Black's Law Dictionary (2nd edition)dictionaries

South Sea Fund

The produce of the taxes appropriated to pay the interest of such part of the Euglish national debt as was advanced by the South Sea Company and Ita annuitants. The holders of South Sea an-nultles have been paid off, or have received other stock in lieu thereof. 2 Steph. Comm. 578

Source: Black’s Law Dictionary 2nd Ed (1910)