§ MR. TULLYI beg to ask the Chief Secretary to the Lord Lieutenant of Ireland whether the Congested Districts Board can state what was the total amount of the mortgages and the yearly charge for same on the Dillon estate in Roscommon and Mayo prior to the purchase by that Board; and what were the number of years' purchase of his net income, over and above his incumbrances, that the Board paid to Lord Dillon.
§ MR. WYNDHAMThe hon. Member will find the details of this purchase on page 17 of the Ninth Report of the Congested Districts Board for the year ending 31st March, 1900. Different methods of calculation give different numbers of years purchase, and various 290 interpretations are placed on the term net income. The salient facts are that &290,000 was paid for an estate with a gross nominal rental of &20,370, a mortgage of &40,000 at 4 per cent., annual outgoings for county cess, poor rate, drainage charge, etc., of &2,488, a charge of &997, which expired shortly after the date of purchase, and with arrears of &27,000, excluding the hanging gale.