MERCHANT TAYLORS' COMPANY. Mr. Hare's Report.
TO THE CHARITY COMMISSIONERS FOR
ENGLAND AND WALES.
In pursuance of a Minute of the Board of the 7th day
of November 1862, I have inquired into the condition
and circumstances of the following Charities under the
management of the Merchant Taylors' Company of the
City of London, and I have stated in the Report under
the head of each specific Endowment the result of my
The Merchant Taylors Company under the style of
"The Master and Wardens of the Merchant Taylors of
the Fraternity of St. John the Baptist, in the City of
London," consists of—
The Master and four Wardens and Court of Assistants.
The freedom of the Company is obtained by patrimony, redemption, and servitude. The number of
freemen is not known, but they are supposed to diminish
Judith Alston in 1687 gave to the Company 300l. to
|To the vicar of St. Giles', Cripplegate,
for the use of the poor||5||0||0|
|To the vicar of St. Andrew, Holborn||5||0||0|
|To the vicar of St. Mary, Whitechapel||5||0||0|
The bonds stated by the Commissioners of Inquiry
to have been given for these sums are probably not in
existence, and if they were, would not, I apprehend, be
available by the successive incumbents. No special
investment exists in respect of the donation, but it
forms a charge on the corporate funds.
The three sums of 5l. per annum are paid to the
three incumbents upon their several receipts.
Dr. John Andrew's Exhibition.
Dr. John Andrew, by his will of the 15th May, 1747,
directed all his stock in the Bank of England to be sold
out and invested in the purchase of a freehold estate,
and that the rents (after the payment of certain life
estates) should be paid to Trinity Hall, Cambridge.
And he directed that four new scholarships from the
Merchant Taylors' School should be founded, each to receive 5l. quarterly, and that the remainder of the rents
should be invested in Government securities until there
should be raised 20,000l. to be laid out in additional
buildings to the said college; and after such 20,000l.
should be raised, he directed that four new civil law
fellowships should be erected and added to their
And the testator gave to his brother William 1,050l.
for the support of his son John for life, and after his
decease to the said college.
And he gave to his brother's son William the dividends of 500l. Bank Stock for life, the said stock to be
transferred to the said college.
The arrangements for carrying out this bequest between the representatives of the testator and the Merchant Taylors' Company were made under a decree of
the Court of Chancery of the 21st June, 1802 which is
set forth in the Report of the Commissioners of Inquiry
(vol. 17, page 453). The sum agreed to be accepted by
the Company in satisfaction of the bequest was accumulated to the sum of 10,140l. Consols at the time of the
last enquiry, and at the end of 1861 the amount of the
capital applicable to this charity was 13,446l. 16s. Consols, producing an annual dividend of 403l. 8s. 2d.
There are six exhibitioners of 60l. each at St. John's
College, Oxford. They are chosen from the Merchant
Taylors' School according to rule set forth in the
indenture of the 6th February 1801, which provided
that the money should be paid to the Company for
establishing six scholarships or exhibitions so soon as the
funds and accumulating interest would admit thereof
at 50l. per annum each, to be elected from the said
school, and taken out of the bench or table thereof from
among such as had been four years at least scholars in
the said school, or from such other persons as had been
at the bench or table and in the school four years, but
had left the said school, not under 16 nor above 20 years
of age at the time of election, who were to continue
12 years and not longer, and to be accounted civil law
scholars or civil law exhibitioners, with such other provision respecting their residence and accommodation
and studies at college as therein mentioned.
The following were the proposals agreed to between
the Company and the President and Scholars of St.
John's College, Oxford, which received the sanction of
the Court of Chancery.
That the sum of 2,610l. cash, with interest at 5 per
cent., and 2,666l. 13s. 4d. Consols, to be allotted out of
the funds in the name of the accountant-general in trust
in the cause to remain in the name of the accountantgeneral, and the dividends to be paid to the Company
for establishing six scholarships of the said College, as
soon as the said funds and accumulating interest will
admit, and that such number of the said six scholarships
be in the meantime established at 50l. per annum each,
as the Company should think proper.
Such scholars to be elected at the Feast of St.
Barnabas by the said Company, with the assent of the
President or Vice-President and two senior Fellows of
the said College, in the chapel of the grammar school
of the said Company, immediately after the election is
had and made of the scholars directed by Sir Thomas
White, Knight, deceased, formerly one of the assistants
of the said fraternity, to be elected from the said Merchant Taylors' School and admitted into the said College,
and such scholars to be taken out of the bench or table
of the said school who have been scholars of the said
school four years at least, or from such other persons
who have been at the bench or table and in the school
for four years, but have left the said school, not under 16
or above 20 years of age at the time of election, and to
continue 12 years and not longer, and to be accounted
civil law exhibitioners.
To remain unmarried and to reside at the College for
the same time in every year as the commoners of the
said College are required to reside, and to proceed regularly to their law degrees, and that after the first four
years, during the remainder of the term for which they
hold their scholarships, they shall reside at least 30 days
in every year.
The scholars to be provided with residence within the
College for the first four years, they paying for their
rooms the same rent which the commoners do, and to
observe all the rules of the College; and the scholarships to become vacant in case of any scholar entering
into holy orders, marrying, or entering into any employment incompatible with the practice of the civil law, or
by resignation of such scholar or expulsion by the College, or by quitting the said College, or on any other
account; on a vacancy to a scholarship the College to
certify the vacancy to the said Master and Wardens.
In case of a vacancy of a scholar not exceeding six
months, the pension to go to the immediate succeeding
scholar, and if longer than six months to constitute a
part of the accumulated fund.
These rules have not undergone any change, but the
stipends have been increased to 60l. each.
After paying the amount of these scholarships to the
holders annually, or so far as they are full, the surplus
income is added to the capital from which, according to
the present disposition of the Company, it is intended
to increase the annual stipends, as the fund may hereafter admit.
They are at present full, and on the occasion of a
vacancy the election is made in June.
There is not an election annually.
It appears by the following table that during the 10
years there has been on an average less than two
Exhibitions founded by Dr. John Andrew.
By an Order of the Board, dated 10th December 1875,
it was provided by way of scheme that the annual value
of each of these exhibitions which should thenceforth
be five in number, should be raised to the sum of 86l.,
and that the same should be tenable for not more than
five years, and that the Company should have power
from time to time, subject to the approval of the Board,
to frame rules and regulations for the election and
examination of candidates for such exhibitions or
The following regulations were sanctioned by an
Order of the Board, dated 19th May 1876, namely—
1. The election of candidates for the said exhibitions
or scholarships, which are henceforth to be five in
number, of the value of 86l. a year each, and tenable
for a period of not more than five years, shall be made
by the Master, Wardens, and Court of Assistants of
the Merchant Taylors' Company, and the President or
Vice-President, and two Fellows of St John's College,
Oxford, or such of them as shall be present at and take
part in the election on St. Barnabas' Day at Merchant
Taylors' School, immediately after the election of Sir
Thomas White's scholars.
2. At the date of election, candidates must be in the
head form of the Merchant Taylors' School, and not
under 16 or above 20 years of age, and must have been
in the school at least four years.
3. Candidates shall be examined by examiners
appointed for the purpose by the said Master and
Wardens; and in order to be eligible for election must
satisfy the examiners that they have attained such a
knowledge of classics and mathematics as would enable
them to pass the responsions examination in their first
term at Oxford, and the election shall be made from
the candidates who satisfy that test according to their
proficiency in history and modern languages, except
that, in any case in which there shall be no duly
qualified candidate whose proficiency in history and
modern languages is considered to entitle him to
election, a candidate may be elected for proficiency in
any branch of study.
4. The exhibitions are to be paid half-yearly at
Christmas and Midsummer, and each exhibitioner will
be required to become and remain a member of St.
John's College, Oxford, and must, during the first four
years after he shall have proceeded to the University,
or until he shall have taken some degree in the University, produce before any half-yearly payment on
account of the exhibition is made, a certificate from the
President or Vice-President of that College of his
residence, good conduct, and satisfactory progress,
down to the end of the academical term next preceding
the time fixed for such payment.
5. The exhibitions will be tenable for five years from
the date of election, but any exhibition will be rendered
vacant by the resignation or expulsion from the College
of the exhibitioner, or by the exhibitioner's name being
taken off the books of the College, or by his ceasing to
reside during an entire academical year without good
cause to be allowed by the President or Vice-President
of the College, and any exhibition may be declared
vacated by the Master and Wardens, if the exhibitioner
shall fail to produce such certificate from the President
or Vice-President of the College as is required by the
last regulation, or in such case the Master and Wardens
may hold the exhibitioner disentitled to any halfyearly payments of the exhibition without depriving
him of the exhibition altogether.
6. Pending the establishment of a regular recurring
vacancy in each year, the Master and Wardens reserve
to themselves the power of suspending the election to
any exhibition over and above one in each year.
7. The Master and Wardens reserve to themselves the
power to add to the corpus of the exhibition fund any
unapplied income that may arise, under the last preceding regulation or otherwise, from any exhibitions
which during any period cease to be payable wholly or
in part, and to increase the value of the exhibitions
hereafter at their discretion out of the improved income.
Reynold Barker, by deed of the 21st September 1608,
granted to the Company certain lands at Bow, Essex,
to bestow the rents amongst the poor almsmen and almswomen in the Company's almshouses.
The estate of this Charity consists of about one acre
and two roods of landon the parish of Stratford-le-Bow,
bounded by the high road from London to Stratford on
the south, and property belonging to the Corporation of
London to the N.N.W. and N.E., and intersected by the
It is at present let in two portions:—
|1.—The houses (being a public house
and cottages) situated on the high
road, are demised by a lease of the
21st March 1858 to Messrs. Charrington, Head, and Co., Brewers,
for 21 years, from Lady Day 1858,
|2.—The remainder, consisting of the
land at the back abutting on the
river and dock, and on which warehouses and buildings have been
erected, are demised to Messrs.
Howards, Manufacturing Chemists, for 21 years, from Lady
The sum of 250l. a year is carried to the Almshouse
Account without any deduction.
Walter Bigg, by an indenture of the 6th June 1659,
assigned to the Company a messuage in St. Gilesin-the-Fields, Middlesex, for the remainder of a term of
1,000 years, in trust to bestow the rents thereof in
|To 4 poor men of the Company||10||0||0|
|To 10 poor persons of Wallingford,
|To the Free Grammar School at
The property is situated at the back of Great and
Little Denmark Street, Soho, in the parish of St. Giles,
and is let by lease of 11 July 1809 to Joseph Seger, for
a term of 61 years, from Midsummer 1806, at a rent
It appears to be entered from a court in Little
Denmark Street, through which there is an access into
Lloyd's Court. It is bounded on the east by Little
Denmark Street, on the north by the backs of the
houses in Great Denmark Street, on the south by
Lloyd's Court, and on the west by houses at the back
of Crown Street.
The distribution of the rent is made pro ratâ according
to the original gift of 30l. a year.
The sum thus appropriated to the poor of the Company amounts to 26l. 13s. 4d., which is given to four
pensioners, being free of the Company, in the sum of
6l. 13s. 4d. each.
The pensioners are not elected under 50 years of age,
and being once elected are continued as pensioners
unless removed for a good cause. The pensions may be
held with some other pension from other Charities.
The remaining two-thirds, amounting to 53l. 6s. 8d.,
is annually paid over to the treasurer of the Wallingford
Municipal Charities, and is suffered to be applied by
them, according to the terms of the foundation, amongst
the poor, and for the grammar school.
Charity of Walter Bigg.
This property, known as Nos. 3, 4, and 5, Little Denmark Street, St. Giles, is now (1882) let to Messrs.
Crosse and Blackwell, at the rent of 350l. a year.
In consequence of the increase of the annual income
available for the benefit of the poor freemen of the Company, by an order of the Board, dated 28th July 1874,
it was directed by way of scheme that the annual pensions payable to four poor freemen of the Company
should be increased from 6l. 13s. 4d. to 12l. each, and
that the residue of the income thereof, which should
remain after providing for the payment of such augmented pensions, should be applied in paying yearly
pensions of 10l. each, to be awarded under such reasonable regulations as might be prescribed by the Company
unto deserving poor freemen, or the widows or orphan
daughters of such freemen, all of whom should be called
Peter Blundell, by his will of the 9th June 1599, gave
to the Company 150l. to purchase lands, &c., out of
which 2l. was directed to be paid to the poor prisoners
in Newgate, London.
The rentcharge of 2l. is upon a house in Threadneedle
Street, and is paid annually to Mr. Temple at the Guildhall, for administration by the Corporation of London.
A full account of this endowment is set forth in my
report of the 2nd July 1862, made on the occasion of
the application of the Company for a new scheme in
consequence of the increased income of this Charity.
The estate is situated in the parish of Lee, and consists mainly of 22a. 3r. 26p. of land, bounded partly by
the road from London to Eltham (through Lewisham)
and partly by the Church Lane, which separates it from
the almshouses of the Company.
There is also a small detached plot at the corner of
Church Lane, Lee Road, and the lands which are occupied by the Chapel, almshouses, and gardens which face
the same road from London to Eltham.
The main portion of the property has lately been let
under an agreement for building to Messrs. Todd,
builders, under which leases, which have received the
sanction of the Board, have been granted as follows:—
Re Christopher Boone's Charity. Particulars of Leases granted by the Company.
|Premises.||Lessees.||Term of Years.||Commencement of Term.||Annual Rent.|
|Belmont Lodge, Belmont, Lee, Kent.||Alfred Nelson Cherrill||98||Michaelmas, 1854||30|
|No. 4, Belmont||Frederick Le Gros Clark||96 and a half||Lady-day, 1856||5|
|" 5 "||John Gillespie||96||Michaelmas, 1856||5|
|" 6 "||Henry George Noyes||96||Michaelmas, 1856||5|
|" 7 "||John and Christopher William Todd||96 and a quarter||Midsummer, 1856||5|
|" 8 "||William Abidah Heddy||96 and a half||Lady-day, 1856||5|
|" 9 "||John and Christopher William Todd||98||Michaelmas, 1854||5|
|" 10 "||Sarah Remnant||96 and three quarters.||Christmas, 1855||5|
|" 11 "||Sarah Elizabeth Weir||90 and a half||Lady-day, 1862||15|
|" 1 & 4, Blessington Road||William Delterier||97||Michaelmas, 1855||4. No. 1.|
|8. No. 4.|
|" 3 " "||Lewis Glenton||94 and a half||Lady-day, 1858||4|
|" 5 " "||Lewis Glenton||94 and a half||Lady-day, 1858||4|
|" 6 " "||John and Christopher William Todd||94 and a quarter||Midsummer, 1858||4|
|" 7 " "||Lewis Glenton||94 and a half||Lady day, 1858||4|
|" 8 " "||Mary Gertrude Anne Vallance||90 and three quarters.||Christmas, 1861||4|
|Brought forward ||£112|
|No. 9, Blessington Road||Lewis Glenton||94 and a half||Lady-day, 1858||4|
|" 10 & 12 " "||John and Christopher William Todd||94 and a quarter||Midsummer, 1858||4. No. 10|
|4. No. 12.|
|" 11 & 13 " "||John and Christopher William Todd||94||Midsummer, 1858||4. No. 11.|
|4. No. 13.|
|" 14 " "||Christopher William Todd||94 and a half||Lady-day, 1858||8|
|" 15 & 17 " "||John and Christopher William Todd||94||Michaelmas, 1858||4. No. 15.|
|4. No. 17.|
|" 16 " "||John Hodder Bussell||93 and a half||Lady-day, 1859||4|
|" 18 " "||Thomas Osborn Todd||93||Michaelmas, 1859||12|
|" 19 " "||Abraham Hammond||94||Michaelmas, 1859||12|
|" 20 " "||Thomas Osborn Todd||93||Michaelmas, 1859||12|
|" 21 " "||John Novard||94||Michaelmas, 1858||12|
|" 22 " "||Thomas Osborn Todd||93||Michaelmas, 1859||12|
|" 23 & 25 " "||John and Christopher William Todd||93 and a half||Lady-day, 1859||4. No. 23.|
|4. No. 25.|
|" 24 " "||Thomas Osborn Todd||93||Michaelmas, 1859||12|
|" 26 & 28 " "||John and Christopher William Todd||93||Michaelmas, 1859||4. No. 26.|
|4. No. 28.|
|" 27 & 29 " "||John and Christopher William Todd||93 and a half||Lady-day, 1859||4. No. 27.|
|4. No. 29.|
|" 30 & 32 " "||John and Christopher William Todd||93||Michaelmas, 1859||4. No. 30.|
|4. No. 32.|
|" 31, 33, 35, & 37, Blessington Road.||George Todd||94||Michaelmas, 1858||4. No. 31.|
|4. No. 33.|
|4. No. 35.|
|4. No. 37.|
|" 36, Blessington Road||George Rapsey Hodge||91 and a half||Lady-day, 1861||3|
|" 38 " "||John and Christopher William Todd||91 and a half||Lady-day, 1861||3|
|" 39 & 41 " "||William Delferier||94 and a quarter||Midsummer, 1858||4. No. 39.|
|4. No. 41.|
|" 40 " "||Thomas Bond Sprague||91 and a half||Lady-day, 1861||3|
|" 42 " "||John and Christopher William Todd||92||Michaelmas, 1860||6|
|" 43 " "||John and Christopher William Todd||95||Michaelmas, 1857||3|
|" 45 " "||John and Christopher William Todd||95||Michaelmas, 1857||3|
|" 47 " "||William Delferier||94 and a half||Lady-day, 1858||4|
|" 48 & 50 " "||John and Christopher William Todd||93 and a half||Lady-day, 1859||3. No. 48.|
|3. No. 50.|
|" 49 " "||John and Christopher William Todd||95 and a quarter||Midsummer, 1857||3|
|" 51 " "||John and Christopher William Todd||95 and a quarter||Midsummer, 1853||3|
|" 53 " "||John Nevard||96||Michaelmas, 1856||3|
|" 55 " "||Abraham Hammond||96||Michaelmas, 1856||3|
|" 57 " "||Abraham Hammond||94||Michaelmas, 1855||2|
|" 59 " "||John Nevard||94||Michaelmas, 1855||2|
|" 61 " "||George Todd||98||Michaelmas, 1854||3|
|" 1, Torrington Villas||John and Christopher William Todd||94 and a half||Lady-day, 1858||2|
|" 2 "||John and Christopher William Todd||94 and a half||Lady-day, 1858||2|
|" 3 "||John and Christopher William Todd||94 and a half||Lady-day, 1858||2|
|" 4 "||John and Christopher William Todd||94 and a half||Lady-day, 1858||2|
|" 5 "||John and Christopher William Todd||95||Michaelmas, 1857||2|
|" 6 "||John and Christopher William Todd||95||Michaelmas, 1857||2|
|" 7 "||John and Christopher William Todd||94 and a half||Lady-day, 1858||2|
|" 8 "||John and Christopher William Todd||94 and a half||Lady-day, 1858||2|
|" 9 & 10 "||John and Christopher William Todd||94 and a quarter||Midsummer, 1858||2. No. 9.|
|2. No. 10|
|" 11 and 12 "||John and Christopher William Todd||93 and a half||Lady-day, 1859||3. No. 11.|
|3. No. 12.|
|" 13 and 14 "||John and Christopher William Todd||93 and a half||Lady-day, 1860||3. No. 13.|
|3. No. 14.|
|" 1 Marlborough Road||John and Christopher William Todd||92 and a half||Lady-day, 1860||2.|
|" 2 " "||John and Christopher William Todd||91 and a half||Lady-day, 1861||6.|
|" 3 " "||John and Christopher William Todd||92 and a half||Lady-day, 1860||2.|
|" 4 " "||John and Christopher William Todd||91 and a half||Lady-day, 1861||6.|
|" 5 " "||John and Christopher William Todd||91 and three quarters.||Christmas, 1860||3.|
|" 6 " "||John and Christopher William Todd||91 and a quarter||Midsummer, 1861||6.|
|" 7 " "||John and Christopher William Todd||91 and three quarters.||Christmas, 1860||3.|
|" 8 " "||John and Christopher William Todd||91 and a quarter||Midsummer, 1861||6.|
|" 9 " "||John and Christopher William Todd||91 and a quarter||Midsummer, 1861||3.|
|" 10 " "||John and Christopher William Todd||90 and three quarters.||Christmas, 1861||6.|
|" 11 " "||John and Christopher William Todd||91 and a quarter||Midsummer, 1861||3.|
|" 12 " "||John and Christopher William Todd||90 and three quarters.||Christmas, 1861||6.|
|" 14 " "||John and Christopher William Todd||90 and three quarters.||Christmas, 1861||6.|
|" 7, Middleton Road||John and Christopher William Todd||91 and a quarter||Midsummer, 1861||6.|
|In addition to the above, leases of other property belonging to this endowment
are in the course of preparation, the annual rental of which will amount to £||184||0||0|
|The rent charge from the City of Hereford £||40||0||0|
|The rent of the detached plot in Church Lane, let to Lewis Glenton, under an
agreement for building £||12||0||0|
Charity of Christopher Boone.
The following Leases have been subsequently granted with the sanction of the Charity Commissioners.
|Premises.||Lessees.||Term of Years.||Commencement of Term.||Annual Rent.|
|No. 8, Belmont Park (formerly
called Middleton Road.)||George Fredk. Wenborn||87||29 Sept. 1865||10||10||0|
|" 9 Do.||Do.||87||Do.||10||10||0|
|" 10 Do.||Do.||87||Do.||10||10||0|
|" 11 Do.||George Robert Scott||87||Do.||10||10||0|
|Havelock Villa, Lee Road||William Leonard||92¾||25 Dec. 1859||3||0||0|
|Clyde Villa, Lee Road||Do.||92¾||Do.||3||0||0|
|No. 5, Belmont Park||George Fredk. Wenborn||86¾||25 Dec. 1865||8||0||0|
|" 6, Belmont Park||Do.||86¾||Do.||8||0||0|
|" 4, Belmont Park||Do.||86¼||24 June 1866||8||0||0|
|" 1, Belmont Park||Do.||86¼||Do.||8||0||0|
|" 2, Belmont Park||Do.||86¼||Do.||8||0||0|
|" 3, Belmont Park (formerly
called Middleton Road.)||Richard Westall||86¼||Do.||8||0||0|
|" 12 Do.||George Fredk. Wenborn||86||29 Sept. 1866||5||5||0|
|" 13 Do.||Lewis Glenton||86||Do.||2||0||0|
|" 14 Do.||John Christian Church||86||Do.||2||0||0|
|" 19 Do.||George Fredk. Wenborn||85½||25 March 1867||5||0||0|
|" 26 Do.||Do.||85½||Do.||4||0||0|
|" 27 Do.||Do.||85½||Do.||4||0||0|
|Stables and coachhouses at Lee,
Kent, and the roadway
leading thereto from Belmont
|No. 16a, Brandram Road||Do.||85¼||24 June 1867||3||0||0|
|" 17 Do.||Do.||85¼||Do.||3||0||0|
|" 17a Do.||Do.||85¼||Do.||3||0||0|
|" 20, Belmont Park||Do.||85||29 Sept. 1867||3||0||0|
|" 21 Do.||Do.||85||Do.||3||0||9|
|" 22 Do.||Do.||84¾||25 Dec. 1867||3||0||0|
|" 25 Do.||Do.||84¾||Do.||3||0||0|
|" 34, Blessington Road||George Bush||84¾||Do.||8||10||0|
|" 34a Do.||Do.||84¾||Do.||8||10||0|
|" 18, Belmont Park||George Fredk. Wenborn||84½||25 March 1868||2||0||0|
|" 18a Do.||Do.||84½||Do.||2||0||0|
|" 17 Do.||Do.||84¼||24 June 1868||2||0||0|
|" 23 Do.||Do.||84¼||Do.||2||0||0|
|" 24 Do.||Do.||84¼||Do.||2||0||0|
|" 15 Do.||Do.||84||29 Sept. 1868||2||0||0|
|" 16 Do.||Do.||84||Do.||2||0||0|
|Garden Ground adjoining No.
24, Belmont Park.||John Wilson||83¾||25 Dec. 1868||3||0||0|
|No. 4, Oxford Villas||Lewis Glenton||83¼||24 June 1869||3||17||6|
|" 5 Do.||Do.||83¼||Do.||3||17||6|
|Ground and 1st house west of
Brandram Road.||Wm. Hancock||80||29 Sept. 1879||12||0||0|
|Ground and 2nd house west of
Brandram Road.||Wm. Greaves||80||Do.||2||0||0|
|Ground and 3rd house west of
|Ground and 4th house west of
|£||637||0||0 (fn. 1) |
Ralph Bolton's Charity.
Ralph Bolton, by a deed poll of the 27th February
1648, gave to the said Company 466l. 13s. 4d. on condition that they should pay yearly 20l. towards the maintenance of a free school at Audlem, in the county of
Chester. The Company pay 20l. per annum to the
master of the grammar school at Audlem, in Cheshire.
Gerard Braybrooke, by his will, gave 2l., of which 6s.
was for an obit, at St. Martin Outwich, and the residue
for the Company.
The sum of 2s. 3d. a year, which is the entire
charitable charge, is paid to the churchwardens of St.
Martin Outwich annually.
Hugh Candish, by his will of the 29th May 1640, gave
to the Company messuages and tenements in St. John
Walbrook and St. Mary Fenchurch, to pay—
|To the wardens and officers of the Company||11||8|
|For certain superstitious uses in St. Martin
|And the residue for the Company.|
Notwithstanding the gift of the residue of this estate
to the Company for their own use, they apply the entire
residue to charitable purposes.
After the small payment to the officers of the Company and 1s. 7d. to St. Martin's Outwich, and the 15s. 1d.
to the Company in respect of their purchase of the
superstitious charges (confirmed by the Statute of the
4th James I., for which see my report on the Fishmongers' Company), the residue of the rents, amounting in the last year to 168l. 11s. 8d., was carried to the
The property consists of a house No. 30, Fenchurch
Street, bounded on the west by premises belonging to
Christ's Hospital, and extending backwards 64 feet. It
is let to Thomas Snelling, oilman, for a term of 21 years
from Lady-day 1847, at a rent of 170l.
James Chadwick, by will of the 4th April 1679, gave
to the Company 100l. to pay to four poor women 5s. each
The Company pay 4l. a year, which is given in sums
of 1l. a year each to four poor widows of freemen. These
are generally added to other gifts, which make up a
larger sum to the particular pensioners. I have elsewhere stated the number of widow pensioners and their
James Church, by a deed poll of the 16th January
1681, gave to the Company 500l.,—to lend 200l. to four
young men, gratis, and to pay interest on the remaining
300l., at 4 per cent., to 12 poor men and 12 poor
The 200l. being apparently lost by loans, the only
endowment remaining is the 12l. per annum, which is
made up to 12l. 12s., and is distributed on Good Friday
to 12 poor persons of each sex who attend St. Margaret
Lothbury, being selected by the court and receiving
half a guinea each. The rules as to receiving no other
pension, and as to attendance at divine service are
Francis Clarke's Charity.
Francis Clarke, about the year 1608, gave to the Company 200l.,—to pay 10l. a year to the parish of Odiham,
county of Southampton, towards the relief of the poor
And the said F. Clarke, in 1609, gave a further sum
of 200l. to the Company to pay 10l. a year to St.
There are no specific funds representing this capital,
but 10l. a year is paid to the churchwardens of the
parish of Odiham, and 10l. a year to the treasurer of St.
Henry Colborn, or Colbron, by a codicil to his will
of the 1st August 1655, gave to the Company 1,000l. to
purchase lands for erecting and endowing a free school
in Ashwell, Herts; and he gave the Master and Wardens
100l. for their pains and the endowment of the schoolmaster.
The Company received only 637l. 10s. applicable to
these purpeses, of which they applied 290l. in the land
and building, and reserved 347l. 10s. for the endowment. The Company pay 17l. 7s. 6d. a year interest in
respect of that sum.
The premises at Ashwell consist of a residence for the
master, and a school room, built by the Company, and
an orchard and garden, or about one and a half acres. On
the occasion of an enclosure of a common, an allotment
has lately been made to the property.
The Company appoint a schoolmaster at 50l. a year,
and they have lately allowed to the retiring schoolmaster a pension of 40l. a year. The Company insure
the school from fire at a premium of 16s. 6d. a year.
The late schoolmaster was allowed a stipend of 63l.
a year. The whole amount beyond the 17l. 7s. 6d. is paid
by the Company out of their proper funds. The Rev.
H. W. Hodgson, the incumbent, is the visitor, and reports favourably to the Company of the condition of the
school, as very beneficial to the agricultural population
of the neighbourhood.
John Conyers, in 1591, gave to the Company 100l., in
consideration that they should should pay to the churchwardens of St. Botolph, Aldersgate, 5l. a year, out of
the Company's inn in Aldermanbury.
This, which constitutes a rentcharge of 5l. on the
property of the Company in Aldermanbury, is paid
annually (deducting 1l. for land tax) to the churchwardens of St. Botolph, Aldersgate.
Thomas Coventry and Hugh Dashfield, by indenture
of the 10th July 1636, granted to the Company a
yearly fee farm rent of 10l. 3s. 4d. out of the rectory
of East Moulsey, Surrey, a fee-farm rent of 14l. out of
the rectory of Winslowe, Bucks, and a fee-farm rent of
7l. 13s. 4d. out of the rectory of Kympton, Herts,
upon trust, to pay—
|For apprenticing two or more poor children
in St. Andrew Undershaft, London||10||0||0|
|Ditto in St. Antholin, London||10||0||0|
|To the overseers of the poor of St. Pancras,
and to the overseers of the poor of Hornsey, equally, to be bestowed for the
relief of poor people dwelling as well
in that part of Hornsey as in that
part of St. Pancras which is situated
near Highgate, whereof one-hall should
be to poor dwelling at or near Highgate
in the parish of St. Pancras, and the
other half to poor dwelling at or near
Highgate and in the parish of Hornsey,
the same to be bestowed in fuel and
|To the Master and Wardens, 20s., and
Clerk, 16s. 8d.||1||16||8|
The Company receive the four rents, after deducting
|1. From Thomas Sutton (through Messrs.
Bateman, New Square, Lincoln's
Inn), in respect of the rectory of East
|2. From Robert Taylor (through Mr.
Foulkes, of Binfield Road, Clapham),
in respect of the rectory of East
|3. From W. S. Lowndes (through S. P.
Dudley, of Winslowe, Bucks), in
respect of the rectory of Winslowe||11||4||0|
|4. From Lord Dacre (through Messrs.
Herries & Co., bankers) in respect
of the rectory of Kympton, Herts||6||2||8|
The Company held in their hands at the end of the
year 1861, a sum of 179l. 0s. 7d. cash, in respect of
accumulations of the apprenticeship fund of the parish
of St. Antholin, and 119l. 0s. 6d. accumulations of the
like fund for the parish of St. Andrew Undershaft.
These sums are not invested.
The payments out of the 25l. 10s. a year, actually
The Master, Wardens, and Clerk, 1l. 16s. 8d., and a
sum of 10l. a year to a receiver, appointed under an
instrument which is annually signed by the incumbent
of Hornsey, and other gentlemen described as trustees
of the Charity of Thomas Coventry to the poor of
Highgate, which is expressed to indemnify the Company against any claim of the overseers of St. Pancras.
The indemnity is thus expressed:—
"And in consideration of the said payment being
made to us, or to our order as aforesaid, and notwithstanding any notice having been heretofore given to
the said minister and churchwardens on behalf of the
overseers of the parish of St. Pancras, Middlesex, as to
or touching the payment of the said annual sum of
10l., we do hereby undertake to save harmless and
keep indemnified the said Master and Wardens, and
their successors and their estate and effects, of, from,
and against all such actions, suits, proceedings, costs,
expences, claims, and demands whatsoever, at law or
in equity, which the said Master and Wardens or their
successors shall at any time hereafter suffer, sustain,
or be subject or liable to or charged or affected with
by reason or on account of the said 10l., which became
due by the said Master and Wardens on All Saints'
Day 1861, by virtue of the trusts or directions of the
said deed of 10th July 1635, or by reason of the said
Master and Wardens making or having made such a
payment to us or to our order instead of to the overseers of St. Pancras and Hornsey, to be by them
applied for the purposes in the said deed mentioned
as we the said trustees or the more part of us should
Sir William Craven's Charity.
Sir William Craven, by indenture of the 20th December 1615, granted to the Company all that messuage
and shops thereunto belonging in the parishes of
St. Mary Woolnoth and St. Michael Cornhill, upon
trust, to pay to him, Sir William Craven, for life, 140l.
And by his will of the 9th August 1616, he appointed
that the Company should pay yearly to 24 poor aged
men 96l., part of the said 140l., of which—
|To poor of the Clothworkers' Company||16||0||0|
|To the churchwardens of Burnsall,
Yorks., for the grammar school||20||0||0|
|For the repairs of the church there||2||0||0|
|For the repairs for the school and
|To the poor of St. Antholin, London,
|To the poor of St. Andrew Undershaft
|The Company's officers||6||0||0|
The gifts, amounting in the whole to 140l. a year, are
charged on property devised to the Company in Pope's
Head Alley, Cornhill.
|The Company pay 20 pensions of 4l. a year
each to poor freemen of the Company.
These freemen are generally in receipt of
some other pensions. They also pay 4l. a
year to four freemen of the Clothworkers'
Company, elected by the Merchant
Taylors' Company out of twice that
number recommended by the Clothworkers to that Company, who attend at
the Merchant Taylors' Hall to receive
|The Company pay to the churchwardens of
St. Andrew Undershaft (deducting 16s.
a year land tax)||3||4||0|
|The Company pay to the churchwardens of
St. Antholin (without deduction of land
|To the churchwardens of the parish of
Burnsall (without deduction)||20||0||0|
|To the churchwardens of the same parish,
in respect of the 2l. for the reparation of
the church and 8l. for the school (deducting 2l. land tax)||8||0||0|
|To the master, wardens, clerk, and beadle||6||0||0|
|£137||4||0 (fn. 2) |
John Creek, by his will of the 22nd November 1418,
gave to the Company a messuage in St. Dunstan's-inthe-East, for certain superstitious uses in St. Mary
Abchurch, and for providing 13 quarters of coal for the
poor of that parish.
The Charity is entitled to no more than the value of
the coals, of which the Company deliver four tons and
a half to the order of the churchwardens, which cost in
the year 1861 the sum of 5l. 10s. 3d.
The Company are entitled to the house in Tower
Street under this devise, and became the purchasers of
the charge for superstitious uses, under the instrument
of 4 Edward VI., confirmed by the statute 4 James I.,
to which I have elsewhere referred.
Andrew Dandy, by his will of the 29th March 1673,
gave to the Company his house and ground in St.
Thomas the Apostle parish, London, upon trust, to pay
out of the rents:—
|To 12 poor men and women in the Tower
|To 6 poor men and women in the parish
of St. Sepulchre||6||0||0|
|To 6 poor men and women of St. Giles,
|To 6 poor men and women of St. Botolph, Bishopsgate||6||0||0|
And upon the expiration of the existing lease and improvement of the rent, to pay such improvement to so
many poor men and women of the Company as such
future improvement would amount to at 20s. per annum,
each man and woman to be elected at the discretion of
the master, wardens, and court of assistants of the said
The Charity estate, which consisted of a house in
Queen Street, was taken by the Corporation of London,
under the City Improvement Act, and is now represented by a sum of 2,264l. 3s., 3l. per cent. Consols,
standing in the name of the Accountant-General of the
Court of Chancery, and producing an annual dividend
of 67l. 18s. 6d.
|The Company pay to the almshouses account||12||0||0|
|To the six poor men and women of the
parish of St. Sepulchre, chosen by the
Company out of twice the number of
nominees presented by the churchwardens of the parish (paid quarterly)||6||0||0|
|To the six poor men or women of the
parish of St. Botolph, Bishopsgate,
(chosen in the same manner)||6||0||0|
|To six poor men or women of the parish
of St. Giles, Cripplegate (chosen in
the same manner)||6||0||0|
|To 29 poor widows of freemen of the
Company, pensions of 1l. each||29||0||0|
|To the Company's poor account, out of
which sundry pensions and gifts are
made by the Company, which are not
included under any other head||8||18||6|
The Company have in their hand a sum of 8l. from
arrears of the above payments to the poor of those
parishes which have not been applied for.
Robert Donkin, by his will of the 1st December 1570,
gave to the Company certain lands and tenements in St.
Botolph, Bishopsgate, directing them to provide for 12
poor men, and 12 poor women, clothing of the annual
value of 21l. 10s., and to pay to the chamberlain and
town clerk 10s. each, for their pains in seeing the
The residuary clause of the will is as follows:—
"And so that the whole residue of the said rents
and pffets of the said lands, tents, and gardens
they do mainteigne and geather yearly into one
whole stocke, and therewth doo and kepe the repacons of the said tents to them devysed and
yf nede be newe buildinge the same, as to there
dyscrecons nede shall appeare, as the same stocke
will faull oute."
The property consists of a number of houses in Sun
Street, Bishopsgate, producing a rental the amount of
which has not been returned to this office nor disclosed
to me. The construction always adopted by the
Company, and which seems to have been acquiesced in
by the commissioners of inquiry, is that the residue
after keeping the estate in repair is given to the
Company for their own use. The words, it will be observed, do not express that the residue is to be taken for
the use of the Company, but only that it is to be kept in
the Company's stock to repair.
It may be a question for the consideration of the
Board whether the actual construction of this gift
should be determined by any legal proceeding, and
whether the Company should be required to render the
account of the estate as of an endowment wholly
I may add that the amount of the residue, whatever it
may be, is represented as not exceeding the sum which
the Company annually devote to the support of the
Merchant Taylor's School, an institution not otherwise
The Company stated to the Public School Commissioners (Appendix, Vol. 2, p. 249) that they expended
from 2,000l. to 3,000l. a year on the school from their
own funds, and had recently laid out about 20,000l. for
the purpose of adding to the site and buildings.
The Company purchase annually 72 ells of Irish linen,
and 120 yards of cloth, or brown stuff, and 24 pairs of
hose. These articles cost in the year 1861 the sums of
7l. 4s., 18l., and 2l. 16s. respectively. The sum of 3l.
was paid for making up the cloaks.
The gifts are divided equally between 12 men and 12
women, being either freemen of the Company, or freemen's widows, each receiving three ells of linen and
five yards of cloth, and each also having 5s. in money.
A sum of 1l. 1s. is paid to the town clerk when
demanded, and in one case, when not demanded was
carried to the poor account.
The whole of the above payments amounted in 1861,
to 38l. 1s. (fn. 3)
By deed of the 28th August 1605, between the Company of the one part, and Robert Dowe of the other part,
reciting that the said Robert Dowe had paid to the
Company at various times 2,158l. 10s. 8d. for the purchase of lands, &c., for decayed brethren, and that the
Company had made such purchase for 1,212l. 13s. 4d.,
leaving 945l. 17s. 4d. to be employed on a further purchase; and reciting that the said Robert Dowe had
appointed several yearly pensions to be paid out of the
rents of the lands purchased and to be purchased;
The said Company covenanted with the said R. Dowe
to make the several payments as follows:—
|To 13 poor aged brethren (6l. 13s. 4d.
|For gowns for the almsmen, for every
|To six persons, reversioners to succeed
to the 13 (1l. 6s. 8d. apiece)||8||0||0|
|For gowns for them, to be expended
every third year||3||0||0|
|To the clerk for attending pensioners to
|For burials (three every year)||1||0||0|
|Clerk of Company||0||3||0|
|To the poor of St. Botolph, Aldgate||10||6||0|
|Almswomen at East Smithfield||6||0||0|
|Fuel for the same||2||0||0|
|Candle light for the same||0||6||8|
|To be expended yearly in Lent for their
|Chamberlain and town clerk, to see
And by another deed of the 4th April 1610, in consideration of 800l. paid by the said Robert Dowe, the
Company covenanted to pay as follows:—
|To Gregory Smith's almswomen||2||12||0|
|To R. Dowe's almswomen||1||4||0|
|To the churchwardens of St. Botolph,
Aldgate, for the poor||10||3||0|
|To the wardens' substitutes||0||17||0|
|To the clerk on the death of any
|To expend at the probation of Merchant
|For the release of prisoners n London||20||0||0|
|To the Company's officers||1||4||0|
|For tending the lantern at almshouses||0||1||4|
The estate charged with this payment, being the
property purchased with the gift, is situated in Threadneedle Street, Martin's Lane, in Cannon Street, Lawrence Pountney Lane, Bow Lane, and Watling Street.
The liability of the Company is expressed by the covenant,
and amounts to the aggregate of the various charges
The Company give pensions of 6l. 13s. 4d. to 13 aged
freemen of the Company.
In 1861 there was a vacancy, and the payments were
made to 12 only, amounting to 80l. in the whole. A
sum of 14l. 12s. 1d. is carried on, and expended every
third year, when it amounts to a sum of 43l. 16. 3d. or
In 1859 the cloth purchased was as follows:—
|Making the gowns and cloaks||5||14||0|
Most of the pensioners receive other pensions, in
addition to those derived from this Charity.
|There is also the six yearly pensions of
2l. 2s. to other poor freemen||12||12||0|
|To the churchwardens of St. Botolph,
|To the almshouse account (which is considered as including the coals and
|The Probation of Merchant Taylors'
|This is carried to the Company's
school account. It is expended in
refreshments on the day.|
|There is carried to the Prison Fund Account (see Prisoners Fund Account)||20||0||0|
|The Officers of the Company, Master,
Wardens, Clerk, and Beadle||4||13||4 (fn. 4) |
Dame Ducie's Charity.
Dame Elizabeth Ducie, by her will of the 16th December 1635, gave to the Company 100l. towards maintaining the widows of almsmen.
The Company charge themselves with 5l. a year,
hich is paid to the Almshouse Account.
Jeffery Elwes, by his will of the 8th April 1666, gave
to the Company 400l. for the perpetual relief of the poor.
There is no specific investment of this fund; 20l. a year
is carried to the Company's Poor Account. From this
account various payments are made in the shape of
pensions, various gifts to poor members of the Company
and their widows, and various sums by way of increase
of other small pensions. The sum carried to this
account in 1861 was about 1,100l.
Under the several heads of relief, there was paid in
the same year—
|As casual gifts||513||5||0|
|As increase or excess in pensions||19||3||4|
And a balance of 1,013l. 19s. was carried on to the next
Walter Fish, by his will of the 17th September,
22nd Elizabeth (1580), devised to the Company a house
in Cannon Street, purchased with 103l. 5s., arrears
of the annuity mentioned in Sir William Fitzwilliam's Charity, and also the annuity of 7l. 6s. 8d.,
upon trust to pay the rent between five poor scholars
of St. John's College, Oxford, and the 7l. 6s. 8d. as
follows: 6s. 8d. to the clerk and beadle, and 7l. amongst
the almsmen of the livery.
The estate of this Charity is as follows:—
|No. 60, Cannon Street, and 17, Nicholas
Lane, let to N. Game, on lease for 31
years from Lady-day, 1848 (the tenant
having expended money in improvements)||120||0||0|
|Annuity from Sir William Fitzwilliam's
account, the same having been granted
by Queen Elizabeth to this donor||7||6||8|
|The sum of 1,012l. 12s. 5d., 3 per
cent. reduced annuities, the produce
of accumulating investments of the
|£157||14||2 (fn. 5) |
Sir William Fitzwilliam's Charity.
By an indenture (date unknown) between the Company of the first part, Sir William Fitzwilliam of the
second part, and Thomas Coles of the third part, the
said Company, in consideration of 800l. paid by the
said Sir William Fitzwilliam, granted to the said
Thomas Coles an annuity of 20l. charged upon premises
in Lombard Street and Cornhill, and
Thomas Coles, by his will, devised the said annuity
of 20l. for superstitious uses to the parish of Marham.
The Company pay 20l. a year in respect of this gift,
of which 7l. 6s. 8d. is carried to the credit of Fish's
Charity, and 12l. 13s. 4d. paid to the churchwardens of
Marham, in Northamptonshire, annually.
Sir James Gore's Charity.
Sir James Gore, by his will of the 23rd January 1636,
gave to the Company 12l. a year issuing out of a tenement in Trinity Lane, London, for the relief of three
poor old freemen 4l. apiece.
The rentcharge (deducting 2l. 8s. for land tax, is now
paid by Mr. Edward White, of 26, Mark Lane, solicitor.
The sum is distributed in pensions to three men, each
receiving 3l. 4s.
Robert Gray, by his will in the year 1639, gave to the
Company 1,500l., and a reversionary interest in 1,000l.,
for the almswomen of the Company.
The Company charge themselves with interest at 5
per cent. on 2,132l., the amount received by them in
respect of these legacies.
The interest, amounting to 106l. 12s., is carried to
the almshouse account.
Helen Gulston, by her will of the 15th July 1637,
gave 600l. to be laid out in rents answerable for that
sum, for the relief of six widows, two of citizens, two of
ministers, and two of gentlemen, and she requested that
the Company would purchase rents with the said money,
and distribute the same among the widows by 5l. each,
and the overplus of the rents, if they should amount to
more, to be divided amongst them. The fund was not
laid out in rents or land, but the Company charge
themselves with 30l. a year. The widows elected are
not necessarily widows of freemen of the Company, but
persons of the different classes specified apply to the
Company on the occasion of vacancies.
A list of all vacant pensions remains posted at the
hall door for about a fortnight before the meeting of
the Charity Committee, which takes place about four
times a year, and applications are made on a form of
petition which is given to those who apply first, and
which requires the signature of a member of the court,
which is never refused, so that all may have a hearing.
Sir John Hanbury's Charity.
Sir John Hanbury, by will of the 27th March 1639,
gave to the Company 500l. to purchase lands, upon
trust, to pay:—
and the overplus to the Company.
|To the poor of Feckenham, Worcester||13||0||0|
|To the poor of the parish of Hanbury,
The Company charge themselves with 19l. 10s. a year,
which is paid to the churchwardens of the respective
parishes in the proportions mentioned above.
J. Harrison's Charity.
John Harrison, by his will of the 15th May 1618,
gave to the Company 500l. to erect a grammar school at
Great Crosby, parish of Sefton, Lancashire, for educating children and youth in grammar, to be called "The
Merchant Taylors' School, founded at the charges of
John Harrison." And he gave to the Company
several messuages in St. Augustine and St. Swithin's
parishes, London, on trust, to pay:—
and the remainder to the poor brethren of the Company, 20s. a quarter apiece.
|To the master of the school||30||0||0|
|To the usher||20||0||0|
|To the poor of St. Augustine's||20||0||0|
The property of the Charity now consists of the following particulars:—
|The great portion of Messrs. Leaf's
premises, Old Change, extending
from west to east, 137 feet, and
a frontage of 48 feet 5 inches in
the Old Change, and extending to
about 10 feet greater breadth at
a spot commencing about 34 feet
farther back, let to William Leaf,
for 21 years, from Christmas 1847||700||0||0|
|No. 30, Old Change, let on a building lease to Robert Price, for 61
years from Midsummer 1813||30||0||0|
|No. 6, St. Swithin's Lane, let to
Edward Stride, for 21 years
from Lady-day 1844||45||0||0|
|An easement, lights paid by J. C.
A scheme was settled by the Court of Chancery by
an order of the 28th July 1849. The substance of the
scheme was that there should be a schoolmaster and
usher, and that the stipend of the master should be
increased to 130l. a year, and the stipend of the usher
should be increased to 80l. a year, the scholars to be
limited to 100, 40 on and 60 not on the foundation;
the master was to be permitted to take boarders, and
that there should be a half-yearly examination.
The fifteenth clause provided that the Master, Wardens, and Court of Assistants for the time being, and
their successors, shall continue to be Governors of the
said school, and shall have full power from time to
time to make such new or other rules, orders, and
regulations for the management and conduct of the
said school, and the children to be educated therein,
and for the master and usher, and generally in reference to the school, and from time to time to alter such
rules, orders, and regulations, as the said Master,
Wardens, and Court of Assistants and their successors
shall think fit, having regard nevertheless to the principles and system of education pointed out by the said
John Harrison, the founder, and enlarged in manner
And the sixteenth clause was as follows:—That after
setting apart the several sums herein-before mentioned
for the purposes of the said school, or such increased
sums as aforesaid, the said Master and Wardens and
Court of Assistants shall be at liberty to pay out of the
said charity funds an increased annual pension or sum
not exceeding 8l. per annum, to each of the poor brethren of the said company, for the time being, and
accumulate the surplus moneys (if any) from time to
time to be hereafter applied for the maintenance of
the said trust property or otherwise for charitable
purposes pursuant to the said will of the said John
Harrison, the founder, as occasion may require or
Under an order of the court of the Company of the
2nd May 1861, made in pursuance of the powers reserved to them by the foregoing fifteenth clause of the
scheme, other rules and regulations were framed for
the government of the school, in the place of those
contained in the foregoing scheme. These rules and
regulations I append.
The expenses of the establishment of the school are—
|The stipend of the head master||120||0||0|
|The present head master is the Rev.
Robert Oliver Carter. He was appointed in 1860. In addition to his
stipend he is allowed under the first
clause of the scheme 5s. for each boy
taught in the school during the whole
of the quarter.||42||0||0|
|He is also allowed a moiety of the
quarterage of 25s. per quarter, payable by all boys, except the 28 free
boys called Harrison's scholars.|
|The Harrison's scholars are admitted
by the visitors. In the quarter ending March 1862 there were 42 boys
altogether in the school. The master
has also a residence, which is large
enough to take boarders, but the
present master is precluded from
|The usher's stipend||100||0||0|
|He is also allowed 1s. 6d. per head, per
quarter, for each boy on the register
an entire quarter||12||12||0|
|One quarter of the quarterage of 25s.
paid by the scholars|
|Paid the master towards warming and
lighting the school||5||0||0|
|Books and stationery||30||0||0|
|Examiner's fees (clause 10)||10||0||0|
|Repairs and insurance (clause 1)||20||0||0|
(The excess has been provided for out of the Company's funds.)
There were several exceptional charges in 1861.
|Printing, &c. in connexion with the new
rules of 1861||24||11||6|
|Advertising for a head master||11||7||6|
|Law charges in reference to the contemplated purchase of a field for a
|Paid for fixtures on the retirement of
the late master||54||16||5|
The disbursements of the Charity to the poor are—
|Thirty-nine yearly pensions to poor freemen of the Company, at 8l. a year
|Nine poor women, widows of freemen,
at 4l. each||36||0||0|
|These, as they lapse, will not be filled
up. It is intended to add to the
number of the men, but the Company require the fund at present,
with the view to repairs which are
expected to be necessary to be
done in the school house at
|The churchwardens of St. Augustine, for
the poor in Lamb Alley||16||0||0|
|The sum of 4l. is deducted for land
tax, which is stated to have been redeemed by the Company.|
The balance in hand at the end of the year 1861, on
account of this Charity, was 566l. 6s. 6d.
The present surplus income at the existing scale of
charges is 64l. 10s. 8d. (fn. 6)
Charities of Robert Hawes and others.
Robert Hawes, by his will of the 17th January 1595,
after reciting that John Robinson, William Offley,
Robert Dow, Richard Venables, William Craven, and
the testator had subscribed 336l., and purchased messuages in St. Benet Fink parish, which had been conveyed to the testator, gave the same to the Company
upon trust to pay to five poor widows of the Company,
and one widow of the parish of St. Botolph, Aldgate,
3l. 9s. 4d., a year each, and the residue of the rents to
the Company, the said testator not doubting that should
the rents increase to a good balance, the Company would
increase the pensions.
|The property is situated in Finch Lane, and produces
a rent of about 800l. a year. The Company have increased the allowances to six almswomen in respect of
this gift to 27l. a year each, making an annual charge
|The Company also carry another sum to
the almshouse account generally of||238||0||0|
|Making together a disbursement of||£400||0||0|
Mr. Alderman Heydon, by will of the 11th March
1519, gave to the Company 100l. to lend the same at
3l. 6s. 8d. per annum, to be paid to the Mercers'
The Company pay a sum of 3l. 6s. 8d. a year to the
Mercers' Company. Nothing now is known of the capital
John Heyman, by will of the 15th October 1646, gave
to the wardens of the parish of St. Saviour, Southwark,
all his houses at Barnet, Herts, to pay to the Company
40s. for two poor citizens tailors, and 4s. to the clerk.
The churchwardens of St. Saviour, Southwark, pay
2l. 4s. a year to the Company, which is given to two poor
members of the Company in pensions of 1l. each,
annually, added to other pensions.
The 4s. a year is paid to the clerk of the Company.
Richard Hilles, by his will of the 28th June 1586,
gave to the Company all his tenements and gardens in
St. Botolph, Aldgate, parish, subject to the payment of
5l. amongst six of the most impotent poor aged men of
The Company, out of the rents of these houses, charge
themselves with 5l. a year, which is carried to the poor
account (see Elwes' Charity).
Ralph Holland, by his will of the 2nd May 1452, gave
to the Company certain lands and tenements in St.
Alban, Wood Street, and three shops and garden ground
in St. Clement's Lane; also a certain tenement in St.
Mary Aldermanbury, and a certain inn in St. Andrew
And the testator, by another will of the 3rd May 1452,
gave to the Company two tenements in St. Dionis
Backchurch, and a tenement in St. Botolph Aldgate,
upon trust, for relieving the poor of the Company, and
for superstitious uses.
The Commissioners of Inquiry state that the only
property known to have been devised under this will is
the George Inn, Aldermanbury. This is now let to
Francis Brighton for 61 years from Lady-day 1831, at
a rent of 165l. a year. The Company carry to their own
account 13s. 4d. annually, as given to superstitious uses,
and purchased by the Company from the Crown, and
carry the residue, 164l. 6s. 8d., to the poor account.
John Howden gave to the Company 333l. 6s. 8d. and
certain plate, they agreeing to pay yearly—
|For superstitious uses||7||10||11|
|For the poor of St. Mary Abchurch||0||15||9|
|To the Master and Wardens 5s. 8d., and
to the clerk 1s.||0||6||8|
The charge for superstitious uses was purchased by
the Company, and the alienation confirmed by the Act
of the 4th James 1st. The sum of 15s. 9d. a year is
paid to the churchwardens of St. Mary Abchurch, and
6s. 8d. to the officers of the Company.
Walter Hull, by will (date unknown), gave to the
Company 2l. 4s. a year for two poor members of the
The Company pay two pensions of 1l. each to poor
freemen, and 4s. to the clerk.
J. Hyde's Charity.
John Hyde, by his will of the 8th September 1604,
gave to the Company certain lands and hereditaments
in the Minories and Fleet Street, London, to pay as
|To the parson and churchwardens of St.
|To the vicar and churchwardens of St.
Brides, Fleet Street||1||10||0|
|To the minister and churchwardens of
|To the almswomen of the Company||5||0||0|
|To the grammar shool of Hayfield, Derbyshire||10||0||0|
|To the clerk and beadle||1||10||0|
And the rest of the rents for the discharge of poor
prisoners for debt in London.
The estate of the Charity consists of the following
|No. 27, Church Street, Minories, let to
Hezekiah Lane, for 21 years from
|No. 56, Church Street, Minories, let to
George Norris, for 21 years from Ladyday 1851||30||0||0|
|No. 1, Church Street, Minories, let to
George Norris, for 21 years from Ladyday 1849||20||0||0|
|A warehouse and premises (formerly
No. 4 to 7, Church Street, let on
building lease to David King, for 80
years from Lady-day 1859. (This
was granted under the authority of
the Board, by order of the 4th March
|No. 123, Fleet Street, let to Alpha Lewis
for 21 years, from Michaelmas 1854||225||0||0|
The payments out of this income are:—
|The churchwardens of St. Andrew
Undershaft (deducting 8s. for land
|The churchwardens of St. Brides||1||10||0|
|The minister and churchwardens of the
Holy Trinity, Minories||0||16||0|
|The minister of the chapel, Hayfield,
|The almshouse account of the Company||5||0||0|
The Company carry over the residue of the rents,
under the direction of a scheme which is set out under
my report on the "Prison Fund Account."
The sum thus carried over in the year 1861 was
428l. 4s. (fn. 7)
Robert Jenkinson, by his will of the 15th April 1616,
gave to the Company 120l., on trust to distribute 6l. on
All Saints' day to 14 poor ancient widows in the Tower
Hill almshouses in clothing.
And by a codicil of the 14th October 1617, he gave
20l. in augmentation.
The Company charge themselves with 7l. a year interest on 140l. at 5l. per cent., which they carry to the
John Juxon, by his will of the 17th August 1626, gave
to the Company 12l. a year issuing out of certain lands
at Mortlake, Surrey, for poor scholars at Oxford or
This rent-charge is now paid by General Popham, the
owner of a farm said to be called Brickfarm.
The sum of 9l. 12s. 0d. only is received by the Company, who make up the 12l. by adding 2l. 8s. 0d. from
their funds, and bestow the whole upon a poor scholar
at one of the Universities alternately each year.
Peter Mason, by his will of the 6th December 1412,
gave to the Company certain tenements and shops in
the Poultry, upon trust to pay 7l. 13s. 4d. to certain
superstitious uses, and the residue for the poor of the
The following table exhibits the present description
and income of the property.
|No. 1, Poultry, let to Messrs. R. & P.
Brooks (the silversmith), on lease
for 25½ years from Christmas 1848
at a rent of||200||0||0|
|No. 4, Poultry, let to the administrators of William Thodey (glover), for
14 years from Christmas 1857||180||0||0|
|No. 5, Poultry. This was let to
Mr. Samuel Hale for 61 years from
Midsummer 1803, at a rent of 40l.
per annum. The lease refers to the
plan in the margin, which describes
the limits of the estate demised as
16 ft. 5 in. frontage in the Poultry,
with an eastern boundary extending
14 ft. 9 in. backwards, and a western
boundary of 10 ft. 8 in., and abutting
on premises at the rear stated to
belong to Mr. Samuel Hale. The
Company purchased the residue of
Mr. Hale's lease about or previously
to the year 1851, together with other
freehold premises in the rear, and
on the 3rd December 1851 the Company demised this portion of the
charity estate, together with other
premises in the rear of the same
breadth and frontage in Bucklesbury,
to Eugenius Fenning, for 21 years
from Christmas 1850, at a rent of
210l. Of this rent the Company
credit the charity with the rent
reserved on the lease of 1803||40||0||0|
|The estate is subject to a quit rent of
9s. a year to the Dean and Chapter
of Westminster, and to an annual
payment for superstitious uses of
7l. 13s. 4d., which has been purchased by the Company and confirmed by statute before referred to||8||2||4|
The Company apply the income in the payment of
|Three of 40l. each to four liverymen
of the Company||120||0||0|
|Six of 30l. a year to poor liverymen of
The residue is carried over to the poor account of the
Company, the nature of which I have described in my
report on Elwes' Charity. (fn. 8)
Lady Jane Maynard's Charity.
Lady Jane Maynard, by her will of the 14th March
1660, devised two messuages and 73 acres in Leicham,
Kent, and divers marsh lands containing 138 acres in
Romney Marsh, to certain persons in tail male, and in
default of issue to trustees, upon trust to grant to the
said Company a rent-charge of 50l. a year issuing out
of the said lands for honest well-disposed freemen of
The Company receive 40l. a year from the agent of
Sir John Bridges, deducting 10l. a year for land tax.
The sum of 20l. annually is given to each of two young
men free of the Company, who have served their apprenticeship and are about to set up in trade. Evidence is
required by the committee of the Company of these
facts before the sum is granted, but no other record is
taken than the names and addresses of the parties.
The two last recipients of this gift were—
1. Mr. John Mackintosh New, of No. 24, Tavistock
Place, Tavistock Square; and,
2. John White Smith, of No. 3, the Grove, Homerton.
William Moore, by his will (date unknown), gave to
the Company an annuity of 20s. issuing out of a house
in St. Andrew Undershaft, to be distributed amongst
the wardens substitutes in decay.
The churchwardens of St. Andrew Undershaft pay
16s. a year, which the Company pay to their poor
Richard Osmotherlaw, by will of the 7 May 1612, gave
to the Company all the residue of the rents of his freehold lands and tenements in St. Botolph, Aldersgate,
subject to the payments following:—
|To his wife, her heirs and assigns, for ever||10||0||0|
|To the poor of St. Botolph, Aldersgate||4||6||8|
|For a sermon there 6s. 8d., churchwardens 4s., clerk and sexton 2s. 8d.||0||13||4|
|To his cousin John Osmotherlaw and his
heirs for ever||5||0||0|
|To Robert Osmotherlaw and his heirs for
|To Bromefield School, Cumberland||10||0||0|
John Osmotherlaw purchased an annuity of 6l. (part
of the annuity of 10l. to the wife), and the annuity of
2l. to Robert, which with his own of 5l., making together
13l., he afterwards by will of the 1st June 1642 devised
|To the Clothworkers Company||2||10||0|
|To Christ's Hospital||2||10||0|
|To St. James's Garlickhithe parish, London||3||0||0|
|To one Andrews||5||0||0|
The Company are in possession of property in Aldersgate Street and Little Britain, which produces a considerable rental, of which they charge themselves as a
rent-charge with 23l. per annum, the amount of the
charitable gifts of John Osmotherlaw, the devisee, and
of the charitable gifts of Rd. Osmotherlaw, the testator,
beyond which there are no claimants.
The 23l. a year is thus applied:—
|To the churchwardens of St. Botolph,
Aldersgate (less 1l. for land tax, a customary deduction for a long period)||4||0||0|
|To the minister and churchwardens of
the parish of Bromfield, Cumberland,
on condition of maintaining a schoolmaster to teach 15 poor men's children
of Langridge and Bromfield||10||0||0|
|To the Clothworkers' Company||2||10||0|
|To Christ's Hospital||2||10||0|
|To the churchwardens of St. James, Garlickhithe||3||0||0|
I wrote to the Rev. C. H. Wyberg, vicar of Bromfield,
to inquire as to the existence of this school. He informed me in reply that the money is applied in teaching
the number of children mentioned, and that the condition of the school is quite satisfactory.
Robert Parker's Charity.
Robert Parker, by his will of the 10th January 1622,
gave to the Company 400l. to purchase lands for good
uses in Staffordshire, on trust to pay 20l. a year to the
poor of Walsall.
And he gave 100l. to the Company to lay out in land
in Walsall to pay to the organ player and his blower in
Walsall Church 5l.
And he gave 100l. to the Company to pay to themselves and their officers 5l. a year.
And he gave 100l. to the Company to pay 5l. to the
poor of St. Antholin, London.
There has been no investment of the funds in land.
The Company charge themselves with 35l. a year, of which
sums of 20l. and 5l. a year are paid to the churchwardens
of Walsall, and 5l. to the churchwardens of St. Antholin,
the remaining 5l. is paid to the clerk and beadle of the
William Parker's Charity.
William Parker, by his will in 1616, gave to the Company 2,000l., to pay 80l. a year as follows:—
|To the parson of St. Antholin||10||0||0|
|To the clerk and sexton||5||0||0|
|To the minister of Great Bloxwich||20||0||0|
|To poor prisoners in the Compter, Wood
|To poor prisoners in the Compter,
|To poor prisoners in Newgate||2||0||0|
|To poor prisoners in Ludgate||1||10||0|
|To poor prisoners in the Fleet||1||10||0|
|To Bethlehem hospital||1||0||0|
|To five poor aged men of the Company||20||0||0|
|To the almsmen of the Company||2||10||0|
|To the almswomen||5||0||0|
|To the officers of the Company||5||0||0|
|To the Master and Wardens||2||10||0|
The Company charge themselves with the 80l. a year,
out of which they pay as follows:—
|To the churchwardens of St. Antholin||8||0||0|
|To the clerk and sexton of St. Antholin
(deducting 2l. for land tax)||5||0||0|
|To the minister or perpetual curate of
Great Bloxwich; from whom the Company receive a report of the state of the
school which this bequest assists to
|The payment for the City prisons is made
to Mr. Temple, the officer of the Corporation||7||10||0|
|The receiver of Bethelem hospital||1||0||0|
|The keeper of the Queen's prison (Mr.
|Five yearly pensions of 4l. each to poor
freemen of the Company||20||0||0|
|The almshouse account of the Company||7||10||0|
|The Master, Wardens, clerk, and beadle
of the Company||7||10||0|
|£78||0||0 (fn. 9) |
This Charity was founded by the will of John Parkin,
of the 17th June 1759, whereby, after stating that he
was entitled to several sums of money due on certain
securities in his said will particularly mentioned, he out
of the annual interest arising from such securities gave
60l. per annum to his sister Sarah Parkin, and 16l. per
annum to his sister Grace Sharpe, and declared that on
the death of his said sisters all the said securities should
be vested in the Master, Fellows, and scholars of Pembroke College, Cambridge (then commonly called or
known as Pembroke Hall), and he thereby gave and
granted the same to the said Master, Fellows, and
scholars, together with what should remain yearly
out of the annual interest of the said securities after
payment of the said annual sums of 60l. and 16l. to his
sisters; and he directed that upon the death of either
of his said sisters her legacy should cease, and be vested
immediately in the said Master, Fellows, and scholars.
And he gave all the said securities to the said Master,
Fellows, and scholars upon trust for founding five or
six Scholarships or Exhibitions in Pembroke College,
to be appropriated to and conferred upon five or six
scholars educated in Merchant Taylors' School at London, regard being always had to their seniority and
station therein, and particularly to those who were head
of the school and became superannuated, whom he preferred as emeriti milites; and he directed that one other
scholar should be of the free school of Bowes, in the
county of York, founded by his late uncle William
Hutchinson, Esquire, of Clement's Inn, and of Aldenham, in Hertfordshire. And he declared that it was his
intention that those five or six scholars should each have
an equal portion or dividend, and be chosen within the
space of two months after any avoidance or vacancy by
the Master of Pembroke Hall for the time being, and
that they should be resident at least nine months in
every year, and might enjoy the same till they were of
seven years' standing in the University, and no longer;
but he directed that until the whole property and
interest of the said securities should be in the Master,
Fellows, and scholars aforesaid, no more scholarships
or exhibitions should be settled than in proportion to
the interest money that they were by his will entitled to
an should actually receive, and which he left to their
judgment and discretion.
The testator died on the 27th August 1765.
By an order of the court of the 9th December 1854, it
was ordered that the College of Pembroke Hall, Cambridge, should transfer the sum of 6,700l., bank 3 per
cent annuities, into the name of the Accountant-General
in trust in the cause, and that the college should sell
the sum of 100l. new 3 per cents. standing in their
names, and pay the produce thereof to the credit of the
same cause, and that the same be laid out in the purchase of bank 3 per cent. annuities.
And it was ordered that of the aggregate amount of
bank 3 per cent. annuities, which after such transfer and
investment should be standing in trust in the cause
"Attorney General versus Parkin," including in such
aggregate the 5,824l. 12s. 4d. bank 3 per cent. annuities
standing in the name of the Accountant-general in
trust in the cause, 20 equal 42 parts of the said bank
annuities to be carried over to an account to be entitled,
"In the matter of Parkin's Charity the account of the
master and wardens of the Merchant Taylors of the
fraternity of St. John Baptist in the City of London."
And after directing the taxation of costs, and the sale
of so much of the said bank annuities as would be
sufficient for the payment thereof, it was ordered that
the dividends be from time to time paid to the Company,
and that such dividends be applied by the Company in
providing four exhibitions, to be called the "Parkin
Exhibitions," for scholars educated at Merchant Taylors'
School and proceeding to the University of Cambridge
for four years, and to be subject to such rules, orders,
and regulations in regard to residence or otherwise as
the Company should from time to time establish.
The college in 1855, in addition to the stock transferred to the account of the cause, paid the sum of cash
of 184l. 14s. 9d.
The capital fund which now stands in the name of
the Accountant-General of the Court of Chancery in the
cause "Attorney-General v. Parkin," is 5,887l. 14s. 9d.,
3l. per cent. consols, producing an annual dividend of
176l. 12s. 6d.
The Company provide four exhibitions for scholars of
the Merchant Taylors at Pembroke College of 50l. a
year. The cash paid over by the college has hitherto
provided the deficiency between the amount of the
dividend and the 200l., and this deficiency, I am informed, it is the design of the Company to make up
from their own funds when the cash balance is exhausted.
Fowlk Parry, by his will in 1658, gave to the Company
50l., and the interest whereof to be distributed to the
poor yearly. The Company pay 2l. 10s. per annum, as
the interest of this fund, to the poor account.
(See Elwes' Charity.)
M. Parson's Charity.
Margaret Parsons, by deed of the 10th December,
5th Elizabeth (1562), granted to the Company an
annuity of 4l. issuing out of a tenement in St. Christopher,
Cornhill, to pay:—
|To the Parish of St. Michael 20s., and St.
|To 13 poor Merchant Tailors 12d. apiece||0||13||0|
|To 4 poor maidens' marriages, &c., 7s. 6d.
|To the clerk 5s., and to the beadle 2s.||0||7||0|
The Company having received the value of this rentcharge from the Bank of England, on the removal of the
property for the construction of that edifice, pay 4l. a
year, as follows:—
|To the churchwardens of St. Michael,
|To the churchwardens of St. Christopherle||0||10||0|
|To the poor account of the Company||0||13||0|
|To the officers of the Company||0||7||0|
The remaining 30s. a year, to be given to poor maidens
servants, or children of Merchant Tailors, in sums of
7s. 6d., has not been distributed for three or four years
there is a balance of 6l. 10s. in hand.
Sir John Percival's and Dame Thomasine Percival's
Sir John Percival, by his will of the 21st February
1507, gave to the Company certain messuages in Lombard
Street and Cornhill, for certain superstitious uses, and to
pay 10s. yearly to poor householders of St. Mary
Woolnoth, 6s. to the churchwardens of the said parish,
and 30s. for coals to the said parish, and the residue for
the said Company; and
Dame Thomasine Percival, by her will of the 12th
February 1508, gave to the Company certain messuages,
to apply the rents in performance of the will of her
husband, Sir John Percival, and also to pay—
To the churchwardens of St. Mary Woolnoth 8s. 0d.
And to five poor householders 5d. weekly 21s. 8d.
The Company are in possession of the property charged
by these wills, and pay a sum of 3l. 15s. 8d. annually to
the churchwardens of St. Mary Woolnoth, upon their
Christopher Pitt, by deed of the 16th August 1683,
gave to the Company 300l., the Company covenanting
to pay to six poor men or women 10s. quarterly each
There is no specific investment of the 300l. The
Company pay 12l. 12s. a year (guineas instead of pounds)
for six yearly pensions of 2l. 2s. each, to poor widows of
members of the Company.
Wm. Priestly's Charity.
William Priestly, by his will of the 2nd May 1620,
gave to the Company 250l., on trust to maintain eight
poor men, allowing them 1l. 6s. 8d. a year each, four of
the Company, and four of the parish of Hornsey.
The Company charge themselves with the annual payment of 10l. 13s. 4d., being the sum directed by the will,
and also with a further sum of 3l. 1s. 4d., making up
together 13l. 14s. 8d. The four pensions to the poor
freemen of the Company they have raised to 2l. 2s. each,
and the four pensions to the poor men of Hornsey
remain at 1l. 6s. 8d. each. The poor men at Hornsey
are chosen by the parishioners in vestry, and the
nomination is accepted by the Company. The Company pay the amount to the churchwarden for his
Samuel Proctor, by his will of the 1st February 1636,
gave to the Company 100l. in trust, to pay at Christmas
|Nine poor brethren 10s. each||4||10||0|
|To the clerk 6s. 8d., to the beadle 3s. 4d.||0||10||0|
The Company pay 5l. per annum, of which 4l. 10s.
goes to the poor account, and the residue to the
Dame Mary Ramsay's Charity.
Dame Mary Ramsay, by her will of the 8th July 1601,
gave to the Company 200l., to be lent at 5 per cent. to
brethren of the Company, and the profit distributed
towards the relief of the poor.
This, although supposed to be lost, is introduced in
the list of the loan charities.
The Charity is credited with the payment of interest
received on the loan fund which belongs to it. Thus,
in the year 1861, this Charity was credited with twoeighths of 27l., which had been received from the
executrix of one of the sureties of Mr. C. K. Thompson,
for two years' interest on 300l. lent to him under the
scheme, at 4½ per cent.
This amount, being 6l. 15s., was carried to the poor
Edward Renneck, by his will in 1656, gave to the
Company 100l., to be lent out to two young men, they
paying each 20s. a year for interest.
This is one of the loan charities which is credited with
the share of the interest received from the borrowers.
In 1861, 3l. 7s. 6d. was brought to this account, being
one-eighth of the interest received from the sureties of
Thompson, which was carried to the poor account of the
Sir Abraham Reynardson's Charity.
Sir Abraham Reynardson, by his will of the 10th May
1661, gave to the Company 300l., to pay 16l. a year, issuing out of a house in Cornhill, to six poor men and
six poor women of the Company.
The Company pay 16l. a year, in pensions of 1l. 6s. 8d.
each, to six poor freemen and six poor widows of freemen annually.
Henry Richards, by his will of the 29th January 1674,
gave to the Company 500l., to be lent to young men of
the Company at 4 per cent. interest, to be disposed of
amongst the poorest and most impotent widows, children,
and other persons. The fund is lent out under the scheme,
and the Charity is credited with its share of the actual
Thus in the year 1861, the Charity received credit for
the sum of 16l. 17s. 6d. for two years' interest due on the
300l. lent to C. K. Thompson, at 4½ per cent., which was
paid by the executors of the surety.
There is a class of 10 pensions of 2l. 2s. a year each,
to poor women, widows, &c., habitually paid as arising
from this gift, and the fund is made up when the interest
falls short, by the requisite sum paid out of the poor account of the Company.
T. Roberts' Charity.
Thomas Roberts, by his will of the 14th April 1824,
gave to the Company 2,000l. consols (or South Sea annuities) upon trust, to distribute the dividends among
the poor almswomen on Tower Hill.
The bequest, which was a specific one, was satisfied by
the appropriation of 2,000l. old South Sea annuities, and
has since been paid off. The Company made up the sum
received in respect of this stock to 2,000l., which was
afterwards invested in 2,108l. 0s. 9d., 3 per cent. consols,
producing annually 63l. 4s. 9d. The Company pay the
dividends to the almshouse account.
Sir Thomas Rowe's Charity.
Sir Thomas Rowe, by his will of the 11th August 1565,
gave to the Company all his messuages and hereditaments in London, to distribute 40l. a year among 10
poor freemen of the Companies of Clothworkers, Carpenters, Tilers, Plasterers, and Armourers.
And by deed of the 4th June 1569, he gave 100l. to be
lent to poor housekeepers of the Company.
The Company hold property in Thames Street, under
the above devise, and apply 40l. a year, in pensions of
4l. each, to two members of each of the above Companies.
On the occasion of any vacancy two candidates are
chosen by the particular Company, who attend before
the Charity Committee, with the beadle of the Company,
and the committee select one as the new pensioner.
The loan fund of 100l. forms part of the fund dealt
with, and reported on, under the head of Loan
Charities. (fn. 10)
Richard Shepham, by his will of the 20th July 1604,
gave to the Company 100l. to be lent to four poor young
And by a codicil of the 28th July 1604, he gave to the
Company 50l., and the interest laid out in clothing.
The interest on this latter sum, amounting to 2l. 10s.
a year, is carried to the almshouse account. The 100l.
first mentioned forms part of the loan charities, and is
dealt with under that scheme. There is no interest from
Abigail Solly, by her will of the 9th July 1719, gave
to the Company all her lands at Godstone, Surrey, to
apply the rents in repairing the tombstone of her
brothers, and to apply the surplus amongst poor men
and women in December yearly.
The devised land consists of about 20 acres of land,
without buildings. It is let to Mr. Henry Steer, yearly
tenant, at a rent of 13l. a year.
The tombstone of the testatrix is situated in Bunhill
Fields, and in the year 1861 the sum of 6l. 11s. 3d. was
expended in its repair.
There had been no expenditure from 1856 to 1861.
The residue is paid to the poor account of the Company.
Nicholas Spencer, by will of the 3rd July 1597, devised to the Company a messuage and shop in Little St.
Thomas the Apostle, upon condition to pay 52s. a year
to Doddington parish, in the Isle of Ely, and 3l. 13s. 8d.
to the parish of St. Thomas the Apostle, London.
The property charged with this gift has been sold for
City improvements, and the money has been paid into the
Court of Chancery. The Company pay 2l. 12s. a year
to the churchwardens of Doddington, and 3l. 13s. 8d. to
the churchwardens of St. Thomas the Apostle, upon their
Charities of Stint, Rawthorne, Lane, and Lee.
In the year 1638, —Stint, Jeremy Rawthorne, William
Lane, and Walter Lee, gave to the Company 50l. apiece, to pay yearly 12l. to 24 poor aged brethren.
The Company pay 12l. a year, representing the interest
of 200l., which they carry to the poor account.
(See Elwes' Charity.)
The Rev. William Stuart, D.D., by his will of the
10th November 1733, gave,—
"Unto his wife Mary Stuart, the sum of 2,500l. for
her to enjoy all the interest of the said sum during her
life, and after the decease of his said wife (in case he
should die childless), the said sum of 2,500l. to be
equally divided between his nephew, the Rev. Charles
Stuart, and his niece Mary Stuart, and to their or either
of their children to be enjoyed by them and the survivor
of them, but in case his said nephew and niece should
die unmarried, or by their marriage should have or
leave no children behind them, then the said testator
declared his will was, and he did thereby give unto the
Head Master of Merchant Taylor's School, in London,
for the time being, and to the President and fellows of
St. John Baptist's College in Oxford, for the time being,
the sum of 1,250l. (being one moiety of the before mentioned sum of 2,500l.), and the other moiety of the said
sum of 2,500l. he gave and bequeathed unto the Head
Master of the said school for the time being, and unto the
Masters and Fellows of Pembroke Hall (now Pembroke
College) in Cambridge for the time being, in trust,
nevertheless, that the Head Master of the said school,
and the heads and fellows of the said two colleges respectively, should within two years after they were
entitled to their respective moieties lay out the same in
the best manner they could devise to answer for ever
the design for which he gave the same, and which design
was set forth in the said will in the following terms
(videlicet):—That a boy who has continued in Merchant
Taylors' School five years at least, in hopes of being
elected out of it, and has come to the nearest to it, and
yet lost the election for no fault in morals or defect in
learning, but by superannuation only, that the said
scholar may have no reason to think his time lost, or
himself unhappy upon that account, the interest and
profits annually arising out of that 1,250l. which I have
given to the Head Master of Merchant Taylors' School,
and to the President and Fellows of St. John Baptist's
College in Oxon, in trust, I have given for the use and
encouragement of that one superannuated scholar that
shall enter himself in the said College of St. John
Baptist's, Oxon, to be enjoyed by him for the space of
eight years, and no longer, or for so long only as he
shall reside there, and duly perform all the exercises
that the statutes of that university and of the said
college required of scholars, bachelors, and masters of
arts. The other 1,250l. which I have given in trust to
the Head Master of the Merchant Taylors' School aforesaid, and to the Master and Fellows of Pembroke Hall
in Cambridge, I design for the use and encouragement
of another scholar of Merchant Taylors' School that
shall be superannuated as aforesaid, and shall enter
himself of Pembroke Hall in Cambridge, and he shall
receive and enjoy all the interest and profits arising
from the said 1,250l. for the space of seven years from
his first entry in that university, or for so long time
only as he shall reside there and duly perform all the
exercises that the statutes of the college and university
require of scholars, bachelors, and master of arts. As
soon as the term of eight years shall be fully completed
by the said superannuated scholar in St. John Baptist's
College in Oxon, and the term of seven years shall be
completed by the other superannuated scholar in Cambridge, the payment of the interest of each of the said
sums of 1,250l. shall be discontinued to them respectively, and as often as it shall happen that there shall be
no scholar in Merchant Taylors' school actually superannuated in the manner above required from the expiration
of the term allowed as above to each of the said scholars
for their enjoyment of the said interest to the time that a
scholar in the said school shall be superannuated as
above, whatever interest shall become due, the Master of
Merchant Taylors' school with the Heads and Fellows of
the two colleges above mentioned shall have hereby
power to demand and receive, and shall be obliged to
add it to that 1,250l. from whence the said interest shall
arise, for the augmentation of the said sum, and the
better support of the said superannuated scholars for
the future. But if there shall be in the said school a
scholar that shall have actually lost the election by
superannuation only within a year after the expiration
of either the terms allowed as above to either of the said
scholars in Oxford or Cambridge, then and in that case
the interest that shall become due for that year shall not
be reserved as above mentioned, but it shall be given to
and be enjoyed by the boy that shall be superannuated
within that year. And the testator gave certain directions as to the investment of the said trust funds during
the lives of his wife, nephew, and niece. And he
appointed the Head Master of Merchant Taylors' School,
and the President and Fellows of Saint John Baptist's
College, Oxford, and the Master and Fellows of Pembroke Hall, Cambridge, all for the time being, his
executors, in trust for his said donation."
The said testator departed this life shortly after
making his said will, and without having revoked or
altered the same, and the same was duly proved in the
Prerogative Court of the Archbishop of Canterbury on
the 14th day of November 1734.
Upon the petition of the Master, Fellows, and
scholars of the College of Valence Mary, commonly
called the Pembroke College in the university of
Cambridge, and of the Rev. John Power and the
Rev. Wm. Haig Brown, two of the fellows of the
said college, on the 18th day of June 1855, preferred
unto the Master of the Rolls,
It was ordered that the agreement therein mentioned
entered into by Pembroke College, Cambridge, and the
Merchant Taylors' Company be carried into effect, and
it was ordered that the Master, Fellows, and scholars of
Pembroke College should, on the 1st day of December
1855, transfer the said sum of 3,036l. 17s. bank 3 per
cent. annuities standing in their names in the books of
the governor and company of the Bank of England into
the name and with the privity of the Accountant-General
of the court, in trust in the cause "Stuart v. AttorneyGeneral," and the said Accountant-General was to declare
the trust thereof accordingly, subject to the further
order of the court. And it was ordered that it be referred
to the proper taxing master of this court to tax all
parties their costs. And it was ordered that so much
of the 3,036l. 17s. bank 3 per cent. annuities, when so
transferred as therein-before directed, as would be sufficient to raise the amount of such costs when taxed, be
sold with the privity of the said Accountant-General, and
out of the moneys to arise by the said sale, it was
ordered that the costs be paid as therein directed. And
it was ordered that two equal seventh parts of the residue of the said 3,036l. 17s. bank 3 per cent. annuities
which should remain after the sale therein-before directed, and two seventh parts of any dividend on the said
bank annuities accrued prior to the sale, be carried over
with the privity of the said Accountant-General, in trust
in the said cause, to an account to be entitled "The
Account of the Master, Fellows, and Scholars of Pembroke College, Cambridge," and the said AccountantGeneral was to declare the trust thereof accordingly,
subject to the further order of this court. And it was
ordered that the said two sevenths of the said dividends
and the dividends to accrue due on the bank annuities when so carried over be from time to time as the
same should become due, paid to Pembroke College
Cambridge, to be applied by them in providing a
scholarship to be called "The Stuart Scholarship," for
such student of the said college as the said Master,
Fellows, and scholars should from time to time elect,
such scholarships to be subject to such rules and regulations as to the continuance and enjoyment thereof as
the said Master, Fellows, and scholars should from time
to time direct. And it was ordered that the remaining
five equal seventh parts of the said residue, the amount
to be verified by affidavit, and five seventh parts of any
dividend on the said bank annuities, to accrue prior to
the sale therein-before directed, be carried over in
trust in the said cause, to an account to be entitled "The
Account of the Master and Wardens of the Merchant
Taylors of the fraternity of St. John Baptist in the city
of London." And it was ordered that the said five
seventh parts of the said dividends, and the dividends
to accrue due on the said bank annuities when so carried
over, and the dividends to accrue due on the said bank
annuities to be purchased as herein-after directed, be
from time to time, as the same should become due, paid
to the Merchant Taylors' Company, to be applied by
them in providing one or more exhibition or exhibitions
at the university of Cambridge, to be called the Stuart
exhibition or exhibitions, for scholars brought up in the
Merchant Taylors' School, who should have been four
years in the said school, and who should be proceeding
to any college in the said university, such exhibition to
be enjoyed for such term, not exceeding four years respectively, and to be subject to such rules and regulations
in regard to the residence or otherwise as the master,
wardens, and court of assistants of the said fraternity
should from time to time establish, but no such exhibition should be enjoyed by any scholar who should have
previously been elected to a Parkins exhibition. And it
was ordered that the elections to such exhibitions be by
the said master, warden, and court of assistants, at such
times and in such manner as they should from time to
time appoint. And it was ordered that any income of
such exhibitions be from time to time invested by the
said master and wardens in like annuities by way of
addition to the existing capital fund.
The sum of 2,052l. 7s. 5d. consols stands in the Court
of Chancery to the credit of the cause of Stuart v. The
Attorney-General, the dividends amounting to 61l. 11s.
4d. being paid to an exhibitioner from the Merchant
Taylors' School to some college in the university of
Cambridge. There is a balance of 63l. 16s. 5d. cash
arising from vacancies, which will be invested in increase
of the capital stock.
Thomas Sutton, by will of the 26th May 1432, gave
to the Company all his lands and tenements, with a
wharf in St. James, Garlickhithe, and certain lands in
Trinity the Less, for the relief of the poor in their almshouses near the hall, and for superstitious uses.
The property consists of the following particulars:—
|Warehouse in Thames Street, let to the
British Copper Company for 61 years,
from Lady-day 1818||152||2||0|
|No. 7, Great Trinity Lane, let to Edward
Bartholomew for 21 years, from March
|No. 5, Great Trinity Lane, let to William
Cooke for 10 years, from Lady-day
|No. 6, Great Trinity Lane, and No. 2,
Little Trinity Lane, let to G. H.
Turnbull for 21 years, from Lady-day
|No. 1, Little Trinity Lane, let to William
Dunham for 12 years, from Christmas
The property is subject to a quit rent of 1l. 6s. (of
which 4s. is deducted for land tax and 11d. for property
tax), payable to the Duke of Bedford.
The whole residue of the income is carried to the
Thomas Thomlinson, by will of the 6th April 1567,
gave to the Company a messuage in St. Mildred, in the
ward of Broad Street, at the coldest time of the year to
provide two loads of coal at 16s. a load, for the most
needy of that parish; and to Christ's Hospital 20s. a
The property devised to the Company is situated in
St. Mildred's Court, Poultry, and has been lately sold
to the Goldsmith's Company, who were the reversioners
of a long lease of 999 years. The Company pay 2l. 12s.,
that is to say, 32s. to the churchwardens of St. Mildred
and 20s. to Christ's Hospital.
Charities of Thomas and Susannah Townsend.
Thomas Townsend, by his will of the 16th May 1789,
gave to the Company a leasehold house in Broad Street,
to apply the rents (after his wife's decease) in supporting
a Thursday evening lecture in St. Michael, Crooked
Lane, except in Passion Week, when it might be on
And the testator directed that the rents should be
applied as follows:—
|To the clergyman||5/10ths.|
|To the parish clerk for candles, &c.||2/10ths.|
|To a fund for renewing the lease||1/10th.|
|To the Master and Wardens, out of which
40s. to the clerk||1/10th.|
|Towards defraying the poor's rate of the
parishes of St. Michael, Crooked Lane,
and St. Benet Fink||1/10th.|
And Susannah Townsend, by her will of the 28th
July 1810, gave to the Company 200l. per annum, long
annuities, for the use of the lecturer, instead of the
house, which bequest was void.
The sum of 4,525l. reduced three per cent. annuities,
which stands in the corporate name of the Company, as
stated in the last report (Vol. 17, p. 460) as the ultimate
fund arising from the sale of the long annuities found
upon the Chancery proceedings to be applicable to this
Charity, produces a dividend of 135l. 15s. a year, which
is thus disposed of:—
|The lecturer, the Rev. Richard Whittington||75||8||4|
|The lecturer is chosen by the
Master and Wardens, and is changed
every third year. It is generally
given to one of the Masters of the
School. The lecture is preached on
Thursdays in the parish of St. Magnus the Martyr.|
|The parish clerk of St. Magnus the
|The Churchwardens of St. Michael,
|The Churchwardens of St. Benet Fink||7||10||10|
|The Officers of the Company||15||1||8|
John Tressawell, by his will of the 1st March 1518,
gave to the Company a quit rent of 6s. 8d., and a
cottage and garden, and another quit rent of 1l. 6s. 8d.,
to distribute the same in most pure and perpetual alms
The property devised by this will is,
|The house, 61, Bread Street, let to
James Holyland (now assigned to
Messrs. Copestake & Moore) on
lease for 21 years from Michaelmas
1848, at a rent of||170||0||0|
|There is also a rent-charge paid by
Mr. Christopher Wren, an auctioneer
in Brighton, which is only part o
the 1l. 6s. 8d., which has been received by the Company for many
|A quit rent on property called the
Saracen's Head, Bread Street, now
belonging to the Company and
leased to Daniel McAlpine||0||6||8|
The whole is carried to the poor account of the
Company. (fn. 11)
William Tudman, in the year 1657, paid to the Company 250l., in consideration whereof the Master and
Wardens, by deed of the 5th June 1657, covenanted
to pay 12l. a year to the parish of St. Mildred, Poultry;
and in consideration of a further sum of 50l., the Company agreed to pay 50s. to the poor.
The Company pay the 14l. 10s. a year, of which 12l.
is paid to the churchwarden of St. Mildred, Poultry,
and 2l. 10s. is carried to the poor account.
W. Tudor's Charity.
William Tudor, in 1655, gave to the Company 50l.,
to pay 50s. to the poor of the Company.
The Company carry 50s. a year to the poor account
of the Company.
Sir William Turner's Charity.
Sir William Turner, by his will, gave to the Company 300l. to pay 3l. apiece to three poor clothworkers.
There is no specific investment of the money. The
Clothworkers' Company nominate two persons for each
of these pensions, when a vacancy occurs, and the
Merchant Taylors' Company elect one. They are always
John Vernon, by his will of the 10th October 1615, gave
to the Company 60l. to pay yearly 3l. 6s. 8d. as follows:—
|To St. Michael Cornhill parish for bread||2||8||0|
|For a sermon in the church on the day of
|To the clerk and beadle||0||2||0|
|To the sexton for keeping his monument
And the testator gave 1,500l. to the Company to purchase land of the yearly value of 83l., to be paid as
|For 4 exhibitions at St. John's College,
|For the release of poor prisoners in
|To the three Wardens, 5s. each, the Clerk,
3s. 4d., and 1s. 8d. the Beadle.||1||0||0|
|For 10 aged men of the Clothworkers',
Woolwinders', Carpenters', Tilers', Plasterers', and Armourers' Companies||40||0||0|
|For clothing for such 10 men (the money
to be expended every three years)||7||10||0|
And the testator directed the remaining 50s. to be laid
up yearly, for three years, and 10s. given to the 10 poor
men on St. John's Decollation day, and the remaining
7l. the testator was to take allowance of in his next
And the said testator gave to the Company three
houses, in St. Edmund the King, London, to pay 93l. a
year, as follows:—
|To 12 poor aged and needy men of the
|To four poor men, reversioners (26s. 8d.
|To the officers of the Company for a
And he directed the remaining 12l. 10s. to be laid up
for three years, and with the before-mentioned sum of
7l., making altogether 44l. 10s., to be expended—
|For clothing for the 12 poor men and four
|For clothing for the reversioners||6||13||4|
|To the 16 men on St. John's day||0||16||0|
|To the stock of the house||10||0||8|
And the testator gave 30l. to the Company to be lent
out at interest, and applied in the purchase of two
And he also gave 200l. to the Company as a stock for
the purchase of coals.
And the testator gave the residue of his effects, after
the payment of his debts and legacies, to be laid out in
the purchase of land to be applied to some good use to
The legacies of 60l., 1,500l., and 200l., together with
the residue, made up a sum of 2,915l. 6s. 9d., for which
the Company charge themselves with interest at 5 per
cent. It has never been invested.
|2,915l. 6s. 9d. at 5 per cent.||145||15||4|
The property devised by the will consists of the
|House in Plough Court, Lombard Street,
let to Hanbury & Co., chemists, for 21
years, from Christmas 1845||75||0||0|
|No. 33, Lombard Street, let to Frederick
T—Giles, exor. of Charles Glenny,
for 11 years, from Christmas 1855||160||0||0|
|No. 34, Lombard Street, let to Elizabeth
Collinson, and Jane Collinson, for 11
years, from Christmas 1855||220||0||0|
|No. 32, Lombard Street, let to William
Salt, for 61 years, from Christmas 1813||100||0||0|
|To this the Company from their proper
funds add 24l. per annum to make up the
four Exhibitions to 10l. a year each||24||0||0|
The disbursements of the Company on account of this
|The minister 21s., clerk 2s., and sexton
6s. 8d. of St. Michael, Cornhill. These
sums are paid in the vestry room on
the 23rd December, when the Company
attend the church||1||9||8|
|The churchwardens of St. Michael Cornhill, for bread, paid on the receipt of
|To the Prison Fund Account (see my rereport under that heading)||16||0||0|
|Two yearly pensions of 4l. each to poor
clothworkers, who are elected by this
Company from some nominated by the
|Two yearly pensions to woolwinders or
woolmen (nominated in the same way)||8||0||0|
|One yearly pension to a carpenter (nominated in the same way)||4||0||0|
|One yearly pension to a tiler (nominated
in the same way)||4||0||0|
|Two yearly pensions to plasterers (nominated in the same way)||8||0||0|
|Two yearly pensions to armourers (nominated in the same way)||8||0||0|
|Twelve poor freemen of the Company, at
6l. each pension||72||0||0|
|Four poor freemen of the Company, at
2l. 2s. each||8||8||0|
|Four exhibitions of 4l. a year each, to
students in divinity at St. John's College, Cambridge, which exhibitions the
Company have raised out of their own
funds to 10l. a year||40||0||0|
|The amount retained yearly for the third
of the cost of the gowns and cloaks||21||19||2|
|In the year 1860 the coats and cloaks cost
68l. 9s. 8d., and the surplus beyond
65l. 17s. 6d. being charged to the Charity, made the residue somewhat less
in that year.||—|
|The Master, Wardens, Clerk, and Beadle
of the Company||2||11||0|
|The residue is carried to the poor account
In 1860 it was 517l. 17s. 4d., and
In 1861 it was 519l. 19s. 6d.|
|£724||15||4 (fn. 12) |
James Wilford's Charity.
James Wilford, by his will in the year 1514, gave to
the Company a rentcharge of 9l. 13s. 4d., out of the
"Saracen's Head Inn," Friday Street, upon trust, to
|Towards repairing the highway between
Riverhill, Kent, and Northyam, Sussex||7||0||0|
|To the poor of St. Bartholomew, Royal
|To the parson, for a sermon in Passion
|To the Wardens, Clerk, and Beadle of
The rentcharge is paid out of the estate charged,
which belongs to the Company. The Company pay. To
the churchwardens of St. Bartholomew, by the Exchange, deducting land tax, 1l. 12s. To the minister
1l. 1s., clerk 5s., and sexton 2s. 6d.; in the whole
1l. 8s. 6d. To the officers of the Company, 6s. 8d.
The sum of 7l., deducting 1l. 8s. a year therefrom as
land tax, is annually paid. The last authority was signed
by the churchwardens of Rye and two parishioners and
inhabitants of Rye, and the same officers and the same
number of inhabitants and parishioners of Northyam.
From the fund saved after the deduction of the land
tax, the Company have increased some of the above payments, as appears by the foregoing statement, and carry
the residue, amounting to 14s. 2d., to the poor account.
John Wilford's Charity.
John Wilford, by his will of the 4th February 1550,
and subsequent codicils, gave an annuity of 14l. to the
Company, 13l. thereof to be bestowed in repairs of
the highways next adjoining the parish of Mitcham,
Surrey, and the remaining 1l. to the Master, Wardens,
and officers of the Company.
After the testator's death, his eldest son, James Wilford, granted an annuity of 4l. 13s. 4d. (one-third of the
said annuity of 14l.), to one James White, charged upon
freehold property in St. Bartholomew's parish, and
which annuity was assigned to Richard Botyll, an agent
of the Company. John Wilford, testator's second son,
secured the remainder of the 14l. per annum by granting
an annuity of 9l. 6s. 8d. to the said Richard Botyll,
charged on premises in Mark Lane and Fleet Street,
and Richard Botyll bequeathed the two annuities to the
The rentcharges are collected by the Company, and
amount, after the deduction of 2l. 16s. land tax, to the
sum of 11l. 4s. a year. 10l. 8s. a year is paid alternately
to the churchwardens of the several parishes of Mitcham,
Streatham, Sutton, and Carshalton, their receipts being
accompanied by a certificate of the surveyor of the highways that the amount has been expended in repairs.
The remaining 16s. is paid to the officers of the
John Williams' Charity.
John Williams, by will of the 12th November 1712, gave
to the Company 50l., to pay six poor cutting tailors or
their widows 3l.
The sum of 3l. a year is paid by the Company to the
John Wooller, by will of the 26th March 1617, gave to
the Company 24l. a year, to be issuing out of a tenement
in St. Magnus the Martyr parish, and applied as
|To two poor women in the Company's
almshouses near Tower Hill||5||4||0|
|To Christ's Hospital||5||0||0|
|To Bridewell Hospital||2||0||0|
|To poor prisoners in London||4||0||0|
|To the poor of St. Magnus, London||1||0||0|
|To the poor of Brighton||1||0||0|
|To a poor scholar of St. John's, Oxford||2||0||0|
|For fuel for seven poor almswomen||1||0||0|
|Towards a potation for the Company||1||0||0|
|To the Company's officers||1||16||0|
The rentcharge of 24l. a year is paid by the proprietors of Fresh Wharf, Thames Street, and they add
8l. a year for an increase to the exhibition, making it up
to 10l. a year.
|The Company pay—|
|To the churchwardens of Brighton||1||0||0|
|To the receiver of Christ's Hospital||5||0||0|
|To the receiver of Bridewell Hospital||2||0||0|
|To Mr. Temple, the officer of the City
of London for poor prisoners||4||0||0|
|To the churchwardens of St. Magnus||1||0||0|
|To an exhibitioner at St. John's, Oxford,
nominated by the court of the Company||10||0||0|
|To the officers of the Company, master,
wardens, clerk, and beadle||1||16||0|
|To the almshouse account||5||4||0|
|£30||0||0 (fn. 13) |
Randolph Woolley, by will of the 23rd June 1615,
gave to the Company 240l., to pay to two poor men of
this Company, and to one poor man of the Clothworkers'
Company, 4l. a year each, 12l.
And he also gave to the Company 100l., to pay to the
Free School, Wolverhampton, 5l. a year.
And he also gave to the Company 50l., to pay to an
almswoman 52s. yearly.
And he also gave to the Company 100l. to be lent in
free loan, to four poor young men of the Company.
The sums amounting altogether to 392l. (taking the
gift of 50l. to be 52l.), are credited to the Charity at
5 per cent. per annum, producing 19l. 12s. a year.
|The Company pay—|
|To the Master of the Grammar School
|To the Usher of the Grammar School
|Two pensions of 4l. a year each to the
Merchant Taylors' Company||8||0||0|
|One pension to the Clothworkers' Company (nominated as in other cases)||4||0||0|
|To the almshouse account||2||12||0|
The Company's books give no trace of the receipt of
the 100l. on the loan account; but it is included in the
fund under the decree. (See Loan Account.)
From the several Charities, the following sums are
annually carried over to the almshouse account:—
|Wm. Parker's Charity||7||10||0|
The number of almswomen at the almshouse at Lee,
are 29, with an additional house for the superintendent.
|Each recipient receives as an ordinary
allowance 27l. per annum||783||0||0|
|Roberts' allowance of 2l. each||58||0||0|
|Gift of 10s. each at visitation||14||10||0|
|The clothing for the almspeople, 1861||53||6||4|
|Stationery and books||2||2||0|
|Pew rents at Lee church||22||10||0|
|Salary of superintendent and donation||79||1||0|
|Nurseryman, seeds, &c.||10||17||2|
|Sweeping chimneys and sundries||5||0||0|
|Rates and taxes||42||17||6|
|Repairs (1861) about||50||0||0|
The expenditure, so far as the Charities fall short,
is made up out of the funds of the Company. The
surplus expenditure for some years past has varied from
50l. to 300l. or thereabouts.
The Poor Account.
The following sums are carried over to this account:—
|Stint and others' Charity||12||0||0|
A sum of about 500l. a year is administered to poor
freemen and their widows, according to the cases laid
before the Charity Committee of the Court of Assistants
in sums varying from 1l. to 10l. or thereabouts.
On this account there have been created two classes
of yearly pensions not falling under any specific Charity.
There are 10 pensioners of 12l. a year to poor freemen
of the Company, and 12 pensioners of 20l. a year to
almswomen who are widows of Liverymen, not in the
Some other sums are paid out of this fund for the
increase of various pensions given under several of the
Charities. These amounted together in 1861 to 16l. 2s.
The total payments in that year amounted to 876l. 2s.
There was at the end of 1861 a balance of cash to the
credit of the poor account of 1,013l. 19s.
An information was filed against the Company by the
Attorney-General, at the relation of George Everitt, in
January 1833, praying that the Company might be
charged with the following sums:—
and that the same might be applied and made available
to the use of the freemen of the Company according to
the gifts, and that it might be referred to the Master to
settle a scheme for the same. The decree was made by
the Master of the Rolls on the 27th November 1834, on
the admission by the Company of the receipt of the
several sums mentioned, and it was referred to the
Master to settle the interest due on the sums therein
named, and also to settle a scheme. The Master made
his report on the 27th April 1835, approving the following scheme.
|Sir Thomas Rowe||100||0||0|
|Dame Mary Ramsay||200||0||0|
1st. That the said sum of 1,300l. together with the
amount of interest on the said sum of 500l., after deducting thereout 470l. 13s. 10d. for the taxed costs of the
said relator and defendants, and such further costs as
the court may direct, be from time to time lent out by
the defendants with the assent of the said Company, in
several sums of not less than 50l. each, and not exceeding
300l. each, for a term not exceeding four years according
to their discretion, at such a rate of interest as shall
yield an annual income of 32l. per annum at least, that
being the amount of interest directed by the wills and
deeds of Dame Mary Ramsay, Edward Renneck, and
Henry Richards, to be reserved and to be applied by
the Company annually to certain charitable uses therein
2nd. That such portion of the said principal sums
which at any time may not be out on loan or not to be
required for that purpose, and would otherwise be in
the Company's possession, should be invested in Government securities as the defendants with the assent of the
assistants should think proper, and the dividends to
arise thereon to be applied in the first place in making
good any deficiency there may be in the receipt of the
32l. per annum so devoted to charity as aforesaid, and
in the next place, in case there shall be no such deficiency
or a surplus after providing for the same, such dividends
or surplus to be distributed annually amongst the poor
of the Company at the discretion of the said defendants
with such assent as aforesaid.
3rd. That the said defendants shall not be liable to
make good any loss that may arise from the failure of
the orrowers of any portion of the said principal money
or their sureties, unless such loss shall arise from the
wilful default or neglect of the said defendants.
4th. That the borrowers shall be respectively required
with two sureties each, such sureties to be approved by
the said defendants, to enter into a joint and several
bond to the same defendants, in a penalty of double the
amount, but the condition of such bond to be in form
and substance or to the effect following (that is to say),
That if the borrower, his heirs, executors, or administrators, shall well and truly pay or cause to be paid unto
the said defendants, their certain attorney, successors,
or assigns, the sum of money borrowed at the expiration
of the time for which such sum may be agreed to be
lent, together with interest for the same in the mean
time payable quarterly, And if it shall happen that the
said borrower shall die, fall to decay, or dwell out of
the city of London, or out of the bills of mortality before
the day of payment, then that if the heirs, executors,
or administrators of the said borrower shall well and
truly pay or cause to be paid unto the said defendants,
their successors or assigns, the sum borrowed with the
interest within 60 days next after such the death of the
said borrower, or his decay, departure, or dwelling out
of the city of London, or out of the bills of mortality, which of them soever shall first happen, and also
that if the sureties named in the bond or either of them
shall happen to die, fall to decay, depart or dwell out
of that part of Great Britain called England, before the
said day of payment, then that if the said borrower or
the survivor of the said sureties or either of them within
60 days next after such the dying, decaying, or dwelling
out of England of them or any of them, shall find, name,
cause, and procure such other able and sufficient person
or persons as by the said defendants or their successors
shall be thought fit and allowed of to be bound by their
obligation to be sealed to the said defendants or their
successors in the stead and place of him or them so
dead, decayed, departed, or dwelling out of England,
in such sum and with such condition and in such sort
as he or they which shall be so dead, decayed, departed,
or dwelling out of England shall then stand bounden,
or else should pay or cause to be paid unto the said
defendants, their successors or assigns, the sum of money
borrowed, with the interest, within 60 days next after
such the dying, decaying, departing, or dwelling out of
England of them or any of them, which of them soever
should first happen, without fraud or delay, then such
bond to be void, otherwise to be in full force and virtue.
5th. That the clerk of the said defendants for the time
being shall be at liberty to charge the borrowers respectively the usual and necessary charges for preparing
and completing each bond.
6th. That when any portion of the principal money
aforesaid shall be in the said defendant's possession to be
lent out, advertisements shall be inserted in two or
more of the daily newspapers at the discretion of the
said defendants offering to lend out the same pursuant to
the terms of this scheme, and notice thereof shall be put
up in some conspicuous part of the hall or premises of
the said Company in Threadneedle Street in the said
7th. That a book shall be provided by the defendants
and kept by their clerk, in which shall be entered the
names and residences of the respective borrowers and
their sureties, their respective profession or business, the
sums lent, the times of making the loans, and when
payable, with the interest thereon, and such other particulars as may be thought material or necessary.
The cause came on to be heard on further directions
on the 3rd June 1835, when it was ordered that the
scheme be carried into execution, with the following
variation in the second clause:—
"That the expenses attending the purchase or sale of
any funds belonging to the Charity from time to time be
in the first place paid out of the dividends to accrue due
on such of the money as may be invested in bank
The loan fund and interest made together 1,345l., from
which the taxed costs of 547l. 11s. were deducted, leaving
797l. 9s., which ultimately forms the capital of the loan
fund. The court of the Company, on the 27th October
1835, ordered that the said sum should from time to
time be lent out by the Master and Wardens.
Mr. Fisher, the clerk of the Company, has furnished
me with an account, showing the state of the fund at the
present time, of which the following is a copy:—
|Original amount of the fund||800||0||0|
|Amounts lost by the failure of
the following persons and
their sureties, viz.:—|
|G. H. Gilks||105||9||10|
|Present amount of the fund||£634||10||2|
Of which 200l. is out on loan to Mr. Stanley Peel
Cannon, for four years from 18th November 1862, at
4½ per cent. per annum, and the remainder (434l. 10s. 2d.)
F. L. Hopkirk,
Accountant to the Company.
Merchant Taylors' Hall,
3rd May, 1864.
Prisoners' Fund Account.
In the year 1850 the Company presented a petition to
the Court of Chancery, praying for a new scheme as to
the Charities of John Hyde, Robert Dowe, and John
Vernon, for the benefit of Poor Prisoners of London, in
which it was submitted that the allowance for the relief
of prisoners might be increased from 5l. to 30l. By an
order made on the hearing of the petition, it was referred
to the Master to inquire and state what alteration should
be made in the scheme in the petition mentioned for the
appropriation of the dividends and future surplus rents
of the trust estates.
The Master by his report of the 18th July 1850, found
(amongst other things) that difficulties had arisen in
carrying into effect the trusts, and that in the year 1818,
on the petition of the said Company, it had been referred
to him to approve of a proper scheme for the appropriation of a sum of 405l 11s. 0d., and of the future surplus
rents, and that in pursuance of the said order he had
made his report of the 31st May 1820, and thereby,
after stating that for a great many years prior to 1815
the said trust funds were wholly applied by the Company in the relief of poor prisoners, debtors, entitled to
discharge, but were unable to pay their prison fees,
but that since 1815, by reason of the Company having
doubts as to the correctness of the application of the
funds, the said Company had only partially applied
such funds for the relief of poor prisoners debtors, and
that there remained unapplied 405l. 11s., to which was
added 262l. 16s., the amount of the residue of the rents
for one year and a half, making together 668l. 7s.
And after stating the particulars of the said devised
estates, and of the several other funds belonging or
applicable to the said Charity, together with the charges
and payments directed to be made out of the rents
and profits of the said estates so devised by the said
John Hyde, as aforesaid, and that the said Master and
Wardens proposed that the said sum of 668l. 7s. should
be laid out and invested in the purchase of 3 per
cent., Consolidated Bank Annuities in the names of
the said Master and Wardens, and that the said Master
and Wardens should yearly and every year divide the
clear residue of the rents and profits of the estates so
devised by the will of the said John Hyde, into three
equal parts or shares, and should also divide the said
trust moneys or yearly sums of 20l. and 16l., so given
or directed to be paid by the said Robert Dowe and
John Vernon, and also the dividends of the stocks or
funds so proposed to be purchased with the sum of
668l. 7s. as aforesaid, into four equal parts or shares, and
should apply the same respectively in manner thereinafter mentioned (that is to say) with respect to one
equal third part or share of the said clear residue of the
rents and profits, and of one-fourth of the said other
trust moneys and interest, to pay and apply the same
for and towards the discharge of the poor prisoners
who for the time being should or might be confined for
debt in the new prison in Whitecross Street, London,
aforesaid, in the ward called the Giltspur Street
Compter Ward, from such debt or debts, or as he, she,
or they might be confined upon in such prison, not
exceeding 5l. in the whole, by equal monthly payments,
upon application to be made by any one or two or
more poor prisoners in such ward, and requiring
assistance to discharge the same, and that such
application should be made by petition in manner
prescribed by the form of the petition in the said report
mentioned; and that the said master and wardens also
proposed with respect to one other third part or share of
the residue of the said rents and profits, and of one other
fourth part of the other trust moneys and interest, that
the same should be applied for or towards the discharge
of poor persons confined in the said prison for debt,
whose debt or debts upon which he, she, or they might
be confined upon in the said prison did not exceed 5l. in
the whole, in the same division, in the ward called the
Poultry Compter Ward, and requiring assistance to discharge the same, to be applied for and certified upon
petition in the same manner as therein before was mentioned with respect to poor prisoners, and confined in
the same prison in the Giltspur Street Compter Ward
as aforesaid; and that the said master and wardens proposed with respect to the remaining one-third part or
share of the residue of the said rents and profits, and of
one other fourth part or share of the other trust moneys
and interest, that the same should be applied for or
towards the discharge of poor prisoners confined in the
said prison for debt, whose debt or debts upon which he,
she, or they should or might be confined upon in the
said prison did not exceed the sum of 5l. in the whole,
in the same division, in the ward called the Ludgate
Ward, and so requiring assistance to discharge the same,
to be applied for and certified upon petition in the same
manner as thereinbefore was mentioned with respect to
the poor prisoners confined in the same prison in the
Giltspur Street Compter Ward, as aforesaid; and that
the said master and wardens also proposed with respect
to the remaining one-fourth or share of the said other
trust moneys and interest, that the same should be applied
for or towards the discharge of poor prisoners confined
in the said prison for debt in the Middlesex division, in
the ward called the Newgate Ward, whose debt or debts
upon which he, she, or they should or might be confined
upon in the same prison should not exceed in the whole
5l., and requiring assistance to discharge the same, to be
applied for and certified upon petition in the same
manner as thereinbefore mentioned with respect to poor
prisoners so as aforesaid confined in the same prison in the
Giltspur Street Compter Ward, as aforesaid; and that it
was further proposed that in case at any monthly
meeting or court of the said Company the sum or sums
appropriated in any month under the said proposal
towards the discharge of the poor prisoners as aforesaid,
or any part thereof, should not be applied for or granted,
then that the monthly sum or sums appropriated and
applicable as aforesaid, or any part thereof which
should not be applied for or granted, should go and be
added to the monthly sum appropriated for the ensuing
month under the said proposal to and for the several
purposes aforesaid, to the particular ward whose monthly
sum or any part thereof should not have been applied
for or granted as aforesaid, and so from time to time as
often as the case should or might happen, and that every
petition to be presented to the said Company from time
to time by any poor prisoner from either of the said
wards or divisions, and requiring assistance to discharge
his or her debt or debts, and whose debt or debts upon
which he, she, or they should or might be confined did
not amount in the whole to the sum of 5l., should be presented, signed, and certified in manner thereinbefore
and thereinafter mentioned, and left with the clerk of
the said Company, at his office at the hall of the
Company, at least seven days previously to any monthly
court or meeting of the said Master and Wardens and
Court of Assistants of the said Company; and after
stating that a further sum of 175l. 4s. had been received
by the said master and wardens on account of the said
rents and profits, and other trust monies as therein
mentioned, which said sum of 175l. 4s. being added
to the said several sums of 405l. 11s. and 175l. 4s.,
made together the sum of 755l. 19s., and that he found
that notice had been given to the poor prisoners who
were confined for debt in the New Prison in Whitecross
Street, of the proceedings before him in pursuance of
the aforesaid order, and that they had declined to attend
him, the said master, or to lay any scheme before him
for the appropriation and application of the said trust
moneys, he found by his said report of the 31st day of
May 1820 that the nature of the said charities and the
several funds belonging thereto were such as were particularly stated in his said report, and he thereby
approved of the scheme therein-before stated for the
appropriation and application of the balance of the said
405l. 11s., and of the further sums of 175l. 4s. and
175l. 4s. then in the hands of the said Company, and
also of the future surplus rents of the trust estates and
other trust moneys given by the said deed of Robert
Dowe and by the said wills of John Hyde and John
Vernon, consistently so far as might be with the charitable intentions of the said donor and the several testators
respectively; and he further found by his said report
that the yearly rental of the said estates so devised by
the said John Hyde as aforesaid then amounted to the
sum of 160l., and that the specific payments by the said
will directed to be made thereout then amounted in the
whole to the sum of 20l. 16s. And he found by an order
of the court dated 31st day of July 1820 his said report
was confirmed, and it was ordered that the costs of the
said petitioners should be taxed and paid out of the
said balance or sum of 755l. 19s., and that the residue of
such balance should be invested in the purchase of bank
3 per cent. reduced annuities; and he found that the
said costs were duly taxed and paid out of the aforesaid
balance, and the residue thereof was invested in the purchase of 835l. 10s. 9d. Bank 3 per cent. reduced
annuities, pursuant to the said order of the 31st day of
July 1820. And he found by an Act of Parliament
passed in the seventh and eighth years of the reign of
Her present Majesty, intituled "An Act to amend the
"Laws of Insolvency Bankruptcy, and execution," it
was (amongst other things), enacted that from and after
the passing the said Act no person should be taken or
charged in execution upon any judgment obtained in
any of Her Majesty's Superior Courts, or in any county
Court of Requests or other superior court in any action
for the recovery of any debt wherein the sum to be recovered should not exceed the sum of 20l. exclusive
of the costs recovered by such judgment, and it was
also enacted that all persons in execution at the time
of the passing of the said Act upon any judgment
obtained in any of the courts aforesaid in any action
for the recovery of any debt wherein the sum recovered
should not exceed 20l. exclusive of the costs recovered
by such judgment, should and might upon the applica
tion of any such person or persons for that purpose made
at any time after the passing of the said Act to a judge
of one of Her Majesty's superior Courts of Law at Westminister, or to the court in which such judgment should
have been obtained to the satisfaction of such judge or
court, be forthwith discharged out of custody as to such
execution by an order of such judge or court. And he
found that after the date of the said order of the 31st
day of July 1820, and so far as circumstances would permit, the said Company applied the said trust property
for the relief of prisoners for debt, pursuant to the
before mentioned scheme, and that since the said Act
came into operation there had ceased to be in the aforesaid prison any prisoners to the relief of whom the said
trust property could be applied according to the terms
of the said funds had been appropriated for the benefit
of such prisoners, and that the surplus had from time to
time been invested by the said Company in bank 3l. per
cent. reduced annuities, and that there is now standing
in the names of the said master in the books of the
Governor and Company of the Bank of England the sum
of 2,291l. 5s. 2d. bank 3l. per cent. reduced annuities,
purchased with such surplus unappropriated trust
moneys as aforesaid, together with the said 835l. 10s. 9d.
bank annuities. And he found that the said trust property
consisted of the said hereditaments devised under the said
will of the said John Hyde of the 8th day of September
1604, the average net annual rental whereof for the last
five years after deducting the aforesaid charges and other
expenses therefrom has been 127l. 19s. 2d. or thereabouts, and of the said annual sum of 20l. under the said
gift of the said Robert Dowe, and of the said annual sum
of 16l. under the said gift of the said John Vernon, and
of the said 2,291l. 5s. 2d. Bank 3 per cent. reduced
annuities. And it was submitted on the part of the petitioners the Merchant Taylors' Company, that the beforementioned scheme should be varied by increasing the
amount of debt in respect of which prisoners were or
might be relieved, from not exceeding 5l. to a sum not
exceeding 30l., and in consideration of the several circumstances in the said petition and herein-before
mentioned, the Master was of opinion that the aforesaid
scheme for the appropriation of the dividends of the said
2,291l. 5s. 2d. reduced annuities as well as the future
surplus rents of the said trust estates and other trust
moneys should be altered by increasing the amount of
debt in respect of which the prisoners before referred to
might be relieved according to the said scheme to a sum
not exceeding the sum of 30l.
This Report was acted upon up to the period of the
New Bankruptcy Law, since which time there are no
applications for relief of this nature.
The present state of the Prison Funds is as follows:—
|The accumulation of unapplied dividends,
invested in 2,390l. 6s. 2d., reduced
3 per cent. annuities.||71||14||0|
|Hyde's gift (say about)||428||0||0|
In addition to the foregoing sum, which all except
Hyde's is dedicated to the four prisons jointly, and Hyde's
to the Giltspur, Poultry, and Ludgate wards only, there
is on the
|Giltspur Ward Account (year 1861) — 1,085l. 0s. 3d., 3 per cent. reduced||32||11||0|
|(Subsequently 300l. cash has been
invested, leaving a balance at the end
of 1861 of 81l. 15s. 11d. cash.)|
|Ludgate Ward Account—1,155l. 3s. 6d., 3 per cent reduced annuities||34||13||0|
|(300l. cash has subsequently been
invested, leaving at the same date a
balance of 79l. 13s. 3d. cash.)|
|Poultry Ward Account — 1,035l. 3s. 8d., 3 per cent. reduced annuities||31||1||0|
|(To this 300l. cash has been added
by investment, leaving at the same
date a balance of 51l. 17s. 2d.)|
|Newgate Ward Account. —111l. 5s. 5d.,
3 per cent reduced annuities||3||6||9|
There is therefore, at the present time, nearly 6,000l.
reduced stock in the hands of the Company to the
Prisoners' Fund Account.
All which I submit to the Board.
Inspector of Charities.
28th June 1864. (fn. 14)
Rules and Regulations for the future Management and Conduct of Great Crosby School.
The Master shall be a clergyman of the United Church
of England and Ireland. He shall occupy the schoolhouse and premises without paying any rent for the
same, but shall keep the said school-house and premises
in good and tenantable repair and condition, and shall pay
all rates and taxes and other outgoings in respect thereof.
His fixed stipend shall be the sum of 120l. per annum,
payable quarterly, and there shall also be paid to him,
at the expiration of each quarter, the further sum of 5s.
for each boy taught in the school, whose name shall have
been upon the school register during the whole of such
quarter. He shall be further entitled to share in the
quarterages as hereinafter provided. The Court of the
Merchant Taylors' Company will expend such sum, not
exceeding the sum of 20l. per annum, as shall appear to
them necessary, in or towards the substantial repair of
the school premises and for the insurance of the same
against loss or damage by fire. They will also pay to
the Master the annual sum of 5l. towards the expense of
warming and lighting the school-room.
The Master shall be at liberty to perform such ecclesiastical duties as he may think fit on Sundays, but, with
this exception, he shall not hold or exercise any cure or
other employment whatsoever, either ecclesiastical or
civil, without the previous consent in writing of the
Court of the Merchant Taylors' Company. The Master
shall not be at liberty to take boarders.
The Usher shall be a member of the United Church of
England and Ireland. His fixed stipend shall be the
sum of 80l. per annum, payable quarterly, and there
shall also be paid to him, at the expiration of each
quarter, the further sum of 1s. 6d. for each boy taught
in the school, whose name shall have been upon the
school register during the whole of such quarter. He
shall be further entitled to share in the quarterages as
hereinafter provided. The Usher shall not be at liberty
to hold or exercise any other office or employment, which,
in the opinion of the Court of the Merchant Taylors'
Company, may interfere with the proper discharge of
his duties in connection with the school. In consideration of the services of Mr. Ritson, as Usher, there shall
be paid to him the further sum of 20l. per annum.
The number of boys to be admitted into the school
shall, for the present, be limited to 70, of whom not
exceeding 28 shall be called "Harrison's Scholars." No
boy shall be qualified to be a "Harrison's Scholar"
unless his parents or guardians shall be resident within
the parish of Sephton, and, if at any time there shall be
more applicants than vacancies, a preference shall be
shown to those boys whose parents or guardians shall
be resident within the township of Great Crosby. As
regards other boys, the school shall be open to all whose
parents or guardians shall desire to avail themselves of
its benefits, but, whenever there shall be more applicants than vacancies, a preference shall be shown, in the
first instance, to those whose parents or guardians shall
be resident within the township of Great Crosby, and,
in the next, to those whose parents or guardians shall be
resident within the other portions of the parish of
Sephton. No boy shall be admitted into the school
either as a "Harrison's Scholar" or otherwise, who shall
be under the age of eight years, nor unless he can read
and write competently, and no boy shall be permitted to
remain in the school after he shall have completed the
age of 17 years.
All applications for admission into the school shall be
made to the Master, and shall be upon printed forms,
which shall be issued by the Master to such persons as
shall apply for the same. The applications for admission
shall be submitted by the Master to the Visitors, and
shall be dealt with by them as hereinafter provided.
All boys admitted into the school shall, during their
continuance therein, conform to the rules and regulations for the time being in force, and any boy who shall
wilfully act contrary to such rules and regulations shall
be liable to expulsion.
The Master shall keep a register of all the boys who
for the time being shall be taught in the school; such register shall show the names and residences of the boys, the
names and occupations of their parents or guardians, the
dates of their admission and their ages at the time of
The ordinary course of education in the school, shall com
prise instruction in the Christian religion, in the English,
Greek, and Latin languages and literature, and in writing,
arithmetic, mathematics, geography, and history. Such
education shall be afforded to the "Harrison's Scholars"
without fee or reward, but for each of the other boys
there shall be paid to the Master, to be accounted for by
him to the Court of the Merchant Taylors' Company,
the quarterly sum of 25s., payable in advance. Each boy
not being a "Harrison's Scholar" shall pay an entrance
fee of one guinea, which shall be applied, under the
direction of the Court of the Merchant Taylors' Company, in support of the school library.
There shall also be taught to those boys, whose parents
and guardians desire the same, but subject to separate
charge, the French language and drawing, and such
other subjects as the Court of the Merchant Taylors
Company shall from time to time direct. The arrangements as to such further instruction shall be made by
the Master, subject to the approval of the Court.
The religious instruction to be afforded in the school
shall, as regards all the "Harrison's Scholars," and as
regards all such other boys, whose parents or guardians
shall not express their conscientious objections thereto
in writing, be in accordance with the doctrines and discipline of the United Church of England and Ireland,
The "Harrison's Scholars" unless prevented by illness
or other reasonable cause, to be judged of by the Master,
shall assemble in the school-room every Sunday morning,
shortly before the commencement of divine service at
Great Crosby Church, and shall proceed thence to
Church, and, at the conclusion of the service, shall return to the school-room and shall be there dismissed;
in their progress to and return from Church, and during
their attendance thereat, they shall be accompanied by
the Usher, but the Master shall be responsible for the
due observance of this rule.
The Court of the Merchant Taylors' Company will expend such sum, not exceeding the sum of 20l. per annum,
as shall appear to them necessary, in the purchase of
books and stationery for the use of the school.
The Court will also expend such sum, not exceeding
the sum of 10l. per annum, as shall appear to them
necessary, in the purchase of books for prizes and
The quarterages which shall be received by the Master
in respect of the ordinary education in the school, shall
be applied as follows, viz., two equal fourth-parts thereof
shall be retained by him for his own use, one other
fourth-part thereof shall be paid by him to the usher,
and the remaining fourth-part thereof shall be applied
as the Court of the Merchant Taylors' Company shall,
from time to time, direct for the benefit of the school.
The boys shall be examined half-yearly in the months
of June and December; the examiners shall be from
time to time appointed by the Court of the Merchant
Taylors' Company, and shall hold their offices during
the pleasure of the Court. Immediately after each
examination, the examiner shall report the result thereof
to the Court, and shall receive for the same the sum of
5l. For the present, the Master shall be the examiner
at the December examinations.
The school vacations shall be at Midsummer and
Christmas; the former shall commence on the 21st day
of June, and last five weeks, and the latter shall commence on the 21st day of December, and last four
weeks; the following days shall also be observed as
holidays, viz., the Queen's birthday, Easter Eve and
Easter Monday, the 15th of May, (being the birthday
of John Harrison, the founder of the school,) the
29th September, and the 9th of November; in the event
of any of the aforesaid days being a Sunday the
holiday shall be kept on the Monday following.
There shall be a local visitation of the school by
Visitors appointed by the Court of the Merchant
Taylors' Company. The Visitors shall decide upon all
applications for admission into the school, but, in so
deciding, shall have regard to the rules herein-before
contained. They shall also have power to expel any
boy from the school for misconduct, but any such expulsion may be made the subject of appeal to the
Court by the parents or guardians of the boy so
The Master, with the concurrence of the Visitors, may
make such rules for the internal regulation of the
school as he shall deem necessary or expedient; but
such rules shall be of no force until approved by the
Court of the Merchant Taylors' Company. The Court
will also from time to time make such additions to or
alterations in the rules for the internal regulation of the
school as they may think fit. Copies of the rules for
the time being in force, shall be affixed to the walls of
the school-room in conspicuous places, and a copy
thereof shall also be given to the parents or guardians
of every boy upon his admission into the school.
The several rules and regulations herein-before contained are liable to be varied by the Court of the
Merchant Taylors' Company as they may think fit.
By Order of Court of the 2nd May, 1861.
Clerk to the Merchant Taylors' Company.