It is much to be regretted that a valuable collection of books thus ceased to be public property. A catalogue of the library, published by Mr. W. Johnson, Bookseller, High Street, in 1865, shows that the number of volumes was at that date 1,468, with annual additions; while in 1879 a bequest was made by the late Henry James Fielding, Esq., of Handel House, South Street, of about 230 volumes of standard works, bringing the total up to about 1,750 volumes. (Classified List, published by W. K. Morton, 1879.) The first librarian was Mrs. Wood, assisted by her daughter (afterwards Mrs. Panton). She was succeeded by Miss South, who was followed by Miss Stephenson, and she was succeeded by Mrs. W. Johnson. The late Mr. Henry Nicholson acted as secretary, and for several years took a great interest in all that concerned the Institute, until his prolonged serious illness, which ended fatally in June, 1900. Mr. C. Hensman was treasurer while the library was at the Corn Exchange, resigning when it was removed to Banks Street. During the same period the late Mr. Berridge, Master of the Union, acted as Secretary, and was succeeded by Mr. W. Betts, of the Dispensary, who only held that post two years, before the Institute was closed. There were in the library, besides the books, a quantity of weapons of war from the South Sea Islands, some cases of objects of natural history; valuable sepia paintings by the late Rev. C. P. Terrot, of Wispington, an almost unrivalled artist in his own line; and several fine Roman vases exhumed in the town; all these were disposed of by Mr. Joseph Willson, only surviving trustee, now deceased. THE CORN EXCHANGE. The Corn Exchange is a spacious and lofty building of brick, with stone facings, capable of holding 500 persons, situated on the south side of the High Street, and standing on what was formerly the eastern wall of the old Roman castle; a well of pure water, still in use, under the adjoining house, having been just within the wall of that fortress. It was opened on July 5th, 1856. From the terms of the original deed of settlement of the company we may give the following items. The Indenture, dated July 18th, 1855, was registered the 31st of the same month; the agreement being, on the first part, between Thomas Armstrong, Merchant; Henry Turner, Land Agent; George Wright, Merchant; Henry Nicholson, Draper; William Preston Carlton, Chemist; and others, all of Horncastle; with certain residents in the neighbourhood on the second part; and Frederick W. Tweed, of Horncastle, Gentleman, as trustee to give effect to the covenant, on the third part. The said parties agree to form themselves a Joint Stock Company, within the meaning of the Act 7 and 8 Victoria, c. 110, to provide a building for the purposes, according to these presents, viz., a Corn Exchange, which can also be used for concerts, exhibitions, and other public objects, on such terms as the committee may think fit.