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Charitable Corporation Frauds Act 1731
The Charitable Corporation was an institution in Britain intended to provide loans at low interest to the deserving poor, including by large-scale pawnbroking. It was established by charter in 1707. Its full title was "Charitable Corporation for the relief of the industrious poor by assisting them with small sums upon pledges at legal interest". It became dishonest, and Smollett called it a "''nefarious corporation''". Certain of the directors speculated wildly and lost most of the shareholders' money. Origin The original object was that small tradesmen might obtain loans by depositing a pledge in the corporation's warehouse, so that they might not have to sell goods at an undervalue when suffering cash flow difficulties. The initial capital was £30,000.''The nature of the Charitable Corporation and its relation to trade, considered'' (1732: copy in University of London, Goldsmiths' library; available from Eighteenth Century Collections Online – subscription needed). This was ...
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Pawnbroking
A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The items having been ''pawned'' to the broker are themselves called ''pledges'' or ''pawns'', or simply the collateral. While many items can be pawned, pawnshops typically accept jewelry, musical instruments, home audio equipment, computers, video game systems, coins, gold, silver, televisions, cameras, power tools, firearms, and other relatively valuable items as collateral. If an item is pawned for a loan (colloquially "hocked" or "popped"), within a certain contractual period of time the pawner may redeem it for the amount of the loan plus some agreed-upon amount for interest. In the United States the amount of time, and rate of interest, is governed by law and by the state commerce department policies. They have the same license as a bank, which is highly regulated. If the loan is not paid (or extended, if applica ...
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Walter Molesworth
Walter may refer to: People * Walter (name), both a surname and a given name * Little Walter, American blues harmonica player Marion Walter Jacobs (1930–1968) * Gunther (wrestler), Austrian professional wrestler and trainer Walter Hahn (born 1987), who previously wrestled as "Walter" * Walter, standard author abbreviation for Thomas Walter (botanist) ( – 1789) Companies * American Chocolate, later called Walter, an American automobile manufactured from 1902 to 1906 * Walter Energy, a metallurgical coal producer for the global steel industry * Walter Aircraft Engines, Czech manufacturer of aero-engines Films and television * ''Walter'' (1982 film), a British television drama film * Walter Vetrivel, a 1993 Tamil crime drama film * ''Walter'' (2014 film), a British television crime drama * ''Walter'' (2015 film), an American comedy-drama film * ''Walter'' (2020 film), an Indian crime drama film * ''W*A*L*T*E*R'', a 1984 pilot for a spin-off of the TV series ''M*A*S*H'' * ''W ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by ca ...
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Court Of Common Council
The Court of Common Council is the primary decision-making body of the City of London Corporation. It meets nine times per year. Most of its work is carried out by committees. Elections are held at least every four years. It is largely composed of independent members although the number of Labour Party Common Councilmen in 2017 grew to five out of a total of 100. In October 2018, the Labour Party gained its sixth seat on the Common Council with a by-election victory in Castle Baynard ward. The most recent election was in 2022 File:2022 collage V1.png, Clockwise, from top left: Road junction at Yamato-Saidaiji Station several hours after the assassination of Shinzo Abe; 2022 Sri Lankan protests, Anti-government protest in Sri Lanka in front of the Presidential Secretari .... History The first common council was elected in 1273 with 40 members, in 1347 the number was increased to 133, and from later in the same century (states as during the reign of King Edward III) it was increa ...
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Isle Of Mull
The Isle of Mull ( gd, An t-Eilean Muileach ) or just Mull (; gd, Muile, links=no ) is the second-largest island of the Inner Hebrides (after Skye) and lies off the west coast of Scotland in the Council areas of Scotland, council area of Argyll and Bute. Covering , Mull is the fourth-largest island in Scotland and Great Britain. From 2001 to 2020, the population has gradually increased: during 2020 the populace was estimated to be 3,000, in the United Kingdom Census 2011, 2011 census it was approximately 2,800, and in 2001, it was measured at 2,667 people. It has the eighth largest Island population in Scotland. In the summer, these numbers are augmented by an influx of many tourists. Much of the year-round population lives in the colourful main settlement of Tobermory, Mull, Tobermory. There are two distilleries on the island: the Tobermory distillery, formerly named Ledaig, produces single malt Scotch whisky and another, opened in 2019 and located in the vicinity of Tir ...
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Morvern
Morvern, historically also spelt Morven, is a peninsula and traditional district in the Highlands, on the west coast of Scotland. It lies south of the districts of Ardgour and Sunart, and is bounded on the north by Loch Sunart and Glen Tarbert, on the south east by Loch Linnhe and on the south west by the Sound of Mull. The name is derived from the Gaelic ''A' Mhorbhairne'' (the Sea-Gap). The highest point is the summit of the Corbett Creach Bheinn which reaches in elevation. Administratively Morvern is now part of the ward management area of Lochaber, in Highland council area. It forms part of the traditional shire and current registration county of Argyll. Morvern is approximately in area, with a current population of about 320. Prehistory and archaeology In 2010, forestry planting by the then Forestry Commission Scotland let to the discovery of a Mesolithic stone tool scatter. Subsequent archaeology excavations also found evidence that people in the Bronze Age also ...
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York Buildings Company
The York Buildings Company was an English company in the late 17th and early 18th centuries. Waterworks The full name of the company was The Governor and Company for raising the Thames Water at York Buildings. The undertaking was established in 1675 and incorporated in 1690 with a capital of £4,800 (), but obtained a private bill, private act in 1691 to increase its capital and enable it to buy lands. As might be expected this provided the company with a steady, but unspectacular income from the rents paid by the householders supplied with water. Water supply was its sole business until 1719. The company was technologically advanced for its time. It tried the steam pump of Thomas Savery, a precursor of the steam engine, though this proved a failure. In 1726, a Newcomen engine was installed at York Buildings Water Tower, York Buildings but when the company fell into financial difficulties in 1732 the engine was broken up, cylinders being sold to the London Lead Company and Sir J ...
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Exchange Alley
Exchange Alley or Change Alley is a narrow alleyway connecting shops and coffeehouses in an old neighbourhood of the City of London. It served as a convenient shortcut from the Royal Exchange on Cornhill to the Post Office on Lombard Street and remains as one of a number of alleys linking the two streets. Shops once located in Exchange Alley included ship chandlers, makers of navigation instruments such as telescopes, and goldsmiths from Lombardy in Italy. The 17th and 18th century coffeehouses of Exchange Alley, especially Jonathan's and Garraway's, became an early venue for the lively trading of shares and commodities. These activities were the progenitor of the modern London Stock Exchange. Similarly, Lloyd's Coffee House, at No. 16 Lombard Street but originally on Tower Street, was the forerunner of Lloyd's of London, the Lloyd's Register and Lloyd's List. The nearest London Underground station is Bank and the closest mainline railway station is Cannon Street. His ...
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Stockbroker
A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage of assets, or hourly rate. The term also refers to financial companies, offering such services. Examples of professional designations held by individuals in this field, which affects the types of investments they are permitted to sell and the services they provide include chartered financial consultants, certified financial planners or chartered financial analysts (in the United States and UK), chartered strategic wealth professionals (in Canada), chartered financial planners (in the UK). The Financial Industry Regulatory Authority provides an online tool designed to help understand professio ...
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