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The Mayflower and Her Log; July 15, 1620-May 6, 1621 — Volume 2 by Azel Ames
page 11 of 54 (20%)
or provided by the law of the realm. In such case, the charter-party of
the MAY-FLOWER, with the autograph of each Merchant Adventurer appended,
would constitute, if it could be found, one of the most interesting and
valuable of historical documents. That it was not signed by any of the
Leyden congregation--in any representative capacity--is well-nigh
certain. Their contracts were with the Adventurers alone, and hence they
were not directly concerned in the contracts of the latter, their
"agents" being but co-workers with the Adventurers (under their
partnership agreements), in finding shipping, collecting moneys,
purchasing supplies, and in generally promoting the enterprise. That
they were not signing-parties to this contract, in particular, is made
very certain by the suggestion of Cushman's letter of Sunday, June 11,
to the effect that he hoped that "our friends there [at Leyden] if they
be quitted of the ship-hire [as then seemed certain, as the Adventurers
would hire on general account] will be induced to venture [invest] the
more." There had evidently been a grave fear on the part of the Leyden
people that if they were ever to get away, they would have to hire the
necessary ship themselves.

There is just the shadow of a doubt thrown upon the accuracy of Smith's
statement as to the non-corporate status of the Adventurers, by the loose
and unwieldy features which must thereby attach to their business
transactions, to which it seems probable that merchants like Weston,
Andrews, Beauchamp, Shirley, Pickering, Goffe, and others would object,
unless the law at that time expressly limited and defined the rights and
liabilities of members in such voluntary associations. Neither evidences
of (primary) incorporation, or of such legal limitation, have, however,
rewarded diligent search. There was evidently some more definite and
corporate form of ownership in the properties and values of the
Adventurers, arrived at later. A considerable reduction in the number of
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