Plymouth Company

The Plymouth Company was an English joint-stock company founded in 1606 by James I of England. It was a company of Knights, merchants, adventurers, and planters of the cities of Bristol, Exeter and Plymouth. Its purpose was establishing settlements on the coast of North America, between 38 and 45 degrees north latitude, within 100 miles of the seaboard.[1] The merchants agreed to finance the settlers’ trip in return for repayment of their expenses plus interest out of the profits made.[2]

See also: Virginia Company § Plymouth Company
The 1606 grants by James I to the London and Plymouth companies. The overlapping area (yellow) was granted to both companies on the stipulation that neither found a settlement within 100 miles (160 km) of each other. The location of the Popham Colony is shown by "Po"

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]

See also

References
  1. 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
  2. ""First Charter of the Virginia Company of London,1606".
  3. "New England Charter of 1620".
  4. "Virginia Trading company".
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