Akademik

Drapers' Company
   One of the twelve Great Livery Companies.
   Obtained charter 1364, incorporated, 17 H. VI.
   Elections to the Mistery of Drapers mentioned in 1328 (Cal. L. Bk. E. p. 232).
   Many of the Drapers lived in Birchin Lane and Cornhill in Stow's time (p. 200).
   Also called Clothiers. "Pannarius" = Clothier. So translated in grant of their Hall in Throgmorton Street (See Drapers' Hall).
   Herbert suggests that the term "drapers" was applied to those who made and sold cloth in or near London, and "clothiers" to those who brought it for sale from the country (I. 394).

A Dictionary of London. . 1918.