4. AN ACCOUNT of all Moneys owing to or from the Charity, so far as conveniently may be stated, at the close of the year ending on Monday the 9th day of February 1880. FRAMEWORK KNITTERS' COMPANY. MR. HARE'S REPORT. TO THE CHARITY COMMISSIONERS FOR In pursuance of a Minute of the Board of the 1st of Noveraber 1864, I have inquired into the condition and circumstances of the following charities under the management of the Framework Knitters' Company of the City of London, and I have stated in the Report under the head of each endowment the result of my investigation. BOURNE'S ALMSHOUSES. Cook's GIFT. STAUNTON'S GIFT. TAYLOR'S GIFT. The style of the Company is "The Master Wardens and "Assistants and Society of the Art or Mystery of Frame"work Knitters of the City of London and Westminster, " in the kingdom of England and dominion of Wales." The court consists of the master, two wardens, and assistants, of whom there are now 18 (including the master and wardens). There are about 30 liverymen, and about 60 freemen not on the livery. BOURNE'S ALMSHOUSES. Thomas Bourne, by his will of the 14th August 1727, gave 3,000l. for erecting and maintaining an almshouse, and directed his executors within two years of his decease to lay out 1,000l. in the purchase of ground within five miles of London whereon to build habitations for 12 poor freemen of the Company, or part freemen, and the other part widows of freemen; and the residue of the 3,0007. he directed to be laid out in the purchase of lands in the name of the Company. The land bought for these almshouses is situated in the parish of St. Leonard, Shoreditch, on the Kingsland Road. It is about half an acre, upon which there are 12 almshouses, each with an outer door and two rooms, and a small office or cellar, forming a row under one roof. There are small gardens behind. The residue of the legacy was laid out, under the direction of the court, in 2,0091. 16s. 9d. South Sea Annuities, now converted into 2,210l. 16s. 5d. New 21. 10s. per cent. Annuities, standing in the names of John Norbury, Henry Smith Cafe, and James Capel, survivors, with John Palton, Samuel Arthur Vardon, and Henry Bradshaw Fearon, deceased. There are now 10 inmates of the almshouses; there were 12 two or three years ago. The almspeople are freemen and widows of freemen. There are at present eight women and two men. There is no objection to the freemen being married men. They are selected by the court, advertisements being published when necessary. The Company distribute nearly the amount annually amongst the almspeople. If there be one vacant almshouse the practice generally is to reserve that portion of the income for repairs, there being no fabric fund. In 1854 the court made a voluntary subscription of 1227. for this purpose. Mrs. Anne Staunton, by a codicil to her will of the 25th June 1759, gave the interest of 300l. to buy bread and coals yearly for ever, to be settled for the use of the poor people in her father's almshouses. The money continued part of the general funds of the Company, in respect of which the Company applied a sum of 201. annually in money and coals to the almspeople. In 1854 the Company invested 3007. in the purchase of 3411. 7s. 11d. 31. per cent. consols in the corporate name of the Company. The dividends, amounting to 107. 4s. 10d., are carried to the almshouse account, and a sum of 10s. given twice a year to the almspeople. THOS. TAYLOR'S GIFT. Thos. Taylor, Esq., of Hackney, in the month of April 1854, gave 1007. in aid of the charitable funds of the Company; and at a court of the Company on the 11th April 1854, it was resolved unanimously that the thanks of the Company be given to the said T. Taylor for his gift, and that the money be laid out in consols and designated in the accounts of the Company as "Thomas Taylor's Gift," and that the dividends thereon should be annually distributed at Christmas amongst the inmates of the almshouses. The money was accordingly invested in 1137. 3s. 1d. consols, producing a dividend of 31. 7s. 10d., which is carried to the almshouse account. All which I submit to the Board. 12th January 1866. THOS. HARE. *THOMAS BOURNE'S ALMSHOUSES. By a certificate of the Board of 8th July 1870, the Company were authorised to apply to the Master of the Rolls for the transfer to the Official Trustees of Charitable Funds of the above-mentioned sum of 2,2107. 16s. 5d. New 21. 10s. per cent. Annuities, which sum was accordingly transferred on 11th August 1870. FRAMEWORK KNITTERS' COMPANY. COPY ACCOUNTS for the year ending October 1881. ACCOUNT of the INCOME and REVENUE and RECEIPTS and EXPENDITURE of the CHARITIES of THOMAS BOURNE, THOMAS COOK, MRS. ANNE STAUNTON, and THOMAS TAYLOR, from October 1880 to October 1881, which, with the Freehold Almshouses in the Kingsland Road, in the parish of St. Leonard, Shoreditch, in the county of Middlesex, occupied by the almspeople, constitute the Charities of the Framework Knitters' Company. BALANCE SHEET of the RECEIPTS and PAYMENTS of the CHARITIES of THOMAS BOURNE, THOMAS COOK, MRS. ANNE STAUNTON, and of THOMAS TAYLOR, being the whole of the Charities of the Framework Knitters' Company, except its Almshouses. |