they be, and in what part of the world soeuer they be, which before this time haue bene vnknowen to all Christians; we haue granted to them, and also to euery of them, the heires of them, and their deputies, and haue giuen them licence to set vp our banners and ensignes in euery village, towne, castle, isle, or maine land of them newly found.  And that the aforesayd Iohn and his sonnes, or their heires and assignes may subdue, occupy and possesse all such townes, cities, castles and isles of them found, which they can subdue, occupy and possesse, as our vassals, and lieutenants, getting vnto vs the rule, title, and iurisdiction of the same villages, townes, castles, and firme land so found. [Sidenote:  Bristol thought the meetest port for Westerne discoueries.] Yet so that the aforesayd Iohn, and his sonnes and heires, and their deputies, be holden and bounden of all the fruits, profits, gaines, and commodities growing of such nauigation, for euery their voyage, as often as they shall arriue at our port of Bristoll (at the which port they shall be bound and holden onely to arriue) all maner of necessary costs and charges by them made, being deducted, to pay vnto vs in wares or money the fift part of the capitall gaine so gotten. [Sidenote:  Freedome from custome.] We giuing and granting vnto them and to their heires and deputies, that they shall be free from all paying of customes of all and singular such merchandize as they shall bring with them from those places so newly found.  And moreouer, we haue giuen and granted to them, their heires and deputies, that all the firme lands, isles, villages, townes, castles and places whatsoeuer they be that they shall chance to finde, may not of any other of our subiects be frequented or visited without the licence of the foresayd Iohn and his sonnes, and their deputies, vnder paine of forfeiture aswell of their shippes as of all and singuler goods of all them that shall presume to saile to those places so found.  Willing, and most straightly commanding all and singuler our subiects aswell on land as on sea, to giue good assistance to the aforesayd Iohn and his sonnes and deputies, and that as well in arming and furnishing their ships or vessels, as in prouision of food, and in buying of victuals for their money, and all other things by them to be prouided necessary for the sayd nauigation, they do giue them all their helpe and fauour.  In witnesse whereof we haue caused to be made these our Letters patents.  Witnesse our selfe at Westminister the fift day of March, in the eleuenth yeere of our reigne.[10]

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Billa signata anno 13 Henrici septimi.

[Sidenote:  A record of the rolls touching the voyage of Iohn Cabot and Sebastian his sonne.] Rex tertio die Februarij, anno 13, licentiam dedit Ioanni Caboto, quod ipse capere possit sex naues Anglicanas, in aliquo portu, siue portibus regni Angliae, ita quod sint de portagio 200. doliorum, vel subtus, cum apparatu requisito, et quod recipere possint in dictas naues omnes tales magistros, marinarios, et subditos regis, qui cum eo exire voluerint, &c.