The original indenture between John Parker, son of Archbishop, and the college made allowance for Parker to redeem the £10 annuity, which went to support the Parker scholars, on payment of £200. The Master (Perowne), apparently late in the sale proceedings, disputed that the purchasers of the property should also have the right to redeem the annuity, and counsel's opinion was sought. Counsel (Vernon R. Smith) however found for the purchasers.
The Master and Fellows agreed to accept the redemption at their meeting of 26 January 1893.