This is a modern establishment. It was founded by Peter Hervé, Esq., in 1812, " for the relief of distressed persons in the middle ranks of life, of whatever country or persuasion." At the latter end of August 1818, its " third" anniversary, as it was called, was held in Freemasons' Hall, the duke of Kent, the patron, in the chair.
The last report stated that since the formation of this establishment forty-two persons have been admitted as pensioners, at from 10l. to 50l. per annum; thirty-two of whom now remain on the list, in addition to which the committee have granted the sum of 305l. in loans of from 10l. to 50l., to worthy and industrious tradespeople, who, but for such timely assistance, must have relinquished the employment that supported them and their families, and have sought refuge in a poor-house.
And with a view of providing for the permanence of the institution there has been invested 1,055l. 7s. 6d. in the purchase of 1,500l. stock in the names of the trustees to the charity.
Source: New Picture of London, Printed for Samuel Leigh, 18, Strand; by W. Clowes, Northumberland Court. 1819
Source: Leigh's New Picture of London. Printed for Samuel Leigh, 18, Strand;
by W. Clowes, Northumberland Court. 1819