Elizabeth City (Virginia Company)
Elizabeth City (or Elizabeth Cittie [sic] as it was then called) was one of four incorporations established in the Virginia Colony in 1619 by the proprietor, the Virginia Company of London, acting in accordance with instructions issued by Sir George Yeardley, Governor. This allowed the crown to benefit from the offerings of the new land, including its natural resources, new markets for English goods, and the leverage it provided against the Spanish.
Source: Wikipedia — Elizabeth City (Virginia Company) (CC BY-SA 4.0)