ContractsProf Blog

Editor: Myanna Dellinger
University of South Dakota School of Law

Sunday, April 26, 2009

Today in history: April 26

Aaa On this date in 1607, English employees of the privately held Virginia Company of London (left: the company seal) land at Cape Henry, Virginia, with the intent of founding a gold-mining operation. A month later they will found the first successful settlement of Jamestown.

They don't actually find any gold, but the settlement will endure, making the United States the first nation in history to be founded by a for-profit corporation.

[Frank Snyder]

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