Company of One Hundred Associates or Company of New France
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The Company of One Hundred Associates or Company of New France, was one of the companies to whom the King of France gave the responsibility of exploring, developing and exploiting New France. Created in 1627 by the Cardinal de Richelieu, it brought together a hundred or so associates who promised to populate New France by sending, over 15 years, 4,000 settlers recruited exclusively from among the French Catholic population. The company, which held the fur-trade monopoly, did not fulfil this promise. In 1645, it transferred its fur-trade monopoly in North America (except for Acadia) to the Communauté (or Compagnie) des Habitants. The Company of One Hundred Associates was dissolved on February 24, 1663. |
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