It possesses many edifices, public and private, which are handsome or elegant, but it has almost nothing to which the memory reverts as a masterpiece of architectural art.
The granter retains an interest in the land similar to that of the donor of an estate for life, to whom the land reverts after the life estate is ended.
It came into force on the 13th of July 1907, and produced during the remainder of the financial year U544,987; 2 5% of this revenue is ceded to the public debt; the remainder reverts to the government.
In its modern usage it is practically confined to the money endowment given to the younger children of reigning or mediatized houses in Germany and Austria, which reverts to the state or to the head of the family on the extinction of the line of the original grantee.
But in this case the presentation reverts to the patron and not to the crown.