Once upon a time – many moons ago, a spirited Adonis dreamed of a wonderfully rich life built on a freehold future which, although not quite equal to the perceived paradise of the King, would at least be a first step towards climbing the golden staircase.
So the confident youth bounded up to the King in the Royal Counting House and said: “Please your most gracious Majesty, will you lease me some Crown LAND. I will take good care of it. I will religiously tend it – as if it were my own. I promise, here before you, to keep my end of the bargain; and I will regularly pay my committed tithes to you. In return for my good endeavours, will you then, (one day) cancel this binding commercially instituted Perpetual Lease Agreement which we have today, both freely entered into, and grant to me – the FREEHOLD property rights as freehold rights are inherently understood since 1215 to be?”
The King flourished an endangered species in the form of a feathered quill into the air; then as he plunged its sharpened point into ink-well in preparation for writing his bold and well-spaced signature, he replied: “by the Power vested in me and through the Grace of Almighty God, the freehold DEED for this Perpetual Lease my good Man is as good as SIGNED. I reserve however, to keep all silver and gold; but all the corporeal and incorporeal hereditaments will be Conveyed without any other reservation to you absolutely and unconditionally for the use, benefit and enjoyment of your heirs and successors-in-entitlement, for all time”. Gentle Puck was pleased and he skipped and executed bouncy little pirouettes as he joyously left through the Palace Gates.