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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A29549 Proposals for raising money for the National Land-Bank Briscoe, John, fl. 1695. 1695 (1695) Wing B4753; ESTC R8972 1,651 1

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PROPOSALS for raising Money for the NATIONAL LAND-BANK I Have been very often earnestly importuned by divers Persons to permit them to subscribe a Sum of Money to the National Land-Bank in lieu of Land which I did not then think proper or convenient to accept of But since the said Bank is designed for a General and extensive Good and several Persons still renewing their Solicitations to subscribe Money to the said Bank that none therefore may be excluded from taking part of the many Advantages that will arise thereby and in regard it may be a means to unite the Owners of Land and Money in point of Interest it is thought necessary to receive Subscriptions for a Million of Money on the following Terms and Conditions still reserving to my self what I have yet to offer for raising any farther Fund of Money or Credit that may be needful for the said Bank That any Persons may subscribe what Sum of Money they please in the present Subscription-Books until the Value of one Million in Money shall be subscribed That every fifteen hundred Pounds in Money that shall be subscribed shall be esteemed equal to two thousand Pounds in Land the same being the full Value for which such Land may be engaged and shall have an equal Vote in all Elections with one hundred Pounds per annum or two thousand Pounds worth of Land and in like proportion for a greater or less Sum. That the whole Million to be subscribed shall be paid in specie in manner as is herein after appointed That each Subscriber his Heirs Executors Administrators or Assigns shall pay to the Treasurer or Treasurers of the National Land-Bank to be hereafter chosen one tenth part of his or her said subscription-Subscription-Money on the 29th Day of September next or within ten Days after one other tenth part on the five and twentieth Day of December next or within ten Days after and the like tenth part on the five and twentieth Day of March th●n next following or within ten Days after and so to continue the like Paiments quarterly upon the four most usual Feast-days or Terms of the Year successively or within ten Days after each and every such Feast-day or Days of Paiment until all and every the said tenth Pa●ts shall be paid to the Treasurer or Treasurers of the Bank in manner aforesaid That all and every the Subscribers their Executors Administrators or Assigns shall receive from the Treasurer or Treasurers of the said Bank after the rate of 3 l. per cent per annum for all the Money they shall from time to time pay into the said Bank pursuant to their 〈…〉 part of the Profi●s or the Bank The said 3 l. per cent per annum to be paid them in two equal Paiments 〈◊〉 upon the 25th Day of March and 29th Day of September every Year That each and every Subscriber shall receive his or their Part or Propo●tion of the Profits of the Bank for the whole Sum by them subscribed the same to be comp●ted from the time they shall pay their first tenth Part or quarterly Paiment That if any Subscriber shall fail to pay his first tenth Part or quarterly Paiment upon the 29th Day of September next or within ten Days after such Subscriber's Subscription shall be void ☞ That the said Bank may be a safe Repository for the Money of all Widows and Orphans it is thought sit likewise to publish That all such Money of Widows or Orphans which shall not be subscribed towards the raising the aforesaid Sum of ten hundred thousand Pounds shall at any time upon Application first to be made to the Directors be received into the Bank who will pay them after the rate of 3 l. per cent per annum for interest and their Principal Money on Demand 7th August 1695. John Briscoe The Subscription-Books lie open at Thomas Gooding Sergeant at Law his Chambers in Grays-Inn At Philip Nev● Esq his Chambers the second Stair-case of the Paper-Buildings in the Inner-Temple At Lawrence Braddon Esq his Chambers Number 4. the second Stair-case in the New Square at Lincolns-Inn At the House of Robert West Esq the Corner of Buc 〈…〉 Humfry Hackshaw's in Lothbury near the Royal-Exchange At Mr. Nicholas Hayward Publick Notary in Threadneedle-street behind the Royal-Exchange at Mr. Samuel Briggs Scrivener in Guildhall-yard And from half an Hour past twelve to half an Hour past two every Day at Noon at Garraway's Jonathan's and Barbadoes Coffee-houses in Exchange-Alley At Batson's and Bridges Coffee-houses in Cornhill and at the Amsterdam-Coffee-house behind the Royal Exchange London London Printed by John Darby in St. Bartholomew-Close where is sold Mr. Briscoe's Book intituled A Discourse on the late Funds with Proposals for the Improvement of the Freehold-Estates and Encouragement of Trade Price 18 d.