Collection COL/CHD/TF - CHAMBERLAIN'S DEPARTMENT: TRUST AND OTHER FUNDS

Identity area

Reference code

COL/CHD/TF

Title

CHAMBERLAIN'S DEPARTMENT: TRUST AND OTHER FUNDS

Date(s)

  • 1777-1983 (Creation)

Level of description

Collection

Extent and medium

4.3 linear metres

Context area

Name of creator

Biographical history

The Chamber of a city is the place where the funds of the corporation are kept and where moneys due are received - a kind of treasury. The Chamber is run by the Chamberlain, an officer who receives the rents and revenues owed to the corporation. The origin of the Chamber of London is obscure, but as soon as the citizens were sufficiently united to hold lands and tenements in common an officer must have been appointed to collect rents and disburse income for public welfare. The Chamber is first mentioned in 1275 and in the following year Stephen de Mundene is named as City Chamberlain. At first the Chamberlain was chosen by the Mayor and Aldermen, but by 1319 elections were introduced and the officer was chosen by the liverymen in Common Hall.

The Chamberlain's duties combined municipal finance with public banking. His main duty was as treasurer or banker of the City of London with custody of the monies of the Corporation, called the City's Cash, and other funds. Former Chamberlains were able to keep for themselves profits derived from interest on the cash! The Chamberlain also collects the rents of all Corporation properties and makes payments on behalf of the Corporation including salaries and pensions. He also invests money, is responsible for insurance, the preparation of tax returns and production of reports and statistics.

Additionally, the Chamberlain was the Accountant General of the Court of Orphans (see CLA/002) and held all money belonging to the orphans on which he allowed interest. For this purpose the Chamberlain held a Common Seal, first mentioned in 1396. He was also the occasional collector of taxes for the London area, particularly those granted to the City by the monarchy in return for loans. The Coal Duty for reconstruction of public buildings after the Great Fire was paid into the Chamber, as was any money borrowed by the City. The Chamberlain was also treasurer of any charitable funds organised by the City.

Archival history

COL/CHD/TF 1777-1983 Collection 4.3 linear metres Corporation of London

The Chamber of a city is the place where the funds of the corporation are kept and where moneys due are received - a kind of treasury. The Chamber is run by the Chamberlain, an officer who receives the rents and revenues owed to the corporation. The origin of the Chamber of London is obscure, but as soon as the citizens were sufficiently united to hold lands and tenements in common an officer must have been appointed to collect rents and disburse income for public welfare. The Chamber is first mentioned in 1275 and in the following year Stephen de Mundene is named as City Chamberlain. At first the Chamberlain was chosen by the Mayor and Aldermen, but by 1319 elections were introduced and the officer was chosen by the liverymen in Common Hall.

The Chamberlain's duties combined municipal finance with public banking. His main duty was as treasurer or banker of the City of London with custody of the monies of the Corporation, called the City's Cash, and other funds. Former Chamberlains were able to keep for themselves profits derived from interest on the cash! The Chamberlain also collects the rents of all Corporation properties and makes payments on behalf of the Corporation including salaries and pensions. He also invests money, is responsible for insurance, the preparation of tax returns and production of reports and statistics.

Additionally, the Chamberlain was the Accountant General of the Court of Orphans (see CLA/002) and held all money belonging to the orphans on which he allowed interest. For this purpose the Chamberlain held a Common Seal, first mentioned in 1396. He was also the occasional collector of taxes for the London area, particularly those granted to the City by the monarchy in return for loans. The Coal Duty for reconstruction of public buildings after the Great Fire was paid into the Chamber, as was any money borrowed by the City. The Chamberlain was also treasurer of any charitable funds organised by the City.

Corporation of London Records Office.

Records of the Chamberlain's Department regarding trust funds and other funds, including account books, Chairman's emolument fund, 1859-1900; cash book, Chairman's emolument fund, 1930-1940; ledgers, Chairman's emolument fund, 1935-1976; Ward's bequest ledger, 1939-1982; City Educational trust fund ledger, [1968]-1983; Compensation Fund cash book, 1905-1971; English Philological Fund ledger, 1911-1950; Officer's Guarantee Fund registers, 1903-1938; sundry accounts, 1842-1879, including the City of London School Scholarship and Prize Funds, 1842- 1862; Miss Wilkes legacy for Freemen's Widows and Children, 1847-1862 and Miss Mission's legacy for relief of debtors, 1848-1862; sundry trust funds ledger, 1970-1983, including Royal Wedding celebration funds; sundry funds and bequests ledgers, 1918-1958 and financial papers relating to the Thames Navigation Fund, 1777-1858.

In sections according to catalogue.

Available for general access.

Copyright: City of London.
English

Fit

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

See CLA/053: City of London School.

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 Organizations Associations Charitable organisations Charities Property Charitable trusts Property transfer Bequests Charitable bequests Information sources Documents Financial records Transport infrastructure Waterways Inland waterways River navigation Wilkes , Mary , 1750-1802 , daughter of John Wilkes (1725-1797), politician City Chamberlain , Corporation of London Europe City of London London England UK Western Europe Nonprofit organizations

Immediate source of acquisition or transfer

Corporation of London Records Office.

Content and structure area

Scope and content

Records of the Chamberlain's Department regarding trust funds and other funds, including account books, Chairman's emolument fund, 1859-1900; cash book, Chairman's emolument fund, 1930-1940; ledgers, Chairman's emolument fund, 1935-1976; Ward's bequest ledger, 1939-1982; City Educational trust fund ledger, [1968]-1983; Compensation Fund cash book, 1905-1971; English Philological Fund ledger, 1911-1950; Officer's Guarantee Fund registers, 1903-1938; sundry accounts, 1842-1879, including the City of London School Scholarship and Prize Funds, 1842- 1862; Miss Wilkes legacy for Freemen's Widows and Children, 1847-1862 and Miss Mission's legacy for relief of debtors, 1848-1862; sundry trust funds ledger, 1970-1983, including Royal Wedding celebration funds; sundry funds and bequests ledgers, 1918-1958 and financial papers relating to the Thames Navigation Fund, 1777-1858.

Appraisal, destruction and scheduling

Accruals

System of arrangement

In sections according to catalogue.

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

See CLA/053: City of London School.

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

Subject 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