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.

    118/172 (page 82)
    [ 8= ] Example II. • 1 There is at prelent on an Eftate of jo /. per Ann. one Life, aged 52; the Tenant would purchafe another Life to be nominated at the Death of the former, viz, one that fhall be then ;2 2 Years old, allowing the Pur- chafer 6 per Cent,; and for the Sum paid out, which is p/. per Ann. 5 per Cent, What is the Value of the Life to be purchafed? The Life in Pofleffion is worth, at 6 per Cent, (for any Rate may be taken for this purpofe) per Tab, 4, --—- 8,pi Years. This Number found under the lame Rate of Intereft, in Tab fliews in the firit Column the Life is as valuable as an^ Annuity certain for the TermV of--J 3.i4Years. Hence the Life that is to fucceed, is to be named at the End of 13.14 Years. A Life of 22 is worth, by Tab, 4.7 ^ at 6 per Cent. .— 3 ^ And the fame at ^ per Cent. -14-^4 Which being the Number of Years Value that the Rent and Outgoings will be worth for the fecond Life at the End of 13.14 Years, / the Value of each in ready Money may be found