Pioneers of the Old South, page 39 by Mary Johnston
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609 under new letters patent was born the Virginia Company.
The members and shareholders in this corporation touch through and through the body of England at that day. First names upon the roll come Robert Cecil, Thomas Howard, Henry Wriothesley, William Herbert, Henry Clinton, Richard Sackville, Thomas Cecil, Philip Herbert--Earls of Salisbury, Suffolk, Southampton, Pembroke, Lincoln, Dorset, Exeter, and Montgomery. Then follow a dozen peers, the Lord Bishop of Bath and Wells, a hundred knights, many gentlemen, one hundred and ten merchants, certain physicians and clergymen, old soldiers of the Continental wars, sea-captains and mariners, and a small host of the unclassified. In addition shares were taken by fifty-six London guilds or industrial companies. Here are the Companies of the Tallow and Wax Chandlers, the Armorers and Girdlers, Cordwayners and Carpenters, Masons, Plumbers, Founders, Poulterers, Cooks, Coopers, Tylers and Brick Layers, Bowyers and Vinters, Merchant Taylors, Blacksmiths and Weavers, Mercers, Grocers, Turners, Gardeners, Dyers, Scriveners, Fruiterers, Plaisterers, Brown Bakers, Imbroiderers, Musicians, and many more.
The first Council appointed by the new charter had fifty-two members, fourteen of whom sat in the English House of Lords, and twice that number in the Commons. Thus was Virginia well linked to Crown and Parliament.
This great commercial company had sovereign powers within Virginia. The King should have his fifth part of all ore of gold and silver; the laws and religion of England should be upheld, and no man let go to Virginia who had not first taken the oath of supremacy. But in the wide field beside all this the President--called the Treasurer -and the Council, henceforth to be chosen out of and by the whole body of subscribers, had full sway. No longer should there be a second Council sitting in Virginia, but a Governor with power, answerable only to the Company at home. That Company might tax and legislate within the Virginian field, punish the ill-do