Subfonds COL/BR - BROKERS

Identity area

Reference code

COL/BR

Title

BROKERS

Date(s)

  • 1674-1906 (Creation)

Level of description

Subfonds

Extent and medium

19 linear metres

Context area

Name of creator

Biographical history

A broker is a retailer of commodities or someone who acts as a middleman to transact business or negotiate bargains between different merchants or individuals. There are several types of broker including bill or exchange brokers, stockbrokers, ship brokers, insurance brokers, pawnbrokers. Those brokers who negotiate sales of produce between different merchants usually confine themselves to some one department or line of business such as cotton, tea, etc (Oxford English Dictionary).

Between 1285 and 1886 the Corporation of London had the power to license all brokers in almost every commodity operating in the City of London. This power was granted and confirmed by several Royal Charters and Acts of Parliament. Although the Corporation was keen to maintain its powers over brokers, many evaded being licensed - half the brokers on the Stock Exchange were found to be unlicensed in 1837. The powers of the Corporation were restricted by statute in 1870 and entirely abolished in 1884 by the London Brokers' Relief Act.

Archival history

COL/BR 1674-1906 subfonds 19 linear metres Corporation of London

A broker is a retailer of commodities or someone who acts as a middleman to transact business or negotiate bargains between different merchants or individuals. There are several types of broker including bill or exchange brokers, stockbrokers, ship brokers, insurance brokers, pawnbrokers. Those brokers who negotiate sales of produce between different merchants usually confine themselves to some one department or line of business such as cotton, tea, etc (Oxford English Dictionary).

Between 1285 and 1886 the Corporation of London had the power to license all brokers in almost every commodity operating in the City of London. This power was granted and confirmed by several Royal Charters and Acts of Parliament. Although the Corporation was keen to maintain its powers over brokers, many evaded being licensed - half the brokers on the Stock Exchange were found to be unlicensed in 1837. The powers of the Corporation were restricted by statute in 1870 and entirely abolished in 1884 by the London Brokers' Relief Act.

Corporation of London Records Office.

Records relating to Brokers, 1674-1906, including accounts of brokers' rents, 1788-1882; ledger of brokers' rents, 1746-1886; accounts of rent received, 1845-1847; brokers' rents cash book, 1847-1889; brokers' rentals, 1858-1885; brokers' bonds, 1697-1870; records of various Committees of the Court of Aldermen, which dealt with the admission and regulation of brokers, 1692 and 1764-1886; Act of Common Council for regulating Brokers upon the Royal Exchange, 1674; petitions of individuals to be admitted as brokers, submitted to the Court of Aldermen, 1708; registers of admission and discharge, 1708-1886; receipt books for medals certificates, 1840-1886; notices of discharge, 1863-1886; applications to the Court of Aldermen for admission as brokers, 1868-1871 brokers' medals, 1803 and 1837-1861; various lists of brokers, 1708-1882; Parliamentary Bills and orders, rules and regulations of the Court of Aldermen regarding brokers and article Brokers' Medals and Stockbrokers' Tokens by J.B. Caldecott, 1906.

In sections as follows: Accounts, Bonds, Committtee Papers, Petitions, Registers, Miscellaneous, Admissions and Discharges, Lists and Rules.

Available for general access.

Copyright: City of London.
English

Fit

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Information regarding brokers licensed before 1697 can be found in the Letter Books for 1285-1495 (COL/AD) and in the Repertories (proceedings of the Court of Aldermen) for 1495-1697 (COL/CA).

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997. February 2009 Court of Aldermen , Corporation of London Management Business management Business practice and regulation Regulation Information sources Documents Quarter Sessions records Licences Europe City of London London England UK Western Europe

Immediate source of acquisition or transfer

Corporation of London Records Office.

Content and structure area

Scope and content

Records relating to Brokers, 1674-1906, including accounts of brokers' rents, 1788-1882; ledger of brokers' rents, 1746-1886; accounts of rent received, 1845-1847; brokers' rents cash book, 1847-1889; brokers' rentals, 1858-1885; brokers' bonds, 1697-1870; records of various Committees of the Court of Aldermen, which dealt with the admission and regulation of brokers, 1692 and 1764-1886; Act of Common Council for regulating Brokers upon the Royal Exchange, 1674; petitions of individuals to be admitted as brokers, submitted to the Court of Aldermen, 1708; registers of admission and discharge, 1708-1886; receipt books for medals certificates, 1840-1886; notices of discharge, 1863-1886; applications to the Court of Aldermen for admission as brokers, 1868-1871 brokers' medals, 1803 and 1837-1861; various lists of brokers, 1708-1882; Parliamentary Bills and orders, rules and regulations of the Court of Aldermen regarding brokers and article Brokers' Medals and Stockbrokers' Tokens by J.B. Caldecott, 1906.

Appraisal, destruction and scheduling

Accruals

System of arrangement

In sections as follows: Accounts, Bonds, Committtee Papers, Petitions, Registers, Miscellaneous, Admissions and Discharges, Lists and Rules.

Conditions of access and use area

Conditions governing access

Available for general access.

Conditions governing reproduction

Copyright: City of London.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

Information regarding brokers licensed before 1697 can be found in the Letter Books for 1285-1495 (COL/AD) and in the Repertories (proceedings of the Court of Aldermen) for 1495-1697 (COL/CA).

Finding aids

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Allied materials area

Existence and location of originals

Existence and location of copies

Related units of description

Related descriptions

Publication note

Notes area

Note

Alternative identifier(s)

Access points

Place access points

Name access points

Genre access points

Description control area

Description identifier

Institution identifier

London Metropolitan Archives

Rules and/or conventions used

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

Status

Level of detail

Dates of creation revision deletion

Language(s)

  • English

Script(s)

    Sources

    Accession area