Woolsack in 1346. From the Middle Ages until 2006, the presiding officer in the House of Lords was the Lord Chancellor and the Woolsack was usually mentioned in association with the office of Lord Chancellor. In July 2006, the function of Lord Speaker was split from that of Lord Chancellor pursuant to the Constitutional Reform Act 2005. The Woolsack is a large, wool-stuffed cushion or seat covered with red cloth; it has neither a back nor arms, though in the centre of the Woolsack there is a back-rest. The Lords' Mace is placed on the rear part of the Woolsack. In
Judicial functions of the House of Lords India Company". Thomas Skinner had established a trading base in Asia while there were few restrictions on trade there; later, however, the base was seized by the British East India Company, which had been granted a monopoly. In 1667, the King, Charles II, referred the case to the Lords after failed attempts at arbitration. Replying to Skinner's petition, the East India Company objected that the case was one of first instance, and that the Lords therefore should not have accepted it. Notwithstanding the Company's protests, the House of Lords proceeded with the matter. Though lawyers argued that the House could