Whoever will desire to erect, as Patroon, a Colonic in New Netherland, sliall be also at liberty to do so, and for that purpose to look out, either himself or by others, according to circumstances ; on condition that he declare that he will undertake to plant therein within the space of four years, after giving notice to any of the Company's Chambers here, or to the Commander or Council there, a Colonic of one hundred souls above fifteen years old, one fourth part thereof within the year, and to ship hence, within three years after sending out of the first, making, in all, four years, the balance to the full amount of one hundred persons, on pain of losing, by notorious neglect, the freedoms obtained. But he shall be advised that the Company reserves unto itself the island of the Manhattes.

And from the first moment that he shall have signified the places where he intends to plant his Colonic, he shall be preferred before all others in the free possession of such lands as he shall have selected there ; but in case such places shall not be afterwards agreeable, or a mistake occur in the choice of the ground, another opportunity shall be granted to make a second selection upon Remonstrance having been previously presented to the Director and Council.

And Patroons shall be at liberty, through their agents, at the place where they intend to plant their Colonies, to extend their limits four leagues along the coast, or on one side of a navigable river, or two leagues along both sides of one river, and as far inland as the circumstances of the occupants will permit; which circumstances shall be considered by, and be at the discretion of, the Director and Council there; but as regards the lands situate without the bounds of the Colonies, the patroons shall not be entitled to claim any authority thereupon, on one pretense or the other, but remain contented with the lands pointed out to them, leaving the disposal of the additional lands at the Company's discretion, either to grant them to other Patroons or to be possessed and cultivated by private Colonists, in which case the Patroons of the respective Colonies, or individual occupants shall be bound to observe good neighborhood, and to afford each other free outdrlft and issue at the nearest place and smallest expense, appealing, at all times, in case of difference, to the decision of the Director and Council to be appointed for the time being by the Company.