Dividend receipt addressed "To Mr. Lockyer accomptant at the South Sea house" and annotated in the lower right by "Rich. Sarum". The body of the document reads: "Pray pay to the bearer Mr. Daniel Gell my share of the midsumer [sic] dividend due on two...
Description:
The South Sea Company was granted a monopoly to supply African slaves to the islands in the South Seas and South America. The stock rose quickly until around 1720 when it collapsed (known as the South Sea Bubble).