Company Of Merchant Adventurers To New Lands
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Company Of Merchant Adventurers To New Lands
The Company of Merchant Adventurers to New Lands was an early joint stock association, which began with private exploration and enterprise, and was to have been incorporated by King Edward VI Edward VI (12 October 1537 – 6 July 1553) was King of England and Ireland from 28 January 1547 until his death in 1553. He was crowned on 20 February 1547 at the age of nine. Edward was the son of Henry VIII and Jane Seymour and the first E ... in 1553, but received its full royal charter in 1555. It led to the commencement of English trade with Russia, Persia and elsewhere, and became known informally, and later formally, as the Muscovy Company. First phase The Company was formed in London in about 1551 by Richard Chancellor, Sebastian Cabot (explorer), Sebastian Cabot and Sir Hugh Willoughby (sea captain), Hugh Willoughby. Some 240 ''adventurers'' (investors) purchased shares at £25 each and a royal charter was prepared for their company under Edward VI of England, King Edward in 1 ...
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Edward VI
Edward VI (12 October 1537 – 6 July 1553) was King of England and Ireland from 28 January 1547 until his death in 1553. He was crowned on 20 February 1547 at the age of nine. Edward was the son of Henry VIII and Jane Seymour and the first English monarch to be raised as a Protestant. During his reign, the realm was governed by a regency council because he never reached maturity. The council was first led by his uncle Edward Seymour, 1st Duke of Somerset (1547–1549), and then by John Dudley, 1st Earl of Warwick (1550–1553), who from 1551 was Duke of Northumberland. Edward's reign was marked by economic problems and social unrest that in 1549 erupted into riot and rebellion. An expensive war with Scotland, at first successful, ended with military withdrawal from Scotland and Boulogne-sur-Mer in exchange for peace. The transformation of the Church of England into a recognisably Protestant body also occurred under Edward, who took great interest in religious matters. His fat ...
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