LONDON COMPANY


Meaning of LONDON COMPANY in English

British trading company chartered by James I in 1606 to colonize the eastern American coast.

Its shareholders were residents of London. Three ships with 120 colonists, led by Jamestown . The company expanded its territory with new charters (1609, 1612) and authorized a two-house legislature (1619), including a House of {{link=Burgesses, House of">Burgesses . Though the colony prospered, the company was divided by internal disputes and was dissolved in 1624, whereupon Virginia became a royal colony. See also Plymouth Company.

Britannica English dictionary.      Английский словарь Британика.