Dead Rent

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..... a mining lease in addition to a royalty, so called because it is payable whether the mine is being worked or not. Black's Law Dictionary, 5th Edition, at page 359: Dead Rent--In English Law, a .....

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..... the heading "Rent", When a mine, quarry, brick-works, or similar property is leased, the lessor usually reserves not only a fixed yearly rent but also a royalty or galeage rent, consistin .....

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