HC Deb 22 March 1837 vol 37 c701
Mr. C. Russell

, in moving the third reading of the Great Western Railway Bill, begged to state, in order to correct any erroneous impression, that the Paddington estate was vested in trustees for the benefit of the representatives of the lessees and of the see of London, one-third part only of the clear annual rent going to the see. There was a mortgage on the estate of about 23,000l., and the whole of the money to be received from the Great Western Railroad Company would be applied to the paying off this mortgage, and to making compensation to certain tenants whose premises would be taken from them. Not one shilling of this money would find its way into the hands either of the lessees or the bishop, who would derive no other benefit than an improved annual rent after the expiration of a certain term of years. He should have made this statement yesterday if he had not supposed that the circumstances had been sufficiently explained by the hon. Member for Lambeth.

Bill read a third time.

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