Oundle traces its history back to 1556, when Sir William Laxton, Lord Mayor of London and Master of the Worshipful Company of Grocers endowed a ‘Free Grammar School’ in Oundle, where he had been educated at the original Gild School founded in 1506. The School is governed by a Royal Charter dating from 1930, last amended by granting of a supplemental charter in 1999.
“The object of The Corporation shall be to provide at the School an education of the highest class”ROYAL CHARTER
Under the terms of Sir William Laxton’s will, the Worshipful Company of Grocers (the Grocers’ Company) has been supporting the School since its foundation. There are 110 livery companies in the City of London, with the senior livery companies being known as the Great Twelve. Today, the Worshipful Company of Grocers ranks second in the order of precedence that was established in 1515. Originally known as the Guild of Pepperers, whose earliest records date from 1100, the Grocers’ Company was formed as a religious and social fraternity of merchants and moneyers who traded in spices, gold, and other luxury goods from Byzantium and the Mediterranean. Their use on occasion of pepper as a currency gave rise to the expression “peppercorn rent”. The Grocers’ Company gives generously to charity and continues to support the School through the provision of bursaries, scholarships and grants.