Sentence Examples with the word ANNUAL INCOME

Within ten years she had created 17 counts, 46 barons and 428 lesser nobles; and, to provide these new peers with adequate appanages, she had sold or mortgaged crown property representing an annual income of 1,200,000 rix-dollars.

And at the same time there had been suppressed 11,889 chapters and benefices of the secular clergy, which yielded an annual income of 109,149.

The senate is composed of members of three classes: (I) members by right of birth or officeprinces, nobles who possess an annual income of 60,000 pesetas (L2,400), and hold the rank of grandee (grande), a dignity conferred by the king either for life or as an hereditary honor, captains-general of the army, admirals of the navy, the patriarch of the Indies, archbishops, cardinals, the presidents of the council of state or of the Supreme Court, and other high officials, all of whom must have retained their appointments for two years; (2) members nominated by the sovereign for life; and (3) members elected three each by the 49 provinces of the kingdom, and the remainder by academies, universities, dioceses and state corporations.

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In addition to an initial endowment by the state, part of the annual income of the fund is furnished in various forms by the state (principally by making over a proportion of the profits of the Post Office Savings Bank), and part by the premiums of the workmen.