All such shall be acknowledged Patroons of New Netherland, who shall, within the space of four years next after they have given notice to any of the chambers of the company here, or to the Commander or the Council there, undertake to plant a colonic there of fifty souls, upwards of fifteen years old ; onefourth part within one year, and within three years after the sending of the first, making together four years, the remainder, to the full number of fifty persons, to be shipped from hence, on pain, in case of wilful neglect of being deprived of the privileges obtained; but it is to be observed that the company reserve the island of the Manhattes to themselves.

"IV. They shall, from the time they make known the situation of the ])laces where they proposed to settle colonies, have the preference to all others of the absolute property of such lands as they have chosen ; but in case the situation should not afterwards please them, or they should have been mistaken as to the quality of the land, they may, after remonstrating concerning the same to the Commander and Council there, be at liberty to choose another place.

"V. The Patroons, by virtue of their power, shnll and may be permitted, at such places as they shall settle their colonies, to extend their limits four miles along the shore, that is, on one side of a navigable river, or two miles ' on each side of a river, and so far into the country as the situation of the occupiers will permit; provided and conditioned that the company keep to themselves the lands lying and remaining between the limits of the cf)lonies, to dispose thereof, when, and at such time, as they shall think proper, in such manner that no person shwll be allowed to come within seven or eight miles* of them without their consent, unless the situation of the land thereabout