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In 1835 a petition was presented to the Court of Chancery president and governors of Christ's Hospital, with a view to o scheme for the due application of the funds left for exhibitions Universities of Oxford and Cambridge.

The petitioners submitted, that as there was one only schola Christ's Hospital at Oxford, five of Lady Mary Ramsey's exhibi each of £3. 6s. 8d. were open to any poor scholar who might for them ; in order to prevent an accumulation of the fund, that of the five said exhibitions as should remain unapplied for b space of one year, should be carried to the general exhibition and should be applicable to exhibitions to either of the Univers They further submitted, that the several benefactions set forth i schedule amounting together to the annual sum of £488. 9s. 3d. 3, be consolidated and considered as an aggregate yearly, applicable rally and alike in affording exhibitions to scholars brought up ir school of Christ's Hospital, as therein mentioned, the said gove consenting to supply the present and any future deficiency oi annual sum of £560 so required, as before mentioned, from the ger funds of the Hospital. And in the event of the aggregate yearly come from benefactions being increased to a sum exceeding £560, govemors were to be at liberty to apply such surplus, first towards reimbursement of the general funds, and afterwards towards increas the number of exhibitions, or the amount of each, as they in their cretion should think fit.

The proposal was approved and confirmed by the Court of Chanc in 1837: and the governors thus empowered, now appoint four 1 hibitioners every year, of whom, three go to Cambridge, and one ! the choice of going to Oxford. The exhibitioners at Oxford rece: £100, and those at Cambridge £80 a year, and may hold these ex bitions for four years.

THE CHARTER-HOUSE.

FOUNDED 1611, A.D. THOMAS Sutton, Esq. citizen and girdler, in 1611 purchasa of the Earl of Suffolk for £13,000, by conveyance, the estate whicl was described as “Howard House, commonly called the Charter House, consisting of divers courts, a wilderness, orchards, walks, and gardens, with Pardon church-yard, and two adjoining messuages called Willbeck, with all the buildings, ways, &c." and applied to King James I. for a charter to found a Hospital and Free-school, which he should endow with manors and other lands, then of the annual value

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£1493. :19s. 102d... On the 22nd June, 1611, Jetters patent-were pated in which the foundation is 'styled, “ The Hospital of King

tes, founded in Charter-house, within the county of Middlesex, at mumble petition, and sole cost and charge, of Thomas Sutton, Noire."

Taese letters patent were confirmed by an act of parliament in the arth year of Charles I. and a further exemplification was obtained the eighth year of George I. The letters patent prescribe that the number of pensioners, old sayed housekeepers, and children, to increase and be maintained, acrting to the increase of the revenues; and the governors are charged bestow the ecclesiastical preferments belonging to the Charter-house on those scholars only who have been brought up on this foundation,

to avoid the giving of more benefices than one to any incumbent. The statutes for the government of the Hospital were finished in ], and were signed by Charles I; but have since, at different pa, been altered and modified. In the orders respecting the scholars,

directed, that the scholars of the foundation shall not exceed 40 ; shall any be admitted but such as the schoolmaster shall find and prove to be well entered in learning, answerable to his age at the me of his admittance: and respecting the masters, that “they shall

careful and discreet to observe the nature and ingeny of their cholars, and accordingly instruct and assist them. In correction, they

shall be moderate: in instruction, diligent: correcting according to the quality of the fault in matter of manners, and according to the capa

of the fault in matter of learning.'

The pensioners, who are styled Poor Brothers, and the scholars, who are styled Poor Scholars, are nominated by the individual povernors in their turns, ac to a list made by order of the guvernors in assembly, whenever it is necessary.

The pensioners are 80 in number, the scholars, 44. They are admitted between the ages of 10 and 14, and are taught, boarded and dothed free of expense. Besides the scholars on the foundation, there is a large number of other boys in the school, whose education is paid for by their parents.

In 1850 it was ordered that one Scholar at least should be elected cach year on to the foundation, after an examination, provided that there be not more than four such elected scholars on the foundation at one time. These elected scholars are of course exactly on the same footing as the nominated scholars.

The exhibitions of the Charter-house are not limited in nu they are given to all scholars on the foundation, after an exami and are tenable at any college at Oxford or Cambridge ; they ar a year, tenable for four years, residence not being required after the B.A. degree.

Scholars on the foundation, not proceeding to the Universi leaving the school receive £100, called an Apprentice Fee, wher are fixed in any profession in life.

In 1720 Lady Elizabeth Holford founded additional Exhibiti Christ Church, University College, Pembroke College, and W01 College, Oxford. An Exhibition from the same fund has lately founded, tenable at any college at Cambridge. These exhibition only held by scholars who have been on the foundation.

In 1852 a fund was raised by the friends of the Hon. J. C. bot, Q.C., from which are paid two scholarships of £40 a year tenable for three years at either University, called the Talbot Sch ships. Scholars on the foundation are not eligible to these scholars though they may gain a prize of books from this fund, called a Talbot Prize.”

A fund is now being raised by old Carthusians to found a sch ship, to be called The Carthusian Scholarship.

CITY OF LONDON SCHOOL.

FOUNDED 1442, A.D.
RE-FOUNDED 1834, A.D.

This school was established by the Corporation of London an the authority of an Act of Parliament procured by them for the p pose in the year 1834, upon an ancient endowment for education mı in 1442 by John Carpenter, town-clerk of the city, and is under government of the corporation and a committee chosen by them.

The object of the school is to furnish a liberal and useful educati for the sons of respectable persons who are engaged in professions commercial, or trading pursuits, without the necessity of removin them from the care and control of their parents. Pupils are admissib? at any age between seven and fifteen years, but are required to posses sufficient knowledge of reading, writing, and arithmetic, to be compa tent at least to enter a division of the junior department. The mode of admission is by an application according to a form obtainable from the secretary, which is required to be signed by the parent or guardian,

also by some member of the corporation, either alderman or on councilman. Members are not limited as to the number of anomendations they may sign. There is a general examination of the school previous to the

siter holidays, when prizes of books are distributed among the epils of each class, according to their proficiency and good conduct :

various other prizes, medals and scholarships are awarded. The scholarships in memory of John Carpenter, the founder of school, are eight in number, and are intended as rewards for profi

and good conduct. The appointment to them is determined by bination. The candidates must be between eleven and fifteen

of age, and have been at least three years in the school. The antages are, a gratuitous education, and supply of books to a value

exceeding £2 per annum, an allowance of £25 per annum tois maintenance, &c. and a premium of £50 on leaving school, to

spplied towards the scholar's advancement in life, provided he con. care in the school three years after election, and obtain a certificate Imerit and good conduct during that period from the head-master.

If a scholar proceed to the University of Oxford, Cambridge, or ndon, with a view to taking a degree, the allowance of £25 per souw is continued to him for a further period of four years.

1836. Thomas Tegg, Esq. of Cheapside, bookseller and pub. isher, for several years a member of the corporation of London, being lected in 1836 to the office of sheriff, paid a fine of £400 to be exased from serving ; and the corporation directed the amount to be ppropriated for the benefit of this school towards the establishment tan Exhibition to one of the Universities. In 1844 Mr Tegg tesified his approval thereof by adding a contribution of £100. The o amounts are invested in government securities, together with the Interest arising thereon from time to time, as an accumulating fund for a scholarship, to be called “ The Tegg Scholarship.” 1841. The proprietors of “the Times' Newspaper

*» founded a Scholarship to be called the Times' Scholarship, of £30 a year, tenable

* The origin of the Times' Scholarships is thus described on a marble tablet in the

sekool

This Tablet was erected
as a perpetual memorial of the foundation of

the Times' Scholarships :
one in connexion with the City of London School,

the other with Christ's Hospital,

for four years. A scholar is required to proceed to Oxford or C bridge within three months of the election, which is determined examination.

1844. Henry Benjamin Hanbury Beaufoy, Esq. F.R.S. citi and distiller of London, vested in certain trustees the sum of £1 in the three per cent. consolidated Bank Annuities for the purpos establishing a Scholarship of £50 per annum, to be called “the Beas Scholarship,” and designed to encourage the study of mathemat science, with an especial reference to its practical application to the and service of mankind.

1845. Mr Beaufoy gave £1717. in the 3 per cent. Consols for endowment of a second Scholarship of the same value.

1848. Mr Beaufoy gave £1716. 13s. 4d. in the 3 per cent. Com for the endowment of a third Scholarship of the same value.

1850. Mr Beaufoy gave £1716. 138. 4d. in the 3 per cent. Com for the endowment of a fourth Scholarship of the same value.

The election to each of these four scholarships is made by mathematical examiner of the school upon an examination on the matical subjects only. The scholars are required to proceed to University of Cambridge within three months after election, and

for the benefit of pupils proceeding from those institutions

to the Universities of Oxford and Cambridge.

The Endowment of these Scholarships
was effected out of the proceeds of a subscription

entered into by
English and Foreign Merchants, Bankers,
and other persons interested in the preservation

of mercantile confidence and security, to testify their warm admiration, and grateful sense, of the moral courage, indefatigable perseverance,

and distinguished ability shewn by
the Proprietors of the Times Newspaper,

A.D. M.DCCC.XLI.,
in the ready detection and fearless exposure
of a most extensive and fraudulent conspiracy,

which, from its subtle and daring character,
was unparalleled in the annals of commerce.

These distinguished services
derived an additional lustre from the
unexampled generosity and disinterestedness

of the Proprietors
in their refusal to be reimbursed any portion of the
heavy expenses incurred in the progress of

their noble and arduous exertions.

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