On 08/11/2010 08:02, Jose wrote: > I have noticed that most boats have a total of 64 shares. Does anyone know why 64? ** This seems to be a standard through the country, as I noticed the same in Dundee. It is just a standard that has developed, just as we used to have 20 shillings in a pound, or 240 old pennies in the pound. Gordon.
For the purposes of registration, a ship is divided into 64 shares; most maritime nations (the United States being an exception) follow this custom, which is variously attributed, for example, to the fact that ships traditionally had 64 ribs or the fact that under Queen Victoria ship owners were taxed 36% and left with the remaining 64%. If you go to this site, everything is explained in Factsheet No. 25 http://www.lr.org/Images/25%2064%20Shares_tcm155-173538.pdf Janet > On 08/11/2010 08:02, Jose wrote: >> I have noticed that most boats have a total of 64 shares. Does anyone >> know why 64? > ** This seems to be a standard through the country, as I noticed the > same in Dundee. It is just a standard that has developed, just as we > used to have 20 shillings in a pound, or 240 old pennies in the pound. > Gordon. > > > ------------------------------- > To unsubscribe from the list, please send an email to > DUMFRIES-GALLOWAY-request@rootsweb.com with the word 'unsubscribe' without > the quotes in the subject and the body of the message >