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Many associates of the company held army bounty warrants, which they could exchange for federal land, totaling 142,900 acres (578 km 2). Later in 1792, the Ohio Company purchased another 214,285 acres (867.18 km 2) in Morgan, Hocking, Vinton and Athens counties, using these bounties, with the 1/3 discount for bad lands, as in the first purchase.
Fernwood State Forest - 2,107 acres (9 km 2) Gifford State Forest - 320 acres (1.3 km 2 ); Athens County. Harrison State Forest - 1,345 acres (5 km 2) Hocking State Forest - 9,374 acres (38 km 2) Maumee State Forest - 3,068 acres (12 km 2) Mohican-Memorial State Forest - 4,192 acres (17 km 2 ); Ashland County.
The Land Ordinance of 1785 was adopted by the United States Congress of the Confederation on May 20, 1785. It set up a standardized system whereby settlers could purchase title to farmland in the undeveloped west. Congress at the time did not have the power to raise revenue by direct taxation, so land sales provided an important revenue stream.
The Public Land Survey System ( PLSS) is the surveying method developed and used in the United States to plat, or divide, real property for sale and settling. Also known as the Rectangular Survey System, it was created by the Land Ordinance of 1785 to survey land ceded to the United States by the Treaty of Paris in 1783, following the end of ...
Map of Ohio showing the Symmes Purchase. The Symmes Purchase, also known as the Miami Purchase, was an area of land totaling roughly 311,682 acres (487.003 sq mi; 1,261.33 km 2) in what is now Hamilton, Butler, and Warren counties of southwestern Ohio, purchased by Judge John Cleves Symmes of New Jersey in 1788 from the Continental Congress.
The Ohio Company, formally known as the Ohio Company of Virginia, was a land speculation company organized for the settlement by Virginians of the Ohio Country (approximately the present U.S. state of Ohio) and to trade with the Native Americans. The company had a land grant from Britain and a treaty with Indians, but France also claimed the ...
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