Cambridge Agreement
The Cambridge Agreement.
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.
Background
In 1620, the Charter of New England established the
Joint Stock Company.[2]
Impact of agreement
The Cambridge Agreement stipulated that the
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
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 Colbron
References
- ^ The Cambridge Agreement, West Windsor-Plainsboro Regional School District
- ^ Thorpe, Francis Newton (18 December 1998). "The Charter of New England : 1620". avalon.law.yale.edu. Yale University. Retrieved 16 June 2023.
Further reading
- Jones, Augustine (1900). The Life and Work of Thomas Dudley, the Second Governor of Massachusetts. Boston and New York: Houghton, Mifflin. OCLC 123194823.