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Massachusetts Bay Company

World Encyclopedia | 2005 | Copyright

Massachusetts Bay Company English company chartered in 1629. Its purpose was trade and colonization of the land between the Charles and Merrimack rivers in North America. A group of Puritans, led by John Winthrop, gained control of the company and founded the Massachusetts Bay Colony in 1630. They took the company's charter with them to Massachussetts and thus enjoyed considerable autonomy. Within a decade, c.20,000 people, mainly English Puritans, had settled in the colony.

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