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VALUATION OF PROPERTY

(CORPOREAL AND INCORPOREAL).

BY

CHARLES E. CURTIS, F.S.I., F.S.S.

PROFESSOR OF FOREST ECONOMY, FIELD ENGINEERING, AND GENERAL
ESTATE MANAGEMENT AT THE COLLEGE OF AGRICULTURE, DOWNTON,
SALISBURY; MEMBER OF THE AMERICAN ACADEMY OF POLITICAL
AND SOCIAL SCIENCE; CONSULTING FORESTER TO THE RIGHT
HONOURABLE LORD O'NEILL, SHANES CASTLE, ANTRIM,
IRELAND; AUTHOR OF ESTATE MANAGEMENT," 3rd

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Edition (Field Office); "PRACTICAL FORESTRY"
(Office of Land Agents' Record), "PRINCIPLES OF
FORESTRY" (R. A. Society's Journal),
&c., &c.

66

LONDON:

HORACE COX,

"THE FIELD" OFFICE, BREAM'S BUILDINGS, E.C.

1891.

LONDON:

PRINTED BY HORACE COX, BREAM'S BUILDINGS, E.C.

THE FOLLOWING CHAPTERS EMBODY A COURSE OF LECTURES

DELIVERED BY THE AUTHOR AT THE COLLEGE OF

AGRICULTURE, AND ARE THEREFORE DEDICATED

WITH ESTEEM AND RESPECT TO

PROFESSOR JOHN WRIGHTSON,

President of the College.

PREFACE.

As the following chapters represent a course of lectures delivered to students at the College of Agriculture during the winter term of last year, it will be clearly understood that they are addressed to those who have yet much to learn, and not to men of ripe experience. No attempt has been made to render the subject complete, because the province of a lecturer is to set forth principles and rules rather than to confer that amount of detailed knowledge which his students will require in future years. The various subjects comprised in that somewhat ambiguous term "Estate Management" are laid before them, the principles and rules are explained, and after-experience effects the rest.

The general public is really very ignorant of what is taught at an Agricultural College, and perhaps the term itself is to some extent accountable for this ignorance; for, after all, agriculture forms only one subject out of many equally important. All the subjects which directly or indirectly affect the management of landed estates are taught, and if a student attends the whole course and applies himself to work he will find when he leaves that he has acquired a groundwork of knowledge of immense value to him.

If the following chapters are read, and it is remembered

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