Debts hopeful and desperate

Part I 11

Chapter 187 wordsPublic domain

The Pilgrims decide to emigrate to America § They obtain a patent and seek financial backing § Some London merchants offer to invest in the colony § 1620--Pilgrims and merchants form a joint stock company § Despite difficulties and controversy, the colonists set sail § Contrary to their patent, the Pilgrims settle at Plymouth § New Plymouth struggles with hardship and debt § Quarrels develop among the London merchants § The joint stock company breaks up § The Pilgrims agree to purchase the merchants’ interest in the company § The London investors were linked by common associations