granted the Guinée Company the Spanish Asiento and the company reorganised. Unlike any other chartered company before it, it included both the Spanish King and the French King as shareholders, for one-quarter of the total capital each, which amounted to 100,000 livres. The Asiento did not concern French Caribbean but Spanish America. In 1706, the English planters on Jamaica asked the Guinée company to supply them with slaves, but it was refused. December 2, 1711, Jacques Cassard obtained from the French king the command of a squadron of eight vessels and embarked on an expedition during which he plundered the Portuguese colony Cape Verde. He seized in particular fort Praia on Santiago, Cape Verde, the storehouse of the commerce. Then he set off to Montserrat and Antigua in the Caribbean before heading to the possessions of the Dutch. On 10 October 1712, Cassard attacked Suriname and Berbice, where demanded an amount of 300,000 guilders, which was paid in bills of exchange, slaves and goods. The negotiations with Suriname started, and on 27 October Cassard left with ƒ 747,350 (€8.1 million in 2018). Cassard returned to Martinique and set sail towards Sint Eustatius. Curaçao was occupied by Cassard from February 18 to 27, 1713, more substantial and richer than the previous ones, but it's also much better defended. The King abolished the Asiento Company's monopoly in 1713 and opened the trade south of the Sierra Leone River to French private traders from five specific port towns: Nantes, Bordeaux, La Rochelle, Le Havre and Saint-Malo. They paid a tax to the king for each enslaved African transported to the French West Indies upon their return to France. British: 1713–1750 After the introduction of the Trade with Africa Act 1697 the Royal African Company lost its monopoly and in 1708 it was insolvent. 1 May 1713–May 1743: South Sea Company received the Asiento for thirty years, The English contractor was required to advance 200,000 pesos (£45,000) to Philip for their share in the trade, to be paid in two equal installments, the first two months after the contract was signed, the second two months after the first. In addition, the company was allowed to send one ship of 500 tons annually to Portobello to engage in normal trade to avoid contraband. The 1713 Peace of Utrecht granted Britain an asiento de negros lasting 30 years to supply the Spanish colonies with 144,000 at