Map of the original grants of village lots from the Dutch West India Company to the inhabitants of New-Amsterdam (now New-York) lying below the present line of Wall Street : Grants commencing A.D. 1642

Geoctroyeerde Westindische Compagnie, or Dutch West India Company, was a chartered company (known as the "WIC") of Dutch merchants. Among its founding fathers was Willem Usselincx (1567–1647). On June 3, 1621, it was granted a trade monopoly in the West Indies (meaning the Caribbean) by the Republic of the Seven United Netherlands and given jurisdiction over the Atlantic slave trade, Brazil, the Caribbean, and North America. The intended purpose of the charter was to eliminate competition, particularly Spanish or Portuguese, between the various trading posts established by the merchants. The company became instrumental in the Dutch colonization of the Americas. Some historians date the origins of the firm to the 1500s with arrivals of colonial settlers in what is now called New York long before the English at Jamestown, Virginia. The WIC was organized similarly to the Dutch East India Company (Dutch: Vereenigde Oost-Indische Compagnie, abbreviated as VOC). Like the VOC, the WIC company had five offices, called chambers (kamers), in Amsterdam, Rotterdam, Hoorn, Middelburg and Groningen, of which the chambers in Amsterdam and Middelburg contributed most to the company. The board consisted of 19 members, known as the Heeren XIX (the Lords Nineteen). The company was initially relatively successful; in the 1620s and 1630s, many trade posts and colonies were established. The largest success for the WIC in its history was the seizure of the Spanish silver fleet, which carried silver from Spanish colonies to Spain, by Piet Heyn in 1628; privateering was at first the most profitable activity. In 1629 the WIC gave permission to a number of investors in New Netherlands, which included New Amsterdam, covered parts of present-day New York, Connecticut, Delaware, and New Jersey. The settlers had little success with populating the colony of New Netherland, and to defend themselves against local Indians. The main focus of the WIC now went to Brazil and in 1630 the West India Company conquered a part of Brazil. Due to the Peace of Westphalia the hijacking of Spanish ships was no longer allowed. Merchants from Amsterdam and Zeeland decided to work with marine and merchants from Hamburg, Glückstadt (then Danish), England and other countries. In 1663 and 1664 the WIC sold more enslaved Africans than the Portuguese and English together. The first West India Company suffered a long agony and ended in 1674. The Collection includes Dutch maritime prints of the time period.

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In May 1624, the first settlers in New Netherland arrived on Noten Eylandt (Nut or Nutten Island, now Governors Island) aboard the ship New Netherland. Dutch West India Company wanted to protect the entrance to the Hudson River and sponsored 30 families to move from Nut Island to Manhattan Island, where a citadel to contain Fort Amsterdam was being laid out. By the end of 1625, the site had been staked out and by 1628, a small fort was built with walls containing a mixture of clay and sand. The fort also served as the center of trading activity. In the 1630s and 1640s, New Amsterdam had a population of about 270 people. Settlers built mills and in 1642 a stone church was built within the fort. New Amsterdam received municipal rights on February 2, 1653. On August 27, 1664, while England and the Dutch Republic were at peace, four English frigates sailed into New Amsterdam's harbor and demanded New Netherland's surrender. This was swiftly followed by the Second Anglo-Dutch War and in 1665, New Amsterdam was reincorporated under English law as New York City, named after the Duke of York (later King James II). He was the brother of the English King Charles II, who had been granted the lands. In July 1673, during the Third Anglo-Dutch War, the Dutch briefly and quickly occupied New York City and renamed it New Orange. In 1674, the city was relinquished to the English and the name reverted to "New York".

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