This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1898 Excerpt: ...of the Company, under Pretence of keeping up the Nominal Value of the said Stock, was a scandalous Practice, tending to enrich themselves, to the great Lois and Detriment of the Company, and of others his Majestys Subjects, for which they ought to nuke Satis, faction out of their own Estates. 5. That the declaring a ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1898 Excerpt: ...of the Company, under Pretence of keeping up the Nominal Value of the said Stock, was a scandalous Practice, tending to enrich themselves, to the great Lois and Detriment of the Company, and of others his Majestys Subjects, for which they ought to nuke Satis, faction out of their own Estates. 5. That the declaring a Dev'dcnd of Thirty per Cent sap Christmas last, and not less then Fifty per Cent, per Ann. for not less then Twelve Years after, atas an Infamous Contrivance to give Hs Majesty's Subjects false Notipns of the Value of the said Stock that the late Directors might more easily dispose of their own stock at exorbitant Prices. rf+ That the settling the Stock of the South-Sea Com pany to Sale by Subscriptions at high Prices above the Intrinsick Value of the lame, by the fate Sub-Governor, Dcputy-Governor, and Diiectors of the said Company, was a gross and notorious Fraud, and has been one great Cause of the sinking of the Publick Credit, and bringing upon the Nation the Distress it at present labours under. 7. That the advising the late Sub-Governor, DeputyGovernor, and Directors cf the South-Sea. Company, - set the Stock of the said Company to sale by Subscript ttons at high and extravagant Prices, or to declare the high and extravagant Dividends for Christmas fast, the Twelve Years atrer, by any Persons in the Administration, was a notorious Breach of the Trust reposed in them to the Prejudice ot His Majesty's Governmcnr, and the Interest of this Kingdom. Then the further Consideration of the laid Report was adjaurn'd to the Tuesday following, when, after fe me time spent therein, the Commons came to the further unanimous Resolutions ihac follow, thr. 8. That the Eatry in the Casti-Book of the SouthSea Company ot Five Hundred Seventy Four Thous...
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