In June of 1606, King James I granted a charter to a group of London entrepreneurs, the Virginia Company, to establish a satellite English settlement in the Chesapeake region of North America. On May 14, 1607, the Virginia Company explorers landed on Jamestown Island to establish the Virginia English colony on the banks of the James River 60 miles from the mouth of the Chesapeake Bay.
The Jamestown Monument was erected for the tercentenary in 1907.
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