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Philadelphia March 7. 1786. [illegible]

It being our determination to form an early settlement on the lands you are serving for [illegible] and our associates, we have concluded to offer the following encouragement to search substantial persons as shall be willing to become settlers thereon.

1. To the person or persons who will undertake to erect a saw mill and grist mill in situation which shall to you or other agent by us appointed yche appear most suitable for the accommodation of the greatest body of the expected settlers, we will DRAN two hundred acres of land adjoining to and meet- ing the requisite Mills seats for that two Mills aforesaid at the rate of twenty pounds per hundred [word cut off] to be paid in the [illegible] other settlers are to pay for there are lots, as hereafter mentioned. We will also give to such undertake sure one hundred twenty eight pounds in cash, to assess him in erecting these Mills.

2. The first of fifty settlers shall be at Liberty to choose in what surveys they will fix their residence such surveys shall be divided, the four hundred acre lots in 2/2 in the illegible illegible lots in two [illegible] thirds and the one thousand acre lots into fourths or fifths and the parts to be granted to the settlers shall [word cut off] be determined by lot; so that they do not take up more than half of any one survey line that they quantity taken up by each sefler do not exceed two hundred or three hundred acres and that the whole life together in one lot. For the land is to be granted the company will accept of twenty

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