The Complete Works of William Shakespeare - Israel Gollancz William Shakespeare [3504]
Numerous and continuous records of provincial visits for a company infer that it would be better known as a provincial than as a London company, while the total lack of any record of Court performances, taken in conjunction with a large number of records of provincial performances, would imply that such a company had no permanent London abiding-place, such as Lord Hunsdon's company undoubtedly had in Burbage's Theatre.
The fact that James Burbage, the leader of Leicester's company in its palmy days—1574 to 1582—was, between 1582 and 1589, the leader of Lord Hunsdon's company, when coupled with the fact that they appeared before the Court during this interval, gives added evidence that it was a recognised London company at this period.
Much ambiguity regarding James Burbage's theatrical affiliations in the years between 1583 and 1594 has been engendered by the utterly gratuitous assumption that he joined the Queen's players upon the organisation of that company by Edmund Tilney, the Master of the Revels, in 1583, leaving the Earl of Leicester's players along with Robert Wilson, John Laneham, and Richard Tarleton at that time. We have conclusive evidence, however, against this assumption. James Burbage worked under the patronage of Lord Hunsdon and was undoubtedly the owner of the Theatre in 1584, although Halliwell-Phillipps, and others who have followed him in his error have assumed, on account of his having mortgaged the lease of the Theatre in the year 1579 to one John Hyde, a grocer of London, that the actual occupancy and use of the Theatre had also then been transferred. There is nothing unusual or mysterious in the fact that Burbage mortgaged the Theatre to Hyde. In the time of Elizabeth, leases of business property were bought, sold, and hypothecated for loans and regarded as investment securities. Burbage at this time was in need of money. His brother-in-law, John Brayne, who had engaged with him to advance half of the necessary expenses for the building and conduct of the Theatre, defaulted in 1578 in his payments. It is evident that Burbage borrowed the money he needed from Hyde, mortgaging the lease as security, probably agreeing to repay the loan with interest in instalments. It is not unlikely that it was Giles Allen's knowledge of this transaction that excited his cupidity and led him to demand £24 instead of £14 a year when Burbage sought an agreed upon extension of the lease in 1585. As Hyde transferred the lease to Cuthbert Burbage in 1589, it appears that he held a ten years' mortgage, which was a common term in such transactions. In 1584 Burbage was clearly still manager of the Theatre, and in the eyes of the companies playing there from time to time, who were not likely to be cognizant of his private business transactions, such as borrowing of money upon a mortgage, was also still the owner of the Theatre.
In one of the witty Recorder Fleetwood's reports to Lord Burghley, dated 18th June 1584, we have the following matter referring to the Theatre and the Curtain: "Upon Sondaie, my Lord sent two aldermen to the court, for the suppressing and pulling downe of the theatre and curten, for all the Lords agreed thereunto, saving my Lord Chamberlayn and Mr. Vice-Chamberlayn; but we obtayned a letter to suppresse