148 THE DERBY COMPANY OF MERCERS. 



Major & Burgesses of ye Burrow of Derby, Twenty pounds in 

 part of a bond of forty pounds, due from y^ Corporation to y® 

 Mercers Company." This sum was placed in the hands of three of 

 the members of the Company in unequal portions. On Oct. ist, 

 1702, it was "ordered that Mr. Hugh Bateman doe demand the 

 money, that belongs to the Company, out of the hands of the 

 Corporation, to be paid in three months." No notice was taken 

 of this demand, and no interest seems to have been paid, for at a 

 meeting on April 8th, 1706, it was "ordered then, that Mr. Hugh 

 Bateman shall waite upon Mr. Mayor &c. at the next Common 

 Hall, to demand the money that is due to the Mercers Company, 

 both the princeple and interest, and Mr. Crompton* to goe alonge 

 with him." On Sept. 1 6th, 1 707, it was " ordered that Mr. Thomas 

 Bott, & Aid. ffrancis Cokayne at the next Common Hall, do sue 

 the Major to pay in the principle and interest, that is due upon 

 Bond to the said Company, & report their answer the next 

 meeting." 



On July 2ist, 1709, it was "agreed that a speedy method be 

 taken to get in the moneys due to them from the Corporation." 



The last resolution on the subject was passed at a meeting of 

 the Mercers' Company on the 23rd of February, 17 10, when it was 

 " order'd that the money due to this Company from the Cor- 

 poration of Derby be forthwith called in and be paid into the 

 hands of Mr. Abraham Crompton." A fine of ten pounds was 

 due from Mrs. Dorothy Gretton to the Corporation, as well as 

 one of thirty pounds to the Mercers' Company, and at a Common 

 Council it was ordered that the ten pounds should be remitted 

 to the Company. This was in May, 17 11. Thus was left a 

 balance of ten pounds owing by the Corporation, and there is 

 no further mention of the transaction in the records of the 

 Mercers' Company. 



In the year 1729, the rate of interest was lowered to four per 

 cent, by the Company ; they lent ^£"22 to Mr. Richardson at that 

 rate on his note of hand, and at a meeting on April 27th, 1731, i 



* One of the wardens. 



