June 1645: An Ordinance for the present raising of the sum of One and thirty thousand pounds, according to the Ordinance of both Houses bearing date the 20. of February, 1644…

June, 1645

[20 June, 1645.]

Persons lending money towards sum mentioned to be repaid with interest out of first Receipts on Ord. of 20 Feb. 1644/5.; Persons to be repaid in order as they lend.

Whereas by the Ordinance of the Lords and Commons in Parliament of the twentieth of February, 1644. Twenty one thousand pounds Monethly, for four Moneths, beginning the first of March, 1644. is to be Charged, Taxed, Raised and Leavyed upon divers and several Counties, Cities, Towns, Liberties and Places therein mentioned, according to the Rates, Proportions and Distributions in the said Ordinance expressed, the same to have been paid in monethly to Mr. Richard Waring and Michael Herring, Treasurers at Goldsmiths Hall for the Scotish affairs. And although the said Ordinance have been so long sithence passed, yet hath it not produced that effect, as that any considerable sum of Money hath been thereupon brought into the said Treasury for supply of that Army, which being now upon their march Southward, for want thereof must be driven unto great wants and streights, and will occasion many disorders and other inconveniences, if some present supplies shall not be sent. And whereas the borrowing of this Thirty one thousand pounds for the present, have been by the Parliament especially recommended to the Lord Mayor, Aldermen and Commons of the City of London in Common-Councel assembled, for to advance this Money before hand, and to be reimbursed thereof again, with interest at eight pounds per cent. for such time as the Money shall be forborn, out of the first Moneys that shall come in upon the said Ordinance; to which purpose the Lord Mayor, Aldermen and Commons of the City of London have promised and engaged themselves to give their best assistance and furtherance to the promoting and effecting of the said business; It is therefore now Ordered and Ordained by the Lords and Commons in Parliament, That whatsoever person or persons that shall out of their good affections to the Service, advance the said One and thirty thousand pounds, or any part thereof, shall be respectively satisfied each one for such part thereof as he shall lend and disburse, with interest at eight pounds per cent. for the time it shall be forborn, to be repaid to them, their Executors, Administrators or Assigns, out of the first Receipts of Moneys that shall come into the said Treasury at Goldsmiths Hall aforesaid, upon the said Ordinance of the twentieth of February, 1644. aforesaid; and the Acquittances of the said Treasurers at Goldsmiths Hal aforesaid for Receipt of the said Moneys, shall be sufficient for such persons respectively to demand the same again with interest as aforesaid, for the time it shall be forborn: And it is further Ordered, That every person so lending, shall be reimburst again his Money lent in order of time, as he and they do now pay the same into the Treasury: And the said Treasurers are hereby authorized, enjoyned and required from time to time to make repayment thereof again, with interest as aforesaid accordingly: For which this shall enable them so to do; And whereof they shall be discharged upon Accompt.