Loan to the National Theatre Board

Scope and Content

Negotiations for two loans from the Shakespeare Memorial National Theatre Trust to the National Theatre Board, for renovations to the Old Vic theatre building. The file docments negotiations with the Charity Commissioner prior to the loan being authorised, correspondence about arrangements for the loan and a copy of the order from the Charity Commission authorising the loan.

Administrative / Biographical History

In 1963, the Trustees of the Shakespeare Memorial National Theatre Trust lent the sum of £40,000 to the recently established National Theatre Board, for structural alterations to the Old Vic Theatre, which was due to be taken over by the Board, for use by the National Theatre Company. A further loan was agreed in 1965, also in connection with renovations to the Old Vic building. The authorisation of the Charity Commissioner, for use of the money of the Shakespeare Memorial Fund for the loan, was obtained prior to the loan being authorised.

Arrangement

This file includes a number of legal documents connected with the transfer of the assets of the Shakespeare Memorial National Theatre to the South Bank Theatre and Opera House Board. These documents have been kept within the file rather than re-locating them to series SMNT/9, to respect their original context.

Conditions Governing Access

Open