The Jacobite Rebellions (1689-1746) (Bell's Scottish History Source Books.) - J. Pringle Thomson

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the oath of allegiance on the 6th of January, 1692, and Col. Hill's letter to Ardkinlas, and Ardkinlas's letter to Colin Campbell, Sheriff-Clerk, for clearing Glenco's diligence and innocence, were not presented to the Lords of his Majesty's Privy Council, when they were sent into Edinburgh, in the said month of January, and that those who advis'd the not presenting thereof were in the wrong, and seem to have had a malicious design against Glenco; … Secondly, that it appears to have been known at London, and particularly to the Master of Stair, in the month of January, 1692, that Glenco had taken the oath of allegiance, tho' after the day prefix'd; for he saith, in his letter of the 30th of January, to Sir Tho. Livingston, as is above remark'd, "I am glad that Glenco came not in within the time prescrib'd." Thirdly, that there was nothing in the King's instructions to warrant the committing of the foresaid slaughter, even as to the thing it self, and far less as to the manner of it, seeing all his instructions do plainly import, that the most obstinate of the rebels might be received into mercy upon taking the oath of allegiance, tho' the day was long before elaps'd, and that he ordered nothing concerning Glenco and his tribe, but that "if" they could "be well separated from the rest, it" would "be a proper indication of the publick justice to extirpate that sept of thieves"; which plainly intimates, that it was his Majesty's mind that they could not be separated from the rest of these rebels, unless they still refused his mercy by continuing in arms and refusing the allegiance, and that, even in that case, they were only to be proceeded against in the way of publick justice, and no other way.

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      [4] Of allegiance to King William.

      [5] The Master of Stair.

      [6] Probably fear.

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      Source.—The Acts of the Parliaments of Scotland, vol. ix., p. 495. (London: 1822.)

      Act for Erecting a Publick Bank.

      Our Sovereign Lord considering how useful a Publick Bank may be in this Kingdom according to the custom of other kingdoms and states, and that the same can only be best set up and managed by persons in company with a Joynt Stock, sufficiently endowed with these powers and authorities and liberties necessary and usual in such cases, Hath therefore allowed, and with the advice and consent of the Estates of Parliament allows, a joynt stock amounting to the sum of twelve hundred thousand pounds money to be raised by the Company hereby established for the carrying on and managing of a publick bank. And further statutes and ordains, with advice foresaid, that the persons under-named … shall have power to appoint a Book for subscriptions of persons, either natives or foreigners, who shall be willing to subscribe and pay into the joynt stock, Which subscriptions the foresaids persons or their quorum are hereby authorized to receive in the foresaid book, which shall lie open every tuesday or friday from nine to twelve in the forenoon, and from three to six in the afternoon betwixt the first day of November next and the first day of January next following, in the publick hall or chamber to be appointed in the City of Edinburgh. And therein all persons shall have liberty to subscribe for such sums of money as they shall think fit to adventure in the said joynt stock, one thousand pound Scots being the lowest sum, and twenty thousand pound Scots the highest. And the two third parts of the saids stocks belonging always to persons residing in Scotland. Likeas, each and every person at the time of his subscribing shall pay into the hands of the fore-named persons, or any three of them, ten of the hundred of the sums set down in their respective subscriptions towards the carrying on the Bank. And all and every the persons subscribing and paying into the said stock, as aforsaid, shall be and are hereby declared to be one Body Corporat and Politique, by the name of the Governour and Company of the Bank of Scotland, under which name they shall have perpetual succession, and shall have a Common Seal. …

      And it is farder hereby statute and ordained that it shall be lawful for the said Governour and Company to lend, upon real or personal security, any sum or sums, and to receive annual rent for the same at six per cent., as shall be ordinary for the time. As also, that if the person borrowing as said is, shall not make payment at the time agreed upon with the Company, then it shall be lawful for the Governour and Company to sell and dispose of the security or pledge by a public roup, for the most that can be got for payment to them of the principal annual rents and reasonable charges, and returning the over-plus to the person who gave the said security or pledge. …

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      [9] Lawful.

      [10] Only.

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      Source.—Bishop Burnet's History of His Own Times, vol. iv., p. 282. (Oxford: 1833.)

      There was one Paterson, a man of no education, but of great notions; which, as was generally said, he had learned from the Buccaneers, with

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