The Act therefore declares that the lessees or lessee of the Bishop for
the time being, with his consent, may contract and agree, to demise,
lease, or grant any part of the premises to be let, (but not exceeding
the two hundred acres agreed to be let by the first Act,) and afterwards
grant separate leases under certain conditions; one of which is that if
the ground-rent of any one house exceed “an equal proportion of the
original rent agreed to be reserved for the whole of the land or ground
comprised in the contract,” it shall “not exceed one-seventh part of the
clear yearly rack-rent or value of the land and buildings to be by such
lease demised, {86a} so that the yearly rent to be reserved by any Lease
to be granted in pursuance of this Act, be not in any case less than
Forty Shillings:” “the Bishop of London for the time being to be a party
to all such Leases.”
The second clause of this Act provides that a memorial of every lease,
and also of every contract, shall be registered at the public Office for
registering Deeds and Conveyances, as prescribed by the seventh of Anne;
and that every such memorial shall contain a full description of the
land, the term of years for which it was let, and the yearly rent or
rents reserved thereon. {86b}
Sir John Morshead being at this time absent from the kingdom, “and
restrained from returning to the same by His Majesty’s enemies,” certain
clauses are enacted respecting his consent being obtained, before leases
are granted.
In 1808, another Act “for altering and enlarging the powers” of the 35th.
44th. and 45th. of George III. appears to have become necessary; for in
that year we have the 48th Geo. III. cap. 142, passed for this purpose.
The preamble of this Act notices an Indenture of Assignment, bearing date
on or about the twenty-fourth of July, 1807, made between Eliza Mary
Thistlethwayte, widow of Alexander Thistlethwayte, on the one part, and
Thomas Thistlethwayte, her brother-in-law, the third, but eldest
surviving son of Robert Thistlethwayte, on the other, wherein it is
witnessed that, “for the consideration therein expressed,” the said lady
assigned her interest in the Paddington Estate to the said Thomas
Thistlethwayte, his executors, &c. “for his and their own use and benefit
absolutely;” subject to the life interest of his mother, then Selina
Thistlethwayte. {87a}
Public-domain text, read in full here on John Shaqi.
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