Creation of The Company
The company was formed on March 1, 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. On March 8, 1787, Parsons, Putnam, and Cutler were chosen as directors, and Winthrop Sargent was elected secretary. On August 30, 1787, James Mitchell Varnum was elected as a director, and Richard Platt as treasurer. Later directors included Griffin Greene upon the death of Varnum, and Robert Oliver upon the death of Parsons.
Read more about this topic: Ohio Company Of Associates
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“We noticed several other sandy tracts in our voyage; and the course of the Merrimack can be traced from the nearest mountain by its yellow sand-banks, though the river itself is for the most part invisible. Lawsuits, as we hear, have in some cases grown out of these causes. Railroads have been made through certain irritable districts, breaking their sod, and so have set the sand to blowing, till it has converted fertile farms into deserts, and the company has had to pay the damages.”
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