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Plymouth Company

 

(1606 – 09) Commercial trading company chartered by the English crown to colonize the eastern coast of North America in present-day New England. Also called the Virginia Colony of Plymouth, its shareholders were merchants of Plymouth, Bristol, and Exeter. Its twin company was the more successful London Company. The Plymouth Company established a colony on the coast of Maine in 1607 but soon abandoned it. Inactive after 1609, it was reorganized under a new charter in 1620 as the Council for New England. See also chartered company.

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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"

The Plymouth Company (the Plymouth Adventurers, also called the Virginia Company of Plymouth or simply Virginia Bay Company) was an English joint stock company founded in 1606 by James I of England with the purpose of establishing settlements on the coast of North America.

The Plymouth Company was one of two companies, along with the London Company, chartered with such a purpose as part of the Virginia Company. In form it was similar to the Company of Merchant Adventurers of London. The territory of the company was the coast of North America from the 38th parallel to the 45th parallel, but being part of the Virginia Company and Colony, The Plymouth Company owned a large portion of Atlantic and Inland Canada. The portion of company's area south of the 41st parallel overlapped that of the London Company, with the stipulation being that neither company could found a settlement within 100 miles (160 km) of an existing settlement of the other company.

In 1607, the company established the Popham Colony at the mouth of the Kennebec River in present-day Maine. The settlement was founded in the same year that the London Company had established the Jamestown Settlement, but unlike Jamestown, the Popham settlement was abandoned after only one year.

The company thus fell into disuse and in 1609, the Virginia Colony charter was reorganized to grant the London Company exclusive rights to most of the previously shared territory along the coast.

In 1620, after years of disuse, the company was revived and reorganized as the Plymouth Council for New England. The Plymouth Company had 40 patentees at that point, and established the Council for New England to oversee their efforts. The leading merchant-adventurer of the new company was Sir Ferndinando Gorges. Another patentee and member of the Council was Capt. Christopher Levett, an explorer, writer and naval captain who would attempt his own settlement at present-day Portland, Maine.[1]

References

  1. ^ Baptisms and Admission from the Records of First Church in Falmouth, now Portland, Maine, with Appendix of Historical Notes, Marquis F. King, Maine Genealogical Society, Portland, Maine, 1898

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Britannica Concise Encyclopedia. Britannica Concise Encyclopedia. © 2006 Encyclopædia Britannica, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Plymouth Company" Read more

 

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