Person Fauquier; Francis (1703 - 1768) Fauquier Francis 1703 - 1768 Male 11 July 1703 Williamsburg, Virginia 03 March 1768 Baptism: St Andrew Undershaft (11 July 1703)

Career: Director of the South Sea Company (1751); Lieutenant-Governor of Virginia (1758) Son of Dr John Francis Fauquier, one of the Directors of the Bank of England; Brother of William Fauquier (FRS 1747) The South Sea Company (officially The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of the Fishery) was a British joint-stock company founded in 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly (the Asiento) to supply enslaved Africans to the islands in the 'South Seas' and South America. Company stock rose greatly in value as it expanded its operations dealing in government debt, and peaked in 1720 before suddenly collapsing to little above its original flotation price. The notorious economic bubble thus created, which ruined thousands of investors, became known as the South Sea Bubble. The South Sea Company (officially The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of the Fishery) was a British joint-stock company founded in 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly (the Asiento) to supply enslaved Africans to the islands in the 'South Seas' and South America. Company stock rose greatly in value as it expanded its operations dealing in government debt, and peaked in 1720 before suddenly collapsing to little above its original flotation price. The notorious economic bubble thus created, which ruined thousands of investors, became known as the South Sea Bubble. Fellow 15/02/1753 Sources: Bulloch's Roll; DNB; DAB; Guildhall Library MS. 4107/3 References: Frank R Freemon, 'American Colonial Scientists Who Published in the Philosophical Transactions of the Royal Society' in NR 1984-85 vol 39 pp 191-206 International Standard Archival Authority Record for Corporate Bodies, Persons and Families - ISAAR(CPF) - Ottawa 1996 ISBN 0-9696035-3-3 National Council on Archives, Rules for the Construction of Personal, Place and Corporate Names, 1997 after 26 Mar 1703 and before 11 Jul 1703 - 3 Mar 1768 NA3835 21/11/2001 Andyg Pmab 28/03/2023 RS_NET\JonathanB yes 94064df7-b56d-4a43-9fc6-8e8b2eaf755b