African Company Act 1750

Last updated

African Company Act 1750
Act of Parliament
Coat of Arms of Great Britain (1714-1801).svg
Citation 24 Geo. 2. c. 49
Dates
Royal assent 25 June 1751
Repealed15 July 1867
Other legislation
Repealed by Statute Law Revision Act 1867
Status: Repealed
Gold Coast ackey coin with the inscription "Free Trade to Africa by Act of Parliament 1750" commemorating the passage of the African Company Act Ackey Gold Coast silver coin.jpg
Gold Coast ackey coin with the inscription "Free Trade to Africa by Act of Parliament 1750" commemorating the passage of the African Company Act

The African Company Act 1750 was an Act passed by the Parliament of Great Britain which dissolved the Royal African Company and created the African Company of Merchants, to whom the assets of the former were passed.

The Royal African Company had been in financial difficulties for many years, but by 1747 these difficulties grew more acute. They also informed parliament in February of that year that it was incapable of defending its forts and castles against possible attack by the French. [1]

Related Research Articles

<span class="mw-page-title-main">Acts of Union 1707</span> Acts of Parliament creating the Kingdom of Great Britain

The Acts of Union refer to two Acts of Parliament, one by the Parliament of England in 1706, the other by the Parliament of Scotland in 1707. They put into effect the Treaty of Union agreed on 22 July 1706, which merged the previously separate Kingdom of England and Kingdom of Scotland into a single Kingdom of Great Britain. The Acts took effect on 1 May 1707, creating the Parliament of Great Britain, based in the Palace of Westminster.

<span class="mw-page-title-main">Statute of Westminster 1931</span> United Kingdom legislation

The Statute of Westminster 1931 is an act of the Parliament of the United Kingdom that sets the basis for the relationship between the Dominions and the Crown.

<span class="mw-page-title-main">Union of South Africa</span> 1910–1961 Dominion of the British Empire

The Union of South Africa was the historical predecessor to the present-day Republic of South Africa. It came into existence on 31 May 1910 with the unification of the Cape, Natal, Transvaal, and Orange River colonies. It included the territories that were formerly part of the South African Republic and the Orange Free State.

<span class="mw-page-title-main">Royal assent</span> Formal approval of a proposed law in monarchies

Royal assent is the method by which a monarch formally approves an act of the legislature, either directly or through an official acting on the monarch's behalf. In some jurisdictions, royal assent is equivalent to promulgation, while in others that is a separate step. Under a modern constitutional monarchy, royal assent is considered little more than a formality. Even in nations such as the United Kingdom, Norway, the Netherlands, Liechtenstein and Monaco which still, in theory, permit their monarch to withhold assent to laws, the monarch almost never does so, except in a dire political emergency or on advice of government. While the power to veto by withholding royal assent was once exercised often by European monarchs, such an occurrence has been very rare since the eighteenth century.

The Navigation Acts, or more broadly the Acts of Trade and Navigation, were a long series of English laws that developed, promoted, and regulated English ships, shipping, trade, and commerce with other countries and with its own colonies. The laws also regulated England's fisheries and restricted foreign—including Scottish and Irish—participation in its colonial trade. While based on earlier precedents, they were first enacted in 1651 under the Commonwealth.

<span class="mw-page-title-main">House of Burgesses</span> Representative assembly in colonial Virginia

The House of Burgesses was the elected representative element of the Virginia General Assembly, the legislative body of the Colony of Virginia.

<span class="mw-page-title-main">Southern Rhodesia</span> British colony in Africa (1923–1965)

Southern Rhodesia was a landlocked, self-governing British Crown colony in Southern Africa, established in 1923 and consisting of British South Africa Company (BSAC) territories lying south of the Zambezi River. The region was informally known as South Zambesia until annexation by Britain, at the behest of Cecil Rhodes's British South Africa Company. The bounding territories were Bechuanaland (Botswana), Northern Rhodesia (Zambia), Portuguese Mozambique (Mozambique) and the Transvaal Republic.

<span class="mw-page-title-main">Slave Trade Act 1807</span> Act of the UK Parliament

The Slave Trade Act 1807, officially An Act for the Abolition of the Slave Trade, was an Act of the Parliament of the United Kingdom prohibiting the slave trade in the British Empire. Although it did not automatically emancipate those enslaved at the time, it encouraged British action to press other nation states to abolish their own slave trades. It took effect on 1 May 1807, after 18 years of trying to pass an abolition bill.

A Royal Style and Titles Act, or a Royal Titles Act, is an act of parliament passed in the relevant country that defines the formal title for the sovereign as monarch of that country. This practice began in 1876, when the Parliament of the United Kingdom passed the Royal Titles Act. By that law, and the subsequent Royal Titles Act 1901 and Royal and Parliamentary Titles Act 1927, the monarch held one title throughout the British Empire. Following the enactment of the Statute of Westminster 1931, the governments of the now separate and independent realms sharing one person as sovereign agreed in 1949 that each should adopt its own royal style and title, which was done in 1952. As colonies became new realms, they passed their own royal style and titles acts. Most of the laws were created during the reign of Queen Elizabeth II.

<span class="mw-page-title-main">Tea Act</span> United Kingdom legislation

The Tea Act 1773 was an Act of the Parliament of Great Britain. The principal objective was to reduce the massive amount of tea held by the financially troubled British East India Company in its London warehouses and to help the struggling company survive. A related objective was to undercut the price of illegal tea, smuggled into Britain's North American colonies. This was supposed to convince the colonists to purchase Company tea on which the Townshend duties were paid, thus implicitly agreeing to accept Parliament's right of taxation. Smuggled tea was a large issue for Britain and the East India Company, since approximately 86% of all the tea in America at the time was smuggled Dutch tea.

<span class="mw-page-title-main">His Majesty's Declaration of Abdication Act 1936</span> United Kingdom legislation

His Majesty's Declaration of Abdication Act 1936 is the act of the Parliament of the United Kingdom that recognised and ratified the abdication of King Edward VIII and passed succession to his brother King George VI. The act also excluded any possible future descendants of Edward from the line of succession. Edward VIII abdicated in order to marry his lover, Wallis Simpson, after facing opposition from the governments of the United Kingdom and the Dominions.

<span class="mw-page-title-main">Monarchy of South Africa</span> Head of state of South Africa from 1910 to 1961

From 1910 to 1961 the Union of South Africa was a self-governing country that shared a monarch with the United Kingdom and other Dominions of the British Empire. The monarch's constitutional roles were mostly delegated to the Governor-General of the Union of South Africa.

<span class="mw-page-title-main">Royal African Company</span> English trading company

The Royal African Company (RAC) was an English trading company established in 1660 by the House of Stuart and City of London merchants to trade along the West African coast. It was overseen by the Duke of York, the brother of Charles II of England; the RAC was founded after Charles II ascended to the English throne in the 1660 Stuart Restoration, and he granted it a monopoly on all English trade with Africa. While the company's original purpose was to trade for gold in the Gambia River, as Prince Rupert of the Rhine had identified gold deposits in the region during the Interregnum, the RAC quickly began trading in slaves, which became its largest commodity.

<span class="mw-page-title-main">Colonial Laws Validity Act 1865</span> United Kingdom legislation

The Colonial Laws Validity Act 1865 is an Act of the Parliament of the United Kingdom. Its long title is "An Act to remove Doubts as to the Validity of Colonial Laws".

<span class="mw-page-title-main">Slavery Abolition Act 1833</span> Law which abolished slavery in most of the British Empire

The Slavery Abolition Act 1833 was an Act of the Parliament of the United Kingdom which provided for the gradual abolition of slavery in most parts of the British Empire. Passed by Earl Grey's reforming administration, it expanded the jurisdiction of the Slave Trade Act 1807 and made the purchase or ownership of slaves illegal within the British Empire, with the exception of "the Territories in the Possession of the East India Company", Ceylon, and Saint Helena. The Act came into force on 1 August 1834, and was repealed in 1998 as a part of wider rationalisation of English statute law; however, later anti-slavery legislation remains in force.

<span class="mw-page-title-main">Sir Edward Seymour, 4th Baronet</span> British politician (1633–1708)

Sir Edward Seymour, 4th Baronet MP was a British nobleman, and a Royalist and Tory politician.

<i>Succession to the Throne Act, 1937</i>

The Succession to the Throne Act, 1937 is a 1937 act of the Canadian parliament that ratified the Canadian cabinet's consent to His Majesty's Declaration of Abdication Act 1936, an act of the United Kingdom parliament that allowed the abdication of Edward VIII. This ratification was of symbolic value only, because, under the Statute of Westminster 1931, the UK act was already part of Canadian law by virtue of the Canadian cabinet's prior request and consent.

<span class="mw-page-title-main">Church of England Assembly (Powers) Act 1919</span> United Kingdom legislation

The Church of England Assembly (Powers) Act 1919 is an act of the Parliament of the United Kingdom that enables the Church of England to submit primary legislation called measures, for passage by Parliament. Measures have the same force and effect as acts of Parliament. The power to pass measures was originally granted to the Church Assembly, which was replaced by the General Synod of the Church of England in 1970 by the Synodical Government Measure 1969.

<span class="mw-page-title-main">Slavery in South Africa</span>

Slavery in South Africa existed from 1653 in the Dutch Cape Colony until the abolition of slavery in the British Cape Colony on 1 January 1834. This followed the British banning the trade of slaves between colonies in 1807, with their emancipation by 1834. Beyond legal abolition, slavery continued in the Transvaal though a system of inboekstelsel.

<span class="mw-page-title-main">Trade with Africa Act 1697</span> 1697 English Act of Parliament

The Trade with Africa Act 1697, also known as An Act to settle the Trade to Africa was a law passed by the Parliament of England to officially revoke the monopoly enjoyed by the Royal African Company (RAC) on English trade with Africa, with included the Atlantic slave trade. Instead the act introduced taxation on those involved in the "triangular trade" whereby merchants would be liable to pay ten per cent tax for the maintenance of the forts and castles between Cape Mount and the Cape of Good Hope which belonged to the RAC. The new regulations came into effect on 24 June 1698.

References

  1. Der, Benedict G. (1967). Parliament's Interest in West Africa, 1713-1765:A Study Based on Published Parliamentary Records (PDF). Toronto: University of Ottawa.