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To meet this compensation 'State urbarial bonds' were created and apportioned; they bear five per cent. interest, and are redeemable within eighty years, with two drawings annually. The fund for this compensation is raised by a special tax on every Hungarian subject; not only the freed peasant pays towards the fund, but the lord himself, and those who never had any feudal tenants.
However, in 1853 several imperial decrees were promulgated, by means of which the changed system was worked out in detail. 'Urbarial courts' were instituted to inquire into the amount of compensation due to the lords of the manors who had lost the tithes and the 'forced labour' of the former serfs.
"This very important settlement, which came to be known as the 'URBARIAL CONSCRIPTION, laid down and defined the rights and services of the peasants, and the amount of land to be held by them. The nobles henceforth were obliged to find new tenants of the peasant class in the event of the 'session-lands' becoming vacant.
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