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He succeeded to the heavily mortgaged estates of his father in 1652.
Families mortgaged estates to buy bulbs to sell to someone who would surely pay more.
The money raised from the eventual sale of his heavily mortgaged estates was insufficient to fully repay these debts.
He was also skilled in finance and administration redeeming several mortgaged estates and castles for the diocese.
On 11 August 1854 he passed the Real Estate Charges Act, according to which mortgaged estates descend with and bear their own burdens.
In 1788, Major Cartwight sold his heavily mortgaged estates at Marnham, buying others at Brothertoft, Lincolnshire.
Frances was given away in marriage by her grandfather Lord Dudley in order for him to be able to redeem the heavily mortgaged estates around Dudley, whose mineral resources were the foundation of the family's great wealth.
So strong is the power of this story that it catches us all over again when, for example, we see Robin toss down the bag of gold to buy back the mortgaged estates of good Sir Richard of the Lea.
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