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fee is in the Archbishoprick of York: Earl Spencer is
Lessee only for lives
2. Were there legal power to dispose of the land on such
terms, the supposition of a probability of finding persons to take it on
such terms is a mistaken one, disproved by fact.
The nearest spot to B it capable physically capable speaking of
such an application is a piece of ground belonging
to Mr Sewel (the Bookseller in Cornhill) being a on the contination
same of the elevation and separated only by a and compassing possessing the same prospect.
Mr Sewel for several years advertized it to this ground
of his to be let on building leases on a plan of Mr
Leverton's . and kept boards up. Nobody applied, and the project has for
some time been given up as hopeless. Close to Mr
Sewel's is another piece of ground possessed of the same
advantages. The proprietor, as Mr Sewel informed
me had made similar attempts: but these too had
proved equally abortive.
The notion with regard to letting the land on building
leases, being the suggestion of gentlemen living having villas at Clapham
is evidently taken from the state of things in their neighbourhood.
But, Clapham is, and in particular the
houses of the gentlemen in question are a mile off.
240
30
7200
Building Leases out of the question, no part of
the land lets for more than £ 3 an acre: a considerable
part, I believe the greater (I believe), for not so much.
Mr Sewel, who being tenant in fee is at full liberty to
make the most of his ground, can not get above
forty odd shillings for it (I think it is 45s)
Were the whole of the land let at £3,
this lot of 80 acres £ 240: this at £ 30
year purchase would be - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - 7200
Under which
think I flatter myself
you will hardly think
it necessary the intimation of your decision
should wait for the
proof of them.
If such be the case,
the employing instituting an
inquiry with regard
to collateral matters
of fact, such as those
intimated by the allegations
implied in
the queries would
will be as useless
as
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Identifier: | JB/541/592/002"JB/" can not be assigned to a declared number type with value 541. |
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1794-??-?? |
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541 |
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592 |
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002 |
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Correspondence |
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Jeremy Bentham |
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