La imposición de un censo sobre el ingenio de Argual y otras propiedades de Miguel Monteverde, en 1560, a favor de su hermano Juan Monteverde encubría una operación de préstamo, lo que demuestra tanto la necesidad de liquidez de algunos grandes propietarios como el dinamismo socioeconómico de gran parte de los regidores del cabildo palmero
Issuing a censo (which has some similarity to a mortgage but is attached permanently to a property so that the owner of the property has to pay an annual sum in perpetutity) on the sugar mill of Argual and on other properties of Miguel Monteverde in 1560, in favour of his brother Juan Monteverde, was really a loan operation, which shows that there was a need for liquidity among certain major landowners, as well as the socioeconomic dynamism of most of the ruling officials of the Cabildo of La Palma
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