monogram of 'W' (William) superimposed on' M' (Mary) 
DIEV ET MON DROIT  
HONI SOIT QUI MAL Y PENSE   royal blazon or coat of arms  
A PROCLAMATION, For Rouping the Inland Excise of this Kingdom.  
THE Lords Commissioners of Their Majesty's Thesaury, and the Lords and others Their Majesty's Commissioners of Exchequer, Taking to their Consideration, that it is expedient, for the good and advantage of Their Majesty's Service and Government, That the Inland Excise of this Kingdom, due and payable to Their Majesties, from all Malt, Aquavitie and Strong-Waters, Browen and Sold, from, and after the last day of October ensuing, (the former Tacks thereof then expiring) be put to Farm by Roup; And that intimation thereof be made, to such of Their Majesty's lieges, who are willing to take a Lease and Farm of the same; To the end they may, for that effect, attend the said's Lords Commissioners of Their Majesty's Thesaury and Exchequer, in the usual place of their Meeting; And there make offer for a Farm of the said Excise, of the whole Shires and burgh's of this Kingdom, together, or separately, and pay such Sums of Money therefore, of yearly Tack-Duty, as shall be agreed upon. Have therefore Resolved, That a Public Roup be made thereof, upon Friday the sixth day of November next to come: And for publication of the Premises, Ordains the Macers of Exchequer, and Messengers at Arms, to make open Proclamation hereof, at the Mercat-Cross of Edinburgh, and at the Mercat-Crosses of the whole Head-Burghs of the respective Shires of this Kingdom, and other places needful. And that these Presents be Printed.  
Given at Edinburgh, the twenty fourth day of July, One thousand six hundred and ninety one years, And of Their Majesties Reign the third year. Extractum de libris Scaccarii per me, THO: MONCREIF, Cls. Scaccarii. 
 GOD save King William and Queen Mary.   

Edinburgh, Printed by the Heir of Andrew Anderson Printer to Their most Excellent Majesties, Anno Dom. 1691.