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The Conquest of the Old Southwest; the romantic story of the early pioneers into Virginia, the Carolinas, Tennessee, and Kentucky, 1740-1790 by Archibald Henderson
page 136 of 214 (63%)
Company "had embarked a large amount," met the entire approval of
the Indians--the squaw in particular shrewdly examining the goods
in the interest of the women of the tribe.

On January 6, 1775, the company was again enlarged, and given the
name of the Transylvania Company-the three new partners being
David Hart, brother to Thomas and Nathaniel, Leonard Henley
Bullock, a prominent citizen of Granville, and James Hogg, of
Hillsborough, a native Scotchman and one of the most influential
men in the colony. In the elaborate agreement drawn up reference
is explicitly made to the contingency of "settling and voting as
a proprietor and giving Rules and Regulations for the Inhabitants
etc." Hillsborough was the actual starting-point for the westward
movement, the first emigrants, traveling thence to the Sycamore
Shoals of the Watauga. In speaking of the departure of the
settlers, the first movement of extended and permanent westward
migration, an eye-witness quaintly says: "At this place
[Hillsborough] I saw the first party of emigrant families that
moved to Kentucky under the auspices of Judge Henderson. They
marched out of the town with considerable solemnity, and to many
their destination seemed as remote as if it had been to the South
Sea Islands." Meanwhile, the "Proposals for the encouragement of
settling the lands etc.," issued on Christmas Day, 1774, were
quickly spread broadcast through the colony and along the
border." It was the greatest sensation North Carolina had known
since Alamance; and Archibald Neilson, deputy-auditor and naval
officer of the colony, inquired with quizzical anxiety: "Pray, is
Dick Henderson out of his head?" The most liberal terms,
proffered by one quite in possession of his head, were embodied
in these proposals. Land at twenty shillings per hundred acres
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