The Mayflower and Her Log; July 15, 1620-May 6, 1621 — Volume 1 by Azel Ames
page 15 of 56 (26%)
page 15 of 56 (26%)
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agreement of the Adventurers and Planters, was an equal partnership
between but two parties, the Adventurers, as a body, being one of the co-partners; the Planter colonists, as a body, the other. It was a partnership to run for seven years, to whose capital stock the first- named partner (the Adventurers) was bound to contribute whatever moneys, or their equivalents,--some subscriptions were paid in goods,--were necessary to transport, equip, and maintain the colony and provide it the means of traffic, etc., for the term named. The second-named partner (the Planter body) was to furnish the men, women, and children,--the colonists themselves, and their best endeavors, essential to the enterprise,--and such further contributions of money or provisions, on an agreed basis, as might be practicable for them. At the expiration of the seven years, all properties of every kind were to be divided into two equal parts, of which the Adventurers were to take one and the Planters the other, in full satisfaction of their respective investments and claims. The Adventurers' half would of course be divided among themselves, in such proportion as their individual contributions bore to the sum total invested. The Planters would divide their half among their number, according to their respective contributions of persons, money, or provisions, as per the agreed basis, which was: [Bradford's Historie, Deane's ed.; Arber, op. cit. p. 305. The fact that Lyford (Bradford, Historie, Mass. ed. p. 217) recommended that every "particular" (i.e. non-partnership colonist) sent out by the Adventurers--and they had come to be mostly of that class--"should come over as an Adventurer, even if only a ser vant," and the fact that he recognized that some one would have to pay in L10 to make each one an Adventurer, would seem to indicate that any one was eligible and that either L10 was the price of the Merchant Adventurer's share, or that this was the smallest subscription which |
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