Page:An Historical Essay on the Livery Companies of London.djvu/46

 the Company, and large amounts are also voted every year to various Hospitals and other Charities. In 1880 the sum thus expended was £911 15s. In fact, it may be truly said of the Cutlers' Company as of the other Livery Companies of London,

""That, while they feasted all the great, they never forgot the poor or small.""

The Cutlers' Company have one Exhibition or Scholarship to Cambridge by the Will of Mr. Thomas Bucke, in 1566. The yearly amount has been increased from £3 6s. 8d. to £30.

The Company have also one Exhibition or Scholarship to Cambridge, and also

One Exhibition or Scholarship to Oxford by the Will of Mr. John Craythorne. The yearly amount has in each case been increased from £3 6s. 8d. to £20.

In the year 1860 the Court resolved, in consequence of the increased rental from the property bequeathed by Mr. Bucke and Mr. Craythorne, to create a new Exhibition or Scholarship at Cambridge, of the annual value of £20.

The Company are accustomed to continue the payment of these Exhibitions until the occurrence of one of the following events:—

"1st.—Ceasing to reside.

2nd.—Obtaining the M.A. degree.

3rd.—Obtaining a Fellowship or preferment to the amount of £10 a year."