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{{Short description|18th-century land company in Ohio}}
{{dablink|For the earlier Ohio Company of Virginia, see the [[Ohio Company]].}}
{{For|the earlier Ohio Company of Virginia|Ohio Company}}
[[File:Ohio Lands.svg|thumb|Map of Ohio showing the boundaries of the Ohio Company Purchase on the lower right.]]
[[File:Ohio Lands.svg|thumb|Map of Ohio showing the boundaries of the Ohio Company Purchase on the lower right.]]
[[Image:PUTNAM exb.jpg|thumb|right|Rufus Putnam]]
[[Image:PUTNAM exb.jpg|thumb|right|[[Rufus Putnam]]]]
[[Image:ForTheOhio.jpg|thumb|right|Pioneer wagon]]
[[Image:ForTheOhio.jpg|thumb|right|Pioneer wagon]]

[[Image:OhioCompanyOfAssociates.jpg|thumb|right|Plaque at Marietta, Ohio commemorating the Ohio Company of Associates]]
The '''Ohio Company of Associates''', also known as the '''Ohio Company''', was a land company which is today credited with becoming the first non-[[Native Americans in the United States|American Indian]] group to settle in the present-day state of Ohio, establishing [[Marietta, Ohio]] as the first permanent settlement of the new [[United States]] in the [[Northwest Territory]].
The '''Ohio Company of Associates''', also known as the '''Ohio Company''', was a land company whose members are today credited with becoming the first non-[[Native Americans in the United States|Native American]] group to permanently settle west of the Allegheny mountains. In 1788 they established [[Marietta, Ohio]], as the first permanent settlement of the new [[United States]] in the newly organized [[Northwest Territory]].<ref>Hubbard, Robert Ernest. ''General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio,"'' pp. 2-4, 80, McFarland & Company, Inc., Jefferson, North Carolina, 2020. {{ISBN|978-1-4766-7862-7}}.</ref>


==Creation of the company==
==Creation of the company==
The company was formed on March 1<!---Some sources say March 3--->, 1786, by General [[Rufus Putnam]], [[Benjamin Tupper]], [[Samuel Holden Parsons]] and [[Manasseh Cutler]], who had met in [[Boston, Massachusetts]], at The Bunch-of-Grapes tavern, located on King Street to discuss the settlement of the territory around the [[Ohio River]].
The company was formed between March 1 and March 3, 1786, by [[Rufus Putnam]], [[Benjamin Tupper]], [[Samuel Holden Parsons]] and [[Manasseh Cutler]] in [[Boston, Massachusetts]]. They had met at The [[Bunch-of-Grapes]] tavern, located on King Street, to discuss the settlement of the territory around the [[Ohio River]].<ref name="Hubbard, Robert Ernest p. 104">Hubbard, Robert Ernest. ''General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio,"'' p. 104, McFarland & Company, Inc., Jefferson, North Carolina, 2020. {{ISBN|978-1-4766-7862-7}}.</ref> On March 8, 1787, Parsons, Putnam, and Cutler were chosen as directors, and [[Winthrop Sargent]] was elected secretary.<ref name = "Hildreth 199">Hildreth, ''Pioneer History'', 199.</ref> On August 30, 1787, [[James Mitchell Varnum]] was elected as a director, and Richard Platt as treasurer.<ref name = "Hildreth 200-201">Hildreth, ''Pioneer History'', 200-01.</ref> Later directors included [[Griffin Greene]] upon the death of Varnum,<ref name = "Hildreth 249">Hildreth, ''Pioneer History'', 249.</ref> and [[Robert Oliver (soldier)|Robert Oliver]] upon the death of Parsons.<ref name = "Hildreth 259">Hildreth, ''Pioneer History'', 259.</ref>


==Negotiations with the government==
==Negotiations with the government==
Cutler was sent to New York to negotiate with the [[Congress of the Confederation]] to help the company secure a claim on the portion of land they were interested in. While there, Cutler aligned himself with [[William Duer (1747-1799)|William Duer]], secretary of the U.S. Treasury Board. Duer and his associates formed a steadfast group of New York [[Speculation|speculators]] determined for the settlement of the area west of the [[Appalachians]].<ref>A bronze historical plaque on the wall of [[Federal Hall|Federal Hall, New York]], commemorates the Ohio Company, with a map of Ohio.</ref> At this time, Congress desperately needed revenue. It was the economic strain and the pressure from Duer and Cutler that helped them to secure the incorporation in the [[Northwest Ordinance]], for the government of the [[Northwest Territory]] of the paragraphs which prohibited [[slavery]] and provided for [[public education]] and for the support of the [[Minister (Christianity)|ministry]].
Cutler was sent to New York to negotiate with the [[Congress of the Confederation]] to help the company secure a claim on a portion of the land. While there, Cutler aligned himself with [[William Duer (1747-1799)|William Duer]], secretary of the U.S. Treasury Board. Duer and his associates formed a group of New York [[Speculation|speculators]] who were determined to see settlement of the area west of the [[Appalachians]].<ref>A bronze historical plaque on the wall of [[Federal Hall National Memorial]] in New York commemorates the Ohio Company, with a map of Ohio.</ref> At this time, Congress desperately needed revenue. The prospect of sales of land helped settle controversy and secure the incorporation in the [[Northwest Ordinance]] of the paragraphs that prohibited [[slavery]], provided for land for [[public education]] and for the support of the [[Minister (Christianity)|ministry]].<ref>Hubbard, Robert Ernest. ''General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio,"'' pp. 2-4, McFarland & Company, Inc., Jefferson, North Carolina, 2020. {{ISBN|978-1-4766-7862-7}}.</ref>


After the creation of the Northwest Territory, Cutler suggested that the governor of the territory be General [[Arthur St. Clair]], who was then serving as the President of Congress. Once St. Clair had been appointed to his new position, two new contracts were signed on October 27, 1787 between St. Clair, Cutler, and Major [[Winthrop Sargent]], the secretary of the Ohio Company. The first was for the absolute purchase for the Ohio Company, of 1,500,000 acres (6,000&nbsp;km²) of land at the confluence of the Ohio and Muskingum rivers from a point near the site of the present [[Marietta, Ohio|Marietta]], to a point nearly opposite the site of the present [[Huntington, West Virginia]], for a payment of $1 million in government securities, then worth about 12¢ specie to the dollar. The contract also provided that one section of land in every township be devoted to the maintenance of public schools, another section be set apart for religious uses, and two entire townships be reserved for a university.
The Ohio Company's purchase was enabled first by the passage on July 13, 1787, of the "Ordinance for the Government of the Territory of the United States Northwest of the River Ohio," commonly known as the [[Northwest Ordinance]], and second, by the Act of October 23, 1787, which authorized Congress to make contracts of public lands for not less than one million acres. On October 27, 1787, the Treasury Board under Secretary William Duer finalized the Ohio Company's purchase. Their first contract was for the Ohio Company to purchase 1,500,000 acres (6,000&nbsp;km²) of land at the confluence of the Ohio and Muskingum rivers, from a point near the site of present-day [[Marietta, Ohio|Marietta]], to a point nearly opposite present-day [[Huntington, West Virginia]], for a payment of $1 million in government securities, then worth about 12¢ specie to the dollar.<ref name="Hubbard, Robert Ernest p. 104"/> The contract also provided that one section of land in every township be devoted to the maintenance of public schools, another section be set apart for religious uses, and two entire townships be reserved for a university.


[[image:ohio-scioto lands.png|thumb|The proposed purchase by the [[Scioto Company]] is shown in red. The proposed purchase of {{convert|1,500,000|acre|km2}} by the Ohio Company is in blue. The final dimensions of the Ohio Company is in green, including the First Purchase, Second Purchase, and Donation Tract.|left|350px]]
[[image:ohio-scioto lands.png|thumb|The proposed purchase by the [[Scioto Company]] is shown in red. The proposed purchase of {{convert|1,500,000|acre|km2}} by the Ohio Company is in blue. The final dimensions of the Ohio Company is in green, including the First Purchase, Second Purchase, and Donation Tract.|left|350px]]
The second contract was an option to buy all the land between the [[Ohio River|Ohio]] and the [[Scioto River|Scioto rivers]] and the western boundary line of the Ohio Company's tract, extending north of the tenth [[survey township]] from the Ohio, this tract being preempted by Manasseh Cutler and Winthrop Sargent for themselves and others actually for the [[Scioto Company]]. Cutler's original intent was to buy for the Ohio Company only about 1,500,000 acres (6,000&nbsp;km²), but on the July 27, Congress authorized a grant of about 5,000,000 acres (20,000&nbsp;km²) of land for $3,500,000; a reduction of one-third was allowed for bad tracts, and it was also provided that the lands could be paid for in United States securities. On the same day, Cutler and Sargent for themselves and associates transferred to William Duer, then Secretary of the Treasury Board, and his associates one equal moiety of the Scioto tract of land mentioned in the second contract, it being provided that both parties were to be equally interested in the sale of the land, and were to share equally any profit or loss. However, the interest of the Scioto Company was only speculative, and their contract lapsed before any land was purchased. In contrast, the Ohio Company held a genuine plan of settlement.
The second contract was an option to buy all the land between the [[Ohio River|Ohio]] and the [[Scioto River|Scioto rivers]] and the western boundary line of the Ohio Company's tract, extending north of the tenth [[survey township]] from the Ohio, this tract being preempted by Manasseh Cutler and Winthrop Sargent for themselves and others for the [[Scioto Company]]. Cutler's original intent was to buy only about 1,500,000 acres (6,000&nbsp;km²) for the Ohio Company, but on the July 27, Congress authorized a grant of about 5,000,000 acres (20,000&nbsp;km²) of land for $3,500,000; a reduction of one-third was allowed for bad tracts, and it was also provided that the lands could be paid for in United States securities. On the same day, Cutler and Sargent for themselves and associates transferred to William Duer, then Secretary of the Treasury Board, and his associates one equal [[moiety title|moiety]] of the Scioto tract of land mentioned in the second contract. Both parties were to be equally interested in the sale of the land, and were to share equally any profit or loss. But, the Scioto Company interest was speculative, and their contract lapsed before they purchased any land. In contrast, the Ohio Company had a genuine plan of settlement.


The company made its first installment of $500,000, but was unable to raise the second $500,000. It settled for a purchase of {{convert|750000|acre|km2}}, plus the two townships for [[College Lands]] and the reserved [[School Lands]] and [[Ministerial Lands]] sections in each township for a total area of {{convert|913833|acre|km2}}, called the First Purchase.<ref name=officialohio>{{cite book|title=The Official Ohio Lands Book |last=Knepper |first=George W |year=2002 |publisher=[http://www.auditor.state.oh.us The Auditor of the State of Ohio] |pages=27–30 |url=http://www.auditor.state.oh.us/Publications/General/OhioLandsBook.pdf}}</ref> The lands were privately surveyed, but on the same plan of townships, ranges, and sections as the adjacent [[Seven Ranges]] under the procedure of the [[Land Ordinance of 1785]].<ref name=ord1785>[http://memory.loc.gov/cgi-bin/ampage?collId=lljc&fileName=028/lljc028.db&recNum=409 Text of Ordinance of May 20, 1785] [[Library of Congress]]</ref><ref name=ohiosub>{{cite book |title=Ohio Lands and Their Subdivision |last=Peters|first=William E|year=1918 |publisher=W.E. Peters|pages=237–258|url=http://books.google.com/books?id=HiApAAAAYAAJ&pg=PA237&lpg=PA237}}</ref>
The company made its first installment of $500,000, but was unable to raise the second $500,000. It settled for a purchase of {{convert|750000|acre|km2}}, plus the two townships for [[College Lands]] and the reserved [[School Lands]] and [[Ministerial Lands]] sections in each township, for a total area of {{convert|913833|acre|km2}}, called the First Purchase.<ref name=officialohio>{{cite book|title=The Official Ohio Lands Book |last=Knepper |first=George W |year=2002 |publisher=The Auditor of the State of Ohio |pages=27–30 |url=https://ohioauditor.gov/publications/OhioLandsBook.pdf}}</ref> The lands were privately surveyed, but on the same plan of townships, ranges, and sections as the adjacent [[Seven Ranges]] under the procedure of the [[Land Ordinance of 1785]].<ref name=ord1785>[http://memory.loc.gov/cgi-bin/ampage?collId=lljc&fileName=028/lljc028.db&recNum=409 Text of Ordinance of May 20, 1785] [[Library of Congress]]</ref><ref name=ohiosub>{{cite book |title=Ohio Lands and Their Subdivision |last=Peters|first=William E|year=1918 |publisher=W.E. Peters|pages=237–258|url=https://books.google.com/books?id=HiApAAAAYAAJ&pg=PA237}}</ref>


==Settlement at Marietta, Ohio==
==Settlement at [[Marietta, Ohio]]==
In 1788, General Rufus Putnam laid out the plans for Marietta, the first permanent settlement in the present state of Ohio. [[American pioneers to the Northwest Territory|Pioneers]] were sent out by the Ohio Company from [[New England]] to Marietta. The first purchase was in [[Washington County, Ohio|Washington]], [[Meigs County, Ohio|Meigs]], [[Gallia County, Ohio|Gallia]], [[Lawrence County, Ohio|Lawrence]] and [[Athens County, Ohio|Athens Counties]].
In 1788, General [[Rufus Putnam]] laid out the plans for Marietta, the first permanent settlement in the present state of Ohio.<ref>Hubbard, Robert Ernest. ''General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio,"'' pp. 2-4, 80, 107, McFarland & Company, Inc., Jefferson, North Carolina, 2020. {{ISBN|978-1-4766-7862-7}}.</ref> The Ohio Company sent [[American pioneers to the Northwest Territory|pioneers]] from [[New England]] to the Northwest Territory. Their first purchase was in [[Washington County, Ohio|Washington]], [[Meigs County, Ohio|Meigs]], [[Gallia County, Ohio|Gallia]], [[Lawrence County, Ohio|Lawrence]] and [[Athens County, Ohio|Athens counties]].


Difficulties with [[Native Americans in the United States|Indians]] during the [[Northwest Indian War]], including the [[Big Bottom Massacre]], led Congress in 1792 to donate {{convert|100000|acre|km2}} on the north edge of the first purchase as a buffer against incursion, called the [[Donation Tract]], in Washington and Morgan Counties. Many associates of the company held army bounty warrants, which they could exchange for federal land, totaling {{convert|142900|acre|km2}}. Later in 1792, another purchase was made of {{convert|214285|acre|km2}} in [[Morgan County, Ohio|Morgan]], [[Hocking County, Ohio|Hocking]], [[Vinton County, Ohio|Vinton]] and [[Athens County, Ohio|Athens Counties]] using these bounties, with the 1/3 discount for bad lands, as in the first purchase.<ref>{{USStat|6|8}} - Text of Act of April 21, 1792 [[Library of Congress]]</ref> The Second Purchase had no sections set aside for schools or ministry. The Second Purchase is also known as the [[Purchase on the Muskingum]].<ref name=ohiosub/>
Difficulties with [[Native Americans in the United States|Native Americans]] during the [[Northwest Indian War]], including the [[Big Bottom Massacre]], led Congress in 1792 to donate {{convert|100000|acre|km2}} on the north edge of the first purchase as a buffer against incursion. The [[Donation Tract]] incorporated much of present-day Washington and Morgan counties. Many associates of the company held army bounty warrants, which they could exchange for federal land, totaling {{convert|142900|acre|km2}}.
Later in 1792, the Ohio Company purchased another {{convert|214285|acre|km2}} in [[Morgan County, Ohio|Morgan]], [[Hocking County, Ohio|Hocking]], [[Vinton County, Ohio|Vinton]] and [[Athens County, Ohio|Athens]] counties, using these bounties, with the 1/3 discount for bad lands, as in the first purchase.<ref>{{USStat|6|8}} - Text of Act of April 21, 1792 [[Library of Congress]]</ref> The Second Purchase had no sections set aside for schools or ministry. The Second Purchase is also known as the [[Purchase on the Muskingum]].<ref name=ohiosub/>


In 1796, the Ohio Company divided its shares and ceased to be a genuine land company.
In 1796, the Ohio Company divided its shares and ceased to be a genuine land company.
Line 33: Line 36:
! First<br>Purchase
! First<br>Purchase
| 913833
| 913833
| 369823
| 369816
|-
|-
! Second<br>Purchase
! Second<br>Purchase
| 214285
| 214285
| 86720
| 86718
|-
|-
! Donation<br>Tract
! Donation<br>Tract
Line 45: Line 48:
! Total
! Total
| 1228118
| 1228118
| 497013
| 497002
|}
|}


Line 54: Line 57:
*[[Ohio Lands]]
*[[Ohio Lands]]


==References==
==Notes==
{{more footnotes|date=February 2014}}
{{Reflist}}
{{Reflist}}


==Bibliography==
==References==
{{1911}}

''Additional publications include:''
* Hildreth, S. P. (1852). ''Biographical and Historical Memoirs of the Early Pioneer Settlers of Ohio'', H. W. Derby and Co., Cincinnati, Ohio.
* Hildreth, S. P. (1852). ''Biographical and Historical Memoirs of the Early Pioneer Settlers of Ohio'', H. W. Derby and Co., Cincinnati, Ohio.
*{{cite book |title=Pioneer History: Being an Account of the First Examinations of the Ohio Valley, and the Early Settlement of the Northwest Territory|last=Hildreth |first=S.P. |year=1848 |publisher=H. W. Derby and Co. |url=http://books.google.com/books?id=yak6sfwDB5gC}}
*{{cite book |title=Pioneer History: Being an Account of the First Examinations of the Ohio Valley, and the Early Settlement of the Northwest Territory|last=Hildreth |first=S.P.|authorlink=S. P. Hildreth |year=1848 |publisher=H. W. Derby and Co. |url=https://archive.org/details/pioneerhistoryb00hildgoog}}
*{{cite book |title=The Records of the Original Proceedings of the Ohio Company, Volume I|last=Hulbert|first=Archer Butler |year=1917|publisher=Marietta Historical Commission|url=http://books.google.com/books?id=3x8mAAAAMAAJ}}
*{{cite book |title=The Records of the Original Proceedings of the Ohio Company, Volume I|last=Hulbert|first=Archer Butler |authorlink=Archer Butler Hulbert|year=1917|publisher=Marietta Historical Commission|isbn=9780598286857|url=https://books.google.com/books?id=3x8mAAAAMAAJ}}
*{{cite book |title=The Records of the Original Proceedings of the Ohio Company, Volume II|last=Hulbert|first=Archer Butler |year=1917|publisher=Marietta Historical Commission|url=http://books.google.com/books?id=cCAmAAAAMAAJ}}
*{{cite book |title=The Records of the Original Proceedings of the Ohio Company, Volume II|last=Hulbert|first=Archer Butler |year=1917|publisher=Marietta Historical Commission|url=https://books.google.com/books?id=cCAmAAAAMAAJ}}
*{{cite book |title=History of Marietta |last=Summers|first=Thomas J.|year=1903|publisher=The Leader Publishing Co.|url=http://books.google.com/books?id=6BImAAAAMAAJ
*{{cite book |title=History of Marietta |last=Summers|first=Thomas J.|year=1903|publisher=The Leader Publishing Co.|url=https://archive.org/details/historymarietta00summgoog
}}
}}

;Attribution
* {{EB1911|wstitle=Ohio Company}}


==External links==
==External links==
* [http://digicoll.marietta.edu/oca/index.html Manuscripts and Documents of the Ohio Company of Associates - Marietta College].
* [https://web.archive.org/web/20081229190448/http://digicoll.marietta.edu/oca/index.html Manuscripts and Documents of the Ohio Company of Associates - Marietta College].
* [http://www.ohiohistorycentral.org/entry.php?rec=945 Ohio Company of Associates - Ohio History Central].
* {{Ohio History Central|945|Ohio Company of Associates}}

{{Ohio-Lands}}
{{Ohio-Lands}}
{{Authority control}}


{{DEFAULTSORT:Ohio Company Of Associates}}
{{DEFAULTSORT:Ohio Company Of Associates}}
[[Category:Companies established in 1786]]
[[Category:American companies established in 1786]]
[[Category:Early American land companies]]
[[Category:Early American land companies]]
[[Category:Pre-state history of Ohio]]
[[Category:Pre-statehood history of Ohio]]
[[Category:Marietta, Ohio]]
[[Category:Marietta, Ohio]]

Latest revision as of 14:27, 30 November 2022

Map of Ohio showing the boundaries of the Ohio Company Purchase on the lower right.
Rufus Putnam
Pioneer wagon

The Ohio Company of Associates, also known as the Ohio Company, was a land company whose members are today credited with becoming the first non-Native American group to permanently settle west of the Allegheny mountains. In 1788 they established Marietta, Ohio, as the first permanent settlement of the new United States in the newly organized Northwest Territory.[1]

Creation of the company

[edit]

The company was formed between March 1 and March 3, 1786, by Rufus Putnam, Benjamin Tupper, Samuel Holden Parsons and Manasseh Cutler in Boston, Massachusetts. They had met at The Bunch-of-Grapes tavern, located on King Street, to discuss the settlement of the territory around the Ohio River.[2] On March 8, 1787, Parsons, Putnam, and Cutler were chosen as directors, and Winthrop Sargent was elected secretary.[3] On August 30, 1787, James Mitchell Varnum was elected as a director, and Richard Platt as treasurer.[4] Later directors included Griffin Greene upon the death of Varnum,[5] and Robert Oliver upon the death of Parsons.[6]

Negotiations with the government

[edit]

Cutler was sent to New York to negotiate with the Congress of the Confederation to help the company secure a claim on a portion of the land. While there, Cutler aligned himself with William Duer, secretary of the U.S. Treasury Board. Duer and his associates formed a group of New York speculators who were determined to see settlement of the area west of the Appalachians.[7] At this time, Congress desperately needed revenue. The prospect of sales of land helped settle controversy and secure the incorporation in the Northwest Ordinance of the paragraphs that prohibited slavery, provided for land for public education and for the support of the ministry.[8]

The Ohio Company's purchase was enabled first by the passage on July 13, 1787, of the "Ordinance for the Government of the Territory of the United States Northwest of the River Ohio," commonly known as the Northwest Ordinance, and second, by the Act of October 23, 1787, which authorized Congress to make contracts of public lands for not less than one million acres. On October 27, 1787, the Treasury Board under Secretary William Duer finalized the Ohio Company's purchase. Their first contract was for the Ohio Company to purchase 1,500,000 acres (6,000 km²) of land at the confluence of the Ohio and Muskingum rivers, from a point near the site of present-day Marietta, to a point nearly opposite present-day Huntington, West Virginia, for a payment of $1 million in government securities, then worth about 12¢ specie to the dollar.[2] The contract also provided that one section of land in every township be devoted to the maintenance of public schools, another section be set apart for religious uses, and two entire townships be reserved for a university.

The proposed purchase by the Scioto Company is shown in red. The proposed purchase of 1,500,000 acres (6,100 km2) by the Ohio Company is in blue. The final dimensions of the Ohio Company is in green, including the First Purchase, Second Purchase, and Donation Tract.

The second contract was an option to buy all the land between the Ohio and the Scioto rivers and the western boundary line of the Ohio Company's tract, extending north of the tenth survey township from the Ohio, this tract being preempted by Manasseh Cutler and Winthrop Sargent for themselves and others for the Scioto Company. Cutler's original intent was to buy only about 1,500,000 acres (6,000 km²) for the Ohio Company, but on the July 27, Congress authorized a grant of about 5,000,000 acres (20,000 km²) of land for $3,500,000; a reduction of one-third was allowed for bad tracts, and it was also provided that the lands could be paid for in United States securities. On the same day, Cutler and Sargent for themselves and associates transferred to William Duer, then Secretary of the Treasury Board, and his associates one equal moiety of the Scioto tract of land mentioned in the second contract. Both parties were to be equally interested in the sale of the land, and were to share equally any profit or loss. But, the Scioto Company interest was speculative, and their contract lapsed before they purchased any land. In contrast, the Ohio Company had a genuine plan of settlement.

The company made its first installment of $500,000, but was unable to raise the second $500,000. It settled for a purchase of 750,000 acres (3,000 km2), plus the two townships for College Lands and the reserved School Lands and Ministerial Lands sections in each township, for a total area of 913,833 acres (3,698.15 km2), called the First Purchase.[9] The lands were privately surveyed, but on the same plan of townships, ranges, and sections as the adjacent Seven Ranges under the procedure of the Land Ordinance of 1785.[10][11]

Settlement at Marietta, Ohio

[edit]

In 1788, General Rufus Putnam laid out the plans for Marietta, the first permanent settlement in the present state of Ohio.[12] The Ohio Company sent pioneers from New England to the Northwest Territory. Their first purchase was in Washington, Meigs, Gallia, Lawrence and Athens counties.

Difficulties with Native Americans during the Northwest Indian War, including the Big Bottom Massacre, led Congress in 1792 to donate 100,000 acres (400 km2) on the north edge of the first purchase as a buffer against incursion. The Donation Tract incorporated much of present-day Washington and Morgan counties. Many associates of the company held army bounty warrants, which they could exchange for federal land, totaling 142,900 acres (578 km2).

Later in 1792, the Ohio Company purchased another 214,285 acres (867.18 km2) in Morgan, Hocking, Vinton and Athens counties, using these bounties, with the 1/3 discount for bad lands, as in the first purchase.[13] The Second Purchase had no sections set aside for schools or ministry. The Second Purchase is also known as the Purchase on the Muskingum.[11]

In 1796, the Ohio Company divided its shares and ceased to be a genuine land company.

TRACT AREA
(acres)
AREA
(Hectares)
First
Purchase
913833 369816
Second
Purchase
214285 86718
Donation
Tract
100000 40469
Total 1228118 497002

See also

[edit]

Notes

[edit]
  1. ^ Hubbard, Robert Ernest. General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio," pp. 2-4, 80, McFarland & Company, Inc., Jefferson, North Carolina, 2020. ISBN 978-1-4766-7862-7.
  2. ^ a b Hubbard, Robert Ernest. General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio," p. 104, McFarland & Company, Inc., Jefferson, North Carolina, 2020. ISBN 978-1-4766-7862-7.
  3. ^ Hildreth, Pioneer History, 199.
  4. ^ Hildreth, Pioneer History, 200-01.
  5. ^ Hildreth, Pioneer History, 249.
  6. ^ Hildreth, Pioneer History, 259.
  7. ^ A bronze historical plaque on the wall of Federal Hall National Memorial in New York commemorates the Ohio Company, with a map of Ohio.
  8. ^ Hubbard, Robert Ernest. General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio," pp. 2-4, McFarland & Company, Inc., Jefferson, North Carolina, 2020. ISBN 978-1-4766-7862-7.
  9. ^ Knepper, George W (2002). The Official Ohio Lands Book (PDF). The Auditor of the State of Ohio. pp. 27–30.
  10. ^ Text of Ordinance of May 20, 1785 Library of Congress
  11. ^ a b Peters, William E (1918). Ohio Lands and Their Subdivision. W.E. Peters. pp. 237–258.
  12. ^ Hubbard, Robert Ernest. General Rufus Putnam: George Washington's Chief Military Engineer and the "Father of Ohio," pp. 2-4, 80, 107, McFarland & Company, Inc., Jefferson, North Carolina, 2020. ISBN 978-1-4766-7862-7.
  13. ^ Stat. 8 - Text of Act of April 21, 1792 Library of Congress

References

[edit]
Attribution
[edit]