The charter granted the commercial monopoly to the West India Company.
However, they sold it to the French West India Company five years later.
On October 31 of the same year, a privilege letter was made for the West India Company.
There has been more than one West India Company:
But this slow success was hardly sufficient to create much excitement among the directors of the West India Company.
Godyn sold his holdings back to the West India Company.
The enterprise however, was not a financial success and he finally sold his holdings to the West India Company.
The Dutch West India Company did more than trade and set up colonies.
The first West India Company suffered a long agony, and its end in 1674 was painless.
The Dutch West India Company operated throughout most of the 18th century.