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The foundation stone was laid by none other than Sir Chapman Marshall, Lord Mayor of the City of London in the presence of the Sheriffs of the City and County (although Marshall subsequently chose to be laid to rest in the Anglican catacombs at West Norwood Cemetery.)
The building was taken on a long lease by George III from the descendants of Sir Richard Levett, a powerful merchant and the former Lord Mayor of the City of London, who had purchased it from the grandson of Samuel Fortrey.
In the same year, money from Robert Thorne (a wealthy London merchant who, like Monoux, originated from Bristol and became Lord Mayor of the City of London) was used to completely rebuild the south aisle and to add a chapel on its eastern end.
Under an order issued by the Lord Mayor of the City of London on 10 April 1484 (known as the Billesdon Award), the Company ranks in sixth or seventh place (making it one of the "Great Twelve City Livery Companies") in the order of precedence of the Livery Companies, alternating annually with the Merchant Taylors' Company.