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Some time ago I recalled the band of Hammertowne and some of their songs. Now I return to this topic having a question about their name. That "e" on the word's end seems quite odd for me. If we take some other names, like IIIrd Tyme Out, we can also see some phonetical deviations, but in this case the replacement of "i" with "y" can be explained with the similarity of the sound. And looking at Hammertowne (or the other example of Grasstowne) I fail to find any explanation to the usage of this additional "e". It doesn't seem to have any particular phonetic function.
Thanks in advance for your explanations!
P.S. please forgive my awkward wording - being a non-native has its impact :)