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Article FREEMASONRY IN ENGLAND. ← Page 3 of 10 →
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Freemasonry In England.
plete hall for the use of the Society , the expense of which was calculated not to exceed £ 3 , 000 . This report , meeting with general approbation , Lord Petre , the Dukes of Beaufort and Chandos , Earl Ferrers , and Lord Yiscount Dudley and "Ward , were appointed trustees for the Society , and the conveyance of the premises , which had been purchased , was made out in their names .
At a Grand Lodge , held at the Freemasons' Tavern , February 22 , 17 75 , the Hall committee reported that a plan had been proposed and approved for raising the sum of £ 5 , 000 to complete the designs of the Society , by granting annuities for lives , with benefit of survivorship , a plan now known under the name of Tontine . It was accordingly resolved that there should be one hundred lives at £ 50 each ; that the
whole property belonging to the Society in Great Queen Street , with the hall to be built thereon , should be vested in trustees , as a security t ® the subscribers , who should be paid £ 5 per cent , for their money adi anced , the whole interest amounting to £ 250 per annum ; that this interest should be divided among the subscribers and the survivors , or survivor of them ; and upon the death of the last survivorthe . whole
, charge should determine for the benefit of the Society . , This plan beingapproved by the Grand Lodge , the subscription commenced immediately , and in less than three months was completed , when the trustees of the Society conveyed the estate to the trustees of the Tontine , in concordance with a resolution of the Grand Lodge . In the building of the nesv hall , and necessary alterations and- repairs to the other premises , instead
of the expenses not exceeding £ 3 , 000 , according to the first estimate , the Grand Treasurer ' s accounts show that , in 1792 above £ 20 , 000 had been expended , and that , exclusive of the annuity of £ 250 on account -of the Tontine , there then remained due from the hall fund to sundry tradesmen , a considerable debt , which has since been paid . off . The tavern has been since rebuilt and enlarged , by which the cost has been increased to £ 30 , 000 .
The foundation stone of the new hall was laid in solemn form on tha 1 st May , 1775 , in the presence of a numerous assemblage of brethren , and within the stone was deposited a plate bearing the following inscription : — Anno Eegni Georgii Tertii Quindeeimo Salutis Humana ; MDCCLXXV . Mensis Mail
, Dio Primo Hunc Primum Lapidum Auloe Latomorum , Anglice , Free And Accepted Masons Posuerit Henoratissimus Rob , Eclv , Doin . Petre , Baro Petre De Mittle
Summus Latomorum Angelas Magister Assidentibus Yiro Ornatissimo Rowlando Holt , Armigero , Summi Magistri Deputato Th-is Ornatissimis Joh . Hatch Et Hen Dagge
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Freemasonry In England.
plete hall for the use of the Society , the expense of which was calculated not to exceed £ 3 , 000 . This report , meeting with general approbation , Lord Petre , the Dukes of Beaufort and Chandos , Earl Ferrers , and Lord Yiscount Dudley and "Ward , were appointed trustees for the Society , and the conveyance of the premises , which had been purchased , was made out in their names .
At a Grand Lodge , held at the Freemasons' Tavern , February 22 , 17 75 , the Hall committee reported that a plan had been proposed and approved for raising the sum of £ 5 , 000 to complete the designs of the Society , by granting annuities for lives , with benefit of survivorship , a plan now known under the name of Tontine . It was accordingly resolved that there should be one hundred lives at £ 50 each ; that the
whole property belonging to the Society in Great Queen Street , with the hall to be built thereon , should be vested in trustees , as a security t ® the subscribers , who should be paid £ 5 per cent , for their money adi anced , the whole interest amounting to £ 250 per annum ; that this interest should be divided among the subscribers and the survivors , or survivor of them ; and upon the death of the last survivorthe . whole
, charge should determine for the benefit of the Society . , This plan beingapproved by the Grand Lodge , the subscription commenced immediately , and in less than three months was completed , when the trustees of the Society conveyed the estate to the trustees of the Tontine , in concordance with a resolution of the Grand Lodge . In the building of the nesv hall , and necessary alterations and- repairs to the other premises , instead
of the expenses not exceeding £ 3 , 000 , according to the first estimate , the Grand Treasurer ' s accounts show that , in 1792 above £ 20 , 000 had been expended , and that , exclusive of the annuity of £ 250 on account -of the Tontine , there then remained due from the hall fund to sundry tradesmen , a considerable debt , which has since been paid . off . The tavern has been since rebuilt and enlarged , by which the cost has been increased to £ 30 , 000 .
The foundation stone of the new hall was laid in solemn form on tha 1 st May , 1775 , in the presence of a numerous assemblage of brethren , and within the stone was deposited a plate bearing the following inscription : — Anno Eegni Georgii Tertii Quindeeimo Salutis Humana ; MDCCLXXV . Mensis Mail
, Dio Primo Hunc Primum Lapidum Auloe Latomorum , Anglice , Free And Accepted Masons Posuerit Henoratissimus Rob , Eclv , Doin . Petre , Baro Petre De Mittle
Summus Latomorum Angelas Magister Assidentibus Yiro Ornatissimo Rowlando Holt , Armigero , Summi Magistri Deputato Th-is Ornatissimis Joh . Hatch Et Hen Dagge