Under its terms, those who intended to emigrate to the New World could purchase shares held by those shareholders who wanted to remain home. Thus the agreement was a precursor to the foundation of Boston, Massachusetts.
The Cambridge Agreement stipulated that the Massachusetts Bay Colony would be under local control in New England, rather than controlled by a corporate board based in London. Not all the shareholders of the Company had any intention of emigrating, despite their Puritan sympathies. In return for guaranteeing local control over the colony, the non-emigrating shareholders were bought out by the emigrating shareholders. John Winthrop led the Company's emigrating party following these negotiations and was elected Colonial Governor in October 1629.
The agreement guaranteed the Massachusetts Colony would be self-governing, answerable only to the English Crown. The Colony and the Company then became, to all intents and purposes, one and the same. Winthrop's Puritans carried this Charter across the Atlantic arriving at America in 1630.
Jones, Augustine (1900). The Life and Work of Thomas Dudley, the Second Governor of Massachusetts. Boston and New York: Houghton, Mifflin. OCLC 123194823.
Notes
see: Text of the Agreement
January 20, 2023
cambridge, agreement, signed, august, 1629, between, shareholders, massachusetts, company, cambridge, england, under, terms, those, intended, emigrate, world, could, purchase, shares, held, those, shareholders, wanted, remain, home, thus, agreement, precursor,. The Cambridge Agreement 1 was signed on August 29 1629 between the shareholders of the Massachusetts Bay Company at Cambridge in England Under its terms those who intended to emigrate to the New World could purchase shares held by those shareholders who wanted to remain home Thus the agreement was a precursor to the foundation of Boston Massachusetts The Cambridge Agreement stipulated that the Massachusetts Bay Colony would be under local control in New England rather than controlled by a corporate board based in London Not all the shareholders of the Company had any intention of emigrating despite their Puritan sympathies In return for guaranteeing local control over the colony the non emigrating shareholders were bought out by the emigrating shareholders John Winthrop led the Company s emigrating party following these negotiations and was elected Colonial Governor in October 1629 The agreement guaranteed the Massachusetts Colony would be self governing answerable only to the English Crown The Colony and the Company then became to all intents and purposes one and the same Winthrop s Puritans carried this Charter across the Atlantic arriving at America in 1630 12 Signatories Richard Saltonstall Thomas Dudley William Vassall Nicholas West Isaac Johnson John Humphrey Thomas Sharp Increase Nowell John Winthrop William Pynchon Kellam Browne William ColbronReferences Edit The Cambridge Agreement West Windsor Plainsboro Regional School DistrictFurther reading EditJones Augustine 1900 The Life and Work of Thomas Dudley the Second Governor of Massachusetts Boston and New York Houghton Mifflin OCLC 123194823 Notes Edit see Text of the Agreement Retrieved from https en wikipedia org w index php title Cambridge Agreement amp oldid 1065915969, wikipedia, wiki, book, books, library,
