Geekery alert!

[lumineaux]

The Concession and Agreement of the Lords Proprietors of the Province of New Caesarea, or New Jersey, to and With All and Every the Adventurers and All Such as Shall Settle or Plant There - 1664.
http://www.yale.edu/lawweb/avalon/states/nj02.htm


The Duke of York's Release to John Lord Berkeley, and Sir George Carteret, 24th of June, 1664
http://www.yale.edu/lawweb/avalon/states/nj01.htm 

 

Comments

[delabarre.livejournal.com]

One peppercorn per year? ;-)

[lumineaux.livejournal.com]

The traditional measure of nominal consideration. Essentially the same as saying that you're selling something to someone for a penny (or, these days, maybt $1), so that it's a "sale" not a gift.