DOI Seite / Zitierlink:
https://doi.org/10.11588/diglit.57079#0032
II
THE FIRST CHARTER OF THE TURKEY COMPANY,
1581
But commercial relations were certainly aimed
at, and on September 11, 1581, Elizabeth
issued letters patents 1 to Sir Edward Osborne,
Richard Staper and certain other merchants
of London to trade into the dominions of the
Great Turk ; but the Company so formed
was never to exceed twelve in number. The
patent should extend for seven years ; but
if before that time it proved unprofitable to
continue the trade, the grant might be re-
called. On the other hand, if during the
first period the trade proved lucrative, then
a second grant would be made for another
seven years. Sir Edward Osborne was ap-
pointed Governor of the Company, and only
those who were members might trade in the
1 See Hakluyt V. p. 192. Cf. also S. P. D. James I.
vol. io, No. 30.
16
THE FIRST CHARTER OF THE TURKEY COMPANY,
1581
But commercial relations were certainly aimed
at, and on September 11, 1581, Elizabeth
issued letters patents 1 to Sir Edward Osborne,
Richard Staper and certain other merchants
of London to trade into the dominions of the
Great Turk ; but the Company so formed
was never to exceed twelve in number. The
patent should extend for seven years ; but
if before that time it proved unprofitable to
continue the trade, the grant might be re-
called. On the other hand, if during the
first period the trade proved lucrative, then
a second grant would be made for another
seven years. Sir Edward Osborne was ap-
pointed Governor of the Company, and only
those who were members might trade in the
1 See Hakluyt V. p. 192. Cf. also S. P. D. James I.
vol. io, No. 30.
16