And whereas it is the Company's intention to colonize the island of the Manhattes first, the staple of all produce and wares accruing on the North river and the country thereabout, shall be provisionally there, before they can be sent further, with the exception of those which are naturally useless there, or cannot be brought thither without serious damage to the owners; in which case, the owners thereof, shall be obliged to give timely notice in writing of such inconvenience, to the Company here, or to the Director and Council there, in order that the same may be remedied as to the circumstances of the case shall appertain.

All Patroons, colonists and inhabitants of New Netherland, shall be at liberty to sail to, and trade along the entire coast from Florida unto Newfoundland, provided they return with all the goods they obtain in barter, first to the island of the Manhattes, and pay five per cent duty to the Company, in order, if possible, to be sent thence to the aforesaid countries after proper inventory of all the cargo.'

Said Patroons, colonists and inhabitants, shall be also at liberty to trade their goods obtained there, everywhere on the coast of New Netherland and parts circumjacent thereunto, for all sorts of merchandise to be met with there, conditioned that such traders shall be obliged to bring to the island of the Manhattes, if it be anywise possible, all the goods that they will be able to procure, in order that the Company's dues may be paid, and further that said goods be sent by the ships hither, with the knowledge of the Director and Council, or of their agents; or if they come to this country, without such having been done, that they be discharged, with the Company's knowledge, under proper inventory and payment of the duty accrued thereon, on pain of forfeiting said goods or the value thereof.