[Frederic Shonnard & W.W. Spooner (1900)] mencing the 1st of January, 1615, next ensuing, or sooner." During this three years' period it was not to be " permitted to any other per-son from the United Netherlands to sail to, navigate, or frequent the said newly discovered lands, havens, or places," "on pain of confisca-tion of the vessel and cargo wherewith infraction hereof shall be at-tempted, and a fine of 50,000 Netherland ducats for the benefit of the said discovers or finders." No obligation to settle the land was prescribed for the company, and, indeed, this charter was purely a concession to private gain-seek-ing individuals, involving no projected aims of state policy or colonial undertaking whatever, although wisely bestowed for but a brief pe-riod. Under the strictly commercial regime of the New Netherland Company other voyagWwere made, all highly successful in material results, the fur trade with the Indians still being the objective. That the scope of operations of these early Dutch traders comprehended the entire navigable portion of the Hudson River is sufficiently evidenced by the fact that two forts were erected near the site of Albany, one called Fort Nassau, on an island in the river, and the other Fort Orange, on the mainland. It is hence easily conceivable that not in-frequent landings were made by the bartering Dutchmen at the va-rious Indian villages on our Westchester shore in these first days of Hudson River commerce.