in British American colonial history, joint stock company organized in 1620 by a charter from the British crown with authority to colonize and govern the area now known as New England. Drawing from landed gentry rather than merchants, the company was dominated by its president, Sir Ferdinando Gorges (Gorges, Sir Ferdinando), who intended to distribute the land as manors and fiefs among the council's 40 members with the idea of establishing a monolithic, aristocratic, Anglican province. This plan was unsuccessful, however, and New England colonization was dominated by two vigorous, Nonconformist, middle-class enterprises—the Pilgrims (1620) and the Massachusetts Bay Company (1629). To untangle confused land titles under the council and to resolve conflicting lines of political authority, the Massachusetts Bay Company took possession of its charter directly from the king, thus eliminating the Council for New England as an intermediary.