A Caution to the Directors of the East-India Company

Description of book

In this thought-provoking pamphlet, the author issues a cautionary message to the Directors of the East-India Company. With tensions rising from their successes, increased dividends, and internal conflicts, the company's constitution is at risk of being undermined. Drawing attention to a recent Act of Parliament and the company's own By-Law, the author argues that the forthcoming Midsummer Dividend of Five Per Cent cannot be made without violating these regulations. Through a meticulous analysis of the clauses and the intentions of the legislature, the author reveals the potential censure and legal complications that loom over the company, urging the Directors to exercise caution and reevaluate their dividend declaration.