The Annals of WillenhallHackwood, Frederick William
History
The Annals of Willenhall
Hackwood, Frederick William
Willenhall (Walsall, England)
A further power sought for and conferred by the Act was the power to
raise a sum not exceeding £1,600 to be applied in building a Parsonage
House upon any of the land belonging to the Living, or, in the
alternative, to purchase at a cost not exceeding £1,600, a Parsonage
House, with the consent of the Court of Chancery, if thought more
advantageous than to build one.
In the exercise of the powers conferred by the Act, the Trustees, in the
course of a few years, sold all the lands belonging to the Living situate
in Willenhall, and in recent years a piece of land containing 1 rood and
23 perches, forming part of the Freehold land at Bentley, has also been
sold and there now remains at Bentley, belonging to the Living, nine
pieces of land, containing a total area of 30 acres and 27 perches,
which, for several years prior to Mr. Fisher’s death, produced a rental
of £20 per annum.
The primary provisions of the Act with regard to the moneys to arise from
sales and leases under the powers thereby conferred were: (a) That the
moneys should be let out and invested under the direction of the Court in
the purchase of Freehold hereditaments or Copyhold hereditaments
convenient to be enjoyed therewith; (b) that the premises purchased
should be conveyed unto the Trustees for the time being of the Charity
and held upon the Trusts, upon which the hereditaments sold would have
been held in case the same had not been so sold, and the Act had not been
passed; (c) that until the moneys should be so let out and invested they
should be invested in Parliamentary stocks or Funds of Great Britain in
the name of the Accountant-General; and (d) that the annual produce of
such funds should be applied to the person and for the purposes to which
the rents of the trust lands would have been applicable.
In the exercise of the trust for purchasing lands conferred by the Act,
the Trustees subsequently purchased the property in Walsall Street,
adjoining and near to the Churchyard, including the site of the new
Schools there, and also two Cottages and some gardens and land at
Shepwell Green. The latter property has since been sold off.
Reverting to the question of the value of the Living, it may be mentioned
that in the year 1886, when the Shepwell Green property and the small
piece of land at Bentley were still in hand, the gross income from the
Living, apart from Surplice Fees, was £792 7s. 9d., made up as follows:—
£ s. d.
Rents 194 2 8
Dividend from £19,941 16s. 8d., 3 per 598 5 1
cent. Consols
£792 7 9
The effect of the “Goschen” Act of 1888 was ultimately to reduce the
Dividend on the Consols by 1/6th, and, consequently, the gross income of
the Living, apart from Surplice Fees, stood a few years afterwards at
£692 13s. 7d., made up as follows:—
Public-domain text, read in full here on John Shaqi.
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