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A32727 A treatise touching the East-Indian trade, or, A discourse (turned out of French into English) concerning the establishment of a French company for the commerce of the East-Indies to which are annexed the articles and conditions, whereupon the said company for the commerce of the East-Indies is established.; Discours d'un fidèle sujet du Roy touchant l'establissement d'une Compagnie françoise pour le commerce des Indes Orientales. English Charpentier, M. (François), 1620-1702. 1664 (1664) Wing C3714; ESTC R13405 34,705 70

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Particulars in the said Company of what Nation soever shall be either Seized by the King or Confiscated to his Profit even although they be the Subjects of some Prince or State in open Hostility against his Majesty IV. That the Directors of the said Company shall not be molested either in their Persons or Estates for or concerning the Affairs of the said Company nor shall the Estate of the said Company be liable either to be made over or Seized upon the Accompt of any debt due to his Majestie from any of the Particular Members thereof V. That such Officers as shall have 20000 Livres in the said Company shal be dispensed their Residence to which otherwise they are obliged by his Majesties Declaration of December last at the Treasury-Offices and other ●laces of their Establishment enjoying all their Rights Allowances and Fees as if they were Present VI. That all such as shall have to the sum of 6000 Livres in the said Company shall enjoy the Privilege of Burgers in the Towns where they Live unless Paris Bourdeaux and Bayonne in which Places they shall not acquire their Freedome unlesse they have the Interest of at least Ten Thousand Livres in the said Company VII That all such as shall be willing to enter into the said Company shall be obliged to declare themselves within Six Moneths to Commence from the Reading and Registring of the Declaration in the Parliament of Paris after which time no more shall be admitted And They that shall have furnished their Parts and declared themselves accordingly shall have liberty within Three Months after the Registring of the said Declaration to Nominate and Establish one Moyety of the Directors of Paris for the Chamber General of the said Company and the Rest shall be named within the aforesaid Term of Six Months VIII That there shall be established a Chamber of Direction-General of the Affairs of the said Company in the Town of Paris only to consist of One and Twenty Directors and no more Twelve whereof to be of Paris and the other Nine of the Provinces to be Named and Chosen That is the Twelve by the Persons Concerned in the Town of Paris and the other Nine by the Interessed Persons in the said Provinces every one in his Division for every Town or Province shall have a Right of Nomination which shall be Ordered by the Chamber of Direction-General after the settlement of it in proportion of the Stock that every Town shall have brought into the said Company or otherwise as shall be thought Convenient and for the future the Elections shall be always made after this manner IX In the mean while till the said Company shall be Established as aforesaid for the first time the said Nine Directors for the Provinces shall be chosen and named by the Interessed Parties in the said Towns and Provinces Respectively but Provided that it may not be drawn into Consequence for the time to come That is to say One from each of the Towns of Rouen Nantes St. Malo Rochelle Bourdeaux Marseilles Tours Lyons and Dunkerque or such other Towns of the Kingdome as shall have the most Considerable Interest in the Company And in case that any of the said Towns shall be found without some Interessed Person in it there shall be Two named out of such other Town as shall be Chosen by the Six Directors named for Paris And it shall be lawfull for the Parties Interessed in each of the said Towns respectively to name their Caissier for the Receiving of their Moneys and Remitting them to the Cassier of the Town of Paris who shall be named for the first time by the said Six Directors of Paris and so to continue till the Chambers General shall be Established X. That none shall be Capable of being Directors but Merchants Trading and without Offices except such of the Kings Secretaries as have dealt formerly in Commerce Onely it shall be lawfull to admit Two Burgers into the number of the Directors although they have never meddled with Traffique Provided that they be Persons that have no Offices and that no more be taken into the said Chamber upon any ground whatsoever the Company being perpetually to consist at the least of Three Fourths of Negotiating Merchants and with out Offices Neither shall any man have a Vote in the Election of the Directors unlesse he has at least Ten thousands Livres in the Company Nor be chosen a Director for Paris without Twenty thousand Livres at least nor for the Provinces under Ten thousand Livres all in the Interest of the said Company XI That it shall be lawfull for the Chamber of Direction General to constitute Chambers of Particular Direction in such Numbers and Places as they shall finde most agreeable to the Interest and Benefit of the said Company and likewise to Regulate the Number of the Directers of the said Particular Chambers XII That all the Accompts of the Chambers of Direction particular of the Provinces shall be sent from Six months to Six Moneths to the Chamber of Direction Generall at Paris where the Accompt-Books shall be View'd Examined and Stated and the Profits afterward divided by the said Chamber of Direction General as they shall think meet XIII That the said Chambers of Direction General and Particular shall name such Officers as shall be found necessary for keeping the Cash Books and Papers of Accompts for Buying and Selling for taking Care of all Provisions and Equipage paying of Wages and other ordinary Expences every man in his Proper place XIV That the First Directors shall continue in Power for the First Seven Years after which time there shall be Two Changed every Year at Paris and One in the Other Chambers and the First Second Third Fourth and Fifth Changes of those that go out shall be made by Lot And in Case of Death of any of the Directors within the First Seven Years the other Directors shall have Power to fill that Vacancy with a new Choice and it shall be permitted to Chuse the same Director again after six Years Respite from the Execution of his Office Nor shall it be lawfull for Father and Son or Son in Law nor for Brothers and Brothers in Law to be Directors at the same time and his Majesty shall be further supplicated to Confer upon the said Directors Certain Titles of Honour and Priviledges that may descend to their Posterity XV. That the Directors of the said Chambers Generall and Particular shall Reside by Turns each man his Month to begin with the Antientest in each of them severally XVI That the said Chamber of Generall Direction shall be Empowred to make Statutes and Rules for the Benefit and Advantage of the said Company which in Case of need shall be most humbly presented to his Majesty for the obteyning of his Royall Confirmation XVII That the said Chamber shall make a General Accompt every Six Years