Such a colony as was now contemplated would dispose of Spanish claims, serve as a buffer colony between Florida and South Carolina, and establish another place of trade.

The upshot was that the Crown granted to Oglethorpe and twenty associates the unsettled land between the Savannah and the Altamaha, with a westward depth that was left quite indefinite.

This territory, which was now severed from Carolina, was named Georgia after his Majesty King George II, and Oglethorpe and a number of prominent men became the trustees of the new colony.

They were to act as such for twenty-one years, at the end of which time Georgia should pass under the direct government of the Crown.
Parliament gave to the starting of things ten thousand pounds, and wealthy philanthropic individuals followed suit with considerable donations.

The trustees assembled, organized, set to work.