On this day, the Royal Charter issued from Britain transferred from King Charles II the port and island of Bombay to the British East India Company “to be held in free and common soccage, as of the Manor of East Greenwich,” at a rent of 10 pounds per annum, payable on September 30 each year. On September 1, 1668, a ship had reached the coast of Surat bearing the charter.
The city of Bombay began to be established about the same time Job Charnock had arrived in Bengal to work for the company. Under the company’s rule, Sir George Oxenden was the first Governor of Bombay. Soon a mint and a printing press would be established in Bombay and the coast would be developed for commerce.
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