That he should set out within one year from the date of the instrument:
That he should be governor and captain-general for life:
That he should be adelantado for life, and on his death the office should descend to his heirs and successors forever.
Ten square leagues of land and four per cent of all the profit or advantage to be derived from all the lands discovered and peopled were given to himself, his heirs and successors forever.
Those who should join the expedition under him were for the first three years to pay only the one tenth part of the gold of the mines, the fourth year a ninth part, and the per centage should go on increasing till it reached a fifth part.
They should be exempted from export duty upon the articles they carried with them, provided they were not taken for barter or sale.
They were allowed portions of land, and, after living on them four years complete, were to be at liberty to sell them and use them as their own.
Also to take rebellious Indians for slaves, and to take and buy Indians held by the caciques as slaves, under the regulations of the council of the Indies. The tithes or tenth parts were granted to be expended in churches and ornaments, and things necessary for divine worship.
The last provision, which may seem rather illiberal, if not libellous, was, that no lawyers or attorneys should go into those lands from the kingdom of Spain, nor from any other part, on account of the litigation and controversies that would follow them.
Don Francisco Montejo, now adelantado, is described as "of the middle stature, of a cheerful countenance, and gay disposition. At the time of his arrival here (in Mexico) he was about thirty-five years of age. He was fitter for business than war, and of a liberal turn, expending more than he received;" in which latter qualification for a great enterprise he could perhaps find his match at the present day.