84b), whose monumental effigy, formerly in the church of Wainfleet, now in Magdalen College Chapel at Oxford, seems to be in the dress of a merchant.
The dedication to Mary Magdalen was no doubt derived from the hospital at Winchester of which the founder had been master.
This year Waynflete acquired the reversion of the manor of Stanswick, Berks, from Lady Danvers (Chandler, p. 87) for Magdalen Hall.
Having obtained a papal bull, he founded it by deed of the 12th of June 1458, converting the hospital into a college with a president and six fellows, to which college two days later Magdalen Hall surrendered itself and its possessions, its members being incorporated into "the New College of St Mary Magdalen."
The new, now the old, buildings at Magdalen were begun the same year, the foundation-stone being laid in the middle of the high altar on the 5th of May 1474 (Wood, 207).
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