HC Deb 03 May 1923 vol 163 cc1788-90

Scheme for the application or management of Tancred's Charities regulated by the Act of Parliament 2 Geo. III. c. 15 (Private) by a Scheme of the Charity Commissioners of the 24th May, 1870, by the Act of Parliament 34 and 35 Vict. c. 117 by a Scheme of the Charity Commissioners made in pursuance of the last-mentioned Act on the twenty-first August eighteen hundred and seventy-two and by the Tancred Charities Scheme Confirmation Act, 1899 (62 and 63 Vict. c. cclxxvii,).

Question proposed, "That this be the Schedule of the Bill."

Captain BENN

Paragraph 8 of the Schedule provides that The Governors shall apply the said yearly sum of £240, the incomes of the Whexley Manor Fund, and the other equal part of the balance of the clear yearly income as follows. The sum mentioned does not appear to me to be adequate for the purpose, and I would be obliged if the hon. gentleman in charge would give some explanation of this portion of the Schedule and of the two succeeding pages.

Lieut.-Colonel SPENDER-CLAY

This charity came about through the death of Mr. Tancred, about 150 years ago. He left a considerable estate and a house, which was originally intended to accommodate a certain number of gentlemen, who were to live together in perfect unity. Unfortunately, they did not do so, and the money was devoted to educational purposes. Within the last two years the property has been sold, and a considerable increase of money has come to the charity, owing to the sale of the property, and it was decided to allot it in scholarships as far as possible to the people who were to be benefited by the charity. That was the effect intended by the Charity Commissioners and the Board of Education. The Bill carries out that desire as far as possible.

Bill reported, without Amendment.

Motion made, and question proposed, "That the Bill be now read the Third time."—[Lieut.-Colonel Spender-Clay.]

12 M.

Mr. MACLEAN

I noticed that right hon. and gallant Member said that this was a charity inaugurated 150 years ago. In paragraph 11 of the Schedule, there is the expression "existing pensioners." Can the hon. and gallant Gentleman explain what these are? Are they the colleagues of the gentleman who died 150 years ago?

Lieut.-Colonel SPENDER-CLAY

The original fund has been enormously increased by the sale of property, and it has been possible in that way to increase materially the value of the scholarships.

The remaining Orders were read, and postponed.

It being after Half-past Eleven of the Clock upon Thursday evening, Mr. SPEAKER adjourned the House, without Question put, pursuant to the Standing Order.

Adjourned at Three Minutes after Twelve o'Clock.