From Ohio History Central
Text replacement - "Greeneville" to "Greenville"
<p>The company first chose Samuel Holden Parsons to represent their interests to the U.S. government, but when he was unsuccessful in his mission, the company replaced him with the Reverend Manasseh Cutler. Cutler worked with Treasury Board assistant William Duer and president of the Confederation Congress Arthur St. Clair to negotiate an arrangement for the purchase of the land. The Ohio Company of Associates purchased 1,500,000 acres of land, agreeing to pay $500,000 immediately and another $500,000 payment once survey work was finished. Congress allowed the company to pay for part of the land using military warrants. This created a very favorable arrangement for the investors since less cash was required to make the purchase. In the end, the investors paid about eight and one-half cents per acre. In order to encourage settlement of the region and create a buffer between white settlements and American Indians, Congress also gave the Ohio Company of Associates 100,000 acres that became known as the "Donation Tract." In this area, any adult white male could obtain one hundred acres of free land. Although the survey pattern was somewhat different from that of the Seven Ranges, company investors were required to set aside land in each township for education and religion as well as three sections for future government purposes. In addition, two townships were set aside for a university.</p>
<p>Putnam established the first Ohio Company of Associates settlement on the banks of the Ohio River. Known originally as Adelphia, the community soon became known as Marietta in honor of French Queen Marie Antoinette. To protect the settlement from attack by American Indian peoples living in and still claiming the region, the settlers built a fortification known as the Campus Martius. Many of the early settlers of Ohio Company of Associates lands came from New England. Now in Ohio, they tried to establish institutions and communities similar to those they had known in the East.</p>
<p>In 1804, the company established Ohio University on the land that it had set aside for that purpose. In its early years, the university only offered the equivalent of a high school education and enrollment remained low. The settlers of Marietta had greater success in establishing a new society once the Treaty of
Greeneville, signed in 1795, effectively forcibly evicted many of the region's American Indian peoples from the area. As the population continued to grow in the late eighteenth and early nineteenth centuries, many of the New England settlers found themselves in disagreement with people coming from Virginia and Kentucky who had different visions for the region.</p><br />