Fur Trade and Fisheries a7 not actually possessed by any of the King’s subjects, even without title. All others were forbidden to in- trude upon this fishery on penalty of confiscation of their vessels and merchandise and 3000 livres fine, half to go to the Chapel of St. Louis de Chedabouc- tou, the other half to Gautier.*® This company had unusually hard luck from the beginning. Establishments were set up in all the is- lands, but the ship, Le Diligent, sent out in 1686 was so badly damaged that it had to put back to France empty, and the codfish was spoiled in the storehouse at Chedabouctou. Heavily in debt, the Company sent out in April, 1688, the St. Lowis, which was lost with the entire cargo in Les rades de la Rochelle. Another vessel was freighted from the same port with a new cargo, but on arriving in Acadia it also was captured in August, 1688, by the English, who set out from Boston, fell upon Chedabouctou, pillaged, burned, and carried off everything. It being a time of peace the pretext was put forward that these raiders were pirates. A second society was formed under pressure from the Sr. de Seignelay, including Perrot, once Gover- nor of Acadia, and Lagny. The society raised funds to the amount of 60,000 livres and equipped quite a fleet of vessels with arms, munitions, merchandise ; and proceeded to the site of the first establishment, which they found in complete possession of the Eng- lish. This expedition also was a dead loss, and the society as a result was ruined and dissolved. The only 8 F3 Vol. 50-51, pp. 2-4; C11 IT, Vol. 1, p. 851 and pp. 417-429. | : }