France, and
Ireland, Defender of the Faith, &c. and the most serene and most potent
Prince Philip V the Catholick King of Spain, concluded at Utrecht, the
2/13 Day of July, 1713."

Art. XII. "The Catholick King doth furthermore hereby give and grant to
her Britannick majesty, and to the company of her subjects appointed for
that purpose, as well the subjects of Spain, as all others, being
excluded, the contract for introducing negroes into several parts of the
dominions of his Catholick Majesty in America, commonly called _el Pacto
de el Assiento de Negros_, for the space of thirty years successively,
beginning from the first day of the month of May, in the year 1713, with
the same conditions on which the French enjoyed it, or at any time might
or ought to enjoy the same, together with a tract or tracts of Land to
be allotted by the said Catholick King, and to be granted to the company
aforesaid, commonly called _la Compania de el Assiento_, in some
convenient place on the river of Plata, (no duties or revenues being
payable by the said company on that account, during the time of the
abovementioned contract, and no longer) and this settlement of the said
society, or those tracts of land, shall be proper and sufficient for
planting, and sowing, and for feeding cattle for the subsistence of
those who are in the service of the said company, and of their negroes;
and that the said negroes may be there kept in safety till they are
sold; and moreover, that the ships belonging to the said company may
come close to land, and be secure from any danger. But it shall always
be lawful for the Catholick King, to appoint an officer in the said
place or settlement, who may take care that nothing be done or practised
contrary to his royal interests. And all who manage the affairs of the
said company there, or belong to it, shall be subject to the inspection
of the aforesaid officer, as to all matters relating to the tracts of
land abovementioned. But if any doubts, difficulties, or controversies,
should arise between the said officer and the managers for the said
company, they shall be referred to the determination of the governor of
Buenos Ayres. The Catholick King has been likewise pleased to grant to
the said company, several other extraordinary advantages, which are more
fully and amply explained in the contract of the Assiento, which was
made and concluded at Madrid, the 26th day of the month of March, of
this present year 1713. W