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 been at the cost of the original building and to have raised a loan for the purpose. We know that they pulled down the Theatre and carried the materials across the water. The lease of the Globe formed a precedent for a somewhat similar transaction when the King's men took over responsibility for the Blackfriars in 1608. In this case the freehold belonged to Richard Burbadge, who leased out the play-house in sevenths, keeping one fraction himself, and allotting the rest to his brother, to the representative of a former tenant, and to four of the players. At some later date the interest was divided into eighths instead of sevenths. It is to be noted that it was only certain selected men who thus acquired rights in the profits of the houses, and one of the effects of the policy adopted was to set up a distinction amongst the members of the association itself, of whom some were both 'housekeepers', as they came to be called, and ordinary sharers, while others were ordinary sharers alone. At the Blackfriars from the beginning, and at the Globe as rights under the leases were alienated, there were also housekeepers who were not sharers at all, and might even be members of rival companies. A dispute arising from these anomalies throws light upon the responsibilities undertaken and the advantages enjoyed by housekeepers and sharers respectively. It is of late date, but there is no reason to think that the conditions revealed were substantially different from those of earlier years. About 1630 all the rights in both houses were held, mainly through deaths and alienations, by persons who were not actors. Shortly afterwards two or three of the leading members of the company were allowed to acquire interests, and in 1635 three other sharers brought the state of things before the notice of the Lord Chamberlain, who exercised some equitable control over the affairs of the company as a part of the royal Household, and petitioned that they too might be admitted to the same privilege of purchasing fractions of the leases 'at the usuall and accustomed rates'. The pleadings and the orders of the Lord Chamberlain form the record known as the Sharers Papers. From them it emerges that the housekeepers were entitled to receive a full moiety, 'without any defalcation or abatement at all' of all takings from the galleries and boxes in both houses and from the tiring-house door of the Globe. The sharers had the other moiety, together with the takings at the outer doors. If a man was a sharer as well as a housekeeper, he claimed under both heads. The outgoings were also