City of London of the City held at the outdoor cross of St Paul's Cathedral, was formerly also held. Many of the medieval offices and traditions continue to the present day, demonstrating the unique nature of the City and its Corporation. In 1381, the Peasants' Revolt affected London. The rebels took the City and the Tower of London, but the rebellion ended after its leader, Wat Tyler, was killed during a confrontation that included Lord Mayor William Walworth. The City was burnt severely on a number of occasions, the worst being in 1123 and (more famously) in the Great Fire of London in
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.