1725

Khushalchand Sheth (1680-1748), the grand son of Shantidas pays up a sum of 500,000 rupees from his personal wealth on behalf of the city of Ahmedabad to the invading Marathas to save it from destruction. Later, it was decided that Khushalchand and his descendants would receive a levy of a quarter per cent on all goods stamped in the municipal weighing yard. Khushalchand, however, refuses to accept the money.