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South Sea Company Resolutions on Public Credit Settlements
The committee proposes measures to reestablish public credit, settle property interests in the South Sea Company, end disputes with Redeemable Funds proprietors, and adjust stock and annuities. It calls for reducing the capital by two million, equalizing irredeemables, and distributing remaining South Sea stock among proprietors in proportion to their interests. It also outlines taxation of new subscriptions and adjustments to annual funds and dividends.
MENTIONED IN THIS ARTICLE
South-Seg Company
South-Ses Company
South-Sea Company
Southe Sea Company