Mayagüez was founded on September 18, 1760 by a group led by brothers Faustino and Lorenzo Martínez de Matos, Juan de Silva and Juan de Aponte, at a hill located about one kilometer inland from Mayagüez Bay and the outlet of the Yagüez River. The Spanish Crown granted the founders the right to self-government in 1763, formally separating the town from the larger Partido de San Germán. The settlement was named Nuestra Señora de la Candelaria de Mayagüez (Our Lady of Candelaria of Mayagüez) to evoke an apparition of the Virgin Mary on the island of Tenerife, one of the Canary Islands. Most of the town's settlers, including its founders, migrated from the archipelago, whose patron saint is the Virgin of Candelaria.