Transylvania Company

(noun)

Transylvania, or the Transylvania Colony, was a short-lived, extra-legal colony founded in 1775 by Richard Henderson. He controlled the North Carolina-based Transylvania Company, which had reached an agreement to purchase the land from the Cherokee in the Treaty of Sycamore Shoals.

Related Terms

Examples of Transylvania Company in the following topics:

  • The Wilderness Road

    • Daniel Boone created the route in 1775, when he created a trail for the Transylvania Company from Fort Chiswell in Virginia through the Cumberland Gap into central Kentucky.
    • However in 1774, Richard Henderson, a judge from North Carolina, organized a land speculation corporation called the Transylvania Company, which intended to purchase land from the Cherokees on the Kentucky side of the Appalachian Mountains to open the area for settlement.
    • Although the Transylvania Company had purchased the region from the Cherokee, other tribes, such as the Shawnee, still claimed it and viewed white settlers as invaders.

  • The Louisiana Purchase

    • Because the Appalachian Mountains formed a natural barrier and made passage to the West nearly impossible, Daniel Boone established the Wilderness Road in 1775, when he created a trail for the Transylvania Company from Virginia through central Kentucky.

  • Danish Intervention

    • In the same year, Gabriel Bethlen, the Calvinist prince of Transylvania, died.

  • Unitarianism and Universalism

    • Unitarianism began in Poland and Transylvania in the late sixteenth century and had reached England by the mid-seventeenth century.

  • Empress Maria-Theresa

    • She was the sovereign of Austria, Hungary, Croatia, Bohemia, Transylvania, Mantua, Milan, Lodomeria and Galicia, the Austrian Netherlands and Parma.

  • Company Activities to Prevent Ethical Violations

  • Advantages of Public Financing

    • A publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating over the counter markets. .
    • Usually, security of a publicly traded company is owned by many investors while the shares of a privately held company are owned by relatively few shareholders.
    • New companies, which are typically small, tend to be privately held.
    • After a number of years, if a company has grown significantly and is profitable or has promising prospects, there is often an initial public offering, which converts the privately held company into a publicly traded company.
    • Through this process, a private company transforms into a public company.

  • Operating Margin

    • The financial job of a company is to earn a profit, which is different than earning revenue.
    • If a company doesn't earn a profit, their revenues aren't helping the company grow.
    • It is not only important to see how much a company has sold, it is important to see how much a company is making.
    • The higher the ratio is, the more profitable the company is from its operations.
    • The operating margin is a useful tool for determining how profitable the operations of a company are, but not necessarily how profitable the company is as a whole.

  • The East India Trading Company

  • Advantages of Private Financing

    • Often, privately held companies are owned by the company founders or their families and heirs or by a small group of investors.
    • Sometimes employees also hold shares of private companies.
    • Though most companies start out privately held, there are situations in which a publicly traded company becomes privately acquired.
    • The company is then privately financed.
    • A privately financed company does not have these costs.