E106/5/5/1A

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[Page] 1A
E106/5/5

SCHEME OF ALLOCATION between and among the Trustees
of HIS GRACE THE DUKE OF FIFE, K.G., [Knight of the Garter] K.T., [Knight of the Thistle] and pur-
chasers from him, or their Successors, of the old Valued
Rent of the portions of the Fife Estates lying in the Parish
of Marnock and County of Banff, so far as unallocated.

The lands of Elrick now belong wholly to the Trustees of Colonel John
Gordon Smith of Delnabo, and the lands of Knockorth belong to the Trustees
of Alexander Chalmers of Clunie. The respective valued rents of these lands
are therefore allocated on them, and the remaining sums are allocated below in
the same proportions as the Stipend formerly payable by His Grace previous
to the commencement of the land sales was allocated in the Scheme of
Locality prepared in 1900. An allocation made on the immediate basis of
the real rents would no doubt be more strictly in accordance with principle,
but in many cases the amounts of the real rents at the dates of the sales are
not readily ascertainable. And, as the allocation of the Stipend was made
on the basis of the real rent, it follows that the present one also proceeds
on that basis though not directly.

Transcriber's notes

Annotations in green ink have not been transcribed.