By a 1538 indenture, Margaret, Countess of Kent transferred ownership of four tenements and her own house at Queenhithe, all of which she held in fee, to The Clothworkers’ Company. The Countess reiterated her intentions in her 1540 will. In return for the property, the Company agreed to pay an annual stipend of seven pound to the Countess for the remainder of her life. The remaining rental money from these Queenhithe properties and other lands at Fenchurch Street were to be used by the Company to support seven poor almswomen at Whitefriars almshouse.
The Company retained control of the properties for just ten years. In that time the only reference to them comes in a dispute in 1546 between the Company and a Mr. Butts. Butts petitioned the Court for a lease of the Countess’ house at Queenhithe, but was hesitant to pay the thirty pounds requested by the Company as a fine. The properties seem to have been sold in 1549 for £109 10s. The most likely purchaser was John Machell, the then Company Master, who is noted in the Court Orders as receiving a lease for twenty-eight years purchase in that year.
 The Clothworkers’ Company Archive (hereafter CCA), Estate/5/1A/5, Indenture between The Clothworkers’ Company and Margaret, Countess of Kent, 14 July 1538.
 TNA PROB 11/28, ‘The will of Margaret, Countess of Kent’, 2 December 1640.
 CCA, Court Orders, CL/B/1/1, f. 28r, Agreement with the Countess of Kent, 20 April 1538.
 CCA, Court Orders, CL/B/1/1, f.129v, Variance between the Company and Mr. Butts, 19 March 1546.
 Report on the Charities of the Clothworkers' Company: Part I', City of London Livery Companies Commission. Report; Volume 4 (1884), pp. 572-599. URL: http://www.british-history.ac.uk/report.aspx?compid=69737&strquery= Date accessed: 21 October 2010. >
 CCA, Court Orders, CL/B/1/1, f.150r, Sale of Queenhithe, 22 January 1549