History
As there were no standing armies (except the military orders), military service was rendered ad hoc as an obligation of a vassal, either in person and/or with a contingent raised by one's own means. This social role was crucial: a suzerain, or feudal overlord, was dependent upon his vassals to mobilize on his behalf in case of war. The only alternative was to replace knighthood as the core of military forces with mercenaries, as under a condottiere, but those often proved highly unreliable and expensive, as well as being known for changing sides for greater profit, or simply deserting and looting for themselves.
In feudalism, the rank was given to those nobles who had the right to lead their vassals into battle under their own banner. Ultimately bannerets obtained a place in the feudal hierarchy between barons and knights bachelor, which has given rise to the idea that they are the origin of King James I's order of the baronet. John Selden, indeed, points out that the "old stories" often have baronetti for bannereti, and he points out that in France the title had become hereditary; but Selden is careful to say that "banneret hath no relation to this later title ". The title of knight banneret, with the right to display the private banner, came to be granted for distinguished service in the field. No knight banneret, says Selden, of the English custom:
can be created but in the field, and that, when either the king is present, or at least his royal standard is displayed. But the creation is almost the self-same with that in the old French ceremonies by the solemn delivery of a banner charged with the arms of him that is to be created, and the cutting of the end of the pennon or streamer to make it a square or into the shape of a banner in case that he which is to be created had in the field his arms on a streamer before the creation.The creation of bannerets is traceable, according to Selden, to the time of Edward I. "Under these bannerets, diverse knights bachelor and esquires usually served; and according to the number of them, the bannerets received wages". The last authentic instance of the creation of knights banneret was by King Charles I to several men at the Battle of Edgehill including Thomas Strickland of Sizergh for gallantry, and John Smith for rescuing the royal standard from the enemy.
King George II revived the order when he created sixteen knights bannerets on the field of the Battle of Dettingen in 1743: the Dukes of Cumberland and Marlborough; the Earls of Stair, Dunmore, Crawford, Rothes and Albemarle; and Generals Honywood, Hawley, Cope, Ligonier, Campbell, Bland, Onslow, Pulteney and Huske.
Read more about this topic: Knight Banneret
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