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Early guild.

Legis

DRAPERS' COMPANY.

Foundation and Object.

The Drapers' Company derives its origin from an ancient guild of dealers in cloth formed for social and religious as well as for commercial purposes. The site of the foundation of this brotherhood is unknown, but as a guild of weavers existed in London as early as 40 years after the Conquest, the probability is that the dealers in cloth there had also formed a guild by that time. Fifty years later, in the reign of Henry II., there were many such dealers in the provincial towns, trading in cloths of both British and foreign manufacture under licences received from the King.

The reign of Edward III., as is well known, witnessed a Edward III. great development of the English cloth manufacture. In

lation of

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1338 the King, by statute (1) prohibited the exportation of English wool and the importation of cloth from abroad; (2) abrogated some useless provisions of Magna Charta with regard to the widths in which English cloth was to be manufactured. He, at the same time, invited a number of skilful weavers* from the Low Countries to settle in London under his protection.

The earliest ordinances of which the company have any record, and which are dated 1418, purport to be a revision of an earlier set made in 1322, five years before Edward III. came to the throne.

The matters regulated by these ordinances are, in the words of the return, "The finding of two priests to sing "for the whole fraternity, maintenance of an altar light,

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giving of livery, annual meetings at Divine Service, elec"tion of wardens, contributions for the annual feast, pay"ment of quarterage, choosing new livery, relief of poor "members, funeral services, and the remembrance of the souls of deceased brethren and sisters by the company's priests, attendance at meetings of the fellowship, correc"tion of members, and settlement of bargains between them, meetings for processions, time of attendance at "Westminster, Bartholomew, and Southwark fairs, keeping secret the counsel of the fellowship, dealings with foreigners (i.e., persons not free of the city), employment "of apprentices and journeymen, and settlement of disputes between them and their masters, enrolment of apprentices, yearly rendering of accounts by the wardens, salary of the beadle, reading of the ordinances, and also regulations as to the persons who shall attend at feasts, "and the order of sitting in the hall."

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The company's first charter, granted by Edward III., in 1365, recites in the preamble that the dyers, weavers, and fullers have become makers of cloth, and refused to work the cloth of others, except at excessive prices, and that there was 66 hardly a shop in the City of any trade in which drapery was not more or less exposed for sale," the cloth thus indiscriminately sold being often high in price and defective in quality. The charter ordains that none shall use the mystery of drapery in the City of London unless "he has been apprenticed thereto, or in other due manner

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admitted by common consent of the said mystery, and that "each of the said mysteries of the dyers, weavers, and "fullers shall keep to their proper craft, and not meddle "with the making, purchase, or sale of drapery, upon pain of imprisonment and forfeiture of the cloth or its value, and that none shall sell cloth within the city or "suburbs except drapers free of the said mystery." The company receives the usual powers of trade control.

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The trade in woollen cloth was from the earliest time† regulated by statutes, none of which, however, seem to have in any way affected the position of the company.

In 1405 the company received from the municipality the charge of Blackwell Hall, the only authorised market for the sale of woollen cloth in the City of London.

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fined to

members

of craft.

Evidence of accounts of

1415 as to

objects of company.

Trade control and its discontinuance. The earliest accounts in the possession of the company Company are those of the wardens for the year 1415. In that year never conthe number of members is shown to exceed 100, and amongst the members were included persons not of the craft, the parson of St. Martin Ongar being entered as owing quarterage. The income for the year is 371. 15s. 6d., derived from the rent of houses, assessments for processions, fees on apprenticeship and freedoms, and for fines and quarterage. The expenditure for the same year is 231. 12s. 6d. and includes payments to chaplains for Divine Services, repairs of houses, salary of the beadle, expenses to Bartholomew and Westminster fairs on the company's making their trade search, payments to minstrels, and for hoods or garlands and meat and drink for them, hire of horses for persons to ride with the mayor and sheriffs and to meet the King and Queen Dowager on the King's return to London after the battle of Agincourt, payments for table cloths and garlands, and for the Lord Mayor's mess; the Lord Mayor for that year being of the company.

The company's records contain no statement as to when Cessation the company ceased to have the charge of Blackwell Hall, of trade but early in the 17th century their control over the trade control. had considerably diminished. The wardens last attended Hall Fairs. to search at Southwark and Bartholomew fairs in 1737.

There are at present 17 members of the drapery and upholstery trade on the livery, and some of the new apprentices bound at the company's hall are apprenticed to drapers and members of other allied trades.

Constitution and Privileges.

Backwell'

Court. The court consists of the master, four wardens, Courts. and 25 assistants. The election takes place pursuant to the charter. Two of the livery are annually elected wardens, and after a year of office take their places as assistants.

No fine or fee is paid on admission to the governing body. The business of the company is transacted at courts. Committees. Routine business is dealt with by committees, and committees are also occasionally appointed to consider and report upon special matters.

A fee of three guineas is paid in respect of every attend- Fecs. ance at a court. The sums thus paid have been on an average 3,2251. a year during the last 10 years.

The opinion of the court is taken, sometimes by show of hands, sometimes by ballot, and occasionally by division, the master having a casting vote in case of equality.

Persons are removable from the court in case of bankruptcy or for other good cause.

Members are generally of 36 years standing when they reach the court, and they remain on it generally for about 12 years.

Members-During the last 60 years 1,583 persons have Number of been admitted freemen, 500 by service, 1,047 by patrimony, freemen. five by gift, and 31 by redemption. There are no means of ascertaining how many of these persous are still living. During the last 10 years 273 persons have been admitted, 28 by service, 240 by patrimony, and five by redemption. The fees on admission by service or patrimony are Fees. nominal, that on admission by redemption is 1147.

A large number of apprentices are bound at the com- Apprentices. pany's hall or placed out by the company, the expense of apprenticing being, in many cases, defrayed out of trust funds devoted to this purpose. 654 bindings have taken place within the last 10 years, and 17,000. has been thus expended.

The livery is unlimited in number. The number of the Livery. livery, including the court, is 302. The number of calls to the livery during the past 10 years has been 83. The fine on Fine. admission to the livery is 257. Most of the members of the company are free of the City.

Privileges.-The members of the court are entitled to some small bequests in addition to the above fees. Those of the livery who are otherwise qualified have the parliamentary and municipal franchise. In order to be come eligible for pecuniary assistance they have to retire from the livery, in which case they receive back the amount of their fines.*

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ABSTRACTS OF RETURNS.

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By the charter of James 1., the Drapers' Company are stated to
possess either by legal title or without legal title, the following property
which is thereby confirmed to them :-

The capital messuage, with appurtenances called Drapers' Hall, with
the gardens, buildings, curtilages, messuages, and tenements thereto
belonging, in the parish of St. Peter-le-Poer, in the ward of Broad Street,
and the parish of St. Stephen, Coleman Street, London, or either of them.
Also ten messuages or tenements adjoining Drapers' Hall, and a garden
in the aforesaid parish of St. Peter-le-Poer, in the separate occupation of
certain persons therein mentioned. And ten messuages or tenements
lying together in Lothbury, in the parish of St. Margaret, Lothbury.
And two messuages or tenements, formerly one in Lothbury, in the said
parish of St. Margaret, Lothbury. And eight messuages or tenements
lying together in the parish of St. Stephen, Coleman Street. And four
messuages or tenements, and nine stables, with garden to the aforesaid
tenements or buildings, near London Wall, and in the parish of St.
Alphage, near Cripplegate. And a capital messuage, and three mes-
suages or tenements adjoining, in the parish of St. Mary Bassishaw.
And ten messuages or tenements, formerly three messuages and five
tenements, in Beech Lane, in the parish of St. Giles Without, Cripple-
gate. And all those eight messuages, tenements, or almshouses adjoin-
ing the last-mentioned messunges or tenements situate in Beech Lane
and parish aforesaid. And all those ten other messuages or tenements,
with stables and appurtenances, formerly one messuage known by the
name of the Bull, situate in West Smithfield, in the parish of St. Sepulchre
Without, Newgate. And all those five messuages or tenements, formerly
one messuage, in West Smithfield, in the said parish. And all that mes-
suage or tenement in St. Nicholas Shambles, in the parish of Christ
Church, London. And all that other messuage in St. Nicholas Shambles,
and parish aforesaid. And all those two messuages adjoining each other
in the parish of St. Michael-le-Querne. And all those two other mes-
suages or tenements adjoining each other in the parish of All Saints,
Honey Lane. And all that messuage called the Goat, and another mes-
suage adjoining in Westcheap, in the parish of All Saints, Honey Lane.
And all that messuage or tenement, being a corner house situate in
Westcheap aforesaid, in the parish of St. Mary-le-Bow. And all that
other messuage or tenement in Bow Lane, otherwise Cordwainer Street,
in the parish of St. Mary Aldermary. And all that other corner house
in Watling Street and Soper Lane, in the parish of St. Antholin. And
all those three messuages or tenements, formerly two, in Walbrook, in
the parish of St. John the Baptist, Walbrook. And all that capital mes-
suage called the Herber, and a messuage or inn called the Chequer.
And all those sixteen messuages or tenements, and two stables near
adjoining the said capital messuage, situate in the parish of St. Mary
Bothaw. And all those four messuages at or near Dowgate, in the parish
of St. Michael Paternoster. And all those three messuages or tenements,
formerly two, situate near London Stone, in the parish of St. Mary
Bothaw. And all that corner messuage or tenement situate in Candle-
wick Street and Abchurch Lane, in the parish of St. Mary Abchurch.
And all that capital messuage, and eight other messuages adjoining in
St. Swithin's Lane, in the parish of St. Swithin. And all that messuage
or tenement in Sherbourne Lane, in the parish of St. Mary Woolnoth.
And all that tenement in Sherbourne Lane, in the parish last aforesaid.
And all those four messuages or tenements adjoining in Berebynder
Lane, in the parish of St. Mary Woolchurch. And all those three mes-
suages in Cornhill, in the parish of St. Christopher. And all those six
messuages or tenements in the aforesaid parish of St. Christopher. And
all that messuage or tenement in the parish of St. Boltoph Without,
Aldersgate. And all those two messuages or tenements, formerly one,
in Cornhill, in the parish of St. Michael. And all that other messunge
or tenement in Cornhill and the parish last aforesaid. And all that ad-
vowson and right of patronage of and in the parish church of St. Michael,
Cornhill. And all those two messuages or tenements, formerly one, in
Birchin Lane, in the parish of St. Edmund the King, Lombard Street.
Another corner messuage or tenement in Birchin Lane and Lombard
Street aforesaid, in the parish of St. Edmund the King. And all those
four messuages or tenements lying together, formerly one messuage and
two tenements in the several parishes of St. Nicholas Acon, St. Mary
Abchurch, or in one of them. And all those five messuages or tene-
ments lying together in Thames Street and St. Laurence Pountney Lane,
in the parish of St. Laurence Pountney. And all that other messuage or
tenement on New Fish Street Hill, in the parish of St. Margaret, Bridge
Street, otherwise New Fish Street, and all that other messuage or tene-
ment and a wharf called Bell Wharf, and fourteen messuages or tenc-
ments adjacent in the parish of St. Olave, in the borough of Southwark.
And all those eleven messuages or tenements in the said parish of St.
Olave, nearly adjoining the wharf and premises last mentioned. And all
those two messuages or tenements in Buttolph Lane, in the parish of
St. Botolph, Billingsgate. And all that messuage or tenement in Petty
Wales, in the parish of All Hallows, Barking. And all those 13 almis-
houses, in the parish of St. Olave, near the Tower. And all that mes-
suage or tenement in Tower Street, in the parish of All Hallows, Barking.
And all that capital messuage in Mark Lane in the aforesaid parish of
And all those four messuages or tenements
All Hallows, Barking.
lying together in Mark Lane, in the aforesaid parish of All Hallows,
Staining. And all those two messuages or tenements at or near the end
of Tower Street, in the parish of St. Dunstan-in-the-West. And all those
three messuages, formerly one corner messuage, near Tower Street, in
the parish of St. Margaret Pattens. And all those six messuages near
adjoining the last-mentioned three messuages in the parish last men-
tioned. And all those three messuages and a shed in the said parish of
St. Margaret Pattens. And all those eight messunges or tenements ad-
joining in the parish of St. Andrew Hubbard. And all those nine mes-
suages lying together in or near Little Eastcheap and Philpot Lane, in
the aforesaid parish of St. Andrew Hubbard. And all that messuage in
Gracious Street, in the parish of St. Benet, Gracechurch. And all that
annuity or yearly rent of 521. 10s., arising out of messuages, lands, tene-
ments, and hereditaments, in the parish of St. Leonard, Shoreditch,
formerly in tenure or occupation of Robert Russell, and all buildings,
erections, &c., thereto belonging.

Mark Lane, Cannon Street, Cheapside, Cornhill, the Poultry,
Eastcheap, St. Swithin's Lane, and other parts of the City,
It includes the
and also in Tooley Street, Southwark.
offices called Drapers' Gardens in Throgmorton Street,
recently built by the company under an Act of Parliament,
and let at a rent of 15,000l. a year.

The

Of the total rental of 35,000l. about 18,000l. according
to the return, arises from lands, including the site of
Drapers' Gardens, which have been purchased by the
company themselves, and almost the whole of the remain-
"obit" lands or from
ing 17,000l. is derived either from
absolute gifts to the company in its corporate right.
dates of the wills which the company takes its title are as
follows: Harlewyn, 1478, Eburton, 1490, Calley, 1513,
Cremor, 1506, Clerke, 1548, Brothers, 1541, Prud, 1533,
Meggs, 1595. Only a small fraction of the rental
according to the return arises from lands held by the com-
pany subject to charitable uses.

The company possesses also a farm at Purleigh, Essex,
rated at 3291. a year, and a few small rentcharges and rents
for rights and rights of ways.

The rateable value of the company's hall and garden is
6,2501. Those of the company's almhouses and other
premises is 4,0221.

The company's Irish estate is situated in the barony of Irish estate.
Loughinghollen, Londonderry, and includes lands in the
parishes of Arboe, Ardtrea, Lissan, Derryloran, Tamlaght,
Desertlyn, Desertmartin, Kilcronaghan, Maghera, and
Ballynascreen.

The gross annual rental is 14,5001. The estate is sub-
ject to tithe redemption charge payable in annual instal-
ments of 7221. The total outgoings appear to be about
4,000l. a year, including expenses and improvements.

The acreage is 27,000, and the number of tenants 100. The tenants, with the exception of a very few, who pay less than 57. a year rent, hold under lease. The leases are for 31 years in case of rents of 157. a year and upwards, for 21 years in case of rents above 5l. but under 157. The Ulster custom applies to the greater part of the estate. The tenant right of the farms sold during the 1279 year averaged 22 years purchase on the rent paid by the

tenant.

Personal Property. -- The company possesses about Personal 21,000l. stock, arising from the sale of lands or otherwise, property. and producing dividends of about 6001. a year.

The estimated value of the plate, pictures, &c. of the company, including their wine, is 16,049.

Trust Property.

The company is trustee of some 80 charities, the joint income of which is about 28,0007. a year. Of this sum about 18,000l. arises from rents, about 10,000l. from dividends. The estates producing the rents are much scattered. A considerable proportion arises from house property in the City and in Middlesex, but the company possesses trust lands of various descriptions in ten of the counties of England besides Middlesex.

In the statement of "income and expenditure" trust property is excluded.

The charitable income is thus distributed :

Internal Charities.-It is difficult to estimate the sum applicable to the almshouses and poor of this company. The sum paid as above includes a contribution from the corporate income. Perhaps the sum allotted to these purposes in the company's trust funds is about 3,000l. a year. Of this sum about 1,5007. would appear to be charged on land, house property in Gracechurch Street, Cooper's Row, Shoreditch, &c.

The almshouses were formerly on the sight of the property in Cooper's Row, but have been transferred to Tottenham.

External Charities.-Almshouses:

(1.) Queen Elizabeth's College, Greenwich.-A founda-
tion supporting a chaplain and about 40 alms-
people from the neighbourhood of Greenwich.
The income of the charity is upwards of 2,0001.
a year, about 1,6007. of which arises from house
property at Greenwich and farms in Kent.
(2.) Almshouses for the poor of certain parishes in
Newington and Shoreditch, with an endowment
of about 3,000l. a year, of which 2,000l. arises
from house property in the City and Islington,
and some agricultural land in Kent. These alms-
houses are administered under a scheme framed
in Chancery.

(3.) Lucas's Hospital at Wokingham, with an income
of about 600l. a year, 4007. of which arises from
farms in Bedfordshire.

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Schools: (4.) Bancroft's Hospital, consisting of a free middleclass school and almhouses at Mile End, with an income of upwards of 5,000l. a year, about 3,0007. of which arises partly from house property in the City and partly from farms in Essex and Sussex. The number of pupils is apparently about 100. The company have recently offered the Charity Commissioners to devote 50,000l. towards the extension of this school.

(5.) Howell's Girls' Orphanages at Llandaff and Denbigh, with an income of upwards of 6,000l. a year, more than 5,0001. of which is derived from house property in the City, a very valuable estate in Austin Friars, Throgmorton Street, &c., and a farm in Kent. The number of girls educated is about 100.

(6.) A small school at Bow, with an inadequate endowment, which is considerably supplemented by the company.

(7.) The Greencoat Hospital, at Greenwich, a middleclass school for the sons of inhabitants at Greenwich, with an income of about 1,000l. a year, arising chiefly from the rents of houses in East Greenwich.

(8.) A female orphan school at Tottenham, with an income from dividends of upwards of 1,0007. a year. The company have largely assisted this charity out of their corporate funds.

Apprenticeship, loan and prison charities, &c. : (9.) A large number of benefactions for the purposes of apprenticing youths (see above), with an income of upwards of 2,000l. a year. The charities are administered under a scheme in Chancery.

(10.) "Loan" charities administered under a scheme
in Chancery and "prison charities," the income
of the latter being applied by the consent of the
Charity Commissioners to the foundation of
scholarships at elementary schools in London.
(11.) Doles and payments to the poor of several
parishes in the City, and of several provincial
towns and villages, and sums for the endowment
of sermons and lectures by clergymen, and other
miscellaneous objects, including the Arabic pro-
fessorship at Cambridge.

The company have themselves founded and maintain out of their corporate funds, at an expense of 3,000l. a year, the Drapers' College at Tottenham, a middle-class school for the education of the children and grand-children of freemen.

Exhibitions.

The company is trustee of two small scholarships tenable at Oxford and Cambridge, the amounts of which they have agreed to considerably augment.

Church Patronage.

The company are patrons of St. Michael's, Cornhill, the value of which is stated in the Clergy List to be 7931.; it is believed to be considerably more.

They have also the appointment of a clerical lecturer at Bristol, and of the master of Lucas's Hospital at Wokingham, who is a clergyman.

General and Technical Education.

The Company have voted 10,000l. to Finsbury Technical College, and 4,000l. a year to the City and Guilds of London Technical Institute.

The following are the amounts expended by the company during the last 10 years in furtherance of General and Technical Education, it is not stated whether wholly out of corporate funds :

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FISHMONGERS' COMPANY.

Foundation and Object.

The guild of Fishmongers out of which the Fishmongers' Guild of Company sprang, unquestionably existed prior to the reign Fishof Henry II., 1154. It was an association or brotherhood mongers. of persons having for its object the mutual protection of the members, especially in their trade of fishmongers, the promotion of social intercourse, and the making provision for indigent members, their widows and children. The guild appears to have early received from the municipality of London a monopoly of certain branches of the trade in fish, with power to prescribe rules for the government of the mystery.

Act of

The first charter which incorporated the guild was Charter and granted by Edward I. on his accession in 1272. It appears Edw. I.. to have perished. In the same year a statute was passed 1272. prohibiting partnership in fish with foreigners who bring it in their ships, thereby to enhance the price, and ordaining that none shall store up fish in cellars, to retail afterwards at exorbitant rates, or buy before the King's purveyors have made their choice, and that no fish except sait fish shall be kept in London beyond the second day, on pain of forfeiture of the fish and being fined at the king's pleasure.

"Assize of a

*Mr. Herbert states that the City" Assize of a Fyscher" maad in consequence of this Act limits the profit of a Fyscher.” London fishmonger to a penny in the shilling. It also forbids forestalling and regrating the market, to prevent which, none were to sell their fish "secretly within doors," but to "sel it in playne market place." Also no fishmonger was to water fish twice or sell what was bad. If Continuance he broke either of these regulations he was to be amerced of trade legislation. for the first offence 12 pence, for the second 20 and pence, for the third to be “jugyd to a pair of stockys openly in the marketplace." For the next 200 years the English trade in fish was regulated by numerous statutes. Of these the best known appears to be the statute of Westminster, 13 Edward II. c. 17, for the preservation of salmon; the latest an Act of Edward IV. passed in 1483, which prescribes various regulations for the package of small fish.

* Vol. II., p. 10.

Fishmongers'

quarters.

Stock fish

mongers.

Consolida-
tion of

trades under
Henry VII.

charter of

The fishmongers' quarter and markets lay between Billingsgate and Upper Thames Street, as the names Old Fish Street, Fish Street Hill, Fishmonger's Lane, and also that of Friday Street, where fish was sold for use on fast days, testify.*

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Of the trade in fish not comprised in the early guild, the mystery of Stock fishmongers was one of the most important. There was a fish market called Stocks Market, now on the site of the Mansion House, and also one in Stockfishmonger Row, near London Bridge, the names of which places and of the trade are attributed by Stow to the circumstances of the stocks used at the " fyschers' assize being stowed on the spot. The Stock fishmongers received a separate charter. They and other guilds carrying on the trade in fish were by the undermentioned charter of Henry VIII., 1537, consolidated with the Fishmongers' Company defined and incorporated by the charter received from Edward I.

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In addition to their early byelaws, an abstract of which Recent byeforms part of the return, the Company procured in 1843 laws, and 1860 byelaws regulating the time for which the wardens are to hold office.

Vacancies are filled by elections from the livery. In the Elections. case of equality, a new election is held, the chairman, the master or his deputy, not having a casting vote. Not more than one member can be elected at a single court. The mode of voting is by ballot.

A fine of 337. 13s. 6d. is payable on admission to the Fine. court.

courts."

tation.

Courts are held monthly for general business. In Courts. addition seven courts are held during the year called "relief courts," specially for the purpose of considering "Relief cases of claims to charitable assistance preferred by poor members, and also for that of considering motions for grants of money to purposes external to the Company, whether charitable or public. It is the duty of the renter warden, and his successor designate, once a year to visit all the Annual visipensioners residing in London or within six or seven miles of it, and from the number of the pensioners and the distance to be traversed this visitation occupies several days. Special branches of the Company's business are deputed Committer. to committees, of which there are seven, consisting of from three to twelve members respectively. The committees are (1) the committee of wardens, (2) the committee for general purposes, (3) the account committee, (4) the audit committee, (5) the Irish estate committee, (6) the subIrish estate committee, (7) the wine committee.

Fees of one guinea are payable for attendance at courts and committees. The sum thus paid amounts to about 2,000l. a year.

Members of the court are liable to removal in case of bankruptcy or misconduct.

They are on an average of nine or ten years standing when they reach the court.

Fish meters.

Fisheries
Act.

(18.) William and Mary, 1690.

(19.) George III., 1815. Inspeximus of Charter of James I.

Control of Trade.

The Company has always exercised the jurisdiction conferred upon it by its several charters by the appointment of "fish meters," whose main duty is to be in constant attendance at Billingsgate Market for the purpose of examining the wholesomeness of the fish offered for sale, with power to condemn any fish which may be proved to be unsound.

At the present time the Company have in their employ three such fish meters, whose salaries, as well as the charges under a contract for deodorising and removing in barges the condemned fish are paid out of the general funds of the Company.

The fish meters make a daily return to the Company of the quantity of fish brought to market, and a monthly return of the quantity of unwholesome fish which has been seized and condemned by them. The monthly returns are published. A number are sent to the Cominissioners as an exhibit to the Company's return.

The Company also discharge the duty of prosecuting offenders against the provisions of the Fisheries (Oyster, Crab, and Lobster) Act, 40 and 41 Vict. c. 42, which is chiefly directed against the offence of exposing for sale undersized fish or fish in "close time."

There are at present 39 liverymen connected with the trade.

Constitution and Privileges.

Governing Body.-The court consists, as directed by the governing charter, of a master, six wardens, and 28 assistants.

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* Mr. Herbert states:-" From early inquisitions it appears that the "Old Fishmarket occupied a plot of land extending lengthwise, or east " and west along Old Fish Street from Bread Street to the church of "St. Mary Magdalene at Old Change, and breadthwise, north and south, "from the ends of those two streets to the opposite south side of Old "Fish Street. A jury of 1413 returned it to have been partly a void space,' as it was when only the centre was filled with fish stalls." He adds, "In this state there would have been an open communication "with Queenhithe, from which the fish could be brought up the hill to "the middle of the market, next St. Nicholas Cold Abbey, where is now "the narrow way of Old Fish Street Hill; whilst the north side of the "market connecting itself with the Bakers of Bread Street, the fishmongers of Friday Street, and the kingminters of Sheremoniers Lane, or the Old Change; and these three again reaching to the goldsmiths, mercers, and other tradesmen of West Cheap, must have been the same, "nearly one large open market. When tall houses began to supersede "the original stalls on all these spots, the district became narrowed into streets, like other open parts of the city, and these inquisitions were found necessary to ascertain the exact boundaries of the old "quarters." The church mentioned, St. Nicholas Cold Abbey, and the adjacent church of St. Nicholas Olave, contain many monuments of fishmongers.

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Members.

The number of freemen and freewomen cannot be stated. The livery consists of 432 members including the court.

Freemen.

Nominal fees are charged in respect of taking out the freedom by patronage or servitude; the fee in respect of the freedom by purchase is 1137. 10s. 6d. Candidates for freedom by purchase are elected by the court and required to be proposed by a member to whom they are personally known.

A freeman by purchase is required to become free of the city.

Others are not compelled to do so, but no freeman of the Company can take an apprentice except on production of a copy of his freedom of the city.

Forty apprentices have been bound at the Company's hall during the last 10 years, eight of them to fish

mongers.

The livery fine is 317. 15s. Candidates are elected by vote of the court on the nomination of one of its members. The candidate must obtain a majority of the votes of those present.

Liverymen are removable for just cause.

During the last 10 years there have been 364 admissions to the freedom, 257 by patrimony, 33 by servitude, 69 by redemption, and five by gift.

The number of admissions (not "calls") to the livery which have taken place during the same period has been 153.

Privileges.

Members of the court are entitled to the fees abovementioned, and they and the members of the livery, when otherwise qualified, have the right of voting for the members for the City and at the election of the Lord Mayor and other City officials, as well as that of being present, in the case of the court, at all, in the case of the livery, at some, of the Company's entertainments.

Members of the court and liverymen are not eligible for pensions without resigning their positions respectively.

The Company has several presentations to Christ's Hospital in their gift, and have recently founded a large number of educational endowments, of the annual value of about 1,500l., for all of which the children of liverymen and freemen are eligible. Loans are also under special circumstances made to poor members in necessitous circumstances, particularly to assist them in educating their children.

Fees. Freedom of

the city.

City property.

Surrey property.

Title of
Company.

Irish etate.

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Corporate property.

Property.

Real Estate.--The Company derive a rental of about 38,000l. a year from land in England. Of this sum, about 35,000l. a year is corporate, about 3,000l. a year is trust income.

This rental arises (1) as regards about 32,6001. a year from house property in the City, 26,000l. from property let upon long leases, the gross estimated rental of the premises being upwards of 50,000l. a year, 6,000l. from property let at rackrent. There are about 70 sets of premises, banks, offices, warehouses, shops, wharves, in Queenhithe, Old Change, Knight Rider Street, Fish Street Hill, Friday Street, the site of the old fish market as mentioned above, Upper Thames Street, Leadenhall, Lombard Street, Billiter Street, &c.

(2.) As regards about 4,000l. a year from a large estate consisting of house property, at Walworth, in Surrey, let on building leases. There are upwards of 200 houses, the gross rental of which would perhaps amount to 20,000l. a year. Most of the premises are small houses, but the estate includes a considerable number of shops, which would command high rents.

(3.) As regards 2,000l. a year from farms in Derbyshire, Kent, and Norfolk. This is all trust property. Some of the land is copyhold.

(4.) The Company derives a small income, partly corporate, partly trust, in respect of ancient lights, rights of way, and other easements, in connexion with the above estates.

With respect to these properties (1) the City of London estate consists in great part of lands confiscated as having been left to superstitious uses, and subsequently purchased by the Company from the Crown in the reign of Edward VI. These estates have formed the subject of several proceedings in Chancery, in all of which the Company successfully maintained its title to the improved value. (2.) With respect to a considerable portion, the Company state that, having lost all their earlier records in the fire of London, it is impossible for them definitely to state how they became possessed of the property. In these instances the Company refer to an old plan book of 1686 as evidence of their title.

(2.) The Walworth estate was purchased by the Company in 1808 out of the proceeds of a quay in Lower Thames Street, the property of the Company, which had been taken for the purposes respectively of the site of the Custom House, and of additions to the London and West India Docks.

Ireland.

The Company has a large estate in the baronies of Tickeeran and Kernaught, in the county of Londonderry. Most of the premises consist of house property, including a few mills and offices, &c., in the townlands of Ballaghavedin, Ballyholly, Ballykeen, Ballykelly, Ballynadenaghan, Ballyspallen, Barnakelly, Broighter, Broglasgow, Carnamuff, Drumhock, Glack, Glasvea, Gortgar, Letterlogher, Mulderg, Oghill, Sistrokeel, Tirglesson, Tullyhoe, Wal

worth, &c. There are about 400 holdings, including some mountain lands and woods, the rents ranging from 21. to 1007. Nearly all the holdings are on lease. The rental has fluctuated during the last 10 years between 8,000l. and 9,5001. The outgoings, including the expenses of management, have during the same time ranged between 5,0001. and 7,000l.* The tenant-right has sold variously at from 20 to 70 years' purchase.

The rateable value of the Company's hall is about 3,0001. a year. That of their almshouses, which are at Wandsworth, is not stated.

Personal Property.

The Company has at present investments in stocks to the extent of about 6,000l., producing a dividend of nearly 2007. The fund arises chiefly from the proceeds of the sale of lands, which are for the most part corporate property, though held to charitable uses. They also appear to derive about the same amount from "interest" on their corporate moneys.

The plate, pictures, and other property of the Company are stated to be worth 17,0001. It is not stated whether this sum includes the value of the Company's wine.

At the end of 1879 there was a debit balance against the Company of about 15,500l. During the 10 years a sum of 42,000l. was spent on the London estates of the Company and on the building of industrial buildings at Walworth, against which must be set a legacy of upwards of 8,000l., which was carried into income.

Trust Property.

The Company are trustees of about 70 charities, from which the income is stated to be on an average about 3,6007. a year. Of this sum about 3,000l. according to the Company's accounts arises from rents, the remainder from dividends, or from sums payable in respect of money legacies which have been charged by the Company on their general corporate revenue.

The charities supported out of this income are as follows:

Internal:--

Support of the Company's almshouses and relief of poor members.

1. St. Peter's Hospital, Wandsworth, in which 42 almspeople free of the Company are provided for. The trust income is stated to be under 400l. a year, and the Company spend upwards of 2,000l. a year out of their corporate income on the maintenance of the institution. These almshouses were removed and rebuilt by the Company in 1851 at an expense of 25,000.

of

2. A considerable number of small legacies for the relief poor members external, but also partly internal. 3. Six presentations to Christ's Hospital purchased by the Company.

Partly Internal, partly External :—

1. Jesus Hospital at Bray, Berkshire, in which 40 parishioners of Bray and six poor freemen are received. The endowments consist of about 1,1007. a year, arising chiefly from lands at Bray and in the City of London. The Company add upwards of 1001. a year from their corporate income. A legacy of 2,000l. has recently been received by the Company for this charity.

2. Almshouses at Harrietsham, Kent, in which six parishioners and six poor freemen are received. The endowment is about 1007. a year. The Company add about 3001. a year out of their corporate funds.

3. Sir Thomas Gresham's Free Grammar School at Holt, Holt school. Norfolk, for the education of 50 boys. The endowment appears to be about 9001. a year, of which about 6001. arises from the rent of lands in the City of London and at Holt. The Company appear to spend about 2001. a year out of their corporate income on this charity, which has during the last 10 years been very much in their debt owing to their having rebuilt the school about 50 years ago. The debt is still upwards of 4,000l.

4. Doles to the poor of London, and provincial parishes, exhibitions (see below), external payments, such as for clergymen, and a large number of loan trusts which the Company is compelled to administer as such under an order of the Court of Chancery.

Position in relation to Universities.

The Company has 22 exhibitions of 201. a year each tenable at Oxford, Cambridge, University College, London,

The Company have redeemed the tithe rent-charge. They expend on an average about 1,500l. a year in improvements, and subscribe about 2,000l. a year in grants to farming societies, schools, and the support of the Roman Catholic and Presbyterian clergy.

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