South or North of the Tropic of Cancer, either in their voyage out or home, which shall be declared good prizes by the Court of Admiralty, and that as well in ships, cannon, as in goods, without any exception, they shall pay, as a recognition, to the Company, in addition to his Highness' right, twenty per cent, besides all rights to which the same shall be bound and rated as Company's prizes, and that from the nett proceeds to be realized by sale, without deducting any expenses of equipment or otherwise ; and the sale of the captured property, munitions of war, with their appurtenances, as well as of the cargo, must be effected at the privateer's expense.

11.

On the cargo, whether purchased on their own account, taken on freight, or on commission, there shall, in addition to the right of convoy granted by the public to tiie Company, be paid in kind or money at the Company's choice at the Chamber or place as aforesaid from which they cleared, as stated hereinbefore in article ten. And on all sorts of Red dyewood. Dried Codfish, Campeachy wood, ten per centum. Brazil wood, seven and a half per cent. Lignum vitas, yellow wood, five per cent. On Sugars, one-third part shall be paid in kind. Imported tobacco shall not pay for convoy and recognition any more than sixty stivers per hundred pounds, from which one-fourth shall be deducted as allowance for stems, rottenness, dampness or other damage but the foreign tobacco of Marocive shall pay twenty guilders per ;