Jump to ContentJump to Main Navigation
The New RiverA Legal History$
Users without a subscription are not able to see the full content.

Bernard Rudden

Print publication date: 1985

Print ISBN-13: 9780198254973

Published to Oxford Scholarship Online: March 2012

DOI: 10.1093/acprof:oso/9780198254973.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy).date: 17 December 2017

The Crown Clog 1631–1956

The Crown Clog 1631–1956

Chapter:
(p.191) Chapter 9 The Crown Clog 1631–1956
Source:
The New River
Author(s):

BERNARD RUDDEN

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198254973.003.0009

This chapter talks about the Crown Clog — the payment made to the crown in return for its original investment in the enterprise. Certain features of this arrangement are emphasized here. That Sir Hugh was the alter ego of the Company. Nonetheless, the royal moiety was conveyed to Sir Hugh in fee and not to the Company and he assumed the obligation to pay the rent in perpetuity. Further, although his covenant to do so was given in consideration of the moiety, it was not expressly secured by any charge thereof or by any right of entry and perception of profits. When the annual payment became known as the Crown (or King's) Clog could not be ascertained — although, the royal entitlement was soon to be treated as secured by some kind of burden. Bearing this in mind, it seems best to treat of the subsequent history by distinguishing benefit and burden.

Keywords:   Crown Clog, enterprise, alter ego, royal moiety, royal entitlement

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .