The first quarterly general meeting of the Corporation was held December 26, 1739, when subscription-books were ordered to be opened at the Bank of England and various bankers, for inserting the names of annual contributors. The governors and guardians then amounted to near 400, who unanimously determined to vote their thanks to Captain Coram; but he declined them, and modestly requested they might be transferred to those ladies whose subscriptions had enabled him to procure the Charter. This proposal was acceded to, and the benevolent Captain deputed to convey them. Montague house, now the British Museum, had been thought by the governors in 1740, an eligible receptacle for the objects of the intended charity; but Messrs. Fazakerly, and the Attorney and Solicitor Generals, to whom the matter was referred, gave it as their opinion that the expence of obtaining those extensive premises would be too great. The governors resolved, in consequence, to open subscriptions for the purchase of land on which to erect an hospital, and in the mean time to receive sixty children in a temporary receptacle. They accomplished their wishes in the following December, by obtaining 56 acres North of Ormond-street, of the earl of Salisbury, for 7000_l._ the present site of the Foundling hospital, Guildford-street, &c. On the 25th of March, 1741, 19 male and 11 female infants were received, all of whom were less than two months old; their baptism took place the ensuing Sunday, when two were honoured with the names of Thomas and Eunice Coram; others of robust frames and apparently calculated for future seamen, were called Drake, Blake, and Norris. John Milner, esq. vice-president of the corporation, assisted by many governors, laid the first stone of the new hospital in 1742, when a copper plate, secured between two pieces of milled-lead, was deposited in a cavity; the plate is thus inscribed: "The foundation of this hospital for the relief of exposed and deserted young children, was laid 16th September, 16 George II. 1742." The Corporation, laudably attentive to the future happiness of the orphans committed to their care, determined to have them inoculated for the small-pox in 1744; a process then as much condemned as vaccination is at present. The first stone of the Chapel was deposited by ---- Jacobson, esq. and contains the following inscription: "The foundation of this Chapel was laid the 1st day of May, A. D. 1747, and in the 20th year of his most sacred Majesty King George II." At the same time a successful attempt to obtain farther pecuniary assistance was made, by a public breakfast for ladies, at 2_s._ 6_d._ per ticket, when a collection for the Chapel amounted to 596_l._ 13_s._ and another for the hospital produced 110_l._ 9_s._ 6_d._