Sir Walter Ralegh: A BiographyStebbing, W. (William)
History
Sir Walter Ralegh: A Biography
Stebbing, W. (William)
Biography; Raleigh, Walter, Sir, 1552?-1618
Ralegh had other disputes with Pine. At one time he even
questioned if Pine had not conspired with his Sherborne bailiff to palm
off a forged lease for a long term of the lands of Mogelly. He was
involved also in endless disputes with other farm tenants, as an
absentee landlord might have expected to be. Ultimately he resolved, by
the advice of Carew and of Cecil, to free himself from the burden. In
December, 1602, he sold his interest in all, except the old castle of
Inchiquin Ralegh. Of that, Katherine, dowager Countess of Desmond,
fabled to have been born in 1464, was, and remained till 1604, tenant
for life. Boyle, since distinguished as the Great Earl of Cork, bought
the rest, lands, castles, and fisheries, with Ralegh's ship Pilgrim
thrown in as a make-weight. The amount paid, according to Boyle's
assertion, fifteen years later, in reply to Lady Ralegh, and thirty
years later, in reply to Carew Ralegh, was a full price for a property
at the time, it is admitted, woefully dilapidated. Boyle declared that
it was not worth nearly the amount he paid. He complained of having been
forced to an expenditure, for which the vendor was liable, of £3700 to
clear the title. So shrewd a man of business would hardly have thus
defrauded himself. He is sure to have had an excellent bargain. But it
does not follow that the arrangement was unfair to a speculative
absentee like Ralegh. In his hands the land was notoriously
unprofitable. Lady Ralegh's estimate of it as worth £2000 a year at the
time cannot be accepted.
[Sidenote: _Sherborne Castle._]
Public-domain text, read in full here on John Shaqi.
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