The Philippine Islands, 1493-1803 — volume 01 of 55
The Philippine Islands, 1493-1803 — volume 01 of 55
Blair Emma Helen -
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That the twentieth part of all profits accruing from the royalships or any others be given them for ten years. 7. That if his Highness undertake at his cost the armament of thefleet, they promise to prove to him the vast wealth of the lands andislands that will be discovered within his dominions. 8. That if one of them die on the expedition the other, or his heirsand successors, be ordered to fulfil everything as if both were living. 9. That the king order the strict observance of the above. If... the king prefers them to assume the expenses of the expeditionthey propose the following: 1. That all the lands and islands discovered by them or their agentsbelong to them "with all traffic, seigniory, and government, " givingto the crown one-fifth of all net profits. 2. That no other ships, either of the king or any other person, be allowed to trade in such lands, under penalty of confiscation bythe petitioners. 3. That no other commissions for expeditions of discovery be givenfor ten years. 4 and 5.
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