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Updated: May 12, 2025
In parting with theatrical property, there is no standard, or measure, to direct the price: the whole question is, what are the probable profits, and what is such a proportion of them worth? "I bought of Mr. Garrick at the rate of 70,000l. for the whole theatre. I bought of Mr. Lacey at the rate of 94,000l. ditto. I bought of Dr. Ford at the rate of 86,OOOl. ditto.
Undoubtedly they are, and very considerably greater; but what is the proportion of the receipts? Mr. Garrick realized and left a fortune, of 140,OOOl. What then, is the probable profit, and what is a quarter of it worth? No. 3. is the amount of three seasons' receipts, the only ones on which an attempt at an average could be justifiable.
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