Note 131 — Chapter III

These expeditions usually consisted of from two to four vessels, ranging from sixty-five to two hundred and fifty tons register each; and one or two pinnaces for the purpose of navigating shallow waters, ascending rivers and creeks, landing and shipping cargo, and so forth. They were, as a rule, fitted out and armed, ostensibly for protection, by a number of adventurers, who, having associated themselves together for the purpose, either chartered the requisite number of vessels, or found the capital to purchase and equip them for sea, the capital being divided into shares. Of these the person in charge of the expedition and the masters of the vessels generally held a considerable number. In a few instances, especially when the expedition consisted of only one vessel and a pinnace, the captain himself was the sole owner of ship and cargo. The rendezvous of these vessels after sailing from England was either Madeira or the Cape Verde Islands, whence they sailed wherever profit or plunder guided their course. Their profits in some instances were enormous.