Plymouth Company

Virginia Company of Plymouth
	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
Trade name	Plymouth Company
Industry	Maritime transport, trade
Founded	(10 April 1606) at Westminster, England
Founder	James I
Defunct	24 May 1624
Fate	Dissolved following transformation of areas into crown colony
Headquarters	London, England
Area served	New England
Products	Cash crops, timber

The Plymouth Company, officially known as the Virginia Company of Plymouth, was a company chartered by King James in 1606 along with the Virginia Company of London with responsibility for colonizing the east coast of America between latitudes 38° and 45° N.[1]

History

The merchants (with George Popham named in the patent[2]) agreed to finance the settlers’ trip in return for repayment of their expenses plus interest out of the profits made.[3] The Plymouth Company established the one-year Popham Colony in present-day Maine in 1607, the northern answer to Jamestown Colony. The Popham Colony was abandoned in 1608. In 1620, after years of disuse, the Plymouth Company was revived and reorganized as the Plymouth Council for New England with a new charter, the New England Charter of 1620.[4] 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.

The Council for New England was not dissolved until 1635 and issued several patents after 1624, including one to John Mason for New Hampshire and to New Plymouth Colony with the Bradford patent of 1630.

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
"Popham, George". www.encyclopedia.com. Retrieved 2 August 2022.
"First Charter of the Virginia Company of London,1606".
"New England Charter of 1620".

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[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] "Popham, George". www.encyclopedia.com. Retrieved 2 August 2022.

[”First-3] "First Charter of the Virginia Company of London,1606".

[New-4] "New England Charter of 1620".