PRACTICAL REMARKS ON THE PRINCIPLES OF Valuation FOR PURPOSES OF RATING, AS APPLIED TO LAND, MINES, BUILDINGS, MANUFACTORIES, SEVENTH EDITION. BY ALEX. GLEN, M.A., LL.B., Cantab., BARRISTER-AT-LAW, OF THE MIDLAND CIRCUIT. London : KNIGHT & CO., 90 FLEET STREET. 1884. 23224.e.l 13 DE C84 OXFORD At the end of this Volume will be found A LIST OF BOOKS AND FORMS FOR THE USE OF ASSESSMENT COMMITTEES. LONDON: KNIGHT AND CO., Publishers of the Books and Forms Authorized by the Local Government Board. PREFACE. THE subject of this Work is the mode of ascertaining the annual value of various kinds of rateable property to the persons to whom such property belongs. The general rule, according to which an estimate of this value can be made, was placed in the statute book in the year 1836, and is still to be followed by the authorities whose duty it is to settle the valuation lists of the several parishes of England and Wales. Exceptions to the general rule are made by various statutes in favour of certain properties and classes of property, but with these exceptions the present work does not deal. The Sixth Edition was edited some years ago by the late Mr. J. T. Kershaw, and Mr. Wm. Marshall, and has been out of print for a long time. In re-editing the work at the request of the publishers, I have followed the method described by the former of the above-mentioned gentlemen in his preface to the fifth edition as "tracing the subject from its simplest, through its more complicated, up to its more intricate conditions, in a natural and methodical sequence; commencing, for example, with a consideration of the principles which determine the gross and rateable values of unenclosed land, which may be taken to represent real property in the simplest form; thence, progressing by regular stages, to those which determine the same values of general tenements, houses, and land; and finally, of the property of gas, water, railway, and other public companies." The subject of the valuation of the tithe rent-charge, an incorporeal hereditament, I have placed at the end. I have divided the text into chapters, and in an Appendix have set out and annotated the statutes which regulate the making of the valuation lists, and the procedure to be adopted by those who are dissatisfied with the valuations. The Index is the work of my friend, Mr. W. E. Gordon, M.A., Oxon., Barrister-at-law, of the South-Eastern Circuit, who has also assisted me in taking the work through the press. 3, ELM COURT, TEMPLE. August, 1884. ALEX. GLEN. |