Articles of Agreement
The Articles of Agreement entered into with the Merchant Adventurers were as follows:—
“1. The adventurers and planters do agree, that every persons that goeth, being aged sixteen years and upward, be rated at ten pounds, and ten pounds to be accounted a single share.
2. That he that goeth in person, and furnisheth himself out with ten pounds, either in money or other provisions, be accounted as having twenty pounds in stock, and in the division shall receive a double share.
3. The persons transported and the adventurers shall continue their joint stock and partnership together the space of seven years, (except some unexpected impediments do cause the whole company to agree otherwise,) during which time all profits and benefits that are got, by trade, traffic, trucking, working, fishing, or any other means, of any person or persons, shall remain in the common stock until the division.
4. That at their coming there they choose out such a number of fit persons as may furnish their ships and boats for fishing upon the sea; employing the rest in their several faculties upon the land, as building houses, tilling and planting the ground, and making such commodities as shall be most useful for the colony.
5. That at the end of the seven years, the capital and profits, viz., the houses, lands, goods and chattels, be equally divided among the adventurers and planters; which done, every man shall be free from other of them of any debt or detriment concerning the adventure.
6. Whosoever cometh to the colony hereafter, or putteth any into the stock, shall at the end of the seven years be allowed proportionally to the time of his so doing.
7. He that shall carry his wife and children or servants, shall be allowed for every person now aged 16 years and upward, a single share in the division; or if he provide them necessaries, a double share, or if they be between 10 years old and 16 then two of them to be reckoned for a person, both in transportation and division.
8. That such children as now go and are under the age of 10 years, have no other share in the division, but 50 acres of unmanured land.
9. That such persons as die before the seven years be expired, their executors to have their part or share at the division, proportionally to the time of their life in the colony.
10. That all such persons as are of this colony are to have their meat, drink, apparel and all provisions out of the common stock and goods of the said colony.”