The gentleman's steward and tenants of manors instructed. Containing rational, easy, and familiar rules and tables for finding the value of estates of freehold, copyhold, or leasehold, as well on lives as for years absolute, &c. With an enquiry into the nature of the annual disbursements, precariousness of the tenure, and casualties, that estates are charged with, and how they are to be accounted for in the valuation. The tables being founded on Dr. Halley's hypothesis, and calculated by the method laid down by Abr. de Moivre / To which is added an appendix, containing the description and use of an instrument for discovering the number of feet contained in any timber-trees, by inspection only.

  • Richards, John, land surveyor.
Date:
1730
Catalogue details

Licence: Public Domain Mark

Credit: The gentleman's steward and tenants of manors instructed. Containing rational, easy, and familiar rules and tables for finding the value of estates of freehold, copyhold, or leasehold, as well on lives as for years absolute, &c. With an enquiry into the nature of the annual disbursements, precariousness of the tenure, and casualties, that estates are charged with, and how they are to be accounted for in the valuation. The tables being founded on Dr. Halley's hypothesis, and calculated by the method laid down by Abr. de Moivre / To which is added an appendix, containing the description and use of an instrument for discovering the number of feet contained in any timber-trees, by inspection only. Source: Wellcome Collection.

    116/172 (page 80)
    [ 8o] Term of Years ablblute; and from the laft Chapter maybe eafily deduced the Value of the Fee in Reverlion of Lives^ or of one Life in Reverfion of two; of two in Reverfion of one, by a due Application of the above ge¬ neral Rule. But fomething may be proper to be faid of the Value of a Life in Reverfi¬ on of a Term of Years, to be nominated at the Expiration of the faid Term, and of a Term of Years in Reverfion of another Term of a Life or Lives, or of a or 3 joint Lives; as alfo of the Right of fuch two or more, as hold by joint Tenancy and Survivorlhip. Example L ^ IvCt it be required to find how much an Eftate of 30/. per Ann, is worth during the Continuance of a Life of 22 Years of Age ; the Right to commence, and the Life to be nominated, at the Expiration of a Term of 14 Years, allowing the Purchafer 6 per Cent. and deducing the Value of the Sum paid out, viz, 4 /. a Year at 5 per Cent, /. The Value of fuch a Life in Poffellion^ ^ for the whole Rent is, per Tab, 4. —3 The-Sum paid out is worth---- ^6 Remains the Value of the Life, if it) ' > % 20 were to be entred upon immediately, The Queftion then will be. What 320/. payable at the End of 14 Years, is worth in I