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It being our determination to form an early H settlement on the lands you are serving for blank H and our associates, we have concluded to offer the age following encouragement to search substantial persons age as Shelby willing to become settlers there on. H one. to the person or persons who will undertake H to erect a sawmill and grist mill in situation H witschel do you or other agent by us appointed yche appear most suitable for the accommodation of the H greatest body of the expected settlers, we will DRAN H 200 ecars of land adjoining 2 and meeted H ING the requisite Mills seats for that 2 Mills aforesaid H, at the rate of 20 pounds per 100 word cut off H to be paid in the
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Philadelphia March 7. 1786. [illegible]
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It being our determination to form an early
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settlement on the lands you are serving for [illegible]
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and our associates, we have concluded to offer the  
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following encouragement to such substantial persons
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as shall be willing to become settlers thereon.
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1. To the person or persons who will undertake
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to erect a saw mill and grist mill in situations
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which shall to you or other agent by us appointed
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appear most suitable for the accommodation of the
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greatest body of the expected settlers, we will gran[t]
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two hundred acres of land adjoining to and meet-
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ing the requisite mill seats for that two mills afore-
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said at the rate of twenty pounds per hundred [word cut off]
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to be paid in the [illegible] other settlers are to pay for
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their lots, as hereafter mentioned. We will also
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give to such undertakers. One hundred and twenty
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eight pounds in cash, to assiss him in erecting these
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Mills.
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2. The first of fifty settlers shall be at liberty to
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choose in what surveys they will fix their residence.
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Such surveys shall be divided, the four hundred acre lots
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into the [illegible words] lots in two [illegible] thirds
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and the one thousand acre lots into fourths or fifths
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and the parts to be granted to the settlers shall [word cut off]
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be determined by lot; so that they do not take
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up more than half of any one survey-- that the
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quantity taken up by each settler do not exceed
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two hundred or three hundred acres--and that
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the whole lie together in one lot. For the land
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is to be granted the company will accept of twenty
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