The Endowed Charities of Kensington: By Whom Bequeathed, and How AdministeredDaniel, Edward Morton
History
The Endowed Charities of Kensington: By Whom Bequeathed, and How Administered
Daniel, Edward Morton
Charities -- England -- London
The Methwold’s almshouses continued to exist until about 1871, when both
the almshouses and the Hale House Estate, out of which the rent charges
were paid, were compulsorily acquired by the Metropolitan Railway
Company, who paid a large sum to the vestry for the purchase thereof.
This put an end to the almshouses. The money received from the purchase
was invested in Government stock, and now consists of the sum of £4,922
11_s._ 10_d._ 2¾ per cent. consolidated stock, purchased for £4,563 4_s._
9_d._ in cash. Application was then made to the Charity Commissioners
for an order establishing a scheme for the future regulation of the
charity, which was accordingly adopted, viz.:—That the net income of the
charity be applied in pensioning poor widows or single women of good
character and reputation, and not less than 60 years of age, whose income
from all sources does not exceed £30 a year, who have resided in the
parish for not less than ten years, and have never received parochial
relief.
These pensioners are appointed by the Vestry. It appears from the Vestry
report of 1888–9 that there were then seven women, whose ages varied from
78 to 84, in receipt of pensions from this fund, amounting in the
aggregate to £118 6_s._
I now come to various other gifts of small amounts, most of them of very
great antiquity, to the poor of the parish of Kensington, to all except
one of which the following remark applies:—These were gifts to secure
which the donors charged specific sums annually upon certain properties,
or left specific amounts of Government stock.
They were not gifts of land or of money which could be or was, except in
one case, applied in the purchase of real property. Consequently the
parish has not derived the benefit from the marvellous increase of value
in lands due to the modern development of the parish which has happened
in the case of the Campden bequests.
In 1560 Thomas Young gave for the use of the poor of the parish a rent
charge of 20_s._ a year, and of two houses in High Street, Kensington,
occupied in 1810 by Mr. Gunton, a plumber, and Mr. Cock, a shoemaker. I
have not been able to trace all the vicissitudes of this gift, but I now
find it converted into £37 18_s._ 2_d._ consuls, from which a yearly
dividend of 11_s._ 2_d._ only is derived, so that this gift, instead of
increasing in value to the poor of the parish since 1560, has actually
decreased.
In 1617 Lady Berkeley charged a house at Kensington Gravel Pits with a
rent charge of £10 a year, payable half-yearly, to be disposed of by the
Vicar, Churchwardens, and Overseers of the poor within ten days after
being received, “to, and amongst, and for the benefit of the most _aged_
and _impotent_ poor of the parish as they should see convenient.”
Public-domain text, read in full here on John Shaqi.
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