Founding
Popham was a project of the Plymouth Company, which was one of the two competing parts of the proprietary Virginia Company that King James had a chartered in 1606 to raise private funds from investors in order to settle Virginia. At the time, the name "Virginia" applied to the entire northeast coast of North America from Spanish Florida to New France in modern-day Canada. At the time that area was technically under the claim of Spanish crown, but was not occupied by the Spanish.
The Plymouth Company was granted a royal charter and the rights to the coast between 38° to 45° N; the rival London Company was granted the coast between 34° and 41° N. The colonists were to plant first within their respective non-overlapping areas; the overlapping area between 38° and 41° would then go to the first company that proved "strong enough" to colonize it.
Read more about this topic: Popham Colony
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