Virginia Company of London
See also: Colony of VirginiaAfter the death of Queen Elizabeth I, in 1603 King James I assumed the throne of England. After years of war, England was strapped for funds, so he granted responsibility for England's New World colonization to the Virginia Company, which became incorporated as a joint stock company by a proprietary charter drawn up in 1606. There were two competing branches of the Virginia Company and each hoped to establish a colony in Virginia in order to exploit gold (which the region did not actually have), to establish a base of support for English privateering against Spanish ships, and to spread Protestantism to the New World in competition with Spain's spread of Catholicism. Within the Virginia Company, the Plymouth Company branch was assigned a northern portion of the area known as Virginia, and the London Company area to the south.
Read more about this topic: History Of Virginia
Famous quotes containing the words company and/or london:
“... possibly there is no needful occupation which is wholly unbeautiful. The beauty of work depends upon the way we meet it—whether we arm ourselves each morning to attack it as an enemy that must be vanquished before night comes, or whether we open our eyes with the sunrise to welcome it as an approaching friend who will keep us delightful company all day, and who will make us feel, at evening, that the day was well worth its fatigues.”
—Lucy Larcom (1824–1893)
“The Thirties dreamed white marble and slipstream chrome, immortal crystal and burnished bronze, but the rockets on the Gernsback pulps had fallen on London in the dead of night, screaming. After the war, everyone had a car—no wings for it—and the promised superhighway to drive it down, so that the sky itself darkened, and the fumes ate the marble and pitted the miracle crystal.”
—William Gibson (b. 1948)