Letters patent of William and Mary prescribing regulations for the conduct of the business of the Governor and Company of Merchants of London, trading into the East-Indies Charter 28 Sep 1694.

Format:

Book

Contributor:

British Library, owner.

Language:

English

Subjects (All):

Mary II, Queen of England, 1662-1694.

Mary.

William III, King of England, 1650-1702.

William.

East India Company--History--Sources.

East India Company.

Letters patent--England--Early works to 1800.

Letters patent.

Genre:

Charters and articles of incorporation

Physical Description:

1 online resource.

Production:

[Place of production not identified] : [producer not identified], 1694.

Notes:

AMDigital Reference: IOR/A/1/49

Dated '6 William and Mary'. In the 1680s merchants excluded by the Company' s monopoly from trading to the east were becoming increasingly dissatisfied. Several formed themselves into an association popularly known as the 'new company' and in 1691 both companies presented their cases to Parliament. In an effort to reach a compromise, Parliament resolved to increase the capital of the 'old company' but to limit the amount of stock that could be held by any individual member. Shortly afterwards the old company inadvertently failed to pay a tax that had been imposed on joint-stock companies and thereby forfeited its charter. This charter supplements IOR/A/1/46 and stipulates that the Company's capital is doubled but that the amount able to be held by an individual is limited to £10,000. See also the other supplementary charter in IOR/A/1/48.This document is physically bound within IOR/A/1/23 (together with IOR/A/1/40, 47, 50, 51 and 57 and copies of IOR/A/1/48 and 59). A copy can be found in IOR/A/1/20A.

Title from publisher's website.

Description based on publisher metadata (viewed March 5, 2025).