per cent. and those remaining within the realm, to two and one-half per cent., for which
account must be rendered at the close of each year.

 (10) The Company is also permitted to have its own weights and measures,
and to use these in all cases although they must conform to those weights and
measures which are in use here in Copenhagen.

 (11) And since the said Company is an entirely new enterprise, and no one has
yet been placed in charge of it, and since it is highly necessary that persons be
appointed at once to take charge of the collecting of capital and of securing the
necessary goods [for the venture] [at the proper time], these persons are hereby
chosen and authorized to act as directors: Jens Juul chancery councilor and vice
president of the Board of Trade, Peter Pedersen Lerche, justice in the supreme court
and a member of the Board of Trade, and Hans Nansen, likewise a member of the
Board of Trade. To these three shall be added three of the Company's shareholders,
by a majority vote, as soon as a sufficient number of shareholders have joined the
Company. His Majesty has also ... granted the shareholders the right to fill vacancies
on the board of directors, provided the places are filled from among the stockholders
who have invested not less than 2,000 sidl. in the Company, all in accordance with
the proposals of the Rgglement drawn up by the Board of Trade.

 (12) The said Company is also to be allowed to have its own court, so that the
 directors may try and render judgment in all disputes and cases concerning
 themselves and their employees, which arise out of the [West] Indian trade; from which
 forum there shall be no appeal, except to the supreme court.

 (13) And all artisans, laborers and seamen who come from foreign places to
 enter the Company's service, shall enjoy the same treatment that his Majesty's
 subjects enjoy, and they as well as their surviving wives and children, shall be exempt
 from the payment of sixths and tenths when they receive a furlough from the Company
 and proceed out of the kingdom....

 (14) And inasmuch as the Company has need of men to build and defend the
 places and lodges which they need for their security, as well as for the peopling of the
 colonies and the cultivation and settling of the land, it is permitted to take two enlisted
 men from each company from among the strong, industrious men who are married and
 know some trade, and also as many as may be needed of those who have been
 condemned to prison or put in irons, for use on plantations or elsewhere; and of
 women, as many as may be desired from among those whose unseemly lives have
 brought them into prison or a house of correction.

 (15) The Company is also permitted, by royal favor, to have as much space as
 they may need for meetings, the safe-keeping of moneys, and for offices, in the upper
 part of the stock exchange, while for pack houses and magazine it is to have the vaults
 and space formerly occupied by the salt company, which places shall be assigned
 them by the Board of Trade.