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STATEMENT of the Accounts of the CHARITY called John Oliver's CHARITY, of which the following Persors are the Trustees, viz., THE GLAZIERS' COMPANY of the City of Londou,
for the Year ending .. he 31st December 1880.
1.-GROSS INCOME arising or due from the ENDOWMENTS for the Year ending on the 31st day of December 1880.
4.-An ACCOUNT of all MONIES owing to the Charity, and on what account, at the close of the year
ended on the 31st day of December 1880.
4.-An ACCOUNT of all MONIES owing from the Charity, and to what Persons and on what account,
at the close of the year ended on the 31st day of December 1880.
Dated this 30th day of November 1880.
We hereby certify that the foregoing statements are correct.
(Signed) JAMES JNO. BURGESS,
F. C. GRAVES,
Master and Wardens.
CITY OF LONDON, for the Year ending on the 31st day of December 1880.
1.-GROSS INCOME arising or due from the ENDOWMENTS for the Year ending on the
Description of Real Property.
Name of Tenants.
Outgoings and Deductions from
Arrears Due at
In the accounts of this Charity for the year ending 31st December 1874, the Trust Fund then con
sisted of 9151. 4s. ld. Consols, the proceeds of sale of premises in the Curtain Road to the Board
4.–An ACCOUNT of all MONIES owing to the Charity, acd on what account, at the close of the year
ended on the 31st day of December 1880.
4.–An ACCOUNT of all MONIES owing from the Charity, and to what Persons and on what account,
at the close of the year ended on the 31st day of December 1880.
GOLD AND SILVER WIRE DRAWERS' COMPANY.
STATEMENT of the Accounts of the CHARITY called CHRISTIAN RUSSELL'S CHARITY, under the charge of, and
of which the following persons are the Trustees, viz., the MASTER and WARDENS of the WORSHIPFUL COMPANY OF GOLD AND SILVER WIRE DRAWERS of London, for the Year ending on the 31st day of December 1854.
1.-GROSS INCOME arising or due from the ENDOWMENTS of the Charity for the Year ending on the
31st day of December 1854.
Description of Stock in the Public Funds.
£ $. d
Christian Russell, by her will dated 20th September 1723, gave 100l. upon trust to pay 20s. yearly to five
poor widows whose husbands were free of the Company of Gold and Silver Wire Drawers of London.
the Company in the purchase of Stock in the name of the Master and Wardens of the Company. The Stock
4 4 9
BALANCE SHEET containing a STATEMENT of the BALANCE of the foregoing ACCOUNT.
Bayley's Gift. Thomas Bayley, by will of the 3rd November, 34th Henry 8th, gave a messuage, &c., in Coleman Street, to the Company, to pay to the parish of St. Lawrence Jewry 488. a year for their poor.
The sum of 21. 6s. a year is paid to the parish officers of St. Lawrence Jewry.
TO THE CHARITY COMMISSIONERS FOR
ENGLAND AND WALES. In pursuance of a Minute of the Board, bearing date the 1st day of November 1864, I have inquired into the condition and circumstances of the following Charities under the management of the Innholders' Company of the City of London ; and I have stated in the Report, under the head of each specific endowment, the result of my investigation.
172 The title of the Company is “The Master and Wardens “ of the Fraternity or Guild of St. Julian of Innholders “ within the City of London.”
The governing body of the Company is that of Master, two Wardens, and 24 Assistants, forming the Court. They are chosen from the Livery, which consists of a body of about 184 (December 1862), and they are rapidly diminishing. The freedom is obtained by servitude, redemption, and patrimony. The freemen are diminishing, the new admissions not exceeding three or four a year.
The decrease in the number of Liverymen will appear from the following table of the numbers at different periods. 1822
NEWTON'S CHARITY. Mr. James Newton, Citizen and Innholder, and member of the Court, by a codicil to his will, dated the 21st July 1827, bequeathed as follows :
“I give and bequeath to the Master and Court of Assis. tants of the Innholders' Company the sum of 5001., to be applied by them for the relief and maintenance of the poor freemen of the said Company."
The legacy duty being paid, there remained & sum sufficient to produce 5501. three per cent. reduced annuities, standing in the corporate name of the Company, the dividends of which, amounting to 161. 10$. a year (less income tax) are divided half-yearly, in April and October, between pensioners, being widows of liverymen, chosen by the Master and Wardens.
There are now four pensioners on the list. Any fraction. is put in the poor box. These reduced annuities form part of a larger sum of like stock, the residue of which belongs to the Company.
Hinde's CHARITY. Thomas Hinde, by his will (date not known), gave a rent-charge of 51. to the Company, out of property in Southwark, for poor decayed men of the Company.
The sum of 41. a year (deducting 11. for land tax) has been paid hitherto by the occupier of the Spur Inn in the High Street, Southwark. This sum of 41. is commonly distributed as a distinct sum, to two pensioners, who receive 21. each. In case of death or absence of a nominee it is put into the poor box of the Company until a new pensioner is elected. Two pensioners are at present in the receipt of it.
LEWIS' GIFT. Thomas Lewis, by his will of the 15th May 1817, gave to the Company 5001. to be invested in Government securities, and the interest distributed amongst such poor persons as the Court of the Company should think proper. The money stands as at the last inquiry, in 5251. stock ; but the stock, which was then four per cents, has now been converted into new three per cents. The sum of 151. 158., less income tax, is received as dividends. The Master and Court of Assistants elect pensioners, who receive sums of 31., 31., and ll. 108. each half year, the fraction of the dividend being placed in the poor's box. The abovementioned stock stands in the corporate name of the Company in the Bank books.
Jones' GIFT. John Jones, by his will of the 12th June 1819, gave to the Company 2001. consols, the dividends to be distributed among poor widows of deceased Liverymen. The sum of 2001. three per cent. reduced stock stands in the corporate name of the Company; and the dividends, 6l. per annun (less income tax), are paid to one pensioner, chosen by the Master and Court of Assistants, half-yearly. She is the widow of a Liveryman.
Henry Scambler. by his will of the 9th April 1845, bequeathed to the Company 6,0001., upon trust to lay out same in the Government funds; and he directed them to divide the dividends to arise from time to time between as many of the most respectable poor members of the Company, or their widow's, who should have paid the livery fines; that is to say, eight of the most respectable to have 151. a year, and the four next respectable to have 101. a year, and so in proportion until the dividends were ex. hausted; such payments to be made in equal moieties twice every year, for the respective lives of the said annuitants.
The legacy duty was deducted, and the residue invested on the 26th April 1846 in 5,6481. Os. lld., 31. per cent. consols. The dividends amount to 1691. Ss. 8d. The surplus beyond the 1601. directed to be divided has been annually added to the capital, which now amounts to 5,6961. 3s. 7d., 3 per cent. consols, which stands to a separate account in the corporate income of the Company.
The fund is divided between 12 liverymen, or widows of liverymen, of whom eight have 151., and four 101. a year each, in half-yearly payments. The pensioners are chosen by the court, and remain on the list for their lives.
A payment of ll. ls. per annum is made to the clerk as an indemnity for the petty expenses and charges, and the rest is invested as above stated. There are always far more applicants than can be satisfied by the gift. There is at the present time one vacancy amongst the 15l. annuitants, which will be filled up in January next.
R. F. BAILEY's Charity.
Richard Flower Bailey (who died 16th June 1861) by his will bequeathed to the Master and Wardens for the time being of the Art or Mystery of Innholders of the city of London, the sum of 1001. sterling, to be invested in Government securities, and the interest to be annually distributed amongst the poor of the said Art or Mystery on the 9th day of November, at the discretion of the Master and Wardens. The testator directed that the legacy should be paid free of duty, but not until two years from the date of his decease. The estate of the deceased being subject to litigation, the legacy still reinains unpaid. All which I submit to the Board.
Thos. HARE, 27th January 1865.
Inspector of Charities.
STATEMENT of the Accounts of the CHARITY called Hind's Gift, administered by the Innholders' Company, in the Parish of St. Michael, Paternoster Royal, in the City of London, of which
the following Persons are the Trustees, viz., the Master, Wardens, and Court of Assistants of the Worshipful Company of Innholders of the City of London, for the year ending on the 31st day of December 1880.
1.-Gross INCOME arising or due from the ENDOWMENTS of the Charity for the year ending on the 31st day of December 1880.
Description of Stock in the
Names and Descriptions
Deductions (if any) from
Arrears due at commence
ment of Account.
Arrears due at close of Account.
The Master, Wardens, and Court of Property tax deducted
Assistants of the Worshipful Com-
2.–BALANCES IN Hand and RECEIPTS on account of the Charity during the year.
3.-PAYMENTS on account of the Charity during the year.
To one year's dividend, 1571. 128. 3d. reduced, to Mr. George Rankin, in lieu of
Mr. Brucher, who had been promoted in the latter part of the year to another
fund administered by the same Company By balance in band
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 the 31st day of December 1880.
Moneys owing to the Charity, and from what Persons, and on what Accounts.
Outstanding Debts or Liabilities of the Charity, and to what Persons and on what Accounts.
By cash, being the dividend on 1571. 12s. 3d. Reduced, received in October 1880, in the
8. d. 157 12 3
£ 5. d. 4 14 6
By cash, being the October dividend on 1571. 12s. 3d. Reduced, received in October
hands of the trustees
I hereby certify that the foregoing statements are correct.
(Signed) Thos. S. RICHARDSON,
Trustee. Dated the 6th Day of December 1881.