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Newspaper
Evening Post
Location
London, Middlesex, United Kingdom
Date
Sep 29, 1720
Page
3
Reports describe diplomatic dispatches from Denmark and Switzerland, with court announcements about jubilees abroad and preparations for royal rejoicings. London notes detail export of ships equipment and a general court for the South Sea Company approving bond circulation, bank subsidies, and stock-based settlements.
A General Court outlines subscription adjustments and dividend rights for the year 1720. Proprie tors to receive a 10 percent stock addition and the Long Annuities with due payments detailed. The 3rd subscription cut to 60 per cent, with 30 per cent payable in three installments and 46 per cent in July, plus revised per cent rates and new payment schedules through Sept 1721. Bank provisions, bonds accepted as payment, and back notes issued at 5 percent interest.
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