Article: Trading Companies

TRADING COMPANIES

TRADING COMPANIES played an important part in colonial American settlement. Six incorporated British companies established settlements: the Virginia Company at Jamestown (1606), the London and Bristol Company at Sagadahoc (1610), the Council for New England at Newfoundland (1620), the Bermuda Company at Bermuda (1622), the Massachusetts Bay Company at Salem (1629), and the Old Providence Company at Old Providence (1630). The Dutch used a similar organization to plant their settlement in New Netherland at New Amsterdam.

There were two types of trading companies: jointstock and associates. Joint-stock companies were legally incorporated by the crown by royal charter. ...

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