The governing power belonging to the owner of the land is characteristic of a proprietary colony. In a proprietary colony, the king grants land to an individual or a group, who then has the authority to govern the colony. The owner, or proprietor, could create their own system of government and had significant control over the administration of their territory.
In contrast, a royal colony is directly ruled by the monarchy through appointed governors and officials, with less autonomy granted to residents or local landowners. In royal colonies, the governing power is held by the crown rather than an individual landowner.
So, to answer your question: it is a proprietary colony where the governing power belongs to the owner of the land.
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