Page:The Philippine Islands, 1493-1803 (Volume 03).djvu/256

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252
THE PHILIPPINE ISLANDS
[Vol. 3

present, the office of corredor de Lonxa[1] thereof, for the estates of the city, for such time, and no more, as may be our pleasure. And it is our wish that in said office be vested the jurisdiction and administration of the same according to and in such manner as our corredores de Lonxa have exercised and do exercise it, in the cities, towns, and villages of these our kingdoms and seigniories, as well as in those of our Indias, islands, and Tierra-Firme of the Ocean Sea; we will also that there be appointed for said office of corredor de Lonxa, the person or persons whom the city may see fit to appoint; and that the said person or persons through the said appointment, and by virtue of this, our decree, shall be authorized to enjoy and exercise the said office in all cases and matters pertaining to it, in such wise as the other corredores de Lonxa of the other cities, towns, and villages of these our kingdoms, and of our aforesaid Indias, enjoy and exercise it. And they shall enjoy the income and fees annexed and pertaining to the said office, provided that the income which said persons shall give each year be for the estates of said city, to be expended and distributed for the common welfare of the same, and not for any other thing—for which purpose we direct the present decree to be given, signed by my hand and countersigned by our secretary. Madrid, June twenty-one, one thousand five hundred and seventy-four.

I the King

[Endorsed: "Registered."]

  1. Corredor de Lonja (Lonxa) is undoubtedly a commission merchant: apparently the decree confers upon the city the right to appoint brokers of this class.—A. P. Cushing.