Sheffield 'Founding' Families

[animal2006]

He also sold the rights to hold markets and fairs to the council for £236,000 in 1899.

A lot of money in those days!!

[hillsbro]

He also sold the rights to hold markets and fairs to the council for £236,000 in 1899.

A lot of money in those days!!

 

It was indeed a lot of money, but according to the Sheffield markets website the old duke became richer by more than twice this amount:

 

"In 1899 the then Sheffield Corporation bought the markets and rights appertaining thereto from the then Duke of Norfolk for the sum of £526,000".

 

See:http://www.sheffieldmarkets.co.uk/sheffield-market-rights.php

[animal2006]

It was indeed a lot of money, but according to the Sheffield markets website the old duke became richer by more than twice this amount:

 

"In 1899 the then Sheffield Corporation bought the markets and rights appertaining thereto from the then Duke of Norfolk for the sum of £526,000".

 

See:http://www.sheffieldmarkets.co.uk/sheffield-market-rights.php

OOPS, Even dearer than i thought. wonder where the council got that sought of money from?

[Albert T Smith]

Who gave him all these things to sell or rent to us, in the first place?

[Greybeard]

Who gave him all these things to sell or rent to us, in the first place?

 

The King - on 12th. november 1296.

[Greybeard]

It was indeed a lot of money, but according to the Sheffield markets website the old duke became richer by more than twice this amount:

 

"In 1899 the then Sheffield Corporation bought the markets and rights appertaining thereto from the then Duke of Norfolk for the sum of £526,000".

 

See:http://www.sheffieldmarkets.co.uk/sheffield-market-rights.php

 

It would have been the land and all the buildings on it plus all future rentals to be derived therefrom. Doubt the corporation/Council will have been out of pocket on the deal.

 

How much is the land alone worth now ?

[Albert T Smith]

The King - on 12th. november 1296.

 

Thank you. I've always thought my Dad (to the twelfth power) married into the wrong family!!

 

Actually, It was Acts like this that gives our country the stability that is lacking in most other countries.

 

A fact, whether we like it or not.

[mrsmills]

The divesting of land in this way is inherently a part of feudal land ownership, ultimately and theoretically even today all land is part of the crown estate (hence reversion to the crown in the case of intestacy of person with no heirs), it is not owned as such by anyone but the crown as a freeholder you merely granted the right to occupy the land for an indefinite period, as the feudal lords were. They were fiefdoms, which indeed brought the development of large towns and indeed stability and from their interest in the land they were permitted to then grant other lesser estates which today we would broadly identify as 'lease-holds' although these existed in various different forms (until 1925 when the creation of all but the 'modern' lease-hold estates was prohibited) - the system however, eventually became outmoded and made the alienation of land difficult and lacked surety of title for purchasers and allowed huge amounts of land to be tied up indefinitely.

[Albert T Smith]

The divesting of land in this way is inherently a part of feudal land ownership, ultimately and theoretically even today all land is part of the crown estate (hence reversion to the crown in the case of intestacy of person with no heirs), it is not owned as such by anyone but the crown as a freeholder you merely granted the right to occupy the land for an indefinite period, as the feudal lords were. They were fiefdoms, which indeed brought the development of large towns and indeed stability and from their interest in the land they were permitted to then grant other lesser estates which today we would broadly identify as 'lease-holds' although these existed in various different forms (until 1925 when the creation of all but the 'modern' lease-hold estates was prohibited) - the system however, eventually became outmoded and made the alienation of land difficult and lacked surety of title for purchasers and allowed huge amounts of land to be tied up indefinitely.

 

 

In my frequent, off the beaten track, Hiking Cycling Camping younger days, I could have done with the above posting, to show the Gamekeeper when he suggested, that we found elsewhere to enjoy a over night stay or have a discussion with his extra large size, thick fist or boot!!

[alex3659]

The divesting of land in this way is inherently a part of feudal land ownership, ultimately and theoretically even today all land is part of the crown estate (hence reversion to the crown in the case of intestacy of person with no heirs), it is not owned as such by anyone but the crown as a freeholder you merely granted the right to occupy the land for an indefinite period, as the feudal lords were. They were fiefdoms, which indeed brought the development of large towns and indeed stability and from their interest in the land they were permitted to then grant other lesser estates which today we would broadly identify as 'lease-holds' although these existed in various different forms (until 1925 when the creation of all but the 'modern' lease-hold estates was prohibited) - the system however, eventually became outmoded and made the alienation of land difficult and lacked surety of title for purchasers and allowed huge amounts of land to be tied up indefinitely.

 

lovely post ,really enjoyed reading , thankyou.