The Real Shelley. New Views of the Poet's Life. Vol. 1 (of 2)Jeaffreson, John Cordy
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The Real Shelley. New Views of the Poet's Life. Vol. 1 (of 2)
Jeaffreson, John Cordy
Poets, English -- 19th century -- Biography; Shelley, Percy Bysshe, 1792-1822
(C) Certain unsettled lands, the property and disposal of which were
wholly in the same Bysshe Shelley: and one half of the same Bysshe
Shelley's personal estate.
After what has been said of old Bysshe Shelley's success in making money,
it is needless to inform readers that C was by far the most important of
these three several lots of estate:--that, though of considerable value, A
and B were insignificant in comparison with C.
What was the precise yearly revenue of A and B does not appear. At a time
when he had no clear knowledge of the matter, the poet used to speak of
the revenue as 6000_l._ per annum. But whilst he certainly did not
understate the income, there is reason for thinking he greatly exaggerated
it. The rental may (for all I know positively to the contrary) have been
6000_l._ a-year; but in estimating the poet's financial position, readers
had better assume that the yearly income from A and B did not exceed, and
may have been considerably less than, 4000_l._ a-year. If the two lots of
estate yielded a clear income of 4000_l._ they were worth about 80,000_l._
If they yielded as much as 6000_l._, they were worth about 120,000_l._
Under the settlements, to which reference has been made, Percy Bysshe
Shelley (the poet) was, in the language of lawyers, tenant in tail male of
A and B in remainder expectant on the deaths of his father and
grandfather. That is to say, the fee simple of A and B would devolve on
him absolutely after the deaths of his sire and grandsire. For the more
clear information of non-legal readers, let it also be observed that,
having this estate in A and B under existing settlements, Percy had in A
and B an interest that would vest in him at the attainment of his
majority,--an estate which, on his coming of age, he would be able to
charge, aliene, or will away from his kindred; an estate on which he would
be able to borrow money, and could sell, or dispose of by testament,
during the lives of his father and grandfather, or the life of either of
them, no less than when on the deaths of both of them he should come in
actual possession of the land.
Public-domain text, read in full here on John Shaqi.
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