East-India Company Debts Acknowledged In Copenhagen April 1728
Directors of the East-India Company of Denmark declare debts not exceeding 160000 Rixdollars in specie while Holmstedt and Dehsdorff certify the same. Subscriptions open up to 2250, with opposition from trade powers. The company cites Tranquebar assets and annual income of 10000 crowns to justify its position.