Provincial Utrechtsche Geoctroyeerde Compagnie


View of Lucasbolwerk with the Sugar House.

The Provincial Utrecht Geoctroyeerde Compagnie was a public limited company with its home base in the Netherlands in 1720 and 1752.

The company was founded in 1720 to acquire investment for the construction of the Eemvaart, which should provide the city of Utrecht via the Eem with access to the Zuiderzee, so that the city could act as a seaport. Internationally, in that year, large-scale speculations occurred in which many companies were bargaining in wind trade, except that this company in the Republic was one of the few waxes that would last for some time. For the attraction of capital, Jews were tolerated in the city of Utrecht because their lay-in was useful for starting this company. The intention was that the company would receive 10 million guilders. People throughout the Republic invested people in the company, including 150 Sefardian Jews, but only half a million guilders were collected. Until the construction of the channel it never came. Projects that were formed were the organization of lotteries, the exploitation of a plantation in Suriname and the establishment of the Sugar House in Utrecht in 1721. The company had a dubious management in the beginning and none of the projects would be successful. After heavy losses, the Sugar House was sold in 1744. In 1752 the Provincial Utrechtsche Geoctroyeerde Compagnie was definitively lifted.

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