The previous Act limited the use of the brick-clay, gravel, &c. which
were dug out of this estate, to the improvement of the premises whereon
these were found, but to no other purpose; but it was now declared, that
“for as much as it will tend greatly to the Improvement of the said
Estate, to raise a Fund for the purpose of making main drains, forming
and paving streets, forming and gravelling roads, making bridges, and
erecting bridge ways for the improvement of the said estate,” it should
now be enacted, that these materials might be sold to form a fund for
carrying out these objects, “and for the general improvement of the said
estate.” {85a}
Provision was made by this Act for the redemption of the land tax, which
was charged at £132 per annum, the consideration for which is stated to
have been £4,840 capital stock in the three per cents. This was bought
for £3,075 0_s._ 10_d._, by the sale of 4A. 1R. 36½P. which brought in
£3,653 4_s._ 5_d._, the expenses thereon being £64 11_s._ 10_d._ {85b}
In 1805, another Act of Parliament relative to the Paddington estate, the
45th Geo. III. cap. 113, became the law of the land, and “all judges,
justices, and others” were directed to admit, as evidence, printed copies
thereof; but as this Act can be obtained in the usual way, my notice of
it will be very brief. It recites in part the two preceding Acts; states
that “considerable progress has been made for carrying into execution the
said Acts;” and attempts to remove “doubts which have arisen whether the
trustees of the original lease for the time being, though with the
consent of the said Lord Bishop, (Beilby, still bishop of London), or his
successors, have a power under the said Acts, or either of them, to enter
into contracts for granting building leases at a rent to be specified in
the contract, payable for the whole ground agreed to be demised; and
afterwards, as the houses or buildings shall be completed or covered in,
to grant separate leases of such houses or buildings, at separate rents,
amounting in the whole to the rent originally contracted for.” Which
mode of contracting, we are told, “is by experience found to be a
necessary preliminary to the granting of any such Lease.”
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account