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Updated: May 25, 2025
He drew out another drawer "A' gowd, Jeanie, and there's bands for siller lent And the rental book, Jeanie clear three hunder sterling deil a wadset, heritable band, or burden Ye haena lookit at them, woman And then my mother's wardrobe, and my grandmother's forby silk gowns wad stand on their ends, their pearline-lace as fine as spiders' webs, and rings and ear-rings to the boot of a' that they are a' in the chamber of deas Oh, Jeanie, gang up the stair and look at them!"
"Alas! an it please your Majesty," said the goldsmith, shaking his head, "it is the poor young nobleman's extreme necessity, and not his will, that makes him importunate; for he must have money, and that briefly, to discharge a debt due to Peregrine Peterson, Conservator of the Privileges at Campvere, or his haill hereditary barony and estate of Glenvarloch will be evicted in virtue of an unredeemed wadset."
Scottish lords living at the English Court have seldom command of money; yet, unless a sum can be presently raised on this warrant, matters standing as you hastily hinted to me, the mortgage, wadset, or whatever it is called, will be foreclosed."
For the suppressing and preventing of which for the time to come, his majesty, with advice and consent of his estates of parliament, hath thought fit to statute and enact, likeas they do hereby statute and command, that no outed ministers who are not licensed by the council, and no other persons not authorized, or tolerate by the bishop of the diocese, presume to preach, expound scripture, or pray in any meeting, except in their own houses, and to those of their own family; and that none be present at any meeting, without the family to which they belong, where any not licensed, authorized, nor tolerate as said is, shall preach, expound scripture, or pray: declaring hereby, all such who shall do in the contrary, to be guilty of keeping of conventicles; and that he, or they, who shall so preach, expound, or pray, within any house, shall be seized upon and imprisoned, till they find caution, under the pain of five thousand merks, not to do the like thereafter, or else enact themselves to remove out of the kingdom, and never return without his majesty's license; and that every person who shall be found to have been present at any such meetings, shall be toties quoties, fined according to their qualities, in the respective sums following, and imprisoned until they pay their fines, and further, during the council's pleasure, viz., each man or woman, having land in heritage, life-rent, or proper wadset, to be lined in a fourth part of his or her valued yearly rent; each tenant labouring land, in twenty-five pounds Scots; each cottar, in twelve pounds Scots, and each serving man, in a fourth part of his yearly fee: and where merchants or tradesmen do not belong to, or reside within burghs royal, that each merchant or chief tradesman be fined as a tenant, and each inferior tradesman as a cottar: and if any of the persons above-mentioned shall have their wives, or any of their children living in family with them, present at any such meeting, they are therefore to be fined in the half of the respective fines aforesaid, consideration being had to their several qualities and conditions.
At length, after several preliminary hems, and much tautological expression of his devotion to his honour's service, by night or day, living or dead, he began to insinuate, 'that the banks had removed a' their ready cash into the Castle; that, nae doubt, Sandie Goldie, the silversmith, would do mickle for his honour; but there was little time to get the wadset made out; and, doubtless, if his honour Glennaquoich or Mr.
The estates of Glengyle were pledged, or, as it is called in Scotland, "under a contract of wadset." The creditor was a man of influence and fortune; but, like most other Scottish proprietors who were enabled to take advantage of the wadset rights, he was grasping and merciless.
"Simply this," resumed the citizen; "that the lender of this money will transact with the holder of the mortgage, or wadset, over the estate of Glenvarloch, and obtain from him such a conveyance to his right as shall leave the lands pledged for the debt, in case the warrant upon the Scottish Exchequer should prove unproductive.
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