§ MR. LOUGH (Islington, W.)I beg to ask the Parliamentary representative of the Charity Commission whether he can explain why the income of the Richard Cloudesley Estate Fund over and above £1,000 per annum has not been transferred to the Official Trustees of Charitable Funds in Chancery as required by the Commission's scheme of 1873 dealing with the charity, and whether the Charity Commission will communicate to the Borough Council of Islington the names of any gentlemen submitted for their approval to act as trustees of the charity; and whether they will consider any recommendations made to them before giving their approval.
§ THE PARLIAMENTARY CHARITY COMMISSIONER (Mr. GRIFFITH BOSCAWEN, Kent, Tunbridge)The balance appearing in the accounts does not consist entirely of income, but partly of capital and partly of certain sums deposited for the renewal of leases and similar objects, and it must be apportioned before any transfer to the official trustees
† See preceding Volume, page 228.1167 is effected. The Commissioners do not propose to take any steps for the appointment of trustees of this charity until the present proceedings in Chancery are terminated, but whenever they do propose to make any such appointment they will communicate their proposals to the Borough Council of Islington.