Ohio Company of Associates
Quick Summary
The Ohio Company of Associates was established in 1786 by American Revolutionary War veterans, including Manasseh Cutler, to settle the Ohio Valley. This organization was distinct from an earlier group, the Ohio Company, founded in 1748 to promote trade and secure English control of the Ohio River valley, whose activities contributed to the French and Indian War.12
The Ohio Company of Associates aimed to purchase land using depreciated Continental certificates at par value. Cutler, acting as the company's agent, secured a contract with the Continental Congress for 1.5 million acres of public land. This led to the founding of Marietta in 1788, which became the first permanent settlement in present-day Ohio. Cutler is also credited with influencing the Northwest Ordinance of 1787, particularly its provisions against slavery and for public education.1
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Manasseh Cutler…in 1786 to form the Ohio Company of Associates in order to develop the Ohio Valley. The veterans hoped to use their depreciated Continental certificates at par value for the purchase of a large tract of land.
Read More…in 1786 to form the Ohio Company of Associates in order to develop the Ohio Valley. The veterans hoped to use their depreciated Continental certificates at par value for the purchase of a large tract of land.
Read More- Rufus Putnam
…1786 he helped found the Ohio Company of Associates with the purpose of obtaining a land grant in the Ohio country for settlement by veterans of the American Revolution. The company obtained a grant from Congress of 1,500,000 acres (606,000 hectares) there, and Putnam was appointed the company superintendent of…
Read More…1786 he helped found the Ohio Company of Associates with the purpose of obtaining a land grant in the Ohio country for settlement by veterans of the American Revolution. The company obtained a grant from Congress of 1,500,000 acres (606,000 hectares) there, and Putnam was appointed the company superintendent of…
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