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

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1858.

Murphy, Daniel - 21 years from Christmas
1852.

M«;Lean, Francis • 3 years from Midsum-
mer 1862.

Hardinpr, Walter - 21 years from Michael-
mas 1868.

Davidson, Jacob - 21 years from Christmas
1852.

Andrew, R. J, - 21 years from Michael-
mas 1850.

Miles, John - - 21 years from Midsum-

mer 1860.

Carter, William - 21 years from Christroiis
1852.

Miles, John - - 21 years from Midsum-

mer 1849.

Andrew, R. J. - 21 years from Christmas
1852.

How, James - 21 years from Christmas

1853.

French, Mrs. - 21 years from Christmas

1862.

Binnington, J. - 21 years from Michael-
mas 1858.

Barter, James - 21 years ftpom Lady-day
1858.

Norman, John - 21 years from Christmas
1852.

Tatum, Mrs. - 21 years from Michael-

mas 1858.

Saunders, Henry - 21 years from Christmas
1852,

Wood, E. J. - - 21 years from Christmas

1852.

Davies,Q. E. - 21 years flrom Michael-

mas 1858.

A sum of 876^. 5«. 8d. Consols, the produce of a
fine taken on the property m Primrose
Street, as mentioned in the Master's Report.



Annual
Rent.



£ ft. d.
200



67 16 6

14

14 7 6

22



20

20

16

23 1



45

80

44
20
80
22

20 1

21 14

45
26
28 1

22
22
80
25
20
25
22
22
25

6



11



8



£1,001 7 2



The entire ftind is applicable and is applied to two
objects, the poor of the Company, and the maintenance of
the Hall.



The moiety for the benefit of the poor of the Company
was appropriated in the last year ending Lady-day 18^-

£ s'd.

To the widows in class C. - - - 469 19 6

Ditto cbiss D. - - - 30 14 2

^600 13 8

And the same method of application is generally
followed.

The other moiety is carried to the general funds of the
Company, which is subject to the necessary repairs of the
Hall and property.*

Southwood's Charity.

William Southwood (trustee of Sir Martin Bowes), by
his will of the 23rd October 1557, gave to the Company
messuages and lands in St. Mildred, Poultry, and aUo
property in St. Matthew, Friday Street, to be employed as
follows :

£ 8. d.
To a preacher of St. Mary Woolnoth on the
9th of November - - - -

To each of the wardens - - -

To each of the assistants - - -

To each of the renters present
To the clerk and beadle - - -

To every ahnsman present . - -

To the clerk of the church - - -

For a dinner ....

To the churchwarden for a potation
To one almsman kept at Goldsmiths' Hall
To the parish of St. Mary Woolnoth for
bread to the poor - . -

To the poor of the parish of Woolwich for
ditto - - - . .

To the parish of North Cray for ditto

I refer in this case to the proceedings in the Court of
Chancery since the last report, set forth in the report on
Sir M. Bowes* Charity.

The estate comprised in the will of Southwood now
consists of —



6


8


1


4


1





2





1


4





4





8


3





9





3 11


8


2





2





2






No. (5), formerly 2 to 4 St. Mildred's
Court, in the parish of St. Mildred,
Poultiy, let to Haggftrd and Weston
on a building lease for 61 years from
Lady-day 1836

No. 5, 6, 7, St. Mildred's Court, let to
the trustees of the London Joint Stock
Banking Company on a building lease
for 61 years from Lady-day 1836

No. 8 & 9 St. Mildred's Court, let to
the same lessees for the same terms •

No. 4, Princes Street, same lessees and
same term ....

No. 5, Princes Street, same lessees, same
term . . - - -

No. 3, Princes Street, let to the Metro-
politan Life Insurance Society on lease
for 61 years from Lady-day 1836

There is also a sum of 553/. 128, 3d,
31. per cent. Consols the produce of an
investment of a sum of money received
as mentioned in the foregoing Master's
report- ....



£ 8, d.



45



250

180

105

325



200



16 12 6
£1,121 12 2



The same five persons as receive the 13/,
a year each nx>m Bowes' estate receive
also 12/. a year from this fund - 60

The greater part of the fiind is then
carried to the pension fund : —

Class B. - . - - 543 16 1

Class C. - - - - 494 17 5

The residue is applied as follows : —
Gifts at the visitation of St. Mary
Woolnoth, the fund being paid to
the parish officers and distributed by
them (1861-1862) - - - 20 18 8



Carried forward



1,119 12 2



* BoGBR Mundie's Charity.

By an order of the Board of the 26th August 1870, the
trustees were authorised to sell 1 1 houses, numbered from
25 to 35, both inclusive, situate in Primrose Street,
Bishopsgate, for 9^25/.



One moiety of this sum belonging to the Charity was
invested in the purchase of 5,067/. IBs. Sd. Consols^ m the
name of the Official Trustees of Charitable Funds.



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MR. hare's report.— goldsmiths' company.



291



£ 8. d.
Brought forward - - 1,119 12 2

This comprised in the year ending Lady-
day 1862—

£ 8. d.
The minister in lieu of the

6*. 8rf. - - 1 1

Organist - - 10 6

Qerk - - - 6

Sexton - - - 2 6

Beadle - - - 1

Poor of the parish - 5 19 8

„ additional - - 10 10

(This 10/. 10«. additional

gratuity is partly in

satisfaction of l^e 3/. a

year directed to be given

to the poor of St. Mary

Woolnoth in coals by

Sir Martin Bowes, de-
ceased.)
54 children attending the

church at 6i. - - 1 7

22 almsmen 1«. each - 1 2
(The Conunissioners of

Inquiry mention one

almsman as receiving a

shilling,and being styled

Sir Martin Bowes'

almsman. The whole

of the almsmen attend-
ing now received \8,

each. There is no gift

specifically representing

" the ' alnumen kept at

the Gold8mith8' SaW'

mentioned in the will).
The amoUnt varies ac-
cording to the greater or

less attendance of the

almemen.



£20 18 8



The parish of North Cray on the re-
ceipt of the incumbent

This is constantly increased by the
voluntary gift of 10/. IO5. to the poor
out of the funds of the Ck)mpany. This
gift is referred to in the Master's report.



2



£1,121 12 2



Brocklbsby^s Charity.

Robert Brocklesby, by his will of the drd Septeitber
1615, ^ave to the Company 40*. a year for five poor men
at Christmas and Good Friday at 4*. a piece at each
distribution.

This gift, which is for poor persons generally, the Com-
pany carry to the account of the Pensioners, Class D. There
18 no record of any investment of the principal of this gift,
which appears to have been a sum of 34/. the receipt of
which the Company acknowledged by a deed poll of lo25.



Chbney's Charity.

Itichard Cheney, by his will of 29th June 1625, gave to
the parish of St. Mary Woolnoth, London, a parcel pf
mann ground at West Ham, Essex, and charged the same
witii 4/. for four poor men of the Company at the discretion
of the Company.

The churchwardens of St. Mary Woolnoth pay the
Goldsmiths' Company 4/. a year. It is paid to the aoooimt
of the poor of the Company in the Hackney Almshouses.
{See Morrell's Charity.)

Croshawb's Charity.

Richard Croshawe, by his will of the 26th April t6dl
gave to the Company 400/., to pay 20/. yearly to 20 poor
working goldsmitns.

There has \)een no specific investment nor charge of this
sum of 400/., but 20/. a year is carried to the account of
the male pensioners. Class D.

Curkton's Charity.

Harry Osbom (/ureton, by a deed dated the 9th February
1838, made between himself of the one part, and the



Wardens and Commonalty of the Mystery of Goldsmiths
of the other part, reciting that he was desirous of founding
and perpetuating a charity for the relief of poor blind aged
men, free of the said Company, who had served their
apprenticeship to the craft of goldsmithery, and of such
other poor blmd persons as were therein-a^er mentioned,
to be called " Cureton's Charity." And that he had
transferred into the name of the said wardens and com-
monalty in the books of the Governor and Company of the
Bank of England the sum of 3,000/. New 3/. lOs, per cent,
annuities, it was witnessed that for the purpose of
founding and perpetuating the said charity, and declaring
the trusts of the said stock it was thereby declared, imd
agreed, and they, the said wardens and commonalty,
thereby for themselves and their successors covenanted
with the said Harry Osbom Cureton, his executors and
administrators, that they the said Wardens and Com-
monalty should stand possessed of the said sum of 3,000/.
New 3^/. per cent, annuities upon and for the trusts and
purposes following, that is to say, upon trust during the
natural life of him the said Harry Osbom Cureton, to pay
to him and his assigns or otherwise to permit him and
them to receive the dividends which should from time to
time accrue, and become payable for and in respect thereof
for his and their own use and benefit, and for that purpose
to execute and give such power or powers of attorney, and
do such other acts as might be necessary or proper for
enabling him the said Harry Osbom Cureton and his
assigns to take and receive the said dividends as he the
said Harnr Osbom Cureton should reasonably require in
that behalf. And it was declared and agreed that in case
the said Harry Osbom Cureton should happen to die on
any day not being one of the half-yearly aays on which
the said dividends accrue [and become due and payable on
or in respect of the said trust stock, then and in such case
the executors, administrators, or assigns of the said Hairy
Osbom Cureton should not be entitled to any rateable
share or proportion whatsoever of the dividends to accrue
due at the expiration of the then current half year, and
from and after the death of the said Harry Osbom
Cureton, they the said Wardens and Conmionalty should
stand possessed of the said sum of 3,000/. New 3^/. per
cent, annuities, and the dividends then accruing or there-
after to accrue due upon or in respect thereof upon trust
by and out of the said dividends, to pay to each of five
poor persons to be elected as therein-aner provided for,
and to be called and designated as " Cureton *s Pensioners,''
the clear yearly sum of 20/. during his or her natural life
(except and determinable as therein-after mentioned), and
to be paid half-yearly on the 28th May and the 21st Decem-
ber in each and every year or thereabouts, and in case any
person should be elected to be any such pensioner on any
day not being one of such half-yearly days as aforesaid,
then such person should on the next of such half-yearly
days receive such part only of the half-yearly sum of 10/.,
as should be proportional to the time which should have
elapsed from the day of such election, and in case any of
such pensioners should die on any day not being one of
such half-yearly days as aforesaid, then the said Wardens
and Commonalty should pay to the widow, widower, or
such one or more relative or relatives, friend or friends of
the deceased pensioner, as the Wardens and Court of
Assistants of the said Company should in their discretion
think fit, such part of the said half-yearly sum of 10/. as
shoidd have elapsed between such last preceding half-
yearly day of payment, and the day of his or her death.
And it was thereby declared and agreed that the election
of the said "Cureton Pensioners" should be in tiie
Wardens and Court of Assistants or other the Governing
Body for the time being of the said Company, who should
proceed to elect them in such manner as they usually
adopt in the elections of their pensioners. And it was
thereby declared and agreed that every such pensioner
should be at the least 50 years of age, and should have been
totaUy blind for 12 months before his or her election, and
should not be in the receipt or ei^joyment of any other
Blind Charity, or any endowment or public gift whatsoever
for the blind, and should not be in the possession or
receipt of any other income exceeding 2Sl, per annum, and
such persons (if any) as should be freemen of the said
Company of Goldsmiths and should have actually and
bon& fide served an apprenticeship to the cn^ or act of
goldsmithery, being otherwise duly qualified as aforesaid,
should be preferred and elected Wore any other person
whomsoever, and in case there should not be at any such
election any candidate or applicfmt or sufficient number
of candidates or applicants so qualified as aforesaid,
who should have served such apprenticeship, then such
candidates or applicants as should be freemen of the
said Company, or the widow of such freemen being
in other respects qualified as herein-before provided should

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292



CITY OF LONDON LIVERY COMPANIES COMMISSION :



have the next preference, and he elected before any other
person whomsoever^ and in case only there should not be
at any such election any candidate or applicant or suffi-
cient number of candidates or applicants so qualified as
aforesaid, being freemen or widows of freemen of the said
Company, then and in such case the vacancies or vacancy
should be supplied by the election of persons or a person
so qualified in all other respects as aforesaid, who should
be freemen or widows of freemen or freeman or the widow
of a freeman of the ci^y of London, and for the better
making such election, it was thereby declared that the
Wardens and Court of Assistants of the said Company as
soon as conveniently might be after the decease of tne said
Harry Osborne Cureton, and aften^-ards from time to time,
when any of the said pensioners* places should become
vacant, as soon as conveniently might be after the happen-
ing of every such vacancy, and before tliey should proceed
to any such election should cause to be advertised, at least
twice a week for four successive weeks, in two of the m >st
public daily London newspapers, that they intend to i)ro-
eeed on a day to be therem mentioned, not less than six
weeks and not more than eight weeks from the first
advertisement, to elect the said ^ve Cureton pensioners or
to supply such vacancy as the case might be, therein
stating the qualifications required for such pensioners, and
the order or priority of preference or eligibility as therein-
after declared, and the tune and place and manner in which
the applications and testimonials of the candidates or
applicants w ere to be made produced and left. And it was
thereby declared and agreetl that when and so often any
such election should be made the said Wardens and Court
of Assistants should cause the names or name of the
successful candidates or candidate, with their, his, or her
addresses or address, to be twice advertised in the same
two newspapers, within one fortnight after such election.
And it was agreed and declared that if any candidate or
applicant should neglect to comply with any of the forms
to De prescribed by the said Wardens and Court of Assist-
ants as to the making, producing, and leaving his or her
application and testimonials as aforesaid, or if any candi-
date or applicant should fail to make out to the satisfaction
of the saia Wardens and Court of Assistants that he or she
was qualified as therein-before provided for, such candidate
or applicant should not be eligible to be elected, notwith-
standmg that by reason of the want of candidates or
applicants of the class of which such person should be or
claim to be, the Wardens and Courts of Assistants should
be obliged to elect out of any other class of persons or alto-
gether to postpone such election. And provided further,
that if at any such election there should not be a candi-
date or a sufficient number of candidates of any of the
classes aforesaid, who should be duly qualified and eligible
as aforesaid to be elected to the place or places then to be
filled, the said Wardens an J Court of Assistants should
adjourn the election to fill up such vacancy or vacancies
as should not then be filled up to any other time not
more than three months from that perioa, and previous to
such election cause the like notice to be given by such
advertisements as aforesaid, and so from time to lime as
occasion might require. Provided always, and it was de-
clared and agreed that if the said Wardens and Court of
Assistants should be satisfied that any candidate or appli-
cant, although in all other respects qualified and eligible
as aforesaid, was a person who had been convicted of any
shameful offence, or was of dishonest character, or of
drunken or dissolute habits, and should make a minute
that such had been shown to their satisfaction, then and
in such case it should be lawful for the said Warr'ens and
Court of Assistants, if they should think fit, to pnss over
such person altogether, altnough by reason of the want of
candidates or applicants of the class of which such person
should be or claim to be, the said Wardens and Court of
Assistants be obliged to elect out of any other class
or to postpone such election altogether. Provided also,
that if after any person should be elected a pensioner as
aforesaid he or she should be ascertained to be in the
receipt or enjoyment of any other blind charity or any
endowment or public gift for the blind or in the receipt or
enjoyment of any income from any source exceeding 25/.
per annum, or be convicted of any shameful offence, or be
of dishonest character or of drunken or dissolute habits,
and the said Wardens and Court of Assistants, after having
investigated such matter, and heard such explanation or
answer as he or she might give therein, should be satisfied
that he or she was in such receipt or enjoyment, or had
been so convicted, or was of sucti character or habits as
aforesaid, then and in any of such cases it should be lawful
for them to declare the place of such pensioner vacant, and
to proceed to an election to supply such vacancy, as if
such pensioner had been dead or had resigned such pension,
and as to the annual sum of 5/.. being the balance or



residue of the said dividends after paying and providing
for the said five annual sums or pensions of 20/. each ;
and as to the proportions or parts of any of the said several
pensions which should at any time or times remain to be
disposed of or api)lied by reason of any vacancy in the
place of any sucb pensioner for or in respect of the time
which should elapse before the same should be filled up, it
was agreed that the said Wardens and Commonalty of the
said Company should stand possessed of the same upon
trust for or towards defraymg the costs charges and
expenses of or attending the execution of the several trusts
aforesaid, and after full payment and satisfaction of all
such costs, charges, and expenses, then upon trust to pay
over the surplus or residue thereof, if any, to any charitable
fund of the said Company, or to pay, apply, and distribute
the same to or for such charitaole purposes and in such
manner for the benefit of the poor of the said Company as
they the said Wardens and Court of Assistants should in
their discretion at any time or from time to time think
proper, it being the intent and meaning of the said Hany
Osborn Cureton, and hereby expressly declared, that the
application of the said surplus should be in the absolute
and uncontrolled discretion of them the said Wardens and
Court of Assistants. And it was agreed and declared that
if at any time the Parliament of this Kingdom should con-
vert the said sum of 3/)00/. New 3J/. per cent, annuities
into any other stock so us to produce a less income than
the present amount of the dividends thereon, or if from
any other cause the income of the said trust fund should be
diminished, then and in such cise the said several pensions
or annuities of 20/. each should respectively abate and be
diminished in proportion to such reduction. And it was
agreed that the said Wardens and Commonalty of the
said Company of Goldsmitiis, or their successors, should
not be answerable or accountable for any loss of the said
trust funds, or of any dividends or interest thereof, unless
the same shall happen or be occasioned by the wilful act
or default of the said Wardens or Commonalty or of the
said Wardens and Court of Assistants, and that no election
or other act or proceeding whatsoever, made or done in or
about the execution of the trusts aforesaid, should be void
or liable to be set aside, or in any manner whatsoever to be
questioned, nor should the said Wardens and Commonalty,
or the said Wardens and Court of Assistants, or any
person or persons whomsoever, be answerabl« or liable for
or in respect of the same for or by reason of any accidental
violation, omission, or neglect of any of the n)rms5 rules,
and directions Jierein-before prescribed, expressed, or
declared, or for or upon any other reason or ground what
soever, uuless the same should have been made in wilful
and fraudulent breach of the trusts of the deed. And in
case from any neglect, omission, or other cause whatsoever,
any time therein-before appointed for the giving of any
notice or the proceeding to any election, or the doing of any
other act therein-before mentioned, should have elapsed
without the giving, holding, or doing of such notice,
election, or act, the said Wardens and Court of Assistants
should nevertheless proceed to give such notice, make such
election, or do such act, notwithstanding such default
conforming as near as might be, or the circumstances would
admit, to the forms, rules, and directions therein-before
prescribed, expressed, and declared so far as the same should
be applicable thereto. Provided lastly, and it was thereby
lastly declared and agreed that the now abstracting deed
should be recorded in the book or books of the said
Wardens and Comn.onalty of the said Company of Gold-
smiths, in which their charities were usually recorded, and
should be therein entitled '' I he Gift of Mr. Harry Osborn
Cureton '* so that the memory thereof should be preserved
and j-erpetuated.

Subsequently to the deed Mr. Cureton by his will of the
lyth July 1848, bequeathed to the Company 2,000/. consols
in addition to the 3,000/., because the interest of the
3i per cents, having been reduced to 3J, and it lieiog
probable that it would be further reduced to 3/. per cent.,
the testator found that the former gift of 3,000/. would
not produce enough to pay his five pensioners their 20/.
per annum as set forth in his said trust deed. The Com-
pany would therefore by the bequest have the sum of
5,000/. 3/. per cent, consols, being 50/. over and above the
sum required for the payment of 20/. to each of his five
pensioners. And he declared his will that the five pen-
sioners should have out of the annual produce of the wnolc
amount of the fund given to the Goldsmiths' Company
and settled by the deed aforesaid, and bequeathed by his
will a pension or annual sum of 20/. each ; and he directed
that at every election for one or more pensions the Prime
Warden should have 40*., and each of the other three
Wardens 20«. if they attend the election. That the clerk
should have the sum of 40*. for his trouble, and the beadle
the sum of I5s. for his trouble, and that advertisements be



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ME. Hare's repokt. — goldsmiths' company.



^93



put into two or three of the principal London newspapers
two or three times six weeks before the election, and that
the names and addresses of successful pensioners be adver-
tised in the same newspapers, (the testator wished this to
be particularly attended to as he thought it would prevent
frauds) and aJter payment of the above-named sums to his
pensioners, and to the wardens, clerk, and beadle, and
the expenses of printing papers for the use of the candi-
dates and the advertisements, such sum as might remain
over of the interest, dividends, or annual produce of the
siud trust fund, it was his will should go to the general
funds of the said Company of Goldsmiths, to be applied
for their general corporate purposes in such manner as
they should think fit. And he gave to Mr. John Lane,
then the Clerk to the Worshipful Company of Goldsmiths
of the City of London, the sum of 10()Z. 3Z. per cent,
consols ; but in case of his death before testator's, he gave
the same legacy to whoever might be clerk of the said
Company at his decease as some little remuneration for his
trouble in prepai'ing for the election of pensioners, but the
sum was not to be paid until his executors were fully
satisfied that the best had been done to comply with the
above instructions.

The first sum of 3,000Z. New .3i per cent, stock has been
reduced to the same sum, New 3Z.. per cent, annuities, and
in respect of the second sum the Company received only
1,800Z. SI. per cent, consols — 2001. stock having been
deducted for legacy duty. Both sums stand in the corpo-



Online LibraryGreat Britain Great Britain. London livery companies commissionCity of London Livery Companies' Commission: Report and Appendix, Volume 4 → online text (page 88 of 169)