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The Walpole Company, Indiana Company, and members of the Ohio Company reorganized, and on December 22, 1769, formed the Grand Ohio Company. [14] In 1772, the Grand Ohio Company received from the British government a grant of a large tract lying along the southern bank of the Ohio as far west as the mouth of the Scioto River . [ 15 ]
A land grant is a gift of real estate—land or its use privileges—made by a government or other authority as an incentive, means of enabling works, or as a reward for services to an individual, especially in return for military service. Grants of land are also awarded to individuals and companies as incentives to develop unused land in ...
The Ohio Lands were the several grants, tracts, districts and cessions which make up what is now the U.S. state of Ohio. The Ohio Country was one of the first settled parts of the Midwest , and indeed one of the first settled parts of the United States beyond the original Thirteen Colonies .
The NAR currently represents about 1.6 million Realtors, with 90% of agents cashing in an average commission of 5% to 6% — equal to $100 billion in annual commissions.
In return for ceding its claims in 1784, Virginia was granted this area to provide military bounty land grants. The Ohio district was a surplus reserve, in that military land grants were first made in an area southeast of the Ohio River, in what is now Kentucky. The Ohio land was to be used only after the land southeast of the river was exhausted.
The Congress had little money to pay the soldiers who fought for independence. They made promises of land to induce army enlistment. By resolutions of September 16 and 18, 1776, and August 12, September 22, and October 3, 1780, they proposed to give each officer or private continuously to serve in the United States army until the close of the war, or until discharged, or to the representatives ...