Plymouth Company
The Plymouth Company, officially known as the Virginia Company of Plymouth, was a division of the Virginia Company with responsibility for colonizing the east coast of America between latitudes 38° and 45° N.[1]
 The 1606 grants by James I to the London and Plymouth companies. The overlapping area (yellow) was granted to both companies on the condition that neither found a settlement within 100 miles (160 km) of the other. Jamestown is noted by "J." The Spanish settlement of Saint Augustine, the French settlements of Québec and Port-Royal, and Popham are also shown | |
| Plymouth Company | |
| Type | Division of the Virginia Company |
| Industry | Maritime transport, trade |
| Founded | (10 April 1606) at Westminster, England |
| Founder | James I |
| Defunct | 24 May 1624 |
| Fate | Dissolved |
| Headquarters | , England |
Area served | New England |
| Products | Cash crops, timber |
History
The merchants agreed to finance the settlers’ trip in return for repayment of their expenses plus interest out of the profits made.[2] In 1620, after years of disuse, the company was revived and reorganized as the Plymouth Council for New England. With a new charter, the New England Charter of 1620.[3] The Plymouth Company had 40 patentees at that point, and established the Council for New England to oversee their efforts, but it stopped operating in 1624; that was when these former plantations were dissolved and became Royal Colonies.[4]
References
- John Patterson Davis (1905), Corporations: A Study of the Origin and Development of Great Business Combinations and of Their Relation to the Authority of the State, NY: G. P. Putnam's Sons, OCLC 82100178, OL 23545424M
- ""First Charter of the Virginia Company of London,1606".
- "New England Charter of 1620".
- "Virginia Trading company".