The “Nursery,” here depicted, was a school for the education of children for the stage, having been erected as the result of a patent granted by Charles II to one of the Legge family. It was drawn by J. T. Smith, who called it the Queen’s Nursery. The present watercolour was the original of an engraving in Wilkinson’s “Londina Illustrata.” George Shepherd devoted himself to topographical work. There are many watercolours of old London buildings by him in the Coates and Crace collections and elsewhere, executed from about 1792 to 1830 (his name being thus spelt), and they are good records. By G. SHEPHERD, 1811. _Lent by H.M. the King._ 29 ST. PAUL’S FROM AN ARCH OF BLACKFRIARS BRIDGE. Watercolour. 6¾ by 8¼ in. By T. MALTON the Younger (1748-1804). _Lent by Mr. A. A. Allen._ 30_a_ REMAINS OF WINCHESTER HOUSE, AUSTIN FRIARS, FROM GREAT WINCHESTER STREET. Watercolour. 8½ by 7 in. After the Dissolution the precinct of Austin Friars, except the nave of the church, came into the hands of William Paulet, first Marquis of Winchester, who there made a residence for himself. A portion of it remained until 1844, and is here shown; the heavy portico is evidently a later addition. During recent excavations masonry was found which must have belonged to this building. By G. SHEPHERD, 1811. _Lent by Sir E. Coates._ 30_b_ BACK OF WINCHESTER HOUSE, AUSTIN FRIARS. Watercolour. 7¼ by 4¾ in. Samuel Ireland, who painted this, was originally a mechanic of Spitalfields. He took to art, exhibited at the Royal Academy in 1782, and brought out various illustrated books. The last was “Picturesque Views of the Inns of Court,” published in 1800, the year in which he died. His son achieved notoriety as forger of Shakespeare manuscripts. By S. IRELAND. _Lent by Sir E. Coates._ PLATE XIII. 31 INTERIOR OF SECOND ROYAL EXCHANGE. Watercolour. 21½ by 16 in. The first Royal Exchange was founded by Sir Thomas Gresham, being opened by Queen Elizabeth 23 January 1570-71. It was destroyed in the Great Fire. The second Exchange, designed by Edward Jarman or Jerman, City surveyor, and begun 1667, was, like the earlier one, a quadrangular building, with a clock tower on the chief front facing Cornhill. Business was transacted in the covered walk or cloister within. The statue of Charles II in the centre was by Grinling Gibbons. This view was drawn from the north-west corner of the walk; the pinnacles of St. Michael’s church tower, Cornhill, appear above the building. Unsigned. Date probably about 1810. _Lent by Sir E. Coates._ 32 VIEW FROM A HOUSE IN PALL MALL. Watercolour. 11¼ by 14¾ in.