Having satisfied himself that the charter of 1670 was legally unassailable, the earl was now ready for his subsequent line of action. He had resolved to get a foothold in the company itself. To effect this object he brought his own capital into play, and sought at the same time the aid of his wife's relatives, the Wedderburn-Colviles, and of other personal friends. Shares in the company had depreciated in value, and the owners, in many {31} cases, were jubilant at the chance of getting them off their hands. Selkirk and his friends did not stop buying until they had acquired about one-third of the company's total stock. In the meantime the Nor'westers scented trouble ahead. As soon as Lord Selkirk had completed his purchase of Hudson's Bay stock, he began to make overtures to the company's shareholders to be allowed to plant a colony in the territories assigned to them by their royal charter. To the Nor'westers this proposition was anathema. They argued that if a permanent settlement was established in the fur country, the fur-bearing animals would be driven out, and their trade ruined. Their alarm grew apace. In May 1811 a general court of the Hudson's Bay Company, which had been adjourned, was on the point of reassembling. The London agents of the North-West Company decided to act at once. Forty-eight hours before the general court opened three of their number bought up a quantity of Hudson's Bay stock. One of these purchasers was the redoubtable explorer, Sir Alexander Mackenzie. Straightway there ensued one of the liveliest sessions that ever occurred in a general court of the Hudson's Bay Company. The {32} Nor'westers, who now had a right to voice their opinions, fumed and haggled. Other share holders flared into vigorous protest as the Earl of Selkirk's plan was disclosed. In the midst of the clash of interests, however, the earl's following stated his proposal succinctly. They said that Selkirk wished to secure a tract of fertile territory within the borders of Rupert's Land, for purposes of colonization. Preferably, this should lie in the region of the Red River, which ran northward towards Hudson Bay. At his own expense Selkirk would people this tract within a given period, foster the early efforts of its settlers, and appease the claims of the Indian tribes that inhabited the territory. He promised, moreover, to help to supply the Hudson's Bay Company with labourers for its work. Had Lord Selkirk been present to view the animated throng of merchant adventurers, he would have foreseen his victory. In his first tilt with the Nor'westers he was to be successful. The opposition was strong, but it wore down before the onslaught of his friends. Then came the show of hands. There was no uncertainty about the vote: two-thirds of the court had pledged themselves in favour of Lord Selkirk's proposal. {33}