of all manner of taxes, and from all other deductions and outgoings whatsoever:” one-third part to be paid to the said Lord Bishop and his successors, and the remaining two-thirds to the trustees, as lessees of the said estate. What good and valuable consideration, over and above the rent specified, was given to the Bishop and his lessees to induce them to consent to lease this land for ninety-nine years, bating one day; and to agree, for themselves and their successors, to renew the lease every fifty years for the same term, on the tender of a fine of twenty shillings, I cannot tell. These holders of the land, in all probability, had a less exalted notion of its value than their successors have had, but still it is very probable _some_ compensation was given to induce them to part with it at such a rent. Nine years after the passing of the Bishop’s first Building Act, it was found that it required “altering and amending,” and the 44th Geo. III. cap. 63, was passed for that purpose; “and for granting further powers, the better to carry into execution the purposes of the said Act.” By this Act, two new trustees, Frederick Treise Morshead, eldest son of Sir John and Lady Morshead, and Henry Frederick Thistlethwayte, son of Sir Robert and Selina Thistlethwayte, were appointed in the place of Thomas Wood, deceased. And we are informed that those parts of the first Act which limited the letting to public auction only, and required, in the leases for twenty-one years, the insertion of a notice that the occupancy might be terminated after any six months thereof, were “found to be very prejudicial to the interests of the parties interested in the said estate, and a great check to the future improvement thereof,” and it was thought that it would “tend greatly to the advantage of the See of London, and the other parties interested in the said estate,” if further powers were given. These clauses of the aforesaid Act were, therefore, repealed, and in lieu thereof, the lessees or lessee of the Bishop, with his previous consent first had and obtained in writing, were allowed to treat, by private contract, or otherwise, with any person or persons, willing to build on this land, for the whole or any part of the two hundred acres in the previous Act mentioned to be let for building upon, for any term not exceeding ninety-nine years.