[10] Queen Elizabeth's profit may have been only five hundred pounds, as it seems likely that the five hundred pounds which she spent in provisioning the ships should be subtracted from the one thousand pounds which she received. Scott, W.R., The Constitution and Finance of English, Scottish and Irish Joint Stock Companies to 1720, II, 6.
[11] Hayluyt, Principal Navigations, VI, 258-261.
[12] Ibid., VI, 262.
[13] Ibid., X, 7, 8.
[14] Ibid., X, 9-63.
[15] Ibid., X, 64-74.
[16] For example, the expedition of George Fenner to Africa in 1566. He had a great deal of trouble with the natives. Hakluyt, Principal Navigations, VI, 266-284.
[17] Hakluyt, Principal Navigations, VI, 443-450, patent of Queen Elizabeth, May 3, 1588.
[18] Scott, Joint Stock Companies, II, 10.
[19] Hakluyt, Principal Navigations, VI, 450-458, 461-467.