Show CHURCH THRIVES ON ROYAL GIFTS Famous Old Trinity Endowed h by Two Monarchs In 1037 when some lome omo of or his hl An An subjects were worshiping In a 1 tort fort near tho the Battery King William WilliamIn Williamm m In of ot England gave gae young TrInIty parIsh the land on which church now stands at the head of Wall street There was no street then but a wall later r razed to give tho lIttle city on Manhattan Manhattan Island room to grow Later the royal heart was struck with the thought that the struggling church could well do wIth some lomo funds and he gave the parish the right to sell cell all whales wrecks and flotsam and jetsam flung up op on Long Island What revenue If It any Trinity de- de derIved derived de derived rived from that privilege has hag not Dot been discovered At any rate the parIsh did not prosper fast enough for tor Queen Anne and In 1705 sho she be- be bestowed be bestowed stowed on It a n tract of ot land which became known as the Queens Queen's farm tarm It yielded a revenue of ot 40 a year As the thriving city began to spread out on Its narrow terrain the Queens Queen's farm became covered with rent paying buildings Subways It In later years and rents went up op Though large slices of the farm were taken to provide for oth other er en Episcopal churches churches ICIngs ICIng's col- col college col college lege now Columbia university and other buildings the little church at atthe atthe atthe the head of Wall street had lots remaining and prospered until It be- be became became be became came the wealthiest church In New NewYork NewYork NewYork York and probably In the tho country Recently the parish sold the east eastside side of Hudson street from West Houston to Clarkson street part ot of the tract It received years ago from King William The transfer marked the first change In owner owner- ownership ownership owner ship of ot this particular property since the royal grant Four Pour and five five- etory story buildings cover the block in- in involved In Involved In the transaction and ac- ac according according ac according cording to William WIlHam S Sussman Inc the broker In the deal the buildings and land on which they stand are ar assessed at Literary Literary Dl- Dl Digest sest Dl-sest gest |