The newborn princess of Britain has been named Charlotte Elizabeth Diana, this is seen as a tribute to Prince Williams Parents and his grandmother. The princess is the second child of William and his wife Kate, the Duchess of Cambridge. The baby will be known as Her Royal Highness Princess Charlotte of Cambridge, royal officials said Monday. Charlotte is known in Britain as the feminine form of Charles, which is the name of her grandfather.

The princess is fourth in line to the throne after Charles, William and her older brother Prince George. William and Kate introduced the newborn princess to the public on Saturday just 12 hours after Kate checked into a London hospital to give birth. The baby weighed in at 8 pounds, 3 ounces (3.7 kilograms).

Earlier Monday, Westminster Abbey’s bells showed and gun salutes were fired across London in honor of the newborn princess. In a display of traditional pageantry, dozens of volleys were fired from Hyde Park and the Tower of London to mark the occasion. “Charlotte was the hot tip over the weekend,” Ladbrokes spokeswoman Jessica Bridge said. “We may have lost a fortune, but we’re paying out with a smile and wish the duke and duchess all the best.”

In Britain they have their fair share of Royals who have been named Charlotte. Queen Charlotte, the wife of George III, was a keen botanist and founded London’s Kew Gardens. Born in 1744, the queen had 15 children. George IV also named his only child Charlotte in 1796, but she died in childbirth at the age of 21 in 1817, leading to a mass outpouring of grief in Britain.