Judge Flannagan:--
“You must submit to the
inevitable. Is there no advance
on eleven years’ purchase? This
is the first estate I have had
to sell on which the rents have
been fixed by the Land Commission.
I hoped to get twenty-five or
thirty years’ purchase.” The land
was sold for £875; according to
Judge Flannagan’s valuation it
was worth £2,386.
Mr. Forster:--
“My firm belief is, that no In 1840, the rents of Mr.
damage can be proved. On the Usborn’s estate in Kerry
other hand, if the landlord were amounted to £2,376 _punctually
compensated, you would compensate paid_. The nearest railway
him for conferring upon him station was then 150 miles
a benefit.” distant. There is now a railway
station on the property, the
landlord has spent money on its
improvement, and the “fair” (?)
rent now fixed by the Land
Commission is £1,893.
Irish newspapers teem with
Lord Selborne, 1880:-- similar instances.
“I deny that it will diminish,
in any degree whatever, the rights Judge Ormsby, 1883.
of the landlord, or the value of
the interest he possesses. I should The Judge then asked if there
never agree to such a proposal.” was any advance on £2,200.
Hansard, cclxiv. 252. Offers were given until £2,450
was reached. Mr. O’Meara, on
behalf of the estate, objected to
the sale. In Chancery proceedings
connected with the estate it
was mentioned that £4,500 had
been offered for this lot, and
refused.
Lord Carlingford, 1880:-- Judge Ormsby:--
“I maintain that the provisions “No one could foresee what
of the Bill will cause the would subsequently occur to
landlord no money-loss whatever.” depreciate the value of the
property. _I cannot adjourn for
a third time._”
Public-domain text, read in full here on John Shaqi.
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