Proprietary companies obtained royal charters from the king to colonize new world. A royal charter was a legal document that granted the company the right to establish a colony in a specific region of the New World. The charter would specify the boundaries of the colony, the rights and privileges of the company, and the obligations of the company to the crown.
Royal charters were granted to a variety of individuals and organizations, including:
* Adventurers: These were individuals who were willing to risk their own money and resources to establish a colony in the New World.
* Trading companies: These were companies that were formed for the purpose of trading with the Native Americans and other peoples of the New World.
* Religious groups: These were groups of people who were seeking religious freedom in the New World.
The first royal charter for a colony in the New World was granted to the Virginia Company of London in 1606. This charter established the Jamestown colony in Virginia, which was the first permanent English settlement in North America.
Royal charters continued to be granted throughout the 17th and 18th centuries. By the end of the 18th century, there were 13 British colonies in North America.
Royal charters were an important part of the colonization of the New World. They provided the legal framework for the establishment of colonies and helped to ensure that the colonies were loyal to the British crown.