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George Bancroft, History of the Colonization of the United States, Vol. 1, 17th edition., Chapter 9: (search)
he place of governor, was by erection of hands elected to that office for one year from that day; and with him were joined a deputy and assistants, of whom nearly all proposed to go over. The greatness of the business brought a necessity for a supply of money. It was resolved, that the business should be proceeded in with its first intention, which was chiefly the glory of God, and to that purpose its meetings were sancby the prayers and guided by the advice of Chap. IX.} 1629. Archer and Nye, two faithful ministers in London. Of the old stock of the company, two thirds had been lost; the remainder, taken at its true value, with fresh sums adventured by those that pleased, formed a new stock, which was to be managed by ten undertakers, five chosen out of adventurers remaining in England, and five out of the planters. The undertakers, receiving privileges in the fur trade and in transportation, assumed all engagements and charges, and after seven years, were to divide the stock a