The Colony of Virginia (also known frequently as the Virginia Colony, the Province of Virginia, and occasionally as the Dominion and Colony of Virginia) was the English colony in North America that existed briefly during the 16th century, and then continuously from 1607 until the American Revolution (as a British colony after 1707). The name Virginia was first applied by Sir Walter Raleigh and Queen Elizabeth I in 1584. After the English Civil War in the mid 17th century, the Virginia Colony was nicknamed "The Old Dominion" by King Charles II for its perceived loyalty to the English monarchy during the era of the Commonwealth of England.
In 1620, a successor to the Plymouth Company sent colonists to the New World aboard the Mayflower. Known as Pilgrims, they successfully established a settlement in what became Massachusetts. The portion of what had been Virginia north of the 40th parallel became known as New England, according to books written by Captain John Smith, who had made a voyage there.
In 1624, the Virginia Company's charter was revoked by King James I and the Virginia Colony was transferred to royal authority as a crown colony. Subsequent charters for the Maryland Colony in 1632 and the Carolina Colony in 1665 further reduced the Virginia Colony to coastal borders it held until the American Revolution. http://en.wikipedia.org/wiki/Colony_of_Virginia