Virginia company charter. Virginia Company of London 2022-10-17
Virginia company charter
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The Virginia Company Charter, also known as the Charter of the Virginia Company of London, was a document issued by King James I in 1606 that granted the Virginia Company, a joint stock company, the right to establish a colony in the New World. The charter was designed to encourage the settlement of the Virginia colony and to provide a legal framework for the governance of the colony.
The Virginia Company was formed in 1606 by a group of English merchants who were interested in establishing a colony in the New World. The company was granted a royal charter by King James I, which granted it the right to establish a colony in the area that is now known as Virginia. The charter also granted the company the right to make laws and regulations for the colony, as well as the power to enforce those laws.
The Virginia Company Charter was an important document in the early history of the United States. It provided the legal basis for the establishment of the Virginia colony and helped to establish the colony as a viable and successful settlement. The charter also established the Virginia Company as the primary governing body of the colony, which helped to ensure that the colony was governed in an orderly and effective manner.
The Virginia Company Charter was also significant because it helped to establish the concept of joint stock companies in the New World. Joint stock companies were a new form of business organization that allowed individuals to pool their resources and invest in a common venture. The Virginia Company was one of the first joint stock companies to be established in the New World, and it played a key role in the development of the modern business world.
In conclusion, the Virginia Company Charter was a significant document in the early history of the United States. It granted the Virginia Company the right to establish a colony in the New World and provided a legal framework for the governance of the colony. The charter also helped to establish the concept of joint stock companies in the New World and played a key role in the development of the modern business world.
Third Charter of Virginia (1612)
What was the first charter of the Virginia Company? What was the purpose of the Virginia Charters? Why did the Virginia Company chose the inland site? And we do further, of our special grace, certain knowledge, and mere motion, for us, our heirs, and successors, grant by these presents, to and with the said treasurer and company, and their successors, that it shall be lawful and free for them, and their assigns, at all and every time and times hereafter, out of our realm of England, and out of all other our dominions, to take and lead into the said voyages, and for and towards the said plantation, and to travel thitherwards, and to abide and inhabit there in the said colony and plantation, all such and so many of our loving subjects, or any other strangers, that will become our loving subjects and live under our obedience, as shall willingly accompany them in the said voyage and plantation; with sufficient shipping, armour, weapons, ordinance, munition, powder, shot, victuals, and such merchandises or wares as are esteemed by the XIX. And we Do hereby Ordain and Grant by these presents that the Said Treasurer and Company of Adventurers and planters Aforesaid shall and may Once Every week or Oftenerat their Pleasure hold and keep a Court and assembly for the better Order and Government of the said Plantation and Such things as Shall concern the Same and that any five Persons of Our Counsel for the said first Colony in Virginia, for the time being of which Company the Treasurer or his Deputy to be alwaies One and the number of fifteen Others at the Least of the Generality of the Said Company assembled together in Such manner as is and hath been heretofore used and Accustomed Shall be said taken held and Reputed to be and shall be a Sufficient Court of the Said Company for the handling and Ordering and Dispatching of all such casual and particular occurrences and accidental matters of Less Consequence and Weight as Shall from time to time happen touching and concerning the said Plantation. Retrieved 24 September 2020. We have formerly by our letters-patents, bearing date the tenth day of April, in the fourth year of our reign of England, France, and Ireland, and of Scotland the nine and thirtieth, granted to II. They did not realize until too late that the English were more than temporary visitors. And that it shall be lawful for the said treasurer and company, and their successors, and every of them, from time to time, and at all times for ever hereafter, and they shall have full power and authority, to take and surprise, by all ways and means whatsoever, all and every person and persons whatsoever, with their ships, goods, and other furniture, trafficking in any harbour, creek, or place within the limits or precincts of the said colony and plantation, not being allowed by the said company to be adventurers or planters of the said colony, until such time, as they, being of any realigns and dominions under our obedience, shall pay, or agree to pay, to the hands of the treasurer, or of some other officer deputed by the said governor of Virginia over and above such subsidy or custom as the said company, is or hereafter shall be, to pay five pounds per cent. And we do further, by these Presents, for Us, our Heirs and Successors, GIVE AND GRANT unto the said Sir Thomas Gates, Sir George Sommers, Richard Hackluit, and Edward-Maria Wingfield, and to their Associates of the said first Colony and Plantation, and to the said Thomas Hanham, Ralegh Gilbert, William Parker, and George Popham, and their Associates of the said second Colony and Plantation, that they, and every of them, by their Deputies, Ministers, and Factors, may transport the Goods, Chattels, Armour, Munition, and Furniture, needful to be used by them, for their said Apparel, Food, Defence, or otherwise in Respect of the said Plantations, out of our Realms of England and Ireland, and all other our Dominions, from time to time, for and during the Time of seven Years, next ensuing the Date hereof, for the better Relief of the said several Colonies and Plantations, without any Customs, Subsidy, or other Duty, unto Us, our Heirs, or Successors, to be yielded or payed for the same.
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Virginia Company: Charter, Definition & History
And which by Our Letters Patents we may or Can Grant and in as ample manner and Sort as we or any our noble progenitors have heretofore Granted to any person or persons or to any Company Body Politick or Corporate or to any Adventurer or Adventurers Undertaker or Undertakers of any Discoveries Plantations or traffick of in or into any forrain Parts Whatsoever and in as Large and Ample manner as if the same were herein particularly named mentioned and Expressed Provided alwaies, that the said Islands or any the premises herein mentioned or by these presents intended or meant to be Granted be not actually possessed or inhabited by any Other Christian Prince or Estate nor be within the bounds limits or territories of the northern Colony heretofore by us Granted to be planted by Divers of our Loving Subjects in the north Parts of Virginia. They left several men behind on the archipelago to establish possession of it. JAMES, by the Grace of God, king of England, Scotland, France. Slavery in Virginia began with the capture and enslavement of Native Americans during the early days of the English The White Lion. Moreover, our gracious Will and Pleasure is, and we do, by these Presents, for Us, our Heirs, and Successors, declare and set forth, that if any Person or Persons, which shall be of any of the said Colonies and Plantations, or any other, which shall trick to the said Colonies and Plantations, or any of them, shall, at any time or times hereafter, transport any Wares, Merchandises, or Commodities, out of any of our Dominions, with a Pretence to land, sell, or otherwise dispose of the same, within any the Limits and Precincts of any of the said Colonies and Plantations, and yet nevertheless, being at Sea, or after he hath landed the same within any of the said Colonies and Plantations, shall carry the same into any other Foreign Country, with a Purpose there to sell or dispose of the same, without the Licence of Us, our Heirs, and Successors, in that Behalf first had and obtained; That then, all the Goods and Chattels of such Person or Persons, so offending and transporting together with the said Ship or Vessel, wherein such Transportation was made, shall be forfeited to Us, our Heirs, and Successors. The council in England then directed the settlers to appoint their own local council, which proved ineffective.
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What was important about the charter of the Virginia Company?
Sir Francis Wolly, Knt. 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 stated purpose of propagating the Christian religion. All which Lands, Tenements, and Hereditaments, so to be passed by the said several Letters-patent, shall be sufficient Assurance from the said Patentees, so distributed and divided amongst the Undertakers for the Plantation of the said several Colonies, and such as shall make their Plantations in either of the said several Colonies, in such Manner and Form, and for such Estates, as shall be ordered and set down by the Council of the said Colony, or the most Part of them, respectively, within which the same Lands, Tenements, and Hereditaments shall lye or be; Although express Mention of the true yearly Value or Certainty of the Premises, or any of them, or of any other Gifts or Grants, by Us or any of our Progenitors or Predecessors, to the aforesaid Sir Thomas Gates, Knt. Boundaries of the United States and the Several States; Geological Survey Professional Paper 909. The Virginia Company finally became profitable in 1611 when John Rolfe planted the first crop of tobacco in the colony. Sir Thomas Monson, Knt. .
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Second Charter of Virginia (1609)
And further, our Will and Pleasure is, that in all Questions and Doubts, that shall arise, upon any Difficulty of Construction or Interpretation of any Thing, contained in these, or any other our former Letters-patent, the same shall be taken and interpreted, in most ample and beneficial Manner for the said Treasurer and Company, and their Successors, and every Member thereof. Those who invested in the Virginia Company clearly hoped for this return of wealth, which was one of the major benefits of a joint stock company, as more money was pooled together for the possibility of more riches. At Jamestown, they found that more than 85-percent of the 500 colonists there had perished during the Sea Venture passengers had anticipated finding a thriving colony and had brought little food or supplies with them. And the seal for the council of the said second colony shall also have engraven, round about the one side thereof, the aforesaid words: Sigillum Regis Magnæ Britanniæ, Franciæ, and Hiberniæ; and on the other side; Pro Concilio secundæ Coloniæ Virginiæ: VIII. Provided always, and our Will and Pleasure is, and we do hereby declare to all Christian Kings, Princes, and States, that if any Person or Persons, which shall hereafter be of any of the said several Colonies and Plantations, or any other, by his, their or any of their Licence and Appointment, shall, at any time or times hereafter, rob or spoil, by Sea or by Land, or do any Act of unjust and unlawful Hostility, to any the Subjects of Us, our Heirs, or Successors, or any the Subjects of any King, Prince, Ruler, Governor, or State, being then in League or Amity with Us, our Heirs, or Successors, and that upon such Injury, or upon just Complaint of such Prince, Ruler, Governor, or State, or their Subjects, We, our Heirs, or Successors, shall make open Proclamation, within any of the Ports of our Realm of England, commodious for that Purpose, That the said Person or Persons, having committed any such Robbery or Spoil, shall, within the Term to be limited by such Proclamations make full Restitution or Satisfaction of all such Injuries done, so as the said Princes, or others, so complaining, may hold themselves fully satisfied and contended; And that, if the said Person or Persons, having committed such Robbery or Spoil, shall not make, or cause to be made, Satisfaction accordingly, within such Time so to be limited, That then it shall be lawful to Us, our Heirs, and Successors, to put the said Person or Persons, having committed such Robbery or Spoil, and their Procurers, Abetters, or Comforters, out of our Allegiance and Protection; And that it shall be lawful and free, for all Princes and others, to pursue with Hostility the said Offenders, and every of them, and their and every of their Procurers, Aiders, Abetters, and Comforters, in that Behalf. He sailed for England in July 1661 and succeeded, with the help of Lord Saye and Sele, Lord Brooke, and the Earl of Manchester, in securing a Charter for the colony in May 1662. One of the settlements, the Plymouth Colony, only lasted for about a year after it was established.
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What did the charters give the Virginia Company of London the right to do?
The Company, under the direction of its treasurer Sir Thomas Smith, was instructed to colonize land between the 34th and 41st northern parallel. Also we do, for us, our heirs, and successors, declare, by these presents, that all and every the persons, being our subjects, which shall dwell and inhabit within every or any of the said several colonies and plantations, and every of their children, which shall happen to be born within any of the limits and precincts of the said several colonies and plantations, shall have and enjoy all liberties, franchises, and immunities, within any of our other dominions, to all intents and purposes, as if they had been abiding and born, within this our realm of England, or any other of our said dominions. What Happened to the Virginia Company Once Jamestown Was Settled? Sir Richard Wigmore, Knt. And our further Will and Pleasure is, that the said Lottery and Lotteries shall and may be opened and held, within our City of London, or in any other City or Town, or elsewhere, within this our Realm of England, with such Prizes, Articles, Conditions, and Limitations, as to them, the said Treasurer and Company, in their Discretions, shall seem convenient: And it shall and may be lawful, to and for the said Treasurer and Company, to elect and choose Receivers, Surveyors, Auditors, Commissioners, or any other Officers whatsoever, at their Will and Pleasure, for the better marshalling, disposing, guiding, and governing of the said Lottery and Lotteries; And that it shall likewise be lawful, to and for the said Treasurer and any two of the said Council, to minister to all and every such Person, so elected and chosen for Offices, as aforesaid, one or more Oaths, for their good Behaviour, just and true Dealing, in and about the said Lottery or Lotteries, to the Intent and Purpose, that none of our loving Subjects, putting in their Names, or otherwise adventuring in the said general Lottery or Lotteries, may be, in any wise, defrauded and deceived of their said Monies, or evil and indirectly dealt withal in their said Adventures. The primary way the Jamestown colony made money for the Virginia Company was through the cultivation and exportation of tobacco. We do further, for Us, our Heirs, and Successors, of our especial Grace and Favour, by Virtue of our Prerogative Royal, and by the Assent and Consent of the Lords and others of our Privy Council, GIVE and GRANT, unto the said Treasurer and Company, full Power and Authority, free Leave, Liberty, and Licence, to set forth, erect, and publish, one or more Lottery or Lotteries, to have Continuance, and to endure and be held, for the Space of one whole Year, next after the opening of the same; And after the End and Expiration of the said Term, the said Lottery or Lotteries to continue and be further kept, during our Will and Pleasure only, and not otherwise. A joint stock company is a business organization with which investors pooled money in order to purchase stock in a company.
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Virginia Company of London
And We are further pleased, and We do by these Presents GRANT and CONFIRM, that Philip Earl of Montgomery, William Lord Paget, sir John Starrington, Knt. One of the settlements was the Plymouth Colony, which only lasted for about a year after it was established. And we Do further of Our Especial Grace Certain knowledge and mere motion for us Our heirs and Successors Give and Grant unto the said Treasurer and Company and their Sucessors for Ever by these presents. However, they did establish trade of various types. This principle was established that a royal colony should be self-governing, and this is credited with forming the genesis of American democracy. The Virginia Company was a way to earn back some of this wealth, as affluent Englishmen bought shares in the joint stock company, providing the funds to send the company to North America.
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Virginia Company Charter
And that nevertheless, for the handling, ordering, and disposing of Matters and Affairs of greater Weight and Importance, and such as shall or may, in any Sort, concern the Weal Publick and general Good of the said Company and Plantation, as namely, the Manner of Government from Time to Time to be used, the ordering and Disposing of the Lands and Possessions, and the settling and establishing of a Trade there, or such like, there shall be held and kept every Year, upon the last Wednesday, save one, of Hillary Term, Easter, Trinity, and Michaelmas Terms, for ever, one great, general, and solemn Assembly, which four Assemblies shall be stiled and called, The four Great and General Courts of the Council and Company of Adventurers for Virginia; In all and every of which said Great and General Courts, so assembled, our Will and Pleasure is, and we do, for Us, our Heirs and Successors, for ever, Give and Grant to the said Treasurer and Company, and their Successors for ever, by these Presents, that they, the said Treasurer and Company, or the greater Number of them, so assembled, shall and may have full Power and Authority, from Time to Time, and at all Times hereafter, to elect and chuse discreet Persons, to be of our said Council for the said first Colony in Virginia, and to nominate and appoint such Officers as they shall think fit and requisite, for the Government, managing, ordering, and dispatching of the Affairs of the said Company; And shall likewise have full Power and Authority, to ordain and make such Laws and Ordinances, for the Good and Welfare of the said Plantation, as to them from Time to Time, shall be thought requisite and meet: So always, as the same be not contrary to the Laws and Statutes of this our Realm of England; And shall, in like Manner, have Power and Authority, to expulse, disfranchise, and put out of and from their said Company and Society for ever, all and every such Person and Persons, as having either promised or subscribed their Names to become Adventurers to the said Plantation, of the said first Colony in Virginia, or having been nominated for Adventurers in these or any other our Letters-Patents, or having been otherwise admitted and nominated to be of the said Company, have nevertheless either not put in any adventure at all for and towards the said Plantation, or else have refused or neglected, or shall refuse and neglect to bring in his or their Adventure, by Word or Writing, promised within six Months after the same shall be so payable and due. And do therefore, for us, our heirs, and successors, grant and agree, that the said Sir Thomas Gates, Sir George Somers, Richard Hackluit, and Edward-Maria Wingfield, adventurers of and for our city of London, and all such others, as are, or shall be joined unto them of that colony, shall be called the first colony: and they shall and may begin their said first plantation and habitation, at any place upon the said coast of Virginia or America, where they shall think fit and convenient, between the said four and thirty and one and forty degrees of the said latitude; and that they shall have all the lands, woods, soil, grounds, havens, ports, rivers, mines, minerals, marshes, waters, fishings, commodities, and hereditaments, whatsoever, from the said first seat of their plantation and habitation by the space of fifty miles of English statute measure, all along the said coast of Virginia and America, towards the west and south-west, as the coast lyeth, with all the islands within one hundred miles directly over against the same sea coast; And also all the lands, soil, grounds, havens, ports, rivers, mines, minerals, woods, waters, marshes, fishings, commoditites, and hereditaments, whatsoever, from the said place of their first plantation and habitation for the space of fifty like English miles, all alongst the said coast of Virginia and America, towards the east and north-east, or towards the north, as the coast lyeth, together with all the islands within one hundred miles, directly over against the said sea coast; and also all the lands, woods, soil, grounds, havens, ports, rivers, mines, minerals, marshes, waters, fishings, commodities, and hereditaments, whatsoever, from the same fifty miles every way on the sea coast, directly into the main land by the space of one hundred like English miles; And shall and may inhabit and remain there; and shall and may also build and fortify within any the same, for their better safeguard and defence, according to their best discretion, and the discretion of the council of that colony; and that no other of our subjects shall be permitted, or suffered to plant or inhabit behind, or on the backside of them, towards the main land, without the express licence or consent of the council of that colony, thereunto in writing first had and obtained. Was Jamestown given a charter? And do, in like Manner, Grant and Agree, for Us, our Heirs, and Successors, to and with the said Thomas Hanham, Ralegh Gilbert, William Parker, and George Popham, and all others of the said second Colony, That We, our Heirs, and Successors, upon Petition in that Behalf to be made, shall, by Letters-patent under the Great Seal of England, GIVE and GRANT unto such Persons, their Heirs, and Assigns, as the Council of that Colony, or the most Part of them, shall, for that Purpose, nominate and assign, all the Lands, Tenements, and Hereditaments, which shall be within the Precincts limited for that Colony, as is aforesaid TO BE HOLDEN OF US, our Heirs, and Successors, as of our Manour of East-Greenwich in the County of Kent, in free and common Soccage only, and not in Capite. Retrieved 24 September 2020. Stained glass window depicting the coat of arms of the Virginia Company The Charter of the Virginia Company The charter of the Virginia Company was a document from King James I that granted approval for the Virginia Company to establish two settlements in the New World and granted the joint stock company the right to govern the colonies they established. And we do hereby ordain and grant by these Presents, that the said Treasurer and Company of Adventurers and Planters aforesaid, shall and may, once every week, or oftener, at their Pleasure, hold, and keep a Court and Assembly for the better Order and Government of the said Plantation, and such Things as shall concern the same; And that any five Persons of our Council for the said first Colony in Virginia, for the Time being, of which Company the Treasure, or his Deputy, to be always one, and the Number of fifteen others, at the least, of the Generality of the said Company, assembled together in such Manner, as is and hath been heretofore used and accustomed, shalt be said, taken, held, and reputed to be, and shall be a sufficient Court of the said Company, for the handling and ordering, and dispatching of all such casual and particular Occurrences, and accidental Matters, of less Consequence and Weight, as shall from Time to Time happen, touching and concerning the said Plantation.
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Virginia Company
Lukin Per breve de private Sigillo. It is an important document, because it guaranteed to the settlers who went to Jamestown and other Virginia settlements that they would always have the rights of Englishmen. Every colonial charter included similar provisions. IN Wetness whereof, we have caused these our Letters to be made Patent; Witness Ourself at Westminster, the tenth Day of April, in the fourth Year of our Reign of England, France, and Ireland, and of Scotland the nine and thirtieth. Of the 8 thousand settlers who migrated to Virginia, only 1,300 were alive in 1624. The charter of 1606 gave the Company rights to the area of the North American Atlantic coast between 34 and 41 degrees latitude; fifty miles inland and all islands up to one hundred miles out to sea. Moreover, we do, by these Presents, for Us, our Heirs, and Successors, GIVE AND GRANT Licence unto the said Sir Thomas Gates, Sir George Somers, Richard Hackluit, Edward-Maria Wingfield, Thornas Hanham, Ralegh Gilbert, William Parker, and George Popham, and to every of the said Colonies, that they, and every of them, shall and may, from time to time, and at all times forever hereafter, for their several Defences, encounter, expulse, repel, and resist, as well by Sea as by Land, by all Ways and Means whatsoever, all and every such Person or Persons, as without the especial Licence of the said several Colonies and Plantations, shall attempt to inhabit within the said several Precincts and Limits of the said several Colonies and Plantations, or any of them, or that shall enterprise or attempt, at any time hereafter, the Hurt, Detriment, or Annoyance, of the said several Colonies or Plantations: Giving and granting, by these Presents, unto the said Sir Thomas Gates, Sir George Somers, Richard Hackluit, Edward-Maria Wingfield, Thornas Hanham, Ralegh Gilbert, William Parker, and George Popham, and their Associates of the said second Colony, arid to every of them, from time to time, and at all times for ever hereafter, Power and Authority to take and surprise, by all Ways and Means whatsoever, all and every Person and Persons, with their Ships, Vessels, Goods, and other Furniture, which shall be found trafficking, into any Harbour or Harbours, Creek or Creeks, or Place, within the Limits ok Precincts of the said several Colonies and Plantations, not being of the same Colony, until such time, as they, being of any Realms, or Dominions under our Obedience, shall pay, or agree to pay, to the Hands of the Treasurer of that Colony, within whose Limits and Precincts they shall so traffick, two and a half upon every Hundred, of any thing so by them trafficked, bought, or sold; And being Strangers, and not Subjects under our Obeysance, until they shall pay five upon every Hundred, of such Wares and Merchandises, as they shall traffick, buy, or sell, within the Precincts of the said several Colonies, wherein they shall so traffick, buy, or sell, as aforesaid; WHICH Sums of Money, or Benefit, as aforesaid, for and during the Space of one and twenty Years, next ensuing the Date hereof, shall be wholly emploied to the Use, Benefit, and Behoof of the said several Plantations, where such Traffick shall be made; And after the said one and twenty Years ended, the same shall be taken to the Use of Us, our Heires, and Successors, by such Officers and Ministers as by Us, our Heirs, and Successors, shall be thereunto assigned or appointed.
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First Charter of Virginia (1606)
And nevertheless, our will and pleasure is, and we do, by these presents, charge, command, warrant and authorise, that the said treasurer, and company, or their successors, or the major part of them, which shall be present and assembled for that purpose, shall from time to time, under their common seal, distribute, convey, assign, and set over, such particular portions of lands, tenements, and hereditaments, by these presents formerly granted, unto such our loving subjects, naturally born, or denizens, or others, as well adventurers as planters, as by the said company upon a commission of survey and distribution, executed and returned for that purpose shall be nominated, appointed, and allowed; wherein our will and pleasure is, that respect be had, as well of the proportion of the adventurer, as to the special service, hazard, exploit, or merit of any person so to be recompensed, advanced, or rewarded. Sea Venture, which they named Deliverance and Patience. Sir Walter Cope, Knt. During the Age of Exploration, Europeans commonly thought that the ''New World'' was full of wealth because of gold, silver, or other luxuries. Now forasmuch as we are given to understand, that in those Seas adjoining to the said Coasts of Virginia, and without the Compass of those two hundred Miles by Us so granted unto the said Treasurer and Company as aforesaid, and yet not far distant from the said Colony in Virginia, there are or may be divers Islands lying desolate and uninhabited, some of which are already made known and discovered by the Industry, Travel, and Expences of the said Company, and others also are supposed to be and remain as yet unknown and undiscovered, all and every of which it may import the said Colony both in Safety and Policy of Trade to populate and plant; in Regard whereof, as well for the preventing of Peril, as for the better Commodity of the said Colony, they have been humble suitors unto Us, that We would be pleased to grant unto them an Enlargement of our said former Letters-patents, as well for a more ample Extent of their Limits and Territories into the Seas adjoining to and upon the Coast of Virginia, as also for some other Matters and Articles concerning the better government of the said Company and Colony, in which Point our said former Letters-Patents do not extend so far as Time and Experience hath found to be needful and convenient: We therefore tendering the good and happy Success of the said Plantation, both in Regard of the General Weal of human Society, as in Respect of the Good of our own Estate and Kingdoms, and being willing to give Furtherance unto all good Means that may advance the Benefit of the said Company, and which may secure the Safety of our loving Subjects planted in our said Colony, under the Favour and Protection of God Almighty, and of our Royal Power and Authority, have therefore of our especial Grace, certain Knowledge, and mere Motion, given, granted, and confirmed, and for Us, our Heirs and Successors, we do by these Presents give, grant, and confirm to the said Treasurer and Company of Adventurers and Planters of the city of London for the first Colony in Virginia, and to their Heirs and Successors for ever, all and singular those Islands whatsoever situate and being in any Part of the Ocean Seas bordering upon the Coast of our said first Colony in Virginia, and being within three Hundred Leagues of any of the Parts heretofore granted to the said Treasurer and Company in our said former Letters-Patents as aforesaid, and being within or between the one-and-fortieth and thirtieth Degrees of Northerly Latitude; together with all and singular Soils, Lands, Grounds, Havens, Ports, Rivers, Waters, Fishings, Mines and Minerals, as well Royal Mines of Gold and Silver, as other Mines and Minerals, Pearls, precious Stones, Quarries, and all and singular other Commodities, Jurisdictions, Royalties, Privileges, Franchises, and Preheminences, both within the said Tract of Land upon the Main, and also within the said Islands and Seas adjoining whatsoever and thereunto or thereabouts, both by Sea and Land being or situate; And which, by our Letters-Patents we may or can grant, and in as ample Manner as We or any our noble Progenitors have heretofore granted to any Person or Persons, or to any Company, Body Politick or corporate, or to any Adventurer or Adventurers, Undertaker or Undertakers of any Discoveries, Plantations, or Traffick, of, in, or into any foreign Parts whatsoever, and in as large and ample Manner as if the same were herein particularly named, mentioned, and expressed.
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Third Charter of Virginia
Sir Herbert Crofte, Knt. Faced with a colony that was rapidly losing the population needed to make it profitable, King James revoked the Virginia Company's charter and made Virginia a royal colony. The Charter of 1609 stipulates two distinct companies: that they should devide themselves into two colonies, the one consistinge of divers Knights, gentlemen, merchaunts and others of our cittie of London, called the First Collonie; and the other of sondrie Knights, gentlemen and others of the cities of Bristoll, Exeter, the towne of Plymouth, and other places, called the Second Collonie. Donations to the Trust are tax deductible to the full extent allowable under the law. Type Public Area served Virginia, Bermuda, New England Products Cash crops, Tobacco, Timber How did the Virginia Company make money? The other settlement approved in the charter was established at Jamestown. Colonial charters were approved when the king gave a grant of exclusive powers for the governance of land to proprietors or a settlement company.
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