King James I signs a royal charter authorizing the creation of the London Company, also known as the Charter of the Virginia Company of London. The joint stock company sought to establish British settlements in North America, successfully creating the Jamestown settlement the following year.
For over 75 years, American Heritage has chronicled our nation's history like no other publication. Please support our trusted, non-partisan historical writing and the volunteers that sustain it by donating today. We rely on contributions from readers like you to survive. Donate