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Proposals for South Sea Company Capital Reformation
London April 26 1732 the South Sea Company Court approves a plan to divide capital into three parts annuities and one part trading stock with the annuities funded from the company. Provisions cover governance, voting, debt settlement and future obligations, and a bill to Parliament will be prepared for approval.
MENTIONED IN THIS ARTICLE
South Sea Company
Heads
Nt ekelSiaing
South Sea
Court of Directors