A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, or colonization, or a combination of these.[1]
The article Chartered Companies in the Encyclopædia Britannica Eleventh Edition, by William Bartleet Duffield, contains a detailed narrative description of the development of some of the companies in England and, later, Britain.[2]
See also: Casa de Contratación.
From 3 August 1889 to 15 May 1893 Filonardi was the first Governor of Italian Somaliland and was in charge of an Italian company responsible for the administration of the Benadir territory, called Societa' Filonardi.