and Twelve of the Company for the Mercers, and Eight for the City. Their Names
the Year 1707, (as I then received them) were as follows:
The Right Honourable Sir Robert Bedingfield, Knt. Lord Maior.
Knts. and Aldermen.
Sir Richard Levett,
Sir Thomas Abney,
Sir Robert Beachcroft,
For the City,
Mr. Thomas Loveday.
Mr. John Sherman.
Mr. Augustin Marriot.
Mr. Thomas Sisson.
Mr. John Halls.
Mr. Edw. Hammond.
Mr. John Cradock.
For the Company of Mercers,
Mr. Nathaniel Houlton, Master.
Sir Edmund Harrison.
Sir Samuel Moyer.
Mr. William Bridges.
Mr. Nicolas Hilliard.
Mr. John Spillet.
Mr. Jasp. Clutterbuck
Tho. Blackmore, Esq;
Mr. Samuel Clark.
Mr. - Grivil.
Mr. Edward Carleton.
The Will of Sir Thomas Gresham, dated in July, 1575, the 17th Year of Elizabeth;
the Endowment of the Readers of these Lectures, was to this Tenor:
Moiety of the Buildings of the Royal Exchange, with all Pawns, Shops, Cellars,
Vaults, Messuages, Tenements, &c. parcel of the said Exchange, after the
an Indenture Quadripartite, should remain unto the Maior, Commonalty, and
London, and to their Successors upon Trust to perform certain Payments, and
Intents hereafter limited: And the other Moiety to remain to the Wardens and
Commonalty of the Mystery of the Mercers of London, and to their Successors,
Trust and Confidence, and to the Intents hereafter mentioned. And when that one
Moiety of the said Exchange should come to the said Maior and Corporation of the
City, they and their Successors, shall every Year give and distribute, for the
Sustentation of Four Persons, to be chosen by the said Maior and Commonalty,
read the Lectures of Divinity, Astronomy, Musick, and Geometry, within his own
Dwelling House, within the Parish of St. Hellens in Bishopsgatestreet, and in
Peters the Poor, the Sum of 200l.; that is, to every of the said Readers the Sum
Yearly, for their Salaries and Stipends; to be paid at the Feasts of the
St. Mary the Virgin, and St. Michael the Archangel, by even Portions. And
give and distribute the Sum of 53l. 6s. 8d. Yearly, unto Eight Alms Folks, whom
said Maior and Commonalty, or their Successors appoint to inhabit his Eight
Almshouses in St. Peters the Poor; to every of them the said Alms Folks the Sum
13s. 4d. to be paid at the four usual Terms in the Year. And that the said
Commonalty should give and distribute at the Terms aforesaid, to the Relief of
Prisoners in the Prisons, known by the Names of Newgate, Ludgate, the King's
Bench, the Marshalsea, and the Counter in Woodstreet, 50l. in Money, or other
Provisions and Necessaries; Viz. to every of the same five Prisons 10l. at the
usual Feasts, or Twenty Eight Days next after."
Sir Tho. Gresham's Will concerning these Lectures. Communicated to me by Dr. J.W.
And as concerning the other Moiety, disposed to the Wardens and Commonalty of
Corporation of the Mercers, they and their Successors Yearly shall give and pay,
for the finding and sustentation of three Persons by
them from time to time to be chosen, and meet to read the Lectures of Law,
and Rhetorick, within his said Dwelling House the Sum of 150l. that is, to every
said Readers, for the time being, the Sum of 50l. for their Salaries and
Stipends at the
two usual Terms of the Year, viz. the Annunciation of the Blessed Virgin Mary,
Michael, by equal Portions. And that the said Wardens and Corporation of
and their Successors, shall Yearly bestow and expend 100l. at Four several Times
the Year, in and about the Expences and Charges of a Feast or Dinner for the
Company, to be had and made in the Mercers Hall, in the End of every their
Day, the Sum of Twenty five Pounds; and shall every Year give and distribute to
Relief of the poor Persons and Prisoners in the Hospitals and Prisons, known by
Name of Christ or Christchurch, lately Grey Fryars in London, the Hospital of
Bartilmews near Smithfield, the Spittel and Bedlam near Bishopsgatestreet, the
for the Poor in Southwark, and the Counter kept in the Poultry 50l. in Money, or
Provisions and Necessaries for them; that is, to every the said Hospitals and
10l. at the Four most usual Feasts, or within 28 Days after, &c.
And as concerning his said Mansion House, with the Gardens, Stables, and all and
singular the other Appurtenances, &c. he willed and disposed, that they
and the use thereof be, to the said Maior and Commonalty, and to their
also to the Wardens and Commonalty of the Mercers; to have and to hold in
upon Trust and Confidence, that the same Maior and Commonalty, and the said
Wardens and Commonalty of the Mercers, and their Successors, shall permit, and
suffer, Seven Persons by them to be elected and appointed in Manner and Form
aforesaid, meet and sufficiently learned to read the said Seven Lectures, to
Occupation of all the said Mansion House, Gardens, and all other the
&c. for them, and every of them there to inhabit, study, and daily to read
And his Will was, that none should be chosen to read any of the said Lectures,
he should be Married; neither should receive any Fee or Stipend appointed for
reading of the said Lecture."
It is to be noted, That all this was thus disposed and given only during Fifty
Then after, the Will proceeds:
"That moreover he willed and disposed, that if
said Maior and Commonalty, and the said Wardens and Commonalty, before the End
the said Fifty Years to them in Form aforesaid limited, should procure and
sufficient and lawful Dispensations and Licenses, Warrant and Authority had and
obtained; should have and enjoy the said Royal Exchange, Messuages, Shops,
Vaults, Houses, and all other the Premisses, &c. for ever severally, by such
Rates, and other Portions, and in such manner and Form as before was limited,
Trust and Confidence, that they severally for ever should do, and perform the
Payments, Charges &c. before limited and expressed.
And he required and charged the said Corporations and chief Governors thereof,
circumspect Diligence, and without long delay to procure, and so to be done and
obtained, as they would answer for the same before Almighty God. For if they,
of them, should neglect the obtaining of such License or Warrant (which he
could not be difficult,"