In 1683 the Company arranged, by arbitration, their difficulties with the Governors of Christ’s Hospital, and their prospects appeared more hopeful when the celebrated Writ of Quo Warranto was issued by King Charles II. against the City charters and liberties. The Company, with the view of propitiating the King, by deed under seal, voluntarily surrendered the powers, franchises, privileges, liberties, and authorities granted or to be used or exercised by the Wardens and Commonalty, and the right of electing and nominating to the several offices of Wardens, Assistants, and Clerk of the Company, and besought his Majesty to accept their surrender. Charles II. obtained judgment upon the Quo Warranto against the City, and all the redress that the Company could obtain was the grant of another charter under such restrictions as the King should think fit. His successor, James II., with a view to secure the goodwill and support of the City, sent for the Lord Mayor and Aldermen, and voluntarily declared his determination to restore the City charters and liberties as they existed before the issuing of the Writ of Quo Warranto; and subsequently Judge Jeffreys came to Guildhall and delivered the charters with two grants of restoration to the Court of Aldermen. The history of the Company during the eighteenth century is an account of pecuniary difficulties and the gradual extrication by the public spirit and foresight of the members. As regards the profession or trade of the members, a return exists of the whole numbers for the year 1795 when the Court contained 32, the livery numbered 81, and the freemen 228. Of these, 40 were Grocers. The number of the Livery returned in 1898 was 183. The Corporate Income was £37,500; the Trust Income was £500. The advantages of being a member of the Company are as follows: (1) Freemen are entitled to apply on behalf of their children for the Company’s presentations (six in number) to Christ’s Hospital; for the Company’s Scholarships for free education at the City of London School. The orphan children of freemen are alone eligible for the three presentations to the London Orphan Asylum. Freemen are entitled to take apprentices. Freemen, and widows and daughters of freemen, in needy circumstances may apply for relief, either temporary or permanent. Loans to freemen are practically abolished.