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BAKERS' COMPANY. CHARITIES.
TO THE CHARITY COMMISSIONERS FOR
This rentcharge is regularly paid and brought into the
Almshouse Fund Account, but it is not administered in
should be an addition to the usual stipend of recipients, to Endowed Charities under the management of the Bakers'
which course the governing body appear disinclined on the Company in the City of London, which I find to be the assumption that it would be productive of jealousy and ill following, viz. :
CHARITIES OF Richard WHITE AND JOSEPH READ.
Richard White by will dated in 1748 gave to the Bakers'
Company 5001., and directed the interest to be distributed
among poor members of the Society on Christmas Day, at
the discretion of the Master and Assistants.
Joseph Read by will dated 6th July 1813 gave 5001. 31.
per cent. consols, the dividends to poor members of the
Company to be distributed at the same time as the contents
of the poor box.
The sum of 1,0001. 31. per cent. Reduced annuities now
stands in the corporate name of the Company in respect of
poor-box also, are credited to the almshouse fund. THE BAKERS' ALMSHOUSE FUND. The successive Masters, Wardens, and Commonalty of
MAGNUS SALMOND's CHARITY. the Mystery of Bakers of London for many years past have allowed the principal sums of the various charities Magnus Salmond by will dated 24th April 1827 beunder their control, to merge into the general funds of the queathed to the Company (after the decease of his sister) Company; still it was shown by ample evidence that a 801. per annum Long annuities to be applied to the much larger amount than the interest of the United
erection and endowment of almshouses for decayed Charities has been distributed.
members of the society. Since the foundation of the Bakers' Almshouses the This legacy was received by the Company 13th April income of all their Charities (with the exception of Rose
1849, and is now represented by two sumsand Rogers) donations, contents of poor_box, &c., have
£ been concentrated into “The Almshouse Fund,” which is
393 91 expended in the payment of annuities and allowances of
341 0 7 coals, bread, &c., to the occupants as reported hereafter. The Bakers' Almshouses are situated at Hackney, and
CHARITIES OF ROSE AND ROGERS.
None are eligible under 60 years of age, and the Com- Bakers’ Company 521. in trust to lend 261. each to two pany require a guarantee from responsible persons that honest men of their society for four years at 5l. per cent. those admitted are possessed of 201. per annum, or that
interest. their friends are prepared to make up the amount for This sum (52s. per annum) the Company by deed dated them.
20th September 1589 obliged themselves and their succesThe Company allow 91. per annum pension, a piece of sors to pay to the parish of St. Michael's Bassishaw, to be beef at Christmas, a two-pound loaf of bread a week, and expended in bread and distributed every Sunday to 13 poor two tons of coals per annum to each of the 12 occupants inhabitants of the parish. (10 of whom are widows, and two decayed freemen of the The executors of a Mr. Rogers in 1601 paid to the society) who are subject to certain printed rules for the Company 1001., on condition that they should deliver regulation of their conduct or admission.
every Sunday morning to the parish officers of St. Michael's,
Bassishaw, two dozen penny loaves of bread to be
The Bakers’ Company in respect of these two charities
regularly supply 12 threepenny loaves every Sunday at the
Church of St. Michael's Bassishaw, which are given among
€ d. 1656. Barbara Snow
50 0 0
the poor by the churchwardens. 1706. Thomas Cooke
40 0 0
There is no record of any advances ever having been 1728. Thomas Bradley 100 0 0
made according to the will of the first testator." I was the increase to be applied to poor pensioners and decayed
informed the generally received opinion is that no loans members of the Company or their widows. Mr. Henley
had ever been granted, and that the Company dealt with Smith, clerk to the Company, informed me the above
the principal money when the deed of 20th December 1589
was executed. sums are supposed to have merged into funds of the Company and are now represented by a portion of a sum
The payment for the bread (71. 16s.) appears regularly in of 1,8961. 28. 3d. (Consols) standing in the corporate name
the present and earlier books of the Company. of the Company, the dividends of which are applied to the almshouse funds as before mentioned.
ROBINSON's Lost CHARITY.
The late Commissioners mention the record in the
Parliamentary Returns of 1786 of a rentcharge of 31. 6s. 8d.
was found of its ever having existed.
GEORGE THOMAS TURNER'S CHARITY.
(Not reported). George Thomas Turner, by will dated 17th October 1835, bequeathed the sum of 5001. to the Bakers' Company as an addition to the fund established by them for endowing the almshouses for decayed liverymen and freemen or their widows at Hackney. And the said testator directed the same 5001. to be invested in Government or real securities, and the dividends or annual produce to be applied for the
endowment of the said almshouses and support of the inhabitants in such manner as the Master, Wardens, and Court of Assistants, and their successors, should appoint.
The testator died 31st May 1837, and the property of this Charity is included in the sum of 1,8961. 2s. 3d. before referred to. All which I submit to the Board.
Inspector. Dated 7th June 1860.
MR. JAMES LEONARD HARNOR, Master.
THE WORSHIPFUL COMPANY OF BAKERS in Account with the ALMSHOUSE FUND.
We, the undersigned, have examined and audited the above account, and find that a balance of 561. 17s. 8d. is due to the THE BARBERS' COMPANY.
2nd January 1882.
ALEXANDER BAKER'S CHARITY.
TO THE CHARITY COMMISSIONERS FOR
ENGLAND AND WALES.
The charities of Thomas Banks and John Banks.
Alexander Baker, by will dated 25th September 1635, gave a rentcharge of 31. issuing out of his tenement then called the Blue Boar, now No. 195, in Thames Street, for the use of six decayed freemen of the Company to be distributed the first Thursday in July.
This annuity is regularly paid by the receiver appointed by the Court of Chancery and applied as directed.
The selection of annuitants is the same in all the charities of the Company. It is on petition to the Court.
MICHAEL L'ANS' CHARITY AND JOHN DRIVER’8
AUGMENTATION, Michael l’Ans, by will dated 21st August 1759, bequeathed to the Company the sum of 2,0002. in trust, to invest the same in Government securities, the dividends of which he directed to be applied and distributed equally amongst 20 poor liverymen's widows of the Company at Midsummer and Christmas,
John Driver, by will dated 15th February 1810, gave the sum of 201. in augmentation of the above.
From vacancies and accumulations which have from time to time been carefully invested, the amount of stock has increased, till there is now standing in the corporate name of the Company 4,7591. 18s. 7d. 31. per cent. Consols, and from the dividends (1421. 158. 11d.), 20 poor widows of liverymen receive pensions of 77. each per annum in two payments of 31. 10s. in February and August.
The recipients are appointed by the Court upon petition and remain for life if they continue unmarried and conduct themselves creditably.
THOMAS KIDDER'S CHARITY. Thomas Kidder, by will dated 18th December 1828, bequeathed to the Company 100. stock, in trust to apply the dividends to the relief of one poor freeman's widow for ever, on the first Tuesday in May and November.
The 1001. 31. per. cent Consols stands in the corporate name of the Company and the dividends are applied as directed.
By occasional vacancies a balance of six or seven pounds has accrued; the court of assistants have therefore passed an order that 41. per annum shall be given till the accumulation is exhausted.
CHARITIES OF THOMAS BANKS AND JOHN Banks.
Thomas Banks, by will dated 15th October 1595, gave the Company of Barber-Surgeons an annuity of 20s. (how secured is not now known), on condition that they should, on the 11th May, give to 12 poor people free of the Company each 4 lbs. of beef, a twopenny loaf, twopence in money, and a wooden platter.
John Banks, son of the above, by indenture dated 20th May 1619, gave an annuity of 20s. to be distributed in the same manner and on the same day as his father's charity.
By the said indenture John Banks conveyed to Sir Baptist Hicks and others and their heirs a messuage and appurtenances with three closes of land adjoining containing about 6 acres, situated at Holloway in the county of Middlesex.
And by a deed of the same date it was declared that the said conveyance was made upon trust, that the yearly rent of 171., for which the premises were then let, and all other rents and profits thereof to grow due, should yearly be paid to the Mercers' Company, and that all the said money should from time to time be applied by the said Company as therein specified.
Among the objects to which the rent is appropriated is this 20s. per annum to the Company of Barber-Surgeons. Up to the year 1850 the sum of 20s. was received from the Mercers' Company, and formed part of the fund distributed on the first court day in May, the remainder (from 31. to 41.) being supplied from the general funds of the Barbers' Company.
The entire rents, however, having been appropriated to different charitable objects, it appeared to those interested that all were entitled to participate proportionally in the increased rents, which had now improved from 171. to 841.
Proceedings were accordingly taken which effected this object, and the increased receipts commenced in 1950, and have been as follows:The payments are as under
4 15 0 1851
4 15 0 1852
4 1 5 1853
4 14 11 : 1854
7 0 0 1855
4 9 3 In consequence of repairs and outlay on the premises, no payments have been made by the Cutlers' Company since 1855, but still the Barbers' Company continue the distribution exactly as before, and in their books debit the charity account with the cost, which now amounts to 181. 12s. 7d. The recipients, who must be freemen or freemen's widows of the Company, are nominated by the Court, and continue for life.
The distribution is made on the first court day in May, when each recipient attends at the Hall, and is presented with 4 lbs. of beef, a threepenny loaf, and twopence in money—the gift of the platter is discontinued. The numbers vary from 30 to 36.
THOMAS COTTERELL's CHARITY.
Thomas Cotterell, by will dated 28th January 1833, bequeathed to the Company 3,3331. 6s. 8d. 31. per cent. Consols, and directed the interest (1001. a year) to be equally divided between 25 widows of decayed liverymen of. the Company:
No provision having been made for the legacy duty, 3,0001. of the stork only was transferred to the Company by the testator's executors in February 1833, and the distribution commenced in the same year.
It was stated that the original intention of the Court was to allow something to be set apart at every distribution, and thus to create an investment fund until the deficiency caused by the legacy duty had been made up; the proposition, however, seems to have been abandoned, although from vacancies occurring a balance accrued of about 1201. out of which 1001. of stock was purchased, so that there is now standing in the corporate name of the Company 3,1001. 31. per cent. Consolidated Annuities in respect of this charity.
The dividends (931.) and the above balance constitute the fund from whence 41. per annum is given to 25 widows of liverymen, by two payments of 21. each made in January and August.
Recipients are elected by the Court on petition as in the other charities.
MALCOLM DUNNETT'S CHARITY.
(Not reported.) Malcolm Dunnett, by will dated 30th August 1842, gave the Company the sum of 2001. 3 per cent. Reduced Annuities, the dividends to be applied towards the support of decayed liverymen; preference always to be given to the two senior liverymen of the Company applying for relief, and to be an addition to the aid they are entitled to receive from any other charitable fund at the disposal of the Company:
The 2001. Reduced Annuities stands in the name of the Company and the dividends are given to two poor liverymen who are pensioners.
A small balance had accrued in favour of this charity which is now exhausted by the annuities having been raised from 31. to 41. each.
pany as the Court of Assistants should appoint to receive the same. The other inoiety he directed to be paid halfyearly amongst 20 poor widows of liverymen of the Company in like manner as the charity of Michael l'Ans is disposed of.
The sum of 1,0451. Bank 3 per cent. Consolidated Bank Annuities standing in the corporate name of the Company constitutes the property of this Charity, and from the dividends (311. 7s. Od.) three poor liverymen receive 51. each per annum and 20 poor widows 15s. a year by equal payments on the first Court day in February and August.
The Decayed LIVERYMEN'S FUND.
(Not reported.) The origin of this charity dates from the 3rd June 1823, when by an order of the Court of Assistants there was set apart from the stock of the Company the sum of 9001. Old South Sea Annuities (since paid off) for the purpose of forming a fund for the relief of decayed liverymen of the Company.
Peter Skippen, by will dated 25th September 1846, gave 1001. free of legacy duty in aid of the above fund, from which at this period six poor liverymen received pensions of 50s. half yearly.
In 1851 the greater part of the charity property was invested in the purchase of a freehold house, No. 46, Church Street, Minories, wbich cost 8431. 13s. 3d., subject to the remainder of a lease not yet expired, granted to Messrs. Murray and Paterson at a rental of 551. per
This house, a sum of 1601. 3 per cent. Consols, standing in the name of the Company, and a cash balance of 1491. Ils. Od. (about to be invested) constitutes the whole property of this Charity. The pension to the six poor liverymen is now increased to 51. each half-yearly and is paid the first court day in May and November.
ROBERT FERBRAS' CHARITY.
(Not reported.) Robert Ferbras, citizen and barber-surgeon, by his will dated 2nd December 1470, devised two freehold houses Nos. 41 and 42, Dowgate Hill, in the parish of St. John, Walbrook, London, to the Company upon trust after repairing the same to divide the moiety of the surplus receipts among poor members of the Company.
It was stated that until about 12 years ago the whole of the proceeds of this bequest had been added to the general funds of the Company without any knowledge of the above trust which came to light in consequence of the tenement being required by the City of London who purchased it (under the City Improvement Act) for the sum of 2,0801.
This was by order of the Court dated 23rd March 1849 invested in the purchase of 2,2541. 14s. 10d. Consols.
By a subsequent order of the Court, dated 28th February 1852, 1,9891. 198. Od. of this stock was sold out for the purchase of a freehold house No. 69, Leadenhall Street, leaving a balance of 2641, 15s. 10d. still standing in the name of the Accountant-General of the Court of Chancery, In the matter of the City of London Improvement Act, Ex parte the Barbers' Company.
From occasional vacancies the balance accumulates which is invested, and in this manner 75l. of the same stock has been added to this Charity which stands in the name of the Company.
The house in Leadenhall Street is let to Davies on a 21 years lease from Lady Day 1844, at the rent of 1101., one moiety of which, after deducting half the insurance, is credited to the account of this Charity, also half the dividends.
From this fund 20 poor freemen and widows receive quarterly. 13s. each; the present balance in favour of the Charity is 201. 2s. 8d.
Bakers' ALUSHOUSE FUND.
(Not reported.) 'The Court of Assistants, hy a resolution dated the 7th August 1855, established a fund for the erection and endowment of almshouses for decayed members of the Company and their widows by contributing thereto the contents of the poor box and court fees of absent members and directed that they should continue to be so applied.
In November 1856, Mr. John Atkinson, by deed of gift, gave the Company 10 freehold houses in Cross Keys Court and Half Moon Alley, Cripplegate, in trust to aid the fund lately established by them for the erection and endowment of Almshouses for poor members of the Company
The above houses are let on lease at a ground rent of 201. per annum which has 40 years unexpired. The sum of 1501. 3 per cent. Consols standing in the name of the Company, and a cash balance of 521. 15s. 2d. about to be invested constitutes the present property of this Charity. All which I submit to the Board.
Inspector of Charities,
July 13th, 1860.
William Long's CHARITY.
(Not reported.) William Long, by will dated 7th July 1834, gave to the Company 1,0001. 3 per cent. Consolidated Annuities, and directed the moiety of the dividends thereof to be applied half-yearly to so many of the poor liverymen of the Com
STATEMENT of the Accounts of the CHARITY called Mr. MICHAEL I’Ans, of which the following Persons are the Trustees, viz., THE MASTER, GOVERNORS, AND COMMONALTY OF THE MYSTERY OF BARBERS OF
LONDON, for the Year ending on the 11th day of August 1881. 1.-GROSS INCOME arising or due from the ENDOWMENTS of the Charity for the Year ending on the 11th day of August 1881.
Description of Stock in the
Names and Descriptions of Persons in
whose Names invested.
Deductions (if any) from Income.
Net Annnal Income.
Arrears due at commencement
Arrears due at close of Account.
Master, Governors, and Commonalty of the
Mystery of Barbers of London.
2.–BALANCES IN HAND and RECEIPTS on account of the Charity during the Year.
3.-PAYMENTS on account of the Charity during the Year.
Balance (if any) in favour of tbe Charity and in hand at the commencement of
the account. To balance of last account as audited
4,759 18 7
return of income tax
4.-An ACCOUNT of all MONIES owing to or from the Charity, so far as conveniently may be stated, at the close of the Year ending on the
Outstanding Debts or Liabilities of the Charity, and to what Persons, and on what Accounts.