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History of the United States by Mary Ritter Beard;Charles A. Beard
page 21 of 800 (02%)
perfect rule for the direction and government of all men."

=The Proprietor.=--A third and very important colonial agency was the
proprietor, or proprietary. As the name, associated with the word
"property," implies, the proprietor was a person to whom the king
granted property in lands in North America to have, hold, use, and enjoy
for his own benefit and profit, with the right to hand the estate down
to his heirs in perpetual succession. The proprietor was a rich and
powerful person, prepared to furnish or secure the capital, collect the
ships, supply the stores, and assemble the settlers necessary to found
and sustain a plantation beyond the seas. Sometimes the proprietor
worked alone. Sometimes two or more were associated like partners in the
common undertaking.

Five colonies, Maryland, Pennsylvania, New Jersey, and the Carolinas,
owe their formal origins, though not always their first settlements, nor
in most cases their prosperity, to the proprietary system. Maryland,
established in 1634 under a Catholic nobleman, Lord Baltimore, and
blessed with religious toleration by the act of 1649, flourished under
the mild rule of proprietors until it became a state in the American
union. New Jersey, beginning its career under two proprietors, Berkeley
and Carteret, in 1664, passed under the direct government of the crown
in 1702. Pennsylvania was, in a very large measure, the product of the
generous spirit and tireless labors of its first proprietor, the leader
of the Friends, William Penn, to whom it was granted in 1681 and in
whose family it remained until 1776. The two Carolinas were first
organized as one colony in 1663 under the government and patronage of
eight proprietors, including Lord Clarendon; but after more than half a
century both became royal provinces governed by the king.

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