Associated Companies

In 1609 King James I directed that a substantial sum of money be raised from the City to undertake plantation of lands in Ulster . In 1610 the City agreed a figure of £20,000 for the plantation of the future County of Londonderry . Substantial funds were levied by the Crown, principally from the 12 Great Companies.

In 1611 the Companies were asked whether they would accept a share of the lands in Ulster as a recompense for the money they had raised. The division of the land took place in 1613 when it was decided that the then 55 Companies should be divided into 12 groups, each to include one of the Great Companies.

Thus the Mercers’ Company, who had contributed £2,680, became associated with the Innholders’ and the Cooks’, each of whom had contributed £200, the Broderers’, who contributed £153 and the Masons’, who contributed £100. The Innholders’ decided not to take up their share and their involvement lapsed.

Land comprising some 3,210 acres was administered on behalf of the Associated Companies for nearly 300 years by the Mercers until it was finally sold in 1906.

At no time in its long history has the association between the Mercers’ Company and the Masons’, Cooks’ and Broderers’ Companies depended upon any kind of written agreement but has flourished on a basis of friendship and mutual regard for each other’s interests.

On the first round of Ulster levies, the Mercers were ordered to pay £410. The Company protested that they were unable to find so large a sum. They petitioned the Privy Council but before a decision could be reached a request for a second payment of £410 arrived. The Company at first refused to pay the two amounts and two of the Wardens were imprisoned, however the issue was soon revolved and the Mercer’s next levy was reduced to £310.