Worshipful Company of Feltmakers
Encyclopedia
The Worshipful Company of Feltmakers is one of the Livery Companies
Livery Company
The Livery Companies are 108 trade associations in the City of London, almost all of which are known as the "Worshipful Company of" the relevant trade, craft or profession. The medieval Companies originally developed as guilds and were responsible for the regulation of their trades, controlling,...

 of the City of London
City of London
The City of London is a small area within Greater London, England. It is the historic core of London around which the modern conurbation grew and has held city status since time immemorial. The City’s boundaries have remained almost unchanged since the Middle Ages, and it is now only a tiny part of...

. The Feltmakers, or makers of felt hats, were incorporated by Letters patent
Letters patent
Letters patent are a type of legal instrument in the form of a published written order issued by a monarch or president, generally granting an office, right, monopoly, title, or status to a person or corporation...

 granted by James I in 1604. They received an extended Royal Charter
Royal Charter
A royal charter is a formal document issued by a monarch as letters patent, granting a right or power to an individual or a body corporate. They were, and are still, used to establish significant organizations such as cities or universities. Charters should be distinguished from warrants and...

 in 1667. The Company gradually lost its role as a trade association for felt hat makers, due to both advancements in technology and the increased popularity of silk hats. Like a majority of Livery Companies, the Feltmakers' Company is now primarily a charitable institution, but still has a number of milliners amongst its members.

The Feltmakers' Company ranks sixty-third in the order of precedence
Order of precedence
An order of precedence is a sequential hierarchy of nominal importance of items. Most often it is used in the context of people by many organizations and governments...

 for Livery Companies. Its motto is Decus Et Tutamen, a Latin
Latin
Latin is an Italic language originally spoken in Latium and Ancient Rome. It, along with most European languages, is a descendant of the ancient Proto-Indo-European language. Although it is considered a dead language, a number of scholars and members of the Christian clergy speak it fluently, and...

 phrase taken from Virgil
Virgil
Publius Vergilius Maro, usually called Virgil or Vergil in English , was an ancient Roman poet of the Augustan period. He is known for three major works of Latin literature, the Eclogues , the Georgics, and the epic Aeneid...

 meaning An Ornament and a Safeguard. (The phrase also appears around the milled edge of certain pound coins.)
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