| Notes: | IOR/A/1: Charters of the East India Company with related documents: the 'parchment records' (1600-1947). These consist of legal and other formal documents relating mainly to the rights and privileges of the East India Company (1600-1858). Many are records of key evidential value, being proof of the rights and privileges accorded to the Company by the monarch or by his or her ministers.;In the 1680s merchants excluded by the Company's monopoly from trading to the east were becoming increasingly dissatisfied. Several formed themselves into an association popularly known as the 'new company' and in 1691 both companies presented their cases to Parliament. In an effort to reach a compromise, Parliament resolved to increase the capital of the 'old company' but to limit the amount of stock that could be held by any individual member. Shortly afterwards the old company inadvertently failed to pay a tax that had been imposed on joint-stock companies and thereby forfeited its charter. This charter supplements IOR/A/1/46 and stipulates that the Company's capital is doubled but that the amount able to be held by an individual is limited to £10,000. See also the other supplementary charter in IOR/A/1/49.Copies of this document can be found in IOR/A/1/20A and IOR/A/1/23.
AMDigital Reference: IOR/A/1/48.
Reproduction of: Letters Patent of William and Mary to the Governor and Company of Merchants of London, trading into the East-Indies, confirming and renewing privileges 11 Nov 1693.
The British Library
Description based on online resource (viewed on July 5, 2019).
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