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for the benefit of the Parish of St. James as the Trustees,
with the sanction of the Vestry, might direct. The money was
paid into Court by the Railway Company and the Burial Ground
conveyed as to a portion thereof to the Company and as to the
remainder to the Vestry of St. Pancras. After mature deliberation,
the Trustees decided to apply one equal moiety of the fund
to ecclesiastical purposes, and the other moiety to secular purposes
for the benefit of the Parish, and the Vestry sanctioned this mode
of applying the money. The moiety applicable to ecclesiastical
purposes having been paid over to the Rector and Churchwardens
upon certain definite trusts, it became necessary to decide upon
the particular secular purpose to which the remainder of the
money should be devoted, and after having considered several
proposals, the Trustees with the sanction of the Vestry, decided
to apply the same, amounting to about £4,000, to the erection of
a building for the accommodation of the labouring poor. This
fund was supplemented by the assignment of a leasehold house
known as No. 7, Ingestre Place, which had been erected by
voluntary effort in or about the year 1850, as a model lodging
house, and a sum of about £2000 being accumulated surplus
rents derived therefrom, also by the transfer of a further sum of
nearly £80 being the unapplied balance of a fund raised for the
relief of sufferers by a fire which occurred in Little Windmill
Street in the year 187G, and by the transfer of a sum of £200, a
portion of the funds remaining in the hands of the Trustees at the
closing of the Trust in July, 1886, under the provisions of the
London and North-Western Railway Act 1884, The total sum
thus available for the building is nearly £6,300. The Building is
erected by the authority of an Order of the High Court of Justice
(Chancery Division) made by Mr. Justice Pearson on the 3rd day
of August, 1885, the scheme being set forth therein as follows :—
1. The funds are to be applied by the Vestry of the Parish of
St. James, Westminster (hereinafter called the Vestry) in
or towards the erection and fitting up on the land comprised
in the agreement dated the 18th May, 1885, and made
between Sir Richard Francis Sutton of the first part and
the Vestry of the Parish of St. James, Westminster, in the
County of Middlesex, of the second part, of a lodging house