And To This Intent Our Subiects Aboue Specified And Named, Haue Most Humbly Beseeched Vs, That Our Abundant Grace, Fauour And Clemencie May Be Gratiously Extended Vnto Them In This Behalfe:

Whereupon wee inclined to the petition of the foresaide our Counsailours, subiects and marchants, and willing to animate, aduance, further and nourish them in their said godlie, honest, and good purpose, and, as we hope, profitable aduenture, and that they may the more willingly, and readily atchieue the same.

Of our especiall grace, certaine knowledge and meere motion, haue graunted, and by these presents doe graunt, for vs, our heires and successours, vnto our said right trustie, and right faithfull, and right wel beloued Counsailours, and the other before named persons, that they by the name of marchants aduenturers of England, for the discouery of lands, territories, Iles, Dominions, and Seigniories vnknowen, and not before that late aduenture or enterprise by sea or Nauigation, commonly frequented as aforesaid, shalbe from henceforth one bodie and perpetuall fellowship and communaltie of themselues, both in deede and in name, and them, by the names of Marchants aduenturers for the discouerie of lands, territories, Iles and seigniories vnknowen, and not by the seas, and Nauigations, before their saide late aduenture or enterprise by sea or Nauigation commonly frequented, We doe imcorporate, name, and declare by these presents, and that the same fellowship or communalty from henceforth shalbe, and may haue one Gouernour of the saide fellowship, and communaltie of Marchants aduenturers.

And in consideration that one Sebastian Cabota hath bin the chiefest setter forth of this iourney or voyage, therefore we make, ordeine, and constitute him the said Sebastian to be the first and present gouernour of the same fellowship and communaltie, by these presents.

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