of reversionary right, which ought to favour him with the
refusal of another term, at one third under the value, in houses, and
one fourth in land; this would give stability to the title, secure the
rents, and cause the lessee more chearfully to improve the premises,
which in time would enhance their value, both with regard to property
and esteem.
But where business is well conducted, complaint should cease; for
perfection is not to be expected on this side the grave.
Exclusive of a pittance to the poor widows above, the trust have a power
of distributing money to the necessitous at Christmas and Easter, which
is punctually performed.
I think there is an excellent clause in the devisor's will, ordering his
bailiff to pay half a crown to any two persons, who, having quarreled
and entered into law, shall stop judicial proceedings, and make peace by
agreement--He might have added, "And half a crown to the lawyer that
will suffer them." I know the sum has been demanded, but am sorry I do
_not_ know that it was ever paid.
If money be reduced to one fourth its value, since the days of Lench, it
follows, that four times the sum ought to be paid in ours; and perhaps
ten shillings cannot be better laid out, than in the purchase of that
peace, which tends to harmonise the community, and weed a brotherhood
not the most amicable among us.
The members choose annually, out of their own body a steward, by the
name of bailiff Lench: The present fraternity, who direct this useful
charity, are
Thomas Colmore, _bailiff_.
George Davis,
Win. Walsingham, _dead_,
Michael Lakin,
Benjamin May,
Michael Lakin, _jun_.
James Bedford,
Samuel Ray,
John Ryland,
James Jackson,
Stephen Bedford, _dead_,
Joseph Tyndall,
Joseph Smith,
Robert Mason,
Joseph Webster, _dead_,
Abel Humphreys,
Thomas Lawrence,
Samuel Pemberton,
Joseph Webster, _jun_.
John Richards.
FENTHAM'S TRUST.
In 1712, George Fentham, of Birmingham, devised his estate by will,
consisting of about one hundred acres, in Erdington and Handsworth, of
the value then, of 20_l_. per annum, vesting the same in a trust, of
which no person could be chosen who resided more than one hundred yards
from the Old Cross. We should be inclined to think the devisor
entertained a singular predilection for the Old Cross, then in the pride
of youth. But if we unfold this whimsic
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