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History of Flatbush, continued
the Legislature of this State passed an Act, entitled "An Act for the collection and commutation of Quit Rents." By this act it is provided that it shall and may be lawful to, and for every person and persons, being citizens of the United States, who is, or shall be seized of any lands, or tenements, in this State, charged with an annual quit rent, to commute for the same, by paying fourteen shillings for every shilling, of such annual quit rent, at any time on or before the first day of May, 1787, in any public securities receivable in payment on sales of confiscated estates, or in any other securities or certificates, issued or to be issued by the Treasurer of this State, and at the same rate, such securities and certificates are receivable in payment for confiscated estates, to the Treasurer of this State, for the time being, for the use of the people of this State: and the said Treasurer shall, upon such payment, give the person making such payment a receipt or certificate, expressing the sum paid, the annual quit rent in lieu of which the same is paid, and the land on which the said annual quit rent was charged or reserved, and shall enter the same receipt in a book, by him to be kept for that purpose, which receipt or certificate, or the entry thereof, shall be a good discharge of such quit rent forever.
In compliance with the provisions of the Act above recited, the inhabitants of the town of Flatbush purchased public securities, to the amount of £162. 9. 0. which amount they paid to Gerard Bancker, the Treasurer of the State, on the 18th, day of December, 1786, and upon the payment thereof obtained from him the following receipt, or certificate. Patent granted to the inhabitants of Flatbush, in Kings County, dated 12th November, 1685, Quit Rent, eighteen bushels wheat per annum.
Received, 18th, December, 1786, from Philip Nagle, of Flatbush, Public Securities, which with the interest allowed thereon, amount to one hundred and sixty two pounds, nine shillings, in full, for arrears of Quit Rent, and commutation, for the future quit rents that would have arisen on the above described Patent. GERARD BANCKER, Treasurer."
£162 9 00. The town of Flatbush upon the payment of the abovementioned sum of money, for arrears of quit rent, and commutation of future quit rents became exhonerated from all further exactions on the score of such rents. But to return from this digression, to the regular history of the town of Midwout, which was brought down to the time in which Governor Dongan administered the Colonial Government. The woodlands still remained in common and undivided, because the farms previously allotted, had all along furnished timber sufficient for building, fuel and other needful purposes. But as these resources began gradually to diminish, it became necessary |
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