And if any one happen to commit an error, in the valuation of his goods, the Company shall be at liberty to take such goods, paying onesixth more than they are entered at ; but all concealed and smuggled goods, either in this country or that, which may be discovered to have been brought on board the Company's ships, by secret plans or other cunning contrivances, shall be immediately forfeited and confiscated to the profit of the said Company, without any right of action accruing thereby." And after specifying rules for freight charges, it continues thus ; --

"And whereas it is the Company's intention to cause those countries to be peopled and brought into cultivation more and more, the Director and Council there, shall be instructed to accommodate every one according to his condition and means, with as much land as he can properly cultivate, either by himself or with his family. Which land thus conceded to any person in the name of the Company, shall remain the property of him, his heirs, or assigns, provided he shall pay to the Company after it hiis been pastured or cultivated four years, the lawful tenths of all fruit, grain, seed tobacco, cotton, and such like, as well as of the increase of all sorts of cattle; of which property a proper deed shall be given, on condition thut hi3 truly undertakes the cultivation or pasture thereof. Failing therein, he shall incur, in addition to the loss of such land, such penalties and fines as shall be mutually agreed on at the time of the grant. To which penalties and fines his successors and assigns shall be also bound. And in order to obviate all confusion and losses, which have formerly arisen therefrom, and are hereafter to be expected in a still graver degree, no one shall henceforward be allowed to possess or hold any lands or houses in those parts, that have not previously come through the hands of the Company.