and thus endeth the era of Feudalism in Europe 

http://www.timesonline.co.uk/tol/news/politics/article3716443.ece said:Four and a half centuries of feudalism were brought to an end yesterday when the Privy Council approved changes to the laws governing Sark, in the Channel Islands, which will introduce universal suffrage to the island.
The Privy Councils decision enables Sarks judiciary and parliament to be significantly modernised.
Sark, which lies 80 miles off the south coast of England, has been governed by a mix of landowners and elected peoples deputies since it was settled in the 1600s.
The islands parliament, the Chief Pleas, has already approved new laws to introduce a 28-member elected chamber after a recent referendum in which islanders voted for democracy. These proposals were formally approved by the Privy Council.