractors for Bishops Lands, and William Gibbs Alderman of London, and the rest of the Treasurers formerly appointed for receiving the Moneys which shall arise upon the sale or proceed of Bishops Lands; and John Fowke Alderman of London, Comptroller, and his Deputy or Deputies; and Henry Elsynge Esquire, Clerk of the House of Commons, Register, and his Deputy or Deputies; and Colonel Robert Manwaring, Register Accomptant, shall continue in their said several Trusts, Offices, and Places respectively, and shall hereby have power severally and respectively, to do all other acts and things, as in and by the said first recited Ordinance, or any other Ordinances, Declarations, or Instructions of Parliament, heretofore in that behalf made, they, every, or any of them respectively, are authorized, directed and appointed to act or do, excepting what is otherwise directed in and by this present Ordinance, until sale shall be made of the Premisses, to the uses, intents, and purposes herein after mentioned: And also that James Bunce Alderman of London, and Richard Glyde, and Lieutenant Colonel Laurence Bromfield, Citizens of London, shall be and continue Treasurers for the receiving and paying out of the said Forty two thousand pounds hereby intended to be raised, which they shall do at Weavers Hall in London, or any other place where they or the major part of them shall think fit; and shall do, act, and execute all other acts and things whatsoever, for, or concerning the receiving and paying of the said Forty two thousand pounds, as fully and amply, and in such manner respectively, as is by the said first recited Ordinance appointed and declared, for and concerning the receiving and paying of the said Two hundred thousand pounds therein mentioned: And that the aforesaid Robert Manwaring shall be Register Accomptant of all and singular the Accompts and Registries, and do and execute all acts and things concerning all and singular the Premisses mentioned and contained in this present Ordinance respectively, as fully and amply, and in such manner and form as is formerly ordained and appointed by the said first recited Ordinance, or any other Ordinances heretofore made in that behalf respectively: And that the said James Bunce, and the rest of the Treasurers before named, and the said Robert Manwaring, and their respective Clerks, shall have and receive the same respective allowances and salaries continued, allowed, and paid unto them respectively for this present service, as in and by the former Ordinances is limited and appointed to them for the like respective services therein expressed and required: And that all persons who have voluntarily lent any Moneys, Plate, or Horse, with their Furniture and Arms, upon the Propositions by vertue of any Ordinance, Declaration, or Instruction of both Houses of Parliament, shall have the same allowed in such manner, and upon such Certificates, and shall have all such benefits and advantages as in and by the said late Ordinance is expressed and appointed: And that it shall and may be lawfull to and for every person or persons, to whom any Money is owing upon the Publique Faith, or otherwise as is aforesaid, or any who shall have any Moneys due to him or them by vertue of this present Ordinance, to grant or assign his or their said Debts, or any part thereof, to any other person or persons whatsoever, and that such Assignees shall have all such benefits and advantages thereof, and thereupon, as in and by the said first recited Ordinance is granted and allowed: And that every person and persons, who shall lend any Moneys upon this present Ordinance, shall be demeaned in like manner, and shall have all such benefits and advantages whatsoever, by defalcation upon Purchases in course, after the former engagements shall be fully satisfied and discharged, or otherwise, as fully and amply, and in such sort and manner as by the first recited Ordinance is granted and allowed: And that every person or persons who shall wittingly and willingly produce and bring in to the Register-Accomptant any forged Acquittance or Certificate, shall undergo such Penalty as in and by the said Ordinance is declared and appointed: And that every person or persons who shall have his Ticket allowed and entred by the Register-Accomptant in his Book, and shall not bring in his money thereupon, according to this present Ordinance, within eight days after such entry, to the Treasurers hereby appointed for the same, shall undergo such Penalty as in and by the said Ordinance is declared and appointed. And the said Lords and Commons do hereby declare, ordain, and appoint, That the said Treasurers shall pay 12,000 pounds, part of the said 42,000 pounds to be advanced upon this Ordinance, unto the Committee of the Militia of the City of London, or such as they or any nine of them shall appoint, to be disposed by the said Committee, or any nine of them, for and toward the paying of the Arrears already due for the Guards of the said City, or which shall hereafter become due for the same, and such other requisite charges as may concern the same; and that the Warrant of the said Committee, or any nine of them, in writing under their hands, to the said Treasurers for the payment of the said Forty two thousand pounds, or any part thereof, shall be a sufficient discharge to the said Treasurers for the same: And that Thirty thousand pounds being the residue of the said Forty two thousand pounds, shall be paid to such poor persons as have voluntarily contributed any moneys, Plate, or Horse with their Furniture and Arms, upon the Propositions in the year 1642. and are not able to double the same, not exceeding the sum of Ten pounds to any one such poor person, in such manner as shall be hereafter directed and appointed by both Houses of Parliament; And that the Warrant of such who shall be thereunto hereafter appointed by both Houses of Parliament, in writing under their hands, shall be a sufficient discharge to the said Treasurers for the same.

Commissioners of the Excise to pay the interest.

And the said Lords and Commons do hereby Declare and Ordain, That the said Forty two thousand pounds shall not be disposed or imployed, nor paid out by the said Treasurers to any other uses or purposes then such as is herein before limited and appointed. And be it further Declared and Ordained, That the said Treasurers shall receive all sums of Money due and payable out of any the securities aforesaid, from the hands of the Treasurers there already appointed, or who hereafter shall be appointed, and as they shall receive the same (deducting charges and allowances) shall again pay out and divide such Moneys to the Lenders, by one fourth part of their whole Debt that shall be owing to them, in course as they did pay in their money, with the Interest then due; & so from time to time till the whole be paid: And that the said Treasurers shall keep true and perfect Accompts of all Receipts, Disbursements, and Payments, of or concerning the said Forty two thousand pounds, and shall give in their Accompts to the Committee for taking the Accompts of the whole Kingdome for the time being; who are hereby required to take the same every six moneths, and thereupon to give Discharges to the said Treasurers; and after such Discharges, the said Treasurers shall not be further questioned for or concerning any of the matters for which they have had and received such Discharges. And the Commissioners of the Grand Excise are hereby required and authorized to pay unto the said Treasurers every six moneths, all such Interest as shall be then due for any sum or sums of money lent upon this Ordinance, upon their Certificate thereof in writing, in such manner as is expressed and appointed in the said first recited Ordinance, concerning the Interest due or to be due according to the said Ordinance: And that the said Commissioners of Excise, and the respective Treasurers of any the Treasuries or Receipts hereby engaged for the securities aforesaid, shall respectively from time to time pay unto the Treasurers hereby appointed for that purpose, all and every sum or sums of money due and payable by this present Ordinance, which shall come to, and be in their said Treasuries or Receipts in course as is aforesaid: And the Receipts of the said Treasurers hereby appointed, or any two of them, shall be a sufficient Discharge to the said Commissioners of Excise, and the Treasurers of the said several Treasuries and Receipts respectively. And be it further ordained, That no Grant or Assignment hereafter to be made upon the receipts of the Grand Excise, or any of the aforesaid securities, shall precede this present Ordinance, whereof the said Commissioners and respective Treasurers are to take notice accordingly. And it is further ordained, That the Excise and new Impost, mentioned in the Ordinance of 11 Septemb. 1643. or any Ordinance or Ordinances of this present Parliament made in explanation or continuance thereof, shal be continued, taken, and put in due execution, until such time as all sums of money payable by vertue of this present Ordinance, shall be paid and satisfied. And it is also ordained, That this present Ordinance, and every Article, Clause, and thing therein contained, shall be pleadable, and may be given in evidence in any of his Majesties Courts of Justice, or other Courts: And the Judges of the said Courts are hereby required to allow and admit thereof accordingly. Provided always, That all such sums of Money as shall be lent upon this present Ordinance with the respective Tickets or Receipts of money formerly lent, as is aforesaid, which shall be thereby doubled, shall be secured as is aforesaid, although the full sum of Forty two thousand pounds shall not be advanced (as is intended).

Explanation of the former Ordinance

And for a further Explanation, and better putting in execution as well of the aforesaid late Ordinance, as of this present Ordinance, the said Lords & Commons do hereby declare and ordain, That the said James Bunce Alderman, and the rest of the Treasurers, or any two of them, are hereby authorized and required to give receipts to the parties who have lent, or shall lend any Money toward the raising of the aforesaid Two hundred thousand pounds, or the said Forty two thousand pounds, both for the sum or sums now lent or to be lent in ready money, and the like former sum or sums due upon the Publique Faith, or otherwise, according to the said Ordinances, and ascertained by the said Robert Manwaring, which are or shall be doubled by them; which Receipts given by the said Treasurers, or any two of them, for the said 200000 l. and such Receipts as are to be given for the said 42000 l. shall be a sufficient ground to such persons to whom the same are or shall be given, their Executors, Administrators, and Assigns, to require and receive the same. And also that the said Treasurers shall pay unto the said Lenders, in course every six moneths, the Interest which shall be then due by the said Ordinance, or this present Ordinance, after the aforesaid rate of 8 per cent. out of such moneys as they shall then have received. And further, that the said Treasurers, or any of them, shall have free Liberty and Power, from time to time, as occasion shall require, to peruse and examine the Books of Receipts and Disbursments of the several Treasurers and Commissioners of the said Treasuries and Receipts engaged for the security aforesaid, to the end that they may see and find out, what sum and sums of money are or shall be come into the said Treasuries and Receipts, towards the repayment of the moneys which are or shall be due and payable by the said Ordinances. And the Treasurers and Commissioners of the said Treasuries and Receipts engaged for the security aforesaid, are hereby required to shew unto them their said several Books of Receipts and Disbursments, and to suffer them to peruse and examine the same: And shall also from time to time pay unto them such moneys due and payable by the said Ordinances, which shall be then received and come into their said Treasuries and Receipts for the repayment of the Principal and Interest of the sums due by the said Ordinances. And lastly, be it declared and ordained, That the Committee of Lords and Commons formerly appointed for the allowing of incident charge to the former Treasurers appointed by the Ordinance for the sale of Bishops Lands, or any five of them, shall have power and authority to allow the like incident charges to the said James Bunce, and the rest of the Treasurers respectively. Provided always, That the aforesaid sums of ten pounds, or under, intended for the repayment of poor persons, shall be paid onely to such poor persons, or for their proper use and benefit, and not to any persons who have bought or shall buy of them any such Tickets or Receipts as is aforesaid.