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Epstein, Mordecai
The English Levant Company: its foundation and its history to 1640 — London: George Routledge & Sons Ltd, 1908

DOI Page / Citation link:
https://doi.org/10.11588/diglit.57079#0140
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124 THE early history of

the company who had been a trader in cur-
rants within the last seven years should be
“ stinted ” 36 to a reasonable amount. A
special committee had made this recommen-
dation, and the full Court of Assistants
adopted it,37 provided the following condi-
tions were attached. First and foremost, no
member of the company should be given a part
in the stint who did not first pay all his debts
to the company. Secondly, no one should
exceed the portion allotted to him, and lastly,
no one should alienate or transfer or sell his
allotment to another without first getting
leave of the company. But at the general
meeting of members held on May 21, 1633 38
some objected to the whole plan, complaining
of the small quantity allowed them ; others
of being altogether neglected. In conse-
quence, the scheme was dropped and the trade
in currants left as it had been at first when
36 A “ stint ” or limit was assigned to each member
according to his standing in the company. This re-
stricted the quantity of currants he might import in
any year. Cf. Cunningham : Growth of English Industry
and Commerce-, I. p. 416.
37 Min. April 9, 1633.
38 See Minutes under that date.
 
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