Page:Life of Sir William Petty 1623 – 1687.djvu/348

 and England, on or before the 24 June next, £2000; moreover, by arrears due the 30 Aprill, 1685, out of all my estate by estimate and interest of money, £1800; by other good debts due upon bonds and bills at this time, per estimate, £900; by debts which I call bad, £4000, worth, perhaps, £800; by debts which I call doubtful, £50,000, worth, perhaps, 25 thousand pounds, in all, £34,612; and the totall of the whole personall estate, £46,412; so as my present income for the year 1685 may be £6700, the profits of the personall estate may be £4641, and the demonstrable improvement of my Irish estate may be £3659 per ann., to make in all fifteen thousand pounds per ann., in and by all manner of effects abating for bad debts, about £28,000. Whereupon I say in gross, that my reall estate or income may be £6500 per ann., my personall estate about £45,000, my bad and desparate debts, 30 thousand pounds, and the improvements may be £4000 per ann., in all £15,000 per ann., ut supra. Now, my opinion and desire is (if I could effect it, and if I wear cleare from the law custom and all other impediments), to add to my wives joynture ¾ of what itt now is computed att, vizt— £637 per ann., to make the whole £1587 per ann., which addition of £637 and £850 being deducted out of the aforementioned £6700, leaves £5113 for my two sons, whereof I would my eldest son should have ⅔, or £3408, and the younger £1705; and that after their mother's death, the aforesaid addition of £637 should be added in like proportion, making for the eldest £3832, and for the youngest £1916; and I would that the improvement of the estate should be equally divided between my two sons, and that the personall estate (first taking out ten thousand pounds for my only daughter,) that the rest should be equally divided between my wife and three children, by which method my wife would have £1587 per ann., and £9000 in personall effects; my daughter would have ten thousand pounds of the crame, and £9000 more with less certainty; my eldest son would have £3800 per ann., and half the expected improvements, with £9000 in hopefull effects, over and above his wifes portion; and my youngest son would have the same within £1900 per ann. I would advise my wife in this case to spend her whole £1587 per ann., that is to say, in her own entertainment, charity, and munificence, without care of increasing her children's fortunes; and I would she should give away ⅓ of the above-mentioned £9000 att her death, even from her children, upon any worthy object, and dispose of the other ⅔ to such of her children and grand children as pleased her best, without regard to any other rule or proportion. In case of either of my 3 childrens death under age, I advise as followeth, vizt—if my eldest, Charles, dye without issue, I would that Henry