And that the sayde Governour and companie of Marchantes of the Leuant, or the greater part of them for the better gouernement of the sayde fellowshippe and companie, shall and may within fortie dayes next and immediatly following after the date hereof, and so from hence foorth yeerely during the continuance of this our graunt, assemble themselues in some conuenient place, and that they or the greater parte of them being so assembled, shall and may elect, ordaine, nominate, and appoint twelue discreete and honest persons of the sayde companie to be assistants to the sayde Gouernour, and to continue in the sayde office of assistants, vntill they shall die or bee remoued by the sayde Gouernour and companie or the greater part of them. And if it happen the sayde assistantes or any of them to die, or be remooued from their sayde office at anie time during the continuance of this our graunt: that then and so often it shall and may bee lawfull to and for the sayde Gouernour and companie of marchantes of the Leuant, or the greater part of them to elect and chuse one or more other persons of the sayd companie into the place or places of euery such person or persons so dying or happening to be remooued, as is aforesayde. And wee will and ordaine that the same person or persons so as is aforesaide to be elected shall be of the sayd number of assistants of the sayde companie. And this to be done so often as the case shall so require. And that it shall and may be lawfull to and for the sayde Edwarde Orborne Knight, George Barne Knight,


