In possession of £25,000 sterling, which he had procured from his associates, Bolts proceeded to London, where he purchased a vessel, which he named the _Joseph and Theresa_, put a portion of her cargo on board, and on 14th March, 1776, set sail thence for Leghorn. Here certain articles were to be taken on board, which the Government had promised to have ready, and which consisted of copper, iron, steel, and tools. Before Bolts left harbour on his voyage to the Indies he was invested by the Empress with the grade of Lieutenant-Colonel in their service, and for the better prosecution of his objects was provided by the State Chancery with comprehensive powers,[3] and a pass for barbarous countries, called a "_Scontrino_."[4] The Empress at the same time provided the daring adventurer with letters of introduction under her own hand to the Emperor of China, the "King" of Persia, and the Indian satraps whose dominions he was to visit. Baron Proli, one of the chief partners, went first of all to Vienna, and thence to Leghorn, and concluded an agreement with Bolts to dispatch a ship to the Indies in each of the years 1777, 1778, 1779, the cargoes of which should be worth at least £30,000 each, while Bolts, on his part, engaged to remain in the Indies three and a half years from the day of his departure, there to found factories, and to lay out to the best advantage the money realized by the sale of the merchandise consigned to him. The Empress Maria Theresa rewarded Proli for services already rendered, as also for those which he undertook to perform in the establishment of trading-exchanges in Trieste and Bruges, for the support of the oversea commerce of the Austrian and Belgian provinces, by raising him to the dignity of Count. The ship _Joseph and Theresa_, bound for the east coast of Africa, as also for the shores of Malabar, Coromandel, and Bengal, set sail from Leghorn in September, 1776, with a crew of 155 men. Unfavourable winds compelled Bolts to make the Brazilian coast, in order to take in fresh stores. Thence he lay a course for Delagoa Bay, on the S.E. coast of Africa, opposite the island of Madagascar, on which, on 30th March, 1777, he was so unfortunate as to get stranded, when he was compelled to start a portion of his cargo overboard. Bolts, however, turned to excellent account his stay on this coast, having purchased from two African kings, named Mohaar Capell, and Chibauraan Matola, a site of ground on both banks of the river Masoûmo, and, at a total expenditure of 126,267 florins (about £12,600), in which was included the cost of constructing the necessary vessels, founded a factory, for whose protection he also erected two small forts, which he furnished with cannon, and named after his two illustrious patrons, Joseph and Theresa.