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bill of adventure
noun
- a certificate made out by a merchant to show that goods handled by him and his agents are the property of another party at whose risk the dealing is done
Example Sentences
His patent for 300 acres, here, as Treasurer of Virginia, is dated in December, 1624, yet he was already "actually possessed" of this dividend, 100 acres of which was for a bill of adventure for a share of Company stock and 200 for the transportation of four persons to Virginia in 1621.
Out of the number of people who purchased a share in the company and thereby received a bill of adventure, Alexander Brown in his Genesis of the United States estimated that about one-third came to Virginia and took up their land claim; approximately one-third sent over agents, or in some cases heirs, to benefit by the grants; and the remaining one-third disposed of their shares to others who occupied the lands.
From a bill of adventure that goes back to 1608, the nature of the promise of land is revealed in the agreement between Henry Dawkes and Richard Atkinson, clerk of the Virginia Company.
Fortunately the bill of adventure of 1608 was recorded with the patent by Governor John Harvey in 1632 to William Dawkes, son and heir of Henry Dawkes.
The commitments in the bill of adventure were as follows: Whereas Henry Dawkes now bound on the intended voyage to Virginia hath paid, in ready money, to Sr. Thomas Smith Kt. treasurer for Virginia the some of twelve pounds tenn shillings for his adventure in the voyage to Virginia.
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