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William and Mary were on the throne in July 1694 when the Bank of England was founded (by Scotsman William Paterson). Mary died in December of that year.
English Bill of Rights
William and Mary were offered the throne of England to rule as part of a constitutional monarchy. During William and Mary's reign, parliament had more power whereas before the Glorious Revolution the monarch had the most power.
The Glorious Revolution overthrew King James II and brought King William III to the throne of England. James II
probably when Queen Elizabeth dies it will either be Prince Charles or Prince William on the throne.
They signed "The English Bill of Rights"
During the glorious revolution
Parliament (both Whigs and Tories) and King James II of England
Britain became the first parliamentary monarchy (or constitutional monarchy).
Mary I of Scotland (Mary, Queen of Scots) came to the throne on 14 Dec 1542. Mary I of England (Bloody Mary) came to the throne on 19 July 1553.
William and Mary were invited to England to help overthrow the King James II. They accepted because they were both protestant and the people of England wanted a protestant monarch rather than the Catholic monarch they would have if James II's son and Mary's younger brother grew up and took the throne. William and Mary also wanted to rule England as protestant monarchs.
assless chaps