The London Gazette Section - The Bubblers Medley, #22

This item shows the right side column of the front page of The London Gazette for August 13 to 16, 1720. It features a story on the issue of a scire facias [Latin "that you cause to know"] writ for the York Buildings, Lustring, English Copper, and Welsh Copper and Lead Companies to appear and show cause why the conditions of their Charters pertaining to the issuing of shares (corporation charters restricted the issuing of shares) were not being adhered to.

The writs were suppose to halt the activity of bogus schemes in stock issues and, hopefully, arrest the fall in South Seas Company stock prices, but South Sea stock continued to fall. This issue of The London Gazette was also noteworthy for marking the height of personal bankruptcies, which were listed at the end of the paper.

The portion of the text that is legible reads
: 



The London Ga[zette]



[Published by Royal] Authority, Saturday August 13 [?] to Tuesday
August 16, 1720

 Whitehall, Aug. 10, 1720




The Lords Justices having received a Memorial fr[om]
the Right Honourable the Lords Commissioners [Ma ]
jesty's Treasury, and thereupon taking into Con[sideration]
the great trade now carrying on in the Buyi[ng and Sel]
ling of Stocks  not Warranted by Law, which ...
avoidably turn to the Destruction of Pub ...
to the Ruine of Trade, and of many priv ...
unadvisedly engage therein: Notwi[thstanding] ...
jesty out of his tender Regard to the ...
had, by Royal Proclamation of the ...
given sufficient Warning of the seve ...
be incurred by such Practices; which a ...
nalties, and Punishments, whereunto Per ...
victed for common and publick Nusances ...
and of the Laws and Statutes of this Realm ...
and liable; and moreover, such further Pains ...
ties and Forteitures as were ordained and pr ...
by the Statute of Provision and Premunir [?] made in
16th Year of King Richard II viz. Forfeiture of Land ...
and Tenements, Goods and Chattels, and Imprison
ment, and a Penalty of 500 l. for every Broker or Per
son acting as a Broker (besides Inability and hicapaci-
ty to act as a Broker (besides Inability and Incapaci-
ty to act as a Broker for the future) one Moiety thereof
to the Crown, and the other Moiety thereof to the In
Former or Person suing for the same in any of his Ma
jesty's Courts of Record, with full Costs of Suit.  Their 
Excellencies being attended this Day by Mr. Accorney
General according to their Order, gave him express Di
rections to bring Writs of Scire Facias against the char
ters or Patents of the Companies following:

     York Buildings Company,
     Lustring Company,
     English Copper
     Welsh Copper and Lead

The bottom of the page is covered by the bottom of another print, signed "Printed by S. Buckley in Am ... [?]."

Entry: D. McNeil, June 2000

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