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The Plymouth Company was chartered by King James in 1606 with responsibility for colonizing the northern east coast of America. The merchants agreed to finance the settlers\\u2019 trip in return for repayment of their expenses plus interest out of the profits made. The Plymouth Company established the Popham Colony, in present-day Maine, the northern answer to the previously discussed Jamestown Colony, founded by the Virginia Company of London. The Popham Colony was named for its chief investor and Lord Chief Justice of England Sir John Popham who presided over the trials of Sir Walter Raleigh and the conspirators of the\\xa0Gunpowder Plot, including\\xa0Guy Fawkes.

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