Head of the Church time of the English Reformation, Henry VIII took for himself the title of Supreme Head of the Church of England, which was theologically problematic; his daughter Elizabeth I changed this to Supreme Governor of the Church of England. The Presbyterian system, codified in the Westminster Standards, outlines teaching elders (Ministers) and ruling elders, and courts presided over by Moderators sitting "primus inter pares", and gives practical effect to the concept of the equal status of all believers behind the one and only head of the church - Jesus Christ. This gives rise to the famous (or infamous) section of the
Humphry Morice (Governor of the Bank of England) extent of his defalcations was revealed: he had not only swindled the Bank, but abstracted money from a trust fund left for his daughters by their maternal uncle, and still left debts of nearly £150,000. The Bank took action against his widow to attempt to recover its losses, ultimately settling for £12,000 after forty-three years of litigation. Humphry Morice (Governor of the Bank of England) Humphry Morice (c.1671 – 16 November 1731) was a British merchant, MP and Governor of the Bank of England. He inherited his father's trading business around the age of eighteen, and learned finance and speculation