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King James And The Virginia Company: The Virginia Company

Satisfactory Essays

During King James I reign in 1606, he created a company called the Virginia Company. This company was joint-stock which means that anyone could by shares or part ownership of the company. This company had two separate sections, one was the First Colony of London and the other was the Second Colony of Plymouth. King James created this company so that the settlers could bring Christianity to the Indians. Even though King James’ main focus for the company was religion, many stockholders saw this as an opportunity. However, not many people saw this as an opportunity to grow tobacco, which is what the Virginia Company became. The first colony of the Virginia Company was founded in Virginia. They settled near a river which they called the

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