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Updated: May 28, 2025


13 Also forasmuch as Ralfe Rutter a rebell to the Queenes Maiestie, and an enemie to his Countrey, and to sir William Garrard and his company, hath of long time remained here, liuing of the spoyles and goods of the said merchants, which he wrongfully detained in his handes, riotously spending the same, during the time that he was their seruant, and would not come home when he was sent for, and also for that the Queenes Maiestie doth vnderstand, that the saide Ralfe, with other his adherents, doe seeke by all false meanes to sowe dissension, and breake amitie betwixt their Maiesties, and to ouerthrowe the trade of the said merchants: Her highnes request is, that the said Ralfe with his complices may be deliuered vnto me, to be caried home, and none other of her Maiesties subiects, not being of the socitie of the said sir William Garrard and his company, to be suffered to traffike within his highnes dominions, but to be deliuered to their Agent to bee sent home: for that the said merchants with great charges and losses, both by shipwracke, and riotous seruants, did first finde out this trade, and haue continued the same these 19. yeeres, to their great hinderance.

In the year 1560 Queen Elizabeth granted the traders of Exeter a charter of privileges, and letters patent were issued forming them into a company under the name of a "Socitie of Marchante Adventurers of the citie of Exeter". The possession of the charter induced the citizens to commence the spirited undertaking of cutting a canal to Topsham, a work that was begun in 1564, and which constitutes one of the earliest examples of canal navigation in the country.

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