Arrest du Conseil D’Etat du Roy, Par lequel Sa Majeste Casse & Annulle, a commencer au premier Octobre prochain, le Bail des Fermes Generales fait a Aymard Lambert, pour cinq années qui en restent à expirer… du 27 Aoust 1719.
Paris, Veuve Saugrain & Pierre Prault, 1719
4to; 250x200 mm. Pages 4. Headpiece. Handwritten note on the last page. Lacking on the lower left corner, which does not affect the text, traces of wear.
Very rare. Foundation of the East India Company. With this Decree, Law acquired the right to manage the 'Fermes Generales', which collected the majority of excise duties in France (around 37% of state revenue). The rental contract to Aymard Lambert is cancelled, and compensation of '48,500,000 livres' will be paid. The Compagnie des Indes absorbs the other colonial companies and obtains the State Privilege on the collection of indirect taxes.
Finally, the certificate of guarantee from Nicolas de Launay 'Escuyer Conseiller Secretaire du Roy, Maison Couronne de France et de ses Finances.'
Wroth & Annan 701 (Imprimerie Royale edition, 8 p.); only two copies in the U. S.