Item.—That the said Guillermo must and is bound to do all the said work at his own cost and charge, as well what may be necessary by reason of his art, as for wooden scaffolding and centering; and also for paying for all the stone, lime, gravel, and all the instruments and tools necessary for the work; and in the same manner for all the workmen, officials, and others working in the said Exchange and outside it; and lastly all the other things necessary for its completion.
Item.—That the said Guillermo is obliged to continue and complete the said work of the Exchange in the form which was begun, and according to the designs given and put into the hands of the honourable Council of the Fabric by the said Guillermo.
Item.—That the said Guillermo binds himself to build from the base and to complete all the pillars and keystones of the said Exchange in Santañi stone, fluted and according to the said design, and to floor it with the same stone, and to lay the terrace with the mixture of burnt clay and fresh lime which they call “Trespoll.”
Item.—That the said Guillermo binds himself to make the pendents of the said Exchange of Solleric stone.
Item.—That the said Guillermo binds himself to make on the outside part of the said Exchange, and above the gable of the doorway which looks towards the Royal castle of the said city of Mallorca, a solemn tabernacle with the figure of the modest Virgin our Lady Saint Mary.
Item.—That the said Guillermo binds himself to make on the other three fronts of the same Exchange, that is on the outside of each one of them, a figure of an angel, each one with his tabernacle over him; and that each of the said angels have on one side the Royal scutcheon, and on the other that of the said city of Mallorca, in the form and manner which may be pleasing to the said honourable Council of the Fabric.
Item.—That the said Guillermo binds himself to make in each one of the four corners of the said Exchange on the outside a grand statue, each one in his tabernacle, similar to the angels: that is, in the corner which looks towards the Pi Gate, that of San Nicolas; in that which looks towards the church of San Juan, that of St. John the Baptist; in that which looks towards the Arsenal, that of Sta. Catalina; and in that which looks towards the said Royal castle, that of Sta. Clara; in the form and manner which may please the said honourable Council of the Fabric.
Item.—That the said Guillermo binds himself to make in one of the four turrets of the corners of the said Exchange a room where a clock can be placed.
Item.—That the said Guillermo binds himself to cover the abutments or buttresses with sharp-pointed stone weatherings, and in the top of each of the said weatherings there must be a great knop on which a flower-pot can stand; and that the balustrade which surrounds all the top of the Exchange shall be pierced with openings. And all the things which are at present within the said Exchange shall belong to the said Guillermo; and it is further declared that the aforenamed will not have to make gates nor iron screens in the said Exchange.
Item.—That the said honourable Council of the Fabric are to give and pay to the said Guillermo, on account of all the things before said and specified, 22,000 pounds of Mallorcan money, in instalments, in the form and manner following: To wit, That the said honourable Guardians and those who succeed them in the office of Guardians of the Merchants’ Affairs shall be obliged to pay each year to the said Guillermo the sum for which they may have alienated the right of dues on the merchandize imposed by the said Mercantile College upon all the stuffs and merchandize entering and sailing from the island of Mallorca, reserving to the said honourable Guardians in each year 150l. of the said money of Mallorca for the expenses and business of the College; and the said price of the said dues, the 150l. already referred to being deducted, is to be reserved for the said Guillermo every year in payment and satisfaction of the said 22,000l.; and this for such time and until the abovementioned is wholly and completely paid and satisfied to the whole extent already mentioned. Declaring however and agreeing in which, the said Guillermo shall be bound to spend each year out of his own stock on the said work of the Exchange 500l. of the said money beyond that which he shall receive of the said price of the dues of merchandize.