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Life & Times of Col. Daniel Boone by Cecil B. Harley
page 70 of 246 (28%)
William Johnston, James Hogg, Thomas Hart, John Lutterell, Nathaniel
Hart, and David Hart, of Orange County, in the company which made the
purchase of the immense tract of lands above referred to.

The company took possession of the lands on the 20th of April, 1775; the
Indians appointing an agent to deliver them according to law.

The Governor of North Carolina, Martin, issued his proclamation in 1775,
declaring this purchase illegal. The State subsequently granted 200,000
acres to the company in lieu of this.

The State of Virginia declared the same, but granted the company a
remuneration of 200,000 acres, bounded by the Ohio and Green rivers. The
State of Tennessee claimed the lands, but made a similar grant to the
company in Powell's Valley. Thus, though the original scheme of founding
an independent republic failed, the company made their fortunes by the
speculation. Henderson died at his seat in Granville, January 30, 1785,
universally beloved and respected.

What makes Henderson and his company particularly interesting to the
admirers of Daniel Boone is, the strong probability that the purchase of
the Cherokees was made on his representation and by his advice. This is
the opinion of Judge Hall and of Mr. Peck, who also believe that Boone
was already in the service of Henderson when he made his long journey
to Kentucky. "This theory," says Mr. Peck, "explains why his brother,
Squire Boone, came out with supplies, and why they examined the country
so fully and particularly between the Kentucky and Cumberland rivers."

[Footnote 22: Gallagher.]

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