The whole project of the establishment of the new company for Montreal was discussed and its conclusions drawn up in a deed of concession, to M. de Fancamp and M. de la Dauversière, dated December 17, 1640. It annulled and revoked all the concessions granted by the act of the Company dated January 15, 1636, to M. de Chaussée as well as the concessions and transferences made thereafter of the same "pretended rights," the whole being null and revoked through failure of the execution of the conditions imposed within the time ordered. In the perusal of this act we can see the relations of the two companies. That of the Associates of Montreal is clearly regarded as a purely religious body anxious to aid the parent body in its very great desire to establish a strong colony in New France to instruct the savage peoples of that place in the knowledge of God and to draw them to civilized life. Thus they are very ready to grant them lands to aid in this praiseworthy enterprise, to wit: etc., which are clearly defined. In granting this they restricted the concession originally made to M. de Chaussée of the _whole_ island by reserving to themselves the head of the island by a line drawn from the Rivière des Prairies up to Lake St. Louis to the distance of about four leagues from the mountain. In compensation they granted what afterwards became known as la Seigneurie de St. Sulpice. "Moreover, an extent of land two leagues wide along the River St. Lawrence by six leagues deep in the aforesaid lands, to be taken on the north side of the same bank where the Assumption River empties into the said St. Lawrence River, and to begin at a post which will be planted on that same bank at a distance of two leagues from the mouth of the same Assumption River, the rest of the said two leagues of frontage to be taken in a direction running towards the said St. Lawrence River; whatever lies between the Rivière des Prairies and Assumption River and between Assumption River and the above mentioned fort, being reserved to the said company proposing to set up thereon later as forts and habitations."--Edits et Ord., Quebec, p. 21. The object of the above restriction is clear. The Company of New France was primarily a trading concern and it wished to secure its rights to the north of Montreal as a trading centre for which it was so well adapted by nature, as it was the natural goal of all the Indian peltry from beyond the Sault. It reserved rights therefore to build forts and habitations there.