(M43) The charge to transport these hundreth men, to victuall them, and to furnish them of munition and other needefull things, will not be lesse then foure thousand poundes: whereof hath bene very readily offered by the Citie of Bristoll one thousand poundes, the residue being three thousande poundes, remaineth to bee furnished by this Citie of London, or any others who will aduenture their money in this first preparation.
The Committies thinke it conuenient that a Priuilege should be procured by Master Carlile from her Maiesty, by vertue whereof these conditions and Articles following may be effectually prouided for.
First, that they who shall disbursse their money for the first preparation shall be named Aduenturers, and shall haue the one halfe of all such landes, territories, townes, mines of gold and siluer, and other metals whatsoeuer, as shall bee found, gotten, obtained, as conquered by this discouery: yeelding to her Maiestie the fift part of all such gold and siluer, as shall happen to be had out of any mines that so shall be found.
That those parties which doe employ themselues personally in the present discouerie, shall be named Enterprisers, and shall haue the other halfe, of all the Lands, Territories, Townes, Mines of Gold and Siluer and other mettals, yeelding to her Maiestie the fift part of the Gold and Siluer as the Aduenturers do: The same to bee distributed by the Generall, with the consent of the greatest part of twelue discreet persons to bee chosen out of the whole number of the Enterprisers.
Also, that all trade of Merchandise which shall be vsed to and from those partes, which by this discouerie shall bee found out, shall apperteine onely to the Aduenturers which first shall disbursse their money for this discouery, which prohibition to all other her Maiesties subiects, and other Marchants to deale in the sayd parts, without the consent of the first Aduenturers, vpon losse of shippe and goods, and punishment of their persons, that so shall aduenture in trade of merchandise: or otherwise by imprisonment at the Companies pleasure.
That no person shall hereafter aduenture in this discouerie as Aduenturers for the profits mentioned in the first Articles, but such onely as doe disbursse their money in the first preparation: and they shall not aduenture hereafter any greater summe, then ratably according to their proportion of this their first aduenture.