When Elizabeth Sheldon twin was born on 25 May 1712, in Long Compton, Warwickshire, England, her father, Edward Sheldon, was 32 and her mother, Elizabeth Shelley, was 28. She died on 21 October 1724, in Long Compton, Warwickshire, England, United Kingdom, at the age of 12.
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The South Sea Bubble Bill was passed by the House of Lords in 1720. This allowed the South Sea company to monopolize trade with South America. The company underwrote the English National Debt which promised 5% interest from the government. As shares rose exponentially, many companies were created and many fortunes were made. The stocks crashed and many people lost their money which caused them to become destitute overnight and suicide was common. Robert Walpole took charge of the South Sea Bubble Financial Crisis by dividing the national debt between the Bank of England, the Treasury, and the Sinking Fund.
English: habitational name in most cases from Sheldon in Derbyshire, but sometimes from Sheldon in Warwickshire or Devon, or from Sheldon in Chippenham (Wiltshire). The Derbyshire place, recorded in Domesday Book as Scelhadun, probably takes its name from Old English scelf ‘rock, ledge, shelf’ + the placename Haddon, itself from Old English hǣth ‘heath’ + dūn ‘hill’. The Warwickshire and Wiltshire placenames probably derive from Old English scelf + dūn, while the Devon placename probably comes from Old English scelf + denu ‘valley’.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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