Records of The Equivalent Company 2 May 1701 - 1851

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Records of The Equivalent Company 2 May 1701 - 1851

8,426 articles

eng,

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SNAC Resource ID: 6282813

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The Equivalent Company, company of debenture holders, 1721-1851

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Article fifteen of the Treaty of the Act of Union of 1707 stipulated that Scotland would be paid a lump sum of £398,085 10s - known as the Equivalent - which was to compensate Scotland for taking on a share in England’s national debt. This sum was also to be used to cover, among other items, losses ‘privat persons may sustain by reducing the coin of Scotland to the standard and value of the coin of England’ and to repay dividends on stock held in the Company of Scotland Trading to A...

Company of Scotland Trading to Africa and the Indies

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The Company of Scotland Trading to Africa and the Indies was created by an Act of the Scottish Parliament in Jun 1695. Under this act the Company was granted exclusive privilege of trade between Scotland and America, and perpetual monopoly of trade with Asia and Africa. It was authorised to arm and equip its ships as it saw fit, and was allowed to plant colonies in localities in Asia, Africa and America with no prior European settlement. In addition, the Company was exempt from all ...

The Equivalent Company, 1721-1851

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The Royal Bank of Scotland

http://n2t.net/ark:/99166/w6vn9b4g (corporateBody)