[B] ATHERSTONE. This market town is supposed to have derived its name from "a stone" under which an "adder" of enormous size was found; it is situated on the Watling Street, and divided from Leicestershire by the river Anker, and was a place of some importance at the Conquest: at which time the town was given to the monks of Bee in Normandy, who obtained for it a market day and an annual fair, which brought it into consequence. A monastery of friars, (Hermits of Saint Augustine,) was founded at Atherstone in the year 1375. The church belonging to the friary was completed in the reign of Richard II. A free grammar school was founded here by Sir William Devereux and two other benevolent persons in the year 1573. The chancel of the friary church was appropriated to the use of this seminary, and is still dedicated to the same purpose. The mansion, or hall house was sometime after separated from the chapel, and rebuilt at a short distance upon a pleasant bank, commanding an extensive view over the adjacent counties of Leicester, Derby, and Stafford. Two nights before the battle of Bosworth Field (which is but nine miles distant), the Duke of Richmond lay at Atherstone, where he had his interview with the two Stanley's, in which such measures of co-operation were concerted as occasioned the overthrow of King Richard III., and it is said, that many persons from the subsequent battle were buried below this old mansion, from which the spot has retained the name of the bloody bank. It appears, however, to have been so called from being the place where contests of less serious results were usually decided by the young champions of the ancient foundation school, which is still supported by a respectable endowment. Atherstone Hall has recently been much improved by extended buildings and ornamental plantations. It is situated near Merevale Hall, the seat of D.S. Dugdale, Esq., and Grendon Hall, that of Sir G. Chetwynd, Bart. Here are manufactories of hats, ribbons, and shalloons, and considerable business is done at the four annual fairs; that in September being the most considerable in England for the sale of cheese. The passage of the Coventry canal, uniting with that of the Trent and Mersey, within a hundred yards of the town, adds very considerably to its facilities of trading. The poet Drayton, author of the "Polyolbion," was a native of Atherstone. _Market_, Tuesday.--_Fairs_, April 7, for horses, cows, and sheep; July 18, holyday; September 19, for horses, cows, and cheese; December 4, for horses and fat cattle.--_Mail_ arrives 8.41 A.M.; departs 5.36 P.M.--_Inns_, Red Lion, and Three Tuns.--_Bankers_, W. and J.H. Chapman; draw upon Spooner and Co. [Sidenote: Some foreign monks obtained this market.] [Sidenote: Atherstone Hall.]