Acts and Ordinances of the Interregnum, 1642-1660. Originally published by His Majesty's Stationery Office, London, 1911.
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[16 October, 1648.]
Sums received out of certain sequestered estates up to £5,000 to be for payment of Horse Guards.
The Lords and Commons in Parliament assembled, taking into consideration the necessity of having Guards of Horse to attend the Parliament, and the due and constant pay of them, Have thought fit, and do hereby Order and Ordain, and it is hereby Ordered and Ordained, That the Sequestrations and Compositions of the Estates Real and Personal of George Duke of Buckingham, Sir Edward Bowyer Knt. William Stafford Esq; Thomas Harris Baronet, John Bill Esq; and Sir Humphrey Tracy, together with all sum and sums of money received out of the said Estates, or any part of them deposited, and that by any way or means remains in the hands of any Committee, or other person or persons whatsoever, shall from henceforth be employed and disposed of for the support and payment of the said Guards of Horse from time to time, until the sum of Five Thousand pounds be raised there out for the payment there of, as aforesaid,
Persons lending money for said service to be repaid out of sequestrations.; Committee of Haberdashers Hall to take such subscriptions,
For the more speedy and effectual raising of which for the service aforesaid, and such other services as both Houses shall think fit the Guards being first paid, the Lords and Commons in Parliament assembled do Order and Declare, and it is hereby Ordered and Declared, That all and every such person or persons, who shall or will within thirty days after the passing of this Ordinance, by way of Loan or otherwise, advance the sum of Five thousand pounds, or any part thereof, it shall be and is hereby accounted an acceptable service to the State, and they and every of them shall be, and are hereby secured out of the said Sequestrations and Compositions of the said Estates, for what they shall so lend for the service aforesaid, and of so much more now owing to every such person or persons upon Publique Faith, as they and every of them shall so lend as aforesaid together with interest at eight pounds per centum for the same, until the whole be satisfied and paid out of the Estates and Compositions, unto every such person and persons as aforesaid.
and to dispose of said sequestrated estates.
And the Lords and Commons do hereby further Order and Ordain, and it is hereby further Ordered and Ordained, That the Committee of Haberdashers-hall, or any three of them, be a Committee to take such subscriptions, and give allowance of such Tickets as are the Receipts of any person or persons authorized thereto, for any Money, Goods, Plate, Horse or Arms, or otherwise lent or owing upon the Publique Faith of the Kingdom, by any such person or persons as aforesaid: And the said Committee or any three of them, are hereby authorized and enjoyned to enter into, possess, receive and dispose of the said Sequestrations and Compositions of the Estates Real and Personal, and the Profits thereof, and of every part thereof of the said person and persons, and to improve the same to the best advantage for the purposes aforesaid, until the sum of Ten thousand pounds, and every part thereof, together with the interest growing due for the same, be wholly paid and discharged as aforesaid: And lastly, The Lords and Commons do hereby Order and Ordain, and it is further Ordered and Ordained, That all Committees or other persons whatsoever, do take notice hereof, and yield Obedience hereunto, Any other Ordinance of Parliament whatsoever to the contrary in any wise notwithstanding.
Provided, That this Ordinance, nor anything therein contained, do not extend to the taking away of the Sequestration and Composition of the Real and Personal Estates of the said Duke of Buckingham, Sir Edward Bowyer, and John Bill, or any of them lying in the Counties of York and Surrey, from the Committee of those respective Counties, to whom they were formerly granted for the raising and maintaining of Forces in the said Counties respectively; nor to the Estate of the said William Stafford Esq. lying in the County of Northampton, or any part thereof, till the sum of Five hundred pounds be there out paid unto Col. Edmond Temple, formerly granted by Ordinance of Parliament unto him and in part executed by the said Committee of Haberdashers-hall, to whom the Houses of Parliament referred the care thereof.