Ah, eminent domain in Buggland. Also flags.

Transcript:

A tall ship waits offshore as a bugg plants a flag on the beach. He’s clearly quite happy, waving to the camera (artist?).

The text reads: Munch 6th, 682 : “Ferdinand Buggellan lands on Buggnam. The natives are powerless to stop him from claiming the island as they do not have a flag.”