The London Company is an English joint-stock company of the 17th century, engaged in the colonization of North America, an integral part of the Virginia company .
The London company was founded thanks to the charter of King James I of 1606. The territory granted to it for colonization extended from the 34th parallel ( Cape Fier spit) to the 41st parallel ( Long Island Strait). In this area, the company had the right to arrange settlements with an area of ​​up to 100 square miles (260 km²). Since the zone allotted to the Plymouth company began to the north of the 38th parallel, it was stipulated that companies should not establish colonies closer than 100 miles from the colonies of another company.
On April 26, 1607, settlers brought by the vessels of the Company landed on the southern coast of the Chesapeake Bay , and named this place Cape Henry . The settlers then decided to move the settlement, and on May 24, 1607, they established the Jamestown settlement 40 miles upstream of the James River .
In 1609, the Plymouth company ceased to exist, and most of its land was transferred to the London company. Thus, the words “London Company” and “ Virginia Company ” have become synonymous.