Minute and account books.

Duties of

to charity property.

the Company, to see that the tenants perform their covenants and engagements, and that the buildings are properly repaired and kept insured, and annually to render an account of receipts and payments to the Company with vouchers for such payments, to attend on the audit of the accounts, and to submit to the Company annually a report showing the state and condition of the property.

5. The Company shall, at the expense of the charities, provide a minute book, wherein shall be entered a minute of their proceedings in relation to any of the charities at every meeting; they shall also, at the like expense, provide account books, wherein shall be entered an account of all receipts and payments on behalf of any of the charities, and such accounts shall be kept separate and distinct from the other accounts of the Company.

6. The Company shall from time to time let and demise Company as the houses and premises mentioned and particularized in the schedule hereto, at the best annual rent or rents that can reasonably be obtained for the same, either from year to year, or for any term or number of years not exceeding 21 years in possession, or not more than one year in reversion, and without taking any fine or premium on the granting any such demise, except the surrender of any existing term not having more than three years to run; and on the granting of any lease the lessee shall execute a counterpart thereof. All leases shall contain covenants either on the part of the lessors or lessee for insurance of the houses and buildings comprised therein, and also covenants on the part of the lessee for the due payment of the rent and the repair of the houses and buildings, a proviso for re-entry for non-payment of the rent or on non-performance of the covenants, and all other usual and proper covenants applicable to the property which shall be the subject of the lease.

Property to be applied in founding and maintaining a school.

New school house and master's residence to be built.

Appointment of master. Removal of master.

Master to reside in master's house.

Stipend of master.

Master to undertake

7. The property of the charities shall be applied in founding and maintaining a school for the sons of the liverymen and freemen of the Company, in or as near as practicable to the City of London, where such liverymen and freemen principally reside.

8. The Company shall, under the direction and with the sanction of the Court of Chancery, provide a new school house and a playground, and a residence for the master, in such manner, according to such plans and specifications, and on such site, as shall be approved by the said court, and shall be at liberty to expend from the funds of the charities for such purposes a sum not exceeding 6,5001.

9. The Company shall in the first instance, and on every vacancy, appoint a competent person to be the master of the school.

10. If the master shall not well and sufficiently perform the duties of his office to the satisfaction of the Company, he shall be liable to be removed in the manner hereinafter mentioned, (that is to say) on a requisition in writing, signed by three members of the court of the Company, the clerk shall call a meeting of the said court by notice in writing given or sent by post to each of the members thereof, seven clear days at the least before the holding of such meeting, and in such notice it shall be stated that at the said meeting it is intended to propose the removal of the master from his office; and if a resolution for such removal shall be carried, and if at any subsequent meeting of the said court held at an interval of one calendar month at least, and called with the like notice (and in which notice shall be set forth the former resolution), such resolution shall be confirmed, the master shall be considered as removed on the day of such confirmation or from such other day as in such resolution may be specified, and such resolution and the confirmation thereof as aforesaid shall be entered and preserved upon the minutes of proceedings.

11. The master shall occupy his residence in respect of his official character and duty, and not as tenant, and shall be compelled, if removed from his office, to deliver up possession of such premises at such times, and to such persons, as the Company may direct. But the costs of all repairs of the said residence, and of all other parts of the school buildings and premises, shall be paid by and out of the general income of the charities. No master shall underlet or permit or suffer any other person or persons than himself and family and visitors, and any additional master or assistant of the school, to use or cccupy any part of the premises appropriated to him as a residence.

12. The fixed stipend of the master shall be a sum not exceeding 2007. per annum, which shall be paid him quarterly, and any master appointed during an interval between the quarterly days shall be entitled to be paid in proportion only up to the quarter-day next following his appointment. And any master who shall die, resign, or be removed between such quarter-days, shall only be entitled to a proportionate part of his salary or stipend up to the day of his death, resignation, or removal.

13. The master shall not, at any time during the tenure

of his office, hold or exercise any office, appointment or employment whatsoever.

14. The Company may from time to time elect other masters, assistants or lecturers, as they may see fit, and as the revenues of the charities will admit, and pay to every such master, assistant or lecturer, such salary or stipend, or allot to him such proportion of the capitation fees, not by the scheme appropriated to the master, the Company shall think fit, and such other masters assistants and lecturers, shall hold their respective offices during the pleasure of the Company.

no other employ

ment.

Appointment of

additional masters.

school to be open.

15. The school shall be open to the sons of all livery. To whom men and freemen of the Stationers' Company not afflicted with any contagious disease or convicted of any crime, and not being under the age of seven years at the time of admission, according to priority of application: Provided that no applicant shall be admitted so as to increase the number of sons admitted of any liveryman or freeman to the exclusion of the sons of any other liverymen or freeman of whose sons there shall not be an equal number already admitted; and provided also that the Company shall at all times have power to regulate and determine the total number of boys to be admitted; and also that if and whilst there shall not be sufficient applicants by sons of liverymen or freemen to fill the school, the Company may admit and continue other boys to and in the same.

Fecs.

16. All scholars, except such scholars (if any) as the Capitation Company may on the ground of poverty specially exempt from so doing, shall pay such sum not exceeding 6s, per quarter, as the Company shall from time to time determine, and such sum may vary according to the ages of the boys, provided that all boys of the same age or class of ages be classed alike, and such sum shall be paid quarterly in advance to the master, who shall account for the same to the Company.

ment of

17. The quarterly sums received for capitation fees Apportionshall be applied as follows: (that is to say) one half Capitation thereof shall be paid to the master, and the remaining Fees. half may, together with any surplus income of the charities, be applied by the Company in stipends to additional masters, assistants or lecturers, or in augmentation of the salaries of the masters, in prizes for the scholars as hereinafter mentioned, and in payment of the examiner's fee, and to such other purposes for the general benefit of the school as the Company shall see fit.

18. The instruction to be afforded in the school shall Instruction be in the principles of the Christian religion, reading, to be given in the writing, arithmetic, land surveying, book-keeping, geo- school. graphy, drawing and designing, general English literature and composition, sacred and profane history, and such and so many other branches of education as shall from time to time be in the judgment of the Company necessary to render the school of the most general use and benefit, and as the state of the revenues will admit, and so as to give to the boys a sound, religious, moral and liberal education.

religious

19. Suitable prayers, taken from the liturgy of the Prayers and Church of England, shall be read by the master every instruction. morning and evening in the school, and religious instruction shall be given by the master, at such times as he shall think best, by reading and explaining the Scriptures to all the boys, and also in the liturgy and catechism of the Church of England. But any boys whose parents or parent, or person or persons standing to them in loco parentis, shall, on conscientious grounds object thereto, shall not be obliged to attend such prayers or instruction.

rules.

20. Every boy attending the school shall at all times con- Boys to form to the rules which may from time to time be made conform to for the government thereof, and shall be liable to expulsion by the Company upon any breach thereof or nonconformity therewith, or upon immoral or indecent conduct, or insubordination or other sufficient cause. And in case of misconduct on the part of any boy, the master shall have power immediately to suspend him from attending the school until the next meeting of the said court, when the cause of such suspension shall be submitted to such meeting.

21. Subject to the directions herein contained, and to such general regulations as the Company shall prescribe, the discipline of the school, and the internal regulation and management thereof, the hours of attendance, and the holidays to be allowed therein, shall be under the direction and control of the master of the school. But the school and the schoolhouse, master's residence and other premises, and the scholars, and the conduct, discipline, regulation and management of the school, shall at all times be subject to the inspection or visitation of the said court, or of any Committee thereof, or of the master and wardens of the Company.

22. All printed books, papers, pens and other stationery necessary for the use of the scholars shall be provided and

Internal discipline

of school.

Books and stationery

to be pro

The title of this Company is "The Master, Wardens, "and Commonalty of the Mystery of Tallow Chandlers "of the City of London."

The Company consists of a master, deputy master, and four wardens, and a court of assistants, including altogether 21 persons. The members of the Court are chosen from the liverymen. The liverymen are about 130. The return from the list of votes is about 100. The numbers have not materially varied for several years past. The number of freemen are not greatly in excess of the livery.

STEWART'S GIFT.

John Stewart, by his will of the 31st of December 1481, gave to the Company a messuage in Cornhill, and four messuages within Bishopsgate, to provide 25 quarters of charcoal between All Saints and Christmas, 15 quarters for the poor of St. Botolph Bishopsgate, and 10 quarters for the poor of St. Ethelburga parish.

The Company do not themselves provide or distribute the charcoal or coal, but they pay annually to the churchwardens of St. Botolph within Bishopsgate the sum of 121., and to the churchwardens of St. Ethelburga the sum of 81. These payments have been made for about 30 years past, probably commencing soon after the former inquiry, when the Commissioners adverted to the then inadequacy of the sum given. The Company pays also as a charge under this will a sum of 78. to St. Bartholomew Hospital.

The Bishopsgate property is still in the possession of the Company. The Cornhill property seems to have been alienated long ago.

LITTLEBAKER'S GIFT.

Stephen Littlebaker, by his will of the 24th February 1503, gave to the Company two tenements in St. Margaret's parish, Surrey, on condition to distribute on the 20th February, yearly, amongst the poor people of St. Margaret's aforesaid 24 quarters of charcoal.

The houses in Bankside on which this gift was charged are still the property of the Company, who pay annually 191. 48. to the vestry clerk of St. Saviours, Southwark, in which the parish of St. Margaret is now included.

The present payment was probably increased soon after the last inquiry, for the present amount has been paid for more than 30 years past.

Page

287

287

287

288

the churchwardens or other parochial officers authorised to receive it.

CURZON'S GIFT.

Thomas Curzon gave 807. (in the report of the Com. missioners of Inquiry stated to be 1001.) to the Company, on condition to pay to the churchwardens of St. Botolph, Bishopsgate, 41. yearly. The 801. is not in any distinct state of investment. The Company hold sums of stock larger in amount in their corporate names. They pay annually 41. a year to the parish officer of the St. Botolph Without, Bishopsgate.

HUMPHRIES' GIFT.

Ralph Humphries gave 100l. to the Company on condition to pay to certain poor persons of the Company 41. yearly. The 100l. is not retained in any separate state of investment, but the 47. is yearly added to the fund distributed by the Company amongst their poor.

This sum and Kempster's 20s. form part of a far larger sum given in pensions, as the annual voluntary bounty of the Company to liverymen, freemen, and widows of liverymen and freemen.

MRS. IBELL'S GIFT.

Susan Ibell gave by will to the churchwardens of St. Botolph, Bishopsgate, and St. Alban, Wood Street, 100l. to provide yearly five chaldron of coal for the poor of St. Botolph, and three chaldron and four sacks for those of St. Alban, which 1001. the Company received and undertook to perform the above-mentioned conditions. The 1007. is not in any distinct state of investment. The Company pay 51. yearly to the churchwardens of St. Botolph, Bishopsgate parish, and 31. 68. 8d. yearly to the churchwardens of St. Alban's, Wood Street, for the use of the poor of these parishes.

MONK'S CHARITY.

By indenture of the 10th April 1828 (enrolled in Chancery, 28th April 1828) between Roger Monk, late Master of the Company, of the first part, the Master, Wardens, and Commonalty of the said Company of second part, and the said Master and Wardens of third part, reciting that the said R. Monk, being desirous of testifying his regard for said Society, had transferred 1,000l. consols into his own name and the two senior wardens upon the trusts after mentioned. It was declared that they should stand possessed of same, and the dividends therefrom in trust for said R. Monk for life, and after his decease upon trust to transfer said 1,000l. to the Company, upon trust thenceforth to pay the dividends amongst such one or two poor liverymen of said Company, not less than 50 years of age, to be called "Mr. Monk's Pensioners,’ as said Company should nominate.

دو

And the said R. Monk by his will of the 10th April 1828, gave his residuary estate to the said Company, subject to the life interest of his wife, subject to the payment by them and their successors, of the annuities following:

1. 201. per annum to the two senior deputy oyster meters of the City of London, towards the expense of an annual dinner of the deputy oyster meters for the time being.

2. 101. per annum to be paid to the two deputy senior oyster meters of the City of London for the time being, for ever towards the expense of an annual dinner for the holesmen.

3. 67. per annum to the treasurer for the time being of the Covent Garden Theatrical Fund for 'ever, for and towards the expense of a twelfthcake annually.

4. 201. per annum to the two senior gentlemen of the Honorable Band of Gentlemen Pensioners, for ever towards the expense of a dinner annually in honour of His Majesty's birthday.

5. 201. per annum to be paid to the two senior ushers of the Body Guard of the Yeomen of the Guard, for ever, towards the expense of a dinner annually in honour of His Majesty's birthday.

6. 1001. per annum to be distributed in annual pensions of 201. each to four poor liverymen of the Tallow Chandlers' Company of London or their widows, to be called Monk's Pensioners, to be selected by the Court of the Company

The Company received in respect of the residuary estate of the testator a sum more than sufficient to pay from its dividends the whole of the annual payments thus created by the will. The widow took the life estate, and died about two years after the husband, who died in 1831, having by a codicil to his will given a life annuity of about 301. a year which fell in in 1851. The executors who proved the will were William Walton and William Minnett, and these gentlemen transferred the residue to the Company, without taking the directions of any Court on the subject. The Company gave the executors a general release in 1839. There does not appear to have been any judicial inquiry for next-of-kin, or into the validity of any of the above gifts.

The Company hold a sum of 7,000l. 31. per cent. reduced stock, the produce of a sufficient part of the estate of the testator, to produce 210l. per annum, standing in their Corporate name to a distinct account.

The 1,000l. settled by the deed forms part of this 7,000l. 31. per cent. reduced annuities and the dividends amounting to 301. a year are given to one poor liveryman annually, who is elected a pensioner for life, or as long as he continues eligible.

*ROGER MONK'S CHARITY.

By a scheme established by the order of the Board of Charity Commissioners for England and Wales dated the 2nd day of December 1881, it was ordered that the annual sums of 201. and 107. directed under the will of the above-mentioned donor to be applied as aforesaid shall henceforth be applied by the Tallow Chandlers' Company as the trustees thereof for the benefit of necessitous and decayed persons whose chief occupation

1881.

Of the dividends of the remaining 6,000l. amounting to 1801. a year, 1761. are applied in satisfaction of the above charge on the residuary estate.

The 100l. a year is paid annually to five pensioners, being liverymen or widows of liverymen in quarterly sums of 51. each. In case of any lapse of a pension during the year, the fractional payment during such lapse is divided amongst the others.

The other sums of 20l., 10l., 6l., 201. and 201., are paid by the Company on the receipts of the persons filling the several offices described by the will, the Company raising no question as to the title of the recipients.*

HEDGES' CHARITY.

William Killingworth Hedges, by will of the 23rd June 1851, gave to the Company 500l. to be invested in consols in trust to pay out of the dividends to the beadle 17. 18. for keeping in repair his family vault at Norwood Cemetery, and the surplus to any distressed liveryman of the Company above 60 years who had not received parochial relief, those of the trade of Tallow Chandlers to be preferred.

The sum of 500l. was paid, and after payment of legacy duty invested in 4951. consols which stood in the names of Charles Good (deceased), James Child, Williain Clarke, and Horatio Nelson Fisher (deceased).

The dividends, amounting to 14l. 7s. 3d. (1863), after paying the 11. 1s. to the beadle, is given on the testator's birthday in one sum to a distressed liveryman chosen by the Master of the Company for the occasion, who reports to the Company at the next Court to whom it is given. All which I submit to the Board. THO. HARE,

Inspector of Charities, 21st February 1865.

or employment has been or is that of labour, as in unloading, bringing to market or delivering fish in the City of London, or otherwise engaged in the fish trade in the said city; and the sums may be appropriated from time to time by way of subscriptions to any provident or other associations for the benefit of such persons, or in promoting the better education or advancement in life of their children or otherwise for their aid and benefit at the discretion of the said trustees.

2nd March 1882.

2nd March 1882.