In case the ships of the Patroons, in going to, or coming from, or sailing on, the coast from Florida to Terra Neuf, and no further without our grant, should overpower any of the prizes of the enemy, they shall be obliged to bring, or cause to be brought such prize to the college (chamber) of the place, from whence they sailed out, in order to be rewarded by them ; the company shall keep the one-third part thereof, and the remaining two-thirds shall belong to them in consideration of the cost and risk they have been at, all according to the orders of the company.

" XV. It shall also be free for the aforesaid Patroon^t to traffic and trade all along the coast of New Netherland and places circumjacent, with such goods as are consumed tliere, and receive in return for them, all sorts of merchandise that may be had there, except beavers, otters, minks, and all sorts of peltry, Aviiich trade the company reserve to themselves. But the same shall be permitted at such places where the company have no factories,' conditioned that such traders shall be obliged to bring all the peltry they can procure to the island of Manhattes, in case it may be, at any rate, practicable, and there deliver to the director, to be by him shipped hither with the ships and goods ; or, if they should come hither, without going there, then to give notice thereof to the Company, that a proper account thereof may be taken, in order that ihey may pay to the Company one guilder fur each merchantable beaver and otter skin ; the property, risk and all other charges, remaining on account of the Patroons or owners.