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As the charity had accumulated £300 in the Savings Bank by now, this was immediately reserved for such a venture. Soon there were 53 orphans being cared for and with the lease on the Octagon Street premises about to expire, the need to find a suitable site for a new building became paramount. The purchase of some land at the top of Lockyer Street in 1839 unfortunately caused some friction amongst the charitys supporters, especially those living in Stonehouse, Stoke and Devonport. Apparently when the Asylum was first mooted, a pledge had been given that it would be located in Stonehouse so as to be convenient for the Three Towns as a whole. A vote of the committee supported the choice of Lockyer Street by 14 to 4 against and this was subsequently ratified by a general meeting of subscribers, who voted 49 to 29 in favour. It was expected that this majority decision would be acceptable to all but the dissenters immediately took steps to form another orphanage at Stoke. At the time the opening of a rival asylum was viewed as a needless waste of money, time and labour and it was predicted that the public would probably not support either institution whereas they might have supported one. However, the work pressed ahead and the architect was asked to design a building to accommodate seventy orphans and would be capable of easily being extended should financial support be forthcoming at a later date. Tenders were invited in January 1840 and the contract was awarded to Mr George Roach, who undertook to complete the work for just over £2,000. On May 11th 1840 Sir Ralph Lopes, Bart, laid the foundation stone. At that time there were 53 orphans being housed in the Asylum. Financial support was not as forthcoming as had been hoped for and from a high of 60 orphans in 1860 the numbers were reduced to 40 until June 1868 when a further six orphans were accommodated. An annual subscription or donation of £1 entitled the subscriber to vote in the election of children to be admitted to the Asylum. When the orphan reached the age of 16 years they were placed out to service. The secretary of the Asylum in 1868 was Mr Francis Hicks
and the treasurer was Mr W J Woollcombe. The
Asylum was run by a matron with the help of a schoolmistress. The annual general meeting of the subscribers took place at the beginning of June each year. In 1890 Mr H Penrose Prance was the honorary secretary; Mr Charles Runole, the treasurer; the Reverend B B Liptrott, the chaplain; and Miss Mary Dunn, the matron. The premises were destroyed in the Plymouth Blitz and the remains demolished soon afterwards.
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