hj Loans from Government or Public Companies. 139 
to the gross sum charged upon the inheritance, as that if 2000?. 
were outlaid in improvements, about 2140/. (including all ex- 
penses) would be charged on the lands. 
" VVliere a landowner seeks only to charge the inheritance 
with the authorised outlay from his own funds by Avay of rent- 
charge, tlie commission of the Company is from 2\ to 3 per 
cent., according to the amount outlaid. 
" The evidence required as to right to the benefit of the Acts 
is the production to the Company's solicitor of a certified copy 
of the deed or Avill (or of a sufficient extract therefrom), under 
which the applicant holds the lands to be improved, and should 
that document, for a valid reason, not be forthcoming, the In- 
closure Commissioners Avill accept a statutory declaration as to 
the applicant's interest in the lands to be improved and charged 
with the loan. In all cases the Commissioners will require the 
Company to show that the parties interested as mortgagees in 
the lands to be improved and charged, have been served with a 
notice of the proposed loan. In Scotland, Yorkshire, and 
Middlesex the register of incumbrance must be examined. The 
applicant's own solicitors will be requested, at the option of the 
Company, to serve the notices above mentioned, and these may 
be effected by registered letter through the post-office. 
" The solicitor's fee for investigation of evidence is regulated 
by a per-centage on the loan, viz. 5s. per lOOZ. on loans up to 
the sum of 10,000?., all excesses above 10,000/. at the rate of 
2s. 6rf. per 100/. No fee to be less than 21. 2s., except in the 
case of loans of and under 100/., where the fee will be only 1/. l.y. 
" The rate of rent-charge to repay capital and interest in 
twenty-five years is, at the present time — 
£. s. d. 
" In England and Wales 7 10 per cent, per ann. for loans, or instal- 
ments of loans, under 500Z. 
„ „ 6 14 1 per cent, per ann. for loans, or in.stal- 
ments of loans, above 500?. 
"In Scotland ,= .. 6 14 1 per cent, per ann. for loans, or instal- 
ments of loans. 
" In making application for a loan, or for power to charge on 
the inheritance the cost of numerous improvements to be made 
over a term of years, it is not necessary to furnish detailed plans 
of the whole intended works, but only complete plans, a general 
specification of each class of building and estimates, for those 
buildings to be executed within the following year." 
IV. — The Land Loan and Enfranchisement Company. 
This Company was incorporated by the Act 23 & 24 Vict., cap. 
CLXIX., for the same purposes as the last, the outlay in which 
