PUR 



real value of landed property in the diftrlft where the pur- 

 chafe may be fituated or met with. 



It has been obferved by Mr. Marfliall, that there are 

 two methods of making bargains of this kind, the one by 

 public biddings, the other by private treaty or contraft : 

 in either of which, a certain degree of caution is common 

 prudence. In the former, however, the conditions being 

 fixed, an accurate valuation is the bell fafeguard ; and, in 

 the latter, among honeft men little more is required. 



In purchafing by private contraft, the particulars which 

 may be previoufly required to be furnifhcd by the feller, 

 are the quantities of the feveral pieces of the lands which 

 are on fale, together with the maps, or rough drafts, of 

 the fame ; the tenure under which tiiey are held ; fome 

 affurance as to the title of the feller ; and his right of aliena- 

 tion ; the tenancy under which the feveral farms are let ; 

 and, if on lives, the ages of the nominees ; if for a term 

 of years, the number which are unexpired ; if at will, the 

 notices with which the tenants have been ferved, if any 

 have been given. 



An abllraft of the covenants under which they are let ; 

 particularly of thofe which relate to taxes and repairs, to 

 the expenditure of produce, to the ploughing of grafs- 

 lands, &c. &c. 



The exifting rents and profits receiveable ; whether for 

 tenanted lands, appurtenances, or abftraft rights ; with the 

 eilimated value of the demefne, and the woodlands in hand ; 

 together with the eftimatcd value of the timber growing 

 upori the eftate on fale ; as well as of the minerals and 

 foflils which it may contain. 



The outgoings to which tlie eftate is hable ; the pro- 

 pofed time of the delivery of pofl'effion ; the price and 

 the mode of payment which are expefted. 



And next, it will be proper to fet down the particulars 

 of the inftruAions to be given to a furveyor, or other 

 valuer, of the eftate to be purchafed. It will be right, 

 however, to premife, that much, in this refpeA, depends 

 on the probability of purchafing ; and on the time which 

 is allowed for making the eftimate. In eafes of fale by 

 public auftion, when there can be no certainty as to pur- 

 chafe, and where the time for valuation is limited, a rough 

 eftimate of each farm, and a general idea of the value of 

 the timber and other appurtenances, may be all that can be 

 prudently afcertained. But in a fale by private contract, 

 where the refufai of an eftate is granted, and time allowed 

 for deliberate lurvey, a more minute inveftigation may be 

 proper ; efpecially where there is every reafon to believe 

 that a bargain will take place. For the fame report will 

 not only ferve as a guide to the purchafe, but will become 

 a valuable foundation, on which to ground J:he future ma- 

 nagement of the eftate. And for thefe and other reafons, 

 a purchafe by private contract is moft to be defired by one 

 who is not in the habit of perfonally attending public fales, 

 and is unacquainted with the bufinefs of an auftion room. 



It may be noticed, that the particulars to be required 

 from a furveyor, or furveyors, in thefe cafes, are principally 

 thefe : the rental value of each field or parcel of land, with 

 the ftate in which it lies, as to arable, meadow, pafture, 

 or woodland : the value of the timber and other appur- 

 tenances : the charafteriftic, and the ftate of management 

 of each farm or tenement, with the ehgibility of the occu- 

 pier ; together with the ftate of repair of buildings, gates, 

 fences, water-courfes, and roads, the amount of the en- 

 cumbrances and outgoings. And, laftly, the probable 

 value of the improvements of which the eftate may appear 

 to be capable ; whether by the feveral means that are com- 

 monly praftifed, or by new regulations and improved modes 



II 



PUR 



of agricultural management, that may admit of being 

 introduced. 



It IS added, that thefe feveral particulars of information 

 being procured, the fubjefts of treaty are few. The two 

 ftatements having being duly compared, fo that no mif- 

 underftandiiig can take place between the parties, the price, 

 and the times and mode of payment, are the principal mat- 

 ters of agreement. A clear underftanding refpedting the 

 cuftody of title deeds and the expences of conveyance, re- 

 quire, however, to be enumerated among the preliminarici 

 of puixhafe. 



In thefe tranfaftions, it is alfo fuppofed, the bufinefs of 

 negociation is beft carried on by letter* ; which become 

 vouchers of fafts. Whatever is done by interview, requires 

 to be reduced to writing, and to be read by or to the par- 

 ties before they feparate, that no poffibility of mifcon- 

 ception may arife. And, added to thefe precautions, it is 

 proper in large purchafes, and when abftrafts of intricate 

 title deeds are to be made out, and examined, that a legal 

 contraft or memorandum of agreement fhould be entered 

 into, for the mutual fatisfadlion and furety of the parties. 

 This contraft and the deed of conveyance, whicli is the in- 

 ftrument which is legally to transfer the property from the 

 feller to the purchaier, may be faid to conclude and ratify 

 the bufinefs of purchafe. And in this part of it, legal 

 afllftance is eflentially neceftary ; to examine exifting deeds, 

 and fee that the feller has a legal right and clear title to tiic- 

 land, and a legal power to difpofe of it ; as well as to draw 

 up or examine the frefh deed of conveyance, and fee that 

 it is fufficient to transfer the property legally and adequately 

 to the purchafer. 



PURCHENA, in Geography, a town of Spain, in the 

 province of Grenada ; 60 miles E. of Grenada. N. lat. 

 37^ 19'. W. long. 2^30'. 



PU RE, fometliing free from any admixture of foreign or 

 heterogenous matters. 



Pure Fire. See Fire. 



YvTM. Hyperbola, in Conks, is an hyperbola without any 

 oval, node, fpike, or conjugate point. See Curve. 



Pure Mathematics . See Mathematics. 



Pure Propofition. See Proposition. 



Pure Qiiadratics. See Quadratic. 



Pure Reftgnatlons. See RESIGNATION'. 



Pure Villenage. See Villenage. 



PUREA, or Purax, in Geography, a town of Chili ; 

 80 miles S.S.E. of La Conception. 



PUREEWAR, a town of Hindooftan, in Oude ; 10 

 miles N. of Bahraitch. 



PUREG, anciently Pura, once the capital of Gedrofia 

 (Mekran), and termination of the toilfome march of Alex- 

 ander towards the frontiers of Caramania, is now a mean 

 village. 



PURENDERA, in Mythology, a name of Indra, the 

 Hindoo regent of the firmament. (See Indra.) The 

 word is faid to mean dejlroyer of towns, the Indian Jupi- 

 ter having, in revenge for facrificial flights or negligences, 

 frequently, according to the Hindoo books, aflumed that 

 charafter. The ancient city of Ougein, the capital of 

 Malwa, was, according to tradition, deftroyed by Indra. 

 Sec Ougein. 



PURESIL, in Geography, a town of Hindooftan, in the 

 ciiH;ar of Cicacole; 40 miles N.W. of Vizniagram. 



PURETTA, a name given by fome writers to the com- 

 mon lliining black fand, ufed to ftrew over writing, and er- 

 roneoufly called by lome Jleel-dujl. 



It is a natural mineral fubftance, found on the fhores near 

 Genoa, and in other places. 



PURFLED, 



