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Updated: May 10, 2025
Stupid, wasteful, positively ridiculous; you laugh at your fellow- creatures, you know, when you think of it! But take this smiling country as it stands. Think of the laws appertaining to real property; to the bequest and devise of real property; to the mortgage and redemption of real property; to leasehold, freehold, and copyhold estate; think, said Mr.
Is it satisfied by a leasehold or a life-interest, or by such an arrangement of corporate property as is offered by a collegiate foundation, or by the provision of a public park? Does it require for its satisfaction material and visible things such as land or houses, or is the holding, say, of colonial railway shares sufficient?
Should the perpetual leaseholders retain the right of converting at any time their leasehold into a freehold by paying down the cash value of their farm, or should the State always retain the fee simple? Next, if the State should retain this, ought there to be periodical revisions of the rent, so as to reserve the unearned increment for the public?
And the fact that the husband has abandoned the homestead will not affect the homestead right, so long as the wife and family remain in occupancy. The homestead right may belong to one of several tenants in common of undivided property, or in a leasehold interest.
Her Royal Highness Princes Louise, the Duchess of Argyll, defrayed the cost of the purchase of the leasehold of this charming Home. The lady-Officer in charge informed me that the object of the establishment is to take in women who have or are about to have illegitimate children. It is not, however, a lying-in Home, the mothers being sent to the Ivy House Hospital for their confinements.
The system, most agreeable for Lord Woldo and about a dozen other landlords in London, was called the leasehold system; and when Lord Woldo became the proprietor of some bricks and mortar that had cost him nothing, it was said that one of Lord Woldo's leases had "fallen in," and everybody was quite satisfied by this phrase.
The gamble for Harcourt House was commuted into a leasehold tenancy by the intervention of the lawyers, who declared that the ownership of the mansion could not be separated from the rest of the estate.
It is a gathering together of all the smaller interests which find themselves at a disadvantage against the big established classes, the leasehold tenant as against the landowner, the retail tradesman as against the merchant and the moneylender, the Nonconformist as against the Churchman, the small employer as against the demoralising hospitable publican, the man without introductions and broad connections against the man who has these things.
If a man dies intestate, leaving a wealthy son and half a dozen daughters quite unprovided for, the son takes all the real property, and the daughters may be left penniless, but if the property happens to be leasehold for 1,000 years, the daughters share equally. The present state of the law is a survival of the time when ownership of freehold land implied personal service.
K. ‘I can only see one good result of the leasehold system that women are as anxious for motherhood now as in the early century they were anxious to avoid it. We grow old with the fear of almost certain desertion and loneliness before us, and the one hope for our old age is our children Oh! I
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