West India Company
Apparently some disputes arose between the Van Peere family and the Second Dutch West India Company, which was founded to succeed the First Dutch West India Company that went bankrupt in 1674. The Dutch West India Company was given the monopoly on trade with the West Indies, which conflicted with Van Peere's charter. This was resolved when on 14 September 1678 a charter was signed which established Berbice as a hereditary fief of the Dutch West India Company, in the possession of the Van Peere family.