In process of time another source of revenue arose. Leases of College estates were usually granted for a term of forty years, and there was a general custom that the tenant might surrender his lease at the end of fourteen years and receive a new one for forty years. As prices rose tenants were willing to pay a consideration for the renewal known as a "fine"--this was calculated on the full letting value of the estate at the time of the renewal, the rent reserved remaining at its traditional amount. At first this fine-money was regarded as a species of surplus, and grants were made from it to Fellows or scholars who were ill or in special need of temporary assistance. The cost of entertaining royalties or other distinguished visitors, and part of the cost of new buildings, were defrayed from this source. In the year 1629 the practice arose of dividing this fine-money up among the Master and Fellows in certain shares, and the money so paid became known as the "dividend." At the present time the College property is managed like any other landed estate, and after the necessary expenses of management and maintenance have been met, and certain fixed sums paid to the scholars and exhibitioners, and to the University, the remainder is by the statutes divided up into shares called dividends, each Fellow getting one dividend, the Master and the members of the College Council receiving certain additions calculated in dividends; there is a general restriction that the dividend shall not exceed L250 a year. The fall in the value of land at present automatically provides that this limit is not exceeded; if the revenues become more than sufficient for the purpose, additional fellowships and scholarships must be established. The reader will gather that the chief endowment of the College arises from land. The College estates lie scattered over most of the eastern side of England, from Yorkshire to Kent. There is no large block of property anywhere. The estates in past times, when means of communication were poor, must have been difficult to visit. In the leases of the more distant farms it was usual to stipulate that the tenant should provide "horse meat and man's meat" for the Master and Bursar and their servants while on a tour of inspection. That some care was bestowed on the management is clear from the regular entries, in the books of accounts, of the expenses of those "riding on College business." Probably the estates were visited when leases came to be renewed, and an effort made to discover the actual letting value of the property. Land agents seem to have been first employed to make formal valuations towards the end of the eighteenth century, and about the same time plans of the estates were obtained, some of these, made before the enclosures, showing the land scattered in many minute pieces, are very curious and interesting.