jan 1, 1670 - King Charles II issues a Charter to Prince Rupert

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King Charles II issues a Charter to Prince Rupert and “the Company of Adventurers of England trading into Hudson Bay." Which will give them a monopoly over all the trade with in the area. In the charter it declared that, "for the discovery of a new Passage into the South sea and for the finding of some Trade for Furs Minerals and other considerable Commodities" In return as part of the rent ceremony the Hudsons Bay Company pays the Crown two elk and two black beaver. This ceremony takes place only four times. Later that year the Hudsons Bay Company appoints Charles Bayley as governor of Ruperts Land.

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