In a message dated 12/11/2002 7:17:35 PM Eastern Standard Time,
[log in to unmask] writes:


> > I think that if you check the law, you will find that the rate
> > for town lots was based on the yearly rent value.
>
> Thank you. What I am trying to find out is exactly what the term "yearly
> rent" refers to. I've looked in Hening's Statutes, and cannot find a
> definition, only a column on the form for tax commissioners to fill out.
>
> W. Scott Breckinridge Smith
> Lynchburg, Virga.
> www.wscottsmith.com
>

Scott and anybody,

I think what the correspondent may have been indicating was that the rate of
tax for the property owner was based on a yearly rent standard (as opposed to
acreage)??

Am I correct?

Janet Hunter

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