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South Sea Company Directors Facing Questionable Authority
The document argues that precedents cited do not authorize the South Sea Company directors to engage in contracts where the company would be a party. It notes several precedents relate only to subscriptions and interest calculations, not to approving bargains or entering contracts, and questions the authority of a late appointment to justify the action.
MENTIONED IN THIS ARTICLE
Sctsth-Ses
Chen
South- Sea Company
S Wth Sei
Adiig
Treasury