The City of London pays rent to the Crown for two pieces of land, even though it no longer knows their exact locations!
For the first piece of land, somewhere in Shropshire, the City pays two knives, one blunt and one sharp.
For the second piece of land, 6 giant horseshoes and 61 nails are handed over.
The Remembrancer wears his or her judicial wig under a black tricorn hat, the mark of a judge of the Court of Exchequer.
He or she sits at a table covered in a chequered cloth, from which the Court of Exchequer gets its name.
The first quit rent due is for land known as ‘The Moors’, somewhere to the south of Bridgnorth in Shropshire.
After ‘payment’ is received, the shoes and nails are then loaned back to the City of London for the next year!). »
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