founded by that monarch by letters patent, dated 10th February, 1552, and endowed with portions of the estates of the late dissolved Colleges of St. Mary and St. Chad, in this town. The original endowment, on the request of the learned, estimable, and ever to be venerated Thomas Ashton, the first Schoolmaster, was considerably enlarged by Queen Elizabeth, in the 13th year of her reign, by a donation of other portions of the properties of those ecclesiastical institutions. Mr. Ashton himself left by will a handsome legacy; and Dr. John Taylor, the learned editor of Demosthenes, bequeathed the greater part of his valuable library.
The amount of the present annual revenue is £3086. 15s. 1d. which is appropriated in the payment of the Salaries of the Masters and Bailiff, the maintenance of scholarships and exhibitions in the Universities, the stipends of the Vicar of Chirbury, and the Curates of St. Mary, Clive, and Astley, the necessary repairs, &c. of the school-buildings and estate, the Library, Rewards, Prizes, &c., providing residences for the Incumbents of the School livings, and a Play-ground. The surplus is applied to the formation of a Reserved Fund, not exceeding £5000, to be applied from time to time, under the direction of the Court of Chancery, for repairs, &c. of the School buildings and Estate.
The head-master receives a salary of £425, including £100 for Mathematical instruction, and a further sum of £40 as catechist and reader; the second master £200, and the third master £100, with the use of dwelling-houses, free from rent, taxes, and repairs; the French and German master £50, and the writing master £50.
The exhibitions and scholarships from this school to both Universities, are numerous and valuable, and are mostly confined to the sons of burgesses, (who have attended the school for two years), born in the town or suburbs, or in the Abbey Foregate; or in default of such, to persons born in the parish of Chirbury; or in default of such, to those born in the county of Salop.
Advantages open to all boys educated at Shrewsbury School.
Four scholarships of £63 per annum each, on the foundation of John Millington, D.D. at Magdalen College, Cambridge, tenable during residence till M.A. Electors, the Master and Fellows of the College.
One Fellowship of £126 per annum, on the same foundation, in the same College. Electors, the same.
One Exhibition of £23 per annum, on the foundation of John Taylor, D.D. open to any College. Electors, the Head and Second Masters, and the Mayor of Shrewsbury.
One Exhibition of £10 per annum, on the foundation of Mrs. Nonnely, for a boy proceeding to the University of Oxford.