[Gutenberg 37048] • A Caution to the Directors of the East-India Company / With Regard to Their Making the Midsummer Dividend of Five Per Cent. Without Due Attention to a Late Act of Parliament, and a By-law of Their Own

[Gutenberg 37048] • A Caution to the Directors of the East-India Company / With Regard to Their Making the Midsummer Dividend of Five Per Cent. Without Due Attention to a Late Act of Parliament, and a By-law of Their Own
Authors
Anonymous
Publisher
Createspace Independent Publishing Platform
Tags
east india company -- early works to 1800
ISBN
9781505917000
Date
2015-12-03T00:00:00+00:00
Size
0.05 MB
Lang
en
Downloaded: 33 times

[...]restrain the dividing according to that resolution at Christmas next, the interval of restraint would have gone beyond the 5th of January-as that clause, which restrains the present dividend, the manifest object of the parliament, stopt short of the 5th of July, and would not have stopt, as it has done, at the beginning of the next session of parliament. The preamble of the act professes nothing for its object, but "to secure as well the permanent interest of the company, as the state of credit both private and public, from the mischiefs which must ensue, from an improper, [...].