What is the meaning of [Good men and true]

Dependable men, of rank and honour. The phrase was adapted later to ‘twelve good men and true’, indicating the twelve (originally all men, now both sexes) of a criminal jury.
From Shakespeare’s Much Ado About Nothing, 1599:

DOGBERRY: Are you good men and true?
VERGES: Yea, or else it were pity but they should suffer salvation, body and soul.