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King Enters Royal Stock Deal With Company In 18th Century
The Historical Register describes King’s transfer of fifty million shares to the Company with a nine hundred million payment plan over ten years, plus annuities of two million yearly. Provisions limit advances until funds are secured, and the King’s action triggers stock price declines as major subscribers sell. The piece notes delays, a declaration against early redemptions, and a market shift leaving many aspirants disappointed.
MENTIONED IN THIS ARTICLE
the India Company
Zam
Sam