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City of London Livery Companies' Commission: Report and Appendix, Volume 4 online

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HARVARD LAW LIBRARY.



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CITY OF ioNDOiN LIVERY COMPANIES' COMMISSION.



REPORT AND APPENDIX.



crtJV



/

/



VOL. IV.



CONTAINING



(1.) Mr. HARE'S REPORTS on the CHARITIES administered by
the twelve ''GREAT COMPANIES''; and

(2.) The CHARITABLE ACCOUNTS, as rendered to the CHARITY
COMMISSIONERS, of the twelve '' GREAT COMPANIES,"
for the years 1880 or 1881.



^vtHntOi to tot^ fDon^ef of Vatrliimmtt tp <ECoiirouitai of fHfv 0lnit§tv*



LONDON:
PRINTED BY ETEE AND SPOTTISWOODE,



To be purchased, either direcUj or through any Bookseller, from any of the following Agents, viz.,

Messrs. Hansabd and Son, 13, Great Queen Street, W.C., and 32, Abingdon Street, Westminster ;

Messrs. Etse and Sfottiswoode, East Harding Street, Fleet Street, and Sale Office, House of Lords ;

Messrs. Adah and Chablks Black, of Edinburgh ;

Messrs. Alexahser Thou and Co., LnaTSD, or Messrs. Hodgb?, Figgis, and Ck>., of Dublin.



1884.
[C— 4073.-ni.] Price 6s. Sd.



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CONTENTS.



Errata and Addenda

Obeer^ations bj the Armoarers' and Braziers' Company as to eyidence of Mr. Lucraft

Detailedaooonntsof Mercers* Company . - - -

Mr. Hare's Report on the Charities administered by the Mercers' Company - . .

Appendix thereto -•••-. -

Charitable accoants of Mercers' Company .......

Mr. Hare's Report on the Charitiefi administered by the Grocers' Company

Appendix thereto • •- •- - - -

Oharitable aooonnts of the Grocers' Company . • - - .

Mr. Hare's Report on the Charities administered by the Drapers' Company » . .

Appendix thereto ••• - •.-.

K^liaritable accoants of the Drapers' Company -

Mr. Hare's Reports on the Charities administered by the Fishmongers' Company

Appendix thereto . - ....-•.

Charitable accoants of the Fbhmongers' Company . . • . .

Mr. Hare's Report on the Charities administered by the Groldsmiths' Company *

Charitable accoants of the Goldsmiths' Company • . • . .

Mr. Hare's Report on the Charities administered by the Skinners' Company

Appendix thereto ••••»•.•.

-Charitable accoants of the Skinners' Company -•••-.
Mr. Hare's Rep(H*t on the Charities administered by the Merchant Taylors' Company
Mr. Hare's Draft Report on Boone's Charity, administered by the Merchant Taylors' Company •
Mr. Skirrow's Report on Donkin's Charity, administered by the Merchaot Taylors' Company
Charitable accoants of the Merchant Taylors' Company . . . ,

Mr. Hare's Report on the Charities administered by the Haberdashers' Company
Appendix thereto •-•.*..

Charitable accoants of the Haberdashers' C<Hnpany - • . • .

Mr. Hare's Report on the Charities administered by the Salters' Company -
Mr. Simmons' Report on the Charities administered by the Salters' Company
Charitable accounts of the Salters' Company - • ^ .

Mr. Hare's Report on the Charities administered by the Ironmongers' Company -
Charitable accounts of the Ironmongers' Company ....

Mr. Hare's Report on the Charities administered by the Vintners' Company •-
Charitable accounts of the Vintners' Company - * • »

Mr. Hare's Report on the Charities administered by the Clothworkers' Company
Appendix A. thereto - - . -

Appendix B. thereto •.»•»....

Charitable accoants of the Clothworkers' Company . - . .



Page
iv

iv

V, vi

1-55

56-57

68-96

97-104

104-109

110-119

120-177

178-215

216-222

223-272

272-274

275-283

284-302

308-326

327-343

343-350

351-362

363-394

395-398

399,400

401-419

420-477

478-486

487-501

502-509

510

511-516

517-538

539-552

553-556

557-571

572-614

615-617

618-623

624-633



A i464C. Wt. 7056.



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IV



ERRATA AND ADDENDA,



L

Observations by the Armourers' and Brazisrs' Company on the Evidence of Mr. Lucbaft,.

inadvertently omitted from Vol. I.



SlE,



ArmoTirers' Hall, 81, Coleman Street,
LondoD, E.G., 16th February 1883.



I AM instmoted by the Company of Armonrers
and Braziers to call the attention of the City of London
LiTery Companies* Commissioners to certain inac-
curacies and omissions in the evidence ^vei^ before
them by Mr. Lucraft with reference to this Company,
which raise the inference that he has given his evidence
without having informed himself as ^o the tern^s of the
instruments creating the charities, the administration
of which he calls m question-. The only deduction
which can be drawn from Mr. Lucrafb's evidence as to
Thomas Dring's Charity is that the bequest of 20Z. was
given to the Company upon trust to invest that sum in
the purchase of land ; but on refereuQC to the will of the
testator it will be foimd that he expressly gave the
Company the option of either laying out the money in
the purchase of some freehold estate, or otherwise
employing it at interest. Mr. Lucraft is also in error
in stating that the objects of the testator's bounty were
" the poor," as the gift in. the will ig expressly limited
to the "poor of the Company." He adds that the
Company now grant 4il: per annum to the poor,'wholly
ignoring the fa^, which appears on their returns, that
the Company voluntarily augment the income of the
charity by the sum of 58Z. per annum.

It may be remarked that one reason which would
probably have been sufficient in itself to prevent the
Company from investing this money in the purchase of
freehold land was the difficulty which they must un«
doubtedly have encountered of finding any profitable
investment in freehold land for so small a sum as 20L,
bearing in mind the fact that the costs of the purchase
would, strictly speaking, have to be first deducted from
that sum.

The attention of the Commissioners is called to the fact
that the Company have, ever since the testator's deafch,
paid interest on the amount of the bequest at the rate of



20Z. per cent, per annum, not taking into account the
amoimt l^ which they have voluntarily augmented the
income of the charity ; and it is submitted that they have-
done far more than they were under any legal obliga^
tion to do.
In his evidence aib to John Scott's Charity also,

..Mr. Lucraft states that the object of the charity was to
benefit the poor ; but this statement is inaccurate, as the
gift in the will is to the poor of the Company only, and

.not to the i)Oor eenorally. He fhrther states that the
Company still omy pay 4Z. per cent, on the amount of
the original bequest, making no reference whatever to
the fact shown by the returns of the Company that the
income of the charity is volimtarily augmented by the
sum of SOI. per annum. "*

The Company cannot but regret that the Commis-
sioners should have felt themselves justified in publish*
ing this evidence, which, on the face of it, is at variance
with the returns sent in by the Company, without
having first given them an opportunity of contradicting
or explaining it ; and I have to request, on their behalf,

..that this letter may* be published, with the evidence
taken by the Commissioners.

I am, &c.,
(Signed) Mabshall Pontimu,
H. D. Warr, Esq., Secretary, Clerk,

Livery Companies Commission,



Sm,



City of London Livery Companies Commission,
2, Victoria Street, Westminster, S.W.,
.24th February 1883,
I BEG to acknowled^ the receipt of your letter
of the 16th inst., which sh^l be laid before the Com*
missioners in due course.

I am, &c.,
(Signed) H. D. Warr,
Marshall Fontifez, Esq., Secretary.

Armourers' Hall.



11.

Wherever it is not stated as a heading to the returns of any Company contained in
Vols. 2 and 3 that " the returns were delivered under protest,*' these words are to be
considered added. All the Companies protested against the inquiry as illegal.



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CITY OF LONDON LIVERY COMPANIES COMMISSION.



MERCERS' COMPANY.



TO THE OHABITY COMMISSIONERS FOB
ENGLAND AND WALES.

In pursuance of a Minute of the Board of the 13th day
of November, 1860, 1 have inquired into the condition



and ciroUniBtances of the Charities under the manage*
ment of the MercerB* Cofnpany, of the CUy of London, and
I have stated in the Beport under the head of each
specific endowment the result of my investigation.



PABT I.







Page


Banck*s Charity - . . .
Bennett's -„


. 1
. 6


Blnndell's „ • . * .


. 6


Bradbury's ,,.-••


. 6


Campden's (Viscount) Exhibitions


. 6


Campden's (Viscountess) Charities


. 7


Chertsey's Gift . . . -


- 8


Clarke's „ . - . -


. 8


Collier's School at Horsham


. 8


Dauntsey's Charities


- 10


Fermor's Charity - - . .


. 11


Fishbome's Charities


. 11


Greeham's (Sir Thomas) Charities


. 14


Gresham's (Lady) Charity


. 14


Hun^erford's »» •
Martm's » -


. 14
. 14


PABT II.




Mercers' School


. 14


Morley's Charity •




• 16


North s Exhibitions




. 15


Band's Charity




. 15


Bich's Charities -




. 16


Bobinson's Exhibitions




- 16


Bowe's Gift




. 16


St. Paul's School .




. 17


Savage's Charity -




. 18


Sermons in Lent •




. 21


Trinity Hospital (Greenwich)
Warren's Gift


. 28
. 39


Whittington's Almshouses


. 39


PABT in.




MoNBT Lbgact Chabities.




Sir J. AUen's Gift .


. 44


Appowell's „ -




. 44


Banck's „ •




. 44


Barkley's




- 44


B. Barnes' „ -




. 44


B-Bames*




. 45


M. Barrett's „ -




• 45



Baskerfield's ,
Berkenhead's ,.
Birkbeck and others
Blundell's Gift
Brown's „
Clarke's „
Damsell's „
Dauntsey's „
A.Duckett's,y
L.Duckett's„
Elkeyn's „
Ferrer's „
Floyer's „
GKbson's »,
Goldsmith's ,,
Herdon's „
Hilson's „
Langham's „
Leigh's „
Marsh's „
G. Martin's „
B. Martin's „
Mice's Almshouses
Perry's Gift
Bich's „
Bivett's ,,
Statham's „
Symonds' „
WalthaU's „
Westall's .,



Gift



PABT IV.



Money Legacies for Loaks,

Dormer's Charity
Culver well's „
Sharle's „

Bobinson's „
Qnarle's „

Holliday's ,»
Poole's ,,

Jno. Duckett's „
Sleiffh's „

Sir Samuel Mice's Charity



45

45

45

45

45

46

46

46

46 •

46

46

46

46

46

46

47

48

48

48

48

48

48

49

49

49

49

49

50

50



52
52
52
52
52
52
52
52
52
52



The title of this Company is '*The Wardens and
** Commonalty of the Mystery of Mercers of the City of
" London."

The Company consists of four wardens, the senior of
whom is caUed master warden, the next upper warden,
the next house warden, and the fourth renter warden.
The senior warden vacates his office every year, and is
supplied by the next in rotation. The renter warden is
elected annually by the Court of Assistants. The
Court of Assistants are composed of *dO or 40, according
as the wardens are or are not included in the number.
The present number of assistants is 31. They elect the
members to fill the vacancies in their body from the
livery. The liverymen are called (except in a few
cases) by tiie court from the freemen to take up their
livery. A person becomes free of the Companv b^
patrimony, servitude, or by honorary election, ratn*
mony admits all the chil&en of freemen. Servitude
must be by seven years actual servitude to a freeman in
any business.

The Court of Assistants is divided into the working
court and the nominal court, as some members for
special causes are excluded from voting in the court,
and are not summoned.

There is no person carrying on the trade of mercer
on t^e list of the company.

Courts are generally held four times a year, at
which all the Company is summoned, and there are
occasionally extraoitlinary genend courts.
A 14546.



Bahck's Chabitt.

John Bancks conveyed to Sir Baptist Hicks and
others by an indenture of the 12th May 1619 a messuage
and appurtenances in Holloway, Middlesex, and also
three crofts, containing 6 acres on trust to pay the rents
after the grantor's death to the Mercers Company, who
should for ever dispose of all the same as follows :^







£ $, d.


To Christ's Hospital -




.500


Seven sermons




- 7 14


Benter warden




.10


Company's chaplain -




.068


„ clerk




- 10


beadle -




.034


„ sexton -




.068


Dinner every third or fifth


year


-300


Three workmen




.060


Company of barber surgeons
Clerk of that company


.10
.020



And the said John Bancks also by his will gave 200/. to
be lent to young men of the Company yeany from five
years to five years for ever at the rate of 53». 4d, yearly
for evQry lOOZ. (and not 32. per cent., as stated in the
report of the Commissioners (a Inquiry, VoL 6, pa^ dOT),
The Company seem erroneously to have admitted in
their answer m the suit hereafter referred to, a liability
to 3{. per cent, instead of 21 ISf . 4d.

A



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oirr or london livery companies commission:



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The payment to Christ's Hospital was purchased by
the Company nnder the Acts for the redemption of the
land tax in the year 1811.

The Company at the time of the Report of the
Commissioners of Inquiry was in the habit of ap^ying
no more than 171. per annnm to charitable purposes ;
although the income of the estate had considerably
increased. The Commissioners observed that the case
appeared to stand in the same circumstances as Sir
Tnomas Bennett's Charity, and that the excess ought
to be disposed of amongst the different objects of the
oharifcy. An information was filed on the 2l8t December
1821 in the Court of Exchequer by Sir Robert Gifford,
Knight, then Attorney General against the Mercer's
Company and the trustees of the estate, praying that it
might be declared that the said Company wore mere
trustees for the distribution of the income of the
Charity estate, and that an account might be taken of
the rents and profits of the said Charity estates received
by the Baid Company since 1816, and of the application
thereof, and that they might answer and pay what
should appear to have been -received by them beyond
what they had applied to the purposes of the said
charity, and that an account- mignt oe likewise taken
of the interest accruing frem the sum of 2001. be-
queathed as aforesaid ana that the said Company might

ay into court in trust in the cause what should be
ound to have been received by them in respect thereof
from 8U<ih time as the court should -think fit to direct
and that it might be referred to the master to approve
of a scheme for the dae application of the arrears of the
said rents and interest of all future income arising from
the said estate and the said sum of 200Z., and that in
the meantime, if necessary, a receiver might be
appointed of the rents and profits of the said estate with
all usual powers, and that such further and other
directions and orders might be given for the due
administration of the funds of the said Charity as the
nature of the case might require.

The cause came on to be heard on the 27th April
1826, and on the 30th May 1826 the Lord Chief Baron
declared the company to be trustees of the rents and of
the augmented income of the said estate and of the
interest of the said 200Z., and that the surplus rents and
interest after answering the several payments of the
deed of 12th May 1619 were applicable to the same
purposes as the said J. Bancks directed the rents of
such estate to be applied to by same deed, without pre-
judice, nevertheless, to the question how far the Com-
pany were entitled to partake of the said increased rents
with reference to their share in the said original rent
given them by the said deed, and directed accounts to
be taken of the said rents accordingly. And it was
referred to the master to takd an account of the 200Z.
directed by the will td be lent to young men as therein
mentioned and to receive pr6posals from the Attorney
General and the defendants for the application of the
surplus rents of the estate in question and of the
interest of the 200L and to tax the costs.

The Company appealed to the House of Lords and
the judgment on the appeal was pronounced on the
16th July, 1828« affirming the decree in the Court
below ; on the principle which had been laid down in
the case of Bennett's Charity. The Master made his
report on the 25th July 1831, and foxmd that the com-
pany had possessed and received for rents and profits
of the Cluurity estate and for interest accrued on the
said 2002., from the 21st December 1821, to the 30th
May 1826, the date of the decree the several sums men-
tioned in the first schedule thereto annexed, amounting
in all to 404L 10«. Od,, and allowing thereout payments
to the amount of 53Z. 16«. 4(2., the Master charged the
Company with 350L 138. Sd. in their hands on balance
of rents of the said estate, and for interest on the said
200L, but such balance was insufficient to pay the costs
of the said decree and order respectively directed to be
taxed and paid out of the funds that should be reported
due from the company arising from the increased rents
of the estates in question.

And he found that the annuity of 5Z. to Christ's Hos-
pital in the year 1811 was purchased by the Company
n'om the hospital under the authority of certain Acts
of Parliament for the redemption of the land tax, and
such purchase money was paid by the company out of
the funds then in their hands virhich had arisen from
the rents of the said charity estate.

Ajid he approved of the following scheme for the
future application of the surplus or increased rente of



the estate in question and the interest of the 200Z.»
according to the purposes pointed out by the said deed
of 12th May 1619.

That the following annual salaries or stipends shall
be paid out of the increased rents and profits of the
said estate and the interest of 2001., viz. :
For 7 sermons to be preached by learned £ s. d.
divines in the Mercers' Church yearly
upon the days pointed out by the deed
of 12th May 1619, viz. : at Midsummer
day, Michaelmas day, the day of the
Confirmation of the New Wardens of
the Company, and the four (General
Court days of the Company : For each
sermon, 4 gpiineas - - - 29 8

To the Bicnter Warden of the Company

for his care and pains - - - 4 10

To the Company's Chaplain - - 1 10

To the Clerk of the Company - - 2 5

To the Beadle r . - - 15

To the Sexton or Keeper of the Chapel - 1 10

That -after payment of the said annual sums and all
outgoings charged on the said estate and all proper
charges for managing the estates and collection of the
rent (such charges not exceeding 4 per cent, on the
clear rental) the~residue of the rents and interest, with
the addition thereto of the annual sum of 52. therein-
after directed to be retained out of the proportion of the
residue thereinafter allotted to Christ's Hospital shall
be divided into seven equal parts.

That ^ye of such sevenparts shall be paid yearly to
the treasurer of Christ's Hospital (after retaining there-
out theannual'sum of 5Z. , the amount originally allotted
by the donor to Christ's Hospital, and by them sold in
1811 to the Company) to be applied by the governors of
the hospital to the purposes pointed out in the schedule
to the indenture of the 12th May 1619 if practicable or
expedient, and: if the same shall be found not to be
practicable or expedient, then to be applied to the
general purposes of the hospital.

That one other of such seventh parts shall be yearly
paid to the Company of Barbers, and laid out by the
master wardens and assistants of the said company in
the purchase of good- warm woollen coats and cloaks
and other articles of wearing apparel or bedding, and
beef and bread, to be distiibuted in the manner directed
by the said J. Bancks on the 11th May yearly to such
number of poor householders or widows of the said last-
mentioned Company as in the discretion of that Com-
pany shall be deemed proper. But nevertheless the said
master, wardens, and assistants are to be at liberty in
cases of emergency and where it shall appear that a
small pecuniary assistance would be usefmly bestowed,
to make such donation in money as to them shall be
deemed necessary, such donation not to exoeed 20^. ;
and in no case shall any person ei^'oy the benefit of this
charity that shall be in receipt of parochial relief.



Online LibraryGreat Britain Great Britain. London livery companies commissionCity of London Livery Companies' Commission: Report and Appendix, Volume 4 → online text (page 1 of 169)