Oregon Indemnity; Claim of Chief Factors and Chief Traders of the Hudson's Bay Company, Thereto, as Partners, Under Treaty of 1846 - Tapa blanda

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1892 edition. Excerpt: ..."that nothing in the said Act contained shall prevent the said Governor "and Company from continuing to carry on in Rupert's Land, or else"where, trade and commerce." That surrender--it is to be remembered--was solely, substantially, of the territorial rights or claims of the Company; for as to the " liberty " and " franchise' of trade and commerce to the Company, it was left unimpaired, to be used in common with the world; and the principle of monopoly was properly, legally, constitutionally, and in paramount political behest, ignored and tacitly denied. According to constitutional polity, it had become effete. In 1871, under circumstances which need not here be stated, the company paid in cash and at once 107,055 sterling--say $520,287--to the Caief Factors and Chief Traders then being, and holding their position, precisely and wholly, on the terms and conditions of the original Indenture and Deed Poll of partnership, of date 26th March, 1821 and continued by the deed, in the same sense, of 7th March, 1834, aforesaid, for an "unlimited period." That.£107,055 covered one-third of the total amount, viz.: of the,£300,000 sterling received from Canada in full, and final payments of the said surrender with its conditions; and the balance of the.£107,055, viz.:.£7,055 may be fairly presumed to have been for interest at five per centum per annum, as per Deed Poll aforesaid, on that capital of,£100,000, from the fifteenth day of June, 1870, after the fourteen days from date (1st June, 1860,) for annual accounting thereof to said partners, according to said Deed Poll. To make a full two-fifths (40-iooth), one-fifteenth more (,£20,000 stg.), would have been paid, but not having been so, was, presumably,...