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That, subject to this scheme, the Court of Assistants might make from time to time, such rules and regulations for the good management and government of such almshouses as in their discretion they should think fit and proper, and might, if they thought fit, appoint one of the almspeople, or if and whilst no one of them should be competent to perform the duties, then any other person to act as porter of the said almshouses, and also whenever and while necessary one other of the almspeople, or if no one of them should be competent to perform the duties, then any other person to act as nurse to the inmates of the said almshouses, with such authority and under such directions respectively as they might from time to time think fit, and they might think fit and might allow to such porter and nurse respectively, being almspeople, such sum in addition to their allowance as they should think fit, not exceeding 28. a week each, and may allow to such porter and nurse respectively, if not almspeople, such sum as they should think fit not exceeding 14s. a week each.

That a book should be kept by the said Company in which should be entered an account of all monies received and paid on account of the trust fund and this scheme, and that if from failure of applicants duly qualified for either of the said three classes of pensions there should be a surplus of cash in hand at the end of any one year, so much thereof as should be applied in augmenting the payments to the inmates of the said almshouses, but so as the same should in no case exceed 12s. per week to each inmate, and that the balance of cash then remaining in hand should be annually laid out and invested in the purchase of Government funds by way of addition to the capital fund.

Under the scheme a sum of 3,9811. 19s. 9d. was expended, of which 500l. was laid out in the purchase of a plot of land about 150 feet in length and 100 feet in breadth, situated at Spring Grove, Hounslow, in the county of Middlesex, which was conveyed to the Company under a deed of 8th July 1859, settled in the chambers of the Vice-Chancellor Kindersley, and registered and enrolled. The residue of the money was expended in the building of two houses, called Honnor's Home, formerly one block of building of two floors, and containing 24 rooms, affording three rooms each, sittingroom, bedroom, and kitchen on the same floor to eight occupants, accommodating four men and four women. The married men would always inhabit the men's side, the husband being the almsman. The widow of an almsman would usually be transferred to the other side on the first vacancy.

Of the above sum of 3,9811. 19s. 9d., which was the cost of the erection and partial furnishing of the building, the sum of 3,000l. only was charged to the Charity, the remaining sum being paid out of the proper funds of the Company. A further sum of 3141. 28. 9d. for the extra expenses and the architect's fee was charged to the Charity estate. The whole of the capital fund of 15,9081. 8s. 1d. 31. per cent. Reduced annuities above mentioned to have existed in 1851 still stands to the corporate account of the Company on trust for the Charity, producing an annual dividend of 4771. 5s. 4d. The building expenses were paid out of the accumulation of dividends.

The payments annually made under the scheme

are:

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Thomas Craddock, by his will of the 27th June 1859, gave the sum of 5007. New 31. per cent. annuities to the Saddlers' Company upon trust to pay and apply the interest and dividends to and amongst such of the poor men and women inmates of the almshouses (afterwards called Honnor's Home) and in case there should be a deficiency of objects of such intended almshouses, amongst such of the poor members of the Company as the Master, Wardens, and Court of Assistants should see fit. The sum of 450l. New 31. per cent. annuities was under this bequest transferred to the Company, and by them to trustees, to keep the funds separate, and the dividends amounting to 13l. 10s. a year are equally divided amongst the inmates of Honnor's Home. In 1862 six inmates received 21. 5s. each.

CHARLES CRADDOCK'S GIFT.

Charles Craddock, by his will of the 14th August 1861, gave to the Company 5001. New 31. per cent. annuities upon trust that they should apply the dividends amongst the poor men and women inmates of the almshouses built under Honnor's Trust, and in case there should be a want of objects in said almshouses, amongst such poor members of the Company as the Master, Wardens, and Court of Assistants should in their discretion see fit. This sum was paid, under a general clause in the will, free of legacy duty, and the Company, in the names of four trustees, received and hold 5007. New 31. per cent. annuities. The dividends amounting to 157. a year, are divided equally amongst the inmates of Honnor's Home. In 1862 six inmates received 21. 10s. a piece.

All which I submit to the Board.

Inspector of Charities, December 15, 1863.

SADDLERS' COMPANY.

STATEMENT of the ACCOUNTS of the CHARITY called WILLIAMS' GIFT, of which the following Persons are the Trustees, viz., The Wardens or Keepers and Commonalty of the Mystery or Art of Saddlers of the City of London, for the Year ending on the 31st day of December 1881.

1.-GROSS INCOME arising or due from the ENDOWMENTS of the Charity for the year ending on the 31st day of December 1881.

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Date.

2.-BALANCES IN HAND and RECEIPTS on account of the Charity during the year.

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Amount.

Date.

3.-PAYMENTS on account of the Charity during the year.

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I hereby certify that the foregoing statements are correct. (Signed) W. J. TASMAN,

Clerk to the Saddlers' Company

Dated the 4th day of March 188 2.

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July 25

Cash distributed according to donor's will

Horne, widow] Corpe Hawkes

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Wright, Mary Ann

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STATEMENT of the ACCOUNTS of the CHARITY called WEBB'S GIFT, of which the following Persons are the Trustees, viz., the Wardens or Keepers and Commonalty of the Mystery or Art of Saddlers of the City of London, for the year ending on the 31st day of December 1881.

1.-GROSS INCOME arising or due from the ENDOWMENTS of the Charity for the year ending on the 31st day of December 1881.

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2.-BALANCES IN HAND and RECEIPTS on account of the Charity during the year.

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3.- PAYMENTS on account of the Charity during the year.

Apr.17 By cash paid six poor men of the Company

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Arrears due

at close of Account.

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STATEMENT of the ACCOUNTS of the CHARITY called SWIFT'S GIFT, of which the following Persons are the Trustees, viz., the Wardens or Keepers and Commonalty of the Mystery or Art

of Saddlers of the City of London, for the year ending on the 31st day of December 1881.

1.-GROSS INCOME arising or due from the ENDOWMENTS of the Charity for the year ending on the 31st day of December 1881.

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Amount.

Date.

2.-BALANCES IN HAND and RECEIPTS on account of the Charity during the year.

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3.-PAYMENTS on account of the Charity during the year.

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STATEMENT of the ACCOUNTS of the CHARITY called PEASE'S CHARITY, of which the following Persons are the Trustees, viz., the Wardens or Keepers and Commonalty of the Mystery or Art of Saddlers of the City of London, for the year ending on the 31st day of December 1881. 1.-GROSS INCOME arising or due from the ENDOWMENTS of the Charity for the year ending on the 31st December 1881.

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Date.

Charles Blackwell

7 years from Michaelmas 1869, thence yearly.

180

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0 0 7 1 7 5

1 7 5

Alexander Edward Miller

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36 13 6

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109

35 12 3

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35 7 3

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2.-BALANCES IN HAND and RECEIPTS on account of the Charity during the year.

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3.-PAYMENTS on account of the Charity during the year.

1881.

Jan. 29

Cash paid almspeople

Feb. 28

Ditto

Mar. 26

Ditto

April 27

Cash paid, St. Botolph, Aldersgate

May 28

Ditto almspeople

June 25

Ditto

ditto

July 30

Ditto

ditto

Aug. 27

Ditto

ditto

Sept. 24

Ditto

ditto

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