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When news reached England of the adventures of Sea Venture's survivors, the royal charter of the Virginia Company was extended to include Bermuda on the 12th of March, 1612, at Westminster, with the archipelago granted by the Crown unto the Treasurer and Company of Aduenturers and Planters of the Cittie of London for the first colony in Virginia.
Bermuda quickly became self-sufficient and its requirements were quite different from the still-struggling Jamestown. The shareholders consequently spun-off a second company to manage Bermuda separately. Called the Somers Isles Company, King James I granted it a Royal Charter in 1615, and Tucker was appointed to replace Moore as Governor.
Administration of the Somers Isles, alias Islands of Bermuda, was in fact transferred in 1615 to a spin-off of the Virginia Company of London titled the Company of the City of London for the Plantacion of The Somers Isles, which administered that colony until losing its royal charter in 1684. Bermuda remained strongly linked to Virginia (the ...
Charters can bestow certain rights on a town, city, university, or other institution. Colonial charters were approved when the king gave a grant of exclusive powers for the governance of land to proprietors or a settlement company. The charters defined the relationship of the colony to the mother country as free from involvement from the Crown.
A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent.Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, but since the 14th century have only been used in place of private acts to grant a right or power to an individual or a body corporate.
In the beginning of the European colonial era, trade companies such as the East India Company were the most common method used to settle new land. [1] That changed after Maryland's Royal Grant in 1632, when King Charles I granted George Calvert, 1st Baron Baltimore, proprietary rights to an area east of the Potomac River in exchange for a share of the income derived there.
Early English colonies were often proprietary colonies, usually established and administered by companies under charters granted by the monarch. The first "royal colony" was the Colony of Virginia, after 1624, when the Crown of the Kingdom of England revoked the royal charter it had granted to the Virginia Company and assumed control of the administration.
The largest number of surviving charters are diplomas, or royal charters, that granted privileges and rights, usually over land. The typical diploma had three sections: [7] protocol, corpus, and eschatocol. The protocol opened the charter by invoking God and enumerating the pious considerations for the King's act (proem).