Connecticut Land Company

The Connecticut Company or Connecticut Land Company (est. 1795) was a post-colonial land speculation company formed in the late eighteenth century to survey and encourage settlement in the eastern parts of the newly chartered Connecticut Western Reserve of the former "Ohio Country" and a prized-part of the Northwest Territory)—a post-American Revolutionary period region, that was part of the lands-claims settlement adjudicated by the new United States government regarding the contentious conflicting claims by various Eastern Seaboard states on lands west of the gaps of the Allegheny draining into the Allegheny, Monongahela, and Ohio Rivers. Under the arrangement, all the states gave up their land claims west of the Alleghenies to the Federal government save for parts parceled out to each claimant state. Western Pennsylvania was Pennsylvania's part, and the Connecticut Western Reserve was the part apportioned to Connecticut's claim. The specific Connecticut Western Reserve lands were the northeastern part of the greater Mississippi drainage basin lands just west of those defined as part of Pennsylvania's claims settlement (Western Pennsylvania).

The Western Reserve is located in Northeast Ohio with its hub being Cleveland. In 1795, the Connecticut Land Company bought three million acres (12,000 km2) of the Western Reserve. Settlers used the guidelines of the Land Ordinance of 1785, which demanded the owners survey the land before settlement. In 1796, the company began surveys and sales on property east of Cuyahoga.

The original proprietors, 57 of the wealthiest and most prominent men in Connecticut, included Oliver Phelps, the largest subscriber and chief manager of the project. In 1796, one of the largest shareholders, Moses Cleaveland, planned a settlement on the banks of the Cuyahoga River with Seth Pease. This planned settlement would become the city of Cleveland.

The Deeds for the land were executed as follows:

No of Deeds Names of Grantees Integral parts of lands conveyed,
divided into 1,200,000 shares
No 1 Robert Charles Johnson $60,000 ($1,138,235 today)
No 2 & 3 Moses Cleaveland $32,600 ($618,441 today)
No 4 William Judd $16,250 ($308,272 today)
No 5 James Johnson $30,000 ($569,118 today)
No 6 William Law $10,500 ($199,191 today)
No 7 Daniel Holbrook $8,750 ($165,993 today)
No 8 Pierpont Edwards $60,000 ($1,138,235 today)
No 9 James Bull, Aaron Olmsted, John Wiles $30,000 ($569,118 today)
No 10 Elisha Hyde, Uriah Tracy $57,400 ($1,088,912 today)
No 11 Luther Loomis, Ebenezer King $44,318 ($840,739 today)
No 12 Roger Newberry, Enoch Perkins, Jonathan Brace $38,000 ($720,882 today)
No 13 Ephraim Root $42,000 ($796,765 today)
No 14 Ephraim Kirby, Uriel Holmes Jr, Elijah Boardman $60,000 ($1,138,235 today)
No 15 Oliver Phelps, Gideon Granger Jr $80,000 ($1,517,647 today)
No 16 Oliver Phelps $168,185 ($3,190,568 today)
No 17 John Caldwell, Peleg Sanford $15,000 ($284,559 today)
No 18 Soloman Cowles $10,000 ($189,706 today)
No 19 Soloman Griswold $10,000 ($189,706 today)
No 20 Henry Champion 2d $85,675 ($1,625,305 today)
No 21 Samuel P. Lord $14,092 ($267,334 today)
No 22 Jazeb Stocking, Joshua Stow $11,423 ($216,701 today)
No 23 Timothy Burr $15,231 ($288,941 today)
No 24 Caleb Atwater $22,846 ($433,402 today)
No 25 Titus Street $22,846 ($433,402 today)
No 26 Elias Morgan, Daniel Lathrop Coit $51,402 ($975,126 today)
No 27 Joseph Howland, Daniel Lathrop Coit $30,461 ($577,863 today)
No 28 Asher Miller $34,000 ($645,000 today)
No 29 Ephraim Starr $17,415 ($330,373 today)
No 30 Joseph Williams $15,231 ($288,941 today)
No 31 William Lyman, John Stoddard, David King $24,730 ($469,143 today)
No 32 Nehemiah Hubbard Jr $19,039 ($361,181 today)
No 33 Asahel Hathaway $12,000 ($227,647 today)
No 34 William Hart $30,462 ($577,882 today)
No 35 Samuel Mather Jr $18,461 ($350,216 today)
No 36 Sylvanus Griswold $1,683 ($31,927 today)