Search results
Results from the WOW.Com Content Network
Under the proprietary system, individuals or companies (often joint-stock companies), known as proprietors, were granted commercial charters by the Crown to establish overseas colonies. These proprietors were thus granted the authority to select the governors and other officials in the colony.
A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, or colonization, or a combination of these.
The Massachusetts Bay Company, like other colonial joint-stock companies, was to be a corporate entity as well as a governmental one. The first settlers of the colony were Puritans who sought to create a society based on their religious beliefs unfettered from the Royal Anglican government of the Kingdom of England. The settlers were to be ...
A joint-stock company is a company owned by several, generally private, investors. They’re an in-between creation, held more closely than a public company but more widely traded than a partnership.
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). [ 1 ]
Each company was made up of investors, known as "adventurers", who purchased shares of company stock. The Crown granted a charter to each company with a monopoly to explore, settle, or trade with a particular region of the world. Profits were shared among the investors according to the amount of stock that each owned.
The Virginia Company was an English trading company chartered by King James I on 10 April 1606 with the objective of colonizing the eastern coast of America. The coast was named Virginia , after Elizabeth I , and it stretched from present-day Maine to the Carolinas .
The Council for New England was a 17th-century English joint stock company to which James I of England awarded a royal charter, with the purpose of expanding his realm over parts of North America by establishing colonial settlements. [1]