Show CHURCH THRIVES ON ROYAL GIFTS GIFIS Famous Old Trinity Endowed by Two Monarchs l In 1691 1007 when some Borno of or his Anglican An An- subjects were worshiping In n a fort fart near the Battery King William III m of England gore gave young Trinity parish tho the land on which h ch Trinity church now stands Stanus nt at the tho head bend of ot Wall Vall street There was no street then but a wall later razed to give tho the little city on Manhattan Island room to grow Later the royal heart was struck with the thought that the struggling church could well do with some funds and he be gave gate the parish the right to sell seU all nU whales wrecks and flotsam and jeL Jetsam m flung up on Long Island What revenue If It any Trinity derIved derived derived de de- de- de rived from that privilege has hns not nol been discovered At any rate the parish did not prosper fast enough for Queen Anne and In 1705 she IDle bestowed bestowed bestowed be be- stowed on it a tract of or land which became known as ns the tho Queens Queen's farm It yielded a n revenue of ot 40 a n 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 Though large slices of or the farm were Yere taken talen to provide for tor other other other oth oth- er Episcopal churches Kings King's college college college col col- lege now Columbia university and other buildings the little church at nt atthe atthe the head hend of ot Wall Vall street had lots remaining and prospered until It became became be be- came the wealthiest church In New NewYork NewYork NewYork York and probably In the tho country Recently the tho parish sold the east enst eastside side eldo of oC Hudson street from rom West Vest Houston to Clarkson street part vart of oC the tract It received years ago ngo from Crom King William The transfer marked the first change In ownership owner- owner ship chip of or this particular property since the royal grant Four and five five- story buildings cover the block Involved Involved In In- Involved In the transaction and according according ac nc- ac- ac cording to William S. S Sussman Inc the broker In the deal the and land on which they stand are nr are assessed at Literary Digest Digest Di DI- gest |