Worshipful Company of Founders

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Worshipful Company of Founders

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        The Company has been in existence from at least 1365, receiving charters in 1614 and 1686. The Company also received a grant of arms in 1590. In 1531 the Company purchased a hall in Lothbury, which was destroyed in the Great Fire and rebuilt by 1672. In 1845 the Company opened a new hall in Founders' Court and the old hall was let. In 1853 the new hall was in turn let, the Company purchasing a new property in St Swithin's Lane in 1854. The Company sold the freehold of the Lothbury site in 1864. Founders cast brass and bronze items including candlesticks and water pots.

        The Fraternity, or brotherhood, of St Clement has been described by Parsloe as 'the [Founders'] Company in its social and religious aspects'. It is first mentioned by name in accounts for the years 1513-16 as being founded and kept in the parish church of St Margaret Lothbury. There is evidence, however, for its having been in existence from at least 1497. All members of the craft or mystery of Founders were obliged to obey the rules and ordinances of the brotherhood and to contribute one penny per quarter. This money was used to relieve poor, sick or elderly members, and to meet funeral costs. Ordinances granted to the Company in 1516 suggest that the brotherhood of St Clement had its own masters, but scarcity of evidence makes it difficult to clarify the relationship between Company and brotherhood. The brotherhood of St Clement is thought to have disappeared as a result of the suppression of the chantries during the reign of Edward VI.

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