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.

    92/172 (page 56)
    [ 5« ] of I Pound per Anmm^ and the Rates and Tythestherof amount (exclufive of the King’s Tax,) to 12/. a Year: What is the Fee in Reverfion of a Lcafe of 40 Years worth in ready Money, the Accidents and Cafualties very few, or none at all? 126^7 Here the Neat Produce of the Eftate is 57/. a Year; And 57 /. per Annum^ to continue for * ever, is equal to the Fee-Simple, if( it were in Poffeffion; which at 4^ per Cent, is- The Value of the Leafe for 40 Years,.' by the Tables and Multiplication, is, at 45 per Cent, -- Th is I aft Value lubftrafted from the ~ former, leaves the Value of the Re¬ verfion -- • ’1050 217 In this laft Example, the Security that the Purchafer hath for the Rack-Rent, is near as good as that for the Payment of the Out¬ goings; on which account, I firft of all de- du(3: the Out-goings from the yearly Value, and reckon the Remainder as an Annuity: But generally fpeaking, it ought to be done otherwile, viz. by reckoning the whole Rent as an Annuity, to be received at a proper Rate of Intereft, and then to compute the Out-goings fo near as polfible, and to value that Sum as an Annuity to be paid out, for which, generally, the Rate of Intereft ought