May 1643
[6 May, 1643.]
Whereas upon a motion made by a Committee of Lords and
Commons, in the name of both Houses of Parliament, for the
sum of threescore thousand pounds to bee advanced by the
Citizens of London, for supply of the necessities of the Army,
the Lord Major, Aldermen, and divers of the Commons of the
said City by vertue of an Ordinance of the 28. of February last
did advance 23000li. or thereabouts, which by another Ordinance
of the 5 of Aprill was to be repaid together with 40000li. more,
or thereabouts, lent and advanced by the Lord Major and
Aldermen alone: with consideration for the forbearance thereof,
after the rate of 8. per centum per annum for the same, out of
the first moneys to be raised by the weekly Assessement, in the
City of London and Liberties thereof.
And whereas the said Lord Major, Aldermen, and Commons,
are contented that the first three and twenty thousand pounds
that shall bee repaid out of the weekly Assessements shall bee
set apart to bee forthwith sent to the Army, to supply the present
pressing necessities thereof, and to bee repaid the same after the
said 40000li. with the forbearance thereof as aforesaid is fully
satisfied: And whereas the Commons of London, in CommonCouncell assembled, have undertaken to doe their utmost
endeavour to advance and lend 17000li. to bee forthwith also
sent unto the Army, to bee repaid with the 23000.li. as aforesaid.
23000 li., lent by Lord Mayor and others, to be repaid out of Weekly Assessment, after payment of 40000l. previously lent by Lord Mayor and Aldermen.
All which advance of moneys, is understood and taken to bee
a very acceptable service, and tends very much to the preservation of Religion, Laws and Liberties, and the safety of the
Parliament, City, and Kingdom. It is therefore Ordained and
Declared by the Lords and Commons assembled in Parliament,
that as well the said 23000li. as also such other moneys as
shall bee advanced as aforesaid, shall be repaid with consideration
for the forbearance thereof, after the rate as aforesaid, out of the
first moneys to be raised upon the weekly Assessement, to bee
collected in London and Liberties, after the 40000.li. sent and
advanced by the Lord Major and Aldermen is fully satisfied as
aforesaid, and out of the first money collected, or to be collected
out of the weekly Assessements, in the City of Westminster, the
Borough of Southwark, the severall Parishes in the weekly Bills,
and in the rest of the County of Middlesex, as also in the
Counties of Hertford, Essex and Suffolk, as also out of the first
moneys that shall bee raised out of the Assessements-of such
persons throughout the Kingdom (not above the twentyeth part
of their estate, or the fifth part of their Annuall revenue) as
have not contributed upon the Propositions of both Houses, or
not proportionably to their Estates, according to an Ordinance
of the of May: And for their further security and
encouragement, it is likewise Ordained by the Lords and
Commons aforesaid, that as well Sir Gilbert Gerrard Baronet,
Treasurer of the Army, as also Sir Iohn Woollaston Knight,
Iohn Warner, Iohn Towes, and Thomas Andrewes, Aldermen of the
Citie of London, appointed Treasurers for the receipt of the said
moneys respectively, shall repay the said severall sums as
aforesaid, and shall not issue the said monies to any other
purpose whatsoever, untill the same shall bee fully satisfied as
aforesaid. And it is further Ordained, that such sums of money
as were advanced and not repaid; according to an Ordinance of
the 29. of November last, shall be repaid out of such monies as
are or shall bee raised by vertue of severall Ordinances passed in
and about the said November, for Assessing of such persons
within the Citie of London and Liberties thereof (not above the
20. part of their estates) as have not contributed upon the
Propositions of both Houses, or not proportionably to their
estates, as also out of such monies as shall bee raised by vertue
of the aforesaid Ordinance of the of May aforesaid.