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Plymouth Company, The (also called the Virginia Company of Plymouth)
Years: 1606 - 1620
The Plymouth Company is an English joint-stock company founded in 1606 by James I of England with the purpose of establishing settlements on the coast of North America.
The merchants offer a financial arrangement to the settlers, where the merchants agree to finance their trip and in return the settlers will have to repay their trip, through the profits made, with interest.
In 1620, after years of disuse, the company is revived and reorganized as the Plymouth Council for New England.
The Plymouth Company has forty patentees at this point, and establishes the Council for New England to oversee their efforts, but it stops operating in 1624.