Worshipful Company of Woolmen
Encyclopedia
The Worshipful Company of Woolmen is one of the Livery Companies
in the City of London
. It is known to have existed in 1180, making it one of the older Livery Companies of the City. It was officially incorporated in 1522. The Company's original members were concerned with the winding and selling of wool; presently, a connection is retained by the Company's support of the wool industry. However, the Company is now primarily a charitable institution.
The Company ranks forty-third in the order of precedence
of the Livery Companies. Its motto is Lana Spes Nostra, Latin for Wool Is Our Hope.
Livery Company
The Livery Companies are 108 trade associations in the City of London, almost all of which are known as the "Worshipful Company of" the relevant trade, craft or profession. The medieval Companies originally developed as guilds and were responsible for the regulation of their trades, controlling,...
in the City of London
City of London
The City of London is a small area within Greater London, England. It is the historic core of London around which the modern conurbation grew and has held city status since time immemorial. The City’s boundaries have remained almost unchanged since the Middle Ages, and it is now only a tiny part of...
. It is known to have existed in 1180, making it one of the older Livery Companies of the City. It was officially incorporated in 1522. The Company's original members were concerned with the winding and selling of wool; presently, a connection is retained by the Company's support of the wool industry. However, the Company is now primarily a charitable institution.
The Company ranks forty-third in the order of precedence
Order of precedence
An order of precedence is a sequential hierarchy of nominal importance of items. Most often it is used in the context of people by many organizations and governments...
of the Livery Companies. Its motto is Lana Spes Nostra, Latin for Wool Is Our Hope.