Declared Accounts
Debentures

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Institute of Historical Research

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William A. Shaw and F. H. Slingsby (editors)

Year published

1957

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'Declared Accounts: Debentures', Calendar of Treasury Books, Volume 29: 1714-1715 (1957), pp. CDXXVII-CDXXVIII. URL: http://www.british-history.ac.uk/report.aspx?compid=86455 Date accessed: 23 August 2014.


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Debentures

DECLARED ACCOUNTS: SALE OF NAVY AND ORDNANCE DEBENTURES SUBSCRIBED INTO SOUTH SEA COMPANY'S STOCK.
PIPE OFFICE: ROLL 1272 [E.351/1272].
Sir James Bateman, Sir Theodore Jansen, Samuel Shepheard, Sir Harcourt Master, John Blunt, Richard Houlditch and Jacob Sawbridge, Trustees for the Sale of South Sea Stock.
15 September 1714 to 26 April 1716.
Charge. £ s. d.
Arrears: none, this being the first and only Accompt nil
value of Capital Stock of the South Sea Company transferred to the Accomptants by the several Treasurers and Paymasters:
by Thomas Moore, late Paymaster of the Land Forces abroad 8,940 8 9
by Charles Eversfield, late Treasurer of the Ordnance 68,335 9 0
by John Howe, late Paymaster General of the Guards and Garrisons 103,427 16 11
by Charles Cæsar, late Treasurer of the Navy 680,000 0 0
by Sir Roger Mostyn, late Paymaster of the six Marine Regiments 25,000 0 0
total charge and receipts £885,703 14 8
Discharge. £ s. d. £ s. d.
Allowances for prompt payment and for interest:
allowance of 20s. per 100l. for prompt payment of the first tenth of the purchase money, before 20 Sept. 1714 8,857 0 8
allowance of 5s. per cent. per an. for prompt payment 7,352 14 2
interest allowed the Bank of England for money advanced on the credit of the said subscriptions 12,683 16 10
28,893 11 8
money paid into the Exchequer, detailed by dates 852,713 6 9
allowance to the Accomptants for their charges etc. 4,227 12
total payments and allowances £885,834 10
and so the Accomptants are in Surplusage 130 15 11½
Declared 10 April 1717.