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The Virginia Company was an English trading company chartered by King James I on 10 April 1606 with the objective of colonizing the eastern coast of America. The coast was named Virginia , after Elizabeth I , and it stretched from present-day Maine to the Carolinas .
In December 1606, the Virginia Company's three ships, containing 105 men and boys as passengers and 39 crew members, [12]: 601–602 set sail from Blackwall, London and made landfall on 26 April 1607 at the southern edge of the mouth of what they named the James River on the Chesapeake Bay.
Map showing the grants provided for in the Charter of 1606. The First Charter of Virginia, also known as the Charter of 1606, is a document from King James I of England to the Virginia Company assigning land rights to colonists for the creation of a settlement which could be used as a base to export commodities to Great Britain and create a buffer preventing total Spanish control of the North ...
Painting of John Smith and colonists landing in Jamestown. On 4 May [O.S. 14 May] 1607, 105 to 108 English men and boys (surviving the voyage from England) established the Jamestown Settlement for the Virginia Company of London, on a slender peninsula on the bank of the James River.
[166] The Source helped pave the way for future online service providers including another Virginia company founded by von Meister, America Online (AOL). AOL became the largest provider of Internet access during the Dial-up era of Internet access. AOL maintained a Virginia headquarters until the then-struggling company moved in 2007.
The Virginia and Massachusetts charters were given to business corporations. Regular meetings of company officers and stockholders were the only governmental institutions required. The Virginia charter, issued in 1606, and revised in 1609 and 1612, was revoked upon bankruptcy of the sponsoring and organizing Virginia Company of London in 1624.
The Plymouth Company was funded by wealthy investors from Plymouth, Bristol, and Exeter such as Sir John Popham and Sir Ferdinando Gorges. [2] Competition between the two branches with overlapping territory was intended to motivate efficient settlement, but only the Virginia Company succeeded in establishing a permanent colony.
The Ohio Country, showing present-day U.S. state boundaries. The Ohio Company, formally known as the Ohio Company of Virginia, was a land speculation company organized for the settlement by Virginians of the Ohio Country (approximately the present U.S. state of Ohio) and to trade with the Native Americans.