The quit-rent was handed down from the feudal system of medieval times.
He held it on freehold title, with no reservation of quit-rent to the Government.
The proprietors were promised a remission of £16 for men, and £20 for women, on the quit-rent.
The quit-rent revenue amounted to about eight hundred pounds sterling per annum.
Here--there is a dollar for you; the quit-rent is paid for this year, at least.
In 1732 this became fifteen and one-half pounds, with a quit-rent of a half penny per acre.
The employment of convicts entitled the company to remission of quit-rent; £16 annually each man.
Many hold twenty or thirty thousand acres of land apiece, very largely surveyed, without paying one penny of quit-rent for it.
And you can settle with Akm afterward; you can reduce his quit-rent, I suppose.
The total amount of quit-rent is estimated at £15,000 a-year, including the towns.