In later years, however, upon an enquiry being held by the Justiciars of the Iter (a° 14 Edward II, A.D. 1321), the claimant was obliged to acknowledge that he had disposed of Baynard's Castle in the time of Edward I, but had especially reserved to himself all rights attaching to the castle and barony, although he very considerately declared his willingness to forego the right and title enjoyed by his ancestor of drowning traitors at Wood Wharf.(186)

But it was in time of war that Fitz-Walter achieved for himself the greatest power and dignity. It then became the duty of the castellain to proceed to the great gate of St. Paul's attended by nineteen other knights, mounted and caparisoned, and having his banner, emblazoned with his arms, displayed before him. Immediately upon his arrival, the mayor, aldermen, and sheriffs, who awaited him, issued solemnly forth from the church, all arrayed in arms, the mayor bearing in his hand the city banner, the ground of which was bright vermilion or gules, with a figure of St. Paul, in gold, thereon, the head, feet, and hands of the saint being silver or argent, and in his right hand a sword.(187) The castellain, advancing to meet the mayor, informed him that he had come to do the service which the city had a right to demand at his hands, and thereupon the mayor placed the city's banner in his hands, and then, attending him back to the gate, presented him with a charger of the value of £20, its saddle emblazoned with the arms of Fitz-Walter, and its housing of cendal or silk, similarly enriched.

London and the Kingdom - Volume I — Part 42

A sum of £20 was at the same time handed to Fitz-Walter's chamberlain to defray the day's expenses. Having mounted his charger, he bids the Mayor to choose a Marshal of the host of the City of London; and this being done, the communal or "mote-bell" is set ringing, and the whole party proceed to the Priory of Holy Trinity at Aldgate. There they dismount, and entering the Priory, concert measures together for the defence of the city. There is one other point worthy of remark, touching the office of chief banneret, and that is that on the occasion of any siege undertaken by the London forces, the castellain was to receive as his fee the niggardly sum of one hundred shillings for his trouble, and no more.

London and the Kingdom - Volume I — Part 42