The Journal of Negro History, Volume 4, 1919Various
History
The Journal of Negro History, Volume 4, 1919
Various
African Americans -- Periodicals
[33] These figures are arrived at by a careful examination of the
various sums paid to Thomas Holder, the treasurer. As it is not always
possible to be sure that the payments were made for stock, too much
dependence cannot be put in the figures, especially when the sum
arrived at by adding the items which appear to be owing the company
for stock in the balance of September 4, 1663, amount to L52,000. This
is of course several thousand pounds more than the sum arrived at by
the former computation, but here again it is not possible to estimate
exactly the money owing the company for stock and for other things.
[34] This number is arrived at by a careful perusal of the first book
kept by the company, number 309. Sometime in 1664 the company
submitted a petition to the king in which it speaks of having sent
over forty ships to the coast during the previous year and of
supplying them with cargoes amounting to more than L160,000. C.O.
(Colonial Office) 1: 17, f. 255, petition of the Royal Adventurers to
(the king, 1664).
[35] C. S. P., Col. (Calendar of State Papers, Colonial, America and
West Indies), 1661-1668, p. 175, warrant to officers of the king's
mint, December 24, 1663. Another evidence of special favor was a grant
made by the king in 1664 giving the Royal Company the sole privilege
of holding lotteries in the king's dominions for three years. The
company does not seem to have used it. C. S. P., Dom. (Calendar of
State Papers, Domestic), 1666-1667, pp. 531, 532, Blanquefort and
Hamilton to the king, February 25, 1667.
[36] In the third subscription the king's share was L5,200; in the
fourth, L2,000. A. C. R., 309, June 25, August 25, 1663. The king's
subscription with that of the queen for L400 seem never to have been
paid, although a warrant was issued to the Lord High Treasurer, June
27, 1663, to pay the amount from the customs receipts.
[37] Upon this date, book number 309 was balanced and the items
carried to another volume, which has been lost. In March, 1664, the
resolutions of the general court and the court of assistants begin in
number 75 of the company's books. While it is fortunate that these
resolutions for the remaining history of this company have been
preserved, they do not furnish adequate information regarding the
company's financial condition at various times.
[38] C. O. 1: 17, f. 255, petition of the Royal Adventurers to (the
king, March, 1664).
[39] A. C. R., 75: 7, 8, orders of the general court, May 10, 20,
1664.
[40] C. S. P., Dom., 1664-1665, p. 7, Robert Lye to Williamson,
September 13, 1664.
[41] A. C. R., 75: 21, 22.
[42] The total of the stock is shown by adding the five subscriptions:
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