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The Virginia Company
 

The Virginia Company

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    The Virginia Company The Virginia Company Presentation Transcript

    • The Virginia Company
    • Plymouth Company On April 10, 1606 a pair of English joint stock companies were chartered by King James 1 of England to establish settlements on the coast of North America. The two companies were called the London Company and the Plymouth Company. The companies had identical charters but were to operate in separate territories, there was an area of overlapping territory but the companies were not permitted to establish colonies within one hundred miles of each other. The Plymouth Company was responsible for the northern territory off the coast of North America. Although the Plymouth Company did establish a settlement named the Popham Colony in what is now present day Maine, it abandoned its efforts after just about a year and the Plymouth Company cease to operate there after.
    • London Company (Virginia Company) The London Company was Although the colonies responsible for the territory established by the Virginia south of the Plymouth Company Company were a success in off the coast of North America. establishing new trades between By 1607 the London Company North America and Europe, the had established a settlement companies shareholders in called Jamestown in present day London were disappointed that Virginia. With the abandonment valuable resources such as gold of the Plymouth Company in the or silver were never discovered. northern territory the London The company did find large Company was given a new profits when they introduced charter which added the western tobaccos to the Plymouth Company territory to European world which was their its own and was then known as strongest export. the Virginia Company. By 1634 King James dissolved the company and made Virginia a royal company.