CHARITIES.
Ferbras’ Charity.—Mr. Robert Ferbras, Citizen and Barber-Surgeon, by his Will, dated 2nd December, 1470 (see [p. 161]), devised two Freehold Houses in the Parish of St. John, Walbrook, London, to the Company, upon Trust after doing the repairs, to divide one moiety of the surplus receipts among poor Members of the Company, which are distributed Quarterly among 28 poor Freemen and Widows.
N.B.—The above houses have been taken down and sold, and the proceeds invested in the purchase of the moiety of a Freehold House, No. 69, Leadenhall Street, and of a Freehold House, No. 57, Lansdown Road, Notting Hill.
Bancks’ Gift.—Mr. Thomas Bancks, by his Will, dated 15th October, 1595, gave to the Company an Annuity of Twenty Shillings, on condition that they should yearly distribute equally amongst 12 poor people of the Company, 12 Twopenny Loaves, 6 Stone of Beef, and Two Shillings in Money. And Mr. John Bancks, his Son, by indenture, dated the 20th May, 1619, also gave an Annuity of Twenty Shillings, to be distributed in the same manner and on the same day as his Father’s Charity.
N.B.—This Charity is now administered by the Mercers’ Company, under an order of the Court of Chancery. The estate consists of Freehold Property at Holloway, the income from which amounts to about £40 per annum, and is distributed half-yearly in July and January among poor Members of the Company.
Baker’s Gift.—Mr. Alexander Baker, by his Will, dated the 25th of September, 1835, gave to the Company an Annuity of Three Pounds charged upon a Freehold House, No. 195, Upper Thames Street, to be yearly distributed to Six decayed Freemen of the Company, which is done on the first Tuesday in July.
Mr. Michael I’Ans’ Charity.—Mr. Michael I’Ans, by his Will, dated the 21st of August, 1759, gave to the Company Two Thousand Pounds, the interest of which he directed to be applied and distributed among 20 poor Liverymen’s Widows of the Company. And Mr. John Driver, by his Will, dated the 15th of February, 1810, gave the sum of Twenty Pounds to be applied in addition to the said Gift.
N.B.—This Fund, with accumulations, now consists of £4,759 18s. 7d. Consols, the Dividends of which are distributed half-yearly to twenty poor Widows of Liverymen of the Company, on the first Tuesdays in February and August.
Decayed Liverymen’s Fund.—The Court of Assistants, by an Order of Court, dated the 3rd day of June, 1823, set apart from the Funds of the Company the sum of Nine Hundred Pounds, Old South Sea Annuities, for the purpose of forming a fund for the Relief of Decayed Liverymen of the Company; the Dividends whereof are distributed, half-yearly, amongst Seven Poor Liverymen of the Company, on the first Tuesdays in May and November.
N.B.—The Old South Sea Annuities having been paid off, the proceeds were invested in the purchase of a Freehold House, No. 46, Church Street, Minories. The Fund, with accumulations, now consists of £876 7s. 8d. Consols.