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88
has been invested towards extending the operations of the
trust or replacing the capital 011 the expiration of the leases.
One of the basement rooms having become vacant, an
application was made by Mr. Costa, of 10, Ryder-street, for
the tenancy of the room in question for a term of five years
on condition that a direct opening was made from Ingestre
Place and a special ladder fixed so that a man might carry
coods to and from the basement. This alteration was made
and the room let to Mr. Costa for a term of five years at an
increased rental.
A copy of the accounts of the Trust funds will be found
on pages 107 and 168.
As enquiries are frequently made as to the origin and
cost of those dwellings, the following copy of the statement
deposited in the cavity of the foundation stone is here
reprinted for the information of the Parishioners.
The funds for the erection of this Building were mainly
derived from the sale of the Burial Ground situate in Hampstead
Road and formerly belonging to the Parish of St. James, "Westminster.
The sale was effected under the provisions of a Special
Act of Parliament obtained by the London and North-Western
Railway Company in the year 1883. The Company sought power
to acquire, on payment of .£15,000, so much of the Burial Ground
as had not been disposed of under the St. James's Chapel Act,
1869. The Company were, however, restricted by Parliament
from taking the whole of the ground for the purposes of their
undertaking, and the Trustees of the Burial Ground were required
by the Act of 1888 to convey a specified portion to the Company
for the sum of .£8,000, and the remainder of the ground without
further consideration to the Vestry of St. Pancras (within which
Parish the Burial Ground was situate) to be by them preserved
as an open space. The purchase money was directed by the Act
to be applied to such ecclesiastical, parochial and other purposes