History of the State of New York, Vol. I (1609-1691)
The accounts having been frequently reviewed at the Assembly of the XIX.; the supfilies requisite for the planting having been compared with the returns received from the Colonies, it was finally decreed and enacted, at the Assembly of the XiX., on the 10"" March, 162S, in the presence of your High Mightinesses' deputies, the Directors delegated by the respective Chambers, the Directors and assessors from the principal stockholders, for the behoof of ail the stockholders in the said Company, by virtue of the Charter, to draw up Freedoms and Exemptions, for the benefit of the General West India Company, and advantage of the Patroons, masters and private persons. 2(i February, 1629. Commissioners reported to the Assembly of the XIX., and it was resolved to make an Order, resuming the draft of the planters, at the next ensuing meeting; to consider the proposals of certain respectable principal stockholders, to draw out the differenlial points and refer them to the Chambers.
IS April, 1629. Points of Reference were circulated; in article 2 of which, the respective Chambers were requested to appear fully instructed to conclude whether the articles of Freedoms and Exemptions submitted at various preceding Assemblies, with the annexed new articles, demanded by divers principal stockholders, might be amplified and amended according
to circumstances. 29 May, 1629. Commissioners are named, on resuming the Order in regard to Planters, to submit the draft to the x\ssembly of the XIX. 7 June, 1629.The Freedoms are enacted in terms as hereunto annexed. Whereupon some Directors of the before named Company, in addition to the great interest they possessed with their next friends in the said Company, (who imported [to the value of] more than two tons of gold;) anim.ited with new zeal to carry out their High Mightinesses' intention, and hoping in consequence for God's blessing, preceded all the other stockholders by way of a good example, saving the aforesaid Company from expenses, troubles and heavy charges, and further involved themselves by undertaking divers Patroonships, the expenses whereof, incurred and laid out to this day, amount to not far from one ton of gold, cash down, and are yearly taxed, in addition, with at least 45 thousand guilders for the support of three of their Patroonships.