Counties of Ireland were later subdivided into smaller "liberties", which appear to have enjoyed the same privileges as their predecessors. The division of Leinster and Munster into smaller counties is commonly attributed to King John, mostly due to lack of prior documentary evidence, which has been destroyed. However, they may have had an earlier origin. These counties were: in Leinster: Carlow (also known as Catherlogh), Dublin, Kildare, Kilkenny, Louth (also known as Uriel), Meath, Wexford, Waterford; in Munster: Cork, Limerick, Kerry and Tipperary. It is thought that these counties did not have the administrative purpose later attached to them until late in the
Hollow Sword Blade Company stock trading and other financial transactions took place in London.) The objective of the partnership was to break into the business monopolised by the Bank of England, which was handling and providing loans for the government. In 1703 the company purchased some of the Irish estates forfeited under the Williamite settlement in counties Mayo, Sligo, Galway, and Roscommon. They also bought the forfeited estates of the Earl of Clancarty (McCarthy) in counties Cork and Kerry and of Sir Patrick Trant in counties Kerry, Limerick, Kildare, Dublin, King and Queen's counties (Offaly and Laois). Further lands in counties Limerick, Tipperary, Cork