But now it is only fair to indicate how the tradition may have originated that there ever was such an organization as the Greenland Company. An appreciation of any reasonable grounds for its origin, will help us understand better how the mistaken statement came to be made, and to see that it was a mistake. There did exist in Holland a “Noordsche Compagnie” or Northern Company and there exists the most abundant and indubitable evidence that the terms “Northern Company” and “Greenland Company” were used interchangeably, and were both applied to the former association. This company was at first confined to the merchants of the Province of Holland, who had received their charter from the States-General, after the approval and endorsement of such a measure by the States of Holland. In 1617, the charter was renewed, but the merchants of Zeeland wished for the same privileges and the States-General granted a charter to a Zeeland “Northern Company” in May 28, 1622. Turning to the “Groot Placcaet Book,” Vol. I, Cols. 673, 674, we discover the two names in question in curious but instructive juxtaposition. The title of the act has Noortsche Compagnie, while in the body of the act we read Groenlandtsche Compagnie. In this same year (Dec., 1622), the Zeeland and Holland Companies were combined into one general or national “Northern Company,” but the act granting a larger charter mentions only the above name both in the title and in the body of it. It is to this Company that Moulton refers in his “History of New York” (p. 362) when he makes the assertion that “the Greenland Company was created in 1622.” He places this association on an exact level with the East and West India Companies.