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A58108 A short account of the Company of Grocers from their original : together with their case and condition (in their present circumstances) truly stated : as also how their revenue is settled for payment of their charities, and provision made for the well-governing their members and mystery, to preserve a succession in their society : designed for information of all, and benefit of the members, and for satisfaction and encouragement of their friends and benefactors. Ravenhill, W. L. D. 1689 (1689) Wing R325; ESTC R32274 39,553 58

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his last Will and Testament dated the 17th Day of July 1556. gave for ever to this Company all his Lands and Tenements in Canning-Street and the several Lanes adjacent whereon are now erected many fair Dwelling-Houses by the Lessees after the late dreadful Fire To maintain a School-Master and Vsher and seven Alms-men and a Woman to attend them at Gundle in Northamptonshire and the Surplusage to support their Charities The Bodies of these two Worthy Members and Benefactors were both laid in one Vault in St. Mary Aldermary Church with fair Monuments over them demolished by the said late Fire The said Sir Henry Keble at his own proper Charges built the said St. Mary Aldermary Church BENEFACTORS From whom the Company have received their Revenue designed for the Support and Relief of their poor Members and Discharge of other charitable Vses BENEFACTORS Who gave the Company Summs of Money to purchase Lands and Tenements which with much more they laid out in improving the Lands and Tenements so given by other Benefactors that the same might also answer the yearly Charities appointed by those Donors of such Moneys The DONORS Names and the Streets and Places where their Lands and Tenements so given are situate Sir Henry Keble Broad-Street Sir William Butler Thames-Street Mincing Lane. John Maldon Botolph-Lane Thomas Gore Grace Church-Street Lombard-Street John Billesdon Cornhil Sir William Laxton Canning-Street Bush-Lane Abchurch-Lane St. Nicholas-Lane Eastcheap Sherborn Lane. St. Swithins Lane. John Wardall Walbrook Thomas Knowles St. Antholins Emme Bachus Wood-Street Steyning-Lane Sir Thomas Middleton Baynerd's Castle William Robinson Grub-Street Elizabeth Burrel Cheap-Side Peter Bloundell Donning's Alley Sir John Hart Shore-Ditch Lady Anne Middleton Montgomery-Shire Cornwall   lb Lady Conway 1441 Gilbert Keate 600 William Robinson 400 Alderman Saunders 210 Francis Tyrrel 700 John Heydon 100 Edmond Turvill 1000 Robert Lambert 100 Nicholas Stiles 100 Sir John Peachy 500 Richard Haile 200 Mr. Wheatley 100 Humphry Walwyn 600 Mary Robinson 500 Total Summ 6551 The present Rents with some small Addition from the casual yearly Profits do discharge the whole yearly Charities of both kinds and the Arrears of each Branch are secured to be paid out of the first Fines on renewing Leases and other Improvement of the same And to preserve and augment their Revenue they have made provision to prevent adding to any Term whilst five Years remain in being and not to reserve less than 10 l. per Cent. per Annum of the full improved yearly Value on Demise of any part thereof Benefactors WHO gave Summs of Money to be lent to young Members of the Company on small or no Interest at the Discretion of the Wardens and Assistants wherewith the Company having charged themselves the same are now decreed to be raised out of the first Fines on renewing Leases or other Profits arising out of their Revenue above their yearly Charities immediately after the Arrears of their yearly Charities shall be discharged and for ever to be continued a Stock for these and to be applied to no other Vses whatsoever   l. s. d The Lady Slaney 100 0 0 Edmond Turvyll 100 0 0 Henry Anderson 100 0 0 John Newman 100 0 0 Gilbert Keate 50 0 0 Thomas Wheatley 50 0 0 Sir John Lyon 200 0 0 Edward Elmer 50 0 0 Thomas Farmer 100 0 0 Lettice Deane 200 0 0 Richard Lambert 100 0 0 Edward Jakeman 200 0 0 Katharine Hall 100 0 0 Roger Knott 100 0 0 John Heydon 100 0 0 Sir Thomas Ramsey 200 0 0 Peter Houghton 400 0 0 Thomas Ridge 100 0 0 John Grove 100 0 0 Gilbert Keate 50 0 0 Thomas Dawkins 20 0 0 Robert Brooke 100 0 0 Mary Robinson 200 0 0 George Holman 100 0 0 Richard-Hall 100 0 0 Thomas Westraw 100 0 0 Robert Bowyer 50 0 0 John Hudson 100 0 0 Sir Robert Nappier 100 0 0 William Pennyfather 100 0 0 Thomas Moulston 200 0 0 Stephen Abberley 250 0 0 John Mevil 100 0 0 Thomas Gamull 200 0 0 Constance Wrightman 100 0 0 Sir Edmond Wright 50 0 0 Thomas Freeman 100 0 0 William Pennyfather 233 6 8 This was not only a great Encouragement for young Men so to behave themselves during their Apprenticeship as by a good Report to recommend themselves capable of such a Favour from the Company but is a great Obligation on such of them as by God's Blessing on their Endeavours shall from small Beginnings gain ample Estates to become themselves also liberal Benefactors IN the Reign of King Henry the IV. Henry Chicheley the Eldest Brother being then Lord Arch-Bishop of Canterbury his two younger Brethren were both Aldermen and Members of this Company viz. Sir William the Second and Sir Robert the Third both in their turn Sheriffs and Sir Robert afterwards twice Lord Mayor who purchased the Ground whereon St. Stephen's Church in Walbrook now stands which he built at his own charge the Advowson whereof remains in the Company of Grocers to this Day which Church being consumed by the Fire Anno 1666. The Right Honourabie Sir Thomas Chicheley also a Member of this Company who descended in a right Line from the said Sir Robert late Master of the Ordnance afterwards Chancellor of the Dutchy of Lancaster and to King Charles the Second and some time to King James the Second of Their Majesties most Honourable Privy Council laid the first Stone and was a liberal Benefactor towards rebuilding thereof And being their Master Annis 1686 / 7. at his own charge built the Company a new Barge and purchased them the Tennant Right of a Barge-House in grateful remembrance whereof they have caused his Picture and this Inscription to be here set up If I were to give a Title to this following Table I humbly conceive it might be not improperly called The Insurance Office. That the Heir may not sooner prodigally waste than his Ancestor frugally got the Estate ΑΠΟΚΑΛΥΨΙΣ ιδ. ιγ. * Rev. 14.13 They rest from their Labours and their Works do follow them 〈◊〉 〈◊〉 〈◊〉 〈◊〉 〈◊〉 ALthough Good Works or well-husbanding our Talent lent for Improvement be not Meritorious yet in the Dialect of the Apostle they are esteemed the best Evidence of Faith and Obedience and remain a surviving Testimony of a Faithful Steward when silent in his Grave And it is observable that in all Ages Honour and Estate have been most lasting in their Families who have most abounded in Works of this Nature So that if it were modest to assign the Cause why so many great Estates have been sooner wasted by a Prodigal Heir than gotten by his Frugal Parent we may with humble submission conclude it is from a defect in this great and necessary Duty so generally Crown'd with a Blessing on Posterity SIR JOHN CUTLER Knight and Baronet a Worthy Member of this Company having Fined for Sheriff and Alderman nigh forty years since was chosen and held Master-Warden Annis 1652 / 3. and did immediately after the dreadful Fire
occasioned some difficulty in settling the draught of the Lease hereafter mentioned from the Company to the City The City claiming Interest in the soil of the Weigh-house-yard upon some surmise that they had more ground there than what they claimed under the Company 's Title belonging to them until I had made the contrary appear both by Evidence and Certificate of the ancient Inhabitants there as also that as well all the ground so demised by the Company to the City as that whereon the Houses on all parts of the Weigh house-yard are built being bounded on the North with the ground of the Merchant-Taylors and fronting the High Street of Cornhill is part of that ground so devised by Mr. John Bilsdon to the Company of Grocers So as all the Interest the City hath there appears to be thus viz. The Grocers having as above is mentioned the management of the Office of the King's Beam did formerly accommodate the City with a Weigh-house there How the City have Interest in the Messuage in Weigh-House-Yard convenient for executing the same Office under some reserved Rent for that the whole duty arising thereby the Weigh-Master and Porters Wages deducted belonged to the City until the year 1625. some difference happening between the then Lord Mayor and the Company touching the Nomination of one to succeed the Weigh-Master then lately Dead a Committee of Aldermen was appointed for the City and a Committee of Grocers for the Company who determined the same and the Company pursuant to that Agreement were to grant the City a Lease of their Weigh-house being one great lower room for 99 years under the Rent of 10 l. per annum which the City accordingly had and enjoyed and the Company to enjoy their Privileges so to nominate the Weigh-Master and Porters The Company afterwards granting a Lease to one Lyonell Newman of a small Ware-house at one end of the same Weigh-house and of all the Rooms as well over the Weigh-house as over the same Ware-house for a long term at 40 s. per annum the City afterwards purchased the said Lyonell Newman's Interest and the whole being so consumed by the Fire upon application of the City to the Judges at Clifford s-Inn The Judges decree a Lease to the City of it and on hearing the City and Company they Decreed the Company for encouragement of the City to build should grant the City a Lease of the whole with additional years under the entire Rent of 12 l. per annum which is drawn and prepared accordingly being one Messuage erected by the City on the ground whereon the Weigh-house and Ware-house stood and now in the occupation of Mr. Williams the Leassee of the City The other part of the Company 's Revenue and the several Charities and Vses wherewith the w●●le and every branch are charged As also the Schools and Ecclesiastical Promotions in their gifts digested in Books at the Hall. The other branches of the Company 's Revenue together with the several Charities and Uses wherewith as well Sir Henry Keble Sir William Laxton and Mr. Bilsdon's as also every other branch thereof are charged as also the several Schools and Ecclesiastical Promotions in the Company 's disposition and under their Government and Inspection I have digested into an orderly Method as most proper there to be seen in Books for that purpose provided at the Hall. Thus this Company long flourished both before and after that time with many Eminent and Worthy Members who became very liberal Benefactors and had so great a share all along in the Senators of this famous City Had always an Alderman their Master Intrusted with many Charities which they faithfully discharged 〈◊〉 the Fire Consumed their Revenue that they never wanted an Alderman of their Members yearly to succeed Master-Warden of this Company and so faithfully did they acquit themselves of those Charities they were intrusted withal that it gave them the greatest Reputation of any Company in London Insomuch that many well-disposed Persons did covet to make this Corporation as it were the Corban of their Charities which in process of time became their Snare as in this Discourse will immediately appear wherein I shall endeavour by giving a true account of the Nature of those Charities to remove the reproach that hath been cast on this Company as if they had mis-imployed them and make it plainly appear that the Company of Grocers have in the Judgment of every impartial Man who shall well weigh their Circumstances from the first to the last acquitted themselves in all the Trust and Affairs of this Company as becomes Worthy Citizens and beyond what the worst of their Detractors might have justly expected from them especially considering how small a part of their yearly Revenue remained to the Company when the Yearly Payments issuing thereout pursuant to the Disposition of the Donors are deducted MOST part of all the Land and Houses Though charged with nigh the value and so rather charge than benefit to them given to the Grocers Company were by the Donors charged with yearly Charities issuing thereout to certain Uses by them limited and appointed well nigh amounting to as much as the Rent reserved upon long Leases in being and Let before they contracted any of their Debts as is hereafter mentioned all or most part of which lay in the City of London and the same Leases many of them were nigh expiring about the time of the late dreadful Fire Those other Charities which were Summs of Money In regard many of them were Summs of Money left them to pay yearly Charities given by several Benefactors unto this Company there to remain as a Fund who charged this Company on that account with yearly payments to certain Parishes Places and Uses well nigh as much as the full Interest thereof amounted to or very small advantage to the Company over and above the same so that the Company were necessitated to dispose of those Summs of Money at Interest on the best Securities they could get Which being put out on Securities many proved bad to enable them to make good those yearly Charities many of which Securities might in all probability become very backwards in payment and sometimes quite Desperate so that the Company having daily Money pressed upon them were inforced to accept the same at Interest and thereout continued constant payment of those yearly Summs and also to accommodate Young Men of their Members with Money on Security to set up pursuant to the Wills of several Donors of that kind whereof they had not a few Benefactors so that in time by occasion of many Losses and Casualties of this Nature And so loss accrewed to them it cannot be imagined but the Company must sustain much damage notwithstanding all their Care and Endeavours though they were not in the least sensible thereof till they had long after under greater pressure tryed their Securities their Credit being very High and