In a petition to James I. it was said that the erection of a town at Smithick would tend to the impoverishment of the ancient coinage towns and market towns aforenamed, and therefore humbly prayed that Killigrew might be restrained in his undertaking. The king thereupon stopped the builders, and ordered his privy councillors to get information from the Governor of Pendennis Castle relative to the projected town. The latter replied that the project was excellent, as such a place, being at the mouth of the Fal Harbour, could at once and readily supply such ships as put in there, instead of forcing them to go up two miles to Penryn or nine to Truro. The king then resolved on erecting a town at Smithick, and Sir John Killigrew was encouraged to proceed. During the protectorship of Cromwell, although the Killigrews had been staunch Royalists, yet Sir Peter succeeded in having the custom-house removed from Penryn to Smithick, and in 1652 in getting the place elevated to the position of market town. Smithick continued to be the name until August 20th, 1660, when, in consequence of an application from Sir Peter Killigrew, a proclamation was issued by Charles II. ordering “that Smithike, _alias_ Penny-come-quick, should for ever after that day be called, named, and known by the name of Falmouth.” In the following year a charter of incorporation was granted, and thenceforth the story of Falmouth is one of incessant quarrels between the corporation and the Killigrews, the former intent on jobbing for their private advantage, whereas the Killigrews were ambitious in every way to benefit and enlarge the town. The old mansion of Arwenack has almost disappeared--it has given its name to a street--and the Killigrews have also vanished. The last was killed in a tavern brawl at Penryn in 1687, and through females the property has passed to Erisey, to West, to Berkeley, and to Wodehouse, and is now owned by Lord Kimberley.