DOI Page / Citation link:
https://doi.org/10.11588/diglit.57079#0078
62 THE EARLY HISTORY OF
chants of England trading into the Levant
Seas. It was made a legal person and was
allowed to use a common seal. At the head
of the organization stood the Governor, who
was elected annually at the general meeting
of members, which was prescribed to be held
within the first 14 days of February.
The Governor was to be aided by 18
assistants, who were likewise to be elected
annually from among the members who lived
in London. The Governor and Assistants
formed a kind of executive Committee. In
addition, there was to be a deputy Governor,
who must live in London, and a local deputy
Governor in every town where there were
members of the company. The local deputy
governors remained in office at the pleasure
of the company. Power was likewise given
to the company to appoint their own consuls.50
50 Cf. Account, etc. (see note (10) on p. 4), pp. 5 and 6,
where the anonymous writer accounts for the conferring
of such powers upon a trading company, by considering
the peculiarities of the Levant trade. The Turkish
government, he says, is essentially different from any
other government, despotic in its nature, and approached
only like all oriental peoples, through the medium of
presents and particular influences. No intercourse can
chants of England trading into the Levant
Seas. It was made a legal person and was
allowed to use a common seal. At the head
of the organization stood the Governor, who
was elected annually at the general meeting
of members, which was prescribed to be held
within the first 14 days of February.
The Governor was to be aided by 18
assistants, who were likewise to be elected
annually from among the members who lived
in London. The Governor and Assistants
formed a kind of executive Committee. In
addition, there was to be a deputy Governor,
who must live in London, and a local deputy
Governor in every town where there were
members of the company. The local deputy
governors remained in office at the pleasure
of the company. Power was likewise given
to the company to appoint their own consuls.50
50 Cf. Account, etc. (see note (10) on p. 4), pp. 5 and 6,
where the anonymous writer accounts for the conferring
of such powers upon a trading company, by considering
the peculiarities of the Levant trade. The Turkish
government, he says, is essentially different from any
other government, despotic in its nature, and approached
only like all oriental peoples, through the medium of
presents and particular influences. No intercourse can