Baronet
On 22 May 1611 King James I set up the present hereditary Order of Baronets in   England. He made 200 gentlemen of good birth baronets.  He did this partly to reward those people with more than a knighthood, without making them as important as a Baron.  The other reason was that the king needed money to keep soldiers in Ireland.  Each of the new baronets had to pay £1095, which was the cost of keeping thirty soldiers for   three years.