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If you remembre Cosimus you tolde me, that I beyng of one side an exalter of the antiquitie, and a dispraiser of those, which in waightie matters imitated them not, and of the other side, I havynge not in the affaires of war, wherin I have taken paine, imitated them, you coulde not perceive the occasion: wherunto I answered, how that men which wil doo any thing, muste firste prepare to knowe how to doe it, for to be able, after to use it, when occasion permitteth: whether I doe know how to bryng the servis of warre to the auncient manners or no, I will be judged by you, whiche have hearde me upon this matter longe dispute wherby you may know, how much time I have consumed in these studies: and also I beleeve that you maie imagen, how much desire is in me to brynge it to effecte: the whiche whether I have been able to have doen, or that ever occasion hath been geven me, most easely you maie conjecture: yet for to make you more certaine and for my better justificacion, I will also aledge the occasions: and as much as I have promised, I will partely performe, to shew you the difficultie and the facelitie, whiche bee at this presente in suche imitacions.

In consideration whereof, and for other waightie reasons and considerations, vs specially moouing, of our speciall grace, certaine knowledge and meere motion, we haue giuen and graunted, and by these presents for vs, our heires and successors doe giue and graunt vnto the said William Brayley, Gilbert Smith, Nicholas Spicer, Iohn Doricot, Iohn Young, Richard Doderide, Anthony Dassell and Nicholas Turner, and to euery of them, and to such other our Subiects as they or the most part of them shall thinke conuenient to receiue into their Company and society, to be the traders with them into the said Contreis, that they and euery of them by themselues or by their seruants or Factors and none others, shall and may for and during the full space and terme of tenne yeeres next ensuing the date of these presents, haue and enioy the free and whole trafique, trade and feat of marchandise, to and from the said Northermost part of the said Riuer, commonly called by the name of the Riuer of Senega: and from and within that riuer all along the coast of Guinea, vnto the Southermost part of the said Riuer, commonly called by the name of the Riuer of Gambra, and within that Riuer also.