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History of merchant shipping and ancient commerce, Volume 2 (of 4)

Note 362 — Chapter XIII

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£

By this important instrument the Old Company, in addition to their subscription of 315,000

Agreed to purchase stock at par from the New Company to the amount of 673,500

Making their joint-stock 998,500

Being equivalent to the remaining New Company’s stock 998,500

Which, with the stock of the separate traders 23,000

Constituted the total united capital of 2,000,000

See further details in ‘Charters of East India Company from 1601,’ etc. Lon., 4to., 1774.

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