in place of them to
elect others exercising the lawfull trade of marchandise to bee of the sayd
Company. And that euery such person so expelled, remooued, or displaced by
consent of the sayd Gouernour and companie of marchants of Leuant, or the
more part of them, shall bee from thencefoorth vtterly disabled to take any
benefite by vertue of this priuilege, or any time after to bee admitted or
receiued againe into the same, any thing in these presents contained to the
contrary notwithstanding.

Provided alwayes, that if it shall hereafter appears to vs, our heires and
successours, that this graunt or the continuance thereof in the whole or in
any part thereof, shall not bee profitable to vs, our heires and
successours, or to this our realme, that then and from thencefoorth, vpon
and after eighteene moneths warning to bee giuen to the sayd companie by
vs, our heires and successours, this present graunt shall cease, bee voyd,
and determined to all intents, constructions and purposes.

And further of our speciall grace, certaine knowledge, and meere motion, we
haue condescended and graunted, and by these presents for vs, our heires
and successors, doe condescend and graunt to the sayde Gouernour and
companie of marchants of Leuant, that if at the ende of the sayd terme of
twelue yeeres it shall seeme meete and conuenient to the sayde Gouernour
and Companie, or any the parties aforesayd, that this present graunt shall
bee continued: And if that also it shall appear vnto vs, our heires and
successours, that the continuance thereof shall not bee preiudiciall or
hurtfull to this our realme, but that wee shall finde the further
continuance thereof profitable for vs, our heires and successours and for
our realme with such conditions as are herein mentioned, or with some
alteration or qualification thereof, that then wee, our heires and
successours at the instance and humble petition of the sayde Gouernour and
Companie, or any of them so suing for the same, and such other person and
persons our subiectes as they shall nominate and appoint, or shall bee by
vs, our heires and successours newly nominated, not exceeding in number
twelue, new letters patents vnder the great seale of England in due forme
of lawe with like couenants, graunts, clauses, and articles, as in these
presents are contained, or with addition of other necessarie articles or
changing of these in some partes, for, and during the full terme of twelue
yeeres then ne