William Craven (Lord Mayor of London) Cambridge 16 May 1649. The fund was immediately afterwards sequestrated by parliament, and on 7 May 1651 a petition was presented for the payment of the scholarships. In 1654 the sequestration was discharged. The bequest was maintained at both universities. Earl of Craven William Craven (Lord Mayor of London) Sir William Craven (1548 – 18 July 1618) was an English merchant, Lord Mayor of London in 1610 (some sources say also in 1618). It has been noted that the story of Dick Whittington has some similarities to Craven's career, though the story was first published before Craven became Lord Mayor.
Lord Mayor of London been mandatory for election to the Lord Mayoralty. Two Sheriffs are selected annually by Common Hall, which meets on Midsummer's Day for this purpose. By an ordinance of 1435, the Lord Mayor must be chosen from amongst the Aldermen of the City of London. Those on the electoral roll of each of the City's 25 Wards select one Alderman, who formerly held office for life or until resignation. Now each Alderman must submit for re-election at least once in every six years. The Lord Mayor is then sworn in November, on the day before the Lord Mayor's Show ("see below").