what is the name of the joint stock company that founded jamestown
Virginia Company The Virginia Company refers collectively to two joint stock companies chartered by James I on 10 April 1606[1][2][3] with the goal of establishing settlements on the coast of North America.[4] The companies were called the "Virginia Company of London" (or the London Company) and the "Virginia Company of Plymouth" (or the Plymouth Company); they operated with identical charters but with differing territories. An area of overlapping territory was created within which the two companies were not permitted to establish colonies within one hundred miles of each other. The Plymouth Company never fulfilled its charter, but its territory was claimed by England and became New England.
House of Burgesses To encourage settlers to come to Virginia, in November, 1618 the Virginia Company's leaders gave instructions to the new Governor Sir George Yeardley, which became known as "the great charter."[4] Emigrants who paid their own way to Virginia would receive fifty acres of land and not be mere tenants. Civil authority would control the military. In 1619, based on the instructions, Governor Yeardley initiated the election 22 burgesses by the settlements and Jamestown, who, together with the royally-appointed Governor and six-member Council of State, would form the first General Assembly as a unicameral body. The governor could veto its actions and the Company still maintained overall control of the venture, but the settlers would have a limited say in the management of their own affairs, including their finances.[5] A House of Assembly was created at the same time in Bermuda (which had also been settled by the Virginia Company, and was by then managed by its offshoot, the Somers Isles Company) and held its first session in 1620.[citation needed]