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And further, of our more speciall grace, and by the aduise and consent aforesaide wee doe giue, and by these presents do graunt vnto the aforesaide Sebastian Cabota, so many, and so great summes of money as the saide annuitie or yeerely reuenue of an hundreth, three-score and sixe pounds, thirteene shillings 4. pence, doeth amount and rise vnto from the feast of S. Michael the Archangel last past vnto this present time, to be had and receiued by the aforesaid Sebastian Cabota, and his assignes out of our aforesaid Treasurie, at the handes of our aforesaide Treasurers, and officers of our Exchequer of our free gift without accompt, or any thing else therefore to be yeelded, payed, or made, to vs, our heires or successours, forasmuch as herein expresse mention is made to the contrary.

And for that the sayde companie are like continually to bring into this our Realme a much greater quantitie of forren commodities from the forren Countreyes, places, or territories aforesaide, then here can be spent for the necessarie vse of the same, which of necessitie must be transported into other countreyes, and there vented, we for vs, our heires and successors of our speciall grace, certaine knowledge, and meere motion doe graunt to and with the sayd Gouernour and companie that at all times from time to time during the space of thirteene moneths next after the discharge of any the sayde goods so brought in, and the subsidies, pondage, customes and other duties for the same being before hande payde or compounded for as aforesayd, it shall be lawfull for them or any of them or any other person or persons whatsoeuer being naturall subiects of the Realme which may or shall buy the same of them or any of them to transport the same in English bottomes freely out of this Realme without payment of any further custome, pondage, or other subsidie to vs, our heires or successors for the same, whereof the sayde subsidies, pondage, or customes or other duties shall be so formerly payde and compounded for, as aforesayd, and so proued.

The 29. day comming neere to the shoare, we perceiued the red cliffe aforesaide to haue right vpon the top of it a great heape of trees, and all to the Westwards of it ful of red cliffes as farre as we could see, and all along the shoare, as well vpon the cliffes, as otherwise, full of wood: within a mile of the said great cliffe there is a riuer to the Eastwards, and no cliffes that we could see, except one small cliffe, which is hard by it.

And wee will and ordaine that the same person or persons so as is aforesaide to be elected shall be of the sayd number of assistants of the sayde companie. And this to be done so often as the case shall so require.

He leaves twenty shillings 'to William Gyon my weaver'; also 'Item, I doe give seaven poundes tenne shillinges of Lawful money of Englande to and amongest thirtie of the poorest Journeymen of the Fullers occupacion in Coggeshall aforesaide, that is to every one of them fyve shillinges. William Gyon or Guyon was related to a very rich clothier, Thomas Guyon, baptized in 1592 and buried in 1664, who is said to have amassed £100,000 by the trade.

And further all and euery the sayde offendours for their sayde contempt to suffer imprisonment during our pleasures, and such other punishment as to vs for so high a contempt shall seeme meete and conuenient, and not to be in any wise deliuered vntill they and euery of them shall be come bounde vnto the sayd Gouernour for the time being in the summe of one thousand poundes or lesse at no time, then after to sayle or traffike by sea into any the dominions aforesaide, or to bring or cause to be brought from any the places aforesayde any corrants, raysins of Corinth, or wines of Candia contrarie to our expresse commaundement in that behalfe herein set downe and published.

Therefore I will leave this staffe, and observe, concerning the Romanes, the swoorde for to hurte, and for defense the Targaet, with the other armours aforesaide.

And for the better establishing, ordering and gouerning of the said Erles of Warwike and Leicester, Thomas Starkie, &c. abouesaid, their factors, seruants and assignes in the trade aforesaid, we for vs, our heires and successors, doe by these presents giue and graunt full licence to the saide Thomas Starke, Ierard Gore the elder, and the rest aforesaide, and euery of them from time to time, during the said terme of twelue yeeres, at their pleasures to assemble and meete together in any place or places conuenient within our citie of London, or elsewhere, to consult of, and for the said trade, and with the consent of the said Erie of Leicester, to make and establish good and necessary orders and ordinances for and touching the same, and al such orders and ordinances so made, to put in vse and execute, and them or any of them with the consent of the said Erle of Leicester, to alter, change and make voyde, and if need be, to make new, at any time during the saide terme, they or the most part of them then liuing and trading, shall finde conuenient.

All this, I say, may be broughte to passe if wee wisely plante, upon our arryvall, aboute the mouthes of greate rivers and in the ilandes of the same; and so wee shall have the starte before the Frenche and all others; and our people, sente thither for the purposes aforesaide, shall be ready to man our shippes to give repulse at the firste to all suche as shall come thither to sett foote to our annoye.

There is resident in the 4 house a fourth officer, bearing name Taissu. In this house is the principall prison of all the Citie. Ech one of these Magistrates aforesaide may both lay euill doers in prison, and deliuer them out againe, except the fact be heinous and of importance: in such a case they can do nothing, except they do meet al together.