First, that they who shall disbursse their money for the first preparation shall be named Aduenturers, and shall haue the one halfe of all such landes, territories, townes, mines of gold and siluer, and other metals whatsoeuer, as shall bee found, gotten, obtained, as conquered by this discouery: yeelding to her Maiestie the fift part of all such gold and siluer, as shall happen to be had out of any mines that so shall be found. That those parties which doe employ themselues personally in the present discouerie, shall be named Enterprisers, and shall haue the other halfe, of all the Lands, Territories, Townes, Mines of Gold and Siluer and other mettals, yeelding to her Maiestie the fift part of the Gold and Siluer as the Aduenturers do: The same to bee distributed by the Generall, with the consent of the greatest part of twelue discreet persons to bee chosen out of the whole number of the Enterprisers. Also, that all trade of Merchandise which shall be vsed to and from those partes, which by this discouerie shall bee found out, shall apperteine onely to the Aduenturers which first shall disbursse their money for this discouery, which prohibition to all other her Maiesties subiects, and other Marchants to deale in the sayd parts, without the consent of the first Aduenturers, vpon losse of shippe and goods, and punishment of their persons, that so shall aduenture in trade of merchandise: or otherwise by imprisonment at the Companies pleasure. That no person shall hereafter aduenture in this discouerie as Aduenturers for the profits mentioned in the first Articles, but such onely as doe disbursse their money in the first preparation: and they shall not aduenture hereafter any greater summe, then ratably according to their proportion of this their first aduenture. Also, the profite which by this discouerie shall be attained vnto, either by lande which may bee conquered, or otherwise gotten: as also such profite which by this discouerie shall bee obtained by mines, or otherwise gotten, that eche one shall haue his part rate and rate, like, according to the proportion of their first aduenture, and not otherwise. The Aduenturers in this first preparation shall at their owne free will and libertie, choose whether they will supply hereafter any further charge or not: if there doe fall out any such occasion to require the same. And yet withall shall for euer holde to them the freedome of the trade which shall growe in any of these partes: notwithstanding their sayd refusall to beare any further charge.