What is the significance of providing an official charter, such as was given to Sir Walter Raleigh by Queen Elizabeth?

Answer 1

Writeacher answered this question the other day.

http://www.jiskha.com/display.cgi?id=1295899785

Answer 2

There were three types of British colony, Charter, proprietary, and royal. The charter colony in general had more latitude to govern itself.
See:
http://en.wikipedia.org/wiki/Charter_colony
and also click on the links there to the other two types of colony.

Answer 3

thanks