#OTD in 1759 – Arthur Guinness signs a 9,000 year lease at £45 per annum and starts brewing Guinness.

Arthur Guinness is left £100 (about $147 US dollars) in the will of Archbishop Price. He uses the money and signs a 9,000-year lease on an unused brewery at St. James’s Gate, Dublin. It costs him an initial £100 with an annual rent of £45 – this includes crucial water rights. The brewery covers four acres and consists of a copper, a kieve, a mill, two malthouses, stabling for 12 horses and a loft to hold 200 tons of hay. Arthur begins brewing porter and ale.

Photo credit: © Ian C. Whitworth Photography

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