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The London company was the group of investors that sent the 104 men to Jamestown in 1607. The purpose was to look for gold and come home. They were never meant to be colonists. Within six months of arriving in Virginia only 34 men were alive. Disease and starvation took them and the area had bad water and was in a Native American empire of 15,000.

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6y ago
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13y ago

It gave settlers the rights of Englishmen in Jamestown. It was written in 1606 and was revised twice in 1609 and 1612. Think of this as a contract between the king and the settlers. The person who wrote it was King James the First.

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16y ago

For profit

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Q: Why were the Virginia company of London important?
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Related questions

What company founded Virginia?

Virginia Company of London, also known as London Company, founded Virginia. This company was chartered by King James I of England.


What two joint -stock companies were established in 1601?

the Virginia company of London and the Virginia company of Plymouth


How did the London company travel to Virginia?

The London Company came to Virginia by boat across the Atlantic Acean..


Who formed the Virginia company and when?

James I charted in on April 10, 1606 as a joint stock company with the Virginia Company of London and the Virginia Company of Plymouth, a.k.a. The London Company and the Plymouth Company.


When did The London Company found it?

London company found Virginia in 1607.


Who was the king of England who gave a charter to the Virginia company?

England granted the Virginia Company of London a charter to explore Virginia. The Virginia Company of London founded the Jamestown colony.


Which company paid for the settling of Virginia?

The London Company


What company started Jamestown?

the London company of Virginia.


Who established Virginia?

The London Company.


Was given permission by James you to settle and trade in Virginia?

The Virginia Company of London (otherwise known as the London Company), under the leadership of Bartholomew Gosnold, was given permission by James I of England to settle and trade in Virginia. This company was a subsidiary of the larger Virginia Company that also owned the Plymouth Company that settle Massachusetts.


The London Company and the Plymouth Company merged to form the?

Virginia Company


What was the main purpose of the Virginia London Company?

First issued in 1606, by England's King James, the Charters of the Virginia Company of London garanteed to the settlers who went to Jamestown and other Virginia settlements the same rights as Englishmen.