Letter from the Barbers' Company
4, Warnford Court,
Throgmorton Street, E.C.,
8th February 1883.
The attention of the Barbers' Company having
been called to the statements of Mr. Lucraft before the
Livery Companies' Commission respecting Bancks' and
Ferbras' Charities (printed evidence 13th day), I am
instructed by the Court to make the following remarks, and in so doing to express their surprise that
Mr. Lucraft ventured upon making statements respecting their Charities before satisfying himself as to
1st.—As to Bancks' Charity.
The Company beg to refer the Commissioners to the
Returns of the Mercers' Company, "Part 1, Return 2,
Bancks' Charity." From these Returns it will be seen
that the statements made by Mr. Lucraft are totally
It will further be seen that since the year 1855 the
Barbers' Company have received nothing in respect of
this Charity. Notwithstanding this, the Barbers' Company continued to distribute to their poor, beef, loaves
of bread, and money, until the year 1868, when the
balance due to the Company from the Charity amounted
to the sum of 66l. 19s. 9d., at which sum it still
remains. The Court anticipate receiving no income
from the Mercers' Company from the estate at Holloway until the year 1887 or 1888, when it is hoped that
the debt to the Mercers' Company as specified in their
Returns will have been extinguished, and that the
Barbers' Company will then be in receipt of their 1/7th
share of the ground rents (after providing for the fixed
payments) amounting to the sum of 40l. per annum or
2nd.—As to Robert Ferbras' Will.
It is not the fact that Robert Ferbras devised two
freehold houses in Dowgate Hill for the benefit of the
poor members of the Company: he devised the houses
to the Company upon trust, after doing repairs, to divide
one moiety of the surplus receipts among the poor.
It is not the fact that for nearly 400 years the Company applied the income to their own corporate funds:
on the contrary, for many years prior to the year 1848
they applied more than the income of the moiety, then
about 20l. per annum, in payments to quarterly pensioners subsequent to that date. The accounts have
been rendered to the Charity Commissioners, to which
I beg to refer you.
I am, &c.,
H. Grose Smith.
H. D. Warr, Esq.,
City of London
Livery Companies' Commission,
2, Victoria Street, S.W.
LONDON: Printed by Eyre and Spottiswoode,
Printers to the Queen's most Excellent Majesty.
For Her Majesty's Stationery Office.