Mono Book Illustration

A contract was signed for the sale of the Foundling Hospital and its estate in Bloomsbury , 56 acres in all , for £1,650,000 to a company entitled Foundling Estates Ltd , with Sir Arthur Du Cros as Chairman . the whole estate was bought in1741 , from Lord Salisbury , for £6500 . It is many years since so large an area in Central London changed hands in a single transaction . The Governors of the Hospital will hand over possession in about two years , and meanwhile build a new home for the children in the country . 22 August 1925