When was it published?

June 29, 1739 in The Virginia Gazette

Foreign News June 29, 1739

The Virginia Gazette

Q: What keywords are associated?

East India Company, Mr Naish, Legal Suit, Financial Settlement, Trade Restriction

Richmond, Williamsburg, Richmond County, Virginia

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What is this article about?

Yesterday, the East-India Company's General Court in Leadenhall-street resolved a prolonged legal suit with Mr. Naish by agreeing to pay him 28,000l. for seized goods and commissions as chief Super-Cargo, with Naish covering 500l. of the company's legal expenses and bonding 10,000l. to abstain from East-India trade for seven years.

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Full Text

Yesterday a General Court of the East-India Company was held at their House in Leadenhall-street on Mr. Naish's Affair, when that long depending perplexed Suit was brought to a final Issue upon the following Conditions, viz. that the Company shall pay to Mr. Naish 28,000l. in Lieu of all his Demands for Goods seized and Commissions claim'd by him as their chief Super-Cargo; that he shall allow 500l. towards defraying the Law Expences the Company has been at in proceeding against him; that he shall enter into a Bond of 10,000l. not to concern himself in any Trade to East-India, either in the British or Foreign Service, for seven Years ensuing.

What sub-type of article is it?

Trade Or Commerce Economic

What keywords are associated?

East India Company Mr Naish Legal Suit Financial Settlement Trade Restriction

What entities or persons were involved?

Mr. Naish

Where did it happen?

East India

Foreign News Details

Primary Location

East India

Event Date

Yesterday

Key Persons

Mr. Naish

Outcome

company pays mr. naish 28,000l. in lieu of all demands for seized goods and commissions; naish allows 500l. towards company's legal expenses; naish enters 10,000l. bond not to engage in east-india trade for seven years.

Event Details

A General Court of the East-India Company was held at their House in Leadenhall-street on Mr. Naish's Affair, resolving the long-pending suit on the specified conditions.