Penzance, the most western market town in Cornwall, is one of the most flourishing. It appears to have been in former times no more than a small village, occupying the promontory now distinguished as the Quay, where stood a chapel, dedicated to St. Anthony, the Patron of fishermen, which in all probability gave it the name of Pen-sance, or the holy head (land), and it seems further probable that the new church or chapel yard may have been an ancient fortress for the protection of the place. Houses however gradually extended beyond this narrow limit; and the place had acquired some magnitude, when, in the year 1595, on the 23d of July, a predatory squadron of ships from Spain, stood into the bay, and landing about two hundred men, destroyed Mousehole, burnt Paul Church, and did much injury to Penzance; see Carew, Lord Dunstanville’s edition, p. 381. But, as appears from history to be very usual in such cases, the town arose with increased splendour from its ashes, and a charter of incorporation having been soon after, in 1614, granted by King James the First, measures were taken by this new body of trustees for insuring the increase and prosperity of the district committed to their charge. The most material of these were purchasing the seignorage of the harbour, and of the market, and of fairs, which according to the rude policy of former times had been vested in private persons, for individual benefit; the first of whom was Alice de Lisle, lady of the manor of Alverton, about the year 1332.