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         Free Society of Traders in Pennsylvania.
      
       
         
           1682
        
      
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             The articles, settlement, and offices of the Free Society of Traders in Pennsilvania agreed upon by divers merchants and others for the better improvement and government of trade in that province.
             Free Society of Traders in Pennsylvania.
             More, Nicholas, d. 1689.
          
           [16] p.
           
             Printed for Benjamin Clark ...,
             London :
             1682.
          
           
             Preface signed by Nicolas More, James Claypoole, and Philip Ford.
             Reproduction of original in Huntington Library.
          
        
      
    
     
       
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         eng
      
       
         
           Pennsylvania -- Commerce.
        
      
    
     
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           THE
           ARTICLES
           ,
           
             Settlement
             and
             Offices
          
           Of
           the
           FREE
           SOCIETY
           OF
           TRADERS
           IN
           PENNSILVANIA
           .
        
         
           Agreed
           upon
           by
           divers
           MERCHANTS
           And
           OTHERS
           for
           the
           better
           Improvement
           and
           Government
           OF
           TRADE
           IN
           THAT
           PROVINCE
           .
        
         
           LONDON
           ,
           Printed
           for
           
             Benjamin
             Clark
          
           in
           George-Yard
           in
           Lombard-street
           ,
           Printer
           to
           the
           Society
           of
           Pennsilvania
           ,
           MDCLXXXII
           .
        
      
       
         
         
           
           The
           PREFACE
           .
        
         
           
             READER
             ,
          
        
         
           Honest
           and
           Industrious
           Traffique
           has
           been
           the
           Usage
           and
           the
           Praise
           of
           many
           Nations
           ;
           And
           in
           this
           all
           Countries
           seem
           Agreed
           ,
           that
           their
           Wealth
           and
           Strength
           are
           
             Begun
             ,
             Continued
          
           and
           Increased
           by
           it
           :
           A
           Truth
           common
           Experience
           daily
           Confirms
           :
           For
           this
           hath
           made
           and
           is
           making
           many
           Princes
           and
           States
           in
           the
           World
           endeavor
           to
           have
           their
           Subjects
           prosper
           in
           Trade
           .
           The
           very
           
             Indian
             Princes
          
           are
           now
           convinced
           of
           this
           Truth
           ,
           which
           makes
           the
           King
           of
           Bantam
           send
           his
           Embassadour
           here
           .
           This
           is
           likewise
           the
           Reason
           ,
           why
           many
           considerate
           men
           have
           thought
           fit
           to
           joyn
           themselves
           in
           a
           Society
           of
           Trade
           in
           Pennsilvania
           ;
           which
           after
           some
           Difficulty
           they
           have
           Accomplished
           .
           But
           this
           may
           be
           modestly
           said
           ,
           It
           is
           a
           very
           
             Unusual
             Society
          
           ,
           for
           it
           is
           an
           
             Absolute
             Free
             One
          
           ,
           and
           in
           a
           
             Free
             Country
          
           :
           A
           Society
           without
           Oppression
           ;
           wherein
           all
           may
           be
           concerned
           that
           will
           ;
           and
           yet
           have
           the
           same
           Liberty
           of
           
             private
             Traffique
          
           ,
           as
           though
           there
           were
           
             no
             Society
          
           at
           all
           .
           So
           that
           this
           Society
           is
           Calculated
           both
           to
           Promote
           the
           
             Publique
             Good
          
           ,
           and
           to
           Encourage
           the
           Private
           .
           And
           indeed
           it
           seems
           not
           possible
           ,
           that
           Province
           should
           be
           Improved
           in
           many
           Years
           without
           it
           ,
           as
           it
           is
           like
           to
           be
           in
           a
           
           few
           Years
           by
           it
           .
           However
           ,
           it
           is
           such
           a
           Society
           ,
           as
           can
           do
           harm
           to
           none
           ;
           but
           may
           do
           good
           to
           all
           :
           Which
           a
           serious
           perusal
           of
           the
           Government
           of
           it
           will
           plainly
           Evince
           to
           the
           considerate
           and
           Ingenious
           .
           We
           may
           add
           ,
           that
           't
           is
           no
           small
           Conveniency
           and
           Ease
           to
           the
           minds
           of
           Planters
           (
           happily
           unacquainted
           in
           Trade
           )
           that
           they
           may
           have
           some
           part
           of
           their
           
             Estates
             improving
          
           in
           an
           
             united
             way
          
           and
           Care
           ,
           whilst
           they
           thereby
           may
           with
           less
           Distraction
           and
           more
           Freedom
           of
           Spirit
           ,
           apply
           themselves
           to
           their
           particular
           Plantations
           .
           For
           here
           a
           few
           Hands
           do
           the
           Work
           of
           the
           whole
           ;
           and
           by
           this
           honest
           and
           free
           Device
           ,
           the
           whole
           will
           be
           furnish'd
           fresh
           and
           fresh
           ,
           from
           time
           to
           time
           in
           the
           nature
           of
           a
           Bank.
           This
           Union
           of
           Traffique
           prevents
           Emulation
           ;
           for
           every
           One
           is
           Interested
           in
           every
           Ones
           prosperity
           ;
           and
           the
           Profit
           must
           be
           greater
           and
           surer
           ;
           and
           
             Navigation
             ,
             Manufacture
          
           and
           Arts
           better
           Improved
           ,
           than
           by
           the
           Force
           of
           
             private
             and
             divided
             Stocks
          
           .
           To
           Conclude
           ,
           't
           is
           an
           
             Enduring
             Estate
          
           ,
           and
           a
           lasting
           as
           well
           as
           certain
           Credit
           :
           a
           Portion
           and
           Inheritance
           that
           is
           Clear
           and
           Growing
           ;
           free
           from
           the
           mischief
           of
           Frauds
           and
           
             False
             Securities
          
           ;
           supported
           by
           the
           
             Concurrent
             Strength
          
           and
           Care
           of
           a
           great
           and
           
             prudent
             Body
          
           ,
           a
           kind
           of
           perpetual
           Trustees
           ;
           the
           Friend
           of
           the
           Widdow
           and
           the
           Orphan
           ,
           for
           it
           takes
           no
           advantage
           of
           Minority
           or
           Simplicity
           .
           These
           and
           many
           more
           great
           Advantages
           Accrew
           to
           a
           Society
           so
           
             Freely
             Constituted
          
           as
           this
           appears
           to
           be
           by
           the
           ensuing
           Articles
           of
           Agreement
           ,
           which
           are
           Imposed
           on
           none
           ,
           but
           recommended
           to
           all
           with
           this
           assurance
           ,
           that
           nothing
           is
           hereby
           Intended
           ,
           but
           what
           is
           consistent
           with
           Justice
           and
           Prudence
           ;
           to
           the
           
           best
           of
           their
           Skills
           that
           were
           concerned
           in
           the
           Framing
           of
           it
           :
           And
           it
           is
           hoped
           that
           the
           Improvements
           which
           may
           accrew
           by
           it
           ,
           will
           prove
           of
           no
           small
           advantage
           to
           that
           Country
           ,
           and
           Old
           England
           from
           whom
           it
           takes
           its
           Original
           .
        
         
           To
           which
           Reader
           ,
           it
           may
           not
           be
           improper
           to
           add
           ,
           that
           this
           Society
           is
           endowed
           with
           divers
           Immunities
           and
           Priviledges
           ,
           by
           Grant
           and
           Charter
           from
           
             William
             Penn
          
           the
           Governour
           of
           that
           Province
           .
        
         
           
             London
             ,
             
               25.
               1
               
                 st
                 Mo.
                 called
              
               .
               March
               ,
               1682.
               
            
          
           
             Nicolas
             More
             ,
          
           
             James
             Claypoole
             ,
          
           
             Philip
             Ford.
             
          
        
      
    
     
       
         
         
         
           THE
           ARTICLES
           ,
           
             Settlement
             and
             Offices
          
           Of
           the
           FREE
           SOCIETY
           OF
           TRADERS
           IN
           PENNSILVANIA
           ,
           &c.
           
        
         
           IT
           is
           Agreed
           ,
           That
           the
           
             First
             General
             Court
          
           shall
           be
           held
           at
           London
           ,
           upon
           the
           
             Twenty
             Ninth
          
           of
           the
           Third
           Month
           called
           May
           ,
           1682.
           
           And
           for
           ever
           after
           ,
           the
           
             General
             Court
          
           shall
           be
           held
           on
           the
           
             First
             Fifth
             Day
          
           called
           Thursday
           in
           the
           
             Ninth
             Month
             (
             November
          
           )
           every
           Year
           after
           in
           the
           Capital
           City
           in
           Pennsilvania
           ,
           where
           Votes
           shall
           be
           Received
           by
           Letters
           to
           the
           
             Society's
             Secretary
          
           from
           all
           that
           do
           not
           appear
           there
           personally
           ,
           for
           the
           chusing
           of
           Officers
           :
           Which
           Votes
           shall
           be
           Regulated
           by
           these
           following
           Conditions
           :
        
         
         
           
             IMPRIMIS
             .
          
           That
           none
           in
           England
           shall
           have
           above
           
             One
             Vote
          
           ,
           whatever
           Sum
           they
           Subscribe
           ;
           unless
           they
           have
           a
           Share
           of
           Land
           in
           Pennsilvania
           ,
           at
           least
           
             One
             thousand
             Acres
          
           of
           their
           own
           ,
           with
           some
           Inhabitants
           upon
           it
           :
           In
           such
           Cases
           they
           shall
           have
           their
           Votes
           proportionably
           to
           their
           Stocks
           ,
           as
           in
           the
           following
           Article
           .
        
         
           
             ARTICLE
             II.
             
          
           That
           all
           that
           are
           Inhabitants
           in
           Pennsilvania
           ,
           shall
           have
           for
           
             two
             Twenty
             five
          
           pounds
           ,
           
             one
             Vote
          
           ;
           and
           each
           
             Fifty
             pound
          
           single
           ,
           
             one
             Vote
             ;
             one
             hundred
          
           pounds
           ,
           
             two
             Votes
             ;
             three
             hundred
          
           pounds
           ,
           
             three
             Votes
          
           ,
           and
           none
           more
           .
        
         
           
             ARTICLE
             III.
             
          
           That
           the
           Book
           of
           Subscriptions
           shall
           be
           open
           here
           in
           England
           ,
           till
           the
           
             twenty
             ninth
          
           day
           of
           the
           
             fourth
             Month
          
           called
           
             June
             ,
             One
             thousand
             six
             hundred
             eighty
             two
             ,
          
           and
           no
           longer
           .
           And
           in
           Pennsilvania
           from
           the
           Arrival
           of
           the
           
             first
             Ship
          
           belonging
           to
           the
           Society
           for
           
             six
             Months
          
           after
           ,
           paying
           
             fifteen
             per
             Cent
             ▪
             Sterling
          
           in
           Consideration
           of
           the
           Risco
           Run
           by
           the
           Society
           by
           such
           as
           Subscribe
           within
           
             thirty
             daies
          
           ,
           and
           for
           every
           Month
           after
           
             one
             per
             Cent.
          
           to
           be
           added
           to
           value
           of
           the
           Cargo
           .
        
         
           
             ARTICLE
             IV.
             
          
           That
           none
           shall
           Subscribe
           in
           the
           
             Societys
             Stock
          
           less
           than
           
             twenty
             five
             pounds
          
           .
           Yet
           if
           five
           Joyn
           together
           ,
           and
           make
           up
           the
           
             twenty
             five
             pounds
          
           (
           provided
           it
           be
           subscribed
           in
           one
           man's
           name
           )
           it
           shall
           be
           accepted
           of
           but
           in
           that
           Name
           only
           .
        
         
           
             ARTICLE
             V.
             
          
           That
           at
           the
           
             first
             General
             Court
          
           or
           Assembly
           held
           as
           abovesaid
           
             (
             viz.
          
           the
           
             twenty
             ninth
          
           of
           the
           
             third
             Month
          
           alias
           May
           ,
           1682.
           )
           all
           the
           Subscribers
           here
           in
           England
           shall
           Confirm
           their
           Subscriptions
           ,
           which
           shall
           be
           by
           the
           depositing
           
             five
             per
             Cent.
          
           as
           a
           part
           of
           that
           ,
           
           which
           shall
           then
           be
           Agreed
           on
           to
           be
           paid
           
             within
             a
             Month
          
           after
           .
           And
           at
           that
           time
           shall
           be
           Chosen
           the
           Officers
           of
           the
           
             Society
             ,
             viz.
          
           The
           President
           ,
           the
           Deputy
           ,
           the
           Treasurer
           ,
           the
           Socretary
           and
           
             twelve
             Committee-men
          
           ,
           whereof
           any
           Five
           and
           the
           President
           or
           his
           Deputy
           shall
           make
           a
           Quorum
           .
        
         
           
             ARTICLE
             VI.
             
          
           That
           all
           the
           Committee-men
           shall
           have
           but
           
             one
             Vote
          
           a
           piece
           in
           the
           Committee
           ,
           whatever
           their
           Stock
           be
           ;
           and
           the
           President
           or
           the
           Deputy
           ,
           if
           the
           Votes
           be
           Equal
           ,
           shall
           have
           the
           
             Casting
             Voice
          
           .
        
         
           
             ARTICLE
             VII
             .
          
           That
           at
           
             seven
             years
          
           end
           ,
           from
           the
           time
           of
           shutting
           the
           Book
           in
           Pennsilvania
           ,
           it
           shall
           be
           opened
           again
           for
           
             New
             Subscribers
          
           ;
           and
           so
           to
           Continue
           for
           
             every
             seven
             years
          
           ;
           a
           due
           Valuation
           of
           the
           Stock
           being
           first
           made
           by
           the
           Committee
           ,
           that
           so
           every
           one
           may
           Subscribe
           according
           to
           the
           Valuation
           then
           Agreed
           on
           .
        
         
           
             ARTICLE
             VIII
             .
          
           That
           
             Two
             hundred
             Servants
          
           be
           sent
           away
           the
           
             first
             Year
          
           ,
           of
           such
           Trades
           and
           Capacities
           as
           may
           be
           most
           for
           the
           benefit
           of
           the
           Society
           ;
           which
           is
           to
           be
           Adjudged
           by
           the
           Committee
           .
        
         
           
             ARTICLE
             IX
             .
          
           That
           it
           shall
           be
           Lawful
           for
           any
           one
           that
           has
           Subscribed
           ,
           to
           add
           to
           their
           Subscription
           before
           the
           Month
           is
           out
           ,
           what
           Sum
           they
           please
           .
        
         
           
             ARTICLE
             X.
             
          
           That
           none
           shall
           be
           
             President
             ,
             Deputy
          
           or
           Treasurer
           ,
           that
           have
           not
           
             five
             thousand
             Acres
          
           of
           Land
           in
           Pennsilvania
           of
           their
           own
           ,
           and
           
             one
             hundred
             pound
          
           in
           the
           
             Societies
             Stock
          
           .
        
         
           
             ARTICLE
             XI
             .
          
           That
           the
           
             General
             Officers
          
           shall
           continue
           for
           the
           
             First
             seven
             years
          
           ,
           
           and
           then
           a
           new
           Election
           shall
           be
           made
           ,
           they
           being
           fixed
           in
           their
           Abode
           in
           the
           Society's-House
           ,
           there
           to
           act
           for
           the
           Society
           ,
           without
           change
           of
           their
           power
           in
           Priviledges
           ,
           except
           they
           do
           Commit
           any
           act
           destructive
           or
           prejudicial
           to
           the
           Real
           Interest
           of
           the
           Society
           ,
           which
           first
           is
           to
           be
           proved
           sufficiently
           in
           the
           Court
           of
           
             Assistants
             ▪
          
           and
           then
           the
           Offender
           or
           Offenders
           are
           to
           be
           dismissed
           ,
           and
           the
           Court
           of
           Assistants
           to
           chuse
           another
           ,
           who
           is
           to
           Continue
           till
           the
           
             General
             Court
          
           ;
           which
           Court
           of
           Assistants
           shall
           yearly
           be
           Chosen
           and
           added
           to
           the
           Committee
           .
        
         
           
             ARTICLE
             XII
             .
          
           That
           the
           President
           shall
           Call
           together
           the
           Court
           of
           Assistants
           to
           help
           and
           advise
           in
           any
           Emergent
           occasions
           relating
           to
           the
           Society
           ,
           as
           
             To
             receive
             more
             Money
             ,
             To
             make
             a
             Dividend
             ,
             To
             chuse
             new
             Officers
             in
             Case
             of
             Death
             ,
             To
             settle
             new
             Factories
             ,
             To
             enter
             upon
             Mines
             ,
             Build
             Ships
             ,
          
           &c.
           
        
         
           
             ARTICLE
             XIII
             .
          
           The
           Committee
           shall
           chuse
           all
           
             Inferiour
             Of●●●ers
          
           as
           
             Store-House-Keepers
             ,
             Clerks
             ,
             Book-Keepers
             ,
             Factors
             ,
          
           at
           home
           and
           abroad
           ;
           then
           they
           shall
           direct
           ,
           what
           shall
           be
           
             Planted
             ,
             Built
          
           ,
           &c.
           
        
         
           
             ARTICLE
             XIV
             .
          
           That
           all
           Forfeitures
           ,
           that
           shall
           arise
           ,
           shall
           be
           Employed
           upon
           the
           Improvement
           of
           a
           parcel
           of
           Land
           alloted
           for
           the
           maintenance
           of
           such
           their
           Wives
           and
           Children
           ,
           who
           have
           been
           disabled
           in
           the
           service
           of
           the
           Society
           .
        
         
           
             ARTICLE
             XV.
             
          
           That
           the
           
             Society's
             Books
             ,
             Patents
             ,
             Records
          
           and
           
             original
             Papers
          
           be
           kept
           in
           a
           Convenient
           place
           in
           the
           House
           under
           
             three
             Locks
          
           and
           Keys
           ,
           one
           whereof
           shall
           be
           kept
           by
           the
           President
           or
           Deputy
           ,
           the
           other
           by
           the
           Treasurer
           ,
           the
           third
           by
           the
           
             Eldest
             Committee-man
          
           .
        
         
           
             ARTICLE
             XVI
             .
          
           That
           these
           
             Books
             ,
             Papers
          
           and
           Patent
           ,
           &c.
           shall
           not
           be
           Intrusted
           
           in
           the
           hand
           of
           any
           single
           person
           for
           longer
           space
           than
           to
           transcribe
           any
           part
           of
           it
           in
           the
           
             day
             time
          
           ,
           and
           in
           the
           House
           before
           some
           one
           or
           more
           appointed
           by
           the
           Committee
           ;
           and
           that
           the
           Book-keeper
           shall
           only
           have
           Copies
           of
           them
           ,
           which
           may
           be
           Viewed
           or
           Perused
           
             once
             a
             Month
          
           by
           any
           Member
           of
           the
           Society
           ,
           who
           desires
           it
           :
           
             All
             Originals
          
           to
           be
           kept
           as
           before
           .
        
         
           
             ARTICLE
             XVII
             .
          
           That
           Security
           shall
           be
           taken
           of
           the
           Treasurer
           and
           of
           all
           Servants
           relating
           to
           the
           Society
           ,
           that
           is
           ,
           such
           as
           have
           any
           Trust
           Committed
           unto
           them
           ,
           as
           
             Agent
             ,
             Store-keepers
             ,
             Ship-Masters
             ,
             Clerks
             ,
             Overseers
          
           and
           Servants
           ,
           &c.
           and
           those
           to
           be
           given
           by
           Persons
           of
           known
           Honesty
           and
           Estate
           .
           And
           those
           servants
           shall
           be
           bound
           
             to
             keep
             the
             secrets
             of
             the
             House
             ,
          
           that
           is
           ,
           not
           to
           give
           Intelligence
           to
           any
           Person
           ,
           no
           ,
           not
           to
           any
           Member
           of
           the
           Society
           (
           without
           leave
           first
           obtained
           publickly
           in
           the
           Committee
           )
           upon
           forfeiture
           of
           their
           security
           .
        
         
           
             ARTICLE
             XVIII
             .
          
           That
           if
           the
           Society
           should
           receive
           Blacks
           for
           servants
           ,
           they
           shall
           make
           them
           free
           at
           
             fourteen
             years
          
           end
           ,
           upon
           Consideration
           that
           they
           shall
           give
           into
           the
           
             Society's
             Ware-house
             two
             thirds
          
           of
           what
           they
           are
           Capable
           of
           producing
           on
           such
           a
           parcel
           of
           Land
           as
           shall
           be
           allotted
           them
           by
           the
           Society
           ,
           with
           a
           stock
           and
           necessary
           Tools
           ,
           as
           shall
           be
           Adjudged
           by
           the
           Society's
           Surveyor
           .
           And
           if
           they
           will
           not
           accept
           of
           these
           terms
           ,
           they
           shall
           be
           servants
           till
           they
           will
           accept
           it
           .
        
         
           
             ARTICLE
             XIX
             .
          
           That
           no
           
             Mineral
             Vndertaking
          
           shall
           be
           begun
           by
           the
           Committee
           without
           the
           approbation
           of
           the
           
             General
             Assembly
          
           .
        
         
           
             ARTICLE
             XX.
             
          
           That
           the
           Committee
           shall
           at
           every
           
             Yearly
             Meeting
          
           of
           the
           
             General
             Court
          
           discover
           the
           Incouragement
           or
           Discouragement
           they
           meet
           with
           in
           the
           Course
           of
           their
           Trade
           both
           at
           home
           and
           abroad
           .
        
         
         
           
             ARTICLE
             XXI
             .
          
           That
           the
           Society
           may
           set
           up
           
             two
             or
             more
             General
             Factories
          
           in
           Pennsilvania
           ,
           one
           upon
           Cheasapeak-Bay
           ,
           and
           the
           other
           upon
           
             Delaware
             River
          
           ,
           or
           where
           else
           the
           Committee
           shall
           see
           necessary
           for
           the
           more
           speedy
           Conveyance
           of
           Goods
           in
           the
           Country
           and
           Mary-land
           :
           but
           that
           the
           Government
           of
           the
           whole
           be
           in
           the
           
             Capital
             City
          
           of
           Pennsilvania
           .
        
         
           
             ARTICLE
             XXII
             .
          
           That
           the
           Society
           shall
           be
           Assisting
           to
           the
           Indians
           in
           their
           setling
           in
           Towns
           and
           other
           places
           ,
           both
           by
           Advice
           and
           Artificers
           .
        
         
           
             ARTICLE
             XXIII
             .
          
           That
           there
           shall
           be
           
             Twenty
             four
             Assistants
          
           added
           to
           the
           Committee
           ,
           whereof
           twenty
           and
           the
           President
           or
           Deputy
           makes
           a
           Quorum
           .
        
         
           
             ARTICLE
             XXIV
             .
          
           That
           the
           
             First
             Assembly
          
           in
           the
           Province
           of
           Pennsilvania
           shall
           be
           desired
           to
           Ratifie
           the
           
             Patent
             Granted
          
           by
           the
           Governour
           to
           this
           Society
           by
           an
           Act
           of
           Assembly
           .
        
         
           
             ARTICLE
             XXV
             .
          
           That
           all
           the
           Members
           of
           the
           Committee
           and
           Court
           of
           Assistants
           shall
           have
           timely
           and
           sufficient
           notice
           and
           summons
           in
           writing
           left
           at
           their
           Dwelling
           ,
           of
           every
           intended
           Court
           ,
           to
           prevent
           Indirect
           and
           unjust
           Proceedings
           .
        
         
           
             ARTICLE
             XXVI
             .
          
           That
           all
           and
           every
           one
           ,
           who
           have
           subscribed
           any
           sum
           in
           the
           Society's-stock
           ,
           and
           shall
           not
           after
           the
           
             second
             summons
          
           bring
           in
           their
           
             second
             Payment
          
           ,
           shall
           be
           incapable
           of
           disposing
           of
           that
           part
           in
           the
           stock
           before
           disbursed
           ;
           but
           the
           Society
           shall
           dispose
           of
           the
           same
           
           unto
           such
           who
           will
           fulfill
           the
           Agreement
           in
           all
           payments
           ;
           they
           only
           being
           Capable
           of
           Receiving
           their
           
             first
             Penny
          
           or
           disbursement
           .
           Alwaies
           excepted
           such
           ,
           who
           through
           any
           Calamities
           have
           been
           reduced
           to
           Poverty
           ,
           whereby
           they
           are
           Rendred
           Incapable
           to
           fulfill
           the
           same
           ;
           that
           then
           the
           thing
           being
           proved
           before
           a
           Committee
           ,
           they
           shall
           have
           power
           to
           sell
           the
           same
           to
           the
           
             best
             Advantage
          
           .
           And
           as
           this
           is
           Agreed
           on
           for
           the
           
             second
             payment
          
           ,
           so
           it
           is
           of
           
             all
             others
          
           ,
           if
           there
           be
           more
           .
        
         
           
             ARTICLE
             XXVII
             .
          
           That
           there
           shall
           be
           in
           England
           a
           
             Chief
             Agent
          
           ,
           Superiour
           to
           all
           Agents
           or
           Factors
           belonging
           to
           the
           said
           Society
           ,
           that
           are
           in
           Europe
           ,
           unto
           whom
           the
           Society
           shall
           direct
           their
           Letters
           and
           consign
           their
           Goods
           :
           He
           shall
           have
           a
           Council
           of
           
             six
             Factors
          
           ,
           one
           of
           which
           shall
           be
           his
           Deputy
           .
           This
           Council
           shall
           ,
           with
           him
           ,
           Reside
           in
           London
           ;
           and
           shall
           on
           all
           occasions
           meet
           to
           Advise
           together
           ,
           how
           to
           dispose
           of
           the
           
             Society's
             Goods
          
           ,
           and
           buy
           such
           Goods
           as
           the
           Society
           shall
           direct
           to
           be
           bought
           ,
           to
           Execute
           all
           other
           Orders
           ,
           as
           shall
           be
           required
           of
           him
           or
           them
           .
           And
           to
           give
           every
           Factor
           his
           Commission
           ,
           how
           to
           proceed
           in
           what
           pertains
           unto
           his
           place
           :
           So
           that
           all
           and
           every
           one
           of
           them
           shall
           Act
           by
           the
           Advice
           of
           the
           
             Chief
             Agent
          
           ,
           and
           he
           by
           the
           Order
           of
           the
           Committee
           in
           Pennsilvania
           ;
           All
           these
           being
           Chosen
           by
           the
           
             General
             Assembly
          
           ,
           they
           giving
           good
           and
           sufficient
           security
           to
           the
           Society
           for
           their
           true
           and
           
             faithful
             service
          
           .
        
         
           
             ARTICLE
             XXVIII
             .
          
           That
           the
           
             President
             ,
             Deputy
             ,
             Secretary
             ,
             Treasurer
             ,
             Surveyor
          
           and
           all
           the
           Servants
           of
           the
           Society
           shall
           bring
           into
           the
           
             Society's
             Ware-house
          
           ,
           what
           Peltry
           they
           buy
           of
           the
           Indians
           in
           their
           Respective
           Plantations
           with
           their
           own
           
             private
             Goods
          
           :
           This
           shall
           be
           Entred
           in
           the
           Books
           of
           the
           several
           Offices
           to
           prevent
           Fraud
           .
           Those
           Goods
           shall
           be
           sent
           over
           with
           the
           
             Society's
             Goods
          
           ,
           and
           shall
           have
           what
           Return
           they
           will
           for
           the
           same
           ,
           allowing
           to
           the
           
             Society
             ,
             Fraight
             ,
             Factorage
          
           ,
           &c.
           
        
         
         
           
             ARTICLE
             XXIX
             .
          
           That
           it
           shall
           be
           Lawful
           for
           all
           ,
           who
           will
           bring
           their
           Goods
           to
           the
           
             Society's
             Ware-house
          
           ,
           so
           to
           do
           and
           to
           have
           the
           same
           Returns
           ,
           as
           they
           shall
           desire
           .
           This
           being
           granted
           and
           Allowed
           ,
           will
           bring
           in
           most
           of
           the
           
             Countries
             Goods
          
           in
           the
           Society's
           hands
           ,
           which
           will
           in
           time
           prove
           the
           
             great
             Advantage
          
           of
           the
           Society
           ;
           and
           most
           Eminently
           to
           the
           Planters
           ,
           who
           are
           not
           able
           to
           send
           into
           England
           ,
           where
           possibly
           they
           may
           be
           deceived
           by
           their
           Factors
           or
           Attorneys
           ,
           they
           having
           in
           the
           Society
           the
           greater
           security
           Imaginable
           for
           their
           Effects
           .
        
      
       
         
           
             Some
             of
             the
          
           Officers
           and
           Offices
           
             for
             the
             SOCIETY
             ,
             Viz.
          
           President
           ,
           Deputy
           ,
           Treasurer
           ,
           Agent
           ,
           Secretary
           ,
           Surveyor
           ,
           Twelve
           Committee-men
           ,
           Chyrurgion
           ,
           Factors
           ,
           Clerks
           ,
           Overfeers
           ,
           Messengers
           ,
           Porters
           ,
           Butchers
           ,
           Water-men
           ,
           Carr-men
           ,
           &c.
           
        
         
           The
           
             Four
             Offices
          
           for
           the
           Society
           .
        
         
           
             The
             Secretary
             Office.
             
          
           
             TO
             this
             Office
             shall
             belong
             the
             Book-Keeper
             ,
             the
             
               Factors
               ,
               Chyrurgeon
               ,
               Clerk
            
             of
             all
             
               Offices
               ,
               Messengers
               ,
               Overseers
               ,
               Water-men
               .
            
             The
             Secretary
             shall
             be
             alwaies
             ready
             to
             receive
             Orders
             of
             the
             President
             or
             Deputy
             for
             the
             Execution
             of
             all
             Warrants
             to
             be
             Issued
             out
             abroad
             ,
             to
             write
             all
             Letters
             ,
             &c.
             for
             the
             Society's
             Service
             ,
             and
             to
             direct
             the
             Plantations
             in
             their
             Duties
             ,
             as
             the
             President
             and
             Courts
             are
             Agreed
             on
             to
             be
             done
             :
             As
             when
             any
             Ships
             are
             
               going
               Out
            
             ,
             then
             to
             write
             to
             Factors
             abroad
             ,
             &c.
             
             When
             any
             Factors
             are
             wanting
             Supplies
             of
             Goods
             ,
             to
             give
             Warr●nts
             in
             the
             Treasury-Office
             for
             the
             same
             under
             the
             Presidents
             own
             Hand
             and
             Seal
             ,
             or
             his
             Deputy
             ;
             and
             nothing
             delivered
             without
             this
             Method
             .
             And
             when
             Goods
             are
             
               brought
               in
            
             ,
             then
             to
             take
             Account
             of
             the
             same
             ,
             and
             give
             an
             Acconnt
             to
             the
             President
             of
             them
             ,
             and
             Enter
             them
             in
             that
             Office
             also
             .
             If
             any
             
               Servant
               Dyeth
            
             ,
             to
             receive
             Information
             of
             it
             ,
             and
             make
             Record
             .
             If
             any
             
               Run
               away
            
             ,
             to
             receive
             Information
             ,
             and
             take
             Order
             of
             the
             President
             about
             it
             ,
             &c.
             
             If
             any
             be
             Sick
             ,
             to
             Issue
             Warrants
             for
             their
             help
             by
             the
             
               Presidents
               Order
            
             ,
             &c.
             
             If
             
               Cattle
               Dye
            
             ,
             to
             Record
             it
             ;
             If
             any
             be
             Increased
             ,
             to
             Record
             the
             
               Place
               ,
               Kind
               ,
               Number
            
             .
             To
             
             receive
             
               every
               Week
            
             a
             particular
             Account
             of
             all
             
               Overseers
               ,
               Factors
            
             ,
             &c.
             of
             all
             Increases
             and
             Decreases
             of
             Trade
             ,
             &c.
             
          
        
         
           
             The
             Treasury
             Office.
             
          
           
             TO
             this
             Office
             shall
             belong
             the
             TREASURER
             ,
             
               Two
               Clerks
               ,
               Porters
               ,
               Butchers
               ,
               Water-men
               ,
               Carr-men
               ,
               Chyrurgeon
               ,
               Husbandmen
               ,
               Handicrafts
               ,
            
             &c.
             every
             one
             of
             them
             giving
             Account
             to
             the
             Treasurer
             of
             their
             Works
             ,
             and
             all
             to
             be
             Recorded
             in
             the
             Treasury-Office
             ,
             and
             to
             be
             Transmitted
             into
             the
             Secretary's-Office
             every
             Seven
             daies
             ,
             and
             all
             those
             Officers
             and
             Servants
             to
             be
             directed
             in
             their
             Proceedings
             by
             Warrants
             from
             the
             President
             or
             his
             Deputy
             ,
             and
             nothing
             to
             be
             delivered
             out
             without
             the
             same
             ,
             to
             prevent
             Deceit
             ,
             &c.
             
             And
             that
             there
             shall
             be
             
               Two
               Ware-houses
            
             ,
             one
             for
             Exportation
             ,
             and
             the
             other
             for
             Importation
             :
             Unto
             each
             of
             them
             shall
             belong
             a
             Clerk
             to
             keep
             Journals
             of
             
               Goods
               Come
               In
            
             and
             
               Gone
               Out
            
             ;
             and
             to
             keep
             the
             
               Warrants
               ▪
            
             from
             the
             President
             for
             their
             Security
             .
             And
             that
             if
             any
             Goods
             are
             received
             in
             ,
             and
             
               not
               Recorded
            
             in
             the
             Secretary
             and
             Treasury-Office
             within
             
               two
               dates
            
             ,
             it
             shall
             be
             a
             Forfeiture
             of
             such
             Penalty
             thought
             fit
             to
             be
             Imposed
             by
             the
             Court
             of
             Assistants
             .
          
        
         
           
             The
             Surveyor's
             Office.
             
          
           
             TO
             this
             Office
             shall
             belong
             the
             Surveyor
             ,
             an
             Assistant
             ,
             a
             Clerk
             ,
             a
             Searcher
             .
          
           
             This
             Surveyor
             shall
             View
             all
             Ships
             ,
             and
             what
             is
             thereunto
             belonging
             ,
             whether
             fit
             to
             be
             made
             use
             of
             for
             the
             
               Society's
               Service
            
             or
             no
             ;
             and
             make
             Report
             to
             the
             President
             .
             He
             shall
             Oversee
             all
             
               Overseers
               ,
               Servants
            
             ,
             their
             Works
             ,
             and
             make
             Record
             of
             them
             all
             ,
             giving
             Information
             of
             all
             things
             in
             the
             Secretary-Office
             ,
             and
             to
             the
             President
             or
             his
             Deputy
             ;
             and
             keeping
             Record
             in
             his
             Office
             of
             the
             same
             .
             He
             shall
             see
             all
             
               Goods
               Shipped
               Safely
            
             and
             others
             Landed
             ;
             He
             shall
             view
             all
             Ware-houses
             ,
             their
             Goods
             that
             they
             be
             kept
             well
             ,
             &c.
             
             That
             all
             Warrants
             from
             the
             President
             ,
             be
             duly
             put
             in
             Execution
             ,
             Survey
             all
             Entries
             and
             Invoyces
             ,
             all
             Buildings
             ,
             all
             Cattles
             ,
             &c.
             that
             the
             Society
             may
             not
             suffer
             by
             any
             ;
             keeping
             a
             Journal
             of
             all
             things
             which
             are
             every
             
               seven
               daies
            
             to
             be
             Compared
             with
             the
             Secretary-Office
             ,
             where
             all
             things
             are
             to
             be
             Recorded
             .
             And
             Record
             being
             duly
             made
             ,
             all
             the
             Books
             to
             be
             signed
             by
             the
             President
             or
             his
             Deputy
             ,
             and
             afterwards
             to
             stand
             for
             good
             and
             Just
             Actings
             in
             
             the
             Court
             of
             Committee
             and
             Assistants
             :
             And
             this
             being
             p
             assed
             ,
             never
             more
             to
             be
             recalled
             .
          
        
         
           
             The
             Miner's
             Office.
             
          
           
             
               TO
               this
            
             Office
             
               shall
               belong
               an
            
             Agent
             ,
             Clerks
             ,
             Miners
             ,
             Refiners
             ,
             Brick-makers
             ,
             Tile-makers
             ,
             Potters
             ,
             Lime-burners
             ,
             &c.
             
          
           
             The
             Agent
             shall
             daily
             receive
             Informations
             from
             the
             Miners
             ,
             &c.
             of
             what
             is
             done
             ,
             and
             make
             Record
             of
             it
             in
             his
             Office
             ,
             and
             shall
             be
             Signed
             by
             the
             Clerk
             and
             himself
             .
             Then
             to
             send
             it
             to
             the
             Secretary-Office
             every
             
               seven
               daies
            
             there
             to
             be
             Recorded
             ;
             the
             President
             or
             Deputy
             having
             approved
             the
             same
             .
             And
             the
             Agent
             shall
             Answer
             for
             all
             Defaults
             and
             Wrong
             done
             to
             the
             Society
             in
             any
             of
             the
             things
             ,
             that
             are
             under
             his
             Custody
             ,
             until
             they
             are
             Recorded
             and
             Received
             in
             the
             Custody
             of
             the
             Treasurer
             .
          
           
             These
             are
             the
             Heads
             ,
             upon
             which
             the
             Society
             is
             to
             be
             Governed
             ,
             and
             the
             Offices
             by
             which
             all
             is
             Administred
             and
             secured
             from
             Fraud
             and
             Deceit
             .
             What
             further
             is
             necessary
             for
             the
             same
             ,
             must
             be
             left
             to
             the
             Wisdom
             of
             the
             President
             and
             Court
             of
             Assistants
             ,
             who
             in
             time
             may
             give
             an
             Exact
             Account
             of
             other
             things
             relating
             thereunto
             .
          
           
             For
             the
             Conveniency
             of
             such
             who
             are
             desirous
             to
             Subscribe
             to
             
               The
               Stock
               of
               this
               Society
            
             ,
             if
             they
             please
             to
             Apply
             themselves
             to
             
               Philip
               Ford
            
             in
             Bow-Lane
             near
             Cheap-side
             ,
             there
             their
             Subscriptions
             may
             be
             Entred
             .
          
        
         
           THE
           END
           .
        
         
      
    
     
  

