The History of Drogheda: With Its Environs, And An Introductory Memoir of the Dublin And ... 1

Cover The History of Drogheda: With Its Environs, And An Introductory Memoir of the Dublin And ... 1
The History of Drogheda: With Its Environs, And An Introductory Memoir of the Dublin And ... 1
John Dalton
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38p. are applicable to general corporate purposes, 16 are the Aldermen's acres, 154a. 2r. I3p.
are commons land, and 40 acres belong to the poor of St. John's. The terms, for which the Corporation CORPORATE HISTORY. 233 used to grant leases, were for 999, 99, and 61 years, at the discretion of the Assembly, up to 1796, when it was resolved, "that in future, all lands, the property of this Corporation, be set for a term of 99 years, and one-half of the rent fined down at twenty years' purchase,
...and that houses and building ground in this town and suburbs, be set for 99 years, and one- half of the rent fined down at ten years' purchase ;" since which period, leases have been (with three ex- ceptions for public purposes) granted for 99 years, but that part of the resolution, respecting the fining down of the rent, has been subsequently varied. The lettings of the commons, and of the estate appropri- ated to the poor of St. John's, have been subject to other regulations ; renewals not being made of the leases thereof, but on their expiration the lands are set up to auction, and, as the rents are applied to charitable purposes, the bidding is not confined to any particular class of persons, and the highest sol- vent bidder obtains a lease for sixty-one years, on payment of a fine equal to two years' rent.

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