The rate of interest is from 3% to 5%, and both principal and interest are payable in silver.
The bank has the exclusive privilege of issuing bank-notes payable in gold.
" The terms thus stipulated are called ` the conventional terms '; the rent payable by anticipation being called ` forehand rent,' that which is payable after the crop is reaped, ` back rent.'
The various special dues payable on vakuf form too long a list to be inserted; the highest is 30 per mille.
A little while later Rohan came to negotiate the purchase of the famous necklace for the 1,600,000 livres, payable in instalments.
By this treaty the annual tribute payable by Austria was abolished, but an indemnity of 200,000 florins was paid "once for all " by the emperor, who was henceforth to be given his proper imperial title (padishah) in Turkish official documents.
The sums payable by the different countries were to be fixed by the powers; but no effect has so far been given to this reasonable stipulation, which may now be looked upon as null and void.
Agricultural leases usually contain special provisions as to the order of cropping, the proper stocking of the farm, and the rights of the incoming and outgoing tenant with regard to the waygoing crop. Where the rent is in money, it is generally payable at Whitsunday and Martinmas - the two " legal terms."
In Spain, on the other hand, the title of conde, the earlier history of which follows much the same development as in France, is still of much social value, mainly owing to the fact that the rule of primogeniture exists, and that, a large fee being payable to the state on succession to a title, it is necessarily associated with some degree of wealth.
Two funds were created for the redemption and guarantee of paper issues, the latter receiving 5% of the import duties payable in gold.
Theconglomerates are true " banket " and are auriferous, but the gold has not been met with in payable quantities.
Among its recommendations was the direct political representation of natives in the colonial legislatures on the New Zealand model, and the imposition of direct taxation upon natives, which should not be less than £1 a year payable by every adult male.
He was almost as much loathed in Courland as in Russia; but the will of the empress was the law of the land, and large sums of money, smuggled into Courland in the shape of bills payable in Amsterdam to bearer, speedily convinced the electors.
When the total amount payable by the village was thus determined, the village itself settled the amount to be paid by each individual householder.
It is also in use in India, where it is known as "value payable," and was introduced in 1877 in Australia.
9, a uniform duty of ten shillings is payable on awards in England or Ireland, and on decreets arbitral in Scotland.
It also meant a tax or impost, payable in money.
But the excessive caution of Jagiello gave the Knights time to recover from the blow; the Polish levies proved unruly and incompetent; Witowt was suddenly recalled to Lithuania by a Tatar invasion, and thus it came about that, when peace was concluded at Thorn, on the 1st of February 1411, Samogitia (which was to revert to the Order on the death of Jagiello and Witowt), Dobrzyn, and a war indemnity of 10o,000 marks payable in four instalments, were the best terms Poland could obtain from the Knights, whose territory practically remained intact.
At the diet of 151o the chancellor and primate, Adam Laski, proposed an income-tax of 50% at once, and 5% for subsequent years, payable by both the lay and clerical estates.
There is no homestead exemption law and exemptions from levy for the satisfaction of debts extend only to $loo worth of property, besides wearing apparel and books and tools used by the debtor in his profession or trade, and to all money payable in the nature of insurance.
The public indebtedness of Mexico includes a foreign debt payable in gold, an internal debt payable in silver, and a floating debt covering unpaid balances on appropriations, unpaid interest, and other credits and obligations.
(2) Where land, although not taken, is " injuriously affected " by the works of the promoters, compensation is payable for loss or damage resulting from any act, legalized by the promoters' statutory powers, which would otherwise have been actionable, or caused by the execution (not the use) of the works authorized by the undertaking.
This sum represents the interest payable on government loans placed outside Australia, mainly in England, and the income from British and other capital invested in the country; the former may be estimated at £7,300,000 and the latter £8,000,000 per annum.
This was the planting of a colony of communistic per week for which such wages are payable, with the rates for overtime when those hours are exceeded.
The state is practically free from debt, the only obligation of this character being $ 1 35,5 00 in 6% bonds, payable in 1910, which were issued in behalf of the Agricultural College.
The annuity payable to the pope has, for instance, been made subject to quinquennial prescription, so that in the event of tardy recognition of the law the Vatican could at no time claim payment of more than five years annuity with interest.
Other noteworthy sources of revenue are trade licences, direct taxes on lands and forests, stamp duties, posts and telegraphs, indirect taxes on tobacco, sugar and other commodities, the crown forests, and land redemption payable annually by the peasants since 1861.
The first dining car in England was run experimentally by the Great Northern railway between London and Leeds in 1879, and now such vehicles form a common feature on express trains, being available for all classes of passengers without extra charge beyond the amount payable for food.
On the 1st of October 1907 the payable debt was $1,253,029.07, the non-payable $ 2, 33 6, 1 97.5 8, 1 a total of $3,589,226.65.
In the case of proposed drainage improvements, notice in writing must be given to the landlord, who may then execute the improvements himself and charge the tenant with interest not exceeding 5% per annum on the outlay, or such annual instalments, payable for a period of twenty-five years, and recoverable as rent, as will repay the outlay, with interest at the rate of 3% a year.
Where the rent is in grain, or otherwise payable in produce, it is to be satisfied from the produce of the farm, if there be any.
No refund is payable if the produce was severed before the accident, unless the lessor was entitled to a portion of it, when he must bear his share of the loss, provided the lessee was not in morel as regards the delivery of the lessor's portion.
The principal event of his reign was the rebellion of the thakurs in 1883, owing to an attempt to increase the dues payable in lieu of military service; this led to the permanent location at Bikanir of a British political agent.
Owners of the land in which a mine is located have a prior right to work such mine under imperial firman, on the obtention of which a duty of £T4 is payable; if they do not work it the concession may be granted to others, on payment of a certain compensation to the landowner.
If a mining concession is granted within lands which are private property or which are " real vakuf lands " (arazii-mevkufe-i-sahiha) only one-fifth of the proportional rent is payable to the state, the other four-fifths reverting to the land-owner or the vakufs, as the case may be.
The result was that the national treasury became burdened with a heavy annual interest charge, payable abroad in gold, which did not tend to diminish, and had a long period to run before the expiration of the contracts.
Formerly import duties were payable in currency, but in 1899 it was decided to collect 10% of them in gold to provide the government with specie for its foreign remittances.
The Dutch had the right to make this levy under treaties going back to the treaty of Munster in 1648, and they clung to it still more tenaciously after Belgium separated herself in 1830-1831 from the united kingdom of the Netherlands - the London conference in 1839 fixing the toll payable to Holland at I.
According to Matias Romero (Mexico and the United States, 1898), a new type of indebtedness was inaugurated in 1850, in the shape of an internal debt payable in silver.
The helots were state slaves bound to the soil- adscripti glebae - and assigned to individual Spartiates to till their holdings (icXi pot); their masters could neither emancipate them nor sell them off the land, and they were under an oath not to raise the rent payable yearly in kind by the helots.
The common form of land tenure is the colonia perpetua, by which the landlord grants a lease to the tenant and his heirs for ever, in return for a rent, payable in kind, and fixed at a certain proportion of the produce.
Tithes were generally regarded up to the 17th century as existing jure divino, and as having been payable to the support of the Church ever since the earliest days of Christianity.
Thus they became transferable to laymen and saleable like ordinary property, in spite of the injunctions of the third Lateran Council, and they became payable out of sources of income which were not originally tithable.
The tithes of tithable cattle pasturing in any waste or common ground, whereof the parish is not certainly known, were made payable to the parson of the parish where the cattle dwell by a statute of Edward VI.
Of common right tithes were only payable of such things as yield a yearly increase by the act of God, and generally only once a year.
They were not payable of the following, except by custom: things of the substance of the earth, such as coals, minerals, turf and the like; things ferae naturae, such as fish, deer and the like; things tame, such as fowls, hounds or fish kept for pleasure or curiosity; barren land, until it is converted into arable or meadow land, and has been so for seven years; forest land, if in the hands of the king or his lessee, unless disafforested; a park which is disparked; or glebe land in the hands of the parson or vicar, which was mutually exempted from payment by the one to the other, but not if in the hands of the vicar's lessee.
In money, but fluctuating in value, for all tithes, whether payable under a modus or composition or not, which may have heretofore belonged either to ecclesiastical or lay persons" (Phillimore, Eccles.
C. 93) a gross rent charge can be substituted for a commutation of tithes on common rights at a fixed sum per head; a gross rent charge made payable in respect of the tithes of a gated or stinted pasture rated to the relief of the poor may be apportioned thereupon and enforced in the method prescribed by the other Tithe Acts; a rent charge on commons may be commuted for part of the land or redeemed, if the landowners and persons liable for tithe so agree; and upon enclosure, a rate per head may be converted into a rent charge on the lands allotted.
Personal tithes, if not commuted or otherwise still payable, are regulated by a statute of Edward VI., which (except in the case of fishing and tithes for houses in cities and towns, which may be due by custom) restricted them to such persons exercising merchandises, bargaining and selling clothing, handicraft or other art or faculty in such places as had for forty years previously so used to do.
Personal tithes are now rare, except of fish caught at sea, when they are payable to the church where the taker hears divine service and receives the sacraments.
In some German states and communes certain dues (such as the dog tax in Saxony), death duties and particularly dues payable in respect of public entertainments and police court fines, are assigned to the poorrelief chest.
The workmen contribute at the rate of two-thirds and the employers at the rate of one-third; the sum payable in respect of each worker varying from 11/2-3% of the earnings in the communal sick fund to at most 11/2-4% in the others.
The contributions, affixed to a pension book in stamps, are payable each week, and amount, in English money, to I~45d., 2.34d., 282d., 330d.
The funds for covering the compensation payable in respect of accidents are raised by payments based, in agriculture, on the taxable capital, and in other trades and industries on the earnings of the insured.
In case of injury, involving incapacity for more than, thirteen weeks (for the earlier period the Krankenkassen provide), the weekly sum payable during complete or permanent incapacity is fixed at the ratio of two-thirds of the earnings during the year preceding the accident, and in case of partial disablement, at such a proportion of the earnings as corresponds to the loss through disablement.
Of the net profits, a dividend of 31/2% is first payable to the shareholders, 20% of the remainder is transferred to the reserve until this has reached a total of 3,000,000, and of the remainder again a quarter is apportioned to the shareholders and three-quarters falls to the imperial exchequer.
A proportion of the sums payable in return for concessions of land in municipal cemeteries.
Two categories of rent, fixed and proportional, are payable to the state by mineowners.
Xiv.) mentions cases in which this imperfect compensation led to the extra duty payable upon spirits which were more than ro% over proof being demanded on spirits which were purposely diluted to below 10% over proof in order to avoid the charge.
The question whether any interest is payable or not, and also the amount of such interest, depends on whether the parties to the transaction have expressly or impliedly agreed to the payment of interest by the borrower; for apart from such agreement no interest can lawfully be demanded on a loan.
In later times this custom amounted practically to a system of death-duties, payable in horses and arms or in money to the lord of the deceased.
4d.) per annum and are payable for four years.