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The company was permitted by its charter to establish a 100-square-mile (260 km 2) settlement within this area. The portion of the company's territory north of the 38th parallel was shared with the Plymouth Company, with the stipulation that neither company found a colony within 100 miles (161 km) of the other.
Thus, company towns in Catalonia have a history going back some 150 years; however, in almost all cases, the company that operated the colony has now shut down. The most common industry in these colonies was textiles, and the most important from the standpoint of architecture, urban design, and the complexity of their operation.
The company failed in 1624, following the widespread destruction of the Great Massacre of 1622 by indigenous peoples in the colony, which decimated the English population. On May 24, James dissolved the company and made Virginia a royal colony from England [ 11 ] with propertied male colonists retaining some representative-government through ...
Control over a corporate colony was granted to a joint-stock company, such as the Virginia Company. Virginia, Massachusetts, Connecticut and Rhode Island were founded as corporate colonies. New England's corporate colonies were virtually independent of royal authority and operated as republics where property owners elected the governor and ...
All English colonies were divided by the Crown via royal charters into one of three types of colony; proprietary colonies, charter colonies and Crown colonies. 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.
The colonies of Virginia, Rhode Island, Connecticut, and Massachusetts Bay were at one time or another charter colonies. The crown might revoke a charter and convert the colony into a crown colony. In a charter colony, Britain granted a charter to the colonial government establishing the rules under which the colony was to be governed.
The Massachusetts Bay Colony was founded by the owners of the Massachusetts Bay Company, including investors in the failed Dorchester Company, which had established a short-lived settlement on Cape Ann in 1623. The colony began in 1628 and was the company's second attempt at colonization.
The colonies of Virginia, Bermuda, and Maryland had strong Royalist sympathies, owing to their origins and demographics. Virginia, the oldest and third most populous colony, was turned into a crown colony in 1624 when the Royal charter of the Virginia Company was revoked.