Annual Report of the American Historical Association (Volume 1899, No. 2) - Livres de poche

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: [Bodleian Library, Fol. 666, fol. 19.] 2. THE CASE OF WILLIAM PENN, ESQ.; PROPRIETARY-GOVERNOR OF PENNSYLVANIA, AND OF JOSHUA GEE, HENRY GOULDNEY, SILVANUS GROVE, JOHN WOODS, AND OTHERS, MORTGAGEES UNDER THE SAID WILLIAM PENN. His late Majesty King Charles II. in 1680, by Letters Patent in Consideration of the Services of Sir William Penn, Kt., Deceased, Father of the said William Penn, and then late Vice- Admiral of his said Majesty's Fleet) Granted to the said William Penn, his Heirs and Assigns, the Province of Pensilvania and the Government thereof. The late King James, when Duke of York, in 1682, Granted to the said William Penn, his Heirs and Assigns, the Town and Tract of Newcastle, and the Two lower Counties upon the River Delaware, with the Government thereof, as the same had been granted to him the said Duke. The said William Penn, (having purchased of the Indians their Title) by his Industry and great charge, improv'd those Countries, and established considerable Colonies in them: And by this means very much impaired his Estate in Europe; and in the Year 1708, to clear a Debt which he contracted for the Settling and Improving the said Colonies, borrowed of the said Mortgagees 6600Z. For the Securing whereof, with Interest, he mortgaged the said Countries and all his Powers of Government to them: And the Principal Money, and some Interest, is still unpaid. Both King William and the late Queen Anne, having a Desire to get all Proprietary-Governments into their own Hands, the respective Ministers of those Princes often treated with the said William Penn for the Purchase of his Governments: But he demanding first more, and afterwards 20,0001. Her late Majesty was pleased to refer the same to the Lords Commissioners for Trade and Plantations, who made thei...