As to the real founder of University College all the evidence points to William, Archdeacon of Durham, who is mentioned as one of the five distinguished English scholars who left Paris in 1229, in consequence of the riots between the townsfolk and the University. Henry's invitation to the Paris masters to come and settle at Oxford was immediately accepted by the other four. Their example was probably soon followed by William, after a sojourn at Angers. He was appointed Rector of Wearmouth, and is said to have "abounded in great revenues, but was gaping after greater." Some litigation with the Bishop of Durham led him to appeal to the Papal Court. His appeal was successful, but it availed him little, for on his journey home he died at Rouen (1249). His bones are said by Skelton to lie in the Chapel of the Virgin in the Cathedral there. He left 310 marks in trust to the University to invest for the benefit and support of a certain number of masters. It was actually the first endowment of its kind, but it is to Alan Basset, who died about 1243, that the credit of providing the first permanent endowment for an Oxford scholar is due. For he conceived the idea of combining a scholarship with a Chantry. He left instructions in his will in accordance with which his executors arranged with the Convent of Bicester for the payment of eight marks a year to two chaplains, who should say mass daily for the souls of the founder and his wife, and at the same time study in the schools of Oxford or elsewhere. This was a step in the direction of founding a College, and indeed the original plan of William was hardly more imposing. The University placed Durham's money in a "Chest," and used it partly on their own business and partly in loans to others, barons in the Barons' War for instance. Such loans were seldom repaid, and only 210 marks remained. This sum was expended in purchasing houses. The first house bought (1253) by the University was at the corner of School Street and St Mildred's Lane (_tenementum angulare in vico scholarum_).