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Beyshore, Paysor, & The Virginia Tobacco Company

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Beyshore, Paysor, & The Virginia Tobacco Company

$65
2 ratings

The Virginia Company refers collectively to two joint-stock companies chartered under James I on April 10, 1606[1][2][3] with the goal of establishing settlements on the coast of North America.[4] The two companies are referred to as the "Virginia Company of London" (or the London Company) and the "Virginia Company of Plymouth" (or the Plymouth Company), and they operated with identical charters in different territories. The charters established an area of overlapping territory in North America as a buffer zone, and the two companies were not permitted to establish colonies within 100 miles of each other. The Plymouth Company never fulfilled its charter, but its territory was claimed by England and became New England.

As corporations, the companies were empowered by the Crown to govern themselves. This right was passed on to the colony following the dissolution of the third Charter in 1621. The Virginia Company failed in 1624, but the right to self-government was not taken from the colony. The principle was established that a royal colony should be self-governing, and this is credited with forming the genesis of democracy in the company's reorganization as the District of Columbia, and later the US government. This treatise exposes the origins of the Moorish legacy involved in these transactions.  

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